About Keypad HMI Displays
HMI is referred to as Human Machine Interface. It is also known as User Interface (UI), Operator Interface Terminal (OIT), or Man-Machine Interface (MMI). Keypad HMI displays include an LCD screen and keypad. It visualizes operating, monitoring, and efficient control in real-time. It contains hardware and software solutions for information exchange and communication between systems or machines and human operators.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Global Keypad HMI Displays is a fragmented market due to the presence of various players. The players are focusing on investing more in Launching Products. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Schneider Electric (France), Siemens (Germany), Eaton Corporation (Irland), Phoenix Contact (Germany), Ascon Tecnologic Srl (Italy), Novakon Co., Ltd. (Taiwan), KEBA Group AG (Austria), Shenzhen INVT Electric (China), OMEGA (United Kingdom) and ELCO Elettronica di A. Ligabue e C. snc (Italy) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Makersan India PVT Ltd. (India), ARICO Technology Co., Ltd. (China), Exor (United States) and LM Instrumentation (France).
Segmentation Overview
AMA Research has segmented the market of Global Keypad HMI Displays market by Type (Manual, Fully Automatic and Semi-Automatic), Application (Industrial, Commercial and Others) and Region.
On the basis of geography, the market of Keypad HMI Displays has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Sales, the sub-segment i.e. Online will boost the Keypad HMI Displays market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Display Size, the sub-segment i.e. 72 x 22 mm will boost the Keypad HMI Displays market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Display Type, the sub-segment i.e. LCM will boost the Keypad HMI Displays market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Voltage, the sub-segment i.e. 230 V will boost the Keypad HMI Displays market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement over the Globe
Market Growth Drivers:
Increasing Application of Keypad HMI Displays in Industrial Sector
Challenges:
Growing Competition between the Key Players
Restraints:
Keypad HMI Displays Required More Power than Others
Opportunities:
Growing Applications of Electronic Devices can create Opportunities for the Keypad HMI Displays Market Growth
Market Leaders and their expansionary development strategies
In January 2022, Eaton Corporation has acquired Royal Power Solutions. The acquisition is based on the improvement of the quality of life and the environment through the use of power management technologies and services of Eaton’s. The combination offers sustainable solutions that help customers effectively manage electrical, hydraulic, and mechanical power, more safely, more efficiently and more reliability.
In March 2024, Idac, has been a supplier of automation components for over seventy years. The company’s product line ranges from PLCs to HMIs, safety components, switches, and industrial electrical components. Recently, Idec expanded its family of SmartAXIS Touch combined PLC+HMIs to include a 7-inch model with expandable I/O capabilities.
Key Target Audience
Keypad HMI Displays Manufacturers, Keypad HMI Displays Suppliers and Distributors, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.