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Automotive HMI Market is expected to grow over the CAGR of around 8.5% by 2022

03-22-2017 03:26 PM CET | IT, New Media & Software

Press release from: Market Research Future

Automotive HMI Market is expected to grow over the CAGR of around

Market Highlights:

The global automotive HMI market is majorly driven by the enhanced user experience and availability of greater comfort features in the automotive. The increased penetration of tourist automobiles is also leading to the growth of the market. The ability of HMI to provide voice notifications, visuals and alerts for functions such as internet, GPS navigation and information also contributes to the growth of the market. Automotive HMI are usually preferred in vehicles for long distance travelling.

Automotive HMI market is expected to grow over the CAGR of around 8.5% during the period 2016 to 2022

Major Key Players

• Continental AG (Germany),
• Luxoft Holding, Inc. (Switzerland),
• Delphi Automotive PLC (U.K),
• Valeo S.A. (France),
• Synaptics Incorporated (U.S),
• Clarion Co. Ltd (Japan),
• Magneti Marelli S.p.A. (Italy),
• Alpine Electronics Inc. (Japan),
• Altran Technologies SA (France),
• Visteon Corporation (U.S.)

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The global automotive HMI (Human Machine Interface) market is majorly driven by the continuous efforts undertaken for the establishment of new standards for in-vehicle safety with the objective of avoiding accidents caused by the lack of coordination between vehicle systems and drivers that leads to poor response of the drivers. The rapid changes in legislation towards safety environment are fueling the growth of global automotive HMI market. Continuous urbanization in developing nations is driving the demand for smart cars. Rapid urbanization, increasing income, digitalization, changing life style and population growth are the key drivers for the growth of the automotive HMI market.

The report has been analyzed based on products, technologies and regions. Among all technologies, the visual interface technology is expected to grow rapidly owing to rapid innovations in the consumer electronic system and the integration of a major interface with the display systems. The inclination of consumers towards adoption of high end automobiles with advanced features is also driving the growth of automotive HMI market. Among all products, the instrument cluster market is expected to grow rapidly, owing to the increasing demand for automobiles with premium features, from automobile users all over the globe. Among all products of global automotive HMI market, the central displays is expected to gain traction over the forecast period.

Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global Automotive HMI market Information from 2016 to 2022"

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Market Research Analysis
Among all technologies of the global automotive HMI market, Acoustic interface technology is expected to grow significantly. The growth of this market can be attributed to the rising trend in communication between the vehicle and the driver, through an audio platform. For instance, the access to entertainment and navigation features using voice command is facilitated by the use of automotive HMI technology.

Regional Analysis

North America region is dominating the market for automotive HMI, having the most advanced automotive industry in the region. Major original equipment manufacturers (OEMs) in the region such as Ford Motors, General Motors and others are also contributing to the growth of the market. The automotive HMI market in the Asia-Pacific region is growing, owing to increase in disposable income in developing nations such as India and China and the rapid adoption of automobiles. The rising demand for premium features along with the comfort features in the automotive industry is driving the growth of the market in the region.

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Brief TOC
LIST OF TABLES
TABLE 1 GLOBAL AUTOMOTIVE HMI MARKET, BY PRODUCT
TABLE 2 GLOBAL AUTOMOTIVE HMI MARKET, BY TECHNOLOGY
TABLE 3 GLOBAL AUTOMOTIVE HMI MARKET, BY REGIONS
TABLE 4 NORTH AMERICA AUTOMOTIVE HMI MARKET, BY COUNTRY
TABLE 5 NORTH AMERICA AUTOMOTIVE HMI MARKET, BY PRODUCT
TABLE 6 NORTH AMERICA AUTOMOTIVE HMI MARKET, BY TECHNOLOGY
TABLE 7 U.S. AUTOMOTIVE HMI MARKET, BY PRODUCT
TABLE 8 U.S. AUTOMOTIVE HMI MARKET, BY TECHNOLOGY
TABLE 9 CANADA AUTOMOTIVE HMI MARKET, BY PRODUCT
LIST OF FIGURES
FIGURE 1 RESEARCH TYPE
FIGURE 2 GLOBAL AUTOMOTIVE HMI MARKET: BY PRODUCT (%)
FIGURE 3 GLOBAL AUTOMOTIVE HMI MARKET: BY TECHNOLOGY (%)
FIGURE 4 GLOBAL AUTOMOTIVE HMI MARKET: BY REGION
FIGURE 5 NORTH AMERICA AUTOMOTIVE HMI MARKET, BY PRODUCT (%)
FIGURE 6 NORTH AMERICA AUTOMOTIVE HMI MARKET, BY TECHNOLOGY (%)
FIGURE 7 EUROPE AUTOMOTIVE HMI MARKET, BY PRODUCT (%)
Continued…

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About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:
Akash Anand,
Market Research Future
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com

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