The global automotive HMI (Human Machine Interface) market is projected to reach $28.4 billion by 2026, at a CAGR of 10.5% during 2021-2026. The growth of automotive HMI (Human Machine Interface) market is driven by increasing consumer demand for in-vehicle safety features, OEM efforts to lead in the adoption of connected and autonomous vehicles, and strong recovery in automotive production.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the automotive HMI (Human Machine
Interface) market by product (central display, voice control system, and
steering mounted control, instrument cluster, head-up display (HUD), rear seat
entertainment (RSE), and multifunction switch), end use (passenger cars, light
commercial vehicles, and electric vehicles), technology (visual interface,
acoustic Interface, and others), access type (standard HMI, and multimodal
HMI), function type (primary HMI, and secondary HMI?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the automotive HMI (Human Machine Interface) market?
Q.4 What are some
changing demands of customers in the automotive HMI (Human Machine Interface) market?
Q.5 What are the new
developments in the automotive HMI (Human Machine Interface) market? Which
companies are leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this automotive HMI (Human Machine
Interface) area and how big of a threat do they pose for loss of market share
via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this automotive HMI (Human Machine
Interface) market?
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Market Segmentation:
Based on product, the
automotive HMI (Human Machine Interface) market is segmented into central
display, voice control system, and steering mounted control, instrument
cluster, head-up display (HUD), rear seat entertainment (RSE), and
multifunction switch. The central display segment is accounted for the largest
share of the market in 2020 due to continuous innovation in display
technologies, followed by reduced cost of automotive displays.
Asia Pacific is expected
to be the largest region and it is also expected to witness the highest growth
over the forecast period.
Key Players in the automotive
HMI (Human Machine Interface) market are Continental AG, Visteon Corporation,
Robert Bosch, and Valeo.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their position
in the business.
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Lucintel
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Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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