Human Machine Interface Market Size 2013 - 2019

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Transparency Market Research

Human Machine Interface Market (HMI) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019

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Human Machine Interface Market is expected to Exceed USD 5,579.0 Million by 2019: Transparency Market Research

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Human Machine Interface Market

REPORT DESCRIPTION

According to a new market report published by Transparency Market Research "Human Machine Interface Market (HMI) (Display/Touch screen, Interface software, Industrial PCs and Others) -Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2013 - 2019," the global market is expected to reach a value of USD 5,579.3 million by 2019, at a CAGR of 10.4% from 2013 to 2019. Due to rising demand for industrial automation and interface software solutions to improve operational efficiency rapid development is expected in the industry in the following decade. HMI market is growing due to growth of oil and gas, automotive, metal and mining industries and increasing production needs in these industries. Another major factor which is expected to drive the HMI market is, rising demand for mobility to access data from multiple locations for real time monitoring of machinery. Based on products, human machine interface is categorized into display or touchscreens, interface software, industrial PC's and other controllers. Interface software segment is the largest and projected to be the fastest growing product type and accounted for more than 41.0% of the market share of total HMI market in 2012. Rising demand for data monitoring and controlling application in the automation industries is...