Human Machine Interface Market, Global Forecast & Analysis (2012-2017); By Product (Display Terminals, Controls, Industrial PC, Interface Software); Application and Geography

Dec 1, 2012 - Markets and Markets - 269 pages - USD $4,650
Abstract Table of Contents Request Details Related
Human Machine Interfaces plays a significant role in industrial automation, enabling the efficient operation and monitoring of essential production devices. Growth in the automation industries which in turn enhanced the growth in HMI market is a major driver. The other key factors driving the market include demand for enhanced efficiency, high growth of software services suitable for each application and increasing need for data security and reliable hardware. On the other side, the HMI market growth is hampered by factors like limited geographical diversity, high cost of HMI platforms and advancements in technology at a relatively slow pace.

Secured remote access to HMI could add a competitive advantage for the key market players. Interface software is growing at a higher CAGR compared to display terminals and industrial PCs, owing to growth in software services suitable for each industrial application. HMI revenue through 'discrete' applications will grow at a higher rate over 'process' applications' revenue. 'Automotive' and 'healthcare' applications revenues constitute 32% of the overall revenue in 2011. Automotive, healthcare, metal & mining and food & beverage will be the key application areas of HMI market.

It is observed that APAC region is growing at a higher CAGR and is expected to have the leading market share: i.e. 28% of the total HMI market in 2017. The higher CAGR of APAC is primarily due to its fast growing economy and increased significance for automation industries. 'APAC' and 'ROW' are the emerging markets currently due to an increase in number of automation industries in these regions. The overall HMI market is estimated to be worth $2.50 billion in 2012 and expected to reach $4.05 billion in 2017 at a CAGR of 10.13% from 2012 to 2017. Both 'top-down' and 'bottom-up' approaches are used to arrive at the market values. Some of the key players of the HMI market covered in this report are ABB (Switzerland), American Industrial Systems Inc. (U.S.), Bosch Rexroth AG (Germany), Emerson Electric Co. (U.S.), General Electric (U.S.), Honeywell International Inc. (U.S.), Invensys plc (U.K.), Mitsubishi Electric Corporation (Japan), Omron Corporation (Japan), Parker Hannifin Corp (U.S.), Rockwell Automation, Inc. (U.S.), Schneider Electric (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

In this report, the HMI market is segmented by product type, application and geography. The products are segmented into display terminals, industrial PCs, interface software and others that include control and indicator units. The report illustrates revenue shares of different discrete and process industrial applications of HMI. The geography covers Americas, Europe, APAC, and ROW. This report deals with all the driving factors, restraints, and opportunities with respect to the HMI market, which are helpful in identifying trends and key success factors for the industry. It also provides the competitive landscape of the players, which covers key growth strategies followed by all the major players. The report also highlights the winning imperatives and burning issues pertaining to the market. The report also profiles companies active in the field of HMI market. The report formulates the value chain of the Human Machine Interface market; and porter five forces model.

Order This Report
FORMAT: PDF $4,650 USD
LICENSE: Single-User
DELIVERY: By Email

EASY ORDERING
Once you’ve found the right report, click ‘order now’ and complete the checkout process using any major credit card, check or wire/bank transfer.

Need multi-user or enterprise license pricing? Contact us for a custom quote!
MC, Visa, AMEX, Diners, Discovery, JCB

The Fast Market Research Advantage
Only the Best
All of our research is sourced from the most trusted and established global analysts and consultancies

Client Focused
From start-ups to multinationals, we focus on providing the right research to our diverse client base

Shop Securely
Our US-based customer service team and eCommerce systems adhere to highest data security standards

Industry-leading Customer Support
Individualized assistance from our expert staff is never more than an email or phone call away


About the Publisher
MarketsandMarkets (M&M) is a global market research and consulting company based in the U.S. The company publishes high-level strategically analyzed reports for over ten industry verticals and serves as a business intelligence partner to Fortune 500 companies across the world.