Human Machine Interface Market Size, Share, and Trends

The global human machine interface market size surpassed USD 5.5 billion in 2022 and is expected to hit around USD 14.99 billion by 2032, expanding at a CAGR of 10.6% during the forecast period 2023 to 2032.

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Key Takeaways

• North America contributed more than 30% of revenue share in 2022.
• Asia Pacific is expected to witness the fastest CAGR of growth during the forecast period.
• By Offering, the software segment is projected to hold the largest share of the market during the forecast period.
• By Configuration, the embedded HMI segment is expected to continue its dominance during the forecast period.
• By End user, the automotive segment is expected to hold the largest share of the market while sustaining its position.

Human Machine Interface Market in the U.S. 2023-2032

The U.S. human machine interface market size accounted for USD 1.16 billion in 2022 and is estimated to reach around USD 3.12 billion by 2032, growing at a CAGR of 10.5% from 2023 to 2032.

North America accounted for the largest share of the human machine interface market in 2022; the region is anticipated to continue its growth during the forecast period. The North American human machine interface market is characterized by the rapid advancements in technological solutions, increasing investment in advanced technologies, the presence of prominent market players and increasing demand for high-resolution displays in multiple industries. Moreover, the increasing demand for autonomous vehicles and rising rate of industrial automation along with the adoption of robotics are few other factors to supplement the market’s expansion in North America.

• For instance, In May 2023, the report was published by the International Federation of Robotics (IFR), the robotics market in North America showed a robust growth rate. In 2022, the total installations in manufacturing industry increased by approximately 12% and reached 41,624 units. The companies based in the United States, Canada, and Mexico installed 20,391 industrial robots rose 30% compared to 2021.

On the other hand, Asia Pacific is expected to be the fastest-growing region throughout the forecast period. Asia Pacific is experiencing rapid industrialization; the element is expected to support the market’s expansion during the forecast period. In addition, rising emphasis on adopting advanced technologies, rapid adoption of Industry 4.0 and availability of skilled professionals are a few other factors to promote the expansion of the human machine interface market in Asia Pacific. Asia Pacific is witnessing an increasing rate of awareness regarding the benefit of human machine interface across various industries, and rapid growth of the manufacturing sector. The increasing adoption of industrial robots in India and China is positively influencing the market growth rate in the region.

• For instance, according to the ministry’s figures of China, China produced 222,000 industrial robotic units in the first half of 2023, up 5.4% from the same period in the previous year 2022. China is likely to expand its international cooperation in robotics technology and encourage foreign robotics companies to invest in China.

The 2023 State of smart manufacturing study indicates that the growing interest of the Indian manufacturing sector to adopt digital technologies is expected to achieve digital transformation operational excellence. The focus on embracing Industry 4.0 to achieve global competitiveness, which matches with the Indian government’s vision of Atmanirbhar Bharat and Make in India. Thereby, such supportive factors aligned with developing countries in the region are expected to propel the market’s growth during the forecast period.

Human Machine Interface Market Overview

Human machine interface (HMI) is defined as the communication between humans and machines. The term human machine interface (HMI) can be applied to any screen that someone uses to interact with a device, but it is primarily used to describe such screens that are used in industrial settings. There are many other names for human machine interface (HMI), such as Man-machine interface, computer-human interface, human computer interface, Local operator interface (LOI), or operator interface terminal OIT).

The applications of human machine interface (HMI) are widely used in several different industries, such as Energy, Food and beverage, manufacturing, oil and gas, power, recycling, transportation, automotive, packaging, metal and mining, aerospace & defense, healthcare, electronics, entertainment, water and wastewater, pharmaceuticals, and others. human machine interface (HMI) enables users with the power to operate and control a system or machine.

The interface consists of software and hardware that permit users' inputs to be converted to machine-readable code, and then in turn, provide the required result to the user. It helps to reduce errors, improve user satisfaction, and boost overall productivity. The sophistication of the human-machine interface (HMI) varies as per the complexity of the machine, device, or system it is used for. In industries, human machine interface can be used for one function or for multiple purposes, such as monitoring plant operations and controlling equipment.

Growth Factors

• The use of artificial intelligence plays a pivotal role in driving the vehicle of technology to a higher level in the coming years. The use of artificial intelligence in human machine interface is taking the interaction between humans and machines to the next level. The active role of the human machine interface in operations, security, production, and others is likely to carve the way for market growth during the forecast period.
• In the military and aerospace sector, human machine interface plays a critical role. Advanced technologies such as digital mapping, cross-domain guard data security systems, and others are deployed for aerospace and defense applications.
• The growth of the human machine interface market is driven by factors such as the increasing adoption of smart technological solutions, increasing investment in industrial automation, rapid industrialization and rapid growth of the automotive sector.

Human Machine Interface Market Scope

Human Machine Interface Market Dynamics

Driver

Increasing awareness about human machine interface

The rising awareness regarding the benefits of human machine interface is expected to carve the way for growth of the human machine interface market during the forecast period. HMI enables safe messaging coupled with improved internal communications and alarm warnings is likely to fuel the growth of the market. The improvement in technology at a rapid pace along with the increasing internet adoption, resulting in the increasing use of human machine interface. Self-service kiosks, ATM machines, gas station pumps, self-checkout lines, industrial robots, and others use human machine interface to process user inputs and convert them to machine-readable code, and then perform the task without any assistance needed from an employee or attendant.

Self-ordering kiosk systems are becoming popular in the retail and restaurant business. Several retail outlets and restaurants are deploying self-service kiosks such as GRUBBRR, KFC, Maccas, Jubilant FoodWorks Ltd., and others to eliminate lines, free up employees’ time, deliver a better customer experience, and convenient options for customers. Self-ordering kiosks help restaurants reduce wait times and improve order accuracy.

• In a study by Tillster, it was found that customers of probably all age groups were eager to use the self-ordering kiosk system. As per the study, 65 percent of those customers said that they would like to visit a restaurant more often if self-service kiosks were offered to them. 30 percent of customers said that they would prefer to order from a self-ordering kiosk versus a cashier if the lines are of equal length.

Restraint

High installation and maintenance cost

The installation cost and maintenance cost of a human machine interface system can be relatively high, which acts as a major restraint for the growth of the human machine interface market. Small and medium-sized enterprises (SMEs) often face budget constraints that discourage them from embracing human machine interface systems. In addition, the high cost of advanced technologies including high-quality displays, voice recognition, gesture recognition, multi-touch screens, and others increases the expenditure of the installing company. Human machine interface systems may have different price points depending on the features, functionality, and brand. Some SMEs may be price-sensitive and opt for lower-cost or budget-friendly options with limited features.

Opportunity

Increasing adoption of Industrial automation

The world is increasingly connected in the digitalization era, and more advanced networking technologies are being launched for industrial applications. Industrial automation devices are being launched to reduce labor and production costs and facilitate faster work processes. HMI plays an indispensable role in industrial automation to improvise industrial controls.

• For instance, In February 2023, Exor, a provider of human-machine interface solutions launched eX707M (Web industrial HMI). It is primarily designed for industrial automation applications. This human machine interface system provides an integrated web server which makes it well-suited to be used in factory automation systems. Industries are replacing traditional control processes with advanced methods and deploying industrial robots.
• Meanwhile, according to the World Robotics 2023 Industrial Robots and Service Robots report, 553,052 industrial robots were installed in factories worldwide in 2022, a year-over-year growth rate of 5 percent.
• In 2023, the industrial robot market is anticipated to rise by 7 percent to more than 590,000 units globally. As per the International Federation of Robotics (IFR), 73% of newly installed robots were installed in Asia, 15% in Europe region, and 10% in the America. Therefore, these factors are expected to boost the expansion of the global human machine interface market in the coming years.

Offering Insights

The software segment acquires the dominating share of the market. The rising implementation of human machine interface software for automation, especially in industries, is expected to fuel the demand for human machine interface during the forecast period. Human machine interface software improves the efficiency of manufacturing processes by offering flexibility and dependability for higher productivity. The human machine interface software helps in generating management reports, multiple control functions, alerts. Thereby, these factors are expected to propel the segment’s growth.

Configuration Insights

The embedded HMI segment held the largest share in 2022, with the growing technological advancements across the globe; the embedded HMI segment is projected to maintain its dominance in the human machine interface market. The embedded HMI configuration has the capability to manage complex features of human machine interface system. It also specializes in combining computer, software technologies and displays.

Embedded systems for human machine interface are widely being applied in multiple industries including food and beverages, medical, manufacturing and instrumentation. Great user experience, easy use and scalability offered by embedded systems promote the growth of the segment.

End-user Industry Insights

The automotive segment is anticipated to hold the dominating share of the market, the continuous advancement in technology in both, well-developed and developing countries is expected to grow the demand for human machine interface systems, especially in the automotive sector during the forecast period. The increasing popularity of feature-loaded vehicles, rising demand for autonomous vehicles, and adoption of smart automotive technologies such as self-driving cars, infotainment systems, advanced driver-assistance systems (ADAS), and others are expected to propel the growth of the segment.

Recent Developments

• In June 2022, the Qt Company, a pioneer in software technology, announced the collaboration with Bosch. Bosch will be deploying Qt’s unified cross-platform Human Machine Interfaces (HMI) design and development framework which helps them to offer automakers the tools to create a solution-ready digital cockpit.
• In January 2022, Honeywell announced that Repsol selected the company to provide an integrated control and safety system (ICSS) for the advanced biofuel production plant to be built in Spain.

Human Machine Interface Market Players

The global human machine interface market is fragmented with multiple small-scale and large-scale players, following are a few of prominent key players in the market:

• ABB Ltd.
• Advantech Co., Ltd.
• Panasonic Corporation
• American Industrial Systems, Inc.
• Atmel Corporation
• BARTEC Top Holding GmbH
• Beckhoff Automation
• Beijer Electronics, Inc
• Eaton Corporation
• Emerson Electric Corporation
• EXOR International
• General Electric Company
• Honeywell International Incorporation.
• Jabil
• Mitsubishi Electric
• Rockwell Automation
• Schneider Electric SE
• Siemens AG
• Yokogawa Electric Corporation

Segments Covered in the Report

By Offering

• Hardware
• Software
• Service

By Configuration

• Embedded HMI
• Standalone HMI

By End-User Industry

• Automotive
• Utility
• Food and Beverage
• Packaging
• Metal and Mining
• Aerospace & Defense
• Healthcare
• Pharmaceutical
• Oil and Gas
• Others

By Geography

• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa