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HMI Display Panels Market Product Type (Basic Panels, Advanced Panels, Industrial Pcs And Monitors) - Growth, Share, Opportunities & Competitive Analysis, 2015 – 2025

The growing need to ensure workplace safety and productivity is compelling industrial manufacturers to use HMI solutions. In addition, there is a need for flexible access to information in real-time and remote diagnosis of processes and machinery to drive the market demand for HMI panel systems globally. Revival of the industrial manufacturing sector following the economic recession's bleak economic conditions, the rising trend towards precise engineering, and complete automation in manufacturing units have been a massive boost to market growth.

The growing expenditure and adoption of industrial automation solutions across various verticals are driving the overall HMI market. With increasing competition in the industrial manufacturing sector, manufacturers must reduce overhead and increase efficiency. Industrial factories and control automation devices are used to reduce human intervention in manufacturing processes. This minimizes labor and production costs, which, in turn, helps increase the output of production. Human-machine interface (HMI) is the most important part of industrial automation to improve industrial controls.

Over the past few years, a significant level of automation has been observed across manufacturing and process industries, including automotive, petrochemicals, pharmaceuticals, mining, packaging, energy, oil and gas, and several others. Due to increasing market competition, manufacturers are now more inclined towards technologies capable of increasing overall productivity and reducing operational costs. As human-machine interface (HMI) provides realistic views of the plant, industries across the world are rapidly replacing their traditional control processes with this more realistic and advanced interface solution. With growing industrial automation and competition among manufacturing industries worldwide, the HMI display panels market is expected to reach US$ 3.5 billion by 2025.

This study on "HMI Display Panels Market: Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015–2025" highlights key growth opportunities in the global HMI industry market.

The research study on the "HMI display panels market" includes the following qualitative as well as quantitative information related to the market:

Qualitative information covered in the research study on the HMI display panel market:

  • Trends in the HMI and HMI panel industries
  • Market drivers and challenges in the global market
  • Comprehensive value chain analysis of the HMI display manufacturing industry
  • attractive investment analysis for the industry players
  • Market positioning and market competition analysis for the global HMI display panel industry
  • Regional as well as country-level analysis for the HMI display panel market
  • In-depth analysis of different types of HMI display panels
  • Comparative analysis of different product categories and regional markets
  • Company profiles of leading manufacturers in the global HMI display panels industry include the following information:
    • Contact Details
    • Financial Information
    • Business Strategies
    • Recent Development
    • Product Lines Related to the HMI Display Panels Market

Quantitative Analysis:

Market estimates of the HMI display panels market for the period 2015–2025, which include historical market sizes for 2015 and 2016, and market forecasts for the period 2017–2025,

  • The report includes market estimates for revenue (US$ Mn) and unit shipments (thousand units).
  • The report includes market estimates in terms of both revenue and volume.
  • Market estimates for global, regional, and country-specific markets for the period 2015–2025
  • Market estimates for each product category for the period 2015–2025 at the global, regional, and country level
  • The global HMI display panels market is segmented into basic panels, advanced panels, industrial panel PCs, and HMI monitors.

The study also provides market estimates and forecasts for the following types of HMI panels:

  • By Screen Size
    • Less than 5 inches
    • 5 inches to less than 8 inches
    • 8 inches to less than 12 inches
    • 12 inches to less than 15 inches
    • 15 inches to less than 21 inches
    • More than 21 inches
  • By Resolution
    • QVGA (320 x 240)
    • WVGA (800 x 480)
    • XGA (1024 x 768)
    • WUXGA (1920 x 1200)
    • Others
  • by screen technology
    • Capacitive
    • Resistive
    • Others
  • By Application
    • Automotive
    • Mining and Construction Equipment
    • Food and Beverages
    • Healthcare
    • Aerospace and Defense
    • Oil and gas
    • Packaging
    • Others

HMI Display panels are classified into the following major categories based on their type:

  • Basic Panels
  • Advanced Panels
  • industrial panel PCs
  • Industrial Monitors

In terms of unit shipments, basic HMI panels accounted for the largest volume share. Basic HMI panels offer a variety of functionalities and a user-friendly system for industries and organizations. This type of HMI is generally used by industries that are more focused on cost-driven and small OEM-related projects. Basic HMI panels are used for simple applications with limited processing capabilities. Basic panel HMI offers features such as high power resolution and better display quality, fast and intuitive operation, and a good price-performance ratio. In addition, basic HMI panels can be easily integrated with modern industrial machinery and are relatively less complicated in terms of installation. With the rising need for integrated machinery, small and medium-scale industries prefer basic HMI panels for their interfacing solutions. This is expected to fuel the demand for basic HMI panels through the forecast period of 2017–2025.

The global HMI display panels market is classified into four major regions, i.e., North America, Europe, Asia Pacific, and the Rest of the World (RoW). These regional markets are further classified into the following major countries and regions:

  • North America
  • U.S.
  • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Rest of the World
    • Latin America
    • Middle East and Africa

In 2015, North America accounted for the largest revenue as well as volume shares, followed by Europe and Asia Pacific. However, Asia Pacific is expected to witness the fastest growth through the forecast period of 2017–2025 and become the largest regional market. Major countries in Asia-Pacific include China, Japan, Australia, India, Indonesia, Singapore, and Malaysia, among others. Asia-Pacific represents the fastest-growing regional market for HMI technologies and is expected to become the largest regional market at the end of the forecast period. Growing industrialization is the primary factor responsible for industrial automation. Manufacturers from developed regions are expanding their presence in this region due to the advantages of low manufacturing and labor costs. The majority of growth in this market is expected from the growing automotive industry, particularly in India and China.

Frequently Asked Questions: 

The market for HMI Display Panels is expected to reach US$ 3.5 Bn in 2025.

The HMI Display Panels market is expected to see significant CAGR growth over the coming years,at XX%.

The report is forecasted from 2017-2025.

The base year of this report is 2016.

Texas Instruments,Delta Electronics, Inc,Rockwell Automation, Inc.,Parker Hannifin Corp,Advantech Co., Ltd are some of the major players in the global market.

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Trusted By
Godaddy
Published Date:  Oct 2017
Category:  Technology & Media
Report ID:   58734
Report Format:   PDF
Pages:   120
Rating:    4.8 (50)
Delivery Time: 24 Hours to 48 Hours   
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