Automotive Human-Machine Interface (HMI) Market
Transparency Market Research has published a new report on
the global automotive human-machine interface (HMI)
market for the forecast period of 2019–2027. According to the
report, the global automotive human-machine interface market is projected to
reach ~ US$ 27 Bn by 2027, expanding at a CAGR of ~7% during
the forecast period.
Prominent players operating
in the global automotive human-machine interface market include:
Alpine, Altran, Clarion, Continental AG, Denso Corporation, EAO, Harman
International, Luxoft, Magneti Marelli, Nuance, Panasonic, Robert Bosch GmbH,
Socionext, Tata ELXSI, Valeo Visteon, and Yazaki.
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Global Automotive HMI Market: Key Insights
- According
to the report, penetration of the automotive HMIs is rising consistently,
led by the arrival of new technologies and the adoption of smart features
such as speech and face recognition.
- The
infotainment systems segment accounted for a significant share of the
global automotive human-machine interface market, owing to the high
penetration of infotainment systems in vehicles. However, the integration
of various modes of interfaces is rising in all systems, which, in turn,
is propelling the automotive HMI market.
- Asia
Pacific held a notable share of the global automotive human-machine
interface market in 2018. The Asia Pacific automotive human-machine
interface market is estimated to expand significantly during the forecast
period, at a CAGR of ~7% during the forecast period.
- Moreover,
the rising inclination of the automotive industry toward vehicle
connectivity and intelligent transportation has prompted manufacturers to
integrate automotive HMIs in vehicles.
Expansion of Global Automotive HMI Market
- An automotive
human-machine interface is a key component of smart and autonomous
vehicles. Thus, the global automotive human-machine interface market is
expected to expand due to the advancements of technologies in the
automotive industry.
- Key
premium vehicle manufacturers such as AB Volvo, BMW AG, Daimler AG, and
Volkswagen Group are adopting technical-advanced features at a significant
pace. Furthermore, the development of HMI systems by key automotive
manufacturers such as Continental AG, Harman, Alpine, Denso Corporation,
Tata ELXSI, and Valeo, is anticipated to boost the global automotive
human-machine interface market at a significantly high growth rate.
- The
rising preference for speech recognition and voice command features in
vehicles is expected to drive the global automotive human-machine
interface market during the forecast period.
- The
rising integration of informative screens with infotainment systems for
drivers as well as passengers is expected to be a key factor that boosts
the global automotive human-machine interface Furthermore, the integration
of products, such head-up display and voice command feature, enhance the
safety factor of vehicles by reducing the chances of distraction of the
driver. Thus, the demand for these products is considerably high in Europe
and North America.
Based on product, the infotainment systems segment held a
major share of the global automotive HMI market, owing to the high penetration
of infotainment systems in vehicles. Moreover, advancements in technology and
integration of multiple interfaces for a single system are also likely to drive
the global automotive human-machine interface market. Other segments such as
heads-up displays and steering mounted interfaces are expected to be highly
lucrative in the global automotive human-machine interface market.
The global automotive human-machine interface market has
been segmented as follows:
- Automotive
HMI Market by Product
- Infotainment
Systems
- Window/
Door Controls
- Instrument
Clusters
- Head-up
Displays
- Steering
Wheels
- Automotive
HMI Market by Vehicle
- Passenger
Vehicles
- Hatchbacks
- Sedans
- SUVs
- Commercial
Vehicles
- Automotive
HMI Market by Interface
- Voice
Command
- Face
Detection
- Gesture
Recognition
- Mechanical
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