Indian Automotive HMI Market is Projected to Reach $1 Billion by 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.
Insights into market segments
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.
Request to Get the Sample Report@ https://www.psmarketresearch.com/market-analysis/india-automotive-hmi-market/report-sample
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. However, multimodal HMI is expected to witness faster growth during the forecast period, due to increasing demand for premium and comfort features in passenger cars. Benefits offered by multimodal HMI, such as improved recognition and faster interaction, are likely to swell their adoption in passenger cars.
The HMI sales in the country is evenly distributed in the northern, southern and western regions of the country, with the western part of the country accounting for the maximum share, contributing more than 28% in automotive HMI market in 2017. The HMI sales in the eastern region of the country remains low, due to lower economic growth and low income levels in this part of the country.
Explore Full Report Description At@ https://www.psmarketresearch.com/market-analysis/india-automotive-hmi-market
Increasing passenger car sales benefiting the India Automotive HMI market
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.
Additionally, increasing urbanisation in the country is leading to growing demand for passenger cars from Tier1 and Tier2 cities in the country. According to the census data, the population residing in urban areas increased from 28.5% in 2001 to 31.2% in 2011. Rising passenger car sales is increasing the sales of HMI products such as steering mounted controls, touch screen displays, and RSEs, thus, benefiting the Indian automotive HMI market.
Make Enquiry Before Buying the Report@ https://www.psmarketresearch.com/send-enquiry?enquiry-url=india-automotive-hmi-market
India Automotive HMI Market Competitive Landscape
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.
Toll-free: +1-888-778-7886 (USA/Canada)
About P&S Intelligence
P&S Intelligence is a provider of market research and consulting services catering to the market information needs of burgeoning industries across the world. Providing the plinth of market intelligence, P&S as an enterprising research and consulting company, believes in providing thorough landscape analyses on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness.
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Indian Automotive HMI Market is Projected to Reach $1 Billion by 2023 here
News-ID: 1782331 • Views: 134
More Releases from P&S Intelligence
Self-Monitoring Blood Glucose Devices Market Analysis, Top Companies, New Techno …
This growth in the market is attributed to the increasing prevalence of diabetes, surge in geriatric population, and technological advancements. Moreover, increasing awareness about diabetic care, rising obese population, and favorable in health insurance and reimbursement scenario are also driving the growth of the market, globally. On the basis of type, the self-monitoring blood glucose devices market is categorized into strips, glucose meters, lancets and others. Among all types, strips held
Saudi Arabia Surgical Sutures Market Competitive Analysis, Industry Dynamics, Gr …
On the basis of product, the Saudi Arabian surgical sutures market has been categorized into sutures and automated suturing devices. Between the two suture types, namely absorbable and non-absorbable, absorbable sutures are estimated to hold a larger share, of 65.3%, in the market in 2017. This can be attributed to an increase in the demand for absorbable sutures, as they can be easily broken down by the body through the
New Research on Respiratory Diagnostic and Monitoring Device Market with Deliver …
The market is driven by factors such as high prevalence of respiratory disease, growing geriatric population, high prevalence of smoking, rapid urbanization and increasing pollution level, and increasing healthcare expenditure. Request for a sample of this research report: https://www.psmarketresearch.com/market-analysis/respiratory-diagnostic-and-monitoring-device-market/report-sample In terms of type, the respiratory diagnostic and monitoring device market includes pulse oximeter, spirometer, gas analyzer, capnographs and others. In 2015, the pulse oximeter was the largest segment of the respiratory diagnostic
Needle-Free Diabetes Management Market Size, Product Type, Application and Top K …
The needle-free diabetes management market size is set to cross $16.8 billion by 2025, growing at a CAGR of 17.8% between 2017-2025. The market is driven by factors such as growing geriatric population, high prevalence of diabetes, technological advancements and increasing awareness regarding the safety issues associated with needles. Access Detailed Report Summary: https://www.psmarketresearch.com/market-analysis/needle-free-diabetes-management-market The needle-free diabetes management market comprises of treatment device, diagnostic device and artificial pancreas. In 2016, the
More Releases for HMI
Human Machine Interface Market Report 2018: Segmentation by Offering (Hardware ( …
Global Human Machine Interface market research report provides company profile for ABB Ltd. (Switzerland), Advantech Co., Ltd. (Taiwan), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International Inc. (U.S.), Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.) and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in
Impressive Growth for the Automotive HMI Market
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. Asia Pacific automotive HMI market share dominated the global industry share, in
Global HMI Software Development Market 2017-2021
"Global HMI Software Market 2017-2021" The Report covers current Industries Trends, Worldwide Analysis, Global Forecast, Review, Share, Size, Growth, Effect. Description- About HMI Software HMI software is used to control the operation of a plant and this helps in improving the efficiency of the factory. This software aids in providing real-time data and data logging that are used in analytics to make strategic decisions. Technavios analysts forecast the global HMI software market to grow
HMI 2010: Kithara presents new Profibus Master
Real-Time extension now supports the Profibus cards of Hilscher The Windows real-time environment »RealTime Suite« of the Berlin company Kithara Software now supports time-critical applications with Profibus, too. Therewith this proved and widely-used fieldbus system can be used in future with Windows in real time. Despite of the undeniable trend to Ethernet-based automation protocols, Profibus is currently the system with the most widely-use and furthermore high growth. However, with Windows it was
19.0 inch HMI solution with CAN-Interface
In Q4, Janz Automationssysteme AG will introduce the emVIEW-19 - a panel PC with 19.0” display size - to the market. Lots of interesting projects affected the decision to make this. emVIEW-19 - similar to the already available emVIEW-12 and emVIEW-15 systems (with 12.1“ and 15.0“ displays) - is based on the emPC-M controller family. This means extensive and comprehensive support for diverse performance classes: 500 MHz (Geode LX800) up to
emVIEW HMI systems from Janz
emVIEW systems from Janz are now also available with a POWERLINK PCI interface and can thus be used as Managing Nodes for POWERLINK networks. The systems are based on an emPC-A400 embedded PC and emPC-M systems. A sophisticated mechanical design allows for the easy combination of a display (with or without touchscreen) and emPC, thus allowing users to operate emPCs as stand-alone units or with a display.