Human Machine Interface Market Size, Share & Forecast to 2027

The human machine interface market was valued at US$ 4.18 Bn in 2019 and is projected to reach US$ 8.77 Bn by 2027; it is expected to grow at a CAGR of 9.9% from 2020 to 2027.

The human machine interface market is broadly segmented into five major regions—North America, Europe, APAC, MEA, and SAM. Europe holds the largest share of the global market, followed by APAC and North America. The US and Canada, collectively, dominate the North American human machine interface market as a result of growing technological advances, increasing R&D activities in human machine interface areas as a result of enhanced IoT and machine-to-machine (M2M) adoption in various industries in this region. Asia Pacific is expected to register the highest CAGR in the market owing to the growing manufacturing sector and increasing use of advanced industrial operation monitoring technologies.

Human machine interface is a graphical software application that provides the operators or users with the information regarding the operational process, enabling interaction between humans and machines so that the machines receive instructions and execute the tasks mentioned by the operators. In other words, an HMI is a central control system that helps in communicating operator inputs and receives data and feedback from various PLC logic controllers in real time. It offers insights into what is happening within the control system. This tracks valuable output information for various processes, including cycle counts, times, and recipes. HMI improves user performance and ensures data safety. Although initial high costs associated with the deployment of these products pose a challenge to its production, HMIs are not limited to only manufacturing companies.

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Human Machine Interface Market: Strategic Insights

Human Machine Interface Market

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  CAGR (2019 - 2027)

  9.9%
• Market Size 2019
  US$ 4.18 Billion
• Market Size 2027
  US$ 8.77 Billion

Market Dynamics

GROWTH DRIVERS

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FUTURE TRENDS

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OPPORTUNITIES

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Key Players

• ABB Ltd
• Advantech Co Ltd
• General Electric Co
• Honeywell International Inc
• Kontron S T AG
• Mitsubishi Electric Corporation
• Rockwell Automation Inc
• Schneider Electric
• Siemens AG

Regional Overview

• North America
• Europe
• Asia-Pacific
• South and Central America
• Middle East and Africa

Market Segmentation

Offering

• Hardware
• Software
• Services

Configuration

• Embedded and Stand-alone

End-user Industry

• Energy & Power
• General Manufacturing
• Healthcare and Pharmaceuticals
• Automotive

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Market Insights

Rising Adoption of Industrial Automation Solutions across Different Industries

The swift rise in the adoption of automated equipment, machinery, controllers, and the human machine interface solution has gained significant traction among different industry verticals. As a result, there has been a rapid adoption of the products, devices, and systems enabled with human-machine interface to facilitate the communication between the industrial machinery and humans. The integration of human machine interfaces confers improved alarm systems, superior plant management, troubleshooting, reporting and analytics, and asset management, among other benefits, which have contributed significantly to the adoption of various human machine interface applications in different end-user industries. Further, the availability of integrated supervisory control and data acquisition (SCADA) systems in manufacturing, energy & power, mining, oil & gas, and other heavy machinery industries also have triggered the deployment of HMIs, in both developed and developing countries in the world.

Impact of Covid-19 on Human Machine Interface Market

The human machine interface market is expected to witness a significant decline in sales owing to discontinuance of industrial activities and subsequently lowered demand for integration services and sales of new human machine interfaces products.  Moreover, the limited operation of various components manufacturers and equipment suppliers across different region is also expected to hinder the manufacturing of HMI panels and other components critical for the interface. Thus, the pandemic is likely to restrain the growth of the market for the next few months, at least. 

Offering-Based Market Insights

Based on offering, the human machine interface market has been segmented into hardware, software, and services. A few human machine interface based product offer features such as trigger evaluation, onboard logic, action capability, and event manager features. These are mostly used to render more elaborate displays, but they can also be used as part of the computer logic. There are a large number of I/O options available, such as a number of digital or analog inputs or outputs, depending on the nature of the task, and communication protocols vary from simple RS-232 links to more advanced protocols such as SERCOS, CANOpen, and Ethernet-based communications.

Configuration-Based Market Insights

A few of the most exciting advances with human machine interface in recent years have been in terms of the facilitating for remote access to the solution. The state-of-the-art human machine interface also have onboard web servers that allow displaying local displays on any external devices that can run a web browser, such as desktops, smartphones, or tablets. Embedded file transfer protocol (FTP) servers allow for remote and simple upgrading and backup of HMI configurations for developers. A few of the human machine interface can send outbound emails to alert users about the production status. Such remote access functions can extend the automation capabilities of the equipment in new ways and can be a significant factor for the selection of an HMI. The embedded HMIs dominated the global human machine interface market in 2019.

End-User Industry-Based Insights

Human machine interfaces have a wide range of application across different industries owing to considerably large number of industrial end users as well as processes. For instance, the human machine interfaces are used across manufacturing plants; power plants; oil & gas industries; heavy machinery, electrical, and electronics industries. As a result, based on end-user industry, the global human machine interface market has been broadly segmented into energy & power, general manufacturing, healthcare and pharmaceuticals, automotive, and others. The others segment considers food & beverages, aerospace & defense, mining, electrical and electronics, and marine industries.

The global human machine interface market players adopt different strategies such as product development and expansion to broaden their footprint worldwide by meeting the growing demand. They adopt this strategy to mainly grow their business in North America and Europe. The players adopt the strategy of expansion and investment to enlarge customer base across the world, which also permits them to maintain their brand name globally. A few of the recent developments are listed below:
2020:Rockwell unveiled its plan to acquire Ohio-based Kaly by signing an agreement in the US. Kalypso is a software delivery and consulting firm specialized in the digital transformation of the companies in the industrial sector with its full suite of consulting, enterprise technology, digital innovation, and business process management services. Thus, this acquisition would help Rockwell Automation to strengthen its product and service portfolio of enterprise software consulting and information architecture.
2020:Rockwell Automation Inc., signed an agreement to acquire ASEM, S.p.A. Based in Italy, ASEM is involved in offering a full range of industrial PCs, HMI hardware and software, secure Industrial IoT (IIoT) gateway solutions, and remote access capabilities.  
2018:Rockwell Automation updated its FactoryTalk View HMI software. The new features in this software version 10.0 comprise greater access to information, new mobile device support, and better cross-software integration to improve productivity.

Human Machine Interface Market Report Scope

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Human Machine Interface Market – By Offering 

• Hardware
  • PC Based
  • Panel Based
  • Others
• Software
  • On-premise
  • Cloud
• Service

Human Machine Interface Market – By Configuration

• Embedded
• Stand-alone

Human Machine Interface Market – By End-user Industry

• Energy & Power
• General Manufacturing
• Healthcare and Pharmaceuticals
• Automotive
• Others

Human Machine Interface Market - by Geography

• North America
  • US
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • UK
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • India
  • South Korea
  • Japan
  • Australia
  • Rest of Asia Pacific
• Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
• South America
  • Brazil
  • Argentina
  • Rest of South America 

Human Machine Interface Market - Companies Profiles

• ABB Ltd.
• Advantech Co., Ltd.
• General Electric Co.
• Honeywell International, Inc.
• Kontron S T AG
• Mitsubishi Electric Corporation
• Rockwell Automation, Inc.
• Schneider Electric
• Siemens AG
• Yokogawa Electric Corporation