Human Machine Interface Market, By Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI), By Configuration Type (Stand-Alone HMI and Embedded HMI), By End User (Process Industries and Discrete Industries), By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa) - Trends, Analysis and Forecast till 2034

Report Code: PMI25919 | Publish Date: January 2024 | No. of Pages: 170

Global Human Machine Interface Market Overview

Introduction:

The human machine interface is a user interface that connects a person to a machine, system or device. The HMI also translate data from industrial control systems into human-readable visual representations of the systems. Further, through the HMI, an operator can see schematics of the systems and turn switches and pumps on or off. The growing trend of protocol conversion for the exchange of data between all connected devices is expected to propel the human machine interface market. The  Human Machine Interface market accounted for US$ 5.6 billion in 2024 and is estimated to be US$ 12.3 billion by 2034 and is anticipated to register a CAGR of 8.2%.

Global Human Machine Interface Market Dynamics

 

Rising the Demand for Human Machine

The technological advancements such as open platform architecture or OPA resulting in improvement of migration process are expected to boost the human machine interface market in the near future. Moreover, the factors such as rising need of change in business process to incorporate HMIs along with high upfront capital have adverse effects on the market. Furthermore, advantages offered such as remote operation in harsh climates is also expected to boost the human machine interface market. Additionally, increasing research and development in human interface program is also expected to propel the market. The changing demands through enhanced diagnostics, coupled with the need for greater efficiency and reduced downtime, have buoyed the growth of the human machine interface market.

Global Human Machine Interface Market Segmentation

 

Source: Prophecy Market Insights |Disclaimer: Data is only a representation. Actual data may vary in the final report.

The  human machine interfaces market on the basis of offering, configuration type, by end user and region.

On the basis of offering, the human machine interfaces market is segmented into Hardware and software. The hardware segment is further segmented into Basic HMI, Advanced PC-Based HMI, and Advanced Panel- Based HMI. The software segment is sub segmented into on-premise HMI, and Cloud Based HMI.  Further on basis of configuration type the market is segmented into Stand-alone HMI and Embedded HMI. On the basis of End User, the market is segmented into Process Industries and Discrete Industries. For detailed understanding of market dynamics, the human machine interfaces market is analyzed across key regions viz North America, Europe, Asia Pacific, Latin America, Middle East, and Africa.

Regional Insights:

The  Human Machine Interface market accounted for US$ 5.6 billion in 2024 and is estimated to be US$ 12.3 billion by 2034 and is anticipated to register a CAGR of 8.2%. The market in North America is expected to account for significant share in  human machine interface market, in 2024, followed by markets in other region. Moreover, Asia Pacific region is expected to show a lucrative growth in the near future, owing to developing region in order to capitalize on labor cost and high availability of raw materials in the region.  China is Asia Pacific region is expected to dominate the human machine interface market attributed to increasing rate of population and being demographically rich. 

Report Scope:

Attribute

Details

Base year for estimation

2023

Forecast period

2024 – 2034

Market representation

Revenue in USD Million & CAGR from 2024 – 2034

Market Segmentation

By Offering- Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI

By Configuration Types– Stand-Alone HMI and Embedded HMI

By End-user– Process Industries and Discrete Industrie

Regional scope

North America - U.S., Canada

Europe - UK, Germany, Spain, France, Italy, Russia, Rest of Europe

Asia Pacific - Japan, India, China, South Korea, Australia, Rest of Asia-Pacific

Latin America - Brazil, Mexico, Argentina, Rest of Latin America

Middle East & Africa - South Africa, Saudi Arabia, UAE, Rest of Middle East & Africa

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2024 to 2034. For the purpose of this study, has segmented the Human Machine Interface market report based on offering, configuration type, end-user and region.

 Human Machine Interface Market, By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa

Global Human Machine Interface Market Key Players

The prominent players operating in the human machine interface market include Rockwell Automation Inc., Schneider Electric SE, Mitsubishi Electric Corporation, GE, Eaton, ABB, Honeywell, Siemens, Omron, and Emerson Electric. The key players are investing more into human machine interface market to gain profits in near future. For instance, in November 2017, Rockwell Automation invested in The Hive, silicon Valley innovation fund and co-creation studio, to gain access to an ecosystem of innovators from the start ups.

Global Human Machine Interface Market Company Profile

  • Rockwell Automation Inc.
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Schneider Electric SE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Mitsubishi Electric Corporation
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • GE
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Eaton
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • ABB
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Honeywell
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Siemens
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Omron
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies
  • Emerson Electric
    • Company Overview
    • Product Portfolio
    • Key Highlights
    • Financial Performance
    • Business Strategies

Global Human Machine Interface Market Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Thickness Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
    • PORTER’s
    • Investment Outlook
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Human Machine Interface Strategies
      • Key Questions this Study will Answer
        • By Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI),
        • By Configuration Type (Stand-Alone HMI and Embedded HMI),
        • By End User (Process Industries and Discrete Industries),
        • By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Overview
    • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
    • Y-o-Y Growth Analysis (%), 2020 – 2030
    • Regional Trends
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Regional Analysis
    • Regional Revenue Analysis
    • Regional By segment Analysis
    • Reasons for regional growth
    • Key Player of particular region
    • Countries Include in the report:
      • North America (U.S., Canada)
      • Europe (UK, France, Germany, Russia, Italy, Rest of Europe)
      • Asia Pacific (India, Japan, South Korea, China, Rest of Asia Pacific)
      • Latin America (Brazil, Mexico, Rest of Latin America)
      • Middle East & Africa (GCC, Israel, South Africa, Rest of Middle East)
  1. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
    • Competitive Overview
    • Competitive Benchmarking
    • Market Share Analysis
    • Key Developments In The Global Human Machine Interface Market
    • Key Developments: Mergers & Acquisitions
    • Key Developments: Collaboration
    • Key Developments: Contracts & Agreements
    • Key Developments: Expansion
    • Key Developments: Product Developments
  2. Company Profiles
  • Company Overview
  • Product Portfolio
  • Key Highlights
  • Financial Performance
  • Business Strategies
  • SWOT Analysis
  • Rockwell Automation Inc., Schneider Electric SE, Mitsubishi Electric Corporation, GE, Eaton, ABB, Honeywell, Siemens, Omron, and Emerson Electric. 

  1. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The Global Human Machine Interface market is segmented into basis of offering, configuration type, end user and region.

Growing need for monitoring of production and responding to the changing demands through enhanced diagnostics is expected to drive the human machine interface market.

By region, North America linear motors market accounted for major revenue share of the global human machine interfaces market and is further anticipated to maintain its dominance over the forecast period.

The Key players operating in the global Human Machine Interface market include Rockwell Automation Inc., Schneider Electric SE, Mitsubishi Electric Corporation, GE, Eaton, ABB, Honeywell, Siemens, Omron, and Emerson Electric.