India Automotive Human Machine Interface Market by Product, Interface, Access, End-Use and Region - Growth and Demand Forecast to 2023

The growth of the market is majorly driven by the growing in-vehicle connectivity, rising demand for enhanced user experience and safety features, and increasing passenger car sales in the country.

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Based on product, the Indian automotive HMI market is categorized into steering mounted controls, touch screen display, multifunction switches, head-up display (HUD), instrument clusters and rear seat entertainment (RSE). Of these, the touch screen display category is estimated to account for the largest share in the market, driven by its increasing adoption in medium category cars.

On the basis of end-use, the Indian automotive HMI market is segmented into economy, medium, and premium cars. On the basis of value, the medium car category held the largest share in the automotive HMI market of the country in 2017, accounting for more than 62%, due to increasing HMI penetration in these cars. However, premium car is expected to be the fastest growing category during the forecast period, due to its increasing sales in the country.

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On the basis of access, the Indian automotive HMI market is categorized into multimodal HMI and standard HMI. Standard HMI access held a larger revenue share, at more than 90%, in 2017, due to lower cost of these HMIs when compared to the multimodal ones.

Car sales in India have witnessed a significant growth in the last decade, driven by the share of young population, rising income levels, and urbanization in the country. The sales of passenger cars would continue to witness a strong growth during the forecast period, thus, driving the Indian automotive HMI market.

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Some of the major players operating in the Indian automotive HMI industry are Visteon Corporation, Panasonic Corporation, Continental AG, Robert Bosch GmbH, DENSO Corporation, Nippon Seiki Co. Ltd., Alpine Electronics Inc, Alps Electric Co., Ltd, Omron Corporation, ZF Friedrichshafen AG and Valeo SA.

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