- Human machine interface (HMI) refers to keypads, touchscreens, and other hardware devices. These devices further interaction between humans and electromechanical systems. Today, the term has changed to graphic user interface (GUI), renowned for making interaction simpler. The human machine interface market has incorporated home screens, sensors, eye tracking, gestures, and location-awareness to entice customers.
For Market Research Report on “Human Machine Interface Market” Visit -http://www.grandviewresearch.com/industry-analysis/human-machine-interface-market
The market was valued USD 2.9 billion in 2014. It is projected to reach about USD 6.3 billion by 2022. Demand for high resolution screens will provide market opportunities. Integration of analytics software, coupled with broadband access, would also spur demand for the human machine interface market. However, the high prices of HMI devices could impede the market. The global market is sliced into products, end-users, and regions.
Display terminals, industrial PCs, and interface software are the products. Display terminals with interface software are used in industrial automation systems. LED (light-emitting diode) and LCD (liquid-crystal display) terminals would soon replace cathode-ray video terminals. Interface software is estimated to exhibit over 10% CAGR in the next seven years. The need for storage space and high processing power in computers will raise the sales of industrial PCs in the future.
Automotives, oil & gas, healthcare, food & beverages, aerospace & defense, and packaging are the end-users. Oil & gas was the leading end-user in 2014, accounting for more than 20% of the overall revenues. HMI resolves problems in gas pipelines without constantly monitoring them. The use of HMIs in the sectors of water treatment and oil & gas for harsh environments will be a vital catalyst, positively impacting the human machine interface market.
North America accounted for over 30% of the global demand in 2014. This could be credited to regional automation projects. Asia Pacific would experience rapid growth in the seven years ahead. Abundant raw materials and low labor costs in the region will contribute the same. Europe is expected to witness stable growth in the forecast phase (2015 to 2022).
Systems that can handle a large database are a top-priority for the worldwide market. The prominent human machine interface market participants include Eaton Corporation, Rockwell Automation Inc., Siemens AG, ABB Ltd., and Omron Corporation.
Information Source: Grand View Research
To request a sample copy of this report, please complete the form below.
To purchase a copy of this report, please contact at
28 2nd Street, Suite 3036
San Francisco, CA 94105
Toll Free: 1-888-202-9519