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Global Human Machine Interface (HMI) Market 2018-2023 - Automated Gesture Recognition Systems to Gather Significant InterestDUBLIN, Oct. 12, 2018 /PRNewswire/ -- The "Human Machine Interface (HMI) Market - Global Outlook and Forecast 2018-2023" report has been added to ResearchAndMarkets.com's offering. The global HMI market is expected to generate revenues of more than $8 billion by 2023, growing at a CAGR of over 9% during 2017-2023. The hardware segment dominated the majority of the market share in 2017, growing at a CAGR of around 9% during the forecast period. HMI software provides operators to manage industrial and process control machinery through Graphical User Interface (GUI). The development of innovative software solutions that help control and offer data acquisitions of SCADA applications in the human machine interface market. Chemical and petrochemical segment occupied around 1/3rd of the market share in 2017, growing at a CAGR of more than 9% during the forecast period. The introduction of systems that are robust, can withstand the harsh environment, and are resistant to dust, moisture, water, extreme temperatures, and exposure to harsh chemicals is driving the growth of the global human machine interface market. The global HMI market is witnessing a surge in demand for solutions from various industries and facing intense competition. The leading vendors are leveraging rapidly changing technologies to introduce innovations and upgrades in the human machine interface market. The market is moderately fragmented, and top players control over 50% of the total share. The companies are focusing on offering varied features such as quality, technology, and price to sustain the competition in the human machine interface market. The increasing investments in the development of new technologies will help vendors gain a competitive advantage in the global human machine interface market during the forecast period. Key Topics Covered: 1 Research Methodology 2 Research Objectives 3 Research process 4 Report Coverage 4.1 Market Definition 4.2 Base Year 4.3 Scope of Study 4.3.1 Market Segmentation by Technology 4.3.2 Market Segmentation by Configuration 4.3.3 Market Segmentation by Interface 4.3.4 Market Segmentation by End-user Type 4.3.5 Market Segmentation by Geography 5 Report Assumptions & Caveats 5.1 Key Caveats 5.2 Inclusions 5.3 Exclusions 5.4 Currency Conversion 5.5 Market Derivation 6 Market at a Glance 7 Introduction 7.1 Overview 8 Market Dynamics 8.1 Market Growth Enablers 8.1.1 Enterprise Networking to Drive HMI-PLC Technology 8.1.2 Increased Demand for Multi-Touch GUI 8.1.3 Rise of Augmented Reality (AR) and Immersive Experiences by VR 8.1.4 Rapid Rise in Global Industrial Automation Expenditure 8.2 Market Growth Restraints 8.2.1 Threat of Data Privacy and Security Concerns 8.2.2 Rapid Technology Curve and Automation Being Expensive in Several End-users 8.2.3 High Degree of Variability and Lack of Organizational Focus 8.3 Market Opportunities & Trends 8.3.1 Growing Demand for IoT in Industries for Data Capturing and Handling Dramatically 8.3.2 Automated Gesture Recognition Systems to Gather Significant Interest 8.3.3 Increasing Penetration of Smart Wearables 8.3.4 Growing Virtualization and Automation to Majorly Impact HMI Development 9 Global HMI Market 9.1 Market Overview 9.2 Market Size & ForecasT 9.3 Porter's Five Forces Analysis 10 GLobal HMI Market by Technology 10.1 Market Overview 10.2 Optical HMI 10.3 Acoustic HMI 10.4 Bionic HMI 10.5 Tactile HMI 10.6 Motion HMI 11 Global HMI Market by Configuration 11.1 Market Overview 11.2 Standalone HMI 11.3 Embedded HMI 12 Global HMI Market by Interface 12.1 Market Overview 12.2 HMI software 12.3 HMI Hardware 13 Global HMI Market by End-User 13.1 Market Overview 13.2 Automotive HMI 13.3 Chemicals and Petrochemicals HMI 13.4 Mining and Metallurgy HMI 13.5 Paper, Packaging, and Printing HMI 13.6 Food and Beverage HMI 13.7 Healthcare HMI 13.8 Oil and Gas HMI 13.9 Other End-user HMI 14 Global HMI Market by Geography 14.1 Market Overview 15 APAC: HMI Market 16 Europ: HMI Market 17 North America: HMI Market 18 Latin America: HMI Market 19 MEA: HMI Market 20 Competitive Landscape 20.1 Competition Overview 20.2 Market Structure and Mapping of Competition 20.3 Overview of Competition 20.3.1 Herfindahl-Hirschman Index 21 Key Company Profiles 21.1 Schneider Electric 21.2 Rockwell Automation inc 21.3 Siemens AG 21.4 Mitsubishi Electric Corp. 21.5 Omron Corp. 22 Other Prominent Companies 22.1 ABB Ltd. 22.2 General Electric 22.3 Toshiba 22.4 Kontron AG 22.5 Honeywell International Inc. 22.6 Panasonic Corp. 22.7 Bosch Rexroth 22.8 Eaton Corp. 22.9 Emerson Electric Co. 22.10 Yokogawa Electric Corp. For more information about this report visit https://www.researchandmarkets.com/research/6rvchp/global_human?w=5 Did you know that we also offer Custom Research? Visit our Custom Research page to learn more and schedule a meeting with our Custom Research Manager. Media Contact: Research and Markets View original content:http://www.prnewswire.com/news-releases/global-human-machine-interface-hmi-market-2018-2023---automated-gesture-recognition-systems-to-gather-significant-interest-300730163.html SOURCE Research and Markets |