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.
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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.
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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
Near-Field Imaging Touchscreen Human Machine Interface
Industrial PCs Human Machine Interface
Human Machine Interface I/O Devices
Human Machine Interface Storage Devices
Human Machine Interface Other Devices
Human Machine Interface Software
By Application
Pharmaceutical and Healthcare
Packaging
Metals and Mining
By Region
Europe
Rest of the World
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