Houston, TX -- (SBWire) -- 09/13/2018 --According to the new market research report "Human Machine Interface Market (HMI) by Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI)), Configuration Type (Stand-Alone HMI and Embedded HMI) - Global Forecast to 2025", the HMI market is expected to be Billion by 2022, growing at a CAGR of +9% between 2016 and 2022. Factors such as growing adoption of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and growing demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant are the factors driving the HMI market.
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A research report by Market Research (TMR) finds that the worldwide human machine interface (HMI) market is encountering a high level of rivalry between the core players, in particular, Siemens AG, Rockwell Automation Inc Eaton Corp., ABB Ltd., and Schneider Electric SE, because of the expanding market solidification. These players held about +40% of the general market in 2019.Over the expected years, they are foreseen to concentrate forcefully on forward-in reverse mix for the advancement of infrastructure, which is all around prepared of most recent innovations, keeping in mind the end goal to enhance their overall revenues, noticed the examination think about.
Companies Profiled in this Report includes, Intel (US), NVIDIA (US), Xilinx (US), Samsung (South Korea), Facebook (US), Micron Technology (US), IBM (US), Google (US), Microsoft (US), and AWS (US).
As indicated by the examination report, the worldwide human machine interface market, which remained, is normal extend at a 12.50% CAGR between 2019 and 2025 to offer a chance of US$11 bn before the end of the time of the estimate. At present, the interest for human machine interface equipment is nearly higher than other market items. Because of the rising take-up of mechanization in different enterprises, the equipment section is anticipated to keep on dominating the worldwide market amid the gauge time frame, with an expected piece of the pie of about 60%.
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As per the study, the worldwide market for Human Machine Interface Solutions is expected to witness a phenomenal rise over the forthcoming years. The increasing need for cloud compliance and the growing acceptance of home-based work concept are likely to fuel the demand for cloud-based contact centers across the world in the near future. The faster deployment of these contact centers and the scalability and flexibility they offer are expected to add to their popularity over the next few years.
Table of Contents
Global Human Machine Interface Solutions Market Research Report
Chapter 1 Human Machine Interface Solutions Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers
Chapter 4 Global Production, Revenue (Value) by Region
Chapter 5 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 6 Global Production, Revenue (Value), Price Trend by Type
Chapter 7 Global Market Analysis by Application
Chapter 8 Manufacturing Cost Analysis
Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
Chapter 10 Marketing Strategy Analysis, Distributors/Traders
Chapter 11 Market Effect Factors Analysis
Chapter 12 Global Human Machine Interface Solutions Market Forecast
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