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1055026

Touch Based Human Machine Interface (HMI) Market Forecasts to 2028 - Global Analysis By Function Modules (Industrial PCs, Display Monitors, Control Panels), Component, Technology, Application, End User, and By Geography

Published: | Stratistics Market Research Consulting | 200+ Pages | Delivery time: 2-3 business days

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Touch Based Human Machine Interface (HMI) Market Forecasts to 2028 - Global Analysis By Function Modules (Industrial PCs, Display Monitors, Control Panels), Component, Technology, Application, End User, and By Geography
Published: January 1, 2022
Stratistics Market Research Consulting
Content info: 200+ Pages
Delivery time: 2-3 business days
  • Description
  • Table of Contents
  • List of Tables

According to Stratistics MRC, the Global Touch Based Human Machine Interface (HMI) Market is accounted for $0.48 billion in 2021 and is expected to reach $2.15 billion by 2028 growing at a CAGR of 24.0% during the forecast period. Touch based human interface (HMI) is the simple, easy and natural interaction with the human machines. It is among the significant mechanization situated gadgets sent across significant applications in modern robotization, auto, oil and gas areas. These gadgets empower higher dependability and quality results and are progressively supplanting the manual transfer of the modern gear. Touch based human machine point of interaction are being recognized by every one of the significant enterprises as these gadgets are equipped for offering a constant update of the cycles through Ethernet or remote network. Touchscreen HMIs are satisfying the association's usefulness, wellbeing, adaptation and ecological similarity objectives.

Market Dynamics:

Driver:

Rising wearable and portable touch based HMI

The human-machine interface of the future will get even more interactive. The growing popularity of wearable devices in the consumer market which are exhibiting a growth of over 16% will also be reflected in the manufacturing sector. This is also due to the government regulations driving industrial automation such as Italy's National Industry 4.0 Plan, Germany's I40 strategy and Japan's Connected Industries Plan which mention arable devices among the technologies subject to hyper-depreciation. For example, operators will likely wear bracelets that alert them of alarms with a specific code so that they can intervene in a timely manner. The increased adoption of these solutions will drive the demand for HMI market.

Restraint:

Lack of Security

The missing growth factor for the industry 4.0 market is security. According to the 2018 IBM-X Force Threat Intelligence Index, manufacturing is the second-largest targeted industry for attacks. Due to less security, industry 4.0 technologies are allowing hackers to attack the manufacturer's data and also infecting new systems to detention and vend confidential information. Thus, the utilization of industrial PCs and other data utilization devices are witnessing increased scrutiny which will hinder HMI market.

Opportunity:

Growing technological advancements

Touch-based human-machine interface are one of the emerging technology and is all set to showcase significant penetration across all the leading end user industry verticals. The technological advancements attained in the field of automation and the evolution of touch screen technology has discovered a common platform to deliver new range of control function modules across all industrial applications both in industrial and commercial sector. The touch based human machine is an instinctive programming interface that allows operators to make efficient decisions and establish fast communication network with the help of Internet of Things (IoT) concept. In industry applications, touch based applications are basically used as operator panels, control and monitoring devices and industrial PCs. Touch screen HMIs have turned out to be an efficient solution for automation for a wide range of applications in manufacturing, digital signage, automotive, aerospace, retail and so on. The product has gained more adaptation in the commercial sector apart from its broad range of applications in industrial automation.

Threat:

High cost of the product

The price of the advanced software for data visualization and interpretation could pose threat to the adaptation of the touch screen HMI devices. However, the functions performed by these HMIs and the ability of these devices to cut short time and to bring down the operating expenses will certainly overpower the constraints and challenges for the touch screen HMI market.

The automotive segment is expected to be the largest during the forecast period

The automotive segment is estimated to have a lucrative growth. The automotive industry incorporates touch based technology for various applications such as navigation systems, temperature control systems as well as for the multimedia systems. Automation is rapidly perforating all sorts of industrial applications and the past few years have witnessed considerable rate of adaptation of automation devices and its accessories. Touch Based Human Machine Interface (HMI) are among the major automation oriented devices deployed across major applications in industrial automation, automotive, oil & gas sectors. These devices enable higher reliability and quality outputs and are gradually replacing the manual relay of the industrial equipment. The rate of deployment of these touchscreen human machine interface in all the major industries have increased in the past two years attributing to introduction of new markets in the automobile, home automation and building automation. The manufacturers are constantly investing substantial amount in developing automation solutions to ease out the complexity of the processes

The surface acoustic wave (SAW) segment is expected to have the highest CAGR during the forecast period

The surface acoustic wave (SAW) segment is anticipated to witness the fastest CAGR growth during the forecast period due to the increased adoption of SAW Touch based HMI because of the accelerating demand of touch screen panels in both passenger vehicles and commercial vehicles for driver assistance applications.

Region with highest share:

Asia Pacific is projected to hold the largest market share during the forecast period due to the presence of a large number of developing markets in the region. China, India and South-East Asian nations are conjectured to make immense interests in the robotization area to prepare their assembling and modern plants with mechanized answers for ad lib the creation cycle and accomplish set targets. Japan being one of the mechanically progressed countries is a critical market for contact screen HMIs and is as of now utilizing these gadgets across a wide range of industry verticals at a higher scale. Australia and New Zealand are the developed business sectors yet the touch based HMIs shipments are projected to flood as the nations are moving towards more computerized and progressed military gear.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period owing to the presence of large number of solution providers and increasing high-end production activities across the region. In addition to the increasing demand for integrated HMI solutions is anticipated to catapult the HMI market growth in the region. Moreover, early technology adoption in the North America contributes further to the industry progress.

Key players in the market:

Some of the key players profiled in the Touch Based Human Machine Interface (HMI) Market include: ABB Ltd, Advantech Corporation, Beijer Electronics, Delta, Emerson Electric Co., Fuji Electronics Co. Ltd, General Electric, Kinco Automation, Mitsubishi Electric Corporation, Omron Corporation, Pro-Face, Schneider Electric SE, and Siemens AG.

Key Developments:

In September 2017, Mitsubishi has released a new widescreen human machine interface. The company says demand for operational efficiencies such as greater visualization into a factory's automation solutions portfolio has prompted it to launch the new GT25 Wide HMI. The GT25 Wide HMI is an interface that monitors and controls machine components with a graphical touchscreen that connects to equipment such as programmable logic controllers, variable frequency drives and servos.

Function Modules Covered:

  • Industrial PCs
  • Display Monitors
  • Control Panels

Components Covered:

  • Multi point Control Unit (MCU)
  • Power Management Integrated Circuits (PMIC)
  • Programmable Logic Controller (PLC)
  • Pushbuttons
  • Display Drivers
  • Microprocessor
  • Other Components

Technologies Covered:

  • Capacitive
  • Surface Acoustic Wave (SAW)
  • Infrared
  • Ultrasonic
  • Resistive

Applications Covered:

  • Factory Automation
  • Building Automation
  • Information Technology
  • Automotive
  • Digital Signage
  • Oil & Gas
  • Military
  • Hospitality
  • Healthcare
  • Retail
  • Consumer Electronics
  • Aerospace & Defense
  • Food and Beverages
  • Education

End Users Covered:

  • Industrial
  • Commercial
  • Other Applications

Regions Covered:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • UK
    • Italy
    • France
    • Spain
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australia
    • New Zealand
    • South Korea
    • Rest of Asia Pacific
  • South America
    • Argentina
    • Brazil
    • Chile
    • Rest of South America
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
    • Rest of Middle East & Africa

What our report offers:

  • Market share assessments for the regional and country-level segments
  • Strategic recommendations for the new entrants
  • Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
  • Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
  • Strategic recommendations in key business segments based on the market estimations
  • Competitive landscaping mapping the key common trends
  • Company profiling with detailed strategies, financials, and recent developments
  • Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

  • Company Profiling
    • Comprehensive profiling of additional market players (up to 3)
    • SWOT Analysis of key players (up to 3)
  • Regional Segmentation
    • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
  • Competitive Benchmarking
    • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Product Code: SMRC21333

Table of Contents

1 Executive Summary

2 Preface

  • 2.1 Abstract
  • 2.2 Stake Holders
  • 2.3 Research Scope
  • 2.4 Research Methodology
    • 2.4.1 Data Mining
    • 2.4.2 Data Analysis
    • 2.4.3 Data Validation
    • 2.4.4 Research Approach
  • 2.5 Research Sources
    • 2.5.1 Primary Research Sources
    • 2.5.2 Secondary Research Sources
    • 2.5.3 Assumptions

3 Market Trend Analysis

  • 3.1 Introduction
  • 3.2 Drivers
  • 3.3 Restraints
  • 3.4 Opportunities
  • 3.5 Threats
  • 3.6 Technology Analysis
  • 3.7 Application Analysis
  • 3.8 End User Analysis
  • 3.9 Emerging Markets
  • 3.10 Impact of Covid-19

4 Porters Five Force Analysis

  • 4.1 Bargaining power of suppliers
  • 4.2 Bargaining power of buyers
  • 4.3 Threat of substitutes
  • 4.4 Threat of new entrants
  • 4.5 Competitive rivalry

5 Global Touch Based Human Machine Interface (HMI) Market, By Function Modules

  • 5.1 Introduction
  • 5.2 Industrial PCs
  • 5.3 Display Monitors
  • 5.4 Control Panels

6 Global Touch Based Human Machine Interface (HMI) Market, By Component

  • 6.1 Introduction
  • 6.2 Multi point Control Unit (MCU)
  • 6.3 Power Management Integrated Circuits (PMIC)
  • 6.4 Programmable Logic Controller (PLC)
  • 6.5 Pushbuttons
  • 6.6 Display Drivers
  • 6.7 Microprocessor
  • 6.8 Other Components

7 Global Touch Based Human Machine Interface (HMI) Market, By Technology

  • 7.1 Introduction
  • 7.2 Capacitive
    • 7.2.1 Projective Capacitive
    • 7.2.2 Surface Capacitive
  • 7.3 Surface Acoustic Wave (SAW)
  • 7.4 Infrared
  • 7.5 Ultrasonic
  • 7.6 Resistive

8 Global Touch Based Human Machine Interface (HMI) Market, By Application

  • 8.1 Introduction
  • 8.2 Factory Automation
  • 8.3 Building Automation
    • 8.3.1 Monitoring Energy Consumption
    • 8.3.2 Computerized Maintenance Scheduling
  • 8.4 Information Technology
    • 8.4.1 Reception and Lobby Areas
    • 8.4.2 Conference Rooms
  • 8.5 Automotive
    • 8.5.1 Navigation System
    • 8.5.2 Temperature Control System
    • 8.5.3 Multimedia System
  • 8.6 Digital Signage
    • 8.6.1 Publicity
    • 8.6.2 Advertising
  • 8.7 Oil & Gas
  • 8.8 Military
    • 8.8.1 In Vehicle Control Interface
    • 8.8.2 Field Instruments
    • 8.8.3 Control Rooms
  • 8.9 Hospitality
  • 8.10 Healthcare
    • 8.10.1 Medical Screens
    • 8.10.2 Patient Services
  • 8.11 Retail
  • 8.12 Consumer Electronics
  • 8.13 Aerospace & Defense
  • 8.14 Food and Beverages
  • 8.15 Education
    • 8.15.1 Digital White Boards
    • 8.15.2 Interactive Displays

9 Global Touch Based Human Machine Interface (HMI) Market, By End User

  • 9.1 Introduction
  • 9.2 Industrial
  • 9.3 Commercial
  • 9.4 Other Applications

10 Global Touch Based Human Machine Interface (HMI) Market, By Geography

  • 10.1 Introduction
  • 10.2 North America
    • 10.2.1 US
    • 10.2.2 Canada
    • 10.2.3 Mexico
  • 10.3 Europe
    • 10.3.1 Germany
    • 10.3.2 UK
    • 10.3.3 Italy
    • 10.3.4 France
    • 10.3.5 Spain
    • 10.3.6 Rest of Europe
  • 10.4 Asia Pacific
    • 10.4.1 Japan
    • 10.4.2 China
    • 10.4.3 India
    • 10.4.4 Australia
    • 10.4.5 New Zealand
    • 10.4.6 South Korea
    • 10.4.7 Rest of Asia Pacific
  • 10.5 South America
    • 10.5.1 Argentina
    • 10.5.2 Brazil
    • 10.5.3 Chile
    • 10.5.4 Rest of South America
  • 10.6 Middle East & Africa
    • 10.6.1 Saudi Arabia
    • 10.6.2 UAE
    • 10.6.3 Qatar
    • 10.6.4 South Africa
    • 10.6.5 Rest of Middle East & Africa

11 Key Developments

  • 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
  • 11.2 Acquisitions & Mergers
  • 11.3 New Product Launch
  • 11.4 Expansions
  • 11.5 Other Key Strategies

12 Company Profiling

  • 12.1 ABB Ltd
  • 12.2 Advantech Corporation
  • 12.3 Beijer Electronics
  • 12.4 Delta
  • 12.5 Emerson Electric Co.
  • 12.6 Fuji Electronics Co. Ltd
  • 12.7 General Electric
  • 12.8 Kinco Automation
  • 12.9 Mitsubishi Electric Corporation
  • 12.10 Omron Corporation
  • 12.11 Pro-Face
  • 12.12 Schneider Electric SE
  • 12.13 Siemens AG

List of Tables

  • Table 1 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Region (2019-2028) ($MN)
  • Table 2 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Function Modules (2019-2028) ($MN)
  • Table 3 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Industrial PCs (2019-2028) ($MN)
  • Table 4 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Display Monitors (2019-2028) ($MN)
  • Table 5 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Control Panels (2019-2028) ($MN)
  • Table 6 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Component (2019-2028) ($MN)
  • Table 7 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Multi point Control Unit (MCU) (2019-2028) ($MN)
  • Table 8 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Power Management Integrated Circuits (PMIC) (2019-2028) ($MN)
  • Table 9 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Programmable Logic Controller (PLC) (2019-2028) ($MN)
  • Table 10 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Pushbuttons (2019-2028) ($MN)
  • Table 11 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Display Drivers (2019-2028) ($MN)
  • Table 12 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Microprocessor (2019-2028) ($MN)
  • Table 13 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Other Components (2019-2028) ($MN)
  • Table 14 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Technology (2019-2028) ($MN)
  • Table 15 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Capacitive (2019-2028) ($MN)
  • Table 16 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Projective Capacitive (2019-2028) ($MN)
  • Table 17 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Surface Capacitive (2019-2028) ($MN)
  • Table 18 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Surface Acoustic Wave (SAW) (2019-2028) ($MN)
  • Table 19 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Infrared (2019-2028) ($MN)
  • Table 20 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Ultrasonic (2019-2028) ($MN)
  • Table 21 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Resistive (2019-2028) ($MN)
  • Table 22 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Application (2019-2028) ($MN)
  • Table 23 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Factory Automation (2019-2028) ($MN)
  • Table 24 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Building Automation (2019-2028) ($MN)
  • Table 25 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Monitoring Energy Consumption (2019-2028) ($MN)
  • Table 26 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Computerized Maintenance Scheduling (2019-2028) ($MN)
  • Table 27 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Information Technology (2019-2028) ($MN)
  • Table 28 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Reception and Lobby Areas (2019-2028) ($MN)
  • Table 29 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Conference Rooms (2019-2028) ($MN)
  • Table 30 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Automotive (2019-2028) ($MN)
  • Table 31 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Navigation System (2019-2028) ($MN)
  • Table 32 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Temperature Control System (2019-2028) ($MN)
  • Table 33 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Multimedia System (2019-2028) ($MN)
  • Table 34 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Digital Signage (2019-2028) ($MN)
  • Table 35 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Publicity (2019-2028) ($MN)
  • Table 36 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Advertising (2019-2028) ($MN)
  • Table 37 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Oil & Gas (2019-2028) ($MN)
  • Table 38 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Military (2019-2028) ($MN)
  • Table 39 Global Touch Based Human Machine Interface (HMI) Market Outlook, By In Vehicle Control Interface (2019-2028) ($MN)
  • Table 40 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Field Instruments (2019-2028) ($MN)
  • Table 41 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Control Rooms (2019-2028) ($MN)
  • Table 42 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Hospitality (2019-2028) ($MN)
  • Table 43 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Healthcare (2019-2028) ($MN)
  • Table 44 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Medical Screens (2019-2028) ($MN)
  • Table 45 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Patient Services (2019-2028) ($MN)
  • Table 46 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Retail (2019-2028) ($MN)
  • Table 47 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Consumer Electronics (2019-2028) ($MN)
  • Table 48 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Aerospace & Defense (2019-2028) ($MN)
  • Table 49 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Food and Beverages (2019-2028) ($MN)
  • Table 50 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Education (2019-2028) ($MN)
  • Table 51 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Digital White Boards (2019-2028) ($MN)
  • Table 52 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Interactive Displays (2019-2028) ($MN)
  • Table 53 Global Touch Based Human Machine Interface (HMI) Market Outlook, By End User (2019-2028) ($MN)
  • Table 54 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Industrial (2019-2028) ($MN)
  • Table 55 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Commercial (2019-2028) ($MN)
  • Table 56 Global Touch Based Human Machine Interface (HMI) Market Outlook, By Other Applications (2019-2028) ($MN)

Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.