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  Industry News  Global Human Machine Interface Market to Top US$5,579.0 Million by 2019 as Industrial Efficiency Takes Center Stage: TMR
Industry News

Global Human Machine Interface Market to Top US$5,579.0 Million by 2019 as Industrial Efficiency Takes Center Stage: TMR

Transparency Market ResearchTransparency Market Research—June 23, 20160
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Transparency Market Research (TMR) has published a research study on the global human machine interface (HMI) market, estimating it to register a CAGR of 10.40% during the period from 2013 to 2019 and reach a value of US$5,579.3 mn by the end of the forecast period.The market report, titled “Human Machine Interface Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2013 – 2019”, offers a comprehensive assessment of the global HMI market on the basis of significant market verticals

The global human machine interface (HMI) market is driven by an increasing demand for efficiency and mobility, growth in industrial automation, and positive outlook of Asia Pacific manufacturing industries. HMI technology is used in industrial automation for managing large volumes of data application. The global HMI market is segmented on the basis of product type, applications, and geography. The different types of HMI devices include resistive, capacitative, near-field imaging, and infrared and dispersive signal touchscreen HMIs. The various application areas include the oil and gas, automotive, pharmaceutical, packaging, metals and mining, defense, food and beverages, and aerospace industries.

Get Free PDF Brochure for more Professional and Technical insights: www.transparencymarketresearch.com/sample/sampl[…]

Geographically, the global HMI market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Currently, this market is dominated by the region of North America. Rising GDP and recovery from economic slowdown are the main factors driving the North America HMI market.

However, it is anticipated that the Asia Pacific HMI market will witness the highest rate of growth in the forthcoming years owing to rapidly growing economies like India, South Korea, Indonesia, and China, and the growth of automation industries in these regions. The global HMI market is characterized by intense competition amongst the market players. Companies in the global HMI market are ABB Ltd., Advantech Co., Ltd., and Beijer Electronics, Inc.

Browse the Market Research report at www.transparencymarketresearch.com/human-machin[…]

The global human machine interface market is segmented into:

By Product

Display Human Machine Interface

Resistive Touchscreen Human Machine Interface

Capacitive Touchscreen Human Machine Interface

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

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