Global Human Machine Interface Market 2016-2020 – Growing Demand for Smart Factories – Research and Markets

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Research and Markets has announced the addition of the “Global Human Machine Interface Market 2016-2020” report to their offering.

The report forecasts the global HMI market to grow at a CAGR of 6.13% during the period 2016-2020.

An important trend driving market growth is the growing demand for smart factories. Manufacturing countries, such as China and Germany, are automating their factories to sustain business in the competitive market. This may enable precise communication and coordination in factories, and ensure flexible underlying processes. The manufacturing companies use sensors, robots, wireless systems, enterprise software, and automation solutions, such as DCS, PLC, and SCADA, to automate end-to-end processes. The process and discrete industries use these systems to identify the best industry practices and share information, data retrieval, and documentation.

According to the report, an increased focus on equipment and employee safety is making the use of HMI necessary in a working environment. Industries are making efforts to reduce industrial accidents due to process failure, which if not corrected may cause fatal injuries to employees and lead to financial loss, plant shutdown, or heavy refurbishing requirements.

In addition, the market has experienced a high number of litigations, as countries worldwide implement and enforce industrial safety measures and standards. The EU and other countries, such as the US, have formulated strict guidelines for various industries to improve the safety of operations and reduce emissions from facilities.

Further, the report states that every company is becoming increasingly vulnerable to cyberattacks due to an increased use of automated systems, including HMI.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by type

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

Companies Mentioned:

• GE
• Rockwell Automation
• Schneider Electric
• Siemens
• Advantech
• Atmel
• Beijer Electronics
• EAO
• Eaton
• Elektrobit
• Elipse Software
• Bosch Rexroth
• Digital Electronics
• Mitsubishi Electric
• Progea
• Omron
• Emerson Electric
• Interlink Electronics
• Yokogawa Electric

For more information visit http://www.researchandmarkets.com/research/z4sjxn/global_human

View source version on businesswire.com: http://www.businesswire.com/news/home/20160509006099/en/

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Sector: Industrial Automation