Human Machine Interface Market, Global Forecast & Analysis (2012-2017)

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MarketsandMarkets Presents
Human Machine Interface (HMI) Market Worth
4,050.0 Million by 2017
http//www.marketsandmarkets.com/Market-Reports/hu
man-machine-interface-technology-market-461.html
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According to a new market research report, Human
Machine Interface (HMI) Market Global Forecast
Analysis (2012 -2017), By Product Type (Display
Terminals, Industrial PC, Interface Software,
Other Controls), Application Geography.
published by MarketsandMarkets, the total market
is expected to reach 4050.00 million by 2017, at
a CAGR of 10.13 from 2012 to 2017. Browse 136
market tables and 19 figures spread through 269
pages and in-depth TOC on this reporthttp//www.m
arketsandmarkets.com/Market-Reports/human-machine-
interface-technology-market-461.html Early
buyers will receive 10 customization on this
report.
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Due to growing technological needs, factory
automation is increasingly in use in all the
industries and hence the demand or need for HMI
is also increasing. HMI market for discrete
applications is growing at a higher rate as
compared to process applications owing to growth
of automotive, metal mining, packaging and
aviation industries. The other key factors
driving the HMI market include demand for
enhanced efficiency, high growth of software
services suitable for each applications and
increasing need for data security and reliable
hardware. The overall HMI market is estimated to
be worth 2.50 billion in 2012 and expected to
reach 4.05 billion in 2017 at a CAGR of 10.13
from 2012 to 2017. Currently Americas commands
the largest share in the global HMI market
followed by Europe and APAC. It is observed that
APAC is growing at a higher CAGR and is expected
to have the largest market share i.e. 28 of the
total HMI market by 2017. The higher CAGR of APAC
is primarily due to its fast growing economy and
increased significance for automation industries.
Human Machine Interface (HMI), as the name
describes, is an interface between operator and a
machine. The level of interaction with the
machines has increased exponentially.
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The report segregates the overall market for
Human Machine Interface (HMI) systems into
products, applications, and geography. The
products are segmented into display terminals,
industrial PCs, and interface software. The
report illustrates revenue shares of different
industrial applications of HMI- discrete
automotive, metal mining, packaging, and
aerospace defense and process food
beverage, healthcare, and oil gas industries.
The geography covers Americas, Europe, APAC, and
ROW. In this report, the market size is
forecasted using both bottoms-up and top-down
approaches. The report presents the drivers,
restraints and opportunities that shape the
present and future market of HMI.
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