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Human Machine Interface Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

September 2023 | 141 pages | ID: HD439F3E7515EN
IMARC Group

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Market Overview:

The global human machine interface market size reached US$ 4.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 7.4 Billion by 2028, exhibiting a growth rate (CAGR) of 6.5% during 2023-2028.

A human machine interface (HMI) is a component in electronic devices that allows the user to communicate and interact with the machine or the system efficiently. It is also referred as computer-human interface, man-machine interface (MMI) or human-computer interface. HMI consists of various hardware and software components that translate user inputs into signals for the machine to generate results. It incorporates motion sensors, peripheral devices, speech-recognition interfaces and other devices through which information is shared using sound, sight, heat and touch. It assists in error reduction, increasing user satisfaction, efficiency and comfort. It also enhances overall productivity by reducing task saturation and physical and mental stress for the user. As a result, the technology is finding extensive applicability in the electronics, entertainment, medical and military sectors to integrate humans into intricate mechanical systems.

The rising trend of digitalization, along with the introduction of HTML5 and Industrial Internet of Things (IIOT), are the key factors driving the growth of the market. HTML5 and IIOT enable end users to conveniently use new software programs and allow optimal monitoring of machinery and equipment across industries. Also, enterprises are increasingly focusing on generating customizable and useful interfaces to create more lucrative opportunities in the market. Additionally, there is an increasing preference for multi-touch screens and gadgets for augmented and virtual reality (AR/VR), which is also driving the market further. Moreover, benefits such as the reduction in operating costs by substituting indicator lights, push buttons, selectors and replacing them with minimalistic tools and control features have increased the adoption of HMI systems across the globe.

IMARC Group’s latest report provides a deep insight into the global human machine interface market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the global human machine interface market in any manner.

Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global human machine interface market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on component, configuration, technology type and end use industry.

Breakup by Component:

Hardware
Basic HMI
Advanced Panel-Based HMI
Advanced PC-Based HMI
Software
On-Premise HMI
Advanced Panel-Based HMI
Advanced PC-Based HMI
Services

Breakup by Configuration:

Embedded
Standalone

Breakup by Technology Type:

Motion HMI
Bionic HMI
Tactile HMI
Optical HMI
Acoustic HMI

Breakup by End Use Industry:

Packaging
Food and Beverage
Automotive
Pharmaceuticals
Utilities
Metals and Mining
Others

Breakup by Region:

North America
Europe
Asia Pacific
Middle East and Africa
Latin America

Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being ABB Asea Brown Boveri Ltd, Mitsubishi Electric Corporation, Honeywell International Inc, Rockwell Automation, Schneider Electric SE, Siemens AG, General Electric Company, Robert Bosch GmbH, Kontron S&T AG, Yokogawa India Ltd., Advantech Co. Ltd., Texas Instruments Incorporated, Eaton Corporation, etc.

Key Questions Answered in This Report:
How has the global human machine interface market performed so far and how will it perform in the coming years?
What are the key regional markets in the global human machine interface industry?
What has been the impact of COVID-19 on the global human machine interface industry?
What is the breakup of the market based on the component?
What is the breakup of the market based on the configuration?
What is the breakup of the market based on the technology type?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the global human machine interface industry?
What are the key driving factors and challenges in the global human machine interface industry?
What is the structure of the global human machine interface industry and who are the key players?
What is the degree of competition in the global human machine interface industry?
1 PREFACE

2 SCOPE AND METHODOLOGY

2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
  2.3.1Primary Sources
  2.3.2Secondary Sources
2.4Market Estimation
  2.4.1Bottom-Up Approach
  2.4.2Top-Down Approach
2.5Forecasting Methodology

3 EXECUTIVE SUMMARY

4 INTRODUCTION

4.1Overview
4.2Key Industry Trends

5 GLOBAL HUMAN MACHINE INTERFACE MARKET

5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Breakup by Component
5.5Market Breakup by Configuration
5.6Market Breakup by Technology Type
5.7Market Breakup by End Use Industry
5.8Market Breakup by Region
5.9Market Forecast

6 MARKET BREAKUP BY COMPONENT

6.1Hardware
  6.1.1 Market Trends
  6.1.2 Major Types
    6.1.2.1 Basic HMI
    6.1.2.2 Advanced Panel-Based HMI
    6.1.2.3 Advanced PC-Based HMI
  6.1.3 Market Forecast
6.2Software
  6.2.1 Market Trends
  6.2.2 Major Types
    6.2.2.1 On-Premise HMI
    6.2.2.2 Advanced Panel-Based HMI
    6.2.2.3 Advanced PC-Based HMI
  6.2.3 Market Forecast
6.3Services
  6.3.1 Market Trends
  6.3.2 Market Forecast

7 MARKET BREAKUP BY CONFIGURATION

7.1Embedded
  7.1.1 Market Trends
  7.1.2 Market Forecast
7.2Standalone
  7.2.1 Market Trends
  7.2.2 Market Forecast

8 MARKET BREAKUP BY TECHNOLOGY TYPE

8.1Motion HMI
  8.1.1 Market Trends
  8.1.2 Market Forecast
8.2Bionic HMI
  8.2.1 Market Trends
  8.2.2 Market Forecast
8.3Tactile HMI
  8.3.1 Market Trends
  8.3.2 Market Forecast
8.4Optical HMI
  8.4.1 Market Trends
  8.4.2 Market Forecast
8.5Acoustic HMI
  8.5.1 Market Trends
  8.5.2 Market Forecast

9 MARKET BREAKUP BY END USE INDUSTRY

9.1Packaging
  9.1.1 Market Trends
  9.1.2 Market Forecast
9.2Food and Beverage
  9.2.1 Market Trends
  9.2.2 Market Forecast
9.3Automotive
  9.3.1 Market Trends
  9.3.2 Market Forecast
9.4Pharmaceuticals
  9.4.1 Market Trends
  9.4.2 Market Forecast
9.5Utilities
  9.5.1 Market Trends
  9.5.2 Market Forecast
9.6Metals and Mining
  9.6.1 Market Trends
  9.6.2 Market Forecast
9.7Others
  9.7.1 Market Trends
  9.7.2 Market Forecast

10 MARKET BREAKUP BY REGION

10.1North America
  10.1.1 Market Trends
  10.1.2 Market Forecast
10.2Europe
  10.2.1 Market Trends
  10.2.2 Market Forecast
10.3Asia Pacific
  10.3.1 Market Trends
  10.3.2 Market Forecast
10.4Middle East and Africa
  10.4.1 Market Trends
  10.4.2 Market Forecast
10.5Latin America
  10.5.1 Market Trends
  10.5.2 Market Forecast

11 SWOT ANALYSIS

11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats

12 VALUE CHAIN ANALYSIS

13 PORTER’S FIVE FORCES ANALYSIS

13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes

14 COMPETITIVE LANDSCAPE

14.1Market Structure
14.2Key Players
14.3Profiles of Key Players
  14.3.1 ABB Asea Brown Boveri Ltd
  14.3.2 Mitsubishi Electric Corporation
  14.3.3 Honeywell International Inc
  14.3.4 Rockwell Automation
  14.3.5 Schneider Electric SE
  14.3.6 Siemens AG
  14.3.7 General Electric Company
  14.3.8 Robert Bosch GmbH
  14.3.9 Kontron S&T AG
  14.3.10 Yokogawa India Ltd.
  14.3.11 Advantech Co. Ltd.
  14.3.12 Texas Instruments Incorporated
  14.3.13 Eaton Corporation

LIST OF TABLES

Table 1: Global: Human Machine Interface Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Human Machine Interface Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Human Machine Interface Market Forecast: Breakup by Configuration (in Million US$), 2023-2028
Table 4: Global: Human Machine Interface Market Forecast: Breakup by Technology Type (in Million US$), 2023-2028
Table 5: Global: Human Machine Interface Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 6: Global: Human Machine Interface Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Human Machine Interface Market Structure
Table 8: Global: Human Machine Interface Market: Key Players

LIST OF FIGURES

Figure 1: Global: Human Machine Interface Market: Major Drivers and Challenges
Figure 2: Global: Human Machine Interface Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Human Machine Interface Market: Breakup by Component (in %), 2022
Figure 4: Global: Human Machine Interface Market: Breakup by Configuration (in %), 2022
Figure 5: Global: Human Machine Interface Market: Breakup by Technology Type (in %), 2022
Figure 6: Global: Human Machine Interface Market: Breakup by End Use Industry (in %), 2022
Figure 7: Global: Human Machine Interface Market: Breakup by Region (in %), 2022
Figure 8: Global: Human Machine Interface Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 9: Global: Human Machine Interface Industry: SWOT Analysis
Figure 10: Global: Human Machine Interface Industry: Value Chain Analysis
Figure 11: Global: Human Machine Interface Industry: Porter’s Five Forces Analysis
Figure 12: Global: Human Machine Interface (Hardware) Market: Sales Value (in Million US$), 2017 & 2022
Figure 13: Global: Human Machine Interface (Hardware) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 14: Global: Human Machine Interface (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 15: Global: Human Machine Interface (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 16: Global: Human Machine Interface (Services) Market: Sales Value (in Million US$), 2017 & 2022
Figure 17: Global: Human Machine Interface (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 18: Global: Human Machine Interface (Embedded) Market: Sales Value (in Million US$), 2017 & 2022
Figure 19: Global: Human Machine Interface (Embedded) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 20: Global: Human Machine Interface (Standalone) Market: Sales Value (in Million US$), 2017 & 2022
Figure 21: Global: Human Machine Interface (Standalone) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 22: Global: Human Machine Interface (Motion HMI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 23: Global: Human Machine Interface (Motion HMI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 24: Global: Human Machine Interface (Bionic HMI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 25: Global: Human Machine Interface (Bionic HMI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 26: Global: Human Machine Interface (Tactile HMI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 27: Global: Human Machine Interface (Tactile HMI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 28: Global: Human Machine Interface (Optical HMI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 29: Global: Human Machine Interface (Optical HMI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 30: Global: Human Machine Interface (Acoustic HMI) Market: Sales Value (in Million US$), 2017 & 2022
Figure 31: Global: Human Machine Interface (Acoustic HMI) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 32: Global: Human Machine Interface (Packaging) Market: Sales Value (in Million US$), 2017 & 2022
Figure 33: Global: Human Machine Interface (Packaging) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 34: Global: Human Machine Interface (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 35: Global: Human Machine Interface (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 36: Global: Human Machine Interface (Automotive) Market: Sales Value (in Million US$), 2017 & 2022
Figure 37: Global: Human Machine Interface (Automotive) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 38: Global: Human Machine Interface (Pharmaceuticals) Market: Sales Value (in Million US$), 2017 & 2022
Figure 39: Global: Human Machine Interface (Pharmaceuticals) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 40: Global: Human Machine Interface (Utilities) Market: Sales Value (in Million US$), 2017 & 2022
Figure 41: Global: Human Machine Interface (Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 42: Global: Human Machine Interface (Metals and Mining) Market: Sales Value (in Million US$), 2017 & 2022
Figure 43: Global: Human Machine Interface (Metals and Mining) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 44: Global: Human Machine Interface (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 45: Global: Human Machine Interface (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 46: North America: Human Machine Interface Market: Sales Value (in Million US$), 2017 & 2022
Figure 47: North America: Human Machine Interface Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 48: Europe: Human Machine Interface Market: Sales Value (in Million US$), 2017 & 2022
Figure 49: Europe: Human Machine Interface Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 50: Asia Pacific: Human Machine Interface Market: Sales Value (in Million US$), 2017 & 2022
Figure 51: Asia Pacific: Human Machine Interface Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 52: Middle East and Africa: Human Machine Interface Market: Sales Value (in Million US$), 2017 & 2022
Figure 53: Middle East and Africa: Human Machine Interface Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 54: Latin America: Human Machine Interface Market: Sales Value (in Million US$), 2017 & 2022
Figure 55: Latin America: Human Machine Interface Market Forecast: Sales Value (in Million US$), 2023-2028


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