HMI market grows; bundled solutions beat independents

Dedham, Mass.— The worldwide human-machine interface (HMI) software market will grow at a 9.9% compound annual growth rate CAGR from more than $461 million in 2000 to almost $741 million through 2005, according to a study by ARC Advisory Group. The study, "Human Machine Interface Software Worldwide Outlook, Market Analysis & Forecast Through 2005," was released May 8.

By Staff June 1, 2001

Dedham, Mass.— The worldwide human-machine interface (HMI) software market will grow at a 9.9% compound annual growth rate CAGR from more than $461 million in 2000 to almost $741 million through 2005, according to a study by ARC Advisory Group. The study, “Human Machine Interface Software Worldwide Outlook, Market Analysis & Forecast Through 2005,” was released May 8.

ARC reports that one-stop-shopping packages offered by PLC companies are hurting most independents. Users buy HMI as a bundled control system component, which includes the PLC. Added market dynamics are generated as OEMs find creating their own focused HMI is a cost-effective alternative by using Visual Basic with software component products.

The study also found that HMI software suppliers will target lower cost, embedded, open operator interface devices because they provide users with an open alternative to existing proprietary, low-end, flat-panel displays and dedicated operator interface terminals.

For more information, Circle 347 or visit www.arcweb.com or www.controleng.com/freeinfo .