Human Machine Interface Market Size, Share & Trends Analysis Report By Product (Display Terminals, Interface Software, Industrial PCs, Others), By Application, By Region, And Segment Forecasts, 2023 - 2030
Human Machine Interface Market Growth & Trends The global human machine interface market size is expected to reach USD 11.60 billion by 2030, registering a CAGR of 10.4% from 2023 to 2030, accor... もっと見る
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SummaryHuman Machine Interface Market Growth & TrendsThe global human machine interface market size is expected to reach USD 11.60 billion by 2030, registering a CAGR of 10.4% from 2023 to 2030, according to a new report by Grand View Research, Inc. Developments in HMI programming software to integrate multi-vendor environment management ability is expected to fuel market growth over the coming years. In addition, advantages offered such as remote operation along with wide usage of HMIs in oil and gas and water treatment units for operating in harsh climates may also boost product demand significantly. This has also instigated companies to develop devices with better wear and tear properties. Growing trend of protocol conversion for the exchange of data between all connected devices is anticipated to further catalyze HMI market growth. Moreover, technological advancements such as open platform architecture or OPA resulting in improvement of migration process is also likely to spur the demand in coming years. Factors such as rising need for change in business process to incorporate HMIs along with high upfront capital may have adverse effects on the market development. Furthermore, awareness regarding HMIs among management and lower level staff along with the lack of experienced professionals may also affect the industry growth. Human Machine Interface Market Report Highlights • Interface software accounted for substantial revenue share in 2022. This may be attributed to the increasing adoption of PC- based open source monitoring and controlling system worldwide. • Development of new and innovative displays along with emergence of industrial internet of things may contribute towards further growth in the display terminal segment. • Oil & gas emerged as the dominant application and register a significant CAGR of over 11.4% over the forecast period. This may be attributed to increasing demand from the oil & gas sector owing to the benefits offered by HMI regarding the flow of information inside a pipeline without updated monitoring capabilities for overcoming a particular problem. • HMI offers several benefits regarding driver safety and security by integrating solutions such as ADAS, ACC and LDW, which are expected to drive demand in the automotive industry. • North America HMI market is estimated to hold majority share and accounted for more than 29.3% of the consumption in 2022. Additionally, Asia Pacific is anticipated to exhibit high growth over the next few years. This may be attributed to the migration of manufacturing processes to developing regions in order to capitalize on labor cost and high availability of raw materials in this region. Table of ContentsTable of ContentsChapter 1. Methodology and Scope 1.1. Market Segmentation & Scope 1.1.1. Product 1.1.2. Application 1.1.3. Regional scope 1.1.4. Estimates and forecast timeline 1.2. Research Methodology 1.3. Information Procurement 1.3.1. Purchased database 1.3.2. GVR’s internal database 1.3.3. Secondary sources 1.3.4. Primary research 1.3.5. Details of primary research 1.4. Information or Data Analysis 1.5. Market Formulation & Validation 1.6. Model Details 1.7. List of Secondary Sources 1.8. List of Primary Sources 1.9. Objectives Chapter 2. Executive Summary 2.1. Market Outlook 2.2. Segment Outlook 2.2.1. Product 2.2.2. Application 2.2.3. Regional outlook 2.3. Competitive Insights Chapter 3. Human Machine Interface (HMI) Market Variables, Trends & Scope 3.1. Market Lineage Outlook 3.2. Industry Value Chain Analysis 3.3. Market Dynamics 3.3.1. Market driver analysis 3.3.2. Market restraint analysis 3.3.3. Market opportunity analysis 3.4. Human Machine Interface (HMI) Market Analysis Tools 3.4.1. Industry analysis - Porter’s 3.4.1.1. Supplier power 3.4.1.2. Buyer power 3.4.1.3. Substitution threat 3.4.1.4. Threat of new entrant 3.4.1.5. Competitive rivalry 3.4.2. PESTEL analysis 3.4.2.1. Political landscape 3.4.2.2. Technological landscape 3.4.2.3. Economic landscape Chapter 4. Human Machine Interface (HMI) Market: Product Estimates & Trend Analysis 4.1. Human Machine Interface (HMI) Market: Key Takeaways 4.2. Human Machine Interface (HMI) Market: Movement & Market Share Analysis, 2022 & 2030 4.3. Display Terminals 4.3.1. Display terminals market estimates and forecasts, 2017 to 2030 (USD Million) 4.4. Interface software 4.4.1. Interface software market estimates and forecasts, 2017 to 2030 (USD Million) 4.5. Industrial PCs 4.5.1. Industrial PCs market estimates and forecasts, 2017 to 2030 (USD Million) 4.6. Others 4.6.1. Others market estimates and forecasts, 2017 to 2030 (USD Million) Chapter 5. Human Machine Interface (HMI) Market: Application Estimates & Trend Analysis 5.1. Human Machine Interface (HMI) Market: Key Takeaways 5.2. Human Machine Interface (HMI) Market: Movement & Market Share Analysis, 2022 & 2030 5.3. Automotive 5.3.1. Automotive market estimates and forecasts, 2017 to 2030 (USD Million) 5.4. Food & beverages 5.4.1. Food & beverages market estimates and forecasts, 2017 to 2030 (USD Million) 5.5. Oil & gas 5.5.1. Oil & gas market estimates and forecasts, 2017 to 2030 (USD Million) 5.6. Packaging 5.6.1. Packaging market estimates and forecasts, 2017 to 2030 (USD Million) 5.7. Others 5.7.1. Others market estimates and forecasts, 2017 to 2030 (USD Million) Chapter 6. Human Machine Interface (HMI) Market: Regional Estimates & Trend Analysis 6.1. Regional Outlook 6.2. Human Machine Interface (HMI) Market by Region: Key Takeaway 6.3. North America 6.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.3.2. U.S. 6.3.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.3.3. Canada 6.3.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.4. Europe 6.4.1. UK 6.4.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.4.2. Germany 6.4.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.4.3. France 6.4.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.5. Asia Pacific 6.5.1. Japan 6.5.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.5.2. China 6.5.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.5.3. India 6.5.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.5.4. Australia 6.5.4.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.5.5. South Korea 6.5.5.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.6. Latin America 6.6.1. Brazil 6.6.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.6.2. Mexico 6.6.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.7. MEA 6.7.1. Saudi Arabia 6.7.1.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.7.2. South Africa 6.7.2.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) 6.7.3. UAE 6.7.3.1. Market estimates and forecasts, 2017 to 2030 (Revenue, USD Million) Chapter 7. Competitive Landscape 7.1. Recent Developments & Impact Analysis, By Key Market Participants 7.2. Market Participant Categorization 7.2.1. Yokogawa India Ltd. 7.2.1.1. Company overview 7.2.1.2. Financial performance 7.2.1.3. Product benchmarking 7.2.1.4. Strategic initiatives 7.2.2. Rockwell Automation 7.2.2.1. Company overview 7.2.2.2. Financial performance 7.2.2.3. Product benchmarking 7.2.2.4. Strategic initiatives 7.2.3. Seimens 7.2.3.1. Company overview 7.2.3.2. Financial performance 7.2.3.3. Product benchmarking 7.2.3.4. Strategic initiatives 7.2.4. OMRON Corporation 7.2.4.1. Company overview 7.2.4.2. Financial performance 7.2.4.3. Product benchmarking 7.2.4.4. Strategic initiatives 7.2.5. Honeywell International Inc. 7.2.5.1. Company overview 7.2.5.2. Financial performance 7.2.5.3. Product benchmarking 7.2.5.4. Strategic initiatives 7.2.6. Emerson Electric Co. 7.2.6.1. Company overview 7.2.6.2. Financial performance 7.2.6.3. Product benchmarking 7.2.6.4. Strategic initiatives 7.2.7. Eaton 7.2.7.1. Company overview 7.2.7.2. Financial performance 7.2.7.3. Product benchmarking 7.2.7.4. Strategic initiatives 7.2.8. ABB 7.2.8.1. Company overview 7.2.8.2. Financial performance 7.2.8.3. Product benchmarking 7.2.8.4. Strategic initiatives 7.2.9. Advantech Co., Ltd. 7.2.9.1. Company overview 7.2.9.2. Financial performance 7.2.9.3. Product benchmarking 7.2.9.4. Strategic initiatives 7.2.10. General Electric 7.2.10.1. Company overview 7.2.10.2. Financial performance 7.2.10.3. Product benchmarking 7.2.10.4. Strategic initiatives 7.2.11. American Industrial Systems Inc. (AIS) 7.2.11.1. Company overview 7.2.11.2. Financial performance 7.2.11.3. Product benchmarking 7.2.11.4. Strategic initiatives 7.2.12. Beijer Electronics 7.2.12.1. Company overview 7.2.12.2. Financial performance 7.2.12.3. Product benchmarking 7.2.12.4. Strategic initiatives
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