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The global human machine interface market exhibited strong growth during 2015-2020. Looking forward, IMARC Group expects the market to grow at a CAGR of around 9% during 2021-2026. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.
A human machine interface (HMI) is a component in electronic devices that allows the user to communicate and interact with the machine or the system efficiently. It is also referred as computer-human interface, man-machine interface (MMI) or human-computer interface. HMI consists of various hardware and software components that translate user inputs into signals for the machine to generate results. It incorporates motion sensors, peripheral devices, speech-recognition interfaces and other devices through which information is shared using sound, sight, heat and touch. It assists in error reduction, increasing user satisfaction, efficiency and comfort. It also enhances overall productivity by reducing task saturation and physical and mental stress for the user. As a result, the technology is finding extensive applicability in the electronics, entertainment, medical and military sectors to integrate humans into intricate mechanical systems.
The rising trend of digitalization, along with the introduction of HTML5 and Industrial Internet of Things (IIOT), are the key factors driving the growth of the market. HTML5 and IIOT enable end users to conveniently use new software programs and allow optimal monitoring of machinery and equipment across industries. Also, enterprises are increasingly focusing on generating customizable and useful interfaces to create more lucrative opportunities in the market. Additionally, there is an increasing preference for multi-touch screens and gadgets for augmented and virtual reality (AR/VR), which is also driving the market further. Moreover, benefits such as the reduction in operating costs by substituting indicator lights, push buttons, selectors and replacing them with minimalistic tools and control features have increased the adoption of HMI systems across the globe.
IMARC Group’s latest report provides a deep insight into the global human machine interface market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the human machine interface market in any manner.
IMARC Group provides an analysis of the key trends in each sub-segment of the global human machine interface market, along with forecasts at the global and regional level from 2021-2026. Our report has categorized the market based on component, configuration, technology type and end use industry.
Breakup by Component:
Breakup by Configuration:
Breakup by Technology Type:
Breakup by End Use Industry:
Breakup by Region:
The report has also analyzed the competitive landscape of the market with some of the key players being ABB, Mitsubishi Electric, Honeywell International Inc, Rockwell Automation, Schneider Electric, Siemens AG, General Electric, Robert Bosch GmbH, Kontron AG, Yokogawa Electric, Advantech Co. Ltd., Texas Instruments, Eaton Corporation, etc.
|Base Year of the Analysis||2020|
|Segment Coverage||Component, Configuration, Technology Type, End Use Industry, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Companies Covered||ABB, Mitsubishi Electric, Honeywell International Inc, Rockwell Automation, Schneider Electric, Siemens AG, General Electric, Robert Bosch GmbH, Kontron AG, Yokogawa Electric, Advantech Co. Ltd., Texas Instruments and Eaton Corporation|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2299
Five User License: US$ 3399
Corporate License: US$ 4499
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
Key Questions Answered in This Report:
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