Press release
"Revolutionizing the Driving Experience : Automotive HMI Market Trends and Innovations"
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Central display to maintain its leadership status by 2025
Based on product type, central display accounted for more than two-fifth of the total market in 2017 and is expected to dominate during the forecast period. This is due to the integrated approach of displaying contents of infotainment systems and connected platforms. The head-up display segment is anticipated to grow at a CAGR of 12.8% throughout the period, thereby coming out as the fastest growing segment.
Visual Interface to dominate during the period
Based on technology, visual interface contributed to nearly four-fifth of the market in 2017 and will retain its top status all throughout 2018-2025. The integrated primary display systems and better visualization of data gathered through sensors and ADAS systems have spurred the growth.
๐๐ซ๐จ๐๐ฎ๐ซ๐ ๐๐จ๐ฆ๐ฉ๐ฅ๐๐ญ๐ ๐๐๐ฌ๐๐๐ซ๐๐ก ๐๐๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ : https://www.alliedmarketresearch.com/automotive-hmi-market/purchase-options
Asia-Pacific to contribute the major share by 2025
Based on region, Asia-Pacific held the major share in the market in terms of revenue in 2017, contributing more than one-fourth of the total share, owing to rise in ADAS and autonomous driving capability along with enhancement in vehicle interiors. North America is expected to grow at the highest CAGR of 11.9% throughout the tenure. Increase in sales of vehicles in the region along with rise in per-capita purchase power of people have acted as the prime reasons for high market share in the province.
Key market players
The key players analyzed in the report include Robert Bosch GmbH, Visteon Corporation, Alpine Electronics, Inc., Samsung Electronics Co. Ltd., Harman International Industries, Inc., Panasonic Corporation, Valeo, Clarion Co. Ltd., Continental AG, Nuance Communications Inc., and Nuance Communications, Inc. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry.
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Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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