Press Resease

Human Machine Interface Market by Component (Hardware and Software) for Energy and Power, Oil and Gas, Healthcare, Automobiles, Aerospace and Defense and Other Applications: Global Industry Perspective, Comprehensive Analysis and Forecast, 2016-2022

Published Date: 08-Aug-2017 Category: Technology & Media Report Format : PDF Pages: 110 Report Code: ZMR-2023 Status : Published

Global human machine interface market expected to reach USD 5.70 billion by 2022, growing at a CAGR of slightly above 8.80% between 2017 and 2022.

Description

The report covers forecast and analysis for the human machine interface market on a global and regional level. The study provides historic data of 2014-2016 along with a forecast from 2017 to 2022 based on revenue (USD Billion). The study includes drivers and restraints for the human machine interface market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the human machine interface market on a global level.

This report offers comprehensive coverage on global human machine interface market along with, market trends, drivers, and restraints of the human machine interface market. This report included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter’s five forces model for the human machine interface market has also been included. The study encompasses a market attractiveness analysis, wherein all segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases, secondary and primary research team of industry experts.

Global Human Machine Interface Market

The study provides a decisive view on the human machine interface market by segmenting the market based on component, configuration type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022. On the basis of the component, the market is segmented by hardware and software. By type, the market is segmented by stand-alone HMI, embedded HMI. On the basis of Application wise, the human machine interface market is segmented into energy & power, oil & gas, healthcare, automobiles, aerospace defense and others. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global human machine interface market include Emerson Electric Corp., Honeywell International Inc., Rockwell Automation Inc., ABB Ltd., General Electric Co., Omron Corp.,  Siemens AG, and Eaton Corp., Rittal GmbH & Co, WECON Type  Co. Ltd, Interlink Electronics, Inc., Panasonic Corp., EAO AG, among others.

The report segments global human machine interface market as follows:

Global Human Machine Interface Market: Component Segment Analysis

  • Hardware
  • Software

Global Human Machine Interface Market: Type Segment Analysis

  • Stand-Alone HMI
  • Embedded HMI

Global Human Machine Interface Market: Application Segment Analysis

  • Energy and Power
  • Oil and Gas
  • Healthcare
  • Automobiles
  • Aerospace and Defense
  • Others

Global Human Machine Interface Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Table Of Content

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global human machine interface market, 2014 - 2022, (USD Billion)
    • 2.2. Human machine interface market: Market snapshot
  • Chapter 3. Global Human Machine Interface Market – Industry Analysis
    • 3.1. Human machine interface market: Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Rising adoption of human machine interface in various applications
      • 3.2.2. Increasing need of efficiency and monitoring in manufacturing plants
    • 3.3. Restraints
      • 3.3.1. Complex designing structure
      • 3.3.2. High installation cost
    • 3.4. Opportunity
      • 3.4.1. Rising application in automotive sector
      • 3.4.2. Technological advancement
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by component segment
      • 3.6.2. Market attractiveness analysis by configuration type segment
      • 3.6.3. Market attractiveness analysis by application segment
      • 3.6.4. Market attractiveness analysis by regional segment
  • Chapter 4. Global Human Machine Interface Market - Competitive Landscape
    • 4.1. Company market share analysis, 2016 (Subject to data availability)
  • Chapter 5. Global Human Machine Interface Market –Component Segment Analysis
    • 5.1. Global human machine interface market revenue share, by component, 2016 & 2022
    • 5.2. Global human machine interface market by hardware, 2014-2022(USD Billion)
    • 5.3. Global human machine interface market by software, 2014-2022(USD Billion)
  • Chapter 6. Global Human Machine Interface Market–Configuration Type Segment Analysis
    • 6.1. Global human machine interface market revenue share, by configuration type , 2016 & 2022
    • 6.2. Global human machine interface market by stand-alone HMI, 2014-2022(USD Billion)
    • 6.3. Global human machine interface market by embedded HMI, 2014-2022(USD Billion)
  • Chapter 7. Global Human Machine Interface Market–Application Segment Analysis
    • 7.1. Global human machine interface market revenue share, by application 2016 & 2022
    • 7.2. Global human machine interface market for energy and power, 2014-2022(USD Billion)
    • 7.3. Global human machine interface market for oil and gas, 2014-2022(USD Billion)
    • 7.4. Global human machine interface market for healthcare, 2014-2022(USD Billion)
    • 7.5. Global human machine interface market for automobiles,2014– 2022 (USD Billion)
    • 7.6. Global human machine interface market for aerospace and defense,2014– 2022 (USD Billion)
    • 7.7. Global human machine interface market for others, 2014 – 2022 (USD Billion)
  • Chapter 8. Global Human Machine Interface Market - Regional Analysis
    • 8.1. Global human machine interface market: Regional overview
      • 8.1.1. Global human machine interface market revenue share, by region, 2016 and 2022
    • 8.2. North America
      • 8.2.1. North America human machine interface market revenue, by component, 2014 – 2022 (USD Billion)
      • 8.2.2. North America human machine interface market revenue, by configuration type, 2014 – 2022 (USD Billion)
      • 8.2.3. North America human machine interface market revenue, by application, 2014 – 2022 (USD Billion)
    • 8.3. Europe
      • 8.3.1. Europe human machine interface market revenue, by component, 2014 – 2022 (USD Billion)
      • 8.3.2. Europe human machine interface market revenue, by configuration type , 2014 – 2022 (USD Billion)
      • 8.3.3. Europe human machine interface market revenue, by application, 2014– 2022 (USD Billion)
    • 8.4. Asia Pacific
      • 8.4.1. Asia-Pacific human machine interface market revenue, by component , 2014 – 2022 (USD Billion)
      • 8.4.2. Asia-Pacific human machine interface market revenue, by configuration type , 2014 – 2022 (USD Billion)
      • 8.4.3. Asia-Pacific human machine interface market revenue, by application, 2014 – 2022 (USD Billion)
    • 8.5. Latin America
      • 8.5.1. Latin America human machine interface market revenue, by component , 2014– 2022 (USD Billion)
      • 8.5.2. Latin America human machine interface market revenue, by configuration type, 2014– 2022 (USD Billion)
      • 8.5.3. Latin America human machine interface market revenue, by application, 2014– 2022 (USD Billion)
    • 8.6. Middle East & Africa
      • 8.6.1. Middle East & Africa human machine interface market revenue, by component , 2014 – 2022 (USD Billion)
      • 8.6.2. Middle East & Africa human machine interface market revenue, by configuration type , 2014 – 2022 (USD Billion)
      • 8.6.3. Middle East & Africa human machine interface market revenue, by application, 2014 – 2022 (USD Billion)
  • Chapter 9. Company Profiles
    • 9.1. Emerson Electric Corp.
      • 9.1.1. Overview
      • 9.1.2. Financials
      • 9.1.3. Product portfolio
      • 9.1.4. Business strategy
      • 9.1.5. Recent developments
    • 9.2. Honeywell International Inc.
      • 9.2.1. Overview
      • 9.2.2. Financials
      • 9.2.3. Product portfolio
      • 9.2.4. Business strategy
      • 9.2.5. Recent developments
    • 9.3. Rockwell Automation Inc.
      • 9.3.1. Overview
      • 9.3.2. Financials
      • 9.3.3. Product portfolio
      • 9.3.4. Business strategy
      • 9.3.5. Recent developments
    • 9.4. ABB Ltd
      • 9.4.1. Overview
      • 9.4.2. Financials
      • 9.4.3. Product portfolio
      • 9.4.4. Business strategy
      • 9.4.5. Recent developments
    • 9.5. General Electric Co.
      • 9.5.1. Overview
      • 9.5.2. Financials
      • 9.5.3. Product portfolio
      • 9.5.4. Business strategy
      • 9.5.5. Recent development
    • 9.6. Omron Corp.
      • 9.6.1. Overview
      • 9.6.2. Financials
      • 9.6.3. Product portfolio
      • 9.6.4. Business strategy
      • 9.6.5. Recent developments
    • 9.7. Siemens AG
      • 9.7.1. Overview
      • 9.7.2. Financials
      • 9.7.3. Product portfolio
      • 9.7.4. Business strategy
      • 9.7.5. Recent developments
    • 9.8. Eaton Corp.
      • 9.8.1. Overview
      • 9.8.2. Financials
      • 9.8.3. Product portfolio
      • 9.8.4. Business strategy
      • 9.8.5. Recent developments
    • 9.9. Rittal GmbH & Co
      • 9.9.1. Overview
      • 9.9.2. Financials
      • 9.9.3. Product portfolio
      • 9.9.4. Business strategy
      • 9.9.5. Recent developments
    • 9.10. WECON Technology Co.Ltd
      • 9.10.1. Overview
      • 9.10.2. Financials
      • 9.10.3. Product portfolio
      • 9.10.4. Business strategy
      • 9.10.5. Recent developments
    • 9.11. Interlink Electronics, Inc
      • 9.11.1. Overview
      • 9.11.2. Financials
      • 9.11.3. Product portfolio
      • 9.11.4. Business strategy
      • 9.11.5. Recent developments
    • 9.12. Panasonic Corp
      • 9.12.1. Overview
      • 9.12.2. Financials
      • 9.12.3. Product portfolio
      • 9.12.4. Business strategy
      • 9.12.5. Recent developments
    • 9.13. EAO AG.
      • 9.13.1. Overview
      • 9.13.2. Financials
      • 9.13.3. Product portfolio
      • 9.13.4. Business strategy
      • 9.13.5. Recent developments

Methodology

This report is based on in-depth qualitative and quantitative analyses of the global Human Machine Interface market. Zion Research has collected and analyzed key data belong to the global Human Machine Interface market using a variety of methods. Quantitative analysis has been done following various projection and sampling techniques.

The qualitative analysis involved primary interviews, surveys, and vendor briefings. The data gathered as a result of these processes were validated through experts' opinions. The market dynamics have been determined after conducting a detailed study of the micro and macroeconomic indicators of the market.

Various parameters have been taken into account, while estimating market size. The revenue generated by the leading industry participants in from the sales of Human Machine Interface across the world has been calculated through primary and secondary research.

Zion Research employs the combination of secondary research followed by extensive primary research. Under secondary research, we refer to prominent paid as well as open access data sources including product literature, company annual reports, government publications, press releases, industry association’s magazines and other relevant sources for data collection. Other prominent secondary sources include STATISTA, trade journals, trade associations, statistical data from government websites, etc. 

For this study, Zion Research has conducted all-encompassing primary research with key industry participants to collect first had data. Moreover, in-depth interviews with key opinion leaders also assisted in validation of findings from secondary research and to understand key trends in the Human Machine Interface industry. Primary research makes up the major source of data collection and validation.   

Primary Research

We conduct primary interviews with industry participants and commentators on an ongoing basis to validate data and analysis. A typical research interview fulfills the following functions:

  • Provides firsthand information on market size, market trends, growth trends, competitive landscape, outlook, etc.
  • Helps in validating and strengthening the secondary research findings
  • Further, develops the analysis team’s expertise and market understanding
  • Primary research involves e-mail interactions, telephonic interviews as well as face-to-face interviews for each market, category, segment and sub-segment across geographies

Participants who typically participate in such a process include, but are not limited to:

  • Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers and national sales managers
  • Purchasing managers, technical personnel, distributors and resellers
  • Outside experts: Investment bankers, valuation experts and research analysts specializing in specific markets

Key opinion leaders specializing in different areas corresponding to different industry verticals

Secondary Research

Secondary research sources that are typically referred to include, but are not limited to:

  • Company websites, annual reports, financial reports, broker reports, investor presentations and SEC filings
  • IDC and other relevant magazines
  • Internal and external proprietary databases, and relevant patent and regulatory databases
  • National government documents, statistical databases and market reports

News articles, press releases and webcasts specific to companies operating in the market

Following a comprehensive secondary and primary research and insights thus gathered, analysts at Zion Research have provided an in-depth analysis of various aspects of the Human Machine Interface market.

Models

Where no hard data is available, we use models and estimates to produce comprehensive data sets. A rigorous methodology is adopted, wherein the available hard data is cross-referenced with the following data types to produce estimates:

  • Demographic data: Population split by segments
  • Macroeconomic indicators: GDP, PPP, Per Capita Income, etc.
  • Industry indicators: Expenditure, technology stage and infrastructure, sector growth and facilities
  • Data is then cross-checked by an expert panel.

Free Analysis

Human machine interface (HMI) is software for information exchange between users and electromechanical systems. Some of the examples of HMI are rubber keypad, touch screen, membrane switches, interface software, etc. Due to growth in factory automation, technological needs, Smartphone, tablets and computer users, the demand for human machine interface is increasing. The major factors are driving the growth of HMI market is growing automation in manufacturing industries.  Integration of analytics software with products will be expected to improve productivity and quality thereby spurring demand. However, high cost associated with installation is anticipated to pose the demand of HMI market. Nonetheless, continuous updating and upgrade of computer processors are also estimated to substitute traditional systems which will increase product demand. Advancement in broadband access technology is also expected to offer significant growth in coming years.

Human interface market is segmented by component, configuration type, application, and region. On the basis of the component, the market is segmented into hardware and software. By configuration type, the market is divided into stand-alone HMI and embedded HMI. Due to increasing adoption of the embedded HMI solutions in process industry such as in chemical and pharmaceuticals industries is impelling the growth of hardware segment. 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. Increasing demand of mobile HMI is driving the growth of the advanced panel-based human machine interface 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. Application segment is further divided into energy & power, oil & gas, healthcare, automobiles, aerospace defense and others. Increasing shale oil extraction significantly in North America will be expected to increase the need for industrial automation. Increasing usage of advanced technology in automobile sector has transformed the car dashboard layout to more flexible, dynamic and adaptable design is driving the growth of HMI market.

North America human machine interface market is estimated to emerge as a dominant segment due to increase in a number of automation projects over the forecast period.  Europe is projected to exhibit steady growth for HMI market over the forecast period. Due to rapid industrialization in developing countries such as China, Japan, India is expected to give momentum to this market in Asia Pacific region. Latin America and Middle East & Africa are expected considerable growth in coming years for HMI market.

Emerson Electric Corp., Honeywell International Inc., Rockwell Automation Inc., ABB Ltd., General Electric Co., Rittal GmbH & Co, WECON Technology Co. Ltd, Interlink Electronics, Inc., Panasonic Corp., EAO AG, Omron Corp., Siemens AG, and Eaton Corp. are the major human machine interface suppliers.

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