Automotive HMI Market 2018 Top Key Players Continental AG, Delphi, Valeo, Alpine Electronics, Tata Elxsi, Visteon, Altran Technologies, Voicebox Technologies, Adient, Atmel Corporation

Market Overview:-

Automotive HMI Market is categorized into hardware, software, and services. Hardware segment exhibited the highest revenue share in 2015, is expected to dominate the component costs over the forecast timeframe. Automakers are increasingly focusing on differentiating their products by enhancing infotainment systems to influence the systems deployment demand at the entry and mid-level sectors. This will help the industry players to expand their regional and consumer application scope and gain higher marginal profits.

Based on technology, the automotive HMI market is bifurcated into visual and acoustic interfaces. Visual interface segment held the highest industry share in 2015, owing to the factors such as consumer electronics enhancements, incorporation of major interfaces into the systems and the preferences of consumers. Acoustic interfaces have witnessed relatively lower adoption rates owing to the technological glitches and reluctance of the consumers regarding the technology.

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Top Key Players:-

The key players of global Automotive HMI Market are Continental AG, Delphi, Valeo, Alpine Electronics, Tata Elxsi, Visteon Corp., Altran Technologies, Voicebox Technologies, and Adient, Atmel Corporation.

Regional Segmentations:-

U.S. automotive HMI market contributed major industry share owing to high consumer inclinations and presence of key industry players that include General Motors and Ford Motors in the region.

Asia Pacific automotive HMI market share dominated the global industry share, in 2015, and is anticipated to continue its dominance during the forecast timeframe. Increasing demand of comfortability, premium features and rising disposable income in emerging economies that include China and India are the prominent factors influencing regional growth.

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Automotive HMI market is categorized into the instrument cluster, voice control, HUD, central display, and RSE displays, on the basis of the products. HUD segment is projected to dominate the industry share pertaining to its featured safety applications. Instrument cluster sector is estimated to witness appreciable growth rate over the forecast period owing to the increasing global consumer demands.

Extensive co-relation of the automotive HMI systems and the electronic devices & components used in vehicles which provide scaled economies are expected to prominently fuel the automotive HMI market. Moreover, shifting focus of automakers towards improvement of the privacy standards and environmental impacts will enhance the automotive HMI market growth landscape over the forecast timeframe.

Human machine interface systems find extensive applications in managing infotainment and deliver information and manage diverse vehicle characteristics. Incorporation of driver warning systems with these interfaces helps to identify and deal with the problems faced by the vehicle and forthcoming on road difficulties efficiently. Moreover, it is attributed with features such as driving assistance, comfort, and active stability management of the vehicles to lower the engine workload. Owing to these advantages, the industry is expected to witness significant adoption rates and propel the automotive HMI market size.

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