Latest Report - Global Human Machine Interface (Hmi) Market to 2022: Credence Research

According to a new market report published by Credence Research Inc “Human Machine Interface (HMI) Market - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022,” the human machine interface market is predicted to reach US$ 7.10 Bn by 2022, with the Rising industrial automation across the world. High market competition forcing industrial manufacturers to invest in advanced solutions which improves productivity and reduces operating costs. This is increasing the demand for advanced human machine interface solutions which offers realistic view of their plants. Improving economic conditions and financial position of manufacturing industries is expected to influence the demand for advanced human machine interface (HMI) solutions across the world. In order to match rising mobility needs in manufacturing industries HMI solution providers are focusing on developing applications which supports remote monitoring and controlling. All the above factors are expected to spur the demand for HMI solutions through the forecast period 2015 – 2022.

Browse Full Report At : http://www.credenceresearch.com/report/human-machine-interface-hmi-market

Interface software and solutions accounted for the largest revenue share in 2014 and is expected to remain the largest segment by product type throughout the forecast period. Rising demand for PC based open source human machine interface (HMI) solutions is expected to influence the demand for interface software and solutions across the world. Display and touchscreen technology also expected to see a significant growth through the forecast period with rising demand for mobile devices such as tablets, laptops, smartphones and others.

Automotive industry represents the largest end use segment for human machine interface solutions and accounted for the 15.8% of revenue share in 2014. Automotive manufacturers are investing significant amount in advanced solutions to improve their productivity which represents a...