According to the new research report published by The Insight Partners, titled “Human Machine Interface Market – Global Analysis and Forecast to 2027”, the global human machine interface market is expected to reach US$ 8.77 Bn by 2027, registering a CAGR of 9.9% during the forecast period 2020-2027.
HMIs usually contain sensitive display elements and backlights and are likely to have operating temperature ranges that are more stringent than other automation components. The display brightness (generally measured in nits) and the estimated lifespan of the backlight should be carefully evaluated. The hardware segment can be classified into PC-based hardware, panel-based hardware, and others. Users may want to use a physical onboard keypad or an external keyboard and mouse for certain applications — particularly involving data entry. Most designers however follow the example of mobile devices and are searching for touchscreens.
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HMIs are not limited to manufacturing companies. Various businesses operating in industry verticals such as energy, healthcare, and defense are increasingly using them. Additionally, the benefits provided, such as remote control, along with extensive use of HMIs in oil and gas treatment units and water treatment units for working in harsh climates, can also significantly increase product demand. This also instigated firms to improve better wear and tear properties of products. That trend of protocol conversion for data sharing between all connected devices is anticipated to catalyze further growth of the HMI industry. Furthermore, technical developments such as open platform architecture or OPA, leading to improved migration processes, are also likely to spur demand in the coming years. Factors such as the growing need for change in the business process to integrate HMIs along with high upfront capital may adversely affect the development of the market. Also, knowledge of HMIs among management and lower-level workers, along with a lack of experienced professionals, may affect the growth of the industry. The HMI industry has witnessed several technological developments and advancements from the touchscreen.
Software is classified into on-premise and cloud-based. HMI software offers the versatility of the touch screen across a multitude of dimensions and colors. Additionally, it provides control functions for industrial automation equipment. Programming can be achieved with Windows-based applications and the screen editor. It can allow the schematics to be edited quickly and can set correct communication protocols. The fastest-growing HMI software is programs that will enable users to track and manage HMIs remotely from smartphones, tablets, or off-site PCs. Traditional setups only allow users to get to the HMI on the factory floor. Still, the new cloud-based HMI platform provides remote access to operators allowing them to test machines from anywhere. Often called web-based visualization, this is particularly useful where machines run in hard-to-reach places. Related innovations in HMI software also allow remote users to make adjustments to the system functions on-the-fly (for variable production output). During the forecast period, the HMI software offering market is expected to rise at a higher pace. HMI software systems provide versatility and reliability and also boost production process performance, which is expected to increase HMI software during the forecast period.
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Rising Adoption of Industrial Automation Solutions across Different Industries
The swift rise in the adoption of automated equipment, machinery, controllers, and the human-machine interface solution has gained significant traction among different industry verticals. As a result, there has been rapid adoption of the products, devices, and systems enabled by a human-machine interface to facilitate the communication between the industrial machinery and humans. The integration of human-machine interfaces confers improved alarm systems, superior plant management, troubleshooting, reporting and analytics, and asset management, among other benefits, which have contributed significantly to the adoption of various human-machine interface applications in different end-user industries. Further, the availability of integrated supervisory control and data acquisition (SCADA) systems in manufacturing, energy & power, mining, oil & gas, and other heavy machinery industries also have triggered the deployment of HMIs, in both developed and developing countries in the world.
Configuration-Based Market Insights
A few of the most exciting advances in the human-machine interface in recent years have been in terms of facilitating remote access to the solution. The state-of-the-art human-machine interface also has onboard web servers that allow displaying local displays on any external devices that can run a web browser, such as desktops, smartphones, or tablets. Embedded file transfer protocol (FTP) servers allow for remote and simple upgrading and backup of HMI configurations for developers. A few of the human-machine interfaces can send outbound emails to alert users about the production status. Such remote access functions can extend the automation capabilities of the equipment in new ways and can be a significant factor in the selection of an HMI. The embedded HMIs dominated the global human machine interface market in 2019.
Human Machine Interface Market: Competitive Landscape and Key Developments
ABB Ltd., Advantech Co., Ltd., General Electric Co., Honeywell International, Inc., Kontron S T AG, Mitsubishi Electric Corporation, Rockwell Automation, Inc., Schneider Electric, Siemens AG and Yokogawa Electric Corporation are among the key players in the global Human Machine Interface market. The leading companies focus on the expansion and diversification of their market presence, and acquisition of new customer base, thereby tapping prevailing business opportunities.
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2020: Rockwell unveiled its plan to acquire Ohio-based Kaly by signing an agreement in the US. Kalypso is a software delivery and consulting firm specializing in the digital transformation of the companies in the industrial sector with its full suite of consulting, enterprise technology, digital innovation, and business process management services. Thus, this acquisition would help Rockwell Automation to strengthen its product and service portfolio of enterprise software consulting and information architecture.
2020: Rockwell Automation Inc. signed an agreement to acquire ASEM, S.p.A. Based in Italy, ASEM is involved in offering a full range of industrial PCs, HMI hardware and software, secure Industrial IoT (IIoT) gateway solutions, and remote access capabilities.
2018: Rockwell Automation updated its FactoryTalk View HMI software. The new features in this software version 10.0 comprise greater access to information, new mobile device support, and better cross-software integration to improve productivity.
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