Europe Touch Based Human Machine Interface Market – Size, Outlook, Trends, and Forecast (2024

Europe Touch Based Human Machine Interface Market - Size

Study Period

2018 - 2030

Base Year For Estimation

2023

Forecast Data Period

2024-2030

Historical Data Period

2018-2021

CAGR

7 %

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

Human-machine interface is the resource by which a human operator will interact with a process controller and allows the range of inputs by providing interaction controls. All the major industries are acknowledging Touch-based human-machine interface as these are capable of offering a real-time update of a process via Ethernet or wireless connectivity. These are flattering the productivity and environmental capability goals.

Europe Touch Based Human Machine Interface Market Segments Size & Growth:

Europe touch-based human machine interface market is valued at $XX Billion in 2017 and is projected to reach $XX Billion by 2024 at a CAGR of XX%. The significant factors recognized are increasingly in demand for the connected products, high standards set by industries to meet the production target, the demanding applications subjected to automotive safety, and support to boost the touch-based HMI device market, Continual developments in HMI software positioning a platform for multi-touch functions which are majorly responsible for the market growth. On the other side, Industrial automation is posing a threat to the global labour market, which is declining the market growth.

Europe Touch Based Human Machine Interface Market Segments Share:

Europe touch-based human-machine interface based on touch screen type is categorised into resistive, capacitive and surface acoustic wave and infrared. Besides, the capacitive type is segmented into projective capacitive and surface capacitive. Touch screens are electronic displays and input devices used in wide variety of methods. Resistive touchscreen technology is considered the most affordable, are usually used in commercial applications such as supermarkets, hospitals, restaurants, and are only used for

Europe Touch Based Human Machine Interface Market - Growth

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

specific uses. Capacitive touchscreen technology is most widely used in mobile applications and it human body capacitance as input. Capacitive sensing is even used in sensors such as proximity, humidity and much more. These touch screen types are having numerous applications in various industries, which is driving the market growth.

Components are classified into microprocessors, power management integrated chips, microcontroller, display interface, PLC, push buttons and others. Among which PLC’s are used in many industries and machines. It is used for automation of electromechanical processes such as control of machinery on factory assembly lines. The predominant usage of PLC’s in various industries is majorly driving the market growth.

Function modules are categorised into control & monitoring system, display monitors and industrial PC’s. Display monitors are showing substantial growth rates as these are majorly used in many applications in various sectors. Touch-based HMI market has significant opportunities under display monitors segment owing to its vague applications in industries. Control and monitoring systems and industrial PC’s are having substantial applications in industries.

Based on end-users, touch-based HMI market is classified as factory automation, building automation, digital signage, retail, home automation and others. Touchscreen HMIs are acting as efficient solutions for automation for a wide range of applications in manufacturing, digital signage, automotive, aerospace, retail and some others. In industrial applications, touch-based forms are used as operator panels, control and monitoring devices and industrial PCs.

Geographical analysis of touch-based human-machine interface under various regions is segmented into Germany, France, U.k, Italy, and others. Germany being home to the

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Europe Touch Based Human Machine Interface Market - Porter's Five Force Analysis

Source: Envision Intelligence Analysis & Experts Insights.

*Graph shown for illustrative purpose only, the final report will have the graph with actual data and data labels

world’s leading automobile companies, Daimler is the most producing market for touchscreen HMI’s used for both automotive and factory automation applications. These developments in this region are majorly driving the market.

Europe Touch Based Human Machine Interface Market Trends:

Penetration of touch-based human-machine interface technology across leading industry verticals.
Increasing Prevalence of smartphones with touch sensors.
Adoption of multi-touch.

Europe Touch Based Human Machine Interface Market Research Report includes:

An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.

To have complete market analysis, industry value chain analysis, Porter’s Five Force Analysis, PESTLE, SWOT analysis, and Y-o-Y analysis were carried to understand the market more comprehensively.

Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year

Identifying DROC in the current market and their impact in altering the market dynamics.

Competitive landscape analysis to identify the mergers and acquisitions, which will have a comparative financial study with significant competitors.

Expertise investment opportunities by the analyst to the individual and organisation to have the better foothold in the market.

The major market players are

Siemens AG
ABB Ltd.
General Electric Co.
Schneider Electric SE
Fuji electronics Co. Ltd
Mitsubishi Electric Corporation

Along with these companies, there were many other companies considered/cited in the report while analysing the Europe touch-based human machine interface market. These companies hold substantial share-owning to the nature of the industry whereas rest of the market shares are marginal chunks to regional and local level manufacturers. Other players have considerable presence owing to its robust brand image, geographical reach and strong customer base.”

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