HOME Research Insight ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), and Siemens AG (Germany) are Some of the Leading Players in the Human Machine Interface Market



ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), and Siemens AG (Germany) are Some of the Leading Players in the Human Machine Interface Market


Human machine interface (HMI) solutions have been implemented in various process and discrete industries such as automotive, food and beverages, chemical, and pharmaceutical to manage production process of the plants. HMI solution helps companies to increase productivity and efficiency and minimize downtime, which in turn reduces labor cost and increases safety of the employees, assets, and plant. The HMI market is expected to be valued at USD 5.86 Billion by 2022, growing at a CAGR of 9.0% between 2016 and 2022. The growth of this market is propelled by increasing adoption of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and rising demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant.

ABB Ltd. (Switzerland), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), and Siemens AG (Germany) are some of the leading players in the HMI market. New product launches and developments, expansions, contracts, agreements, acquisitions, and collaborations are the key strategies adopted by the major players to gain a competitive edge in the market.

Rockwell Automation, Inc. is actively involved in improving its product portfolio by introducing new products to ensure its growth in the HMI market. For instance, in September 2015, the company launched latest version of its HMI software—FactoryTalk View Site Edition 8.1 with advanced features such as new distributed application manager tool, better design-time support for multiple monitors, added support for testing displays with tag placeholders, and new security functions. Furthermore, in November 2016, the company launched a new app, FactoryTalk TeamONE; it works on iOS and Android smartphones. The app enhances team productivity by helping users to collaborate and share knowledge, interact with machine alarm, provide live view of production diagnostics, and troubleshoot devices.

Schneider Electric SE has adopted strategies such as new product launches and developments, acquisitions, and expansions to ensure growth in the HMI market. For instance, in January 2014, Schneider Electric SE acquired Invensys plc. (U.K.), and this acquisition helped the company gain a strong position in discrete and process automation market, thus encouraging the HMI product offering for process as well as discrete industries. In August 2014, the company introduced its latest generation of HMI controller—Magelis SCU—in the African market for simple processes and small machines.


The other companies involved in the development of the HMI market include Advantech Co., Ltd. (Taiwan), Emerson Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International Inc. (U.S.), Kontron AG (Germany), and Yokogawa Electric Corporation (Japan).

Related Reports:

Human Machine Interface Market (HMI) by Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI)), Configuration Type (Stand-Alone HMI and Embedded HMI) - Global Forecast to 2022

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