Global Human Machine Interface Market Insights Forecasts to 2032

• The Global Human Machine Interface Market Size was valued at USD 5.83 Billion in 2022.
• The Market Size is Growing at a CAGR of 11.59% from 2022 to 2032
• The Worldwide Human Machine Interface Market Size is expected to reach USD 17.46 Billion by 2032
• North America is expected to Grow the fastest during the forecast period

The Global Human Machine Interface Market Size is expected to reach USD 17.46 Billion by 2032, at a CAGR of 11.59% during the forecast period 2022 to 2032. The adoption of automation in various end-user industries, like food and beverages, packaging, etc., to increase operational efficiencies is a significant trend catalyzing the expansion of the human-machine interface market.

Human machine interfaces, or HMIs, are utilized as operator control panels for PLCs, RTUs, and, in certain circumstances, IEDs. Human-machine interfaces substitute graphical illustrations of the operation process and computerized controls to impact that process for conventionally activated switches, knobs, and other types of controls. HMIs enable operators to launch and interrupt cycles, alter set points, and execute other operations necessary for adjusting and interacting with an automated process. Given that the HMI is software-based, physical cables and controllers are replaced with software parameters, allowing for very easy adaptation and adjustment.

By automating and organizing data for an operator, HMIs are utilized for maximizing an industrial process. Using HMI, operators can observe essential data represented in graphs, charts, or digital visualizations, examine and handle alarms, and link to SCADA, ERP, and MES systems all from a single interface. Operators, system designers, and engineers, especially control system engineers, are the most typical jobs that interact with HMIs.

The major players in the global human machine interfaces market include ABB, Rockwell Automation Inc., Honeywell International Inc., General Electric Co., Siemens AG, and Emerson Electric Co. The global Human Machine Interface market is extremely competitive, owing to the increasing development of emerging technologies as a result of continuous research and development and deliberate attempts by various market entities. This industry's companies are always establishing new product portfolios in order to acquire an edge in the market through acquisitions and mergers, collaborations, and continual technological advancement. The vendors are working on the creation of the highlighted products to fulfill the industry's customized demands.

For example, in May 2023, With the first MCU with voice-controlled HMI (human-machine interface) solutions, Renesas Electronics Corporation expanded its industry-leading RISC-V range. The new R9A06G150 32-bit ASSP, created in partnership with RISC-V ecosystem partners, offers a full, cost-effective, production-ready voice-control system solution that does not require RISC-V tools or upfront software investment.

Driving Factors

The key trends driving the projected expansion of the HMI market are the growing acceptance of automation technologies in the manufacturing sector and a greater concentration on real-time data analytics. Furthermore, rising consumer demand for safety standards automation technologies is an essential component of the human machine interface market expansion. likewise, the increased demand for monitoring manufacturing facilities in commercial sectors such as mining, automotive, and oil and gas increases the growing demand for human machine interface. These factors are propelling the human machine interface market forward.

Furthermore, the Internet of things (IoT) is a dominant trend, with consumer and industrial products being interconnected via the Internet. On top of that, the increasing prevalence of protocol changeover for data transmission among all connected devices is likely to drive HMI market growth. In addition, increasing industrial automation acceptance in the production process, increased use of mechanical development tools in industries like manufacturing, and increased demand for sophisticated manufacturing alternatives are all key developments in the human machine interface market. Furthermore, the incorporation of modern HMI systems and communication technologies with diverse industrial control equipment has boosted the efficiency, productivity, and flexibility of industrial assets such as equipment and machinery significantly. These drivers are projected to fuel growth in the worldwide human machine interface market over the forecast period.

HMI also plays a role in a variety of applications, including industrial plants, vending machines, food and beverage industries, pharmaceutical products, and other utilities. In these industries, HMIs, in conjunction with PLCs, constitute the backbone of the manufacturing line. For instance, in the metallurgical industry, HMI could manage the process and speed with which a metal is cut and folded. HMI improves inventory management and maintenance, requiring fewer travels to suppliers. The increasing adoption of AR and VR technology, as well as multi-touch screens, drives human machine interface market growth. Administrators can also boost productivity by lowering start-up time by implementing a configurable HMI capability. All of these aspects are expected to give compelling avenues for the expansion of the human machine interface market dominance.

Restraining Factors        

However, the high implementation cost of a human machine interface system is a significant impediment to market expansion. The inclusion of several stages, including consultation, acquisition, deployment, and running costs, that further raise the expense of the installing firm, is another factor in the extremely high installation expenditure for the HMI system. Furthermore, the high installation costs and scarcity of qualified technicians are the primary reasons for the sluggish adoption of these technologies. During the forecast period, these challenges are expected to impede human machine interface market growth.

Additionally, the employment of insufficient HMI systems might result in a variety of occupational mishaps. Human Machine Interface systems are complicated and must be operated by trained staff. These personnel must be properly trained to use the systems. Unexpected events can arise as a result of operational errors, such as failing to act on various data offered by the interface's controls or failing to use the machine's functions appropriately. All of the aforementioned challenges are projected to limit the global human machine interface market growth over the forecast time frame.

Market Segmentation

By Offering Insights

The hardware segment is dominating the market with the largest revenue share over the forecast period.

On the basis of offering, the global human machine interface market is segmented into the hardware and software. Among these, the hardware segment is dominating the market with the largest revenue share of 58.6% over the forecast period. This is mainly attributable to the requirements of hardware devices in any HMI system - every system has some type of hardware to allow communication between the user and the machine being operated. The hardware segment of the worldwide human machine interface (HMI) market encompasses the tangible elements that allow humans and machines to interact. This can include, but is not limited to, touch screens, keyboards, switches, indicator lights, and other devices. These gadgets allow operators to monitor and manage machine processes through an interface. The HMI hardware might range from the fundamental button and light sets to complex multi-touch display screens, depending on the machine's sophistication.

By Configuration Insights

The embedded HMI segment is witnessing significant CAGR growth over the forecast period.

On the basis of configuration, the global human machine interface market is segmented into embedded HMI and standalone HMI. Among these, the embedded HMI segment is witnessing significant CAGR growth over the forecast period, owing to the widespread application of embedded HMIs in consumer and industrial electronics. Human Machine Interfaces (HMIs) that are embedded are built directly into the component or system they serve to command. These interfaces are frequently identified in a wide range of equipment, from washing machines and ovens to industrial gear and automobile systems. Embedded HMIs are often developed for a single function or collection of operations and are an essential component of the overall system. They are often less complicated and compact than standalone HMIs but have become more sophisticated as technology has advanced.

By End-Users Insights

The manufacturing segment accounted for the largest revenue share of more than 57.2% over the forecast period.

On the basis of end-users, the global human machine interface market is segmented into manufacturing, automotive, aerospace & defense, energy & power, oil & gas, packaging, food & beverages, chemicals, pharmaceuticals, metal & mining, and others. Among these, the manufacturing segment is dominating the market with the largest revenue share of 57.2% over the forecast period, due to the extensive use of HMIs in manufacturing operations across a wide range of industries. Human-machine interfaces (HMIs) are widely used in the manufacturing industry for controlling, monitoring, and optimizing production operations. This encompasses embedded as well as standalone HMI systems. They deliver real-time data, boost efficiency, and allow for exact management of industrial operations. Furthermore, these HMIs control industrial automation systems, manufacturing facilities, robots, and quality control.

Regional Insights

Asia Pacific dominates the market with the largest market share over the forecast period.

Asia Pacific is dominating the market with more than 38.7% market share over the forecast period. This is mostly owing to the major manufacturing market in nations such as China, as well as the growing deployment of automation technologies. Furthermore, countries with thriving manufacturing sectors, such as Japan and South Korea, are swiftly embracing modern HMI technology to boost worker productivity and effectiveness. Furthermore, India contributes to the region's market expansion with its booming industrial sector and government measures encouraging modernization. Furthermore, the growing use of modern technologies such as IoT and AI in industrial applications drives the market for HMIs in the Asia Pacific.

North America, on the contrary, is expected to grow the fastest during the forecast period. The region is distinguished by a robust industrial sector, widespread adoption of technological innovations, and an abundance of multiple major industry participants. Automotive, pharmaceutical, and food and beverage industries, which employ HMI solutions heavily, contribute significantly to market expansion. Furthermore, the emergence of prominent HMI vendors and automated technology solution providers bolsters the market's growth in North America.

The Europe market is expected to register a substantial CAGR growth rate during the forecast period, driven by a strong manufacturing sector and advanced industrial infrastructure. Germany noted for its Industry 4.0 venture, leads the use of HMI in Europe, followed by France, the United Kingdom, and Italy. Demand for HMI solutions is driven by the region's emphasis on industrial automation for increased productivity, efficiency, and quality control.

List of Key Market Players

• Honeywell International Inc.
• Advantech Co., Ltd.
• Emerson Electric Co.
• General Electric Co.
• Mitsubishi Electric Corporation
• Yokogawa Electric Corporation
• Rockwell Automation Inc.
• ABB
• Siemens AG
• Schneider Electric SE
• Eaton Corp.

Key Market Developments

• On March 2023, Renesas Electronics Corporation, a leading provider of advanced semiconductor solutions, has added the first RISC-V MCU built for voice-controlled HMI (human-machine interface) systems to its industry-leading RISC-V portfolio. The new R9A06G150 32-bit ASSP, created in partnership with RISC-V ecosystem partners, offers a full, cost-effective, production-ready voice-control system solution that does not require RISC-V tools or upfront software investment.

• On September 2022, Pony.ai, a global leader in autonomous driving technology, announced a partnership with SAIC AI Lab, a branch of SAIC Motor. Pony.ai, in collaboration with SAIC AI Lab, launched a concept car based on the SAIC Marvel R model and will gradually build out a fleet of autonomous vehicles equipped with Pony.ai's L4-level driverless solutions. The car also has a new streamlined, compact design, as well as a new generation intelligent cockpit with a foldable steering wheel, which delivers a human-machine interaction experience that dramatically improves vehicular autonomy.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2032. Spherical Insights has segmented the Global Human Machine Interface Market based on the below-mentioned segments:

Human Machine Interface Market, Offering Analysis

• Hardware
• Software

Human Machine Interface Market, Configuration Analysis

• Embedded HMI
• Standalone HMI

Human Machine Interface Market, End-Users Analysis

• Manufacturing
• Automotive
• Aerospace & Defense
• Energy & Power
• Oil & Gas
• Packaging
• Food & Beverages
• Chemicals
• Pharmaceuticals
• Metal & Mining
• Others

Human Machine Interface Market, Regional Analysis

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • Uk
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of Middle East & Africa