Press release
Global Automotive Human Machine Interface Market Predicts The Market To Reach US$ 27 Bn Value by 2022
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Human machine interface systems enable rich infotainment features in vehicles such as GPS navigation, the internet, and information, facilitating long distance travel. One of the major key trends observed in the global automotive human machine interface market is soaring demand for automotive infotainment. Infotainment devices are used for communication, navigation, and entertainment in automobiles, influencing demand for telematics devices.
Automotive human machine interface systemsenable interface between humans and automated systems, using human-machine interface panels & software, helping operators to interact with the automated systems in vehicles. This enables the provision of inputs, and helps in monitoring, checking, and controlling the parameters of control systems in automobiles.
Vendors of automotive human machine interface systems have commenced incorporating innovations and new ideas into already existing systems, for increasing their market presence across the globe. Human machine interfaces are largely adopted in high-end automobiles, and are estimated to be introduced in low-cost vehicles in the upcoming years. The government intervention for enhancing the in-vehicle safety has been rising, coupled with surging integration of mobile phones in vehicles. These factors will augment the market growth of automotive human machine interface in the near future.
The Fact.MR report on global automotive human interface systems market predicts the market to reach US$ 27 Bn value by 2022-end, reflecting a healthy CAGR during 2017-2022
Key Takeaways from the Global Automotive Human Machine Interface Market
Asia Pacific excluding Japan (APEJ) is anticipated to remain the most-lucrative region for the market, in terms of revenues. The markets in Europe and APEJ are estimated to register similar CAGRs through 2022.
The market in Middle East & Africa (MEA), and Japan will collectively account for revenues worth US$ 2,235.8 Mn by 2022-end, with MEA being comparatively more lucrative than Japan.
Central display automotive human machine interface will remain preferred among products in the market. However, sales of head-up display (HUD) automotive human machine interface are expected to register the fastest expansion through 2022.
Automotive human machine interface systems will witness the largest sales in sedans/SUVs, to surpass US$ 10,000 Mn in revenues by 2022-end.
Luxury/sports cars will continue to be the second largest car type segment in the global market, with sales estimated to register the highest CAGR through 2022.
Aftermarket is estimated to remain the largest sales channel for automotive human machine interface systems, with sales estimated to reach nearly US$ 20,000 Mn by 2022-end.
By technology type, visual automotive human machine interface systems will remain dominant in the market during the forecast period.
Sales of mechanical automotive human machine interface will continue to register the fastest expansion through 2022.
Aftermarket Channel Largest in Automotive Human Interface System Market
The aftermarket segment comprises roughly two-third revenue share by sales channel segment in the Automotive Human Interface System market and it could be a market of nearly US$ 20 billion by end 2022 which OEM’s must take into consideration while devising their long-term strategies.
Competition Tracking
The report has also profiled leading players in the global market for automotive human interface systems, which include companies such as Delphi Automotive PLC, Valeo S.A., Synaptics Incorporated, Honeywell International Inc., Visteon Corp., Altran Technologies S.A., Denso, Nippon Seiki, Alpine Electronics,Co., ltd, Magneti Marelli S.P.A, and Saint-Gobain SA.
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Table of Content
Chapter 1. Global Automotive Human Interface System Market - Executive Summary. 14
Chapter 2. Global Automotive Human Interface System Market Overview. 16
2.1. Introduction. 16
2.1.1. Global Automotive Human Interface System Market Taxonomy. 16
2.1.2. Global Automotive Human Interface System Market Definition. 16
2.2. Global Automotive Human Interface System Market Size (US$ Mn) and Forecast, 2012-2022. 17
2.2.1. Global Automotive Human Interface System Market Y-o-Y Growth. 17
2.3. Global Automotive Human Interface System Market Dynamics. 17
2.3.1. Drivers. 17
2.3.1.1. Shift Toward Green Technology. 17
2.3.1.2. Innovations in Technology. 18
2.3.1.3. The Influence of China. 18
2.3.2. Trends. 18
2.3.2.1. Adoption of New Mobility Solutions. 18
2.3.2.2. Focus on Granular Insights – City-wise Analysis will Replace Region-wise Analysis. 18
2.3.2.3. Rising Complexity Influencing Greater Emphasis on Platforming. 19
2.3.2.4. Meeting Emission Guidelines will Gain Prominence. 19
2.4. Supply Chain. 20
2.5. Cost Structure. 20
2.6. Pricing Analysis. 20
2.7. List of Distributors. 21
2.8. Key Participants Market Presence (Intensity Map) By Region. 21
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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Automotive Market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
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