LONDON, Jan. 23, 2017 /PRNewswire/ -- The LAMEA Human Machine Interface Market is expected to reach $633.8 million by 2022, growing at a CAGR of 22.3% during 2016 -2022.
Advancement in broadband access technology would significantly influence the demand during the forecast period. Display terminals are widely used in industrial automation systems in addition to interface software. Technological advancements have brought in a change from traditional Cathode Ray Tube (CRT)-based video terminals to innovative TFT-based capacitive displays. In addition to the capacitive display, LED, and LCD-based UHD displays would also offer significant opportunities for the industry growth. HMI terminals are widely used within the manufacturing industry to improve the overall plant management by offering a platform for seamless communication between users & machines. Rapid industrialization in several emerging economies such as India and China would be one of the major factors for the market growth.
The report highlights the adoption of Human Machine Interface market in LAMEA (Latin America, Middle East and Africa). Based on the Type, the Human Machine Interface Market is segmented into Hardware, Software and Services segment. Based on the Product, the Hardware segment is bifurcated into Displays Terminals, Interface Software, Industrial PCs and Other Controllers sub-segments. According to the Application, the Wireless Audio Devices Market is segmented into Automotive, Healthcare, Food & Beverages, Oil & Gas, Packaging, Defense & Aerospace and Other segments. The countries included in the report are Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria and Rest of LAMEA.
Key Players profiled in the report include Advantech Co. Ltd., America Industrial Systems, Beijer Electronics, Eaton Corporation, Yokogawa Electric Corporation, Rockwell Automation, ABB Group, General Electric, Honeywell and Siemens.
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