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HOME Top Market 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

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

By: marketsandmarkets.com
Publishing Date: January 2017
Report Code: SE 1678

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The global human machine interface market was valued at USD 3.23 billion in 2015 and is expected to reach USD 5.86 billion by 2022, at a CAGR of 9.0% during the forecast period. The base year used for this study is 2015, and the forecast period considered is from 2016 to 2022.

Human Machine Interface Market

Market Dynamics

Drivers

  • Evolution of industrial internet of things (IIoT) and growing demand of smart automation solution
  • Increasing rate of adoption of industrial automation equipment in the manufacturing sector
  • Growing need of efficiency and monitoring in the manufacturing plant

Restraints

  • High installation cost
  • Complex designing structure of HMI

Opportunities

  • Increasing investment in the renewable power projects
  • Integration of micro programmable logic controllers (PLCs) with HMI

Challenges

  • Increasing security risks associated with cloud–HMI platform

Evolution of industrial internet of things (IIoT) and growing demand of smart automation solution to drive global Human Machine Interface demand by 2022

The industrial internet of things (IIoT) is the application of the Internet of Things (IoT) in manufacturing industry. The IIoT is revolutionizing the manufacturing plants by connecting a wide network of intelligent devices that would increase automation in the plants. IIoT helps in acquiring and generating greater amount of data which requires a platform such as human machine interface market for better visualization of the data. With the help of IIoT, plant floors are increasingly becoming more interconnected and integrated that led transformation of industrial automation into smart automation which enables manufacturers to gain better return on investment (RoI). IIoT further enables user to access data of the most inaccessible areas of the plant anytime with the help of mobile HMIs; this further encourages adoption of advanced HMIs in the plant. In the past decade, with the emergence of smart and connected manufacturing technology, the manufacturing industry has witnessed substantial development in the integration of more advanced HMIs on the plant floor as operator expects HMIs to offer same user experience as of smart phones. Thus, IIoT is transforming the manufacturing operations completely and HMI is the primary tool to enable smart automation to obtain its maximum potential. Thus, market players are developing advanced HMI solutions to obtain the full potential of IIoT and smart automation technology for end-user industries resulting into the growth of the market. For instance, In November 2015, Kontron AG launched its latest powerful HMI solution, namely, Kontron Fusion Client that enables IIoT solutions for smart automation.

The objectives of the study are as follows

  • To define, describe, and forecast the human machine interface (HMI) market on the basis of offering, end-user industry, configuration, and geography
  • To forecast the market size, in terms of value, for various segments with respect to four main regions, namely, the Americas, Europe, Asia-Pacific (APAC), and Rest of the World (RoW)
  • To forecast the market size, in terms of volume, for the hardware offering
  • To describe various sales-channels through which the sales operations of HMI solutions are conducted
  • To provide detailed information regarding the major factors influencing the growth of the human machine interface market (drivers, restraints, opportunities, industry-specific challenges)
  • To strategically analyze the micromarkets1 with respect to the individual growth trends, future prospects, and contribution to the total market
  • To analyze opportunities in the market for various stakeholders by identifying the high-growth segments of the HMI market
  • To strategically profile the key players and comprehensively analyze their market shares and core competencies2 and to provide a detailed competitive landscape for the market leaders
  • To analyze various development strategies such as joint ventures, mergers and acquisitions, new product launches and developments, expansions, and research and development implemented by the key market players in the HMI market

The research methodology used to estimate and forecast the human machine interface market begins with capturing data on key vendor revenue through secondary research such as IEEE journals, Automation World Magazine, Manufacturing Automation Magazine, and leading players’ newsletters. The vendor offerings are also taken into consideration to determine the market segmentation. The bottom-up procedure has been employed to arrive at the overall size of the global HMI market from the revenue of key players. After arriving at the overall market size, the total market has been split into several segments and subsegments which have been verified through primary research by conducting extensive interviews with industry experts such as CEOs, VPs, directors, and executives. The market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments The breakdown of the profiles of primaries is depicted in the below figure:

Human Machine Interface Market

To know about the assumptions considered for the study, download the pdf brochure

The human machine interface market ecosystem comprises interface manufacturers, system integrators, and distributors. The players involved in the development of HMI systems include ABB Ltd. (Switzerland), Advantech Co., Ltd. (Taiwan), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International Inc. (U.S.), Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

Target Audience:

  • Associations and industrial bodies
  • Component suppliers and distributors
  • End users of HMI system across various industries
  • Government bodies such as regulatory authorities and policymakers
  • HMI hardware manufacturers
  • HMI software and services providers
  • Industrial automation equipment providers
  • Market research and consulting firms
  • Original equipment manufacturers (OEMs)
  • Research institutes and organizations

“The study answers several questions for the target audience, primarily which market segments to focus on, in the next 2 to 5 years for prioritizing their efforts and investments.”

Report Scope:

In this report, the human machine interface market has been segmented into the following categories:

HMI Market, by Offering

  • Hardware
    • Basic HMI
    • Advanced Panel-Based HMI
    • Advanced PC-Based HMI
    • Others
  • Software
    • On-Premise HMI
    • Cloud-Based HMI

HMI Market, by Configuration Type:

  • Stand-Alone HMI
  • Embedded HMI

HMI Market, by End-User Industry:

  • Process Industries
    • Oil and Gas
    • Energy and Power
    • Food and Beverages
    • Chemical
    • Metals and Mining
    • Pharmaceutical
    • Others (Pulp and Paper and Water and Wastewater)
  • Discrete Industries
    • Aerospace and Defense
    • Automotive
    • Packaging
    • Semiconductor and Electronics
    • Medical Devices

HMI Market, by Region:

  • North America
  • Europe
  • Asia-Pacific (APAC)
  • Rest of the World (RoW)

Critical Questions:

  • Which are the substitute products and how big is the threat from them?
  • Most suppliers adopt acquisitions, agreements, product launches, contracts, and expansion as key growth strategies as seen from the recent developments; where will it take the industry in the mid to long term?

Available Customizations:

With the given market data, MarketsandMarkets offers customizations according to the specific requirements of the company. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

Table of Contents

1 Introduction (Page No. - 17)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Study Scope
           1.3.1 Markets Covered
           1.3.2 Years Considered for the Study
    1.4 Currency
    1.5 Limitations
    1.6 Stakeholders

2 Research Methodology (Page No. - 21)
    2.1 Research Data
    2.2 Value Chain Analysis—Industrial Automation
           2.2.1 Secondary and Primary Research
                    2.2.1.1 Key Industry Insights
           2.2.2 Secondary Data
                    2.2.2.1 Key Data From Secondary Sources
           2.2.3 Primary Data
                    2.2.3.1 Primary Interviews With Experts
                    2.2.3.2 Breakdown of Primaries
                    2.2.3.3 Key Data From Primary Sources
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
                    2.3.1.1 Approach for Capturing the Market Share By Bottom-Up Analysis (Demand Side)
           2.3.2 Top-Down Approach
                    2.3.2.1 Approach for Capturing the Market Share By Top-Down Analysis (Supply Side)
    2.4 Market Breakdown & Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 33)

4 Premium Insights (Page No. - 37)
    4.1 Market, 2016–2022 (USD Billion)
    4.2 HMI Market, By Configuration Type (2016–2022)
    4.3 Market, By Offering (2016)
    4.4 HMI Market, By Process Industry and Geography (2016)
    4.5 Market, By Geography (2016)

5 Market Overview (Page No. - 40)
    5.1 Introduction
    5.2 Market Segmentation
           5.2.1 By Offering
           5.2.2 By Configuration Type
           5.2.3 By Sales Channel
           5.2.4 By End-User Industry
           5.2.5 By Geography
    5.3 Market Dynamics
           5.3.1 Drivers
                    5.3.1.1 Evolution of Iiot and Growing Demand of Smart Automation Solutions
                    5.3.1.2 Increasing Rate of Adoption of Industrial Automation Equipment in the Manufacturing Sector
                    5.3.1.3 Growing Need of Efficiency and Monitoring in Manufacturing Plants
           5.3.2 Restraints
                    5.3.2.1 High Installation Cost
                    5.3.2.2 Complex Designing Structure of HMI
           5.3.3 Opportunities
                    5.3.3.1 Increasing Investment in Renewable Power Projects
                    5.3.3.2 Integration of Micro PLCs With HMI
           5.3.4 Challenges
                    5.3.4.1 Increasing Security Risks Associated With Cloud–HMI Platform

6 Industry Trends (Page No. - 49)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Porter’s Five Forces Analysis
           6.3.1 Intensity of Competitive Rivalry
           6.3.2 Threat of Substitutes
           6.3.3 Bargaining Power of Buyers
           6.3.4 Bargaining Power of Suppliers
           6.3.5 Threat of New Entrants

7 Market Analysis, By Offering (Page No. - 56)
    7.1 Introduction
    7.2 Hardware
           7.2.1 Basic HMI
                    7.2.1.1 High Demand in Simple and Price-Sensitive Applications
           7.2.2 Advanced Panel-Based HMI
                    7.2.2.1 Ability to Operate in More Demanding Application Areas
           7.2.3 Advanced Pc-Based HMI
                    7.2.3.1 Advanced Pc-Based HMI Offers Iot and Cloud Connectivity That Enables Analytics With Big Data
    7.3 Software
           7.3.1 On-Premise HMI
                    7.3.1.1 High Level of Data Security and Safety Encourages Adoption of On-Premise HMI Solutions
           7.3.2 Cloud-Based HMI
                    7.3.2.1 High Implementation of Cloud-Based HMIs in Small Enterprises Owing to Low Initial Cost
    7.4 Services

8 Market Analysis, By Configuration Type (Page No. - 65)
    8.1 Introduction
    8.2 Embedded HMI
           8.2.1 Embedded HMI, Offering Enormous Benefits to End Users, is Expected to See High Demand
    8.3 Stand-Alone HMI
           8.3.1 Growing Pressure on Reduction of Tco Encourages the Adoption of Stand-Alone HMI

9 Sales Channels for HMI Solutions (Page No. - 69)
    9.1 Introduction
    9.2 Direct Sales Channels
    9.3 Indirect Sales Channels
           9.3.1 Easy Accessibly of the E-Commerce Channel Expected to Encourage the Adoption of Online Sales Channels

10 Market, By End-User Industry (Page No. - 72)
     10.1 Introduction
     10.2 Process Industry
             10.2.1 Oil and Gas
                        10.2.1.1 Rapid Growth in Companies Using Unconventional Oil and Gas Sources Increases the Need of Remote Monitoring
             10.2.2 Food and Beverages
                        10.2.2.1 Stringent Quality Requirements in Food and Beverages Industry Encourage Manufacturers to Launch High-Quality HMI Products
             10.2.3 Pharmaceutical
                        10.2.3.1 Advancement in Pharmaceutical Manufacturing Lead to Adoption of HMI Solutions
             10.2.4 Chemical
                        10.2.4.1 Increasing Automation in the Chemical Industry is Expected to Encourage Growth of the HMI Market
             10.2.5 Energy and Power
                        10.2.5.1 Increasing Demand of Advanced Monitoring Solutions are Expected to Encourage Demand of Advanced HMI Solutions
             10.2.6 Metals and Mining
                        10.2.6.1 High Risk Associated With Mining Operations Highlights the Need of Adopting HMI Solutions
             10.2.7 Others
     10.3 Discrete Industry
             10.3.1 Automotive
                        10.3.1.1 Adoption of HMI in the Automotive Industry Helps in Meeting Customers’ Demand With Reduced Time and Wastage
             10.3.2 Aerospace and Defense
                        10.3.2.1 High Equipment Cost Encourages Adoption of HMI Solutions to Ensure Proper Functioning of Equipment
             10.3.3 Packaging
                        10.3.3.1 Increasing Emphasis on the Packaging of Products in Industries Such as Food and Beverages, Pharmaceutical, and Consumer Goods
             10.3.4 Medical Device
                        10.3.4.1 Designing of HMI Plays A Key Role in the Medical Device Industry
             10.3.5 Semiconductor and Electronics
                        10.3.5.1 High Competition in the Industry Encourages the Adoption of HMI Solutions to Enhance Productivity

11 Geographical Analysis (Page No. - 109)
     11.1 Introduction
     11.2 North America
             11.2.1 U.S.
                        11.2.1.1 New Product Launches and Developments are Expected to Drive Growth of the market in the U.S.
             11.2.2 Canada
                        11.2.2.1 Growing Processed Food Industry is Expected to Fuel Growth of the HMI Market in Canada
             11.2.3 Mexico
                        11.2.3.1 Expansions By Key Companies are Expected to Drive Growth of the HMI Market in Mexico
     11.3 Europe
             11.3.1 U.K.
                        11.3.1.1 Rising Automation in the Food and Beverages Industry is Driving Growth of the HMI Market in the U.K.
             11.3.2 Germany
                        11.3.2.1 Increasing Adoption of Advanced Technologies in the Automotive Industry is Expected to Drive Growth of the HMI Market in Germany
             11.3.3 France
                        11.3.3.1 Government Initiatives and Support are Expected to Fuel Growth of the HMI Market in France
             11.3.4 Rest of Europe
     11.4 APAC
             11.4.1 China
                        11.4.1.1 Increasing Labor Costs in the Country are Expected to Encourage the Adoption of Advanced Automation Technologies
             11.4.2 Japan
                        11.4.2.1 Increasing Production of Automobiles is Expected to Boost Growth of the HMI Market in Japan
             11.4.3 India
                        11.4.3.1 Technological Developments in the Mining Industry are Expected to Create Significant Growth Opportunity for the HMI Market in India
             11.4.4 Rest of APAC
                        11.4.4.1 Smart Manufacturing Initiatives are Expected to Boost the Adoption of HMI Solutions in the Rest of APAC
     11.5 RoW
             11.5.1 South America
             11.5.2 Middle East
                        11.5.2.1 High Adoption of HMI Solutions in the Oil and Gas Industry are Driving Market Growth in the Middle East
             11.5.3 Africa
                        11.5.3.1 Digitalization of Mines is Expected to Propel Growth of the HMI Market in Africa

12 Competitive Landscape (Page No. - 131)
     12.1 Overview
     12.2 Market Ranking Analysis: Human Machine Interface Market , 2015
     12.3 Competitive Situations and Trends
             12.3.1 New Product Launches and Developments
             12.3.2 Agreements and Contracts
             12.3.3 Acquisitions and Expansions

13 Company Profiles (Page No. - 137)
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, Ratio Analysis, MnM View)*
     13.1 Introduction
     13.2 ABB Ltd.
     13.3 Mitsubishi Electric Corporation
     13.4 Rockwell Automation, Inc.
     13.5 Schneider Electric Se
     13.6 Siemens AG
     13.7 Emerson Electric Co.
     13.8 Honeywell International, Inc.
     13.9 Yokogawa Electric Corporation
     13.10 General Electric Co.
     13.11 Kontron AG
     13.12 Advantech Co., Ltd.

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

14 Appendix (Page No. - 165)
     14.1 Insights of Industry Experts
     14.2 Discussion Guide
     14.3 Knowledge Store: Marketsandmarkets’ Subscription Portal
     14.4 Introducing RT: Real-Time Market Intelligence
     14.5 Available Customizations
     14.6 Related Reports
     14.7 Author Details


List of Tables (74 Tables)

Table 1 List of Major Secondary Sources
Table 2 Human Machine Interface Market, By Offering
Table 3 HMI Market, By Configuration Type
Table 4 Market, By Sales Channel
Table 5 Market, By End-User Industry
Table 6 Market, By Offering, 2013–2022 (USD Billion)
Table 7 Market, By Hardware, 2013–2022 (USD Million)
Table 8 Market, By Hardware, 2013–2022 (Million Units)
Table 9 Market, By Software, 2013–2022 (USD Million)
Table 10 Market, By Configuration Type, 2013–2022 (USD Billion)
Table 11 Market for Embedded HMI, By End-User Industry, 2013–2022 (USD Million)
Table 12 Market for Stand-Alone HMI, By End-User Industry, 2013–2022 (USD Million)
Table 13 Market, By End-User Industry, 2013–2022 (USD Billion)
Table 14 Market, By Process Industry, 2013–2022 (USD Million)
Table 15 Market for the Process Industry, By Geography, 2013–2022 (USD Million)
Table 16 Market for Process Industry, By Offering, 2013–2022 (USD Million)
Table 17 Market for the Process Industry, By Configuration Type, 2013–2022 (USD Million)
Table 18 Market for Oil and Gas Industry, By Geography, 2013–2022 (USD Million)
Table 19 Market for the Oil and Gas Industry, By Offering, 2013–2022 (USD Million)
Table 20 Market for the Oil and Gas Industry, By Configuration Type, 2013–2022 (USD Million)
Table 21 Market for Food and Beverages Industry, By Geography, 2013–2022 (USD Million)
Table 22 Market for the Food and Beverages Industry, By Offering, 2013–2022 (USD Million)
Table 23 Market for the Food and Beverages Industry, By Configuration Type, 2013–2022 (USD Million)
Table 24 Market for the Pharmaceutical Industry, By Geography, 2013–2022 (USD Million)
Table 25 Market for Pharmaceutical Industry, By Offering, 2013–2022 (USD Million)
Table 26 Market for the Pharmaceutical Industry, By Configuration Type, 2013–2022 (USD Million)
Table 27 Market for the Chemical Industry, By Geography, 2013–2022 (USD Million)
Table 28 Market for the Chemical Industry, By Offering, 2013–2022 (USD Million)
Table 29 Market for the Chemical Industry, By Configuration Type, 2013–2022 (USD Million)
Table 30 Market for the Energy and Power Industry, By Geography, 2013–2022 (USD Million)
Table 31 Market for the Energy and Power Industry, By Offering, 2013–2022 (USD Million)
Table 32 Market for the Energy and Power Industry, By Configuration Type, 2013–2022 (USD Million)
Table 33 Market for the Metals and Mining Industry, By Geography, 2013–2022 (USD Million)
Table 34 Human Machine Interface Market for the Metals and Mining Industry, By Offering, 2013–2022 (USD Million)
Table 35 Market for the Metals and Mining Industry, By Configuration Type, 2013–2022 (USD Million)
Table 36 Market for the Other Industry, By Geography, 2013–2022 (USD Million)
Table 37 Market for the Other Industries, By Offering, 2013–2022 (USD Million)
Table 38 Market for the Other Industries, By Configuration Type, 2013–2022 (USD Million)
Table 39 HMI Market, By Discrete Industry, 2013–2022 (USD Million)
Table 40 Market for Discrete Industry, By Geography, 2013–2022 (USD Million)
Table 41 Market for the Discrete Industry, By Offering, 2013–2022 (USD Million)
Table 42 Market for the Discrete Industry, By Configuration Type, 2013–2022 (USD Million)
Table 43 Market for the Automotive Industry, By Geography, 2013–2022 (USD Million)
Table 44 Market for the Automotive Industry, By Offering, 2013–2022 (USD Million)
Table 45 Market for the Automotive Industry, By Configuration Type, 2013–2022 (USD Million)
Table 46 Market for the Aerospace and Defense Industry, By Geography, 2013–2022 (USD Million)
Table 47 Market for the Aerospace and Defense Industry, By Offering, 2013–2022 (USD Million)
Table 48 Market for the Aerospace and Defense Industry, By Configuration Type, 2013–2022 (USD Million)
Table 49 Market for the Packaging Industry, By Geography, 2013–2022 (USD Million)
Table 50 Market for the Packaging Industry, By Offering, 2013–2022 (USD Million)
Table 51 Market for the Packaging Industry, By Configuration Type, 2013–2022 (USD Million)
Table 52 HMI Market for the Medical Devices Industry, By Geography, 2013–2022 (USD Million)
Table 53 Market for the Medical Devices Industry, By Offering, 2013–2022 (USD Million)
Table 54 Market for the Medical Devices Industry, By Configuration Type, 2013–2022 (USD Million)
Table 55 Market for the Semiconductor and Electronics Industry, By Geography, 2013–2022 (USD Million)
Table 56 Market for the Semiconductor and Electronics Industry, By Offering, 2013–2022 (USD Million)
Table 57 Market for the Semiconductor and Electronics Industry, By Configuration Type, 2013–2022 (USD Million)
Table 58 Market, By Geography, 2013–2022 (USD Million)
Table 59 Market in North America, By Country, 2013–2022 (USD Million)
Table 60 HMI Market in North America, By End-User Industry, 2013–2022 (USD Million)
Table 61 Market in North America, By Offering, 2013–2022 (USD Million)
Table 62 Market in Europe, By Country, 2013–2022 (USD Million)
Table 63 Market in Europe, By End-User Industry, 2013–2022 (USD Million)
Table 64 Market in Europe, By Offering, 2013–2022 (USD Million)
Table 65 Market in APAC, By Country, 2013–2022 (USD Million)
Table 66 Market in APAC, By End-User Industry, 2013–2022 (USD Million)
Table 67 Market in APAC, By Offering, 2013–2022 (USD Million)
Table 68 Market in RoW, By Region, 2013–2022 (USD Million)
Table 69 HMI Market in RoW, By End-User Industry, 2013–2022 (USD Million)
Table 70 Market in RoW, By Offering, 2013–2022 (USD Million)
Table 71 Market Ranking of the Top Five Companies in the HMI Market, 2015
Table 72 New Product Launches and Developments
Table 73 Agreements and Contracts
Table 74 Acquisitions and Expansions


List of Figures (86 Figures)

Figure 1 Human Machine Interface Market: Markets Covered
Figure 2 HMI Market: Research Design
Figure 3 Value Chain – Industrial Automation
Figure 4 Bottom-Up Approach to Arrive at the Market Size
Figure 5 Top-Down Approach to Arrive at the Market Size
Figure 6 Data Triangulation
Figure 7 Assumptions of the Research Study
Figure 8 HMI Software Market is Anticipated to Witness the Highest CAGR During the Forecast Period
Figure 9 Market for Embedded HMI is Expected to Grow at the Highest Rate During the Forecast Period
Figure 10 Market for Automotive Industry is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 11 Snapshot for the Market, By Process Industry (2016 vs 2022): Market for the Oil and Gas Industry is Expected to Hold the Largest Size During the Forecast Period
Figure 12 North America Held the Highest Market Share in 2016
Figure 13 Increasing Need of Monitoring and Controlling Solution is Expected to Drive Growth of the Market
Figure 14 Market for Embedded HMI is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 15 The Hardware Segment is Expected to Hold A Larger Share of the Market in 2016
Figure 16 The Oil & Gas Industry is Expected to Hold the Largest Share of the Market By Process Industry in 2016
Figure 17 The U.S. is Expected to Hold the Largest Size of the Market in 2016
Figure 18 HMI Market, By Geography
Figure 19 Evolution of IIoT and Growing Demand of Smart Automation Solutions are Expected to Drive Growth of the HMI Market
Figure 20 Worldwide Annual Sale of Industrial Robots, 2010–2015
Figure 21 Global Investment in Renewable Energy, 2010–2015
Figure 22 Value Chain Analysis: Maximum Value is Added During the HMI Manufacturing and System Integration Stages
Figure 23 Market: Porter’s Five Forces Analysis, 2016
Figure 24 Intensity of Competitive Rivalry and Bargaining Power of Buyers are Expected to Have A High Impact
Figure 25 Market : Impact Analysis of Intensity of Competitive Rivalry
Figure 26 Market: Impact Analysis of Threat of Substitutes
Figure 27 Market: Impact Analysis of the Bargaining Power of Buyers
Figure 28 Market: Impact Analysis of Bargaining Power of Suppliers
Figure 29 Market: Threat of New Entrants
Figure 30 Market, By Offering
Figure 31 Human Machine Interface Market, By Hardware
Figure 32 Advanced Pc-Based HMI Segment is Expected to Hold the Largest Size of the Market During the Forecast Period
Figure 33 Market, By Software
Figure 34 Market for Cloud-Based HMI Segment is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 35 Market, By Configuration Type
Figure 36 Embedded HMI Segment is Expected to Hold A Largest Market Size of the HMI Market Between 2016 and 2022
Figure 37 Sales Channels of the HMI Solutions
Figure 38 Global Market, By End-User Industry
Figure 39 Market, By Process Industry
Figure 40 North America is Expected to Hold the Largest Size of the Market for the Process Industry During the Forecast Period
Figure 41 RoW is Expected to Hold the Largest Share of the Market for the Oil and Gas Industry Between 2016 and 2022
Figure 42 Market for the Food and Beverages Industry is Anticipated to Witness the Highest CAGR in APAC Between 2016 and 2022
Figure 43 Market in APAC for Pharmaceutical Industry is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 44 APAC is Expected to Have the Largest Size of the Market for the Chemical Industry Between 2016 and 2022
Figure 45 APAC is Expected to Have the Largest Size of the Market for the Energy and Power Industry During the Forecast Period
Figure 46 The HMI Market for the Metals and Mining Industry in RoW is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 47 RoW is Expected to Grow at the Highest CAGR in the Market for Other Industries During the Forecast Period
Figure 48 Market, By Discrete Industry
Figure 49 The HMI Market for Discrete Industry in APAC is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 50 APAC is Expected to Hold the Largest Size in the HMI Market for the Automotive Industry During the Forecast Period
Figure 51 Human Machine Interface Market for the Aerospace and Defense Industry in APAC is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 52 North America is Expected to Have the Largest Size of the HMI Market for the Packaging Industry During the Forecast Period
Figure 53 Market in APAC for the Medical Devices Industry is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 54 APAC is Expected to Have the Largest Size of the HMI Market for the Semiconductor and Electronics Industry During the Forecast Period
Figure 55 Geographic Snapshot: Global Market
Figure 56 Snapshot of the Market in North America
Figure 57 U.S. is Expected to Have the Largest Size of the HMI Market in North America By 2022
Figure 58 Market for the Process Industry in North America is Expected to Grow at A Higher CAGR Between 2016 and 2022
Figure 59 France is Expected to Have the Largest Size of the Market in Europe During the Forecast Period
Figure 60 Market in Germany is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 61 Market for the Process Industry in Europe is Expected to Grow at A Higher Rate During the Forecast Period
Figure 62 Snapshot of the Market in APAC
Figure 63 China is Expected to Lead the Market in APAC Between 2016 and 2022
Figure 64 Market for Software in APAC is Expected to Grow at the Highest CAGR Between 2016 and 2022
Figure 65 Market in the Middle East is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 66 RoW’s Market for Software is Expected to Grow at the Highest Rate Between 2016 and 2022
Figure 67 New Product Launches and Developments Was the Key Growth Strategy Adopted By Companies Between 2013 and 2016
Figure 68 Market Evolution Framework: New Product Launches and Developments Fuelled Growth of the Market During the Forecast Period (2013–2016)
Figure 69 Battle for Market Share: New Product Launches and Developments Was the Key Strategy Adopted in the HMI Market From January 2013 to November 2016
Figure 70 Geographic Revenue Mix of the Top Five Companies (2015)
Figure 71 ABB Ltd.: Company Snapshot
Figure 72 ABB Ltd.: SWOT Analysis
Figure 73 Mitsubishi Electric Corporation: Company Snapshot
Figure 74 Mitsubishi Electric Corporation: SWOT Analysis
Figure 75 Rockwell Automation, Inc.: Company Snapshot
Figure 76 Rockwell Automation, Inc.: SWOT Analysis
Figure 77 Schneider Electric Se: Company Snapshot
Figure 78 Schneider Electric Se: SWOT Analysis
Figure 79 Siemens AG: Company Snapshot
Figure 80 Siemens AG: SWOT Analysis
Figure 81 Emerson Electric Co.: Company Snapshot
Figure 82 Honeywell International, Inc.: Company Snapshot
Figure 83 Yokogawa Electric Corporation: Company Snapshot
Figure 84 General Electric Co.: Company Snapshot
Figure 85 Kontron AG: Company Snapshot
Figure 86 Advantech Co., Ltd.: Company Snapshot

The human machine interface market (HMI) is expected to be worth 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 growing acceptance of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and increasing demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant.

The hardware segment lead the global human machine interface market in terms of market share in 2015. Hardware segment includes basic HMI, advanced panel-based HMI, and advanced PC-based HMI. The market for advanced panel-based HMI is expected to witness a highest CAGR during the forecast period. Increasing demand of mobile HMIs is driving the growth of the advanced panel-based HMI market. In addition, the advanced panel-based HMIs have high demand in industries such as oil and gas, chemical, and energy and power, where critical operations are involved. The industries demand advanced solutions to enhance the visibility of production process.

The market for embedded HMI solution is expected to hold a larger market size by 2022 owing to increasing adoption of the embedded HMI solutions in process industry. Embedded platforms enable easy communication between two machines and provide easy access to operators, and thus help operators in process industries to gain more process visibility.

The discrete industry dominated the human machine interface market in 2015. Growing need for the monitoring and controlling solutions in automotive, packaging, and aerospace and defense industry is expected to drive this market growth. The automotive industry is expected to hold the largest size of the global HMI market for discrete industry between 2016 and 2022. Intensified operation of automotive manufacturing companies to cater the increasing demand for automobiles is expected to drive the demand of the HMI solutions in this industry.

Human Machine Interface Market

North America is expected to lead the overall human machine interface market between 2016 and 2022. Factors such as growth in the discrete industries, high adoption of advanced manufacturing practices, and increasing demand for advanced software solutions in the manufacturing industries are propelling the growth of the market in this region. The HMI market in APAC is expected to witness the highest growth rate during the forecast period. Technological innovations in different industries and increasing economic and infrastructure developments in China, Japan, India, and other Southeast Asian countries are the major factors driving the market growth in the APAC region.

The key restraining factors for the human machine interface market are high installation cost and complexity involved in the designing of HMI solutions. The key market players such as Rockwell Automation Inc. (U.S.), Schneider Electric SE (France), and Mitsubishi Electric Corporation (Japan) focusing on new product launches and developments, expansion, acquisitions, and collaborations to enhance their product offerings and expand their business.

Leading HMI manufacturers are developing sustainable and innovative solutions for existing and new Industry to drive the market forward

Process Industr

In process industry, the production is an ongoing process or a batch-wise process. The market for HMIs is growing along with the latest developments in the process industry. Increasing use of programmable automation controller (PACs) in process industries such as oil and gas, metals, and mining, food and beverages, and water and wastewater industry is expected to drive the growth of the HMI market over the forecast period.

The key market players have adopted strategies such as new product launch and development to enhance their capabilities of solution offerings for the process industry. For instance, in November 2015, Honeywell International, Inc. (U.S.) launched latest RTU2020 process controller to efficiently manage complex remote automation and control applications in oil and gas, mining, and other process industries. In May 2015, Siemens AG (Germany) released latest version of power plant control system, namely, PPA-T3000 R7.2 that focuses primarily on human machine interface market (HMI).

Discrete industry

The human machine interface market is segmented on the basis of discrete industry into automotive, packaging, aerospace and defense, semiconductor and electronics, and medical devices. Manufacturing in discrete industries is often characterized by very high complexity and limited volume or low complexity and high volume. These industries often have individual or separate production units. A discrete product at the end of its lifecycle can be broken down into its components and they can be recycled. Increasing global competition and consumer demand encourages discrete manufacturers to improve their production quality and reduce the operational cost at the same time.

Critical questions would be:

  • Will the suppliers continue to explore new avenues for HMI?
  • What are the adjacencies that the companies can leverage or explore?
  • Is there a threat from substitute products?

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