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Human Machine Interface Market to See 7% CAGR to 2019


News provided by

RnR Market Research

May 13, 2015, 02:20 ET

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DALLAS, May 13, 2015 /PRNewswire/ --

The Global Human Machine Interface (HMI) Market 2015-2019 research report says growing need for higher efficiency is expected to propel the global human machine interface market for the next 4 to 5 years.

Complete report on the human machine interface market spread across 67 pages, analyzing 4 major companies and providing 33 data exhibits to support the market analysis is now available at http://www.rnrmarketresearch.com/global-human-machine-interface-hmi-market-2015-2019-market-report.html .

The need for higher efficiency in plant operations is driving the packaging, food and beverage, and automotive industries to adopt human machine interface (HMI) devices. There is a demand for reducing human interface and increasing real-time monitoring and process control to prevent damages to life and property. The use of automation systems reduces maintenance costs and machine downtime, and increase productivity by providing accurate operations information to improve the decision-making process.

According to this latest human machine interface market research report, the need to innovate advanced human machine interface devices is expected to make vendors in the market invest more in their R&D capabilities. Vendors are increasingly developing multi-touch panels for HMIs because of the increased implementation of smartphones and other touch devices. This report covers the present scenario and the growth prospects of the global HMI market for the period 2015-2019. The report includes two major revenue segments: software and services. It considers revenue generated from HMI licenses and services.

Companies like General Electric, Schneider Electric, Siemens, Rockwell Automation, Advantech, Beijer Electronics, Bosch Rexroth, EAO, Eaton, Elipse Software, Emerson Electric, Digital Electronics, Honeywell International, Mitsubishi Electric, Omron and Yokogawa Electric are mentioned in this human machine interface market research available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=376030 .

HMI systems are a combination of software and hardware that provide an interface between automated systems and humans by using HMI software or HMI panels. It helps operators interact with automated systems in vehicles and understand the plant floor automation process. HMIs are widely used in high-end vehicles and are expected to be introduced into low-cost vehicles over the coming years. They provide inputs and monitor, control, and check various parameters of control systems in vehicles. The Global Automotive Human Machine Interface market is currently experiencing a rapid growth. The majority of the market growth stems from the Americas.

Another research titled Global Automotive Human Machine Interface (HMI) Market 2015-2019 forecasts the automotive HMI market to grow at 11.25% CAGR to 2019. This report considers 2014 as the base year and provides data for the 12 trailing months. It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors. In addition, the report discusses the major drivers that influence the growth of the Global Automotive Human Machine Interface market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market.

According to this new automotive HMI market research, innovations in automotive HMI will enhance adoption of HMI systems in small, medium & premium car segments by 2019. Consumers have been gravitating towards smaller and smarter cars. While premium brands like Mercedes-Benz and Audi are still key for market growth, the market is witnessing a growing focus on reducing prices of HMI systems to cater to the needs of low-end vehicle manufacturers.

To penetrate the market, vendors and service providers are incorporating new ideas and innovations into existing systems. It is expected that functions like cruise control, telephony and media controls will be installed in steering wheels to create a better interface between driver and vehicle in both premium and low-cost vehicles over the forecast period. Infotainment devices used for communication, entertainment and navigation are expected to influence demand for telematics devices, which will also spur market growth.

Companies like Delphi Automotive, Johnson Controls, Magneti Marelli, Valeo, Alpine, Altran Praxis, APV Safety Products, Clarion, Cypress Semiconductor, DENSO, EAO, Gracenote, Harman, Immersion, Loquendo, Mecel, Nippon Seiki, Nuance Communications, Sharp Microelectronics of the Americas, Toshiba Mobile Display, Visteon and VoiceBox Technologies are mentioned in this automotive HMI market report available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=308712 .

On the software and enterprise computing market and related topics, RnRMarketResearch.com has multiple reports that might be of interest:

SCADA Market by Components (PLC, RTU, HMI, Communication Systems), Architecture (Hardware, Software, Services), Application (Oil & Gas, Power, Water & Wastewater, Transport, Manufacturing, Chemicals), and Geography - Analysis & Forecast to 2013 - 2020: The high potential from renewable energy and high investments in infrastructure are some of the factors that are driving the SCADA market. The SCADA market is expected to reach up to $11.16 billion by 2020, at an estimated CAGR of 7.24% from 2014 to 2020. APAC has been estimated to account the highest CAGR of 8.06% from 2014 to 2020 amongst all the geographic regions due to high investments in infrastructure development, mainly from countries such as China and India. Companies like ABB Ltd, Emerson Electric Co., Honeywell International, Rockwell Automation, Seimens AG, Alstom, Omron, Schneider Electric and Yokogawa Electric Co. are profiled in this SCADA market research available at http://www.rnrmarketresearch.com/scada-market-by-components-plc-rtu-hmi-communication-systems-architecture-hardware-software-services-application-oil-gas-power-water-wastewater-transport-manufacturing-chemicals-market-report.html .

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