Emergen Research has published a novel research report titled, “Global Human Machine Interface Market Forecast to 2030”. The report sheds light on the current as well as upcoming market trends. The report offers precise information about pricing, capacity, value, gross revenue, and profit of the market. The primary aim of the report is to offer in depth details about market size, revenue growth and overall market dynamics to readers, stakeholders, companies to strengthen their share in the global Human Machine Interface Market. It also provides in depth information about key factors, restraints, limitations, challenges along with various market segmentations such as product type, application and regional bifurcation.
The global Human Machine Interface (HMI) market size reached USD 4.60 Billion in 2021 and is expected to register a revenue CAGR of 8.1% during the forecast period. Rising popularity of Internet of Things (IoT) and cloud computing in industrial settings is a major factor driving market revenue growth.
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In addition, rising adoption of connected mobile phone usage in vehicles for communication and navigation is another factor driving revenue growth of the market. Navigation, entertainment, and infotainment system require HMI systems coupled with hardware and software, to provide smooth human engagement with automated systems in automobiles, which is causing rising demand for HMI. Furthermore, improvements in corporate resource handling systems, alerting, receiving, and transmitting information, and Supervisory Control And Data Acquisition (SCADA) are also driving market revenue growth.
Global Human Machine Interface Market Report – Table of Contents:
Chapter 1 includes the global Human Machine Interface market introduction, followed by the market scope, product offerings, growth opportunities, market risks, driving forces, and others.
Chapter 2 broadly categorizes the Human Machine Interface market on the basis of geography, and determines the sales, revenue, and market shares of each region over the estimated period.
Chapter 3 elaborates on the competitive outlook of the Human Machine Interface market, focusing on the major manufacturers and vendor landscape.
Chapter 4 exhaustively studies the key manufacturers of the Human Machine Interface industry, along with their anticipated sales and revenue shares.
Chapters 5 includes market segmentation based on product type, application range, and market players.
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Global Human Machine Interface Market Segmentation:
Product Outlook (Revenue, USD Billion; 2019–2030)
- Hardware
- Software
- Services
Configuration Outlook (Revenue, USD Billion; 2019–2030)
- Embedded HMI
- Standalone HMI
Industry Type Outlook (Revenue, USD Billion; 2019–2030)
- Chemical Petrochemical
- Paper Pulp
- Water Wastewater Treatment
- Energy Utilities
- Oil Gas
- Healthcare
- Food Beverages
- Automotive
- Others
Competitive Outlook:
The global Human Machine Interface market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. The global Human Machine Interface market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers acquisitions, new product launches, and joint ventures.
Some of the key participants in this industry include:
Rockwell Automation, Inc., ABB, Siemens, Honeywell International Inc., Advantech Co., Ltd., Emerson Electric Co., General Electric, Mitsubishi Electric Corporation, Yokogawa India Ltd., and Schneider Electric
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Regional segmentation comprises of a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia Pacific, Latin America, and Middle East Africa.
Regional Outlook of Human Machine Interface Market:
North America
U.S.
Canada
Mexico
Europe
Germany
U.K.
Italy
France
BENELUX
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Rest of APAC
Latin America
Brazil
Rest of LATAM
Middle East Africa
Saudi Arabia
U.A.E.
South Africa
Rest of MEA
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