Automotive Human Machine Interface (HMI) Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Global Automotive Human Machine Interface (HMI) size was valued at $14,807.4 million in 2017 and is projected to reach $33,590.4 million by 2027, registering a CAGR of 11% from 2021 to 2027.
An automotive human-machine interface is a simple interaction between a car and human-computer software. As the finesse increases, there are more opportunities for humans to control more functions of the vehicle. The car human-machine interface allows drivers and passengers to more conveniently communicate with the vehicle through smart features such as voice, touch screens, buttons, push rotary controllers, swipes and gestures, and even voice recognition technology. The distraction-free function of the human-machine interface makes the user experience more comfortable and convenient. Various automakers are also focusing on implementing multi-information displays in their cars to segment information based on the relevance of drivers and passengers. The system allows users to customize the functionality of the software to improve 2D and 3D graphics and interaction with driver augmented reality systems.
Market Segments
By Technology
- Visual Interface
- Acoustic Interface
- Others
By Product
- Voice Control System
- Central Display
- Steering Mounted control
- Instrument Cluster
- Head-Up Display (HUD)
- Rear Seat Entertainment (RSE)
- Multifunction Switches
By Access Type
- Standard HMI
- Multimodal HMI
Key Players
The key players in the automotive HMI market are Denso Corporation (Japan), Alpine Electronics, Inc. (Japan), Synaptics Incorporated (U.S), Clarion Co. Ltd. (Japan), Magneti Marelli S.p.A. (Italy), Delphi Automotive PLC (U.K), and Continental AG (Germany). Robert Bosch (Germany), Valeo S.A. (France), Altran Technologies, SA (France), Visteon Corporation (U.S.), Luxoft Holding, Inc. (Switzerland), and Voicebox Technologies (U.S.) are among others.
Scope of the Report
The research study analyzes the global Automotive Human Machine Interface (HMI) industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Automotive Human Machine Interface (HMI) Market Report
1. What was the Automotive Human Machine Interface (HMI) Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Automotive Human Machine Interface (HMI) Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Automotive Human Machine Interface (HMI) Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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