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Research and Markets: Global Human Machine Interface (HMI) Market 2014-2018 with General Electric, Invensys & Schneider Electric Dominating the IndustryDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/xrjkbb/global_human) has announced the addition of the "Global Human Machine Interface (HMI) Market 2014-2018 with General Electric, Invensys & Schneider Electric Dominating the Industry" report to their offering. The Global Human Machine Interface (HMI) market to grow at a CAGR of 10% to 2018. The growth in industrial automation is one of the major drivers in the market. The Process industry in the APAC region is growing faster than the global Process industry, creating a positive impact on the HMI market in this region. HMI vendors are continually developing their technology to survive in the competitive business environment in which they operate. They have starteddeveloping proactive HMI systems that act as diagnostic tools and help implement preventive measures in manufacturing plants. With the help of these proactive HMI systems, end-users can locate and control production-related problems. In addition, these HMI systems have video capabilities. Further, the report states that the continuous decline in product prices is one of the major challenges in the market. The prices of HMI systems are steadily declining as a result of the increased popularity of open source HMI software and the easy availability of low-cost HMI systems. These factors have a negative effect on the pricing strategy of HMI vendors. Key vendors dominating this space are: Other vendors mentioned in the report are: Key Topics Covered:
For more information visit http://www.researchandmarkets.com/research/xrjkbb/global_human
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