24th March 2020 – The global
Human Machine Interface (HMI) market
is expected to reach $6.31 billion by 2022, owing to requirement of
automation of complex industrial operations, improve productivity and
efficiency.
Industrial processes have become more
complex due to increase in competition and need to have competitive edge
through product or service quality. Manufacturing industries are opting
for automation to reduce the complexity of the operation process and to
make to it cost effective. HMI software helps in industrial data
management, integrated engineering, industrial communication and
industrial security. Fully integrated automation has optimized the
operation downtime, better performance due to interoperability of system
tested components. The challenge in the HMI software and services
marketplace is how suppliers can differentiate themselves and continue
to offer increasing value propositions to end users and OEMs, especially
in a slowing global economy. The market is extremely competitive and
demand is expected to grow as many users recognize the benefits of HMI
software.
Integration of Bluetooth and Wi-Fi in
these products has improved device mobility, which is also anticipated
to propel the demand over the forecast period. Evolution of industrial
Internet of Things (IoT) has opened many opportunities. Advancement in
technology will improve the process cycle time, make the process energy
efficient and will provide data security. Smart HMI will give huge
opportunities to the industries and is expected to have a positive
impact on the demand.
This market is segmented on the basis of
software type and verticals. On the basis of software type it is
segmented as HMI/client, software modules, and supervisory/server. On
the basis of verticals, it is segmented as manufacturing, automotive oil
& gas sector, and aerospace.
In manufacturing sector HMI helps in
simultaneous view of real-time and historical data, configuration,
colours, fonts, scales, limits, formats, grid lines and viewing
orientation, and data gathering from different sources on the same
trend. Software features include big picture views with drill down
capabilities, ActiveX control and automation, configurability of new
charts with auto-scale and auto-band, annotation with audit trail, and
batch mode with time shifting to compare trends.
North America human machine interface
market is expected to emerge as a dominant segment owing to early
technology adoption. Further, the rise in a number of automation
projects and increase in the labour cost is expected to play a key role
in driving the regional demand over the forecast period.
Europe is expected to show relatively
slow growth rate owing to European economies facing downturn due
financial debt. The presence of major automotive industries such as BMW,
Audi, and Volkswagen has maintained slightly positive sentiment for the
market. The market is expected to show huge growth as and the economies
revive.
Asia Pacific human machine interface
market is anticipated rapid growth owing to growing industrialization.
Additionally, availability of raw materials and low-cost labour may also
catalyse regional demand. Countries like India, China and Japan are
showing rapid economic growth which has increased the industrial
automation in these economies.
Major companies present in this market
are Advantech Co., Ltd., American Industrial Systems Inc., B-Scada,
Inc., Elektrobit Corporation, Interlink Electronics, Inc., Panasonic
Corporation, Schneider Electric Software, LLC, and Siemens AG. Companies
in the market have adopted various strategic initiatives such as new
product development, merger and acquisition, and partnerships and
collaboration in order to have a competitive advantage and strong market
share.
In November 2014, Advantech Co., Ltd
launched HMI/SCADA software with a HTML5 based business intelligence
dashboard called WebAccess 8.0. This software can be operated by any
HTML5 compatible browser. The Business Intelligent Dashboard analyses
data and helps managers make decisions as to what to do and WebAccess
8.0 also provides developers with the tools to design their own widgets
and applications and the integration of Microsoft Excel reports. Through
HTML5, a limitless number of users, with varying access levels are able
to read information and make changes from wherever they are using
either the Internet or Intranet.
In May 2015, Siemens AG launched
SPPA-T3000 R7.2 control system, it offers increased efficiency and
effectiveness for power plant operators, easier and more simplified
handling during day-to-day operation, and active support for control
room staff in critical situations.
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