Automotive HMI Market 2018 Global Share, Size, Key Players With Regional Forecast To 2023 - Denso, Alpine Electronics, Synaptics, Clarion, Magneti Marelli, Delphi, and Continental AG

Automotive HMI Market is projected to grow at 8.5% Compound Annual Growth Rate during forecast period of 2018 to 2023. This Global Automotive HMI Market growth is driven by factors such as growing demand in connected cars market, focus on improvement in technology among automotive manufacturers, and increasing sales of passenger and commercial vehicles. The growing demand for connected cars will result in increased demand of HMI in vehicles. The connected car is a standalone device that communicates and interacts with other devices.

Automotive HMI Market Key Company Analyzed For This Research Report 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.

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The global automotive HMI market is majorly driven by the enhanced user experience and availability of greater comfort features in the automotive. The increased penetration of tourist automobiles is also leading to the growth of the market. The ability of HMI to provide voice notifications, visuals and alerts for functions such as internet, GPS navigation and information also contributes to the growth of the market. Automotive HMI are usually preferred in vehicles for long distance travelling. The use of HMI in the car will allow smooth interaction between the vehicle and its occupants. The user can access various controls in the vehicle through standard or multimodal HMI. The automotive manufacturers are moving towards the development of a technology that will result in a higher market share. The key trends in automotive HMI market are integration of smartphone with HMI, increased safety features, gesture and voice recognition for enhanced HMI, and its wide use in autonomous vehicles. The trend of automotive HMI will result in the growth of the market in future. Also, increased sales of passenger and commercial vehicle in emerging countries will result in higher demand for HMI in vehicles.

The automotive HMI market is segmented based on product, technology, access type, and vehicle type. On the basis of product, the market is segment into voice control, central display, instrument cluster, head-up display (HUD), others. The HUD segment is expected to dominate the market during the forecast period because HUD is used in luxury and mid-sized vehicles. The increased emphasis on reducing the distraction of the driver has majorly driven the segment. HMI manufacturers and OEMs are focusing on the installation of HUD in mid-size vehicles. On the basis of technology, the market is segmented into visual, acoustic, and others. The visual interface technology is expected to dominate the market during the forecast period due to factors such as innovation in electronic systems, integration with display systems, and increased consumer preference for adoption of visual interface technology. On the basis of access type, the market is segmented into standard HMI and multimodal HMI. T

The multimodal segment is expected to dominate the market during the forecast period because OEMs are shifting their traditional control system with high-tech HMI. The multimodal input systems such as touch screen, haptic feedback, and gesture and voice control are replacing the traditional form of technology such as warning lights, hard push buttons, and rotary controls. The trend of multimodal system is basically due to growing demand from luxury segment. On the basis of vehicle type, the market is segmented into passenger car and commercial vehicles. Passenger car segment is expected to dominate the market in future due to increase in sales of passenger cars in emerging countries.

Regional Analysis:

On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to account for largest market share due to increase demand of HMI in high-end vehicles. In Asia Pacific, countries such as China, and Japan are becoming manufacturing hubs for automakers due to the lower costs involved. Also, the increase disposable income will result increased sales of vehicles. This will result in growing demand for HMI in the vehicles. North America is expected to be the second largest market due to booming sales of luxury car segment. The increased sale of luxury cars will also result in higher installation of HMI in the car, leading to the growth of the market. In North America, U.S. is expected to dominate the market in future. 

Automotive HMI Market Competitive Analysis:

The highly competitive market of the Automotive HMI is dependent on automobile sales and is driven by the increase in automotive production.  The market is fragmented owing to the presence of several large and small key players accounting for a substantial market share. Well established players incorporate acquisition, collaboration, partnership, expansion, product & technology launch to gain the competitive edge and to maintain market position. Competitive by nature, this market is envisaged to intensify with more entrants get attracted to the mass market.

The report for Global Automotive HMI Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Major Table Of Content:

1 Executive Summary

2 Research Methodology

2.1 Scope Of The Study

2.1.1 Definition

2.1.2 Research Objective

2.1.3 Assumptions

2.1.4 Limitations

2.2 Research Process

2.2.1 Primary Research

2.2.2 Secondary Research

2.3 Market Size Estimation

2.4 Forecast Model

3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis

Continued …

This study provides an overview of the global automotive HMI market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive HMI market by its product, technology and region.

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