Global Touch Based Human Machine Interface (HMI) Market
Global Touch Based Human Machine Interface (HMI) Market Size And Forecast to 2026
According to Verified Market Research, the Global Touch Based Human Machine Interface (HMI) Market was valued at USD 20,422.9 Million in 2018 and is expected to witness a growth of 24.3% from 2018-2025 and reach USD 93,809.6 Million by 2025.
With the growing advancement in technology, the market for integrated circuits has been booming in the global market. The emergence of third-party platforms such as the internet of things (IoT) and data analytics have helped industrial automation grow at a much faster pace.
Human-machine interface (HMI) is the user interface that connects an operator to a controller for an industrial system. The integrated hardware and software in the interface allow the user inputs to be translated as signals for machines that in turn provide the required results to the user. In HMI, the interactions are basically of two types, i.e., human to machine and machine to human. Touch Based and membrane switches can be considered as examples of HMIs. HMI technology is also widely used in virtual and flat displays, pattern recognition, Internet and personal computer access, data input for electronic devices, and information fusion.
The use of HMI technology in various industries is increasing with growing modernization of process plants. Modernization has impelled the contemporary services along with the automated technologies which are considered a part of industrial automation.
The presence of complex types of machinery in automotive, manufacturing and oil & gas industries makes the scope of HMI technology more prominent in terms of efficiency. The role of HMI technology and other multi-touch screen technology can help these industries in providing better real-time and historical alarms, simulation, messaging and communication.
The Global Touch Based Human Machine Interface (HMI) Market is classified on the basis of Technology, Vertical, and Region. The gist of breaking down the market into various segments is to gather information about various aspects of the market.
On the basis of Technology, the market is bifurcated on the basis of Capacitive, Surface Acoustic Wave, Infrared and Ultrasonic. The capacitive technology in the touch based human machine interface market held the largest share in the global market. Surface Acoustic Wave was expected to be the fastest growing segment in the market owing to its vandal resistant glass membrane surface and excellent optical characteristics.
In terms of Vertical, the market study encompasses various aspects such as automotive, Building Automation, Medical, Military, Retail and Others. The touch based human machine interface market in the automotive sector was expected to be the largest in the global market. The automotive industry incorporates touch based technology for various applications such as navigation systems, temperature control systems as well as for the multimedia systems. With the owing application in the healthcare industry, the medical segment is expected to be the fastest growing.
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