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.
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.
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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Scope of the Report:
This study provides an overview of the global automotive HMI market, tracking two market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia-Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the Global Automotive HMI market by its product, technology and region.
By Product
• Voice Control
• Central Display
• Instrument Cluster
• HUD
• Others
By Technology
• Visual
• Acoustic
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
Key Players:
The key players of automotive HMI market are 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.) and others.
For more news on Automotive HMI Market Visit:
https://www.reuters.com/brandfeatures/venture-capital/article?id=130691
https://www.reuters.com/brandfeatures/venture-capital/article?id=119110