Los Angeles, CA -- (SBWIRE) -- 03/16/2019 -- systems and humans by using HMI software or HMI panels. It helps operators interact with automated systems in vehicles and understand the plant floor automation process. HMI systems are widely adopted for plant automation purposes. They help feed in the inputs and monitor, control, and check the parameters that are connected to control systems in a plant.
Growing trend of protocol conversion for the exchange of data between all connected devices is anticipated to further catalyze HMI market growth. Moreover, technological advancements such as open platform architecture or OPA resulting in improvement of migration process is also likely to spur the demand in coming years.
Factors such as rising need for change in business process to incorporate HMIs along with high upfront capital may have adverse effects on the market development. Furthermore, awareness regarding HMIs among management and lower level staff along with the lack of experienced professionals may also affect the industry growth.
The global Human Machine Interface (HMI) market is valued at 3660 million US$ in 2018 is expected to reach 6570 million US$ by the end of 2025, growing at a CAGR of 7.6% during 2019-2025.
This report focuses on Human Machine Interface (HMI) volume and value at global level, regional level and company level. From a global perspective, this report represents overall Human Machine Interface (HMI) market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
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The following manufacturers are covered:
Segment by Regions
Segment by Type
Segment by Application
Food & Beverages
Oil & Gas
Aerospace & Defense
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