DUBLIN, June 3, 2021 /PRNewswire/ — The “Human Machine Interface Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The global human machine interface market exhibited strong growth during 2015-2020. 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. Looking forward, the global human machine interface market is expected to grow at a CAGR of around 9% during the forecast period (2021-2026).
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.
This 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 human machine interface market in any manner.
Competitive Landscape:
The report has also analyzed the competitive landscape of the market with some of the key players being ABB, Mitsubishi Electric, Honeywell International Inc, Rockwell Automation, Schneider Electric, Siemens AG, General Electric, Robert Bosch GmbH, Kontron AG, Yokogawa Electric, Advantech Co. Ltd., Texas Instruments, 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 type?
- 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?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Human Machine Interface Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Component
5.5 Market Breakup by Configuration
5.6 Market Breakup by Technology Type
5.7 Market Breakup by End Use Industry
5.8 Market Breakup by Region
5.9 Market Forecast
6 Market Breakup by Component
6.1 Hardware
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
6.2 Software
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
6.3 Services
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Configuration
7.1 Embedded
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Standalone
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Technology Type
8.1 Motion HMI
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Bionic HMI
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Tactile HMI
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Optical HMI
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Acoustic HMI
8.5.1 Market Trends
8.5.2 Market Forecast
9 Market Breakup by End Use Industry
9.1 Packaging
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Food and Beverage
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Automotive
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Pharmaceuticals
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Utilities
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Metals and Mining
9.6.1 Market Trends
9.6.2 Market Forecast
9.7 Others
9.7.1 Market Trends
9.7.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Europe
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Asia Pacific
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Middle East and Africa
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 Latin America
10.5.1 Market Trends
10.5.2 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porter’s Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB
14.3.2 Mitsubishi Electric
14.3.3 Honeywell International Inc
14.3.4 Rockwell Automation
14.3.5 Schneider Electric
14.3.6 Siemens AG
14.3.7 General Electric
14.3.8 Robert Bosch GmbH
14.3.9 Kontron AG
14.3.10 Yokogawa Electric
14.3.11 Advantech Co. Ltd.
14.3.12 Texas Instruments
14.3.13 Eaton Corporation
For more information about this report visit https://www.researchandmarkets.com/r/z903ha
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