Human Machine Interface Market worth US$6.286 billion by 2026
Knowledge Sourcing Intelligence announces the publication of a new analysis report on the “Human Machine interface market” – Forecast from 2019 to 2026”.
The prime factor driving the growth of the Human machine interface market is rising modernization, it develops the technologies, which makes the process of human-machine interface simpler for handling. The industrial adoption of HMI also facilitates and drives the market growth of “Human machine interface” during the forecasted period.
As per the report, the Human Machine Interface Market is projected to grow at a CAGR of 6.20% to reach US$6.286 billion by 2026, from US$4.125 billion in 2019.
Human-machine interface is an advanced system that enables the connection between the user and the machine system. The human machine interface system is mainly developed for the conversion of human language or instructions into the form of machine language for smoother and simpler communication between the machine system and user. HMI is also a facility that ensures more worker and operational safety. Handling of hazardous and dangerous heavy machines can be also easily done with the support and help of the HMI system. The developments and advancements taking place in the field of technology and science is making the adaption of varied modern equipment’s across several industries easily combined with HMI system. The industrial adoption of HMI also facilitating and boosting the market growth of “Human-machine interface “in the global market.
Based on component type “The human machine interface system” can be segmented as hardware and software. Hardware is the mechanical or machine section of HMI system. The hardware adaptation of HMI system is mainly employed in large mechanical companies and production or manufacturing sectors. The hardware type of system is enabling the HMI system to support and handle heavy hazardous machine operating systems in the industry. The HMI system focused on software type mainly helps and facilitates in human machine communication section.
Based on screen size is one of the major segmentation criteria of Human machine interface system. Depending on screen size HMI system is available on different sizes. The major types of screen size include, between 5.1” and 9”, between 9.1” and 13”, between 1” and 5”, between 13.1” and 17” and more than 17. The type and size of the screen is one of the major factors that make the HMI system user-friendly.
Based on end-user type the HMI system is classified or segmented in different sections like Water and wastewater, Automotive, Oil and Gas, Utilities, Healthcare, Consumer Electronics, manufacturing, energy and power and transportation.
Based on geography segmentation, the market of Human machine interface system is segmented into North America, South America, Europe, Middle East and Africa, Asia pacific and others. The North American HMI market is holding a lion share of market value in the global HMI market. Followed by Europe and Asia pacific.
As a part of the report, the major players operating in the Human-machine interface market, that have been covered are Rockwell Automation, Schneider Electric, ABB, Siemens, Honeywell International Inc., General Electric, Yokogawa India Ltd., Kontron S&T Group, Mitsubishi Electric Corporation, Omron Corporation.
View a sample of the report or purchase the complete study at https://www.knowledge-sourcing.com/report/human-machine-interface-hmi-market
This analytics report segments the Human-machine interface market on the following basis
- By component Type
- 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 End-User Industry
- Energy and Power
- Water and wastewater
- Oil and Gas
- Consumer Electronics
- By Geography
- North America
- South America
- United Kingdom
- The Middle East and Africa
- Saudi Arabia
- South Africa
- Asia Pacific
- South Korea
- North America
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