Market Revenue Human Machine Interface (HMI) Industry Penetration

Human Machine Interface (HMI) Industry Penetration And
Growth Prospect Mapping By Types Till 2022
“Human Machine Interface (HMI) helps in simultaneous view of real-time and
historical data, configuration, colours, fonts, scales, limits, formats, grid lines
and viewing orientation, and data gathering from different sources on the
same trend. Software features include big picture views with drill down
capabilities.”
The global Human Machine Interface (HMI) Market is expected to reach $6.31 billion by 2022, owing to
requirement of automation of complex industrial operations, improve productivity and efficiency. Industrial
processes have become more complex due to increase in competition and need to have competitive edge
through product or service quality. Manufacturing industries are opting for automation to reduce the complexity
of the operation process and to make to it cost effective. HMI software helps in industrial data management,
integrated engineering, industrial communication and industrial security. Fully integrated automation has
optimized the operation downtime, better performance due to interoperability of system tested components.
The challenge in the HMI software and services marketplace is how suppliers can differentiate themselves and
continue to offer increasing value propositions to end users and OEMs, especially in a slowing global economy.
The market is extremely competitive and demand is expected to grow as many users recognize the benefits of
HMI software.
Integration of Bluetooth and Wi-Fi in these products has improved device mobility, which is also anticipated to
propel the demand over the forecast period. Evolution of industrial Internet of Things (IoT) has opened many
opportunities. Advancement in technology will improve the process cycle time, make the process energy
efficient and will provide data security. Smart HMI will give huge opportunities to the industries and is expected
to have a positive impact on the demand.This market is segmented on the basis of software type and verticals.
On the basis of software type it is segmented as HMI/client, software modules, and supervisory/server.
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