DUBLIN--(BUSINESS WIRE)--The "Global Human Machine Interface Software Market - By Type, Component, Industry, Region - Market Size, Demand Forecasts, Company Profiles, Industry Trends and Updates (2017-2023)" report has been added to ResearchAndMarkets.com's offering.
The Global Human Machine Interface Software Market had a value of 3.84 Billion USD in 2017 and it is estimated to grow to 6.43 Billion USD by 2023 with a CAGR of 8.97% during the forecast period.
Human Machine Interface Software gives the interface for a human to interact and manage a system. The interface given is a Graphical User Interface (GUI) which gives user information exchange and communication facility. This Human Machine Interface Software is developed for using at machine level or at supervisory level.
North America has the highest market share of 40% in 2017 due to the growing adoption to industrial automation equipment along with development of industrial Internet of Things (IoT) in America.
Drivers Vs. Constraints
The surging demand for smart automation solution and increasing need of efficiency and monitoring & managing in the manufacturing industry are the factors for the growth in human machine interface (HMI) market.
On the other hand, high cost for the HMI's initialization is a short-term obstacle to the companies but in the long run the cost is low for maintenance.
Companies Mentioned
- General Electric
- Rockwell Automation
- Schneider Electric
- Siemens
- ARC Informatique
- AdroIT Technologies
- Beijer Electronics
- Brainchild Electronic
- B-Scada
Key Topics Covered:
1. Research Methodology
2. Executive Summary
3. Market Overview
4. Market Dynamics
5. Global Human Machine Interface Software Market Segmentation, Forecasts and Trends - by Configuration Type
6. Global Human Machine Interface Software Market Segmentation, Forecasts and Trends - by Offering
7. Global Human Machine Interface Software Market Segmentation, Forecasts and Trends - by Industry
8. Global Human Machine Interface Software Market Segmentation, Forecasts and Trends - by Region
9. Company Market Share Analysis
10. Company Profiles
11. Industry Structure
12. Global Human Machine Interface Software Market - Road Ahead
13. Tables
14. Disclaimer
For more information about this report visit https://www.researchandmarkets.com/research/km7g3t/global_human?w=4