Touch Based Human Machine Interface (HMI) Market

Date: 2016-05

Human Machine Interface (HMI) is a device used for monitoring and control of numerous sorts of automation equipment for different industrial applications. HMIs have a wide range of variants starting from basic LED displays to high resolution multi-touch operator panels or panel PCs. This report is centred towards analysing the touch based human machine interface market. Touch screen HMIs have witnessed escalating demand and high deployment rate in the past two years that makes it one of the fastest growing market in the automation equipment and accessories business segment.
The touch based human machine interface market is expected to attain a market value of $32.61 billion by 2020 and is projected to grow at a double digit CAGR for the period 2015 – 2020. The advent of driver assistance system in automobiles, building automation equipment, smart automation and healthcare automation devices are considered to be among the growing markets for the touch based HMIs. Touch based HMIs in the factory automation and digital signage applications are all set to expand and broaden the scope of the applications in the respective industries. Factory automation, digital signage, automotive and medical devices markets are considerably more traditional domains compared to other markets of the touch based HMIs. The end user industries have shifted their focus towards automation in their production facilities to improve efficiency and reduce cost of operations. The technological shifts by the prominent OEMs have fascinated mammoth investments for developing innovative solutions in the automation market.
The touch based HMI market has been fragmented into five segments in the report. The market has primarily been segmented on the type of touch screen technology: Capacitive, Resistive, Infrared and Surface Acoustic. The touch screen HMIs market has further been segmented on the basis of components such as microcontrollers, microprocessors, PMICs, PLC and many more. The report also include a discrete analysis of the touchscreen HMI market on the basis of the function module such as control and monitoring device, industrial PCs and display monitors. Furthermore, the market has been analysed on the various end user industries that incorporate smart automation, home automation, automotive, oil & gas and many more. The report also renders a full detailed geographical study of the touch based HMI market with country level analysis.
The report also consists of detailed profiling of the major companies in the touch based HMI market including financial analysis, business strategy, product portfolio and recent developments made in the respective market. Schneider Electric, ABB Ltd, Siemens GmbH, Mitsubishi Electric and many others are among the prominent players profiled in the global touch based HMI market report.


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