Reports and Data has published a new report on global Automotive Human Machine Interface (HMI) market to offer comprehensive analysis of current and emerging market trends along with key developments in the industry to help user, reader and investors understand the market scenario precisely.
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Market Overview:
The Global Automotive Human Machine Interface (HMI) market was valued at USD 25.65 Billion in 2020 and is projected to grow at a CAGR of 7.9% to reach USD 47.71 Billion by 2028. Increasing demand for connected vehicles from the customers globally as well as the rising adoption of Automotive Human Machine Interface (HMI) by various OEMs are the major factors driving the growth of the Automotive Human Machine Interface (HMI) market. Another factor adding up to the growth of the market is the increasing demand for enhanced user experience and convenience features from customers globally. However, the high cost of the equipment of the HMI components used in the automobile is one of the factor restraining the growth of the market through the forecasted period. Another factor that can restrain the growth of the market is the lingering threat of a cyber-attack in the Automotive HMI components.
Competitive Landscape:
The global Automotive Human Machine Interface (HMI) market is extremely competitive and comprise various global and regional players. These market players are adopting various strategies such as mergers and acquisitions, collaborations, partnerships joint ventures, collaborations, and research and development investments to strengthen their market position and expand their product base. Some of the key companies operating in the global Automotive Human Machine Interface (HMI) market includeContinental AG (Germany), Luxoft Holding, Inc. (Switzerland), Aptiv PLC (Ireland), Synaptics Inc. (U.S.) Viseton Corp. (U.S.), Valeo S.A. (France), Harman International (U.S.), Clarion Co. Ltd. (Japan), Magneti Marelli SPA (Italy), Alpine Electronics Inc. (Japan), Altran Technologies (France), & Voicebox Technologies (U.S.)
Global Automotive Human Machine Interface (HMI) market segmentation:
Technology (Revenue, USD Million; 2018–2028)
Visual Interface
Acoustic Interface
Product (Revenue, USD Million; 2018–2028)
Voice Control Systems
Central Displays
Instrument Clusters
Steering Mounted Controls
Heads up Displays
Rear Seat Entertainment Displays
Multifunction Switches
Others
Access Type (Revenue, USD Million; 2018–2028)
Standard System
Multimodal System
Components (Revenue, USD Million; 2018–2028)
Indicators
Switches
Sensors
Camera
Displays
Controllers
MCU
Others
Functions (Revenue, USD Million; 2018–2028)
Display & Projection
Haptic enabled control
Infotainment
Gesture Control
Driver monitoring
Others
Vehicle (Revenue, USD Million; 2018–2028)
Passenger Vehicle
Mid-sized car
Sedan
Minivan
Convertible
Crossover
Hatchback
Others
Light Commercial Vehicle (LCV)
Compact
Utility Vehicle
Supermini
Light Truck
Others
Heavy Commercial Vehicle (HCV)
Mobile Truck
Limo
Recreational Vehicle
Towing Truck
Fire Trucks
Others
Propulsion (Revenue, USD Million; 2018–2028)
Electric
Battery Electric Vehicle
Fuel Cell Electric Vehicle
Hybrid Electric Vehicle
Plug-in Hybrid Electric Vehicle
Petrol
Diesel
Regional Outlook:
North America
S.
Canada
Mexico
Europe
Germany
Italy
K.
Rest of EU
Asia Pacific
India
China
Japan
South Korea
Rest of APAC
Latin America
Brazil
Argentina
Rest of Latin America
Middle East & Africa
Saudi Arabia
South Africa
A.E
Rest of MEA
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Key objectives of the report:
Details about revenue growth, market size, drivers, opportunities, constraints
Historical and forecast revenue of the key segments, products, applications and detailed analysis of the regions in the market
Production capacity, revenue, pricing structure, market share, and CAGR.
To offer insights about current market position, forecast estimation, competitive landscape and research and development activities
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