Human machine interface market or human machine interface technology market

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    19-Mar-2016

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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 (www.marketsandmarkets.com), the total market is expected to reach $4050.00 million by 2017, at a CAGR of 10.13% from 2012 to 2017.

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<ul><li><p>Human Machine Interface (HMI) Market Worth $4,050.0 Million by 2017 </p><p>According to a new market research report, Human Machine Interface (HMI) Market Global Forecast &amp; Analysis (2012 -2017), By Product Type (Display Terminals, Industrial </p><p>PC, Interface Software, Other Controls), Application &amp; Geography. published by MarketsandMarkets (www.marketsandmarkets.com), the total market is expected to reach </p><p>$4050.00 million by 2017, at a CAGR of 10.13% from 2012 to 2017. </p><p>Browse 136 market tables and 19 figures spread through 269 pages and in-depth TOC </p><p>on Human Machine Interface (HMI) Market Global Forecast &amp; Analysis (2012 -2017), By Product Type (Display Terminals, Industrial PC, Interface Software, Other Controls), </p><p>Application &amp; Geography. http://www.marketsandmarkets.com/Market-Reports/human-machine-interface-technology-</p><p>market-461.html </p><p>Early buyers will receive 10% customization of reports </p><p>Due to growing technological needs, factory automation is increasingly in use in all the </p><p>industries and hence the demand or need for HMI is also increasing. HMI market for discrete </p><p>applications is growing at a higher rate as compared to process applications owing to growth of </p><p>automotive, metal &amp; mining, packaging and aviation industries. The other key factors driving the </p><p>HMI market include demand for enhanced efficiency, high growth of software services suitable </p><p>for each applications and increasing need for data security and reliable hardware. </p><p>Global HMI Market, 2011 - 2017 </p><p>Source: MarketsandMarkets Analysis </p></li><li><p>The overall HMI market is estimated to be worth $2.50 billion in 2012 and expected to reach </p><p>$4.05 billion in 2017 at a CAGR of 10.13% from 2012 to 2017. Currently Americas commands </p><p>the largest share in the global HMI market followed by Europe and APAC. It is observed that </p><p>APAC is growing at a higher CAGR and is expected to have the largest market share i.e. 28% of </p><p>the total HMI market by 2017. The higher CAGR of APAC is primarily due to its fast growing </p><p>economy and increased significance for automation industries. Human Machine Interface (HMI), </p><p>as the name describes, is an interface between operator and a machine. The level of interaction </p><p>with the machines has increased exponentially. </p><p>The report segregates the overall market for Human Machine Interface (HMI) systems into </p><p>products, applications, and geography. The products are segmented into display terminals, </p><p>industrial PCs, and interface software. The report illustrates revenue shares of different industrial </p><p>applications of HMI- discrete: automotive, metal &amp; mining, packaging, and aerospace &amp; </p><p>defense; and process: food &amp; beverage, healthcare, and oil &amp; gas industries. The geography </p><p>covers Americas, Europe, APAC, and ROW. In this report, the market size is forecasted using </p><p>both bottoms-up and top-down approaches. The report presents the drivers, restraints and </p><p>opportunities that shape the present and future market of HMI. </p><p>About MarketsandMarkets </p><p>MarketsandMarkets is a global market research and consulting company based in the U.S. We </p><p>publish strategically analyzed market research reports and serve as a business intelligence partner </p><p>to Fortune 500 companies across the world. </p><p>MarketsandMarkets also provides multi-client reports, company profiles, databases, and custom </p><p>research services. MarketsandMarkets covers thirteen industry verticals, including advanced </p><p>materials, automotive and transportation, banking and financial services, biotechnology, </p><p>chemicals, consumer goods, energy and power, food and beverages, industrial automation, </p><p>medical devices, pharmaceuticals, semiconductor and electronics, and telecommunications and </p><p>IT. </p><p>We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight </p><p>with our huge market intelligence repository. </p><p>Contact: </p><p>Mr. Rohan North - Dominion Plaza, </p><p>17304,Preston Road, </p><p>Suite 800, Dallas, TX 75252 </p><p>Tel: 1-888-600-6441 </p><p>Email: sales@marketsandmarkets.com </p></li></ul>

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