Human Machine Interface (HMI) Market Share, Size, Trends, Industry Analysis Report by Product (Display Terminals, Interface Software, Industrial PCs and Others); By End-user (Automotive, Food & Beverages, Healthcare, Oil & Gas, Aerospace & Defense, Packaging and Others); By Regions, Segments & Forecast, 2018 - 2026
The global Human Machine Interface Market is anticipated to reach USD 11.88 billion by 2026 according to a new study published by Polaris Market. Major factors for the human machine interface market growth includes the rising adoption of industrial automation equipment in manufacturing industry, growing smart automation demand, growth of industrial internet of things, and rising need for monitoring in the manufacturing facilities. Further, advancements in HMI programming software with the purpose to incorporate ability to manage multi-vendor environment is expected to intensify market growth during the forecast period. Advantages such as remote operation along with extensive adoption of HMIs by the Oil & Gas industry and water treatment plants to operate in harsh environments is expected to further propel the human machine interface market. Further, it has also stimulated manufacturers to develop devices with enhanced wear and tear property.
The rising trend towards protocol conversion for exchanging data between connected devices is further driving the human machine interface market growth. Furthermore, developments in technology for instance, open platform architecture ensuing enhancement of the mitigation process is fueling the market growth. However, factors such as change in business process and high capital requirement are the key challenges impacting to the market growth. Moreover, inadequate skilled professionals and lack of awareness regarding HMIs also acts as restraints to the market.
- 1. Overview and Scope
- 1.1. Research goal & scope
- 1.2. Research assumptions
- 1.3. Research Methodology
- 1.3.1. Primary data sources
- 1.3.2. Secondary data sources
- 1.4. Key take-aways
- 1.5. Stakeholders
- 2. Executive Summary
- 2.1. Market Definition
- 2.2. Market Segmentation
- 3. HMI Market Insights
- 3.1. HMI – Industry snapshot
- 3.2. HMI - Ecosystem analysis
- 3.3. HMI market dynamics
- 3.3.1. HMI – Market Forces
- 3.3.1.1. HMI Market driver analysis
- 3.3.1.2. HMI Market restraint/challenges analysis
- 3.3.1.3. HMI Market opportunity analysis
- 3.4. Industry analysis - Porter's five force
- 3.4.1. Bargaining power of supplier
- 3.4.2. Bargaining power of buyer
- 3.4.3. Threat of substitute
- 3.4.4. Threat of new entrant
- 3.4.5. Degree of competition
- 3.5. HMI market PEST analysis, 2017
- 3.6. Value Chain Analysis
- 3.7. HMI Industry trends
- 3.8. Competitive Ranking Analysis
- 4. HMI Market- Size and Forecast by Product, 2018-2026
- 4.1. Key findings
- 4.2. Display Terminals
- 4.3. Interface Software
- 4.4. Industrial PCs
- 4.5. Others
- 5. HMI Market Size and Forecast by End-user, 2018-2026
- 5.1. Key findings
- 5.2. Automotive
- 5.3. Food & Beverages
- 5.4. Healthcare
- 5.5. Oil & Gas
- 5.6. Aerospace & Defense
- 5.7. Packaging
- 5.8. Others
- 6. HMI Market Size and Forecast by Regions, 2018-2026
- 6.1. Key findings
- 6.2. North America
- 6.2.1. US.
- 6.2.2. Canada
- 6.3. Europe
- 6.3.1. Germany
- 6.3.2. UK
- 6.3.3. France
- 6.3.4. Italy
- 6.4. Asia Pacific
- 6.4.1. China
- 6.4.2. South Korea
- 6.4.3. Japan
- 6.4.4. India
- 6.5. Latin America
- 6.5.1. Brazil
- 6.5.2. Mexico
- 6.6. Middle East & Africa
- 7. Company Profiles
- 7.1. ABB Ltd.
- 7.1.1. Overview
- 7.1.2. Financials
- 7.1.3. Product Benchmarking
- 7.1.4. Recent Developments
- 7.2. Eaton Corporation
- 7.2.1. Overview
- 7.2.2. Financials
- 7.2.3. Product Benchmarking
- 7.2.4. Recent Developments
- 7.3. Siemens AG
- 7.3.1. Overview
- 7.3.2. Financials
- 7.3.3. Product Benchmarking
- 7.3.4. Recent Developments
- 7.4. Emerson Electric Co.
- 7.4.1. Overview
- 7.4.2. Financials
- 7.4.3. Product Benchmarking
- 7.4.4. Recent Developments
- 7.5. Honeywell International Inc.
- 7.5.1. Overview
- 7.5.2. Financials
- 7.5.3. Product Benchmarking
- 7.5.4. Recent Developments
- 7.6. Yokogawa Electric Corporation
- 7.6.1. Overview
- 7.6.2. Financials
- 7.6.3. Product Benchmarking
- 7.6.4. Recent Developments
- 7.7. Schneider Electric SE
- 7.7.1. Overview
- 7.7.2. Financials
- 7.7.3. Product Benchmarking
- 7.7.4. Recent Developments
- 7.8. Rockwell Automation Inc.
- 7.8.1. Overview
- 7.8.2. Financials
- 7.8.3. Product Benchmarking
- 7.8.4. Recent Developments
- 7.9. Mitsubishi Electric Corporation
- 7.9.1. Overview
- 7.9.2. Financials
- 7.9.3. Product Benchmarking
- 7.9.4. Recent Developments
- 7.10. American Industrial Systems Inc.
- 7.10.1. Overview
- 7.10.2. Financials
- 7.10.3. Product Benchmarking
- 7.10.4. Recent Developments
Research Assistance
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook