Automotive HMI System Market 2019 | Industry Trends, Technological Advancements, Market Dynamics, Business Overview, Competitive Landscape Analysis and Segmental Analysis By 2026

Automotive HMI System Market

The global automotive HMI system market is anticipated to grow at a CAGR of 12.4% during the forecast period 2019-2026. The base year considered for the study is 2018.

HMI stands for Human-Machine Interface, which means interaction between humans and systems/machines/devices. HMI is also referred to as Man-Machine Interface (MMI), Operator Interface Terminal (OIT), Local Operator Interface (LOI), or Operator Terminal (OT). Moreover, HMI and Graphical User Interface (GUI) are similar concepts but not synonymous with each other. GUIs are often leveraged within HMIs for visualization capabilities. In various industries, HMI is used for visualizing display data, tracking production time, trends, tags, manage KPIs, and machine input and output monitoring, among others.

According to a WHO report presented in 2018, approximately 1.35 million people die every year due to road traffic crashes, which costs most countries around 3% of their gross domestic product. Moreover, 93% of fatalities on the roads occur in developing or below poverty-line countries. Hence, to tackle such situations, many government initiatives and renowned public safety groups of many countries are working toward reducing road fatalities and injuries. For instance, the U.K. government has designed an action plan to improve road safety for people, which includes a number of projects, such as banning tires that have aged 10 years or more and old buses, coaches, minibusses, and lorries. Moreover, the Road Collision Investigation project, along with the RAC Foundation, is also ongoing.
The automotive HMI system is gaining traction among the car manufacturers and is expected to increase product sales, revenues, and profits in the upcoming years. The automotive HMI system is in its developing stage, and a significant number of technology launches are projected to take place in the near future across the globe.

The automotive industry is one of the largest and fastest-growing industries in the world. The end-users are expecting technical advancements and implementation into their vehicles with more safety and security of both passengers and cars along with appropriate pricing.

Obtain Brochure For Latest Technology Advancements @ 
https://straitsresearch.com/report/automotive-hmi-system-market/request-sample

The Major Prominent Players Covered in this Report:
automotive HMI system market include Delphi Automotive PLC (UK), Continental AG (Germany), Valeo S.A. (France), Synaptic Incorporated (U.S.), Clarion Co. Ltd. (Japan), Denso Corporation (Japan), Magneti Marelli S.P.A. (Italy), Visteon Corp. (U.S.), Robert Bosch GmbH (Germany), Alpine Electronics, Inc. (Japan), Nuance Communications, Inc. (U.S.), and Panasonic Corporation (Japan).

By Product, Instrument Cluster, Multifunction Switches, Steering-Mounted Controls, Central Display, Rear Seat Entertainment Display, Head-Up Display By Vehicle Type, Passenger Vehicle, Commercial Vehicle By Deployment, On-Premise, Cloud By Access Type, Standard, Multimodal

NOTE: Our analysts monitoring the situation across the globe explains that the market will generate remunerative prospects for producers post the COVID-19 crisis. The report aims to provide an additional illustration of the latest scenario, economic slowdown, and COVID-19 impact on the overall industry.

Following are the Human Machine Interface (HMI) design principles that increase driver’s trust.
informs passengers about AV use phases (pre-use, learning, driving, etc.)
informs passengers about autonomous driving events (entering vehicle, activation, manual mode, transition mode, autonomous driving mode, etc.)
considers factors that affect trust (asking for feedback, informing about errors, and providing confidentiality and customization)
smartly adopts HMI design elements during user interactions

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth rate of Steerable Medical Devices in these regions, from 2019 to 2026, covering:
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

View this report with a detailed description and TOC @ 
https://straitsresearch.com/report/automotive-hmi-system-market/toc

What’s Next?
The principal approach of integrating HMI in automobiles is not only limited to enabling technology but also to co-relate with other developing and implemented technologies specifically for automobiles as they are interdependent on each other. However, looking at present conditions, the automotive sector has fewer restrictions on developing and choosing technologies to set particular standards and guidelines for the future.

According to our research conducted for the automobile industry, it has been observed that 2018 has had the most electric vehicles launched to date. However, from 2019 we are expecting that charging infrastructure will start implementing in major developed countries. Additionally, vehicles manufactured will be more AI-based (smart cars), interactive, and connected to other vehicles and will eventually replace the old ones. It can simply be termed as the ‘ACES’ era of the automobile industry (i.e. A-Autonomous driving, C-Connected cars, E-Electrification, and S-Smart mobility).

Recent Developments:
In September 2016, Continental AG developed a system that assists truck drivers while making turns. The system is named ‘ProViu Detect’. It eliminates the risk of blind spots and works actively to warn the driver in situations of possible collisions, thus ensuring driver and passenger safety

In October 2016, Valeo S.A. acquired a 50% capital stake of CloudMade (U.K.). CloudMade is a start-up that develops smart and innovative automotive solutions. Valeo’s investment in ColudMade provides financial and technological support for innovative developments

In November 2016, Delphi collaborated with Intel and Mobileye for self-driving cars. Intel provides specialized computer chips to Delphi, an auto supplier, and Mobileye as the provider of vision systems for self-driving technology

Key Questions Answered in The Report:
What will the Automotive HMI System market growth rate?
What are the key factors driving the global Automotive HMI System market?
Who are the key manufacturers in the Automotive HMI System market space?
What are the market opportunities, market risk, and market overview of the Automotive HMI System market?
What are sales, revenue, and price analysis of top manufacturers of the Automotive HMI System market?
Who are the distributors, traders, and dealers of the Automotive HMI System market?
What are the market opportunities and threats faced by the vendors in the global Steerable Medical Devices Industry?
What are sales, revenue, and price analysis by types and applications of the Automotive HMI System Industry?
What are sales, revenue, and price analysis by regions of Automotive HMI System industry?
What are the driving factors contributing to market growth during the short, medium, and long term?

Browse Full Report @ 
https://straitsresearch.com/report/automotive-hmi-system-market

Even if your business is a multinational venture or a single storefront, we believe innovation is the key to progress, in both what you build and how you promote your products and brands.

Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/automotive-hmi-system-market/global/

So let's put our minds together. We'll make your vision a reality and help you grow.

For more details, please contact us -
Straits Research
Email: sales@straitsresearch.com
Address: 825 3rd Avenue, New York, NY 10022
Tel: +1 646 480 7505, +44 208 068 9665
Website: https://straitsresearch.com/

About Us:
Regardless of whether you're looking at business sectors in the next town or crosswise over continents, we understand the significance of being acquainted with what customers purchase. We overcome the issues of our customers by recognizing and deciphering just the target group, while simultaneously generating leads with the highest precision. We seek to collaborate with our customers to deliver a broad spectrum of results through a blend of market and business research approaches. This approach of using various research and analysis strategies enables us to determine greater insights by eliminating the research costs.

This release was published on openPR.