The global human-machine interface (HMI) market is expected to grow at a significant CAGR of over 10% during the forecast period. HMI allows the operator to run a machine or monitor the working of a machine. The HMI is most commonly used in the Industrial setup to control and monitor machines. In addition to this HMI can also be encountered on a regular basis such as ATM machine, digital signage, vending machine and many more. The versatile application of HMI is anticipated to drive the human-machine interface market during the forecast period.
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HMI is also used widely as it offers a good automated process in the industry as well as in common settings which will enhance the human-machine interface market size. HMI can be found in the form of a screen similar to a computer screen and apart from that in the touch screen forms also. In heavy industries applications HMI contains critical information such as temperature, pressure, process steps, and material counts. HMI can operate very precisely in leveling the tanks and positioning of machines where it can be used to be viewed on multiple indicators. This is anticipated to increase the adoption of HMI in heavy industries.
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Additionally, for easy maintenance, a number of HMI can be connected to a PLC logic and display it on the screen for troubleshooting purposes. The integration can save a valuable amount of time in comparison to connecting a computer or laptop every time which will significantly drive the human-machine interface industry. Moreover, another major benefit of having a modern HMI includes the easy monitoring and control of multiple machines and various other equipment at once by the plants and other industrial sites.
Various small manufacturing facilities with the centrally located HMI could even monitor the entire plant. This is anticipated to grow the human-machine interface market shares considerably during the forecast period. Apart from this, water and wastewater facilities can utilize HMI for years by coupling an HMI with a PLC as it enables them to monitor remote locations like water pumps as well as equipment inside the plant. Hence, the flexibility offered by HMI in combination with the PLC will grow the HMI market significantly during the forecast period.
Global HMI Market- Segmentation
By Configuration
- Embedded HMI
- Stand-Alone HMI
By Industry Verticals
- Food & Beverages
- Pharmaceuticals
- Automotive
- Oil & Gas
- Others
