Human Machine Interface Industry Statistics

In this post, we will explore key statistics and insights pertaining to the Human Machine Interface (HMI) industry, shedding light on the market’s current landscape and future projections. From the market size and growth trends to industry leaders and sector-specific developments, these statistics offer valuable perspectives on the evolving realm of HMI technology.

Statistic 1

"The global Human Machine Interface (HMI) market size was valued at USD 4.3 billion in 2020."

Statistic 2

"The Human Machine Interface (HMI) market is expected to grow at a CAGR of 9% from 2021 to 2026."

Statistic 3

"The touch screen interface segment accounts for the largest share of the HMI market."

Statistic 4

"North America is projected to hold the largest share of the HMI market by 2025."

Statistic 5

"Asia-Pacific region is projected to have the highest growth in HMI market during the forecast period."

Statistic 6

"Siemens AG, Schneider Electric and General Electric hold the largest share in the HMI market."

Statistic 7

"The oil & gas industry held the leading share in the HMI market in 2020."

Statistic 8

"IoT integration is expected to drive the future growth in HMI market."

Statistic 9

"The software segment of the HMI market is expected to witness the highest growth rate during the forecast period."

Statistic 10

"The automotive sector is projected to become the fastest growing adopter of HMI technology."

Statistic 11

"The food & beverages industry is expected to witness a significant growth in HMI technology adoption by 2026."

Statistic 12

"By 2026, the building automation sector is expected to show a large increase in the usage of HMI technology."

Statistic 13

"The hardware segment held the largest share of the HMI market in 2020."

Statistic 14

"The discrete industries are expected to grow at a higher CAGR in the HMI market."

Statistic 15

"The HMI market in India is projected to grow at the highest CAGR during the forecast period."

Statistic 16

"The energy sector is expected to show a high demand for HMI technology by 2026."

Statistic 17

"The pharmaceutical industry is anticipated to witness significant growth in HMI adoption."

Statistic 18

"The portable HMI market in Europe is estimated to experience substantial growth."

Statistic 19

"The Terminal segment is estimated to hold 69% of the overall HMI market size."

Statistic 20

"The Human Machine Interface (HMI) market is forecasted to reach USD 7.24 billion by 2028."

Overall, the Human Machine Interface (HMI) market is experiencing substantial growth, with key trends indicating a positive outlook for the industry. The market size is projected to increase significantly, driven by factors such as IoT integration, expanding use in sectors like automotive, food & beverages, and building automation, and high demand from industries such as oil & gas, energy, and pharmaceuticals. Touch screen interfaces, North America, Asia-Pacific, and India are emerging as key regions and segments for growth. Companies like Siemens AG, Schneider Electric, and General Electric are dominating the market, with the software segment expecting the highest growth rate. As the market continues to evolve and innovate, reaching an estimated value of USD 7.24 billion by 2028, it presents abundant opportunities for stakeholders across various industries to leverage HMI technology for enhanced operational efficiency and productivity.