Human Machine Interface Market Surges to $5.5B, Driven by Automotive Sector and Industrial Automation
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North America held the largest human machine interface (HMI) market share of 30% in 2022. The market size surpassed USD 5.5 billion in 2022 and is estimated to reach USD 14.99 billion by 2032.
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The software segment held the largest market share by offering in 2022. The embedded HMI segment dominated by configuration.
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The automotive end-user segment had the biggest market share in 2022. Asia Pacific is expected to grow at the fastest rate during the forecast period.
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Growth factors include increasing adoption of smart technologies, investments in industrial automation, and growth of the automotive sector.
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Key players in the market include ABB, Advantech, Panasonic, American Industrial Systems, Atmel Corporation, BARTEC Top Holding, and Beckhoff Automation.