Report : Asia Pacific Human Machine Interface Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Offering (Hardware, Software, Services); Configuration (Stand-Alone, Embedded); End-User Industry (Energy & Power, General Manufacturing, Healthcare and Pharmaceuticals, Automotive, and Others)
SoftwareSegment to Dominate Asia-Pacific Human Machine InterfaceMarketduring 2029–2027
According to a new market research study on “Asia-Pacific Human Machine Interface Marketto 2027 – Regional Analysis and Forecast by Offering, Configuration, andEndUser Industry,”is expected to reach US$ 2,535.1Mn by 2027 from US$ 1,139.1 Mn in 2019. The market is estimated to grow at a CAGR of 10.7 % from 2019 to 2027.The report provides trends prevailing in the Asia-Pacific human machine interfacemarket along with the drivers and restraints pertaining to the market growth. The growth of the Asia-Pacific Human Machine Interface market is attributed to the versatile benefits of human machine interface. However, the high cost associated with human machine interfacehinders the market growth.
The human machine interface market, by offering, is segmented into hardware, software, and services. The softwaresegment held the largest share of the Asia-Pacificmarket in 2019. The increasing advancement insoftware technology is fueling the adoption of software in the human machine interface.
ABB Ltd, General Electric Company, Honeywell International Inc, Rockwell Automation, Inc, Schneider Electric SE, Siemens AG, Yokogawa Electric Corporation, Kontron S&T AG, Mitsubishi Electric Corporation, Advantech Co. Ltdare among the leading companies in human machine interface market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in year 2019, Honeywell Process Solutions launched Experion Panel PC (PPC), an industrial-grade touch panel PC which brings Experion control room capabilities to the field operations. Experion Panel PC enables users to apply Experion HMI consistently throughout their operations for increasing efficiencies and reducing total cost of ownership.
Asia-Pacific Human Machine Interface Market, By Country, 2019to 2027
The report segments the Asia-PacificHuman Machine Interface Marketas follows:
Human Machine Interface Market – ByOffering
Human Machine Interface Market – By Configuration
- Embedded Diagnostic
Human Machine Interface Market – By End User Industry
- Energy & Power
- General Manufacturing
- Healthcare & Pharmaceutical
Human Machine Interface Market– By Country
- South Korea
- Rest of Asia-Pacific
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