Global Automotive HMI Market Share, Trends, Industry Analysis Report, Forecast to 2024
Extensive co-relation of the automotive HMI systems and the electronic devices & components used in vehicles which provide scaled economies are expected to prominently fuel the automotive HMI market. Moreover, shifting focus of automakers towards improvement of the privacy standards and environmental impacts will enhance the automotive HMI market growth landscape over the forecast timeframe.
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Original equipment manufacturers (OEMs) are increasingly investing in improvement of such technologies for increased consumer convenience. Growing adoption of these technologies and increasing government concerns for enhanced in-vehicle safety are projected to propel the overall automotive HMI market demand.
Trends that include advent of innovative display technologies which are highly adaptable, dynamic, and increased dashboard layout flexibility have gained significant consumer inclinations. Moreover, availability of haptic devices featured with advanced feedback channels, better consideration of human factors such as allotting priority task and distraction reduction with the innovative feature of speech inputs is anticipated to present potential growth opportunity over the forecast years.
Automakers are gaining higher inclinations towards holistic systems enhancement due to the growing adoption of these systems. For instance, in January 2016, Continental AG developed HMI system that operates in accordance to driver’s situation, environmental conditions and provides the drivers with a non-distracting and clear interface by using the Active Matrix Organic Light Emitting Diode (AMOLED) displays.
Based on technology, the automotive HMI market is bifurcated into visual and acoustic interfaces. Visual interface segment held the highest industry share in 2015, owing to the factors such as consumer electronics enhancements, incorporation of major interfaces into the systems and the preferences of consumers.
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.
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Key vendors in the Automotive HMI market include Continental AG, Delphi, Valeo, Alpine Electronics, Tata Elxsi, Visteon Corp., Altran Technologies, Voicebox Technologies, and Adient, Atmel Corporation.
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