In 2019, the human machine interface (HMI) market in Europe was valued at 1.35 billion U.S. dollars, with forecasts predicting this will grow to 2.85 billion U.S. dollars by 2027. As suggested by the source, the market is estimated to grow at a compound annual growth rate (CAGR) of 10 percent from 2020 to 2027, with technologies including artificial intelligence (AI) and internet of things (IoT) supporting the growth of this market.
Human machine interface (HMI) market size in Europe in 2019 and 2027
(in billion U.S. dollars)
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PR Newswire. (May 25, 2020). Human machine interface (HMI) market size in Europe in 2019 and 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved December 22, 2024, from https://www.statista.com/statistics/1119913/european-human-machine-interface-market-size/
PR Newswire. "Human machine interface (HMI) market size in Europe in 2019 and 2027 (in billion U.S. dollars)." Chart. May 25, 2020. Statista. Accessed December 22, 2024. https://www.statista.com/statistics/1119913/european-human-machine-interface-market-size/
PR Newswire. (2020). Human machine interface (HMI) market size in Europe in 2019 and 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: December 22, 2024. https://www.statista.com/statistics/1119913/european-human-machine-interface-market-size/
PR Newswire. "Human Machine Interface (Hmi) Market Size in Europe in 2019 and 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 25 May 2020, https://www.statista.com/statistics/1119913/european-human-machine-interface-market-size/
PR Newswire, Human machine interface (HMI) market size in Europe in 2019 and 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1119913/european-human-machine-interface-market-size/ (last visited December 22, 2024)
Human machine interface (HMI) market size in Europe in 2019 and 2027 (in billion U.S. dollars) [Graph], PR Newswire, May 25, 2020. [Online]. Available: https://www.statista.com/statistics/1119913/european-human-machine-interface-market-size/
