Human Machine Interface Market (HMI) growth assets worth 5.86 Billion USD by 2022

TelAve News/10581914
According to MarketsandMarketsTM "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 2022", the HMI market is expected to be valued at USD 5.86 Billion by 2022, growing at a CAGR of 9.0% 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.

Highlights
• 74 Market Data Tables.
• 86 Figures Spread.
• 174 Pages and in-depth TOC.

"Embedded HMI segment expected to grow at a higher rate during the forecast period"

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"Market for cloud-based HMI to grow at the highest rate between 2016 and 2022"

"North America expected to dominate the HMI market between 2016 and 2022"

The major players
involved in the HMI market include ABB Ltd. (Switzerland), Advantech Co., Ltd. (Taiwan), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

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