The Human Machine Interface (HMI) Market is projected to reach $8.57 billion by 2031, at a CAGR of 8.7% during the forecast period of 2024–2031. The growth of the human-machine interface market is driven by the growing adoption of Industrial IoT (IIoT) and increasing emphasis on user-friendly interfaces. High costs associated with the installation and maintenance of HMIs may restrain market growth. Additionally, the integration of AI and edge computing technologies in HMI systems and emerging applications of augmented reality (AR)/virtual reality (VR) across various industries is expected to generate growth opportunities for the players operating in this market. However, the concerns regarding security are major challenges impacting the market’s growth. The adoption of mobile-based HMI solutions is a key trend in the human-machine interface market.
Here are the top 10 companies operating in the Human Machine Interface (HMI) Market
Founded in 1847 and headquartered in Berlin, Germany, Siemens AG manufactures power and energy solutions for building technology, drive technology, energy, healthcare, industrial automation, mobility, financing, consumer products, and services. Siemens focuses on areas such as automation, digitalization in the process and manufacturing industries, intelligent infrastructure for buildings and distributed energy systems, conventional and renewable power generation and power distribution, smart mobility solutions for rail and road, and medical technology and digital healthcare services. The company provides a wide range of products, such as SIMATIC SCADA, PLCs, HMI, communication modules, compact RTUs, distributed control systems, and process control systems.
Schneider Electric SE (France)
Founded in 1871 and headquartered in Rueil-Malmaison, France, Schneider Electric SE is a digital automation and energy management company. The company provides various products for different applications, including residential and small businesses, building automation and control, low voltage products and systems, solar and energy storage, access to energy, medium voltage distribution and grid automation, critical power, cooling and racks, and industrial automation and control. The company caters to different end-use industries, including automotive and eMobility, cloud and service providers, commercial real estate, data center and network solutions, energies and chemicals, facility management, food and beverage, healthcare, hotels, industrial automation solutions, life sciences, logistics and warehouse, machinery, marine, mining, minerals, and metals among others.
Mitsubishi Electric Corporation (Japan)
Founded in 1921 and headquartered in Tokyo, Japan, Mitsubishi Electric Corporation manufactures and sells electrical and electronic products and systems used in a broad range of fields and applications. The company operates in the market through six reportable segments: Life, Industry and Mobility, Infrastructure, Semiconductor & Device, Business Platform, and Others.
The company offers programmable logic controllers, servomotors, CNC (computerized numerical controllers), human-machine interfaces, inverters, industrial robots, motors, magnetic switches, transformers for electricity distribution, software, and others through its Factory Automation Systems business (a part of Industry and Mobility). Mitsubishi’s MC Works64 provides a highly functional monitoring control system in response to various business needs in manufacturing, production processes, or the office. MC Works64 proposes solutions to various issues concerning monitoring control.
Honeywell International Inc. (U.S.)
Founded in 1885 and headquartered in North Carolina, the U.S., Honeywell International Inc. offers technology solutions to address challenges around energy, safety, security, air travel, productivity, and global urbanization. The company is a pioneer in automation control, instrumentation, and services for the oil and gas; refining; energy; pulp and paper; industrial power generation; chemicals and petrochemicals; biofuels; life sciences; and metals, minerals, and mining industries.
Honeywell offers a wide range of control & supervisory systems to deliver integrated process control and advanced safety with better lifecycle support to protect and future-proof users’ investments. The company’s Experion SCADA is a powerful software platform incorporating technology for human-machine interface (HMI) and supervisory control and data acquisition (SCADA). Experion is a highly proven and complete SCADA solution that provides a single pane of glass for viewing and controlling single sites or fleets of new and existing assets.
B&R Industrial Automation GmbH (Austria)
Founded in 1979 and headquartered in Eggelsberg, Austria, B&R Industrial Automation GmbH specializes in automation technology. The company creates and produces cutting-edge automation solutions for a range of sectors, such as packaging, automotive, machinery and equipment manufacturing, and many others. Programmable logic controllers (PLCs), industrial PCs, motion control systems, human-machine interfaces (HMIs), and software for automation tasks are just a few of the many products and services that B&R provides. They are renowned for providing organizations with integrated solutions and cutting-edge technology that boost production, flexibility, and efficiency in their manufacturing processes. In 2017, B&R joined ABB Ltd, a global company renowned for its proficiency in industrial automation, robotics, and electrification.
Meticulous Research in its latest publication on Human Machine Interface (HMI) Market has predicted the growth of 8.7% during the forecast year 2024-2031.
Rockwell Automation, Inc. (U.S.)
Founded in 1903 and headquartered in Wisconsin, the U.S., Rockwell Automation, Inc. provides industrial automation and digital transformation technologies. The company provides a SCADA software suite that is designed to provide comprehensive visualization and control of manufacturing processes. Rockwell Automation offers SCADA solutions and hardware for a wide range of end-use industries such as aerospace, automotive, chemical, food & beverage, oil & gas, power generation, pulp & paper, semiconductor, and water & wastewater.
The company operates through three business segments: Intelligent Devices, Software & Control, and Lifecycle Services. Rockwell Automation offers a variety of solutions and hardware for SCADA systems, such as analytics and data management software, design software, performance monitoring software, human-machine interface software, and PLC programmable controllers.
Founded in 1890 and headquartered in Missouri, U.S., Emerson Electric Co. designs and manufactures products and provides solutions for customers in a wide range of industrial, commercial, and consumer markets around the world. The company offers control and safety systems to help provide a safer, more environmentally efficient manufacturing process. The company operates in the market through four reportable segments: Automation Solutions, AspenTech, and Commercial & Residential Solutions.
The Automation Solutions segment offers a broad array of products, integrated solutions, software, and services that enable process, hybrid, and discrete manufacturers to maximize production, protect personnel and the environment, reduce project costs, and optimize their energy efficiency and operating costs. Emerson offers a wide range of control & safety systems, including Distributed Control Systems (DCS), and SCADA Systems, Programmable Automation Control Systems (PLC/PAC).
General Electric Company (GE Group) (U.S.)
Founded in 1892 and headquartered in Massachusetts, the U.S., General Electric Company is known for its work in the power, renewable energy, and aerospace industries. The company’s products include commercial and military aircraft engines and systems; wind and other renewable energy generation equipment and grid solutions; and gas, steam, nuclear, and other power generation equipment. The company operates in the market through three reportable segments: Aerospace, Renewable Energy, HealthCare, and Power. The company offers HMI/SCADA software to monitor and control operations. The company’s CIMPLICITY software provides true client-server visualization and control from single machines to plant locations.
Founded in 1983 and headquartered in Washington, the U.S., Maple Systems manufactures and supplies human-machine interface (HMI) and industrial automation products. The company offers a wide range of products, including industrial touchscreen panel PCs, HMI terminals, operator interface displays, and software solutions. These products are used in various industries, such as manufacturing, food and beverage, packaging, automotive, and many others. Maple Systems is known for its user-friendly interface designs, robust hardware, and reliable performance. Their products are utilized by businesses worldwide to monitor and control industrial processes, collect data, and improve operational efficiency.
Exor International S.p.A. (Italy)
Founded in 1971 and headquartered in Verona, Italy, Exor International S.p.A. designs, manufactures, and distributes human-machine interface (HMI) and industrial automation products. Exor’s product portfolio includes a wide range of HMI devices, industrial PCs, touch panels, and software solutions tailored for various industries such as manufacturing, automotive, food and beverage, energy, and more. Their devices are designed to provide intuitive user interfaces and robust functionality to streamline industrial processes and improve efficiency. Exor International S.p.A. is part of the Exor Group, which also includes other companies specializing in industrial automation and technology solutions.
Authoritative Research on the Human Machine Interface (HMI) Market – Global Opportunity Analysis and Industry Forecast (2024-2031)
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