On the basis of verticals , it is segmented as manufacturing , automotive oil & gas sector , and aerospace . In manufacturing sector HMI helps in simultaneous view of real-time and historical data , configuration , colours , fonts , scales , limits , formats , grid lines and viewing orientation , and data gathering from different sources on the same trend . Software features include big picture views with drill down capabilities , ActiveX control and automation , configurability of new charts with auto-scale and auto-band , annotation with audit trail , and batch mode with time shifting to compare trends .
North America human machine interface market is expected to emerge as a dominant segment owing to early technology adoption . Further , the rise in a number of automation projects and increase in the labour cost is expected to play a key role in driving the regional demand over the forecast period . Europe is expected to show relatively slow growth rate owing to European economies facing downturn due financial debt . The presence of major automotive industries such as BMW , Audi , and Volkswagen has maintained slightly positive sentiment for the market . The market is expected to show huge growth as and the economies revive .
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Asia Pacific human machine interface market is anticipated rapid growth owing to growing industrialization . Additionally , availability of raw materials and low-cost labour may also catalyse regional demand . Countries like India , China and Japan are showing rapid economic growth which has increased the industrial automation in these economies . Major companies present in this market are Advantech Co ., Ltd ., American Industrial Systems Inc ., B-Scada , Inc ., Elektrobit Corporation , Interlink Electronics , Inc ., Panasonic Corporation , Schneider Electric Software , LLC , and Siemens AG
Companies in the market have adopted various strategic initiatives such as new product development , merger and acquisition , and partnerships and collaboration in order to have a competitive advantage and strong market share . In November 2014 , Advantech Co ., Ltd launched HMI / SCADA software with a HTML5 based business intelligence dashboard called WebAccess 8.0 . This software can be operated by any HTML5 compatible browser . The Business Intelligent Dashboard analyses data and helps managers make decisions as to what to do and WebAccess 8.0 also provides developers with the tools to design their own widgets and applications and the integration of Microsoft Excel reports . Through HTML5 , a limitless number of users , with varying access levels are able to read information and make changes from wherever they are using either the Internet or Intranet . In May 2015 , Siemens AG launched SPPA-T3000 R7.2 control system , it offers increased efficiency and effectiveness for power plant operators , easier and more simplified handling during day-to-day operation , and active support for control room staff in critical situations .
Market Segments