Human Machine Interface Market - Growth, Trends, COVID-19 Impact, and Forecasts (2021 - 2026)

The Human Machine Interface Market is segmented by Type of Offering (Hardware, Software, and Service), End-User Industry (Automotive, Food and Beverage, Packaging, Pharmaceutical, Oil and Gas, Metal and Mining), and Geography.

Market Snapshot

human machine interface market
Study Period:

2018 - 2026

Base Year:

2020

Fastest Growing Market:

Asia Pacific

Largest Market:

North America

CAGR:

10.3 %

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Market Overview

The global human machine interface market was valued at USD 3.71 billion in 2020, and it is expected to reach a value of USD 7.24 billion by 2026, at a CAGR of 10.3%, over the forecast period (2021-2026). Features, such as alarm warnings, safe messaging, and improved internal communications, are expected to provide an advantage to a facility regarding security, operations, and production. Newer HMI is expected to reduce operation costs by substituting traditional push buttons, indicator lights, and selectors and lowering the requirement of additional display panels and cables and further enhancing monitoring of the machines.

  • The significance of user interfaces has become increasingly clear over the past years. Apple's products, such as iPod or iPhone, are iconic examples of the way intuitive user interfaces have entirely changed the perception of particular product types. The success of Apple's products and other consumer-oriented merchandise clearly shows that standard aesthetics products, graphics, and environment significantly contribute to brand distinction and consistent customer experiences. Many industrial corporations have arrived at the same conclusion and are starting to focus more on the quality of user interfaces in their products. Higher levels of functionality and interactions embedded in the HMI and increasing need of users, such as multi-touchscreens and high-quality displays, are expected to drive the market growth.
  • Also, HMI is used in various avenues, including manufacturing plants, vending machines, the food and beverage industry, pharmaceuticals, and other utilities. HMIs, in combination with PLCs, are the mainstay of the production line in these industries. The integration of the HMI into manufacturing has vastly improved operations. The HMI enables for supervisory control and data acquisition in the entire system, so parameter changes are feasible as the operator's choosing. For example, in the manufacturing of metals, HMI might control the method and speed at which a metal is cut and folded. HMI offers improved stock control and replenishment, so fewer trips are required out to vendors.
  • Also, IoT is a dominating trend with industrial and consumer products being connected via the internet. According to the World Bank, the number of IoT connected devices rose to 20.35 billion in 2017 from 15.41 billion in 2015 and is expected to reach 51.11 billion devices by 2023. The need for HMIs to become more sophisticated is increasing to operate these increasing numbers of connected devices. Also, the rise of Industry 4.0 and the Industrial Internet of Things (IIoT) has made this more accessible, as it has become easier to turn smartphones into a form of mobile HMI, and technologies, such as smartwatches, has made HMI wearable, increasing its accessibility and ease of use.
  • The outbreak of COVID-19 is expected to influence the global industrial spending significantly over the coming years, as the non-operational status of various industries deemed non-essential by governments across the world are facing huge losses, which is expected to influence their tech spending till the end of 2021 (assumptions are based on the current pandemic scenario).
  • The automotive industry, which was already facing a slump in sales during 2019, is expected to observe the continued drop in sales until the end of 2020. This is expected to significantly influence the production facilities spending on technological upgrades involving HMI to enhance the production capacities.

Scope of the Report

Human machine interface (HMI) is used to optimize a process, by centralizing and digitizing, for the user, where the operators can see important pieces of information in different forms of graphs, chatbots, or digital assistance. Adoption of automation in various end-user industries, like in food and beverages, packaging, etc. to increase operational efficiencies is a significant trend catalyzing the expansion of the human machine interface market. The increasing number of industrial applications and automation in the United States is expected to propel the utilization of human-machine interfaces in the country, helping the industry grow.

By Type of Offering
Hardware
Software
Services
By End User Industry
Automotive
Food and Beverage
Packaging
Pharmaceutical
Oil and Gas
Metal and Mining
Other End Users
Geography
North America
United States
Canada
Europe
United Kingdom
Germany
France
Rest of Europe
Asia Pacific
China
Japan
India
Rest of Asia Pacific
Latin America
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
Saudi Arabia
United Arab Emirates
Rest of Middle East and Africa

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Key Market Trends

Automotive is Expected to Hold Significant Share

  • The automotive sector finds significant HMI applications among various end-user industries. The presence of some leading manufacturers, along with the increase in consumption, drives the market value globally. For instance, registrations of alternatively-powered cars in the European Union incurred a steady growth of about 46.2%. By July 2019, 110,630 electrically-chargeable vehicles (ECV) were registered, which is 51.8% more than that in 2018. Nowadays, vehicles are equipped with multiple HMI systems that require several device-specific operating systems to work in unison.
  • In September 2019, DENSO Corporation and BlackBerry Limited launched the first integrated Human Machine Interface (HMI) digital cockpit system with BlackBerry QNX technology that has shipped in the primary vehicles by leading Japanese automotive manufacturer, SUBARU. The technology which is named as DENSO ‘Harmony CoreTM’, will be available first in the United States from Autumn 2019 in the all-new 2020 SUBARU Legacy and Outback (U.S. model). This blend of advanced software and human interaction creates a seamless automotive user experience as the usage of data-driven connected vehicles is rising.
  • In January 2020, DENSO Corporation and Qualcomm Technologies, Inc., formed a partnership for developing next-generation cockpit systems. In recent years, the amount of information provided by a vehicle to the driver has increased due to advanced driver assistance functions using cameras and sensors and various entertainment functions. With these opportunities for vehicle-driver communication, human-machine interfaces play a crucial role in providing updates to drivers swiftly, productively and safely, and in a way that does not cause distraction. It is a process made possible by multiple HMI products working simultaneously, such as the instrument cluster, in-vehicle multimedia, and Head-Up Display.
  • In January 2020, Continental announced that it had developed an efficient solution for human-machine interaction (HMI), specially designed for autonomous vehicles. The concept also helps the user to plan the next course of their journey and provide relevant information about social events. This solution was developed in the CUbE, Continental’s development platform for driverless technologies. Autonomous shuttle buses or Robo-taxis currently being tested along predetermined routes will pave the way for tomorrow’s driverless vehicles, which will smoothly navigate complex traffic scenarios. But before they become mainstream on urban roads, Robo-taxis must gain wide-ranging user acceptance and trust.
Human Machine Interface Market

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Asia-Pacific is Expected to Witness Fastest Growth

  • Asia-Pacific is expected to grow at a higher growth rate, compared to other regions, because of the increase in disposable income and an increase in population. In this region, China and Japan are considered to be the manufacturing hubs of the pieces of equipment required for the human interface machine. Also, in India, manufacturing has emerged as one of the high-growth sectors. 'Make in India' initiative places India on the global map as a manufacturing hub and gives significant recognition to the Indian economy. According to the Indian Brand Equity Foundation, India's manufacturing sector is expected to reach USD 1 trillion by 2025, and India is expected to rank one among the top three growth economies and manufacturing countries of the world by the year 2020.
  • In January 2020, Zhejiang University announced the success of China's first brain-computer interface (BCI) implant. A man surnamed Zhang has wholly paralyzed in a car accident two years ago, but the human-machine interface technology has helped him do what he couldn't before. The brain-machine interface provides a new communication and control pathway between the brain and other devices, which includes artificial limbs. Thus, brain signals can control the external devices by computer interpretation if the spinal cord and neuronal pathways are damaged, but the cerebral cortex is still functional. The implantation was jointly completed by Zhejiang University and the Second Affiliated Hospital Zhejiang University School of Medicine.
  • In December 2019, Cerence Inc. introduced Cerence ARK (AI Reference Kit). This new, turnkey automotive product enables Chinese automakers to quickly develop, deploy, and manage a fully localized automotive voice assistant. Utilizing the company's deep expertise in Chinese speech recognition and automotive Artificial Intelligence, ARK provides a human-machine interface with advanced voice-based AI capabilities for significant automotive platforms and operating systems. ARK requires limited customization, which can drastically reduce time to market and delivers value quite fastly which is critical for automakers and suppliers, who are required to innovate at a faster speed to meet consumer demand for voice assistants and to gain a competitive edge.
  • Bosch which is one of the primary automotive and industrial technology provider has announced that India is one of the major countries in the adoption of the Internet of Things (IoT) in the Asia Pacific region, and the domain of industrial IoT (IIoT) solutions is expected to lead this change. When it comes to intelligent manufacturing, which is also known as cyber-connected manufacturing systems or Industry 4.0 technology, Bosch India mainly focuses on offering software solutions with a comprehensive human machine interface (HMI) and user experience. The company mentioned that India's manufacturing sector is witnessing a transformational phase with smart manufacturing, gaining increasing ground in the scheme of regional business operations.
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Competitive Landscape

The intensity of competitive rivalry in this market is high, due to large-scale companies, such as ABB Ltd, Siemens AG, Rockwell Automation Inc., Honeywell International Inc., and Schneider Electric SE. Changing operational and business needs have actuated supported advancements with regards to HMI innovation. Evolved forms of HMI, such as high-performance HMIs, touch screens, and mobile devices, along with more traditional models, are available in the market. The players in this industry are continually developing a new product portfolio to gain competitive advantages with mergers and acquisitions, partnerships, and constant innovations.

  • February 2020 - ABB Power Grids has announced the introduction of MicroSCADA X, the industry-acclaimed power and automation control solution, to customers in India. The new version provides a unified experience, giving utilities and businesses one vision of their power networks. MicroSCADA X features a next-generation human-machine interface (HMI), enabling an intuitive and adaptive experience that provides clear and simplified insights into customers’ power infrastructure.
  • February 2020 - Rockwell Automation, Inc. has signed an agreement to acquire Italy-based ASEM, S.p.A., which engages in the development of digital automation technologies. ASEM provides a wide range of Human-Machine Interface (HMI) hardware and software, remote access capabilities, and secure Industrial IoT gateway solutions.

Table of Contents

  1. 1. INTRODUCTION

    1. 1.1 Study Assumptions and Market Definition

    2. 1.2 Scope of the Study

  2. 2. RESEARCH METHODOLOGY

  3. 3. EXECUTIVE SUMMARY

  4. 4. MARKET INSIGHTS

    1. 4.1 Market Overview (includes impact of COVID-19 on the market)

    2. 4.2 Industry Value Chain Analysis

    3. 4.3 Industry Attractiveness - Porter's Five Forces Analysis

      1. 4.3.1 Bargaining Power of Suppliers

      2. 4.3.2 Bargaining Power of Consumers

      3. 4.3.3 Threat of New Entrants

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry

    4. 4.4 Technology Snapshot

  5. 5. MARKET DYNAMICS

    1. 5.1 Market Drivers

      1. 5.1.1 Shift toward Industry 4.0 and Adoption of IoT

      2. 5.1.2 Increasing Focus on Developing Manufacturing Processes

    2. 5.2 Market Restraints

      1. 5.2.1 Higher Initial Cost and Lack of Skilled Operators

  6. 6. INDUSTRY POLICIES

  7. 7. MARKET SEGMENTATION

    1. 7.1 By Type of Offering

      1. 7.1.1 Hardware

      2. 7.1.2 Software

      3. 7.1.3 Services

    2. 7.2 By End User Industry

      1. 7.2.1 Automotive

      2. 7.2.2 Food and Beverage

      3. 7.2.3 Packaging

      4. 7.2.4 Pharmaceutical

      5. 7.2.5 Oil and Gas

      6. 7.2.6 Metal and Mining

      7. 7.2.7 Other End Users

    3. 7.3 Geography

      1. 7.3.1 North America

        1. 7.3.1.1 United States

        2. 7.3.1.2 Canada

      2. 7.3.2 Europe

        1. 7.3.2.1 United Kingdom

        2. 7.3.2.2 Germany

        3. 7.3.2.3 France

        4. 7.3.2.4 Rest of Europe

      3. 7.3.3 Asia Pacific

        1. 7.3.3.1 China

        2. 7.3.3.2 Japan

        3. 7.3.3.3 India

        4. 7.3.3.4 Rest of Asia Pacific

      4. 7.3.4 Latin America

        1. 7.3.4.1 Brazil

        2. 7.3.4.2 Argentina

        3. 7.3.4.3 Mexico

        4. 7.3.4.4 Rest of Latin America

      5. 7.3.5 Middle East and Africa

        1. 7.3.5.1 Saudi Arabia

        2. 7.3.5.2 United Arab Emirates

        3. 7.3.5.3 Rest of Middle East and Africa

  8. 8. COMPETITIVE LANDSCAPE

    1. 8.1 Company Profiles

      1. 8.1.1 ABB Ltd

      2. 8.1.2 Honeywell International Inc.

      3. 8.1.3 Rockwell Automation Inc.

      4. 8.1.4 Mitsubishi Electric Corporation

      5. 8.1.5 Schneider Electric SE

      6. 8.1.6 Emerson Electric Co.

      7. 8.1.7 General Electric Co.

      8. 8.1.8 Texas Instruments Inc.

      9. 8.1.9 Yokogawa Electric Corporation

      10. 8.1.10 Siemens AG

      11. 8.1.11 Robert Bosch GmbH

      12. 8.1.12 Eaton Corporation

    2. *List Not Exhaustive
  9. 9. INVESTMENT ANALYSIS

  10. 10. FUTURE OF THE MARKET

**Subject to Availability

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Frequently Asked Questions

The Human Machine Interface Market market is studied from 2018 - 2026.

The Human Machine Interface Market is growing at a CAGR of 10.3% over the next 5 years.

Asia Pacific is growing at the highest CAGR over 2021- 2026.

North America holds highest share in 2020.

  • Honeywell International Inc.
  • Siemens AG
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • ABB Ltd

Are the major companies operating in Human Machine Interface Market.

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