Human-Machine Interface Market by Offering (Hardware, Software), by Deployment Mode (On-Premise, Cloud), by Configuration (Embedded HMI, Standalone HMI), by Industry Vertical (Oil and Gas, Food and Beverages, Chemicals, Pharmaceuticals, Metal and Mining, Automotive, Aerospace, Others), and by Region (North America, Europe, Asia Pacific, Middle East and Africa, and South America), Global Forecast 2022 to 2032

Market Analysis and Insights

In 2022, the market for human-machine interfaces was estimated to be worth USD 5.85 billion. From 2022 to 2032, the market size is expected to grow at a CAGR of 11.60%. By 2032, it is anticipated that the global market for human-machine interfaces would be worth USD 17.48 billion.

Due to the growing need for efficiently could monitoring production facilities across several industries, such as the automotive, mining, and oil and gas industries, HMI software is in high demand. In addition, the manufacturing and processing sectors' increasing desire for smart technology solutions is anticipated to fuel the market for human-machine interfaces.

Humanmachine Interface  Market Scope: 

Market Definition

An electronic device's human-machine interface (HMI) is a feature that enables simple user interaction and communication with a machine or system.  A variety of hardware and software elements make up an HMI, which transforms user input into signals that a machine may utilize to generate output. The transmission of information via sound, sight, heat, and touch is also possible thanks to the employment of motion sensors, peripheral devices, speech-recognition interfaces, and other gadgets. Along with raising client happiness, effectiveness, and comfort, it assists in lowering mistakes.

The market for human-machine interfaces is growing as a result of the rise in industrial automation. Aiming to minimize human involvement in the creation of goods and services, industrial factories and control automation systems are used. The manufacturing output is then increased as a result of the labor and production expenses being reduced. 

Key Market Segmentation

Insights on Offerings

The Hardware Segment Valued for the Highest Share The hardware segment will provide the most money in 2021 in terms of offerings. The necessity for firms to cut back on capital and operational expenses (CAPEX and OPEX) is said to be the cause of this. As a result of the rapid use of HMI software for automation, the software segment is predicted to see the fastest growth rate in the human-machine interface market.

Insights on Region

The North American Region Accounted for the Highest Share Due to its sophisticated industrial sectors and rapid adoption of technology, North America, and more specifically the United States, was one of the top areas in the HMI industry. The market grew as a result of the existence of significant HMI solution providers and the rising need for automation testing in the manufacturing and process sectors. HMI applications in smart devices and vehicle infotainment systems contributed significantly to the expansion of the HMI market in the area.

Key Company Profiles

Emerson Electric Co., ABB, Yokogawa Electric Corporation, Schneider Electric, Siemens AG, Honeywell International Inc., Advantech Co., Ltd., General Electric, Mitsubishi Electric Corporation, and Rockwell Automation, Inc. are a few significant market players in the global market. 

COVID-19 Impact and Market Status

There may have been an upsurge in demand for HMIs that offer remote access and control as a result of the COVID-19 epidemic mandating social isolation and distant work arrangements. 

Industries that rely significantly on HMIs, including manufacturing and industrial automation, may have looked at ways to let personnel control equipment and procedures from a distance. 

Similar to many other sectors, the HMI industry may have had supply chain hiccups as a result of travel restrictions, plant closings, and logistical difficulties. HMI system manufacturing, delivery, and installation might have been delayed as a result. 

Due to the epidemic, several sectors may have changed their objectives. For instance, it's possible that the healthcare and pharmaceutical industries have placed more of an emphasis on medical equipment and technology connected to patient care and remote monitoring, which might have an impact on the demand for particular kinds of HMIs.

Economic uncertainty was brought on by the pandemic, and in some of the sectors worst impacted, there may have been a temporary pause or reduction in investment in new HMI installations.

Latest Trends

1. The introduction of touchless or contactless interfaces to reduce the danger of viral transmission through physical contact was spurred by the Covid-19 epidemic. Due to this trend, voice recognition, facial recognition, and gesture detection technologies have been included in HMIs, allowing users to communicate without touching the panels or actual controls. 

2. Through the provision of immersive and interactive interfaces, AR and VR technologies were making their way into HMIs and improving the user experience. For instance, whereas VR can replicate complicated settings for training and simulation reasons, AR overlays may present real-time information on tangible things. 

3. The capacity of HMIs to comprehend and respond to natural language commands and questions improved as NLP technology advanced. NLP integration improved user interactions, improving the HMI's usability and intuitiveness.

4. Wearable technology and mobile devices are rapidly being utilized as HMI interfaces, enabling users to manage and monitor their smartphones, smartwatches, and other wearables.

5. To build increasingly connected and intelligent ecosystems, HMI systems were being combined with IoT devices and networks. Through a single interface, this integration enabled users to manage and keep an eye on a variety of IoT systems and devices.

Significant Growth Factors

The need for sophisticated HMIs to monitor and manage intricate systems and processes was fueled by the growing use of automation in sectors including manufacturing, automotive, aerospace, and healthcare.

The Internet of Things (IoT) and Industry 4.0 efforts were integrated with HMIs to provide seamless communication and data sharing between machines and systems, which increased production and efficiency. HMIs have become more user-friendly and intuitive as a result of the introduction of high-resolution, touch-sensitive screens.

Users were used to interactive interfaces thanks to the widespread usage of touchscreen devices like smartphones and tablets, which enhanced the popularity of HMIs in a variety of applications.

The adoption of HMIs in automobiles was accelerated by the expansion of the automotive industry and the desire for linked and user-friendly entertainment systems. Better patient care, remote monitoring, and medical data management were made possible in the healthcare industry by the use of HMIs in diagnostic and medical equipment.

Restraining Factors 

It may be expensive to implement complex HMIs, especially for small and medium-sized enterprises. Additionally, there may be compatibility and complexity issues when integrating HMIs with existing systems.

Due to the potential cybersecurity risks posed by growing connectivity, it is essential to implement strong security controls to protect vital systems from intrusions. To operate and maintain complex HMIs efficiently, users and technicians may need specialized training, which can lead to skill shortages and prevent general adoption. Slower adoption rates may result from certain users' resistance to using new HMIs, particularly in sectors where manual procedures are well-established. Although HMIs have come a long way, there are still certain technological barriers to overcome, such as the need for more precise speech recognition and haptic feedback to further improve user experience.

The COVID-19 pandemic disrupted supply chains, reduced the availability of workers, and increased economic instability, all of which may have had an impact on the development and investment in the HMI market.

Recent Developments in the Global Human Machine Interface Market: A Snapshot

• ABB announced the availability of ABB Ability NGX Hoist Control in May 2022. This product enables mining firms to maximize the performance and security of hoist operations. Modern ergonomic and human-factors engineering principles were used in its design. It also incorporates the most up-to-date and user-friendly operator interface thanks to the latest human-machine interface (HMI) insights.

• Integrated control and safety system (ICSS) for the most cutting-edge biofuel production facility to be developed in Spain would be provided by Honeywell, Repsol stated in January 2022. The company added that the new plant would operate efficiently, sustainably, and with minimal emissions by utilizing a variety of Honeywell distributed control systems (DCS), fire and gas (F&G), emergency shutdown (ESD), and human-machine interface (HMI) solutions.

Key Segments of Human-Machine Interface Market

by Type 
• Hardware
• Software

by Deployment Mode Overview 
• On-Premise
• Cloud

by Configuration Overview 
• Embedded HMI
• Standalone HMI

by Industry Vertical Overview 
• Oil and Gas
• Food and Beverages
• Chemicals
• Pharmaceuticals, 
• Metal and Mining, 
• Automotive, 
• Aerospace
• Others

Regional Overview 

North America
• U.S
• Canada
Europe
• Germany
• France
• UK
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• Rest of Asia Pacific
South America
• Mexico
• Brazil
• Rest of South America