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HMI Market Estimated to Surpass $8.4 Billion by 2026


HMI Market Segment Analysis – By Geography
The Asia Pacific market for the HMIs is forecast to witness high rate of adaptation compared to other regions. The presence of a large number of developing markets in the APAC is one of the key factors driving the growth of the HMI Market. China, India and South-East Asian countries are speculated to make huge investments in the automation sector by 2022 to equip their manufacturing and industrial plants with automated solutions to improvise the production process and achieve set targets. Japan being one of the technologically advanced nations is a significant market for HMIs and is currently using these devices across all sorts of industry verticals at a higher scale. Australia and New Zealand are the mature markets but the HMIs shipments are projected to surge as the countries are shifting towards more automated and advanced military equipment. ....

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