Tuesday, November 7, 2017
Human Machine Interface Market (HMI) Share, Size, Analysis & Forecast with Upcoming Trends 2015
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According to
a new market report published by Credence Research Inc “Human Machine Interface (HMI) Market -
Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 -
2022,” the human machine interface market is predicted to reach US$ 7.10
Bn by 2022, with the Rising industrial automation across the world. High market
competition forcing industrial manufacturers to invest in advanced solutions
which improves productivity and reduces operating costs. This is increasing the
demand for advanced human machine interface solutions which offers realistic
view of their plants. Improving economic conditions and financial position of
manufacturing industries is expected to influence the demand for advanced human
machine interface (HMI) solutions across the world. In order to match rising
mobility needs in manufacturing industries HMI solution providers are focusing
on developing applications which supports remote monitoring and controlling.
All the above factors are expected to spur the demand for HMI solutions through the forecast period 2015 – 2022.
Browse Full Report At: http://www.credenceresearch.com/report/human-machine-interface-hmi-market
Interface
software and solutions accounted for the largest revenue share in 2014 and is
expected to remain the largest segment by product type throughout the forecast
period. Rising demand for PC based open source human machine interface (HMI)
solutions is expected to influence the demand for interface software and
solutions across the world. Display and touchscreen technology also expected to
see a significant growth through the forecast period with rising demand for
mobile devices such as tablets, laptops, smartphones and others.
Automotive industry represents the largest end use
segment for human machine interface solutions and accounted for the 15.8% of
revenue share in 2014. Automotive manufacturers are investing significant
amount in advanced solutions to improve their productivity which represents a
positive outlook for human machine interface (HMI) solutions providers. The oil
and gas industry represents the fastest growing end-use segment for human
machine interface (HMI) solutions. Human machine interface (HMI) solutions
improves safety and security at oil and gas plants which is the major
influencing the factor for these solutions.
Press
Release: http://www.credenceresearch.com/press/human-machine-interface-hmi-market-to-reach-usd-7-10-bn-by-2022
North
America represents the largest regional market in the global human machine interface market. Rising number of industrial
automation projects is the primary factor for the dominance of North America in
global HMI market. Asia Pacific is expected to be the fastest growing regional
market in the global HMI market. Increasing industrialization in India, China,
Taiwan, Singapore, Australia and other countries is increasing the adoption of
human machine interface (HMI) technologies in the region. The human machine
interface market in North America and Europe are comparatively matured markets
and expected to grow at a slower pace compared to Asia Pacific. The global HMI market is expected to see a
significant growth through the forecast period with rising awareness about the
benefits of advanced HMI solutions such as reduced operating cost, high
efficiency and reduced maintenance cost.
By Type
·
Processor/Computer
·
Others
(Indicator, Joystick and Keypad)
·
Software
·
Hardware
·
Display
·
Services
By End-use
Industry
·
Healthcare
and Pharmaceutical
·
Packaging
·
Food
& Beverage
·
Defense
& Aerospace
·
Automotive
·
Manufacturing
·
Oil
& Gas
·
Metal
and Mining
·
Others
(Retail and Transportation)
By Offering:
·
Hardware
·
Basic
HMI
·
Advanced
Panel-Based HMI
·
Advanced
PC-Based HMI
·
Others
·
Software
·
On-Premise
HMI
·
Cloud-Based
HMI
By
Configuration Type:
·
Stand-Alone
HMI
·
Embedded
HMI
Browse Full Report At: http://www.credenceresearch.com/report/human-machine-interface-hmi-market
Latest Reports:
About: Credence Research is a worldwide market research and counseling firm that serves driving organizations, governments, non-legislative associations, and not-for-benefits. We offer our customers some assistance with making enduring enhancements to their execution and understand their most imperative objectives. Over almost a century, we've manufactured a firm extraordinarily prepared to this task.
Media Contact
Name: Chris Smith
Address: 105 N 1st ST #429,
SAN JOSE, CA 95103 US
E-mail: sales@credenceresearch.com
Ph: 1-800-361-8290
Web: http://www.credenceresearch.com
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