Human machine interface training courses market forecast
Some of the major challenges faced by original equipment manufacturers (OEMs) is the need to reduce the overall operating cost, enhance the efficiency of operations, and conform to the regulatory demands. This compels manufacturers to reduce the cost of the process by using advanced technologies. As a result, OEMs are encouraged to adopt human-machine interface (HMI) in the industrial setup to achieve sustainable and profitable returns. Our research analysis on the global human machine interface training courses market has identified that the increasing need for cost-cutting technology will be one of the major factors that will have a positive impact on this market’s growth in the coming years. The demand for HMI courses will further increase due to the growing popularity of smart automation training solutions in the manufacturing and processing industries such as petrochemicals, pharmaceuticals, automotive, oil and gas, and mining. According to the hmi training courses market analysis, Technavio’s market research analysts have predicted that this market will grow at a CAGR of close to 16% by 2021.
The traditional HMI software involved drop-down menus, pointing, and keyboard devices that slow down the process and requires training for inexperienced users. One of the key hmi training courses market trends that will stimulate growth in the global human machine interface training courses market during the estimated period is the growing emphasis on the modernization of software. Modern HMI software offers developers with HMUI layouts and displays the meaningful information. ISA101 is a new HMI standard, launched in 2014. It helps developers to obtain general guidelines on color codes and samples for superior design.
HMI training industry: Competitive landscape and key vendors
The human machine interface training courses market is fragmented and characterized by the presence of many regional and international players. Most vendors have training centers and strong geographical presence across the world. Furthermore, vendors of the HMI training courses market are increasingly competing against each other based on factors such as price and mode of delivery of the training.
Key vendors in this market are –
- Mitsubishi Electric
- OMRON
- Rockwell Automation
- Schneider Electric
- SIEMENS
The other vendors covered in this report are IPCS Automation, Livewire, MPTA education, and Technologics.
Segmentation by end-user and analysis of the human machine interface training courses market
- Academic segment
- Non-academic segment
The HMI training courses market is experiencing growth in the academic sector due to the growing demand for employees proficient from the manufacturing sector and the continuous enrollment for HMI training courses. Furthermore, the adoption of human-machine interface training courses will continue to increase in the academic sector for the next four years due to the growing scope of Industry 4.0 in the market.
Segmentation by geography and analysis of the human machine interface training courses market
The strong presence of manufacturing intensive and automobile companies is responsible for the human machine interface training courses market’s growth in EMEA. The steady demand for cost-effective technologies and skilled workforce from manufacturing-based companies in Central Europe, Nordics countries, and Baltic countries will continue to boost the need for HMI training courses in the forthcoming years.
Key questions answered in the report include
- What will the market size and the growth rate be in 2021?
- What are the key factors driving the global human machine interface training courses market?
- What are the key market trends impacting the growth of the global human machine interface training courses market?
- What are the challenges to market growth?
- Who are the key vendors in the global human machine interface training courses market?
- What are the market opportunities and threats faced by the vendors in the global human machine interface training courses market?
- What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
- What are the key outcomes of the five forces analysis of the global human machine interface training courses market?
Technavio also offers customization on reports based on specific client requirement.
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 06: MARKET SIZING
- Market definition
- Market size and forecast 2016-2021
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY END-USER
- Segmentation by end-user
- Comparison by end-user
- Academic segment – Market size and forecast 2016-2021
- Non-Academic segment – Market size and forecast 2016-2021
- Market opportunity by end-user
PART 09: REGIONAL LANDSCAPE
- Geographical segmentation
- Regional comparison
- EMEA – Market size and forecast 2016-2021
- Americas – Market size and forecast 2016-2021
- APAC – Market size and forecast 2016-2021
- Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Increased use of wireless and cloud-based technologies
- Rising demand in emerging economies
- Emphasis on modernizing software
PART 13: VENDOR LANDSCAPE
- Competitive landscape
- Competitive benchmarking
- Growth strategy
PART 14: VENDOR ANALYSIS
- Vendor overview
- IPCS Automation
- Livewire
- Mitsubishi Electric
- MPTA education
- OMRON
- Rockwell Automation
- Schneider Electric
- SIEMENS
- Technologics
PART 15: APPENDIX