Market Research Future published research report on “Global Automotive HMIs Market Research Report - Forecast to 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023. Global Automotive HMIs Market By Product (Voice Control, Central Display, Instrument Cluster, HUD, Others), Technology (Visual, Acoustic, Others), Access Type (Standard HMI, Multimodal HMI), Vehicle Types – Forecast till 2023.
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Global Automotive HMIs Market Highlights:
In terms of technology, facial recognition/ head movement segment accounted for the largest market share of 31.24% in 2016, with a market value of USD 1,123.9 million. The driver face monitoring system (facial expression) refers to a real-time system, which investigates the physical and mental conditions of the driver based on the processing of driver face images. Head movement is indication of awareness of the spatial relationship between the vehicle and surrounding traffic and obstacles. Gross head motion can easily be computed with simple frame differencing or flow computations. Therefore, the facial recognition/ head movement segment in the automotive driver state monitoring system market is estimated to expand at the highest CAGR of 10.60%.
On the basis of component type, the sensors segment is poised to expand at the fastest pace during the forecast period. The safety monitoring process involves a combination of attributes that are gathered from different sensors, which include video, electrocardiography, temperature, and a three-axis accelerometer, which are assigned as input variables to an inference analysis framework. Therefore, the sensors segment in the automotive driver state monitoring system market is estimated to expand at the highest CAGR of 10.66%.
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to account for largest market share due to increase demand of HMI in high-end vehicles. In Asia Pacific, countries such as China, and Japan are becoming manufacturing hubs for automakers due to the lower costs involved. Also, the increase disposable income will result increased sales of vehicles. This will result in growing demand for HMI in the vehicles. North America is expected to be the second largest market due to booming sales of luxury car segment. The increased sale of luxury cars will also result in higher installation of HMI in the car, leading to the growth of the market. In North America, U.S. is expected to dominate the market in future.
The report for Global Automotive HMI Market of Market Research Future comprises extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
LIST OF TABLES:
TABLE 1 GLOBAL AUTOMOTIVE HMIS MARKET, BY PILLAR TYPE, 2016-2023 (USD MILLION)
TABLE 2 AUTOMOTIVE HMIS GLOBAL MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION)
TABLE 3 AUTOMOTIVE HMIS GLOBAL MARKET, BY VEHICLE TYPE, 2016-2023 (USD MILLION)
LIST OF FIGURES
FIGURE 1 KEY BUYING CRITERIA OF AUTOMOTIVE HMISS
FIGURE 2 RESEARCH PROCESS OF MRFR
FIGURE 3 TOP DOWN & BOTTOM UP APPROACH
FIGURE 4 PORTER'S FIVE FORCES ANALYSIS OF AUTOMOTIVE HMIS GLOBAL MARKET
FIGURE 5 SUPPLY CHAIN AUTOMOTIVE HMIS GLOBAL MARKET
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