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European human machine interface (HMI) market size 2019-2027

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

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Sources

Release date

May 2020

Region

Europe

Survey time period

2019

Supplementary notes

* Forecast.

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