Human Machine Interface Market - Forecasts from 2018 to 2023
The human-machine interface (HMI) market is projected to grow at a CAGR of 8.33% over the forecast period of 2017 - 2023. HMI is equipment which offers real-time data acquisition and provides a visual representation of a control system. A user-friendly HMI facilitates the set-up of a centralized control center which improves the productivity and company profitability. This will drive the demand for HMI screens. In addition, advancement in the field of the internet of things and increasing investment towards Industry 4.0, especially in the developing economies, will boost the demand for these display devices.
By industry vertical, the global human machine interface market has been segmented as manufacturing, automotive, oil and gas, utilities, and healthcare among others. Manufacturing held a significant market share owing to increasing investment in factory automation for better control over the facility and mitigate unnecessary risks and losses. The major factor driving the demand for HMI display screens in the automotive industry is the booming research and development expenditure in the field of connected cars. The healthcare and the automotive industry are poised to grow at an impressive rate in the coming years.
By geography, the global human machine interface market has been segmented as North America, South America, Europe, Middle East and Africa and the Asia Pacific. Each region has been further segmented into major some of the countries of their respective regions. Globally, North America and Europe held a significant market share on account of the early adoption of technology and high investment in Automotive 4.0 and connected cars. The Asia Pacific region is projected to grow at a substantial rate over the next five years owing to favourable government policies promoting manufacturing activities and booming adoption of IoT solutions across industry vertical.
Major industry players profiled as part of the report are Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Inc., Schneider Electric, ABB, Siemens AG, and Honeywell among others.
Segmentation
The Human Machine Interface (HMI) market has been analyzed through the following segments:
By Component
Hardware
Software
By Screen Size
Between 1” and 5”
Between 5.1” and 9”
Between 9.1” and 13”
Between 13.1” and 17”
More than 17”
By Industry Vertical
Manufacturing
Automotive
Oil and Gas
Utilities
Healthcare
Others
By Geography
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Japan
South Korea
Others
By industry vertical, the global human machine interface market has been segmented as manufacturing, automotive, oil and gas, utilities, and healthcare among others. Manufacturing held a significant market share owing to increasing investment in factory automation for better control over the facility and mitigate unnecessary risks and losses. The major factor driving the demand for HMI display screens in the automotive industry is the booming research and development expenditure in the field of connected cars. The healthcare and the automotive industry are poised to grow at an impressive rate in the coming years.
By geography, the global human machine interface market has been segmented as North America, South America, Europe, Middle East and Africa and the Asia Pacific. Each region has been further segmented into major some of the countries of their respective regions. Globally, North America and Europe held a significant market share on account of the early adoption of technology and high investment in Automotive 4.0 and connected cars. The Asia Pacific region is projected to grow at a substantial rate over the next five years owing to favourable government policies promoting manufacturing activities and booming adoption of IoT solutions across industry vertical.
Major industry players profiled as part of the report are Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Inc., Schneider Electric, ABB, Siemens AG, and Honeywell among others.
Segmentation
The Human Machine Interface (HMI) market has been analyzed through the following segments:
By Component
Hardware
Software
By Screen Size
Between 1” and 5”
Between 5.1” and 9”
Between 9.1” and 13”
Between 13.1” and 17”
More than 17”
By Industry Vertical
Manufacturing
Automotive
Oil and Gas
Utilities
Healthcare
Others
By Geography
North America
US
Canada
Mexico
Others
South America
Brazil
Argentina
Others
Europe
UK
Germany
France
Italy
Others
Middle East and Africa
Saudi Arabia
UAE
Israel
Others
Asia Pacific
China
India
Japan
South Korea
Others
1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. HUMAN MACHINE INTERFACE (HMI) MARKET BY COMPONENT
5.1. HARDWARE
5.2. SOFTWARE
6. HUMAN MACHINE INTERFACE (HMI) MARKET BY SCREEN SIZE
6.1. BETWEEN 1” AND 5”
6.2. BETWEEN 5.1” AND 9”
6.3. BETWEEN 9.1” AND 13”
6.4. BETWEEN 13.1” AND 17”
6.5. MORE THAN 17”
7. HUMAN MACHINE INTERFACE (HMI) MARKET BY END-USER INDUSTRY
7.1. MANUFACTURING
7.2. AUTOMOTIVE
7.3. OIL AND GAS
7.4. UTILITIES
7.5. HEALTHCARE
7.6. OTHERS
8. HUMAN MACHINE INTERFACE (HMI) MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. United Kingdom
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Others
8.4. Middle East and Africa
8.4.1. United Arab Emirates
8.4.2. Israel
8.4.3. Saudi Arabia
8.4.4. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. South Korea
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Mitsubishi Electric Corporation
10.1.1. Company Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. Omron Corporation
10.2.1. Company Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. Rockwell Automation, Inc.
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. Schneider Electric
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. ABB
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. Siemens AG
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Recent Developments
10.7. Honeywell
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Recent Developments
10.8. General Electric
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Recent Developments
10.9. Yokogawa Electric Corporation
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products and Services
10.9.4. Recent Developments
10.10. Kontron S & T AG
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products and Services
10.10.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. HUMAN MACHINE INTERFACE (HMI) MARKET BY COMPONENT
5.1. HARDWARE
5.2. SOFTWARE
6. HUMAN MACHINE INTERFACE (HMI) MARKET BY SCREEN SIZE
6.1. BETWEEN 1” AND 5”
6.2. BETWEEN 5.1” AND 9”
6.3. BETWEEN 9.1” AND 13”
6.4. BETWEEN 13.1” AND 17”
6.5. MORE THAN 17”
7. HUMAN MACHINE INTERFACE (HMI) MARKET BY END-USER INDUSTRY
7.1. MANUFACTURING
7.2. AUTOMOTIVE
7.3. OIL AND GAS
7.4. UTILITIES
7.5. HEALTHCARE
7.6. OTHERS
8. HUMAN MACHINE INTERFACE (HMI) MARKET BY GEOGRAPHY
8.1. North America
8.1.1. USA
8.1.2. Canada
8.1.3. Mexico
8.1.4. Others
8.2. South America
8.2.1. Brazil
8.2.2. Argentina
8.2.3. Others
8.3. Europe
8.3.1. United Kingdom
8.3.2. Germany
8.3.3. France
8.3.4. Italy
8.3.5. Others
8.4. Middle East and Africa
8.4.1. United Arab Emirates
8.4.2. Israel
8.4.3. Saudi Arabia
8.4.4. Others
8.5. Asia Pacific
8.5.1. China
8.5.2. Japan
8.5.3. India
8.5.4. South Korea
8.5.5. Others
9. COMPETITIVE INTELLIGENCE
9.1. Market Share Analysis
9.2. Recent Investment and Deals
9.3. Strategies of Key Players
10. COMPANY PROFILES
10.1. Mitsubishi Electric Corporation
10.1.1. Company Overview
10.1.2. Financials
10.1.3. Products and Services
10.1.4. Recent Developments
10.2. Omron Corporation
10.2.1. Company Overview
10.2.2. Financials
10.2.3. Products and Services
10.2.4. Recent Developments
10.3. Rockwell Automation, Inc.
10.3.1. Company Overview
10.3.2. Financials
10.3.3. Products and Services
10.3.4. Recent Developments
10.4. Schneider Electric
10.4.1. Company Overview
10.4.2. Financials
10.4.3. Products and Services
10.4.4. Recent Developments
10.5. ABB
10.5.1. Company Overview
10.5.2. Financials
10.5.3. Products and Services
10.5.4. Recent Developments
10.6. Siemens AG
10.6.1. Company Overview
10.6.2. Financials
10.6.3. Products and Services
10.6.4. Recent Developments
10.7. Honeywell
10.7.1. Company Overview
10.7.2. Financials
10.7.3. Products and Services
10.7.4. Recent Developments
10.8. General Electric
10.8.1. Company Overview
10.8.2. Financials
10.8.3. Products and Services
10.8.4. Recent Developments
10.9. Yokogawa Electric Corporation
10.9.1. Company Overview
10.9.2. Financials
10.9.3. Products and Services
10.9.4. Recent Developments
10.10. Kontron S & T AG
10.10.1. Company Overview
10.10.2. Financials
10.10.3. Products and Services
10.10.4. Recent Developments
LIST OF FIGURES
LIST OF TABLES
DISCLAIMER