Global Automotive HMI Market with a CAGR of 11.75% Latest Trends and Forecast Analysis Up to 2026 with Top Key Players

An expert team conducts systematic, object-oriented and complete market research study to present the facts associated with any subject in the field of marketing via this Global Automotive HMI Market report. The report offers you complete market analysis and forecasting, market definition, market drivers and market restraints, market share, market segmentation and analysis of key players in the market. The competitive landscape section of the Global Automotive HMI Market report brings into light a clear insight about the market share analysis of major industry players. Key players in the market, major collaborations, merger and acquisitions along with trending innovation and business policies are reviewed in this Global Automotive HMI Market market report.

Global Automotive HMI Market is expected to rise from its initial estimated value of USD 20.05 billion in 2018 to an estimated value of USD 48.76 billion by 2026, registering a CAGR of 11.75% in the forecast period of 2019-2026. This rise in market value can be attributed to the rising levels of adoption by original equipment manufacturers and growth in connected vehicles.

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Automotive HMI (human machine interface) can be defined as a software or machine interface for automobiles and vehicles that allows the user of the software for the control of the vehicle and the connected components/sensors. These software or technology are installed in the vehicle so that the user can be equipped with an ease of comfort.

Market Drivers:

  • Rising levels of disposable income increasing the preference of ease of use and rising consumer enriching experiences is expected to drive the market growth
  • Growing levels of adoption by the original equipment manufacturers is expected to drive the market growth

Market Restraints:

  • High levels of cost for HMI systems is expected to restrain the market growth
  • Risks related to hacking and increase in vulnerable nature of vehicles against cyber security attacks is also expected to restrain the market growth

Competitive Analysis: Global Automotive HMI Market

Global automotive HMI market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of automotive HMI market for global, Europe, North America, Asia Pacific, South America and Middle East & Africa.

Key Market Competitors: Global Automotive HMI Market 

Few of the major competitors currently working in the automotive HMI market are Continental AG, Delphi Technologies, Valeo, Synaptics Incorporated, Clarion, Magneti Marelli S.p.A., Visteon Corporation, LUXOFT, ALTRAN, HARMAN International, Alpine Electronics Inc., Nuance Communications Inc., EAO AG, DENSO CORPORATION, Socionext Inc., Tata Elxsi, YAZAKI Corporation, Robert Bosch GmbH, Panasonic Corporation, Texas Instruments Incorporated, and Airbiquity Inc.

Table of Content:

01: Executive Summary

02: Scope of The Report

03: Market Landscape

04: Market Sizing

05: Market Segmentation by Product

06: Five Forces Analysis

07: Customer Landscape

08: Geographic Landscape

09: Decision Framework

10: Drivers and Challenges

11: Market Trends

12: Vendor Landscape

13: Vendor Analysis

Table of Contents Available For this Market Download Free TOC :

Segmentation: Global Automotive HMI Market

  • By Technology
    • Visual Interface
    • Acoustic Interface
    • Others
  • By Product
    • Voice Control Systems
    • Central Displays
    • Instrument Clusters
    • Steering Mounted Controls
    • Head-Up Display (HUD)
    • Rear Seat Entertainment (RSE)
    • Multifunction Switches
  • By Access Type
    • Standard HMI
    • Multimodal HMI
    • By End-Market
    • Economic Passenger Cars
    • Mid-Price Passenger Cars
    • Luxury Passenger Cars
  • By Function Type
    • Primary HMI
    • Secondary HMI
  • By Geography
    • North America
    • South America
    • Europe
    • Asia-Pacific
    • Middle East & Africa

Key Developments in the Market:

  • In November 2016, Delphi Technologies in collaboration with Intel and Mobileye announced that they would develop self-driving autonomous cars solutions. This collaboration was aimed at developing self-driving software and sensor components for the vehicles.
  • In September 2016, Continental AG announced the launch of ProViu Detect which is expected to help commercial vehicles in making a right turn as the sensors and cameras involved with the system inform the driver of any oncoming traffic and any risk of collision.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved

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About Data Bridge Market Research 14413 Articles
Hi, I am Ravi Kumar, a Blogger, Freelancer, SEO Consultant, an Internet Marketer, I am a research analyst who loves to evaluate data relating to Manufacturing industry, Management of companies and enterprises, Finance and insurance, Wholesale trade, Management, scientific, and technical consulting services

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