$36.5 Billion Worldwide Automotive HMI Industry to 2027 - Featuring Marelli Holdings, Robert Bosch, Valeo and Visteon Among Others - ResearchAndMarkets.com
It involves display units, sensors, speech recognition solutions, advanced driver assistance systems (ADAS), steering-mounted controls, navigation touchscreens, and visual and acoustic interfaces.
The "Automotive HMI Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive HMI market reached a value of US$ 17.53 Billion in 2021. Looking forward, the publisher expects the market to reach a value of US$ 36.52 Billion by 2027, exhibiting a CAGR of 13.01% during 2021-2027.
Companies Mentioned
- Alps Electric Co. Ltd.
- Capgemini Engineering (Capgemini SE)
- Continental Aktiengesellschaft
- DENSO Corporation
- EAO AG
- Faurecia Clarion Electronics Co. Ltd. (Faurecia SE)
- Harman International Industries (Samsung Electronics Co. Ltd.)
- Luxoft (DXC Technology)
- Marelli Holdings Co. Ltd.
- Panasonic Holdings Corporation
- Robert Bosch GmbH (Robert Bosch Stiftung GmbH)
- Valeo
- Visteon Corporation
Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
The automotive human-machine interface (HMI) includes exclusive features, applications, and user interface that enables drivers and passengers to interact, engage and connect with the vehicle systems and linked components for controlling automobiles.
It involves display units, sensors, speech recognition solutions, advanced driver assistance systems (ADAS), steering-mounted controls, navigation touchscreens, and visual and acoustic interfaces. Automotive HMI offers better vehicle control, translates user input, and provides information regarding the surroundings.
Apart from this, the system is secure, easy to use, and customizable, due to which it is extensively installed in passenger and commercial vehicles. At present, it is commercially categorized based on varying functions and access types, including standard and multimodal HMI.
With the substantial expansion in the automotive industry, there has been an increasing demand for customized in-vehicle digital systems and autonomous automobiles to improve the driving experience. This, in turn, represents a prime factor driving the automotive HMI market growth.
In line with this, the introduction of a head-up display (HUD) with three-dimensional (3D) and two-dimensional (2D) graphics to visualize vehicle potential movement and provide information regarding speed limit is acting as another growth-inducing factor. Moreover, the large-scale integration of augmented reality (AR), artificial intelligence (AI), and various HMI technologies, including keyless entry, power seat controls, occupation detection, and voice recognition systems, are supporting the market growth.
Additionally, the rising instances of road accidents have further supplemented the widespread installation of automotive HMI in commercial and passenger vehicles to ensure safer driving, which is contributing to the market growth. Besides this, strategic collaborations amongst original equipment manufacturers (OEMs) to engineer new user experience/user interface (UX/UI) designs for enabling human-vehicle interactions are creating a positive outlook for the market.
Key Questions Answered in This Report:
- How has the global automotive HMI market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global automotive HMI market?
- What are the key regional markets?
- What is the breakup of the market based on the product?
- What is the breakup of the market based on the access type?
- What is the breakup of the market based on the technology?
- What is the breakup of the market based on the vehicle type?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global automotive HMI market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive HMI Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Product
7 Market Breakup by Access Type
8 Market Breakup by Technology
9 Market Breakup by Vehicle Type
10 Market Breakup by Region
11 SWOT Analysis
12 Value Chain Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
For more information about this report visit https://www.researchandmarkets.com/r/cy0qem
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