Global Human Machine Interface (HMI) Market Forecasts from 2018 to 2023 by Component, Screen Size, End-User Industry and Geography - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Nov 6, 2018--The “Human Machine Interface Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.
The human-machine interface (HMI) market is projected to grow at a CAGR of 8.33% over the forecast period of 2017-2023.
A user-friendly HMI facilitates the set-up of a centralized control center which improves the productivity and company profitability. This will drive the demand for HMI screens. In addition, advancement in the field of the internet of things and increasing investment towards Industry 4.0, especially in the developing economies, will boost the demand for these display devices.
By industry vertical, the global human machine interface market has been segmented as manufacturing, automotive, oil & gas, utilities, and healthcare among others.
Manufacturing held a significant market share owing to increasing investment in factory automation for better control over the facility and mitigate unnecessary risks and losses. The major factor driving the demand for HMI display screens in the automotive industry is the booming research and development expenditure in the field of connected cars. The healthcare and the automotive industry are poised to grow at an impressive rate in the coming years.
Major industry players profiled as part of the report are Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Inc., Schneider Electric, ABB, Siemens AG, and Honeywell among others.
Key Topics Covered
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Human Machine Interface (HMI) Market by Component
6. Human Machine Interface (HMI) Market by Screen Size
7. Human Machine Interface (HMI) Market by End-User Industry
8. Human Machine Interface (HMI) Market by Geography
9. Competitive Intelligence
10. Company ProfilesMitsubishi Electric Corporation Omron Corporation Rockwell Automation Inc. Schneider Electric ABB Siemens AG Honeywell General Electric Yokogawa Electric Corporation Kontron S & T AG
For more information about this report visit https://www.researchandmarkets.com/research/2j96hk/global_human?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181106005668/en/
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SOURCE: Research and Markets
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PUB: 11/06/2018 10:47 AM/DISC: 11/06/2018 10:47 AM