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 (Stand-Alone HMI and Embedded HMI) - Global Forecast to 2025
[174 Pages Report] The HMI market was valued at USD 4.3 billion in 2020 and is expected to reach USD 5.6 billion by 2025, growing at a CAGR of 5.2% from 2020 to 2025. Factors that drive the growth of the market include the surging adoption of industrial automation in the manufacturing sector, the evolution of industrial internet of things (IIoT), growing demand for smart automation solutions, and rising need for efficiency and monitoring in manufacturing plants.
Embedded HMI segment to hold major share of HMI market by 2025
The embedded HMI solutions segment is expected to dominate the HMI market during the forecast period as it offers multiple benefits. Embedded HMIs are combined with powerful hardware and software platforms to use device capabilities to their fullest extent. Furthermore, a connected embedded platform is a part of an intelligent system; it is connected to a network that enables easy communication between two machines and provides easy access to the operator.
Software segment to register highest CAGR during forecast period
HMI software is used for performing monitoring functions, such as alarms, control functions, and printing management reports. The programming software used here is known as proprietary software, wherein the software is provided by the manufacturer for quick developments. The ability of HMI software to offer flexibility and reliability and to enhance the efficiency of production processes is expected to drive the demand for HMI software during the forecast period.
Pharmaceuticals industry to exhibit high growth in HMI market during forecast period
Among process industries, the pharmaceuticals industry is expected to grow at the highest CAGR among from 2020 to 2025. Since pharmaceutical manufacturing processes are highly complex, proper monitoring of all processes in a manufacturing plant is necessary to achieve operational efficiency. Assets used in manufacturing need to be monitored continuously, which can be effectively done using HMI solutions. Moreover, advancement in the pharmaceuticals industry, such as biopharmaceuticals, encourages drug manufacturers to adopt advanced monitoring and controlling solutions to ensure quality, safety, and regulatory compliance.
Automotive industry to exhibit high growth in HMI market during forecast period
Among discrete industries, the automotive industry is expected to grow at the highest CAGR from 2020 to 2025. As the automotive industry experiences rapid changes in manufacturing technology, upgrade has become an unavoidable aspect of this industry. The automotive industry is likely to contribute significantly to the growth of the HMI market as these solutions are extensively deployed in manufacturing units for almost all machines and other supporting functions.
HMI market in APAC to grow at highest CAGR during forecast period
The human machine interface market in APAC is expected to grow at the highest CAGR from 2020 to 2025. Rapid technological advancements in HMI solutions and extensive R&D activities by the regional industry participants are expected to create opportunities for the HMI market in APAC. With various industries shifting their manufacturing bases in APAC to capitalize on the availability of skilled and relatively cheap labor, APAC has transformed into a major manufacturing hub. The process and discrete manufacturing industries present in the region are progressively adopting automated technologies, which is one of the major factors driving the growth of the HMI market in APAC.
Key Market Players
In 2019, Schneider Electric SE (Europe), Rockwell (US), and Siemens (Germany) dominated the human machine interface market.
Rockwell Automation, Inc.
Rockwell Automation, Inc. is one of the world’s largest companies providing industrial automation, power control, and information solutions. The company operates through 2 major business segments, namely, Architecture & Software and Control Products & Solutions. The Architecture & Software segment deals in hardware, software, and communication components of the company's integrated control and information architecture capable of controlling customers’ industrial processes and connecting with their manufacturing enterprises. The Control Products & Solutions segment deals in motor control products and industrial control products, as well as services, such as asset management, technical support and repair, and predictive and preventative maintenance. Rockwell Automation offers HMI solutions under its Architecture & Software business segment. It helps end users in enhancing productivity, creating innovative products, and gaining a competitive edge. The company is focusing on expanding its HMI solutions offerings for automation assets by providing process automation technologies for key industry verticals, such as food and beverages, oil and gas, pulp and paper, and life sciences. The well-known brands of Rockwell Automation include Allen-Bradley and Rockwell Software.
SIEMENS AG
Siemens AG is the largest engineering company in Europe. The primary business areas of the company are electrical engineering and electronics. It offers products, services, and solutions for the effective use of resources and energy. It operates through the following business segments—Digital Industries, Smart Infrastructure, Gas and Power, Mobility, Siemens Healthineers, and Siemens Gamesa Renewable Energy. The company has presence in Europe, C.I.S., the Americas, Asia, Africa, the Middle East, and Australia.
The company’s automation division is responsible for the designing and production of HMI solutions. Siemens’ HMI technology is designed to meet the requirements of highly complex processes of automation machines and systems. The company helps in addressing specific HMI needs using open and standardized interfaces in hardware and software.
Schneider Electric SE:
Schneider Electric SE is a French conglomerate and a leading supplier and developer of industrial software. The company designs, manufactures, and sells integrated products, systems, services, software, and solutions for energy management and automation. The company mainly operates through 2business segments— Energy Management and Industrial Automation. Schneider Electric offers HMI hardware and software solutions under its Industrial Automation business segment. The company’s primary end-user markets include power, infrastructure, industry, IT, and building. The company has strong presence in discrete, hybrid, and process automation industries.
Report Scope:
|
Report Metric |
Details |
|
Years considered |
2017–2025 |
|
Base year |
2019 |
|
Forecast period |
2020–2025 |
|
Forecast units |
Value (USD) in Million/ Billion |
|
Segments covered |
Offering, configuration, and end-user industry |
|
Regions covered |
Americas, APAC, and EMEA |
|
Companies covered |
Rockwell Automation, Inc. (US), Schneider Electric SE (France), ABB Ltd. (Switzerland), Siemens AG (Germany), Mitsubishi Electric Corporation (Japan), Advantech Co, Ltd (Taiwan), Emerson Electric Co. (US), General Electric (US), Honeywell International, Inc (US), and Yokogawa (Japan). |
In this report, the overall human machine interface market has been segmented based on offering, configuration, technology type, sales channel, and end-user industry.
By offering:
- Hardware
- Software
By configuration:
- Embedded HMI
- Stand-Alone HMI
By End-user Industry:
- Process Industry
- Oil & Gas
- Food & Beverages
- Pharmaceuticals
- Chemicals
- Energy & Power
- Metals & Mining
- Others
- Discrete Industry
- Automotive
- Aerospace & Defense
- Packaging
- Semiconductor & electronics
- Medical Devices
- Others
By Technology type:
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
By Sales Channel:
- Direct Sales Channel
- Indirect Sales Channel
Geographic Analysis
- Americas
- US
- Canada
- Mexico
- South America
- EMEA
- Germany
- UK
- France
- Rest of Europe
- Middle East
- Africa
- Asia Pacific (APAC)
- China
- Japan
- India
- Rest of APAC
Recent Developments
- In February 2020, Rockwell Automation strengthened its control & visualization portfolio with the acquisition of ASEM, an expert in the HMI and IPC market. This acquisition is expected to help expand Rockwell’s control & visualization hardware and software portfolio and improve the company’s ability to deliver high-performance, integrated automation solutions.
- In September 2019, ABB reinvented process control with the launch of new generation HMIs, to make real-time information more accessible to operators. The company launched a new version of Minerals Process Control Library with a new visual control graphic interface, the first to display process information in its situational context.
- In April 2019, Mitsubishi Electric launched an HMI for extreme environments. With protection ratings of IP67F/IP66F and an extended operating temperature range of -20°C to +65°C, the GOT2507T-WTSD 7” operator terminal from Mitsubishi Electric meets the needs of harsh and demanding applications.
Critical Questions:
- Will suppliers continue to explore new avenues for human machine interface technologies?
- Who are the top 5 players in the human machine interface market?
- What would be the growth opportunities for manufacturers in various industries?
- What are the key industry trends in the market?
- How can HMI providers tap high-growth opportunities in the HMI market?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
TABLE OF CONTENTS
1 INTRODUCTION (Page No. - 18)
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION & SCOPE
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED
1.3.2 YEARS CONSIDERED
1.4 CURRENCY
1.5 LIMITATIONS
1.6 STAKEHOLDERS
2 RESEARCH METHODOLOGY (Page No. - 23)
2.1 RESEARCH DATA
2.1.1 SECONDARY & PRIMARY RESEARCH
2.1.2 SECONDARY DATA
2.1.2.1 Secondary sources
2.1.3 PRIMARY DATA
2.1.3.1 Key data from primary sources
2.1.3.2 Key industry insights
2.1.3.3 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION
2.2.1 BOTTOM-UP APPROACH
2.2.1.1 Approach for arriving at market share by bottom-up analysis (demand side)
2.2.2 TOP-DOWN APPROACH
2.2.2.1 Approach for capturing market share by top-down analysis (supply side)
2.3 MARKET BREAKDOWN AND DATA TRIANGULATION
2.4 RESEARCH ASSUMPTIONS
3 EXECUTIVE SUMMARY (Page No. - 33)
4 PREMIUM INSIGHTS (Page No. - 37)
4.1 ATTRACTIVE GROWTH OPPORTUNITIES IN HMI MARKET
4.2 HMI MARKET, BY OFFERING
4.3 HMI MARKET, BY PROCESS INDUSTRY
4.4 HMI MARKET, BY DISCRETE INDUSTRY
4.5 HMI MARKET, BY GEOGRAPHY
5 MARKET OVERVIEW (Page No. - 40)
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Growing demand for smart automation solutions, coupled with evolution of IIoT
5.2.1.2 Surging adoption of industrial automation in manufacturing processes
5.2.1.3 Rising need for improving operational efficiency and reduce downtime in manufacturing plants
5.2.1.4 Growing adoption of Industry 4.0
5.2.2 RESTRAINTS
5.2.2.1 High installation costs
5.2.2.2 Complex graphics of HMI software
5.2.3 OPPORTUNITIES
5.2.3.1 Rising investments in renewable power projects
5.2.3.2 Increasing investments in greenfield projects
5.2.4 CHALLENGES
5.2.4.1 Increasing security risks associated with cloud–HMI platform
6 INDUSTRY TRENDS (Page No. - 45)
6.1 INTRODUCTION
6.2 FUTURE FUNCTIONALITIES OF HMI
6.2.1 SPATIAL COMPUTING
6.2.2 TRANSPARENT DISPLAYS
6.2.3 BIOACOUSTIC SENSING
6.2.4 MACHINE LEARNING
6.2.5 GESTURE CONTROL DEVICES
6.2.6 FLEXIBLE DISPLAYS
6.2.7 AUGMENTED REALITY
6.2.8 SENSOR FUSION
6.2.9 VIRTUAL REALITY
6.3 DIGITIZATION AND INDUSTRIAL INTERNET OF THINGS (IIOT) TO UNFOLD NEW GROWTH AVENUES
6.4 TRENDS IN INDUSTRIAL AUTOMATION
6.5 VALUE CHAIN ANALYSIS
7 IMPACT OF COVID-19 ON HMI MARKET (Page No. - 49)
7.1 INTRODUCTION
7.2 IMPACT OF COVID-19 ON GLOBAL SUPPLY CHAIN
7.3 EFFECT OF COVID-19 ON MANUFACTURING SECTOR
8 SALES CHANNELS OF HMI SOLUTIONS (Page No. - 50)
8.1 INTRODUCTION
8.2 DIRECT SALES CHANNELS
8.3 INDIRECT SALES CHANNELS
8.3.1 HMI PRODUCTS TO WITNESS INCREASED SALE THROUGH ONLINE SALES CHANNELS
9 MARKET ANALYSIS, BY OFFERING (Page No. - 53)
9.1 INTRODUCTION
9.2 HARDWARE
9.2.1 BASIC HMI
9.2.1.1 High demand for simple and price-sensitive applications
9.2.2 ADVANCED PANEL-BASED HMI
9.2.2.1 Ability to implement high-performance visualization
9.2.3 ADVANCED PC-BASED HMI
9.2.3.1 Advanced PC-based HMI offers IoT and cloud connectivity for big data analytics
9.2.4 OTHERS
9.3 SOFTWARE
9.3.1 ON-PREMISE HMI
9.3.1.1 Data security and customization encourages adoption of on-premise HMI solutions
9.3.2 CLOUD-BASED HMI
9.3.2.1 Low installation cost encourages adoption of cloud-based HMI by small enterprises
9.4 SERVICES
10 HMI MARKET, BY CONFIGURATION (Page No. - 62)
10.1 INTRODUCTION
10.2 EMBEDDED HMI
10.2.1 EMBEDDED HMI OFFERS ENORMOUS BENEFITS TO END USERS, THUS BOOSTING ITS DEMAND
10.3 STAND-ALONE HMI
10.3.1 REQUIREMENT FOR SMALLER HMI SOLUTIONS DRIVES DEMAND FOR STAND-ALONE HMI SOLUTIONS
11 HMI MARKET, BY TECHNOLOGY TYPE (Page No. - 70)
11.1 INTRODUCTION
11.2 MOTION HMI
11.3 BIONIC HMI
11.4 TACTILE HMI
11.5 ACOUSTIC HMI
12 HMI MARKET, BY END-USER INDUSTRY (Page No. - 71)
12.1 INTRODUCTION
12.2 PROCESS INDUSTRIES
12.2.1 OIL & GAS
12.2.1.1 Increasing demand for remote monitoring solutions in oil & gas industry creating opportunities for adoption of HMI solutions
12.2.2 FOOD & BEVERAGES
12.2.2.1 Stringent quality requirements in food & beverages industry encourage adoption of HMI solutions
12.2.3 PHARMACEUTICALS
12.2.3.1 Surging adoption of HMI solutions due to complex manufacturing processes in pharmaceutical plants
12.2.4 CHEMICALS
12.2.4.1 Focus of chemical manufacturers on increasing operational efficiency to increase demand for HMI solutions
12.2.5 ENERGY & POWER
12.2.5.1 Surging demand for advanced monitoring solutions in energy & power industry
12.2.6 METALS & MINING
12.2.6.1 High risks associated with mining operations necessitate adoption of HMI solutions
12.2.7 WATER & WASTEWATER
12.2.7.1 Technological advancements in water treatment operations encourage need for adopting HMI solutions
12.2.8 OTHERS
12.3 DISCRETE INDUSTRY
12.3.1 AUTOMOTIVE
12.3.1.1 Technological innovations in automotive industry
12.3.2 AEROSPACE & DEFENSE
12.3.2.1 Adoption of HMI solutions to ensure reliability of equipment
12.3.3 PACKAGING
12.3.3.1 Increasing emphasis on packaging of products in food & beverages, pharmaceuticals, and consumer goods industries
12.3.4 MEDICAL DEVICES
12.3.4.1 Unrelenting need to monitor medical device manufacturing processes
12.3.5 SEMICONDUCTOR & ELECTRONICS
12.3.5.1 High competition in semiconductor & electronics industry
12.3.6 OTHER DISCRETE INDUSTRIES
12.4 OTHER END-USER INDUSTRIES
13 GEOGRAPHICAL ANALYSIS (Page No. - 104)
13.1 INTRODUCTION
13.2 AMERICAS
13.2.1 NORTH AMERICA
13.2.1.1 US
13.2.1.1.1 Increasing focus of key players on developing innovative HMI products to accelerate market growth
13.2.1.2 Canada
13.2.1.2.1 Growing processed food industry to fuel growth of HMI market in Canada
13.2.1.3 Mexico
13.2.1.3.1 Expansions by key players to drive growth of HMI market in Mexico
13.2.2 SOUTH AMERICA
13.3 EMEA
13.3.1 EUROPE
13.3.1.1 UK
13.3.1.1.1 Rising automation in food & beverages industry driving growth of HMI market in UK
13.3.1.2 Germany
13.3.1.2.1 Increasing adoption of advanced technologies in automotive industry to drive growth of HMI market in Germany
13.3.1.3 France
13.3.1.3.1 Government initiatives and support to incorporate new technologies in industrial processes to fuel growth of HMI market in France
13.3.1.4 Rest of Europe
13.3.2 MIDDLE EAST
13.3.2.1 High adoption of HMI solutions in oil & gas industry driving market growth in Middle East
13.3.3 AFRICA
13.3.3.1 Digitalization of mining operations to propel growth of HMI market in Africa
13.4 APAC
13.4.1 CHINA
13.4.1.1 Rising labor costs in China to encourage adoption of advanced automation technologies
13.4.2 JAPAN
13.4.2.1 Increasing production of automobiles to boost growth of HMI market in Japan
13.4.3 INDIA
13.4.3.1 Growth of manufacturing industry to create growth opportunities for HMI market
13.4.4 REST OF APAC
14 COMPETITIVE LANDSCAPE (Page No. - 125)
14.1 OVERVIEW
14.2 MARKET RANKING ANALYSIS: HMI MARKET
14.3 COMPETITIVE LEADERSHIP MAPPING, 2019
14.3.1 VISIONARY LEADERS
14.3.2 INNOVATORS
14.3.3 DYNAMIC DIFFERENTIATORS
14.3.4 EMERGING COMPANIES
14.4 STRENGTH OF PRODUCT PORTFOLIO (FOR 20 COMPANIES)
14.5 BUSINESS STRATEGY EXCELLENCE (FOR 20 COMPANIES)
14.6 COMPETITIVE SITUATIONS AND TRENDS
14.6.1 AGREEMENTPARTNERSHIP, ACQUISITION
14.6.2 PRODUCT LAUNCHES AND DEVELOPMENTS
15 COMPANY PROFILES (Page No. - 133)
(Business overview, Products/Solutions/Services offered, Recent developments, SWOT analysis, MNM view)*
15.1 KEY PLAYERS
15.1.1 ABB LTD.
15.1.2 ADVANTECH CO., LTD.
15.1.3 EMERSON ELECTRIC CO.
15.1.4 GENERAL ELECTRIC CO.
15.1.5 HONEYWELL INTERNATIONAL, INC.
15.1.6 MITSUBISHI ELECTRIC CORPORATION
15.1.7 ROCKWELL AUTOMATION, INC.
15.1.8 SCHNEIDER ELECTRIC SE
15.1.9 SIEMENS
15.1.10 YOKOGAWA ELECTRIC CORPORATION
*Business overview, Products/Solutions/Services offered, Recent developments, SWOT analysis, MNM view might not be captured in case of unlisted companies.
15.2 RIGHT TO WIN
15.3 OTHER KEY PLAYERS
15.3.1 BECKHOFF AUTOMATION
15.3.2 BEIJER ELECTRONICS GROUP
15.3.3 EATON
15.3.4 EXOR INTERNATIONAL
15.3.5 KONTRON AG
15.3.6 OMRON CORPORATION
15.3.7 RED LION
15.3.8 ROBERT BOSCH GMBH
15.3.9 TEXAS INSTRUMENTS INC.
15.3.10 WEINTEK LABS., INC.
16 APPENDIX (Page No. - 167)
16.1 INSIGHTS OF INDUSTRY EXPERTS
16.2 DISCUSSION GUIDE
16.3 KNOWLEDGE STORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
16.4 AVAILABLE CUSTOMIZATIONS
16.5 RELATED REPORTS
16.6 AUTHOR DETAILS
LIST OF TABLES (104 TABLES)
TABLE 1 HMI MARKET, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 2 HMI MARKET, BY HARDWARE, 2017–2025 (USD MILLION)
TABLE 3 HMI MARKET FOR HARDWARE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 4 HMI MARKET FOR HARDWARE, BY REGION, 2017–2025 (USD MILLION)
TABLE 5 HMI MARKET, BY HARDWARE, 2017–2025 (MILLION UNITS)
TABLE 6 HMI MARKET, BY SOFTWARE, 2017–2025 (USD MILLION)
TABLE 7 HMI MARKET FOR SOFTWARE, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 8 HMI MARKET FOR SOFTWARE, BY REGION, 2017–2025 (USD MILLION)
TABLE 9 HMI MARKET, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 10 EMBEDDED HMI MARKET, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 11 EMBEDDED HMI MARKET, BY PROCESS INDUSTRY, 2017–2025 (USD MILLION)
TABLE 12 EMBEDDED HMI MARKET, BY DISCRETE INDUSTRY, 2017–2025 (USD MILLION)
TABLE 13 EMBEDDED HMI MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 14 EMBEDDED HMI MARKET IN AMERICAS, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 15 EMBEDDED HMI MARKET IN EMEA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 16 EMBEDDED HMI MARKET IN APAC, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 17 STAND-ALONE HMI MARKET, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 18 STAND-ALONE HMI MARKET, BY PROCESS INDUSTRY, 2017–2025 (USD MILLION)
TABLE 19 STAND-ALONE HMI MARKET, BY DISCRETE INDUSTRY, 2017–2025 (USD MILLION)
TABLE 20 STAND-ALONE HMI MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 21 STAND-ALONE HMI MARKET IN AMERICAS, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 22 STAND-ALONE HMI MARKET IN EMEA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 23 STAND-ALONE HMI MARKET IN APAC, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 24 HMI MARKET, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 25 HMI MARKET, BY PROCESS INDUSTRIES, 2017–2025 (USD MILLION)
TABLE 26 HMI MARKET FOR PROCESS INDUSTRIES, BY REGION, 2017–2025 (USD MILLION)
TABLE 27 HMI MARKET FOR PROCESS INDUSTRIES, BY OFFERING, 2017-2025 (USD MILLION)
TABLE 28 HMI MARKET FOR PROCESS INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 29 HMI MARKET FOR OIL & GAS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 30 HMI MARKET FOR OIL & GAS INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 31 HMI MARKET FOR OIL & GAS INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 32 HMI MARKET FOR FOOD & BEVERAGES INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 33 HMI MARKET FOR FOOD & BEVERAGES INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 34 HMI MARKET FOR FOOD & BEVERAGES INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 35 HMI MARKET FOR PHARMACEUTICALS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 36 HMI MARKET FOR PHARMACEUTICALS INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 37 HMI MARKET FOR PHARMACEUTICALS INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 38 HMI MARKET FOR CHEMICALS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 39 HMI MARKET FOR CHEMICALS INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 40 HMI MARKET FOR CHEMICALS INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 41 HMI MARKET FOR ENERGY & POWER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 42 HMI MARKET FOR ENERGY & POWER INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 43 HMI MARKET FOR ENERGY & POWER INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 44 HMI MARKET FOR METALS & MINING INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 45 HMI MARKET FOR METALS & MINING INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 46 HMI MARKET FOR METALS & MINING INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 47 HMI MARKET FOR WATER & WASTEWATER INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 48 HMI MARKET FOR WATER & WASTEWATER INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 49 HMI MARKET FOR WATER & WASTEWATER INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 50 HMI MARKET FOR OTHER PROCESS INDUSTRIES, BY REGION, 2017–2025 (USD MILLION)
TABLE 51 HMI MARKET FOR OTHER PROCESS INDUSTRIES, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 52 HMI MARKET FOR OTHER PROCESS INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 53 HMI MARKET, BY DISCRETE INDUSTRY, 2017–2025 (USD MILLION)
TABLE 54 HMI MARKET FOR DISCRETE INDUSTRIES, BY REGION, 2017–2025 (USD MILLION)
TABLE 55 HMI MARKET FOR DISCRETE INDUSTRIES, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 56 HMI MARKET FOR DISCRETE INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 57 HMI MARKET FOR AUTOMOTIVE INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 58 HMI MARKET FOR AUTOMOTIVE INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 59 HMI MARKET FOR AUTOMOTIVE INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 60 HMI MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 61 HMI MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 62 HMI MARKET FOR AEROSPACE & DEFENSE INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 63 HMI MARKET FOR PACKAGING INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 64 HMI MARKET FOR PACKAGING INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 65 HMI MARKET FOR PACKAGING INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 66 HMI MARKET FOR MEDICAL DEVICES INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 67 HMI MARKET FOR MEDICAL DEVICES INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 68 HMI MARKET FOR MEDICAL DEVICES INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 69 HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY REGION, 2017–2025 (USD MILLION)
TABLE 70 HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 71 HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 72 HMI MARKET FOR OTHER DISCRETE INDUSTRIES, BY REGION, 2017–2025 (USD MILLION)
TABLE 73 HMI MARKET FOR OTHER DISCRETE INDUSTRIES, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 74 HMI MARKET FOR OTHER DISCRETE INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 75 HMI MARKET, BY OTHER END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 76 HMI MARKET, BY REGION, 2017–2025 (USD MILLION)
TABLE 77 HMI MARKET IN AMERICAS, BY REGION, 2017–2025 (USD MILLION)
TABLE 78 HMI MARKET IN NORTH AMERICA, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 79 HMI MARKET IN AMERICAS, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 80 HMI MARKET IN AMERICAS FOR PROCESS INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 81 HMI MARKET IN AMERICAS FOR DISCRETE INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 82 HMI MARKET IN AMERICAS, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 83 HMI MARKET IN AMERICAS, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 84 HMI MARKET IN AMERICAS, BY PROCESS INDUSTRY, 2017–2025 (USD MILLION)
TABLE 85 HMI MARKET IN AMERICAS, BY DISCRETE INDUSTRY, 2017–2025 (USD MILLION)
TABLE 86 HMI MARKET IN EMEA, BY REGION, 2017–2025 (USD MILLION)
TABLE 87 HMI MARKET IN EUROPE, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 88 HMI MARKET IN EMEA, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 89 HMI MARKET IN EMEA, BY PROCESS INDUSTRY, 2017–2025 (USD MILLION)
TABLE 90 HMI MARKET IN EMEA, BY DISCRETE INDUSTRY, 2017–2025 (USD MILLION)
TABLE 91 HMI MARKET IN EMEA FOR PROCESS INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 92 HMI MARKET IN EMEA FOR DISCRETE INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 93 HMI MARKET IN EMEA, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 94 HMI MARKET IN EMEA, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 95 HMI MARKET IN APAC, BY COUNTRY, 2017–2025 (USD MILLION)
TABLE 96 HMI MARKET IN APAC, BY END-USER INDUSTRY, 2017–2025 (USD MILLION)
TABLE 97 HMI MARKET FOR APAC, BY PROCESS INDUSTRY, 2017–2025 (USD MILLION)
TABLE 98 HMI MARKET IN APAC, BY DISCRETE INDUSTRY, 2017–2025 (USD MILLION)
TABLE 99 HMI MARKET IN APAC, BY OFFERING, 2017–2025 (USD MILLION)
TABLE 100 HMI MARKET IN APAC, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 101 HMI MARKET IN APAC FOR PROCESS INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 102 HMI MARKET IN APAC FOR DISCRETE INDUSTRIES, BY CONFIGURATION, 2017–2025 (USD MILLION)
TABLE 103 AGREEMENT, PARTNERSHIPS, ACQUISITION, 2018–2020
TABLE 104 PRODUCT LAUNCHES AND DEVELOPMENTS, 2018–2019
LIST OF FIGURES (59 FIGURES)
FIGURE 1 HMI MARKET: MARKETS COVERED
FIGURE 2 HMI MARKET: RESEARCH DESIGN
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 1 (SUPPLY SIDE): REVENUE GENERATED THROUGH SOLUTIONS/SERVICES IN HMI MARKET
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: APPROACH 2 (SUPPLY SIDE): BOTTOM-UP ILLUSTRATION OF COMPANIES’ HMI REVENUE ESTIMATION
FIGURE 5 HMI MARKET: BOTTOM-UP APPROACH
FIGURE 6 HMI MARKET: TOP-DOWN APPROACH
FIGURE 7 DATA TRIANGULATION
FIGURE 8 HMI SOFTWARE MARKET ANTICIPATED TO WITNESS HIGHER CAGR DURING FORECAST PERIOD
FIGURE 9 HMI MARKET FOR EMBEDDED HMI TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 10 AUTOMOTIVE INDUSTRY IS DOMINATING HMI MARKET IN 2020
FIGURE 11 HMI MARKET FOR OIL & GAS EXPECTED TO HOLD LARGEST SIZE IN 2025
FIGURE 12 AMERICAS TO HOLD LARGEST MARKET SHARE IN 2020
FIGURE 13 INCREASING USE OF INDUSTRIAL AUTOMATION IN MANUFACTURING TO BOOST ADOPTION OF HMI SOLUTIONS
FIGURE 14 HMI MARKET FOR SOFTWARE TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
FIGURE 15 OIL & GAS INDUSTRY TO HOLD LARGEST SIZE OF HMI MARKET IN 2020
FIGURE 16 AUTOMOTIVE INDUSTRY TO DOMINATE HMI MARKET IN 2020
FIGURE 17 AMERICAS TO HOLD LARGEST SIZE OF HMI MARKET IN 2020
FIGURE 18 VALUE CHAIN ANALYSIS: MAXIMUM VALUE ADDED DURING HMI MANUFACTURING AND SYSTEM INTEGRATION STAGES
FIGURE 19 SALES CHANNELS OF HMI SOLUTIONS
FIGURE 20 HMI MARKET, BY OFFERING
FIGURE 21 HMI MARKET, BY HARDWARE
FIGURE 22 ADVANCED PC-BASED HMI SEGMENT EXPECTED TO HOLD LARGEST MARKET SIZE IN 2025
FIGURE 23 HMI MARKET, BY SOFTWARE
FIGURE 24 MARKET FOR CLOUD-BASED HMI SEGMENT EXPECTED TO GROW AT HIGHER CAGR DURING 2020–2025
FIGURE 25 HMI MARKET, BY CONFIGURATION
FIGURE 26 EMBEDDED HMI SEGMENT EXPECTED TO HOLD LARGER MARKET SHARE IN 2025
FIGURE 27 HMI MARKET, BY END-USER INDUSTRY
FIGURE 28 HMI MARKET, BY PROCESS INDUSTRIES
FIGURE 29 AMERICAS EXPECTED TO CONTINUE TO HOLD LARGEST SIZE OF HMI MARKET FOR PROCESS INDUSTRIES DURING FORECAST PERIOD
FIGURE 30 HMI MARKET FOR FOOD & BEVERAGES INDUSTRY IN APAC IS ANTICIPATED TO WITNESS HIGHEST CAGR FROM 2020 TO 2025
FIGURE 31 HMI MARKET IN APAC FOR PHARMACEUTICALS INDUSTRY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 32 APAC EXPECTED TO HOLD LARGEST SIZE OF HMI MARKET FOR CHEMICALS INDUSTRY IN 2025
FIGURE 33 APAC TO CONTINUE TO HOLD LARGEST SIZE OF HMI MARKET FOR ENERGY & POWER INDUSTRY DURING FORECAST PERIOD
FIGURE 34 HMI MARKET, BY DISCRETE INDUSTRIES
FIGURE 35 APAC TO WITNESS HIGHEST CAGR IN HMI MARKET FOR DISCRETE INDUSTRIES FROM 2020 TO 2025
FIGURE 36 APAC TO DOMINATE HMI MARKET FOR AUTOMOTIVE INDUSTRY DURING FORECAST PERIOD
FIGURE 37 HMI MARKET IN APAC FOR AEROSPACE & DEFENSE INDUSTRY EXPECTED TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
FIGURE 38 APAC TO COMMAND HMI MARKET FOR MEDICAL DEVICES INDUSTRY FROM 2020 TO 2025
FIGURE 39 APAC EXPECTED TO HOLD LARGEST SIZE OF HMI MARKET FOR SEMICONDUCTOR & ELECTRONICS INDUSTRY DURING FORECAST PERIOD
FIGURE 40 GEOGRAPHIC SNAPSHOT: HUMAN MACHINE INTERFACE (HMI) MARKET
FIGURE 41 APAC TO REGISTER HIGHEST CAGR IN HMI MARKET DURING FORECAST PERIOD
FIGURE 42 AMERICAS: HUMAN MACHINE INTERFACE MARKET SNAPSHOT
FIGURE 43 EUROPE: HMI MARKET SNAPSHOT
FIGURE 44 APAC: HMI MARKET SNAPSHOT
FIGURE 45 KEY DEVELOPMENTS IN HMI (2018 TO 2020)
FIGURE 46 RANKING OF KEY PLAYERS IN SMART MANUFACTURING MARKET, 2019
FIGURE 47 HMI MARKET (GLOBAL) COMPETITIVE LEADERSHIP MAPPING, 2019
FIGURE 48 PRODUCT PORTFOLIO ANALYSIS OF TOP PLAYERS IN HMI MARKET
FIGURE 49 BUSINESS STRATEGY EXCELLENCE OF TOP PLAYERS IN HMI MARKET
FIGURE 50 ABB LTD.: COMPANY SNAPSHOT
FIGURE 51 ADVANTECH CO., LTD.: COMPANY SNAPSHOT
FIGURE 52 EMERSON ELECTRIC CO.: COMPANY SNAPSHOT
FIGURE 53 GENERAL ELECTRIC CO.: COMPANY SNAPSHOT
FIGURE 54 HONEYWELL INTERNATIONAL, INC.: COMPANY SNAPSHOT
FIGURE 55 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT
FIGURE 56 ROCKWELL AUTOMATION, INC.: COMPANY SNAPSHOT
FIGURE 57 SCHNEIDER ELECTRIC SE: COMPANY SNAPSHOT
FIGURE 58 SIEMENS: COMPANY SNAPSHOT
FIGURE 59 YOKOGAWA ELECTRIC CORPORATION: COMPANY SNAPSHOT
The study involved 4 major activities for estimating the size of the human machine interface market. Exhaustive secondary research has been conducted to collect information on the market. The next step involved validating these findings, assumptions, and sizing with industry experts across the value chain through primary research. Both the top-down and bottom-up approaches have been employed to estimate the overall market size. Thereafter, market breakdown and data triangulation techniques have been used to estimate the market size of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources have been referred to for identifying and collecting information important for this study. Secondary sources such as government sources, corporate filings (annual reports, investor presentations, and financial statements), and trade, business, and professional associations have been used to identify and collect information for an extensive technical and commercial study of the human machine interface market.
Primary Research
In the primary research process, primary sources from both the supply and demand sides have been interviewed to obtain qualitative and quantitative information important for this report. Primary sources, such as experts from related industries and suppliers, have been interviewed to obtain and verify critical information, as well as assess prospects. Key players in the human machine interface market have been identified through secondary research, and their respective market rankings have been determined through primary and secondary research. This research included studying annual reports of top market players and interviewing key opinion leaders, such as CEOs, directors, and marketing personnel.
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Market Size Estimation
In the complete market engineering process, both the top-down and bottom-up approaches have been implemented, along with several data triangulation methods, to estimate and validate the size of the human machine interface market and other dependent submarkets listed on this report.
- Key players in the market have been identified through extensive secondary research.
- The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research.
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation
After arriving at the overall market size, the overall market has been split into several segments. To complete the overall market engineering process and arrive at exact statistics for all segments, market breakdown and data triangulation procedures have been employed, wherever applicable. The data has been triangulated by studying various factors and trends from both the demand and supply sides. The market has also been validated using both top-down and bottom-up approaches.
Study Objectives:
- To describe and forecast the human machine interface market, in terms of offering, configuration, and end-user industry
- To describe and forecast the market, in terms of value, by region—Americas, EMEA, and Asia Pacific (APAC)
- To provide detailed information regarding factors (drivers, restraints, opportunities, and challenges) influencing the market growth
- To provide a detailed overview of the value chain of the human machine interface ecosystem
- To analyze the opportunities for stakeholders in the human machine interface market by identifying its high-growth segments
- To strategically analyze micromarkets with respect to individual growth trends, prospects, and contributions to the overall market
- To strategically profile key players and comprehensively analyze their market shares and core competencies, along with detailing the competitive leadership and analyzing growth strategies, such as product launches and developments, expansions, acquisitions, agreements, mergers, joint ventures, and partnerships, of leading players
Available Customizations:
With the given market data, MarketsandMarkets offers customizations according to a company’s specific needs. The following customization options are available for the report.
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- Detailed analysis and profiling of additional market players (up to 5)
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Growth opportunities and latent adjacency in Human Machine Interface Market