Market Scope
The HMI software market 2020 can record a decent CAGR of 9.1% from 2019 and 2025 (review
period), reveals Market Research Future (MRFR).
Top Boosters and Main Barriers
Surge in the adoption of industrial automation in the manufacturing
industry is deemed to be one o the chief factors boosting the growth of the HMI
software market. Rising integration of analytics software with various products
to enhance the productivity as well as quality can also lead to more business
growth in the near future. With the increasing deployment of innovative
technologies like artificial vision offers HMI devices the ability to
automatically carry out control, classification and measure functions.
Over the years, the HMI industry has noted a surge in technological
advancements such as Light Emitting Diode or LED indicators, touchscreen and
graphic oriented terminals and others. The surging integration of Wi-Fi and
Bluetooth in these products has led to a higher device mobility, which can
boost the market demand in the ensuing period.
Mounting demand for high-resolution screens that efficiently analyze the
process can offer a host of lucrative opportunities to the market vendors in
the coming years. Also, continuous upgrade and updating of computer processors
to replace traditional systems can boost the product demand. Improvements in
the broadband access technology are also projected to drive the growth avenues
in the next few years.
Market Segmentation
The HMI software market segmentation includes component, product type,
configuration type, type, technology and end-user.
The components listed in the report are on-premise and cloud-based.
Various product types studied in the report are hardware-independent,
open-source software and proprietary software.
Depending on the configuration type, the market segments include
embedded HMI and proprietary stand-alone HMI.
The types of HMI software are machine-level HMI and proprietary supervisory
level HMI.
Technology-wise market segments are acoustic, optical, tactile, motion
and bionic.
The main end-users in the market are energy and power, oil and gas,
chemical, packaging, pharmaceutical, electronics, automotive, food and
beverages, semiconductor, metals and mining, and aerospace and defense. The
demand for HMI software is quite high in the pharmaceutical industry in
conjunction with the rising adoption of automation. Besides, many of the
companies are adopting philosophies, like six sigma and lean manufacturing,
leading to higher efficiency.
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Regional Insight
The global HMI software market is
geographically categorized as Europe, North America, Middle East & Africa
(MEA) and Asia Pacific (APAC).
North America achieved the leading
position in 2018, capturing a share of 33.32% of the global market. The market
in the region has mushroomed quite significantly over the years, backed by the
rising adoption of robots in various industries combined with the mounting
demand for better communication in several industrial processes. With the high
concentration of highly renowned solution providers and the surge in high-end
production activities such as digital assistants and chatbots the HMI software
market in the region is bound to note further success in the approaching
years.
Europe clinched the second position in the
global market in 2018, with most of the market condensed into countries like
Germany, the UK, Italy, and France. MRFR expects Germany to seize the largest
share in the regional market, with the UK and France coming in second and
third, respectively. The lucrative market in the region is the result of the
rising number of industrial robots and the increasing need for enhanced
communication in industries.
The human machine interface market in APAC
can attain the fastest growth rate during the evaluation period, on account of
the rising industrialization and the easy availability of raw materials as well
as low-cost labor. The market demand is also catalyzed by the expansive
manufacturing hubs in Japan and China, which produce a number of equipment used
in the human interface machine. Likewise, the Indian manufacturing sector
has grown considerably in the past decade, with the surge in the number of
programs like ‘Make in India’ aiding in the growth, which favors the HMI
software market as well.
Prominent Contenders
Some of the prominent contenders in the
HMI software market are National Instruments, Schneider Electric, Siemens,
COPA-DATA, Beijer Electronics, B-Scada, Rockwell Automation, Inductive
Automation, AdroIT Technologies, Brainchild Electronic, General Electric,
Elipse Software, to name a few.
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