Press release
Automotive Human Machine Interface Market Forecast to 2024 in a Newly Released Report Profiling Altran Technologies SA, Bosch Mobility Solutions, Clarion Co Ltd, Continental AG, Denso Corporation, EAO AG, Harman International, Johnson Controls Internation
Automotive Human Machine Interface
North America is projected to hold a market share of about 20% in 2024 due to an increase in the number of several connected vehicles that are equipped with smart interfaces and advanced technology platforms to improve the overall driving experience. Several benefits including driver assistance and smart traffic control associated with the use of IoT platforms in vehicles will drive the demand for HMI systems. The demand for automotive HMI is expected to increase over the forecast timeline as a majority of the vendors in this region are introducing new technology-enabled platforms for the vehicles to enhance the inter & intra-vehicular communication.
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Players operating in the global Automotive Human Machine Interface market include Alpine Electronics, Altran Technologies SA, Bosch Mobility Solutions, Clarion Co Ltd, Continental AG, Denso Corporation, EAO AG, Harman International, Johnson Controls International plc, Luxoft Holdings, Magneti Marelli S.p.A, Mitsubishi Electric Corporation, Nuance Communications Inc, Panasonic Corporation, Socionext America Inc, Synaptics Incorporated, TATA ELXSI, Valeo, Visteon Corporation.
Automotive HMI Market is projected to surpass USD 27 billion by 2024. HMI systems allow real-time human-to-machine or machine-to-machine interaction to enable the vehicle operators to collect information about the status and performance of the vehicle. These systems are being deployed increasingly to enhance every aspect of the in-car experience by improving safety, remote diagnostics, and speech assistance.
The automotive HMI market in Europe is projected to register an accelerated growth with a CAGR of over 13% during the forecast period. An increase in the production of passenger cars and commercial vehicles is expected to fuel the demand for integrated infotainment systems that provide information and entertainment for an enhanced, in-vehicle experience. Another driving factor is the increasing demand for autonomous cars that compels the automakers to invest in next-generation technologies such as gesture recognition, AI, and machine learning to enhance in-vehicle infotainment & communication experiences.
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The factors driving the automotive HMI market growth include the growing demand for smart vehicles that have integrated infotainment systems, which provide a combination of information and entertainment for an enhanced user experience. The widespread use of Advanced Driving Assistance Systems (ADAS) to enable better fleet management and ensure vehicle and driver safety will also propel the automotive HMI market growth. Another factor augmenting the market growth is the shifting consumer trends toward luxury cars due to a rise in the disposable income.
Table of Content:
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Automotive HMI Industry Insights
Chapter 4. Competitive Landscape, 2017
Chapter 5. Automotive HMI Market, By Product
Chapter 6. Automotive HMI Market, By Interface Type
Chapter 7. Automotive HMI Market, By Vehicle Type
Chapter 8. Automotive HMI market, By Access Type
Chapter 9. Automotive HMI market, By Region
Chapter 10. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/automotive-human-machine-interface-hmi-market
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