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Global Automotive HMI Market Poised to Grow at a CAGR Of 14.86% by 2023


Infinium Global Research has added a new report on Automotive HMI Market. The report presents analysis of global as well as regional markets of automotive HMI market over the period of 2016 to 2024. Automotive HMI market is the technology where the interaction takes place only in between machine and human being. HMI is also known as man-machine interface (MMI). The interface consists of the hardware and the software that allows the user input to be translated by the user. Some of the most trending HMI technologies are head-up display system, keyless entry, power seats control, and occupant detection. Human machine interface is portal to exchange information, converts raw and unorganized data into useful and actionable data. Gesture control, customization, speech recognition, augmented reality etc. are some of the key features of Human-Machine Interface technologies.



Enhanced user experience and availability of greater comfort features in automotive industry is expected to be the factor driving the growth of the automotive HMI market. Additionally, growing demand for HMI in connected cars and increasing sales of commercial and passenger vehicles is anticipated to fuel the growth of the automotive HMI market over the forecast period. However, increasing design complexities and lack of standardization are the factors likely to hamper the growth of the automotive HMI market. On the other hand, high deployment cost of the advanced system is restraining the growth of the automotive HMI market. Furthermore, integration of multiple technologies such as adaptive and holistic HMI and integration of smartphone with HMI are augmented to provide several growth opportunities for the key players in the automotive HMI market. Automakers are gaining higher inclinations towards holistic systems. For instance, continental AG developed HMI system that operates in agreement with the driver’s situation and clear interface by using Active Matrix Organic Light Emitting Diode (AMOLED) displays.



Among the geographies, Asia pacific is expected to be the highest contributor in terms of revenue followed by Europe and North America. India is expected to be the fastest growing region due to increasing living standard and growing passenger car saturation. The US automotive HMI market contributed major industry due to high consumer inclination and presence of key industry players such as ford motors and general motors. The increase disposable income will result increased sales of vehicles in the countries such as china and japan. Continuous infrastructural developments coupled with industrial development activities in emerging economies have opened new avenues, creating several opportunities in the region for automotive OEMs. Moreover, the growth matrix presented by Infinium Global Research identifies the key investment markets in the near future, this will not only help the companies to understand the competitive position in the global automotive HMI market but also make strategic decisions to capture the most lucrative markets in the near future. The market size is presented in terms of value for the historic year 2016 and estimated for forecast period of 2018-2024.

 

Get 15% discount for early purchase of global automotive HMI market report by clicking the following link, Use code IGRD15 to request the discount in the given form

 

https://www.infiniumglobalresearch.com/reports/request-discount/1061

 

The recent report identified that Asia Pacific dominated the global automotive HMI market over the last couple of years, while emerging markets of Asia-Pacific and Latin America are anticipated to contribute significantly to the growth in the automotive HMI market worldwide.


The report segments the global automotive HMI market on the basis of Technology, Access Type, Vehicle Type and Product.

 

Global Automotive HMI Market by Technology

·         Visual

·          Acoustic

 

Global Automotive HMI Market by  Access Type

·         Standard Interface

·         Multimodal Interface

 

Global Automotive HMI Market by Vehicle Type

·         Passenger Vehicle

·         Commercial Vehicle

 

Global Automotive HMI Market by Product

·         Voice Control

·         Central Display

·         Instrument Cluster

·         HUD

 

Companies Profiled in the Report

·           Valeo S.A. 

·           Magneti Marelli S.P.A.

·          Delphi Automotive PLC

·         Continental AG

·         Luxoft Holding, Inc   

·         Synaptics Incorporated

·          Visteon Corp. 

·         Alpine Electronics Inc.   

·         Altran Technologies SA

·         Harman International Industries, Inc. 

 

About Infinium Global Research

Infinium Global Research is a business intelligence company that provides its clients with market information services, solutions, and reports. The intelligence reports include qualitative as well as quantitative information, which are blended using forecasting models in order to project future market demand. Our panels of Subject Matter Experts (SMEs), Analysts, and Consultants use numerous data gathering tools in order to provide you with detailed information on the market as well as a preview of its projected growth. Our repository includes the largest and most credible databases, through which we determine various qualitative and quantitative parameters of the market to provide you with an in-depth business intelligence report.

Infinium Global Research reports and consulting services cover numerous sectors, which include healthcare, chemicals, materials, energy, packaged goods, food and beverages, technology, and communications. These reports provide readers with market insights and detailed analysis of market segments to possible micro levels. Our reports, with stratified research methodology and wider scope of analysis, provide clients with crucial insights and information to meet their every requirement.




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