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Global Human Machine Interface (HMI) Solutions Industry
Wednesday, January 29, 2020

NEW YORK, Jan. 24, 2020 /PRNewswire/ --

The global market for Human Machine Interface (HMI) Solutions is projected to reach US$7.

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6 billion by 2025, driven by the emerging new digital era where humans and machine will work alongside each other. With growing penetration of artificial intelligence (AI) in every industrial sector, key to successful realization of the promised benefits of the technology lies in humans and machines working together as a cohesive team. For effective human machine collaboration, the importance of Human Machine Interface (HMI) cannot be overstated. A key growth driver in the market is the rapid pace of digital transformation which increasingly puts humans and machines together. Digitalization is defined as the use of digital technologies to transform business models in a manner that enables new value creation opportunities and opens up new revenue avenues for companies. Digitalization is longer an option for businesses but a necessity to compete in a changing world increasingly underscored by tough economic fundamentals. Virtually all businesses have embraced digitization and have begun the journey of digital transformation. Billions of dollars are being injected into the transformation process, opening up attractive opportunities for myriad allied markets that encompass semiconductors, hardware, software, cloud services, and platform providers, among others. Technologies at the forefront of this digital transformation include cloud computing, Internet of Things (IoT), Big Data, Data Analytics, Artificial Intelligence, Mobility/Social Media, Cybersecurity, 3D Printing, and Wearable Technology. Top industries at the forefront of digitalization include health & pharma, automotive, process and discrete manufacturing, oil and gas, telecom and finance.
- As budgets allotted for digital transformation become bigger, billions of dollars will need to be justified and their ROI measured. Companies will be under pressure to show benefits accruing from their growing technology budgets. The scenario is poised to benefit a wide range of markets for enabling hardware and software platforms including human machine interface (HMI). Digitalization means increased use of computers and digital machines. Their efficient use plays a major role in influencing ROI on CAPEX investments. In this regard, the importance of human machine interface (HMI) cannot be overstated. HMI is defined as a user interface through which humans can interact with machines. Up until now the Graphical User Interface (GUI) has been the dominant display format for signaling and controlling machines, automation systems, and process control systems. GUI will continue to dominate albeit in the midst of growing competition from improving Natural Language Processing (NLP) and voice based HMI. Beginning from simple punched cards, keypads, monitors, touchpads to the advanced panels of today, HMI has and continues to evolve towards the envisioned path of conversational HMI. The physical form factor of HMI also continues to evolve from machine installed HMI to wearable HMI, setting into motion the rise of HMI 4.0. A well designed HMI is absolutely critical in increasing the odds of making a successful digital transformation journey. Smart HMI systems help in reducing costs and increasing efficiency of automation projects implemented by companies. Smart HMIs will improve the efficiency with which workers interact with machines resulting in higher productivity in the use of the machine, which in turn translates into higher ROI for the company. HMI can make or break the success of all machines and devices ranging from consumer products, medical devices, industrial machines, military devices, cars to planes. The United States, Japan and Europe represent large markets worldwide with a combined share of 65.7% of the market. China ranks as the fastest growing market with a CAGR of 10.2% over the analysis period supported by the Chinese government's ambitious plans to empower the Chinese economy to become internationally competitive via digitalization.
- Competitors identified in this market include, among others, ABB Limited, Advantech Co. Ltd., American Industrial Systems Inc., Beijer Electronics Inc., Eaton Corporation Inc., Emerson Electric Co., Honeywell Process Solutions, Kontron S&T AG, Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Yokogawa Electric Corp.



Read the full report: https://www.reportlinker.com/p03180721/?utm_source=PRN

HUMAN MACHINE INTERFACE (HMI) SOLUTIONS MCP-7
MARKET ANALYSIS, TRENDS, AND FORECASTS, JANUARY 2
CONTENTS

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE



II. EXECUTIVE SUMMARY



1. MARKET OVERVIEW

In This Age of Digitalization, HMI Acquires New Significance
A Universal Feature for all Electronic & Digital Devices, HMI to Benefit from the Growing Momentum of Digital Transformation of Businesses: Global Digital Transformation Opportunity (In US$ Billion) for the Years 2019, 2021 and 2023


2. FOCUS ON SELECT PLAYERS

ABB Limited (Switzerland)
Advantech Co., Ltd. (Taiwan)
American Industrial Systems, Inc. (USA)
Beijer Electronics, Inc. (Sweden)
Eaton Corporation Inc. (USA)
Emerson Electric Co. (USA)
Honeywell Process Solutions (USA)
Kontron S&T AG (Germany)
Mitsubishi Electric Corporation (Japan)
Omron Corporation (Japan)
Rockwell Automation, Inc. (USA)
Schneider Electric SE (France)
Siemens AG (Germany)
Yokogawa Electric Corp. (Japan)


3. MARKET TRENDS & DRIVERS

Autonomy-Connectivity-Electrification-Electronification Spur the Importance of Easy-to-Use HMI in the Automotive Industry
Digital HMI to Witness Strong Penetration in the Automotive Instrument Cluster Market Still Dominated by Analog HMI: Global Automotive Instrument Cluster Market (In US$ Billion) by Type for the Years 2019, 2021, 2023
As In-Vehicle Connectivity & the Resulting Information Overload Floods the Car, Driver Focused HMI Emerges into the Spotlight
As In-Vehicle Connectivity Solutions Grow in Commercial Value, HMI Becomes a Key Engineering Essential Vital for the Successful Design of Safe Connected Cars: Global OEM Connected Car Solutions for Passenger Cars (In 000 Units) by Type for the Years 2018, 2020 and 2024
Digital Transformation in the Oil & Gas Industry Spurs Demand for Advanced Panel HMI
Growing Importance of Digital Oilfield Accelerates HMI Demand
Active Integration of IIoT and M2M Communication in Oil & Gas Infrastructure Widens Opportunities
As Digital Technologies Penetrate the Oil & Gas Industry to Relieve Cost & Efficiency Pressures, HMI Draws Increased Interest: Global Spending on Digital Oilfield Technologies (In US$ Billion) for the Years 2019, 2021 and 2023
Strong Penetration of Industrial Automation Concept Spurs Growth of HMI
Unprecedented Rise in Investments on Industrial Automation Brings HMI into the Spotlight for Controlling & Monitoring Machines & Processes: Global Industrial Automation Market (In US$ Billion) for the Years 2019, 2022, 2024 & 2026
HMI Technologies Take Center Stage in Industrial Automation Ecosystem
PC-based HMI Remains Popular in Industrial Environments
Evolution of IoT Drives Robust Innovation in HMI Technology
Growing IoT Ecosystem Across Industries Bring the Value of Intuitive HMI Designs Into the Spotlight: Global Number of IoT Connected Devices (In Billion) for the Years 2016, 2018, 2020, 2022 & 2025
Touchscreen Enhanced With Haptics & Ultra-Haptics: The Current Focus Area for Innovation
Haptics Facilitate Seamless Interaction with Virtual Models
UltraHaptics Bring In New Era of Touchless Screens
HD Haptics Emerge to Enhance User Experience
Rising Demand for Mobility and Efficiency: Strong Growth Driver for Mobile HMI Solutions
Multi-Modal HMI Gains in Popularity
Backlighting for HMI: "Light Guide Film Technology" in Focus
From Graphical User Interface to Natural Language User Interfaces, the Transition Has Begun
AR/VR Emerge as Attractive Technologies to Bridge the Current Human/Machine Gap
Augmented Reality Makes Inroads into the Automotive HMI Market with the Next Generation Automotive Grade Heads-Up Displays
AI Enabled HMI: From Science Fiction to Commercial Deployment
Intersection of Natural Language Processing (NLP) & Artificial Intelligence Marks the First Step Forward in Redefining HMI in the Age of Intelligence: Global AI in NLP (In US$ Billion) for the Years 2019, 2022 and 2024
Affective Computing: The Future of all Emotional Human-Machine Interactions
Developments in Affective Computing Bodes Well for the Development of Next Generation Futuristic Emotionally Aware HMI Solutions: Global Market for Affective Computing (In US$ Million) for the Years 2020, 2022 & 2024
Holographic HMI to Witness Strong Adoption in the Enterprise/ Industrial Sector
As the World Moves to the 3rd Wave of Mobility Called Productive Mobility as Evidenced by the Explosion of BYOW, Holographic HMI & Wearable HMI Will Witness Robust Growth & Adoption: Global Market for Enterprise Wearables (In US$ Million) for the Years 2015, 2017, 2020 and 2025
Chat Bots & Digital Assistants: A New Paradigm in HMI Waiting to Disrupt the Market
Expanding Implementation of Conversational Bots Underlines the Unleashing of Conversational UX as the HMI of the Future: Global Chatbot Market (In US$ Million) for the Years 2020, 2023, 2026 and 2028


4. GLOBAL MARKET PERSPECTIVE

Table 1: Human Machine Interface (HMI) Solutions Global Market Estimates and Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 2: Human Machine Interface (HMI) Solutions Global Retrospective Market Scenario in US$ Thousand by Region/Country: 2009-2017
Table 3: Human Machine Interface (HMI) Solutions Market Share Shift across Key Geographies Worldwide: 2009 VS 2019 VS 2025
Table 4: Display Terminals (Product) World Market by Region/Country in US$ Thousand: 2018 to 2025
Table 5: Display Terminals (Product) Historic Market Analysis by Region/Country in US$ Thousand: 2009 to 2017
Table 6: Display Terminals (Product) Market Share Breakdown of Worldwide Sales by Region/Country: 2009 VS 2019 VS 2025
Table 7: Interface Software (Product) Potential Growth Markets Worldwide in US$ Thousand: 2018 to 2025
Table 8: Interface Software (Product) Historic Market Perspective by Region/Country in US$ Thousand: 2009 to 2017
Table 9: Interface Software (Product) Market Sales Breakdown by Region/Country in Percentage: 2009 VS 2019 VS 2025
Table 10: Industrial PCs (Product) Geographic Market Spread Worldwide in US$ Thousand: 2018 to 2025
Table 11: Industrial PCs (Product) Region Wise Breakdown of Global Historic Demand in US$ Thousand: 2009 to 2017
Table 12: Industrial PCs (Product) Market Share Distribution in Percentage by Region/Country: 2009 VS 2019 VS 2025
Table 13: Other Products (Product) World Market Estimates and Forecasts by Region/Country in US$ Thousand: 2018 to 2025
Table 14: Other Products (Product) Market Historic Review by Region/Country in US$ Thousand: 2009 to 2017
Table 15: Other Products (Product) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025
Table 16: Automotive (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 17: Automotive (Application) Global Historic Analysis in US$ Thousand by Region/Country: 2009-2017
Table 18: Automotive (Application) Distribution of Global Sales by Region/Country: 2009 VS 2019 VS 2025
Table 19: Oil & Gas (Application) Sales Estimates and Forecasts in US$ Thousand by Region/Country for the Years 2018 through 2025
Table 20: Oil & Gas (Application) Analysis of Historic Sales in US$ Thousand by Region/Country for the Years 2009 to 2017
Table 21: Oil & Gas (Application) Global Market Share Distribution by Region/Country for 2009, 2019, and 2025
Table 22: Food & Beverages (Application) Global Opportunity Assessment in US$ Thousand by Region/Country: 2018-2025
Table 23: Food & Beverages (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2009-2017
Table 24: Food & Beverages (Application) Percentage Share Breakdown of Global Sales by Region/Country: 2009 VS 2019 VS 2025
Table 25: Healthcare (Application) Worldwide Sales in US$ Thousand by Region/Country: 2018-2025
Table 26: Healthcare (Application) Historic Demand Patterns in US$ Thousand by Region/Country: 2009-2017
Table 27: Healthcare (Application) Market Share Shift across Key Geographies: 2009 VS 2019 VS 2025
Table 28: Packaging (Application) Global Market Estimates & Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 29: Packaging (Application) Retrospective Demand Analysis in US$ Thousand by Region/Country: 2009-2017
Table 30: Packaging (Application) Market Share Breakdown by Region/Country: 2009 VS 2019 VS 2025
Table 31: Aerospace & Defense (Application) Demand Potential Worldwide in US$ Thousand by Region/Country: 2018-2025
Table 32: Aerospace & Defense (Application) Historic Sales Analysis in US$ Thousand by Region/Country: 2009-2017
Table 33: Aerospace & Defense (Application) Share Breakdown Review by Region/Country: 2009 VS 2019 VS 2025
Table 34: Other Applications (Application) Worldwide Latent Demand Forecasts in US$ Thousand by Region/Country: 2018-2025
Table 35: Other Applications (Application) Global Historic Analysis in US$ Thousand by Region/Country: 2009-2017
Table 36: Other Applications (Application) Distribution of Global Sales by Region/Country: 2009 VS 2019 VS 2025

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS
UNITED STATES
Table 37: United States Human Machine Interface (HMI) Solutions Market Estimates and Projections in US$ Thousand by Product: 2018 to 2025
Table 38: Human Machine Interface (HMI) Solutions Market in the United States by Product: A Historic Review in US$ Thousand for 2009-2017
Table 39: United States Human Machine Interface (HMI) Solutions Market Share Breakdown by Product: 2009 VS 2019 VS 2025
Table 40: United States Human Machine Interface (HMI) Solutions Latent Demand Forecasts in US$ Thousand by Application: 2018 to 2025
Table 41: Human Machine Interface (HMI) Solutions Historic Demand Patterns in the United States by Application in US$ Thousand for 2009-2017
Table 42: Human Machine Interface (HMI) Solutions Market Share Breakdown in the United States by Application: 2009 VS 2019 VS 2025
CANADA
Table 43: Canadian Human Machine Interface (HMI) Solutions Market Estimates and Forecasts in US$ Thousand by Product: 2
to 2025
Table 44: Canadian Human Machine Interface (HMI) Solutions Historic Market Review by Product in US$ Thousand: 2009-2017
Table 45: Human Machine Interface (HMI) Solutions Market in Canada: Percentage Share Breakdown of Sales by Product for 2009, 2019, and 2025
Table 46: Canadian Human Machine Interface (HMI) Solutions Market Quantitative Demand Analysis in US$ Thousand by Application: 2018 to 2025
Table 47: Human Machine Interface (HMI) Solutions Market in Canada: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2009-2017
Table 48: Canadian Human Machine Interface (HMI) Solutions Market Share Analysis by Application: 2009 VS 2019 VS 2025
JAPAN
Table 49: Japanese Market for Human Machine Interface (HMI) Solutions: Annual Sales Estimates and Projections in US$ Thousand by Product for the Period 2018-2025
Table 50: Human Machine Interface (HMI) Solutions Market in Japan: Historic Sales Analysis in US$ Thousand by Product for the Period 2009-2017
Table 51: Japanese Human Machine Interface (HMI) Solutions Market Share Analysis by Product: 2009 VS 2019 VS 2025
Table 52: Japanese Demand Estimates and Forecasts for Human Machine Interface (HMI) Solutions in US$ Thousand by Application: 2018 to 2025
Table 53: Japanese Human Machine Interface (HMI) Solutions Market in US$ Thousand by Application: 2009-2017
Table 54: Human Machine Interface (HMI) Solutions Market Share Shift in Japan by Application: 2009 VS 2019 VS 2025
CHINA
Table 55: Chinese Human Machine Interface (HMI) Solutions Market Growth Prospects in US$ Thousand by Product for the Period 2018-2025
Table 56: Human Machine Interface (HMI) Solutions Historic Market Analysis in China in US$ Thousand by Product: 2009-2017
Table 57: Chinese Human Machine Interface (HMI) Solutions Market by Product: Percentage Breakdown of Sales for 2009, 2019, and 2025
Table 58: Chinese Demand for Human Machine Interface (HMI) Solutions in US$ Thousand by Application: 2018 to 2025
Table 59: Human Machine Interface (HMI) Solutions Market Review in China in US$ Thousand by Application: 2009-2017
Table 60: Chinese Human Machine Interface (HMI) Solutions Market Share Breakdown by Application: 2009 VS 2019 VS 2025
EUROPE
Table 61: European Human Machine Interface (HMI) Solutions Market Demand Scenario in US$ Thousand by Region/Country: 2018-2025
Table 62: Human Machine Interface (HMI) Solutions Market in Europe: A Historic Market Perspective in US$ Thousand by Region/Country for the Period 2009-2017
Table 63: European Human Machine Interface (HMI) Solutions Market Share Shift by Region/Country: 2009 VS 2019 VS 2025
Table 64: European Human Machine Interface (HMI) Solutions Market Estimates and Forecasts in US$ Thousand by Product: 2018-2025
Table 65: Human Machine Interface (HMI) Solutions Market in Europe in US$ Thousand by Product: A Historic Review for the Period 2009-2017
Table 66: European Human Machine Interface (HMI) Solutions Market Share Breakdown by Product: 2009 VS 2019 VS 2025
Table 67: European Human Machine Interface (HMI) Solutions Addressable Market Opportunity in US$ Thousand by Application: 2018-2025
Table 68: Human Machine Interface (HMI) Solutions Market in Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2009-2017
Table 69: European Human Machine Interface (HMI) Solutions Market Share Analysis by Application: 2009 VS 2019 VS 2025
FRANCE
Table 70: Human Machine Interface (HMI) Solutions Market in France by Product: Estimates and Projections in US$ Thousand for the Period 2018-2025
Table 71: French Human Machine Interface (HMI) Solutions Historic Market Scenario in US$ Thousand by Product: 2009-2017
Table 72: French Human Machine Interface (HMI) Solutions Market Share Analysis by Product: 2009 VS 2019 VS 2025
Table 73: Human Machine Interface (HMI) Solutions Quantitative Demand Analysis in France in US$ Thousand by Application: 2018-2025
Table 74: French Human Machine Interface (HMI) Solutions Historic Market Review in US$ Thousand by Application: 2009-2017
Table 75: French Human Machine Interface (HMI) Solutions Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025
GERMANY
Table 76: Human Machine Interface (HMI) Solutions Market in Germany: Recent Past, Current and Future Analysis in US$ Thousand by Product for the Period 2018-2025
Table 77: German Human Machine Interface (HMI) Solutions Historic Market Analysis in US$ Thousand by Product: 2009-2017
Table 78: German Human Machine Interface (HMI) Solutions Market Share Breakdown by Product: 2009 VS 2019 VS 2025
Table 79: Human Machine Interface (HMI) Solutions Market in Germany: Annual Sales Estimates and Forecasts in US$ Thousand by Application for the Period 2018-2025
Table 80: German Human Machine Interface (HMI) Solutions Market in Retrospect in US$ Thousand by Application: 2009-2017
Table 81: Human Machine Interface (HMI) Solutions Market Share Distribution in Germany by Application: 2009 VS 2019 VS 2025
ITALY
Table 82: Italian Human Machine Interface (HMI) Solutions Market Growth Prospects in US$ Thousand by Product for the Period 2018-2025
Table 83: Human Machine Interface (HMI) Solutions Historic Market Analysis in Italy in US$ Thousand by Product: 2009-2017
Table 84: Italian Human Machine Interface (HMI) Solutions Market by Product: Percentage Breakdown of Sales for 2009, 2019, and 2025
Table 85: Italian Demand for Human Machine Interface (HMI) Solutions in US$ Thousand by Application: 2018 to 2025
Table 86: Human Machine Interface (HMI) Solutions Market Review in Italy in US$ Thousand by Application: 2009-2017
Table 87: Italian Human Machine Interface (HMI) Solutions Market Share Breakdown by Application: 2009 VS 2019 VS 2025
UNITED KINGDOM
Table 88: United Kingdom Market for Human Machine Interface (HMI) Solutions: Annual Sales Estimates and Projections in US$ Thousand by Product for the Period 2018-2025
Table 89: Human Machine Interface (HMI) Solutions Market in the United Kingdom: Historic Sales Analysis in US$ Thousand by Product for the Period 2009-2017
Table 90: United Kingdom Human Machine Interface (HMI) Solutions Market Share Analysis by Product: 2009 VS 2019 VS 2025
Table 91: United Kingdom Demand Estimates and Forecasts for Human Machine Interface (HMI) Solutions in US$ Thousand by Application: 2018 to 2025
Table 92: United Kingdom Human Machine Interface (HMI) Solutions Market in US$ Thousand by Application: 2009-2017
Table 93: Human Machine Interface (HMI) Solutions Market Share Shift in the United Kingdom by Application: 2009 VS 2019 VS 2025
REST OF EUROPE
Table 94: Rest of Europe Human Machine Interface (HMI) Solutions Market Estimates and Forecasts in US$ Thousand by Product: 2018-2025
Table 95: Human Machine Interface (HMI) Solutions Market in Rest of Europe in US$ Thousand by Product: A Historic Review for the Period 2009-2017
Table 96: Rest of Europe Human Machine Interface (HMI) Solutions Market Share Breakdown by Product: 2009 VS 2019 VS 2025
Table 97: Rest of Europe Human Machine Interface (HMI) Solutions Addressable Market Opportunity in US$ Thousand by Application: 2018-2025
Table 98: Human Machine Interface (HMI) Solutions Market in Rest of Europe: Summarization of Historic Demand in US$ Thousand by Application for the Period 2009-2017
Table 99: Rest of Europe Human Machine Interface (HMI) Solutions Market Share Analysis by Application: 2009 VS 2019 VS 2025
ASIA-PACIFIC
Table 100: Human Machine Interface (HMI) Solutions Market in Asia-Pacific by Product: Estimates and Projections in US$ Thousand for the Period 2018-2025
Table 101: Asia-Pacific Human Machine Interface (HMI) Solutions Historic Market Scenario in US$ Thousand by Product: 2009-2017
Table 102: Asia-Pacific Human Machine Interface (HMI) Solutions Market Share Analysis by Product: 2009 VS 2019 VS 2025
Table 103: Human Machine Interface (HMI) Solutions Quantitative Demand Analysis in Asia-Pacific in US$ Thousand by Application: 2018-2025
Table 104: Asia-Pacific Human Machine Interface (HMI) Solutions Historic Market Review in US$ Thousand by Application: 2009-2017
Table 105: Asia-Pacific Human Machine Interface (HMI) Solutions Market Share Analysis: A 17-Year Perspective by Application for 2009, 2019, and 2025
REST OF WORLD
Table 106: Rest of World Human Machine Interface (HMI) Solutions Market Estimates and Forecasts in US$ Thousand by Product: 2018 to 2025
Table 107: Rest of World Human Machine Interface (HMI) Solutions Historic Market Review by Product in US$ Thousand: 2009-2017
Table 108: Human Machine Interface (HMI) Solutions Market in Rest of World: Percentage Share Breakdown of Sales by Product for 2009, 2019, and 2025
Table 109: Rest of World Human Machine Interface (HMI) Solutions Market Quantitative Demand Analysis in US$ Thousand by Application: 2018 to 2025
Table 110: Human Machine Interface (HMI) Solutions Market in Rest of World: Summarization of Historic Demand Patterns in US$ Thousand by Application for 2009-2017
Table 111: Rest of World Human Machine Interface (HMI) Solutions Market Share Analysis by Application: 2009 VS 2019 VS 2025

IV. COMPETITION

Total Companies Profiled : 89 (including Divisions/Subsidiaries - 97)
Read the full report: https://www.reportlinker.com/p03180721/?utm_source=PRN

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