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A multitude of market factors impact the Human Machine Interface (HMI) Market, collectively influential in shaping its growth and evolution. The rapid development of technology is one important factor. Given the rapid development of technology, HMI systems are constantly compelled to follow along, integrating new features and capabilities. Innovations such as touchscreens, gesture recognition, and artificial intelligence are propelling the market forward. These innovations provide users with smoother interfaces that allow them to interact more intuitively and conveniently with machines. The HMI market is still a booming one thanks to constantly changing technology.
However, the rising need for automation among other industries is a significant market force. As productivity requirements escalate and labor costs increase, industry after industry has turned to automation in order to cut operating expenses as well. HMI is the medium that allows human beings and automated systems to communicate with one another, acting as an important bridge. The increasing application of automation in manufacturing, healthcare, transportation and many other industries has pushed the market for HMI solutions bigger.
Standards call on HMI systems to be safe, accurate and reliable in their design. Regulatory reality As industries focus on compliance to meet their own and industry-specific standards, stringent regulatory landscape influences the development of HMI solutions. The ability of an industry to purchase technological solutions follows economic conditions, including GDP growth, industrial output and capital investment. In economic boom times, industries will invest more heavily in state-of-the art HMI systems to increase efficiency and competitiveness. Alternatively, economic downturns may cause investment in HMI technology to be delayed or scaled back. A propellant or a brake: The economic environment is the stage on which this market for HMI products unfolds.
Another market factor of note is the growing emphasis on user experience and ergonomics. Providing operators with user-friendly interfaces that boost efficiency and reduce the chance of errors are important to industries. Design of HMI systems is going in the direction of making them more intuitive: simple and clear. It is especially important in fields where operators demand rapid, accurate responses to data. The stress on the user experience is part of a larger shift toward human-centered design in technological solutions.
In addition, the market for HMI is greatly impacted by new concepts of Industry 4.0 and Industrial Internet of Things (IIoT). In smart factories and industrial processes, in which devices are interwoven with various systems of data transmission, handling the vast volume of information generated necessitates highly sophisticated HMI solutions.
Covered Aspects:
| Report Attribute/Metric | Details |
|---|---|
| Market Size Value In 2022 | USD 4,812.8 Billion |
| Market Size Value In 2023 | USD 5250.3 Million |
| Growth Rate | 9.1% (2022-2030) |
Human Machine Interface Market Highlights:
Global Human Machine Interface (HMI) Market Overview
Human Machine Interface (HMI) Market Size was valued at USD 5250.3 Million in 2023. The Human Machine Interface (HMI) industry is projected to grow from USD 5701.82 Million in 2024 to USD 11015 Million by 2032, exhibiting a compound annual growth rate (CAGR) of 8.58% during the forecast period (2024 - 2032). Growing adoption of industry 4.0 and growing demand for smart automation solutions are driving the market growth.
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Human Machine Interface (HMI) Market Opportunity
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Growing adoption of Industry 4.0
Artificial intelligence advancements spurred Industry 4.0, with robots now openly interfering in human decision-making, encouraging the technocentric perspective. Its main goal is to connect existing technology by making use of the Internet of Things (IoT), which offers access to real-time data. Due to Industry 4.0, business owners can take full advantage of real-time data, which also provides them with enhanced control and understanding of every area of their operations.
The development of Industry 4.0 and the Industrial Internet of Things (IIoT) has made it easier to connect industrial and consumer items, allowing smartphones and smartwatches to be transformed into mobile or wearable HMIs. Companies must make use of current technologies, speed up technology adoption, and unlock new sources of value if they want to stay ahead of the curve. Thus, the adoption of Industry 4.0 across various industries is presenting growth opportunities for the players operating in the global human machine interface market.
Human Machine Interface (HMI) Market Segment Overview
Human Machine Interface (HMI) Component Insights
Based on Component, the Human Machine Interface (HMI) Market is segmented into Hardware, Software, and Services. The Hardware segment held the majority share in 2022, contributing around ~51 % to the market revenue. Based on Hardware, the market is further segmented into Basic HMI, Advanced Panel Based HMI, and Advanced PC Based HMI. Based on Software, the market is further segmented into On-Premise HMI and Cloud Based HMI.
FIGURE2: HUMAN MACHINE INTERFACE (HMI) MARKET, BY COMPONENT, 2022 VS 2032 (USD MILLION)
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
Human Machine Interface (HMI) Technology Type Insights
Based on technology type, the global Human Machine Interface (HMI) is segmented into Motion HMI, Bionic HMI, Tactile HMI, and Acoustic HMI. The Motion HMI segment held the majority share in 2022 contributing around ~40% to the market revenue. Motion HMI likely refers to interfaces that involve motion-based interactions, such as touchscreens, gestures, or other forms of physical interaction to control and communicate with machines or systems.
Human Machine Interface (HMI) Configuration Insights
Based on configuration, the global Human Machine Interface (HMI) is segmented into Embedded HMI and Stand-alone HMI. The Embedded HMI segment claims the largest market share in the Human Machine Interface (HMI) Market. Embedded HMI provide a simpler and more user-friendly integrated environment, increasing operator efficiency. Technological advancements and rising need for integrated solutions are projected to propel the embedded human machine interface market forward.
Human Machine Interface (HMI) Vertical Insights
Based on vertical, the global Human Machine Interface (HMI) is segmented into process industries and discrete industries. The process industries segment claims the largest market share in the Human Machine Interface (HMI) Market. Based on process industries, the market is further divided into Oil and Gas, Pharmaceutical, Food & Beverage, Chemicals, Energy & Power, Metal & Mining, Water & Wastewater, and Others. Based on discrete industries, the market is further divided into Automotive, Packaging, Aerospace and Defense, and Others.
Human Machine Interface (HMI) Regional Insights
By Region, the study provides market insights into North America, Europe, Asia-Pacific and Rest of the world.
In terms of revenue, North America held the share of 35.1% in the Human Machine Interface (HMI) market in 2022. North America consists of the U.S, Canada, and Mexico. The widespread implementation of industrial automation in manufacturing is the primary driver driving the market's expansion. Additionally, other elements like the expanding need for intelligent automation solutions, developments in the Industrial Internet of Things (IIoT) technology, and the growing desire to monitor and boost the productivity of manufacturing facilities are also significantly fueling the market's expansion.
FIGURE3: HUMAN MACHINE INTERFACE (HMI) MARKET SIZE BY REGION 2022 VS 2032
Source: Secondary Research, Primary Research, MRFR Database, and Analyst Review
The growth in APAC is due to the growing population and the available money. China and Japan are regarded as the major producers of human-machine interaction technology in this region. India is projected to become a significant hub for the growth of the manufacturing sector, which will expand market potential in the ensuing years. The country's fast industrialization also drives the HMI market in China and India. With the growing number of automation projects, easy access to low-cost labor and raw materials will likely increase demand. In addition, the demand for sophisticated solutions would increase as more public, and private infrastructure investors entered the Asia-Pacific market.
Europe region consists of UK, Germany, France, Rest of Europe for the study. The rise of the cognitive era and the increasing adoption of AI are to blame for the change of HMI across Europe, which is anticipated to open up new prospects for market expansion. The European Commission proposed a plan to invest EUR 20 billion in artificial intelligence by 2020, an increase of almost 70%. The United States and Asia-Pacific are investing at least three times as much as Europe, and the commission wants to keep up. Due to the soaring need for automation and control systems, which propels the expansion of local process automation businesses, Europe is the region where the HMI application is most prevalent. According to the European Commission, digitization has played a critical role in modernizing the European process sector.
Human Machine Interface (HMI) Key Market Players & Competitive Insights
The Human Machine Interface (HMI) Market has witnessed significant growth over the forecast period due to the growing demand for smart automation solutions, and development of IIoT, the growing adoption of industry 4.0, and the surging adoption of industrial automation in manufacturing processes. There are several domestic, regional, and global players operating in the Human Machine Interface (HMI) market who continuously strive to gain a significant share of the overall market. During the study, MRFR analyzed some of the major players in the Human Machine Interface (HMI) Market who have contributed to the market growth. These include Yokogawa Electric Corporation, Rockwell Automation, Inc., ABB, General Electric (GE), Mitsubishi Electric Corporation, Schneider Electric SE, Jabil Inc., Siemens AG, Honeywell International Inc., Advantech Co., Ltd, Emerson Electric Co, Omron Corporation, Eaton Corporation, Beckhoff Automation, and EXOR International.
Key Companies in the Human Machine Interface (HMI) Market include
- Yokogawa Electric Corporation
- Rockwell Automation, Inc.
- ABB
- General Electric (GE)
- Mitsubishi Electric Corporation
- Schneider Electric SE
- Jabil Inc.
- Siemens AG
- Honeywell International Inc.
- Advantech Co., Ltd
- Emerson Electric Co
- Omron Corporation
- Eaton Corporation
- Beckhoff Automation
- EXOR International
- Other Players
Human Machine Interface (HMI) Industry Developments
May 2023: Honeywell's developed the Anthem integrated avionics suite which is into the flight-testing phase onboard the company’s Pilatus PC-12 testbed. The main human-machine interface for Anthem is the pilot interface display unit (PIDU), and the number of these will depend on the size of the airplane.
April 2023: Rockwell Automation launched the FactoryTalk Optix in Asia-Pacific region. FactoryTalk Optix is a modern, cloud-enabled human-machine interface (HMI) platform that allows users to design, test and deploy applications directly from a web browser anywhere, anytime.
January 2023: Siemens collaborated with indoor vertical farming company, 80 Acres Farms. Siemens will provide power distribution equipment and monitoring fire and life safety, security and power distribution systems all from a single interface. Siemens also installed a suite of advanced industrial automation technologies and edge devices to help automate the production line, while edge devices and human-machine interfaces monitor and update the farms’ control systems.
Interlink Electronics Inc. (NASDAQ: LINK), a world leader and trusted technology partner in the rapidly evolving field of Human−Machine Interface (HMI) devices, sensors, membrane keypads, and other cutting-edge technologies; announced that piezoelectric film sensors will be added along with advanced matrix sensor solutions into our already extensive range printed sensor products family. The event brings together industry leaders who are pioneers in sensor technology and offers them a unique platform to network, gain knowledge from each other’s experiences, and explore the latest developments within this dynamic domain, knowledge sharing among like-minded people working towards the same goal.
July 2023: In Pune, in July 2023, FactoryTalk Optix was released by Rockwell Automation. It is a modern human-machine interface (HMI) system that is cloud-based and enables users to design, test, and deploy applications straight from a web browser at any place or time. This allows for industrial organizations to simplify the automation design process while still being productive. Users can use industry standards for cybersecurity to access machines, controllers, or HMI from anywhere. Remote entry facilitates on-demand remote aid, programming, setup, and updates, as well as troubleshooting remote systems and applications, which are part of maintenance activities.
August 2023: Recently, in August 2023, Exor introduced the Exor X5 Wireless HMI (Human Machine Interface), its latest invention, which is one of the most well-known brands providing industrial automation solutions. The innovative product is designed to change forever how operators interact with their machines on the production floor. The device has an attractive, sleek design built with durability in mind, having five five-inch colored display screens combined with a user-friendly interface, thereby making it easy even for those operating it for the first time to understand what they should do next without much struggle involved. This wireless technology we used when designing it ensures the highest level of productivity since now all operators can be able not only access but control machines right from where they stand during working hours without having to move about looking here and there trying to find out what needs to be fixed at any given moment during work shift. There’s also a web server within the device, so that connection may happen remotely through internet connection-enabled devices.
Interlink Electronics Inc. (NASDAQ: LINK), a world leader and trusted technology partner in the rapidly evolving field of Human−Machine Interface (HMI) devices, sensors, membrane keypads, and other cutting-edge technologies; announced that piezoelectric film sensors will be added along with advanced matrix sensor solutions into our already extensive range printed sensor products family. The event brings together industry leaders who are pioneers in sensor technology and offers them a unique platform to network, gain knowledge from each other’s experiences, and explore the latest developments within this dynamic domain, knowledge sharing among like-minded people working towards the same goal.
Human Machine Interface (HMI) Market Segmentation:
Human Machine Interface (HMI) Component Outlook
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
Human Machine Interface (HMI) Technology Type Outlook
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
Human Machine Interface (HMI) Configuration Outlook
- Embedded HMI
- Stand-alone HMI
Human Machine Interface (HMI) Vertical Outlook
- Process Industries
- Oil and Gas
- Pharmaceuticals
- Food and Beverage
- Chemicals
- Energy and Power
- Metal and Mining
- Water and Wastewater
- Others
- Discrete Industries
- Automotive
- Packaging
- Aerospace and Defence
- Others
Human Machine Interface (HMI) Regional Outlook
- North America
- US
- Canada
- Europe
- UK
- Germany
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia Pacific
- Middle East & Africa
- GCC Countries
- South Africa
- Rest of Middle East & Africa
- South America
- Chile
- Brazil
- Rest of South America
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