Automotive HMI Market Global Industry Leading Players Analysis 2018: Voicebox Technologies, Valeo, Altran, Denso, Delphi, Alpine Electronics, Bosch, Synaptics, Clarion, Magneti Marelli, Continental, Visteon, and Luxoft

Automotive HMI Market rapidly growing at 8.5 % CAGR from 2018 to 2023. Global Automotive HMI Market is analyzed by Product (Voice Control, Central Display, Instrument Cluster, HUD, Others), Technology (Visual, Acoustic, Others), Access Type (Standard HMI, Multimodal HMI), Vehicle Types, and Region Forecast to 2023.

Major Players Analyzed In 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.

The forecast for growth in the market appears to be promising through the forecast period. The continual delivery of customer value has enhanced the market value of the industry. The proficiency to fuel competitive capabilities is among the main reasons powering their efforts in this period. The growing levels of diversification in the industry, have permitted the companies to use many chances available in the industry. The companies in this market are adapting to the state of events by employing portfolio upgrades and upholding financial fluidity.

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Market Dynamics:

Human Machine Interface (HMI) is a type of user interface that allows to connect an operator to the controller for the system to work. It can handle human-machine interaction. The interface between the operator and controller consists of a hardware and a software device that allows the user input to be translated for understanding by the user.

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 increased emphasis on reducing the magnitude of distraction the driver faces has driven the growth of the market. The HMI manufacturers and OEMs are of late concentrating on the installation of HUD in mid-size vehicles. The visual interface technology is anticipated to lead the market for the length of the forecast period because of factors such as inventions in electronic systems, incorporation with display systems, and improved consumer preference for implementation of visual interface technology. The multimodal input systems such as touch screen, haptic feedback, etc. are replacing the traditional form of technology such as hard push buttons, warning lights, and rotary controls. Moreover, improved sales of commercial and passenger vehicles in the emerging countries will lead to higher demand for HMI in vehicles during the forecast period.

Segmentation:

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.

Regional Analysis

The regional analysis of the market covers regions such as Europe, North America, Asia Pacific, and Rest of the World. The Asia Pacific region is projected to account for a major market share owing to an increase in demand of HMI in high-end vehicles. In the Asia Pacific, nations such as Japan and China are becoming manufacturing hubs for automakers because of the lower costs involved. Besides, the rise in the disposable income levels will lead to improved sales of vehicles. These factors will result in the expansion of the demand for HMI in the vehicles. The North American region is projected to be the next leading market because of the flourishing luxury car segment. The improved sales of luxury cars will also lead to a higher installation of HMI in the car, leading to the expansion of the market. Among the countries in North America, U.S. is likely to dominate the market in future. 

Industry Updates:

May 2018 Global plastic solutions heavyweight, Novares, has injected an investment of €5 million into UK flexible electronics pioneer FlexEnable in an initiative directed towards the automotive industry. The strategic equity investment from the French business will drive FlexEnable’s roadmap to bring flexible organic LCD (OLCD) technology to automotive interiors. This investment in FlexEnable will support Novares’ new solutions for light, clean, connected and autonomous cars that are user-friendly and include HMIs with an improved passenger experience.

Major Table of Content:

Table 1 Global Automotive HMI Market: By Region, 2018-2023

Table 2 North America Automotive HMI Market: By Country, 2018-2023

Table 3 Europe Automotive HMI Market: By Country, 2018-2023

Table 4 Asia Pacific Automotive HMI Market: By Country, 2018-2023

Table 5 RoW Automotive HMI Market: By Country, 2018-2023

Table 6 Global Automotive HMI Market, By Product, By Regions, 2018-2023

Table 7 North America Automotive HMI Market, By Product, By Country, 2018-2023

Table 8 Europe Automotive HMI Market, By Product, By Country, 2018-2023

Table 9 Asia Pacific Automotive HMI Market By Product, By Country, 2018-2023

Table 10 RoW Automotive HMI Market By Product, By Country, 2018-2023

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