Market Research Future (MRFR) has published a cooked research report on the “Global HMI Software Market” that contains information from 2023 to 2030. The Global HMI Software Market is estimated to register a CAGR of 7.8% during the forecast period of 2023 to 2030.
MRFR recognizes the following companies as the key players in the Global HMI Software Market— Siemens AG, Schneider Electric SE, Rockwell Automation Inc, Honeywell International Inc, ABB Ltd, Mitsubishi Electric Corporation, General Electric Company, Emerson Electric Co, Yokogawa Electric Corporation, Bosch Rexroth AG, Omron Corporation, Parker Hannifin Corporation, Advantech Co, and Delta Electronics, Inc.
Global HMI Software Market is accounted to register a CAGR of 7.8% during the forecast period and is estimated to reach USD 8.6 Billion by 2030.
HMI (Human-Machine Interface) Software refers to a specialized type of software used to facilitate communication and interaction between humans and machines, particularly in industrial and technological environments. HMI software enables users to monitor and control various processes, equipment, and systems through a graphical interface that is intuitive and user-friendly. It often involves visual elements such as buttons, graphs, gauges, and status indicators that allow users to monitor real-time data, adjust settings, and receive feedback from machines or processes. HMI software is commonly used in industries like manufacturing, automation, energy, and transportation to enhance operational efficiency, simplify complex tasks, and improve the overall user experience when interacting with machines and systems.
The Global HMI Software Market has been segmented based on Deployment, Product, and Configuration.
Based on Deployment, the market is segmented into On-Premises and Cloud-Based. The dominance of the Cloud-Based category in the HMI Software market is fueled by its remote accessibility, scalability, and real-time data sharing, enabling seamless monitoring and control of industrial processes across diverse locations and devices.
Based on Product, the market is segmented into Proprietary Software, Hardware Independent, and Open-Source Software. The dominance of the Proprietary Software category in the HMI Software market is fueled by its tailored features, specialized functionality, and optimized performance, catering to specific industrial needs and ensuring efficient human-machine interaction.
Based on Configuration, the market is segmented into Stand-Alone HMI, and Embedded HMI. The dominance of the Stand-Alone HMI category in the HMI Software market is fueled by its self-contained operation, offering dedicated control and visualization capabilities without extensive integration requirements.
The Global HMI Software Market, based on region, has been divided into North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Global HMI Software Market comprises Germany, France, the UK, Italy, Spain, and the rest of Europe. The Global HMI Software Market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World's Global HMI Software Market comprises of Middle East, Africa, and Latin America.
In 2023, the Asia Pacific region commands a dominant market presence, securing a substantial share of 34.9%, and is projected to experience noteworthy growth at a CAGR of 9.7% during the forecast period. Leading this surge is China, which holds the foremost position in the HMI Software market and is anticipated to maintain its market leadership throughout the forecast period. China's remarkable advancements involve seamlessly integrating HMI software with the Industrial Internet of Things (IIoT), thereby elevating industrial automation. This amalgamation seeks to establish a seamless bridge between physical and digital realms, facilitating real-time data analysis and effective decision-making.
In parallel, North America holds the second position with a notable 33.0% share in 2023. Within North America, the United States takes the lead with an impressive share of over 65% in the same year. The growth of HMI in the U.S. is bolstered by the integration of advanced technologies like artificial intelligence (AI), machine learning, and the Internet of Things (IoT) with HMI systems. These HMI systems are increasingly designed to engage with intelligent machinery and devices, enabling the real-time monitoring, analysis, and control of intricate industrial processes.
Key Findings of the Study