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Touch Based Human Machine Interface (HMI) - Global Market Outlook (2018-2027)

Touch Based Human Machine Interface (HMI) - Global Market Outlook (2018-2027)

4.7 (27 reviews)
Published: April 2020 ID: SMRC19100
4.7 (27 reviews)
Published: April 2020 ID: SMRC19100

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Touch Based Human Machine Interface (HMI) market is accounted for $4.13 billion in 2018 and is expected to reach $26.58 billion by 2027 growing at a CAGR of 23% during the forecast period. Some of the key factors propelling the market growth are better reliability, decrease in training, skill requirements and decline in physical or mental stress for users. However, involves safety issues is the restraining factor for the growth of the market.

Touch based human interface (HMI) is the easy, simple and normal interaction with the human equipment. The application of human device interface is rising day by day in dissimilar industries. By means of dissimilar technologies the human interaction with the machines will turn into easier and can be more visual and friendly.

By application, automotive segment is expected to grow at the significant market share during the forecast period as this interface is applied to control the temperature in vehicle and also for navigation purpose. On the basis of geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to growing technological developments, the R&D performance in the areas of HMI is mounting owing to the enlarged adoption of IoT and machine-to-machine communication (M2M) in frequent industries in this region.

Some of the key players in Touch Based Human Machine Interface (HMI) Market include ABB Ltd, Advantech Corporation, American Industrial Systems Inc, B&R Industrial Automation Corp, Beijer Electronics Inc, EAO AG, Elo Touch Solutions, Inc, ESA Automation S.p.A, Fuji Electronics Co., Ltd, General Electric, Iconics Inc, L&T Electronics and Automation FZE, Maple Systems, Inc, Mikroprojekt d.o.o, Mitsubishi Electric Corporation, Omron Corporation, Schneider Electric SE, Siemens AG, Tecnologic UK and Unitronics Inc.

Technologies Covered:
• Capacitive
• Infrared
• Resistive
• Surface Acoustic Wave
• Ultrasonic

Components Covered:
• Programmable Logic Controller
• Display Drivers
• Microcontroller
• Microprocessors
• Power Management Integrated chips (PMIC)
• Pushbuttons
 
Function Modules Covered:
• Industrial PCs
• Control panels
• Display Monitors

Sales Channels Covered:
• Direct Channel
• Distribution Channel

Applications Covered:
• Aerospace & Defense
• Automotive
• Building Automation
• Consumer Electronics
• Digital Signage
• Education
• Factory Automation
• Food and Beverages
• Healthcare
• Hospitality
• Home Automation
• Information technology
• Military
• Oil & Gas
• Retail
• Industrial
• Commercial

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

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