Global Human Machine Interface Market Size Study & Forecast, by Product (Hardware, Software), by Configuration (Embedded HMI, Standalone HMI), by Industry (Process Industry, Discrete Industry), and Regional Analysis, 2023-2030

Description

List of Tables

Global Human Machine Interface Market is valued at approximately USD 4.9 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 8.1% over the forecast period 2023-2030. Human Machine Interface (HMI) is the technology or system that enables communication and interaction between humans and machines. It acts as a link between the user and the device, allowing users to regulate and maintain various functions on a device or system. The HMI's main objective is to offer a simple, user-friendly interface that allows people to communicate with complicated machinery or systems. Users enter instructions, get responses, and keep tabs on the computer or system's performance. The growing focus on real-time data analysis and predictive maintenance, the rising shift toward Industry 4.0, and the increasing adoption of IoT, coupled with the strategic initiatives by governments to promote the adoption of operational technologies are the key factors that are fueling the market demand across the world.

In addition, the surging adoption of industrial automation is playing a vital role in bolstering market growth at a considerable rate. The rising trend of industrial automation across various sectors, including manufacturing, energy, and automotive, is driving the demand for advanced HMIs. HMIs play a crucial role in controlling and monitoring automated processes, improving operational efficiency, and reducing human errors. According to Statista, the industrial automation market was valued at USD 175 billion globally in 2020 and is expected to increase to USD 265 billion by 2025. Consequentially, these aforementioned factors are directly associated with the demand for the human machine interface to interact with complex machines or systems in a simplified manner, which, in turn, accelerates the market growth. Moreover, the rising adoption of emerging technologies such as IoT and cloud computing in industrial environments as well as increasing demand for safety compliance automation solutions, present various lucrative opportunities over the forecast years. However, the lack of standardization in industrial communication protocols and interfaces and the increasing security risks associated with cloud-HMI platforms are challenging the market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Human Machine Interface Market study include Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the rising trend of industrial automation across various sectors, including manufacturing, energy, and automotive, which is driving the demand for advanced HMIs. Additionally, growing emphasis on intuitive and user-friendly interfaces, coupled with technological advancements such as artificial intelligence, Internet of Things (IoT), virtual reality, and augmented reality are further enhancing the capabilities of HMIs. Whereas, Asia Pacific is expected to grow at the highest CAGR over the forecast years. The growing focus on safety and ergonomics, surging demand for automotive HMIs, and increasing industrial automation are significantly impelling the market demand across the region.

Major market players included in this report are:

Rockwell Automation Inc. (US)
ABB (Switzerland)
Siemens AG (Germany)
Schneider Electric SE (France)
Honeywell International Inc. (US)
Advantech Co., Ltd. (Taiwan)
Emerson Electric Co. (US)
General Electric Co. (US)
Mitsubishi Electric Corporation (Japan)
Yokogawa Electric Corporation (Japan)

Recent Developments in the Market:

In May 2021, Mitsubishi Electric announced the introduction of two new Graphic Operation Terminals (GOTs). These GOTs are the newest additions to the company's GOT2000 Series Wide Model lineup and are designed to help customers who require a wider screen to view more data about factory, process, utility, and other automation applications.
In October 2020, The Progea Group, a top supplier of HMI, SCADA, and PLC systems, was acquired by Emerson Electric Co. The objective of this acquisition is to provide additional resources and expertise, as well as the potential to offer clients of Emerson complete hardware and software solutions.

Global Human Machine Interface Market Report Scope:

Historical Data: 2020 - 2021
Base Year for Estimation: 2022
Forecast period: 2023-2030
Report Coverage: Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered: Product, Configuration, Industry, Region
Regional Scope: North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope: Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below.

By Product:

Hardware
Software

By Configuration:

Embedded HMI
Standalone HMI

By Industry:

Process Industry
Discrete Industry

By Region:

North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
- 1.2.1. Human Machine Interface Market, by Region, 2020-2030 (USD Billion)
- 1.2.2. Human Machine Interface Market, by Product, 2020-2030 (USD Billion)
- 1.2.3. Human Machine Interface Market, by Configuration, 2020-2030 (USD Billion)
- 1.2.4. Human Machine Interface Market, by Industry, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Human Machine Interface Market Definition and Scope

2.1. Objective of the Study
2.2. Market Definition & Scope
- 2.2.1. Industry Evolution
- 2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

Chapter 3. Global Human Machine Interface Market Dynamics

3.1. Human Machine Interface Market Impact Analysis (2020-2030)
- 3.1.1. Market Drivers
  - 3.1.1.1. Increasing focus on real-time data analysis and predictive maintenance
  - 3.1.1.2. Surging adoption of industrial automation
- 3.1.2. Market Challenges
  - 3.1.2.1. Lack of standardization in industrial communication protocols and interfaces
  - 3.1.2.2. Increasing security risks associated with cloud-HMI platform
- 3.1.3. Market Opportunities
  - 3.1.3.1. Increasing demand for safety compliance automation solutions
  - 3.1.3.2. Growing adoption of emerging technologies such as IoT and cloud computing in industrial environments

Chapter 4. Global Human Machine Interface Market Industry Analysis

4.1. Porter's 5 Force Model
- 4.1.1. Bargaining Power of Suppliers
- 4.1.2. Bargaining Power of Buyers
- 4.1.3. Threat of New Entrants
- 4.1.4. Threat of Substitutes
- 4.1.5. Competitive Rivalry
4.2. Porter's 5 Force Impact Analysis
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economical
- 4.3.3. Social
- 4.3.4. Technological
- 4.3.5. Environmental
- 4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

Chapter 5. Global Human Machine Interface Market, by Product

5.1. Market Snapshot
5.2. Global Human Machine Interface Market by Product, Performance - Potential Analysis
5.3. Global Human Machine Interface Market Estimates & Forecasts by Product 2020-2030 (USD Billion)
5.4. Human Machine Interface Market, Sub Segment Analysis
- 5.4.1. Hardware
- 5.4.2. Software

Chapter 6. Global Human Machine Interface Market, by Configuration

6.1. Market Snapshot
6.2. Global Human Machine Interface Market by Configuration, Performance - Potential Analysis
6.3. Global Human Machine Interface Market Estimates & Forecasts by Configuration 2020-2030 (USD Billion)
6.4. Human Machine Interface Market, Sub Segment Analysis
- 6.4.1. Embedded HMI
- 6.4.2. Standalone HMI

Chapter 7. Global Human Machine Interface Market, by Industry

7.1. Market Snapshot
7.2. Global Human Machine Interface Market by Industry, Performance - Potential Analysis
7.3. Global Human Machine Interface Market Estimates & Forecasts by Industry 2020-2030 (USD Billion)
7.4. Human Machine Interface Market, Sub Segment Analysis
- 7.4.1. Process Industry
- 7.4.2. Discrete Industry

Chapter 8. Global Human Machine Interface Market, Regional Analysis

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Human Machine Interface Market, Regional Market Snapshot
8.4. North America Human Machine Interface Market
- 8.4.1. U.S. Human Machine Interface Market
  - 8.4.1.1. Product breakdown estimates & forecasts, 2020-2030
  - 8.4.1.2. Configuration breakdown estimates & forecasts, 2020-2030
  - 8.4.1.3. Industry breakdown estimates & forecasts, 2020-2030
- 8.4.2. Canada Human Machine Interface Market
8.5. Europe Human Machine Interface Market Snapshot
- 8.5.1. U.K. Human Machine Interface Market
- 8.5.2. Germany Human Machine Interface Market
- 8.5.3. France Human Machine Interface Market
- 8.5.4. Spain Human Machine Interface Market
- 8.5.5. Italy Human Machine Interface Market
- 8.5.6. Rest of Europe Human Machine Interface Market
8.6. Asia-Pacific Human Machine Interface Market Snapshot
- 8.6.1. China Human Machine Interface Market
- 8.6.2. India Human Machine Interface Market
- 8.6.3. Japan Human Machine Interface Market
- 8.6.4. Australia Human Machine Interface Market
- 8.6.5. South Korea Human Machine Interface Market
- 8.6.6. Rest of Asia Pacific Human Machine Interface Market
8.7. Latin America Human Machine Interface Market Snapshot
- 8.7.1. Brazil Human Machine Interface Market
- 8.7.2. Mexico Human Machine Interface Market
8.8. Middle East & Africa Human Machine Interface Market
- 8.8.1. Saudi Arabia Human Machine Interface Market
- 8.8.2. South Africa Human Machine Interface Market
- 8.8.3. Rest of Middle East & Africa Human Machine Interface Market

Chapter 9. Competitive Intelligence

9.1. Key Company SWOT Analysis
- 9.1.1. Company 1
- 9.1.2. Company 2
- 9.1.3. Company 3
9.2. Top Market Strategies
9.3. Company Profiles
- 9.3.1. Rockwell Automation Inc. (US)
  - 9.3.1.1. Key Information
  - 9.3.1.2. Overview
  - 9.3.1.3. Financial (Subject to Data Availability)
  - 9.3.1.4. Product Summary
  - 9.3.1.5. Recent Developments
- 9.3.2. ABB (Switzerland)
- 9.3.3. Siemens AG (Germany)
- 9.3.4. Schneider Electric SE (France)
- 9.3.5. Honeywell International Inc. (US)
- 9.3.6. Advantech Co., Ltd. (Taiwan)
- 9.3.7. Emerson Electric Co. (US)
- 9.3.8. General Electric Co. (US)
- 9.3.9. Mitsubishi Electric Corporation (Japan)
- 9.3.10. Yokogawa Electric Corporation (Japan)

Chapter 10. Research Process

10.1. Research Process
- 10.1.1. Data Mining
- 10.1.2. Analysis
- 10.1.3. Market Estimation
- 10.1.4. Validation
- 10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Human Machine Interface Market, report scope
TABLE 2. Global Human Machine Interface Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Human Machine Interface Market estimates & forecasts by Product 2020-2030 (USD Billion)
TABLE 4. Global Human Machine Interface Market estimates & forecasts by Configuration 2020-2030 (USD Billion)
TABLE 5. Global Human Machine Interface Market estimates & forecasts by Industry 2020-2030 (USD Billion)
TABLE 6. Global Human Machine Interface Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Human Machine Interface Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Human Machine Interface Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Human Machine Interface Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Human Machine Interface Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Human Machine Interface Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Human Machine Interface Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Human Machine Interface Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Human Machine Interface Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Human Machine Interface Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Human Machine Interface Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Human Machine Interface Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Human Machine Interface Market
TABLE 71. List of primary sources, used in the study of global Human Machine Interface Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Human Machine Interface Market, research methodology
FIG 2. Global Human Machine Interface Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Human Machine Interface Market, key trends 2022
FIG 5. Global Human Machine Interface Market, growth prospects 2023-2030
FIG 6. Global Human Machine Interface Market, porters 5 force model
FIG 7. Global Human Machine Interface Market, pest analysis
FIG 8. Global Human Machine Interface Market, value chain analysis
FIG 9. Global Human Machine Interface Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Human Machine Interface Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Human Machine Interface Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Human Machine Interface Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Human Machine Interface Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Human Machine Interface Market, regional snapshot 2020 & 2030
FIG 15. North America Human Machine Interface Market 2020 & 2030 (USD Billion)
FIG 16. Europe Human Machine Interface Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Human Machine Interface Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Human Machine Interface Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Human Machine Interface Market 2020 & 2030 (USD Billion)