Market Summary
Research Methodology on Human Machine Interface Market
1 Introduction
This research report discusses the global human-machine interface (HMI) market, assessing the market size, trends, dynamics, and opportunities, and forecasting its growth over the period 2023-2030. It covers various structural insights into the global HMI market and provides an overview of the key participants and their strategies.
This research methodology covers the approaches and techniques used for arriving at accurate findings of the research. It answers the queries related to the market frames and activities used for the study, followed by the market sizing and the segmentation analyses used.
2 Research Objective
The purpose of this research report is to identify the various trends, dynamics, opportunities, and characteristics of the global HMI market and provide a strategic outlook of it over the forecast period. Additionally, the research report contains an assessment of the key players in the HMI market.
3 Scope & Assumptions
The scope of this research report includes the global HMI market and its related parts, such as market size and dynamics, growth opportunities, competitive landscape, and key players in the industry. The assumptions used in this study are on the basis of secondary data which are collected from published articles and reports, industry associations, and other research sources.
4 Research Methodology
The research methodology adopted to estimate and forecast the HMI market size and the competitive landscape is based on a combination of primary and secondary research. The study also leveraged the primary and secondary sources of data collection and studied the HMI market using a bottom-up approach to estimate the complete market size.
4.1 Primary Research
The primary research involves interviews with various industry professionals and key opinion leaders to validate the data collected from secondary research. The primary research interviews include C-level executives and senior technical experts across the value chain.
4.2 Secondary Research
The secondary research involves collecting data from various data sources such as financial reports from companies, industry journals, databases, and other published sources. The secondary data is compiled to provide an exhaustive view of the industry.
5 Market Structure
The market structure of this research report is based on the type, application, and geographical form of the HMI.
5.1 By Type
The global HMI market is segmented into hardware, software, and services. The hardware segment is further divided into industrial controllers, industrial PCs, HMI systems, and input and output systems. The software segment consists of software development tools and HMI applications. The services segment is divided into consulting and system integration, and post-sales support services.
5.2 By Application
The global HMI market is segmented into process control, industrial automation, and others. Process control applications are further divided into oil and gas, pharmaceuticals, and food and beverages. The industrial automation application is further divided into the building and home automation, automotive, and robotics.
5.3 By Geographical Form
The global HMI market is divided into four regions- Americas, Europe, Asia-Pacific, and Middle East and Africa.
6 Market Size Estimation
The market size estimation is calculated using both top-down and bottom-up approaches. After obtaining the figures from primary and secondary research data sources, they are validated through a triangulation approach. Additionally, this process is then used to determine the market size of the HMI market, by integrating the data obtained from different sources.
7 Data Triangulation
The data triangulation methodology is used to validate the market numbers obtained by primary and secondary research. This process can be broadly divided into three main steps. First, the primary research findings are collected and analyzed to get a better understanding of the market scenario. Second, secondary research data is acquired and cross-checked with the primary research findings to generate a comprehensive view of the market. Third, the data is triangulated using various parameters such as suppliers, distribution channels, and various stakeholders in the value chain.
8 Conclusion
This research methodology covers the approaches, activities, and studies used for estimating and forecasting the global HMI market size and its various dynamics. It also provides an overview of the various sources used for collecting primary and secondary data. Furthermore, it also explains the key players in the market, their strategies, and their competitive landscapes.
Market Size & Forecast
Attribute/Metric | Details |
Market Size 2023 | USD 5250.3 Million |
Market Size 2024 | USD 5701.82 Million |
Market Size 2032 | USD 11015 Million |
Compound Annual Growth Rate (CAGR) | 8.58% (2024-2032) |
Base Year | 2023 |
Market Forecast Period | 2024-2032 |
Historical Data | 2018- 2022 |
Market Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered | Component, Technology Type, Configuration, Vertical and Region |
Geographies Covered | Europe, Asia-Pacific, North America, Middle East & Africa, and South America |
Countries Covered | The U.S, Germany, Canada, U.K., Italy, France, Spain, Japan, China, Australia, India, South Korea, Brazil, and others. |
Key Companies Profiled | 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 Market Opportunities | · Increasing investment in renewable power projects |
Key Market Dynamics | · Growing adoption of industry 4.0 · Growing demand for smart automation solutions, and development of IIoT · Surging demand of industrial automation in manufacturing process |
Major Players
Human Machine Interface (HMI) Market Segmentation
Global Human Machine Interface (HMI), By Component Outlook (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
Global Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
Global Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
Global Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
Global Human Machine Interface (HMI) Regional Outlook (USD Million, 2018-2032)
- North America Outlook (USD Million, 2018-2032)
- North America Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- North America Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- North America Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- North America Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- US Outlook (USD Million, 2018-2032)
- US Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- US Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- US Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- US Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Canada Outlook (USD Million, 2018-2032)
- Canada Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Canada Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Canada Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Canada Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Mexico Outlook (USD Million, 2018-2032)
- Mexico Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Mexico Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Mexico Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Mexico Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Europe Outlook (USD Million, 2018-2032)
- Europe Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Europe Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Europe Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Europe Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Germany Outlook (USD Million, 2018-2032)
- Germany Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Germany Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Germany Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Germany Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- UK Outlook (USD Million, 2018-2032)
- UK Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- UK Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- UK Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- UK Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- France Outlook (USD Million, 2018-2032)
- France Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- France Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- France Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- France Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Rest of Europe Outlook (USD Million, 2018-2032)
- Rest of Europe Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Rest of Europe Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Rest of Europe Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Rest of Europe Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Asia-Pacific Outlook (USD Million, 2018-2032)
- Asia-Pacific Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Asia-Pacific Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Asia-Pacific Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Asia-Pacific Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- China Outlook (USD Million, 2018-2032)
- China Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- China Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- China Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- China Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Japan Outlook (USD Million, 2018-2032)
- Japan Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Japan Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Japan Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Japan Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- India Outlook (USD Million, 2018-2032)
- India Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- India Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- India Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- India Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Rest of Asia-Pacific Outlook (USD Million, 2018-2032)
- Rest of Asia-Pacific Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Rest of Asia-Pacific Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Rest of Asia-Pacific Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Rest of Asia-Pacific Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Rest of the World Outlook (USD Million, 2018-2032)
- Rest of the World Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Rest of the World Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Rest of the World Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Rest of the World Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- Middle East & Africa Outlook (USD Million, 2018-2032)
- Middle East & Africa Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- Middle East & Africa Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- Middle East & Africa Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- Middle East & Africa Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
- South America Outlook (USD Million, 2018-2032)
- South America Human Machine Interface (HMI), By Component (USD Million, 2018-2032)
- Hardware
- Basic HMI
- Advanced panel Based HMI
- Advanced PC-based HMI
- Software
- On-Premise HMI
- Cloud Based HMI
- Services
- Hardware
- South America Human Machine Interface (HMI), By Technology Type (USD Million, 2018-2032)
- Motion HMI
- Bionic HMI
- Tactile HMI
- Acoustic HMI
- South America Human Machine Interface (HMI), By Configuration (USD Million, 2018-2032)
- Embedded HMI
- Stand-alone HMI
- South America Human Machine Interface (HMI), By Vertical (USD Million, 2018-2032)
- 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
- Process Industries
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