Lucintel's latest market report analyzed that human machine interface provides attractive opportunities in the chemical & petrochemical, paper & pulp, water & wastewater treatment, energy & utility, oil & gas, healthcare, food & beverage, and automotive industries. The human machine interface market is expected to reach $8.5 billion by 2028 with a CAGR of 9.9%. In this market, software is the largest segment by product, whereas automotive is largest by product.

Based on product, the human machine interface market is segmented into hardware, software, and services. The software segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to the rising use of HMI for monitoring operations, such as control functions, alarms, and printing management reports.

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The Human Machine Interface Market is marked by the presence of several big and small players. Some of the prominent players offering human machine interface include Rockwell Automation, ABB, Siemens, Honeywell, and Advantech.

This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link helpdesk@lucintel.com.

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