Market Trends of Europe HMI Industry
This section covers the major market trends shaping the Europe Human Machine Interface Market according to our research experts:
Automotive is Expected to Hold Significant Share
- The automotive sector finds significant HMI applications among various end-user industries, as automation is already prominent in the region. The presence of some leading manufacturers, along with the increase in consumption, is driving the market value in the region. For instance, registrations of alternatively-powered cars in the European Union incurred a steady growth of about 46.2%. By July 2019, 110,630 electrically-chargeable vehicles (ECV) were registered, which is 51.8% more than that in 2018.
- Emerging trends, such as the boost in site relocations, merger and acquisition activities, and integration operations, are increasingly being witnessed in the region. Furthermore, the shifting consumer preferences, advancement in technology, and climate-related policies are expected to drive the demand for smart vehicles.
- For instance, adaptive integrated driver-vehicle interface (AIDE) is an integrated project funded by the European Commission, under the Sixth Framework Programme, that involves 31 partners from the European automotive industry and academia, to deal across the behavioral and technical concerns related to automotive human-machine interface design, with a specific focus in integration and adaptation. The project includes tightly integrated empirical research, driver-behavior modeling, and methodological and technological development.
- The German automotive industry has significantly extended its global position in automotive production over the last few years. Moreover, sustainability in the sector is expected to be a significant driver for market growth. Thus, further investments in the automotive industry are expected to drive market penetration for automation, which is, in turn, driving the demand for HMI systems.
- The automotive industry, which was already facing a slump in sales during 2019, is expected to observe the continued drop in sales until the end of 2020. This is expected to significantly influence the production facilities spending on technological upgrades to enhance the production capacities. According to ACEA, as of 20th April 2020, the EU comprehensive production losses caused by factory shutdowns lead to an interrupted production of at least 2,068,832 motor vehicles, including passenger cars, vans, trucks, and trucks buses, and coaches.
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United Kingdom is Expected to Hold Significant Share
- The rapidly increasing need to reduce the manufacturing costs, along with the increasing applications of the Internet of Things, has prompted the machine-to-machine (M2M) technologies to fuel the demand for HMI solutions across the United Kingdom. The need for increased production efficiency is one of the significant causes of concern for industry 4.0 priorities and is expected to affect the evolution of HMIs.
- The UK government commissioned the 'Made Smarter' initiative, to make the fourth industrial revolution a country-wide phenomenon by 2030. A significant action of this scheme is the deployment of the high-value manufacturing (HVM) Catapult, which consists of seven technology and innovation centers, offering vendors with access to technological expertise and equipment, which may otherwise be unavailable or financially out-of-reach.
- According to the British Automation & Robot Association, there has been a surging demand for automation solutions across the country. Facilities, such as banana ripening, timber preservation, dairy maintenance, and packaging in milk dairies, have been deploying automation solutions that emphasize the use of HMI systems for smooth usage.
- Furthermore, a significant demand for HMI is witnessed in the end-of-line checking and packaging equipment, along with the food and beverage industry. There have also been significant investments toward robotics across the region. According to the International Federation of Robotics (IFR), about 1.4 million robots are expected to be deployed across the world by 2019. This factor is expected to revolutionize the type of HMI systems that are needed for functioning.
- HMIs primarily use sensors, robots, software, wireless systems, enterprise software, and machine-to-machine learning technologies, to gather useful information and analyze data. This functionality of these devices is expected to drive their demand in the market. Vendors in the market are involved in the R&D activities, as HMIs in the future are going to be more sophisticated for enhanced efficiency across the mining and metal sector, thereby enabling remote service operations, especially when the workers are interacting with them in dusty, humid, or extreme environments.
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