0
     

Report Added
Report already added
Human Machine Interface Market by Product (Hardware (Basic HMI, Advanced PC Based HMI, Advanced Panel Based HMI) and Software(On Premise HMI and Cloud Based HMI), Configuration (Embedded HMI, Standalone HMI) and Region - Global Forecast to 2027

Human Machine Interface Market by Product (Hardware (Basic HMI, Advanced PC Based HMI, Advanced Panel Based HMI) and Software(On Premise HMI and Cloud Based HMI), Configuration (Embedded HMI, Standalone HMI) and Region - Global Forecast to 2027

The HMI market size is expected to grow from USD 4.9billion in 2022 to USD 7.3billion by 2027; it is expected to grow at a CAGR of 8.1% from 2022 to 2027. The key factors driving the growth of the HMI market are growing adoption of Industry 4.0 across process and discrete industries and growing necessity for predictive maintenance and real-time data analysis. Moreover, growing adoption of emerging technologies such as IIoT and cloud computing in industrial environments is another major factor contributing to the growth of the HMI market.

“HMI software is projected to grow at the highest growth rate and HMI hardware held significant share of the market in 2021”
Manufacturing companies worldwide are adopting advanced technologies such as cloud-based and software solutions for improving the efficiency of manufacturing process to achieve competitive advantage for tackling changing consumer demands. HMI software helps with data storage regulations and reduces security concerns while offering the flexibility to organizations to incorporate changes in the process when required. HMIs have high scalability as data centers are allocated to meet the demand at any moment. The selection of HMI hardware is primarily dependent on the requirement and cost application for which the system is to be deployed. Ongoing technological developments in the interface technology, increasing demand for the interface solutions from end-user industries, and increasing investments in R&D processes by key market players are expected to create significant growth opportunities for the development of technically advanced HMI solutions.

“Embedded HMI is projected to grow at the highest growth rate and standalone HMI held significant share of the market in 2021”
The increasing need for integrated systems, and ease in machine-to-machine communication are some of the prominent factors expected to encourage the adoption of embedded HMI solutions during the forecast period. Standalone HMI solutions offer initial benefits to manufacturing firms by offering a good technique to attain visibility and metrics on the shop floor. For small manufacturing firms or a single manufacturing plant, it is more feasible to adopt standalone HMIs owing to the reduction in the total cost of ownership.

“Pharmaceuticals industry to grow at the highest CAGR during the review period and automotive industry held significant share in 2021”
The rapidly increasing population, especially in the emerging economies, has given rise to the spread of diseases, which is also responsible for the industry's growth. Hence, it is expected that the industry will face an extra load in the future. Since pharmaceutical manufacturing processes are highly complex, proper monitoring of all processes in a manufacturing plant to achieve operational efficiency. Assets used in manufacturing need to be monitored continuously, which can be effectively done using HMI solutions. Intensifying competition in the automotive industry has paved the way for various innovations and advancements in automobile manufacturing technologies. As the automotive industry experiences rapid changes in manufacturing technology, an upgrade is an unavoidable aspect of this industry, thereby promoting the growth of the HMI market.

“North America held the largest share and Asia Pacific is projected to grow at the highest growth rate during the forecast period”
The growth of the HMI market in the North America can be mainly attributed to the presence of a large industrial base in the country and the high production capacities of these industries. The North America has been one of the early adopters of HMI. The manufacturers in the country have invested in new technologies and disruptive tools and are already seeing the returns on the investments made. The adoption of HMI is helping manufacturers to increase productivity, improve industrial efficiency with better-quality control, and mitigate any industrial risks. The HMI market in Asia Pacific is expected to grow at the fastest CAGR during the forecast period owing to fast-track industrial development in the region. In addition, strong government support and increasing foreign investments are further favoring industrial development. The manufacturing sector, in particular, is flourishing in the region, which is anticipated to induce substantial demand for HMI solutions.

The break-up of the profiles of primary participants for the report has been given below:
•By Company Type: Tier 1 = 65%, Tier 2 = 20%, and Tier 3 = 15%
•By Designation: C-Level Executives = 57%, Directors= 27%, and Others= 16%
•By Region: North America = 24%, Europe = 24%, Asia Pacific = 46%, and RoW= 6%

Major players operating in the HMI market include Rockwell Automation Inc. (US), ABB (Switzerland), Siemens AG (Germany), Schneider Electric SE (France), Honeywell International Inc. (US), Advantech Co., Ltd. (Taiwan), Emerson Electric Co. (US), General Eelctric Co. (US), Mitsubishi Electric Corporation (Japan), and Yokogawa Electric Corporation (Japan), among others.

Research Coverage:
The research report on the global HMI market covers the market based on product, configuration, industry, and region. Based on product, the HMI market is segregated into hardware and software. Based on configuration, the HMI market is segregated into embedded HMI and standalone HMI. Based on industry, the HMI market is segregated into process industry and discrete industry. Process industry is further segregated into oil & gas, food & beverages, pharmaceuticals, chemicals, energy & power, metals & mining, water & wastewater, and others (pulp & paper and textiles). Discrete industry is further segregated into semiconductor & electronics, packaging, automotive, aerospace, medical devices, and others (machine manufacturing and consumer packaged goods). The report covers four major regions, namely, North America, Europe, AsiaPacific (APAC), and Rest of the World (RoW).

Key Benefits of Buying the Report:
This report segments the HMI market comprehensively and provides the closest approximations of the overall market size, as well as that of the subsegments across different type, product, application, vertical, and region.
The report helps stakeholders understand the pulse of the market, and expected market scenario and provides information on key market drivers, restraints, challenges, and opportunities.

Table of Ccontent
1INTRODUCTION
1.1STUDY OBJECTIVES26
1.2MARKET DEFINITION26
1.2.1INCLUSIONS AND EXCLUSIONS27
1.3STUDY SCOPE28
1.3.1MARKETS COVERED28
FIGURE 1HMI MARKET SEGMENTATION28
1.3.2GEOGRAPHIC SCOPE28
1.3.3YEARS CONSIDERED29
1.4CURRENCY29
1.5LIMITATIONS29
1.6STAKEHOLDERS30
1.7SUMMARY OF CHANGES30
2RESEARCH METHODOLOGY31
2.1RESEARCH DATA31
FIGURE 2HMI MARKET: RESEARCH DESIGN31
2.1.1SECONDARY & PRIMARY RESEARCH32
2.1.2SECONDARY DATA33
2.1.2.1List of major secondary sources33
2.1.2.2Key data from secondary sources33
2.1.3PRIMARY DATA33
2.1.3.1Primary interviews with experts34
2.1.3.2Key data from primary sources34
2.1.3.3Key industry insights35
2.1.3.4Breakdown of primaries35
2.2MARKET SIZE ESTIMATION36
FIGURE 3MARKET SIZE ESTIMATION METHODOLOGY: (SUPPLY SIDE): REVENUE GENERATED THROUGH SOLUTIONS/SERVICES IN HMI MARKET36
2.2.1BOTTOM-UP APPROACH37
2.2.1.1Approach to arrive at market share using bottom-up analysis (demand side)37
FIGURE 4HMI MARKET: BOTTOM-UP APPROACH37
2.2.2TOP-DOWN APPROACH37
2.2.2.1Approach to capture market share using top-down analysis
(supply side)38
FIGURE 5HMI MARKET: TOP-DOWN APPROACH38
2.3MARKET BREAKDOWN AND DATA TRIANGULATION39
FIGURE 6DATA TRIANGULATION39
2.4RESEARCH ASSUMPTIONS40
3EXECUTIVE SUMMARY41
FIGURE 7HMI SOFTWARE MARKET ANTICIPATED TO WITNESS HIGHER CAGR41
FIGURE 8HMI MARKET FOR EMBEDDED HMI TO GROW AT HIGHER CAGR42
FIGURE 9HMI MARKET FOR AUTOMOTIVE TO BE DOMINANT DURING FORECAST PERIOD42
FIGURE 10HMI MARKET FOR OIL & GAS TO HOLD LARGEST MARKET SHARE43
FIGURE 11NORTH AMERICA HELD LARGEST MARKET SHARE IN 202144
4PREMIUM INSIGHTS45
4.1ATTRACTIVE GROWTH OPPORTUNITIES IN HMI MARKET45
FIGURE 12INCREASING USE OF INDUSTRIAL AUTOMATION IN MANUFACTURING TO BOOST ADOPTION OF HMI SOLUTIONS45
4.2HMI MARKET, BY PRODUCT45
FIGURE 13HMI MARKET FOR SOFTWARE TO GROW AT HIGHER CAGR45
4.3HMI MARKET, BY PROCESS INDUSTRY46
FIGURE 14OIL & GAS TO HOLD LARGEST SIZE IN 202246
4.4HMI MARKET, BY DISCRETE INDUSTRY46
FIGURE 15AUTOMOTIVE TO DOMINATE HMI MARKET IN 202246
4.5HMI MARKET, BY COUNTRY/REGION47
FIGURE 16US TO HOLD LARGEST SHARE OF HMI MARKET IN 202247
5MARKET OVERVIEW48
5.1INTRODUCTION48
5.2MARKET DYNAMICS48
FIGURE 17GLOBAL HMI MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES48
5.2.1DRIVERS49
FIGURE 18DRIVERS FOR GLOBAL HMI MARKET AND THEIR IMPACT49
5.2.1.1Surging adoption of industrial automation in manufacturing process49
5.2.1.2Increasing emphasis on real-time data analysis and predictive maintenance50
5.2.1.3Strategic initiatives by governments to promote adoption of operational technologies50
5.2.1.4Growing adoption of Industry 4.051
5.2.2RESTRAINTS51
FIGURE 19RESTRAINTS FOR GLOBAL HMI MARKET AND THEIR IMPACT51
5.2.2.1High installation and maintenance costs51
5.2.2.2Requirement of maintenance and frequent software upgrades52
5.2.2.3Lack of skilled professionals52
5.2.3OPPORTUNITIES53
FIGURE 20OPPORTUNITIES FOR GLOBAL HMI MARKET AND THEIR IMPACT53
5.2.3.1Increased demand for safety compliance automation solutions53
5.2.3.2Adoption of emerging technologies such as IIoT and cloud computing in industrial environments53
5.2.3.3Increasing investments in renewable power projects54
5.2.4CHALLENGES54
FIGURE 21CHALLENGES FOR GLOBAL HMI MARKET AND THEIR IMPACT54
5.2.4.1Lack of standardization in industrial communication protocols and interfaces55
5.2.4.2Increasing security risks associated with cloud-HMI platform55
5.3VALUE CHAIN ANALYSIS55
FIGURE 22HMI MARKET: VALUE CHAIN ANALYSIS55
5.4ECOSYSTEM57
FIGURE 23HMI MARKET: ECOSYSTEM57
5.5KEY CONFERENCES & EVENTS IN 2022–202358
TABLE 1HMI MARKET: DETAILED LIST OF CONFERENCES & EVENTS58
5.6TECHNOLOGY TRENDS59
5.6.1SPATIAL COMPUTING59
5.6.2TRANSPARENT DISPLAYS59
5.6.3BIOACOUSTIC SENSING59
5.6.4MACHINE LEARNING60
5.6.5GESTURE CONTROL DEVICES60
5.6.6FLEXIBLE DISPLAY60
5.6.7AUGMENTED REALITY60
5.6.8SENSOR FUSION60
5.6.9VIRTUAL REALITY61
5.6.10DIGITALIZATION AND INDUSTRIAL INTERNET OF THINGS (IIOT)61
5.6.11INDUSTRY 4.061
5.6.12ARTIFICIAL INTELLIGENCE (AI)62
5.6.13INTERNET OF THINGS (IOT)62
5.7STANDARDS & REGULATORY LANDSCAPE63
5.7.1REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS63
TABLE 2NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS63
TABLE 3EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS64
TABLE 4ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS65
TABLE 5REST OF THE WORLD: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS65
5.7.2REGULATORY STANDARDS66
5.7.2.1IEC TS 62832-1: 202066
5.7.2.2ISO/IEC TR 63306-1:202066
5.7.2.3ISO 55001: 201466
5.7.2.4Industrial safety standards66

6HMI MARKET, BY TECHNOLOGY TYPE67
6.1INTRODUCTION67
6.2MOTION HMI67
6.3BIONIC HMI67
6.4TACTILE HMI67
6.5ACOUSTIC HMI67
7HMI MARKET, BY PRODUCT68
7.1INTRODUCTION69
FIGURE 24HMI MARKET, BY PRODUCT69
TABLE 6HMI MARKET, BY PRODUCT, 2018–2021 (USD MILLION)69
TABLE 7HMI MARKET, BY PRODUCT, 2022–2027 (USD MILLION)69
7.2HARDWARE70
TABLE 8HMI MARKET, BY HARDWARE, 2018–2021 (USD MILLION)70
TABLE 9HMI MARKET, BY HARDWARE, 2022–2027 (USD MILLION)70
7.2.1BASIC HMI71
7.2.1.1High demand for simple and price-sensitive applications71
7.2.2ADVANCED PANEL-BASED HMI71
7.2.2.1Ability to implement high-performance visualization71
FIGURE 25ADVANCED PC-BASED HMI TO HOLD LARGEST MARKET SHARE72
7.2.3ADVANCED PC-BASED HMI72
7.2.3.1Advanced PC-based HMI offers IoT and cloud connectivity for big data analytics72
TABLE 10HMI MARKET, BY HARDWARE, 2018–2021 (MILLION UNITS)73
TABLE 11HMI MARKET, BY HARDWARE, 2022–2027 (MILLION UNITS)73
7.3SOFTWARE73
7.3.1ON-PREMISE HMI74
7.3.1.1Data security and customization to encourage adoption of on-premise HMI solutions74
7.3.2CLOUD-BASED HMI74
7.3.2.1Low installation cost to encourage adoption of cloud-based HMI
by small enterprises74
FIGURE 26CLOUD-BASED HMI TO GROW AT HIGHER CAGR75
TABLE 12HMI MARKET, BY SOFTWARE, 2018–2021 (USD MILLION)75
TABLE 13HMI MARKET, BY SOFTWARE, 2022–2027 (USD MILLION)75
7.4SERVICES76
8HMI MARKET, BY CONFIGURATION77
8.1INTRODUCTION78
FIGURE 27HMI MARKET, BY CONFIGURATION78
TABLE 14HMI MARKET, BY CONFIGURATION, 2018–2021 (USD MILLION)78
TABLE 15HMI MARKET, BY CONFIGURATION, 2022–2027 (USD MILLION)79
FIGURE 28EMBEDDED HMI TO HOLD LARGER MARKET SHARE BETWEEN
2022 AND 202779
8.2EMBEDDED HMI79
8.2.1OFFERS SEVERAL BENEFITS TO END USERS79
TABLE 16HMI MARKET FOR EMBEDDED HMI, BY PROCESS INDUSTRY,
2018–2021 (USD MILLION)80
TABLE 17HMI MARKET FOR EMBEDDED HMI, BY PROCESS INDUSTRY,
2022–2027 (USD MILLION)80
TABLE 18HMI MARKET FOR EMBEDDED HMI, BY DISCRETE INDUSTRY,
2018–2021 (USD MILLION)81
TABLE 19HMI MARKET FOR EMBEDDED HMI, BY DISCRETE INDUSTRY,
2022–2027 (USD MILLION)81
8.3STANDALONE HMI81
8.3.1COST-EFFICIENT FOR SMALL ENTERPRISES82
TABLE 20HMI MARKET FOR STANDALONE HMI, BY PROCESS INDUSTRY,
2018–2021 (USD MILLION)82
TABLE 21HMI MARKET FOR STANDALONE HMI, BY PROCESS INDUSTRY,
2022–2027 (USD MILLION)82
TABLE 22HMI MARKET FOR STANDALONE HMI, BY DISCRETE INDUSTRY,
2018–2021 (USD MILLION)83
TABLE 23HMI MARKET FOR STANDALONE HMI, BY DISCRETE INDUSTRY,
2022–2027 (USD MILLION)83
9HMI MARKET, BY SALES CHANNEL84
9.1INTRODUCTION85
FIGURE 29SALES CHANNELS OF HUMAN-MACHINE INTERFACE SOLUTIONS85
9.2DIRECT SALES CHANNELS85
9.3INDIRECT SALES CHANNELS85
9.3.1HMI PRODUCTS TO WITNESS INCREASED SALES THROUGH ONLINE SALES CHANNELS85
10HMI MARKET, BY END-USER INDUSTRY86
10.1INTRODUCTION87
FIGURE 30GLOBAL HMI MARKET, BY END-USER INDUSTRY87
TABLE 24HMI MARKET, BY END-USER INDUSTRY, 2018–2021 (USD MILLION)87
TABLE 25HMI MARKET, BY END-USER INDUSTRY, 2022–2027 (USD MILLION)88
10.2PROCESS INDUSTRY88
FIGURE 31HMI MARKET, BY PROCESS INDUSTRY89
TABLE 26HMI MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)89
TABLE 27HMI MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)90
TABLE 28HMI MARKET FOR PROCESS INDUSTRY, BY REGION,
2018–2021 (USD MILLION)90
TABLE 29HMI MARKET FOR PROCESS INDUSTRY, BY REGION,
2022–2027 (USD MILLION)90
FIGURE 32NORTH AMERICA TO HOLD LARGEST MARKET FOR PROCESS INDUSTRY DURING FORECAST PERIOD91
TABLE 30HMI MARKET FOR PROCESS INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)91
TABLE 31HMI MARKET FOR PROCESS INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)91
10.2.1OIL & GAS92
10.2.1.1Increasing demand for remote monitoring solutions92
TABLE 32HMI MARKET FOR OIL & GAS INDUSTRY, BY REGION,
2018–2021 (USD MILLION)92
TABLE 33HMI MARKET FOR OIL & GAS INDUSTRY, BY REGION,
2022–2027 (USD MILLION)93
TABLE 34HMI MARKET FOR OIL AND GAS INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)93
TABLE 35HMI MARKET FOR OIL AND GAS INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)93
10.2.2FOOD & BEVERAGES94
10.2.2.1Stringent quality requirements94
TABLE 36HMI MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION,
2018–2021 (USD MILLION)94
TABLE 37HMI MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION,
2022–2027 (USD MILLION)94
TABLE 38HMI MARKET FOR FOOD & BEVERAGES INDUSTRY, BY CONFIGURATION, 2018–2021 (USD MILLION)95
TABLE 39HMI MARKET FOR FOOD & BEVERAGES INDUSTRY, BY CONFIGURATION, 2022–2027 (USD MILLION)95
10.2.3PHARMACEUTICALS95
10.2.3.1Complex manufacturing processes in pharmaceutical plants95
TABLE 40HMI MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION,
2018–2021 (USD MILLION)96
TABLE 41HMI MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION,
2022–2027 (USD MILLION)96
TABLE 42HMI MARKET FOR PHARMACEUTICALS INDUSTRY, BY CONFIGURATION, 2018–2021 (USD MILLION)96
TABLE 43HMI MARKET FOR PHARMACEUTICALS INDUSTRY, BY CONFIGURATION, 2022–2027 (USD MILLION)97
10.2.4CHEMICALS97
10.2.4.1Focus of chemical manufacturers on increasing operational efficiency97
TABLE 44HMI MARKET FOR CHEMICALS INDUSTRY, BY REGION,
2018–2021 (USD MILLION)97
TABLE 45HMI MARKET FOR CHEMICALS INDUSTRY, BY REGION,
2022–2027 (USD MILLION)98
TABLE 46HMI MARKET FOR CHEMICALS INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)98
TABLE 47HMI MARKET FOR CHEMICALS INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)98
10.2.5ENERGY & POWER99
10.2.5.1Surging demand for advanced monitoring solutions99
TABLE 48HMI MARKET FOR ENERGY & POWER INDUSTRY, BY REGION,
2018–2021 (USD MILLION)99
TABLE 49HMI MARKET FOR ENERGY & POWER INDUSTRY, BY REGION,
2022–2027 (USD MILLION)100
TABLE 50HMI MARKET FOR ENERGY & POWER INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)100
TABLE 51HMI MARKET FOR ENERGY & POWER INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)100
10.2.6METALS & MINING101
10.2.6.1High risks associated with mining operations101
TABLE 52HMI MARKET FOR METALS & MINING INDUSTRY, BY REGION,
2018–2021 (USD MILLION)101
TABLE 53HMI MARKET FOR METALS & MINING INDUSTRY, BY REGION,
2022–2027 (USD MILLION)101
TABLE 54HMI MARKET FOR METALS & MINING INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)102
TABLE 55HMI MARKET FOR METALS & MINING INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)102
10.2.7WATER & WASTEWATER102
10.2.7.1Technological advancements in water treatment operations102
TABLE 56HMI MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION,
2018–2021 (USD MILLION)102
TABLE 57HMI MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION,
2022–2027 (USD MILLION)103
TABLE 58HMI MARKET FOR WATER & WASTEWATER INDUSTRY, BY CONFIGURATION, 2018–2021 (USD MILLION)103
TABLE 59HMI MARKET FOR WATER & WASTEWATER INDUSTRY, BY CONFIGURATION, 2022–2027 (USD MILLION)103
10.2.8OTHERS103
TABLE 60HMI MARKET FOR OTHER PROCESS INDUSTRIES, BY REGION,
2018–2021 (USD MILLION)104
TABLE 61HMI MARKET FOR OTHER PROCESS INDUSTRIES, BY REGION,
2022–2027 (USD MILLION)104
TABLE 62HMI MARKET FOR OTHER PROCESS INDUSTRIES, BY CONFIGURATION, 2018–2021 (USD MILLION)104
TABLE 63HMI MARKET FOR OTHER PROCESS INDUSTRIES, BY CONFIGURATION, 2022–2027 (USD MILLION)105
10.3DISCRETE INDUSTRY105
FIGURE 33HMI MARKET, BY DISCRETE INDUSTRY106
TABLE 64HMI MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)106
TABLE 65HMI MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)107
TABLE 66HMI MARKET FOR DISCRETE INDUSTRY, BY REGION,
2018–2021 (USD MILLION)107
TABLE 67HMI MARKET FOR DISCRETE INDUSTRY, BY REGION,
2022–2027 (USD MILLION)107
FIGURE 34HMI MARKET FOR DISCRETE INDUSTRY IN ASIA PACIFIC TO GROW AT HIGHEST CAGR BETWEEN 2022 AND 2027108
TABLE 68HMI MARKET FOR DISCRETE INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)108
TABLE 69HMI MARKET FOR DISCRETE INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)109
10.3.1AUTOMOTIVE109
10.3.1.1Technological innovations in automotive industry109
TABLE 70HMI MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION,
2018–2021 (USD MILLION)110
TABLE 71HMI MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION,
2022–2027 (USD MILLION)110
TABLE 72HMI MARKET FOR AUTOMOTIVE INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)110
TABLE 73HMI MARKET FOR AUTOMOTIVE INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)111
10.3.2AEROSPACE111
10.3.2.1Adoption of HMI solutions to ensure reliability of equipment111
TABLE 74HMI MARKET FOR AEROSPACE INDUSTRY, BY REGION,
2018–2021 (USD MILLION)112
TABLE 75HMI MARKET FOR AEROSPACE INDUSTRY, BY REGION,
2022–2027 (USD MILLION)112
TABLE 76HMI MARKET FOR AEROSPACE INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)112
TABLE 77HMI MARKET FOR AEROSPACE INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)113
10.3.3PACKAGING113
10.3.3.1Increasing emphasis on packaging of products113
TABLE 78HMI MARKET FOR PACKAGING INDUSTRY, BY REGION,
2018–2021 (USD MILLION)113
TABLE 79HMI MARKET FOR PACKAGING INDUSTRY, BY REGION,
2022–2027 (USD MILLION)114
TABLE 80HMI MARKET FOR PACKAGING INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)114
TABLE 81HMI MARKET FOR PACKAGING INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)114
10.3.4MEDICAL DEVICES115
10.3.4.1Unrelenting need to monitor medical device manufacturing processes115
TABLE 82HMI MARKET FOR MEDICAL DEVICES INDUSTRY, BY REGION,
2018–2021 (USD MILLION)115
TABLE 83HMI MARKET FOR MEDICAL DEVICES INDUSTRY, BY REGION,
2022–2027 (USD MILLION)116
TABLE 84HMI MARKET FOR MEDICAL DEVICES INDUSTRY, BY CONFIGURATION,
2018–2021 (USD MILLION)116
TABLE 85HMI MARKET FOR MEDICAL DEVICES INDUSTRY, BY CONFIGURATION,
2022–2027 (USD MILLION)116

10.3.5SEMICONDUCTOR & ELECTRONICS117
10.3.5.1High competition in semiconductor & electronics industry117
TABLE 86HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY REGION, 2018–2021 (USD MILLION)117
TABLE 87HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY REGION, 2022–2027 (USD MILLION)118
TABLE 88HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY,
BY CONFIGURATION, 2018–2021 (USD MILLION)118
TABLE 89HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY,
BY CONFIGURATION, 2022–2027 (USD MILLION)118
10.3.6OTHERS119
TABLE 90HMI MARKET FOR OTHER DISCRETE INDUSTRIES, BY REGION,
2018–2021 (USD MILLION)119
TABLE 91HMI MARKET FOR OTHER DISCRETE INDUSTRIES, BY REGION,
2022–2027 (USD MILLION)119
TABLE 92HMI MARKET FOR OTHER DISCRETE INDUSTRIES, BY CONFIGURATION, 2018–2021 (USD MILLION)119
TABLE 93HMI MARKET FOR OTHER DISCRETE INDUSTRIES, BY CONFIGURATION, 2022–2027 (USD MILLION)120
11HMI MARKET, BY REGION121
11.1INTRODUCTION122
FIGURE 35GEOGRAPHIC SNAPSHOT: HMI MARKET122
TABLE 94HMI MARKET, BY REGION, 2018–2021 (USD MILLION)123
TABLE 95HMI MARKET, BY REGION, 2022–2027 (USD MILLION)123
FIGURE 36ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD123
11.2NORTH AMERICA124
TABLE 96NORTH AMERICA: HMI MARKET, BY COUNTRY, 2018–2021 (USD MILLION)124
TABLE 97NORTH AMERICA: HMI MARKET, BY COUNTRY, 2022–2027 (USD MILLION)124
FIGURE 37NORTH AMERICA: HMI MARKET SNAPSHOT125
TABLE 98NORTH AMERICA: HMI MARKET, BY PROCESS INDUSTRY,
2018–2021 (USD MILLION)126
TABLE 99NORTH AMERICA: HMI MARKET, BY PROCESS INDUSTRY,
2022–2027 (USD MILLION)126
TABLE 100NORTH AMERICA: HMI MARKET, BY DISCRETE INDUSTRY,
2018–2021 (USD MILLION)127
TABLE 101NORTH AMERICA: HMI MARKET, BY DISCRETE INDUSTRY,
2022–2027 (USD MILLION)127
11.2.1US127
11.2.1.1Growing focus of key players on developing innovative HMI products127
11.2.2CANADA128
11.2.2.1Growing processed food industry128
11.2.3MEXICO128
11.2.3.1Expansions by key players128

11.3EUROPE129
TABLE 102EUROPE: HMI MARKET, BY COUNTRY, 2018–2021 (USD MILLION)129
TABLE 103EUROPE: HMI MARKET, BY COUNTRY, 2022–2027 (USD MILLION)130
FIGURE 38EUROPE: HMI MARKET SNAPSHOT131
TABLE 104EUROPE: HMI MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)132
TABLE 105EUROPE: HMI MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)132
TABLE 106EUROPE: HMI MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)133
TABLE 107EUROPE: HMI MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)133
11.3.1UK134
11.3.1.1Rising automation in food & beverage industry134
11.3.2GERMANY134
11.3.2.1Increasing adoption of advanced technologies in automotive industry134
11.3.3FRANCE135
11.3.3.1Government initiatives and support135
11.3.4REST OF EUROPE135
11.4ASIA PACIFIC136
TABLE 108ASIA PACIFIC: HMI MARKET, BY COUNTRY, 2018–2021 (USD MILLION)136
TABLE 109ASIA PACIFIC: HMI MARKET, BY COUNTRY, 2022–2027 (USD MILLION)136
FIGURE 39ASIA PACIFIC: HMI MARKET SNAPSHOT137
TABLE 110ASIA PACIFIC: HMI MARKET, BY PROCESS INDUSTRY,
2018–2021 (USD MILLION)138
TABLE 111ASIA PACIFIC: HMI MARKET, BY PROCESS INDUSTRY,
2022–2027 (USD MILLION)138
TABLE 112ASIA PACIFIC: HMI MARKET, BY DISCRETE INDUSTRY,
2018–2021 (USD MILLION)139
TABLE 113ASIA PACIFIC: HMI MARKET, BY DISCRETE INDUSTRY,
2022–2027 (USD MILLION)139
11.4.1CHINA139
11.4.1.1Increasing labor costs in China to encourage adoption of advanced automation technologies139
11.4.2JAPAN140
11.4.2.1Increasing production of automotives140
11.4.3INDIA140
11.4.3.1Growth of manufacturing industry to create opportunities140
11.4.4REST OF ASIA PACIFIC141
11.4.4.1Smart manufacturing initiatives141
11.5ROW141
FIGURE 40ROW: HMI MARKET141
TABLE 114ROW: HMI MARKET, BY REGION, 2018–2021 (USD MILLION)142
TABLE 115ROW: HMI MARKET, BY REGION, 2022–2027 (USD MILLION)142
TABLE 116ROW: HMI MARKET, BY PROCESS INDUSTRY, 2018–2021 (USD MILLION)142
TABLE 117ROW: HMI MARKET, BY PROCESS INDUSTRY, 2022–2027 (USD MILLION)143
TABLE 118ROW: HMI MARKET, BY DISCRETE INDUSTRY, 2018–2021 (USD MILLION)143
TABLE 119ROW: HMI MARKET, BY DISCRETE INDUSTRY, 2022–2027 (USD MILLION)144
11.5.1MIDDLE EAST144
11.5.1.1High adoption of HMI solutions in oil & gas industry144
11.5.2AFRICA144
11.5.2.1Digitalization of mines to propel growth144
11.5.3SOUTH AMERICA145
11.5.3.1Rising demand for automation products and instrumentation145
12COMPETITIVE LANDSCAPE146
12.1OVERVIEW146
TABLE 120KEY DEVELOPMENTS IN HMI (2020 TO 2022)146
12.2REVENUE ANALYSIS OF TOP 5 COMPANIES147
FIGURE 41TOP 5 PLAYERS IN HMI MARKET, 2017–2021147
12.3MARKET SHARE ANALYSIS: HMI MARKET (2021)148
TABLE 121HMI MARKET: MARKET SHARE ANALYSIS148
12.4COMPETITIVE LEADERSHIP MAPPING, 2021150
12.4.1STARS150
12.4.2EMERGING LEADERS150
12.4.3PERVASIVE PLAYERS150
12.4.4PARTICIPANTS150
FIGURE 42HMI MARKET (GLOBAL): COMPETITIVE LEADERSHIP MAPPING, 2021151
12.5START-UP/SME EVALUATION QUADRANT, 2021151
12.5.1PROGRESSIVE COMPANIES151
12.5.2RESPONSIVE COMPANIES151
12.5.3DYNAMIC COMPANIES152
12.5.4STARTING BLOCKS152
FIGURE 43HMI MARKET: START-UP/SME QUADRANT, 2021152
12.6COMPETITIVE BENCHMARKING153
TABLE 122HMI MARKET: DETAILED LIST OF KEY START-UPS/SMES153
TABLE 123HMI MARKET: COMPETITIVE BENCHMARKING OF KEY START-UPS/SMES153
12.7COMPETITIVE SITUATIONS AND TRENDS154
12.7.1PRODUCT LAUNCHES154
TABLE 124HMI MARKET: PRODUCT LAUNCHES, JULY 2020–DECEMBER 2021154
12.7.2DEALS154
TABLE 125HMI MARKET: DEALS, JANUARY 2020–DECEMBER 2021154
13COMPANY PROFILES156
(Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
13.1KEY PLAYERS156
13.1.1ABB LTD.156
TABLE 126ABB: BUSINESS OVERVIEW156
FIGURE 44ABB LTD.: COMPANY SNAPSHOT157
13.1.2ADVANTECH CO., LTD.159
TABLE 127ADVANTECH CO., LTD.: BUSINESS OVERVIEW159
FIGURE 45ADVANTECH CO., LTD.: COMPANY SNAPSHOT160
13.1.3EMERSON ELECTRIC CO.161
TABLE 128EMERSON ELECTRIC CO.: BUSINESS OVERVIEW161
FIGURE 46EMERSON ELECTRIC CO.: COMPANY SNAPSHOT162
13.1.4GENERAL ELECTRIC CO.164
TABLE 129GENERAL ELECTRIC: BUSINESS OVERVIEW164
FIGURE 47GENERAL ELECTRIC CO.: COMPANY SNAPSHOT165
13.1.5HONEYWELL INTERNATIONAL, INC.167
TABLE 130HONEYWELL INTERNATIONAL, INC.: BUSINESS OVERVIEW167
FIGURE 48HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT168
13.1.6MITSUBISHI ELECTRIC CORPORATION170
TABLE 131MITSUBISHI ELECTRIC CORPORATION: BUSINESS OVERVIEW170
FIGURE 49MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT171
13.1.7ROCKWELL AUTOMATION, INC.173
TABLE 132ROCKWELL AUTOMATION INC: BUSINESS OVERVIEW173
FIGURE 50ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT174
13.1.8SCHNEIDER ELECTRIC SE176
TABLE 133SCHNEIDER ELECTRIC: BUSINESS OVERVIEW176
FIGURE 51SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT177
13.1.9SIEMENS AG180
TABLE 134SIEMENS: BUSINESS OVERVIEW180
FIGURE 52SIEMENS AG: COMPANY SNAPSHOT181
13.1.10YOKOGAWA ELECTRIC CORPORATION184
TABLE 135YOKOGAWA ELECTRIC CORPORATION: BUSINESS OVERVIEW184
FIGURE 53YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT185
13.2OTHER KEY PLAYERS187
13.2.1BECKHOFF AUTOMATION187
13.2.2BEIJER ELECTRONICS GROUP188
13.2.3EATON189
13.2.4EXOR INTERNATIONAL190
13.2.5KONTRON AG191
13.2.6OMRON CORPORATION192
13.2.7RED LION193
13.2.8ROBERT BOSCH GMBH194
13.2.9TEXAS INSTRUMENTS INCORP.195
13.2.10WEINTEK LABS., INC.196
*Details on Business Overview, Products Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.

14ADJACENT/RELATED MARKETS197
14.1INTRODUCTION197
14.2LIMITATIONS197
14.3INDUSTRIAL PC MARKET, BY TYPE197
TABLE 136INDUSTRIAL PC MARKET, IN TERMS OF VOLUME, 2017–2026197
TABLE 137INDUSTRIAL PC MARKET, BY TYPE, 2017–2020 (USD MILLION)198
TABLE 138INDUSTRIAL PC MARKET, BY TYPE, 2021–2026 (USD MILLION)198
14.3.1PANEL IPC199
14.3.1.1Growing adoption of automated manufacturing technologies drives demand for panel IPC199
TABLE 139PANEL INDUSTRIAL PC MARKET, BY REGION, 2017–2020 (USD MILLION)199
TABLE 140PANEL INDUSTRIAL PC MARKET, BY REGION, 2021–2026 (USD MILLION)199
14.3.2RACK MOUNT IPC200
14.3.2.1Surging need for compact designs in space-constrained applications accelerates demand for rack mount IPC200
TABLE 141RACK MOUNT INDUSTRIAL PC MARKET, BY REGION,
2017–2020 (USD MILLION)200
TABLE 142RACK MOUNT INDUSTRIAL PC MARKET, BY REGION,
2021–2026 (USD MILLION)200
14.3.3BOX IPC201
14.3.3.1Rising demand for highest level of reliability and performance supports adoption of box IPC in industrial applications201
TABLE 143BOX INDUSTRIAL PC MARKET, BY REGION, 2017–2020 (USD MILLION)201
TABLE 144BOX INDUSTRIAL PC MARKET, BY REGION, 2021–2026 (USD MILLION)201
14.3.4DIN RAIL IPC202
14.3.4.1Increasing use of rugged and scalable DIN rail IPC for maintenance-free and continuous operations202
TABLE 145DIN RAIL INDUSTRIAL PC MARKET, BY REGION, 2017–2020 (USD MILLION)202
TABLE 146DIN RAIL INDUSTRIAL PC MARKET, BY REGION, 2021–2026 (USD MILLION)202
14.3.5EMBEDDED IPC203
14.3.5.1North America to account for largest share of embedded IPC market during forecast period203
TABLE 147EMBEDDED INDUSTRIAL PC MARKET, BY REGION,
2017–2020 (USD MILLION)203
TABLE 148EMBEDDED INDUSTRIAL PC MARKET, BY REGION,
2021–2026 (USD MILLION)203
15APPENDIX204
15.1INSIGHTS FROM INDUSTRY EXPERTS204
15.2DISCUSSION GUIDE204
15.3KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL207
15.4CUSTOMIZATION OPTIONS209
15.5RELATED REPORTS209
15.6AUTHOR DETAILS210

Report Title: Human Machine Interface Market by Product (Hardware (Basic HMI, Advanced PC Based HMI, Advanced Panel Based HMI) and Software(On Premise HMI and Cloud Based HMI), Configuration (Embedded HMI, Standalone HMI) and Region - Global Forecast to 2027


Your Details
Valid Invalid number

SELECT A FORMAT

ADD TO CART BUY NOW