Automotive Human Machine Interface Market Future Scope, Demands and Projected Industry Growths to 2024
Category: #reports  By Deepak Pardhi  Date: 2019-01-15
  • share
  • Twitter
  • Facebook
  • LinkedIn

Automotive Human Machine Interface Market Future Scope, Demands and Projected Industry Growths to 2024

Market Study Report adds 2024 Global Automotive Human Machine Interface (HMI) market research of 230 pages supported with 300 data tables and 28 figures profiling 20 leading Automotive Human Machine Interface (HMI) industry companies. The research offers forecasts to 2024 for growing demand for smart vehicles that have integrated infotainment systems, which provide a combination of information and entertainment for an enhanced user experience.

North America is projected to hold a market share of about 20% in 2024 due to an increase in the number of several connected vehicles that are equipped with smart interfaces and advanced technology platforms to improve the overall driving experience. Several benefits including driver assistance and smart traffic control associated with the use of IoT platforms in vehicles will drive the demand for HMI systems. The demand for automotive HMI is expected to increase over the forecast timeline as a majority of the vendors in this region are introducing new technology-enabled platforms for the vehicles to enhance the inter & intra-vehicular communication.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/1294869/  

The data in this Automotive Human Machine Interface (HMI) market research is collated via multiple channels including but not limited to primary and secondary sources, databases, business specific references and others.  The study aims to offer not only commercial data but also includes analysis of important factors, technical as well as market-oriented insights. Players in the Automotive Human Machine Interface (HMI) market including established companies, new entrants and everyone in between this industry chain covering suppliers, experts, manufacturers, service providers, traders, distributors, consumers / clients and others may find value in this research. Companies profiled include Alpine Electronics, Altran Technologies, SA, Bosch Mobility Solutions, Clarion Co., Ltd, Continental AG, Denso Corporation, EAO AG, Harman International, Johnson Controls International plc, Luxoft Holdings, Mitsubishi Electric Corporation, Nuance Communications, Inc, Panasonic Corporation, Synaptics Incorporated, Valeo, Yazaki Corporation.

Automotive HMI Market is projected to surpass USD 27 billion by 2024. HMI systems allow real-time human-to-machine or machine-to-machine interaction to enable the vehicle operators to collect information about the status and performance of the vehicle. These systems are being deployed increasingly to enhance every aspect of the in-car experience by improving safety, remote diagnostics, and speech assistance.

The factors driving the automotive HMI market growth include the growing demand for smart vehicles that have integrated infotainment systems, which provide a combination of information and entertainment for an enhanced user experience. The widespread use of Advanced Driving Assistance Systems (ADAS) to enable better fleet management and ensure vehicle and driver safety will also propel the automotive HMI market growth. Another factor augmenting the market growth is the shifting consumer trends toward luxury cars due to a rise in the disposable income. 

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/1294869/

The integration of smartphones with the infotainment systems of vehicles has also increased the demand for multi-modal in-car interfaces. The automakers are using app integration by implementing various in-vehicle platforms, which allow users to simultaneously use music, messaging, and navigation software. This will fuel the growth of the automotive HMI market.

The competition in the automotive HMI market is expected to intensify over the forecast timeline. The market growth is driven by huge investments made by government agencies, automakers, and tech giants in the emerging automotive technologies. The global automakers are expanding their line up by opening new production facilities. They are also entering into strategic partnerships and agreements to develop the next-generation in-car infotainment solutions. Increasing investments by the automakers in Artificial Intelligence (AI) and cloud technology further contribute to the growth of the market.

As per the access type, the multimodal interface segment is expected to witness the highest growth with a CAGR of around 20% throughout the forecast timeline. These systems allow users to use more than one mode such as speech, haptic interaction, and visuals at a time to interact with the system, reducing driver distraction. The increasing demand for safety and comfort features in the cars will foster the automotive HMI market growth.

Table of Content:

Chapter 1.   Methodology & Scope

Chapter 2.   Executive Summary

Chapter 3.   Automotive HMI Industry Insights

Chapter 4.   Competitive Landscape, 2017

Chapter 5.   Automotive HMI Market, By Product

Chapter 6.   Automotive HMI Market, By Interface Type

Chapter 7.   Automotive HMI Market, By Vehicle Type

Chapter 8.   Automotive HMI market, By Access Type

Chapter 9.   Automotive HMI market, By Region

Chapter 10. Company Profiles

For More Details about this report: https://www.marketstudyreport.com/reports/automotive-human-machine-interface-hmi-market

About Us:

Marketstudyreport.com allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

Contact Us:

Market Study Report LLC

4 North Main Street,

Selbyville, Delaware 19975

USA

Phone: 1-302-273-0910

US Toll Free: 1-866-764-2150

Email: [email protected]

Website: https://www.marketstudyreport.com

Blog: https://www.marketstudyreport.com/blog



About Author

Deepak Pardhi

Email: [email protected]   

Deepak Pardhi

Deepak Pardhi carries a brief yet notable experience in the digital marketing domain having worked on several projects across a range of niche verticals. Deepak is endorsed with a B.Tech degree in electrical & electronics engineering.

...

Read More

More News By Deepak Pardhi

Data Quality Software Market Size Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2025
Data Quality Software Market Size Analysis, Trends, Top Manufacturers, Share, Growth, Statistics, Opportunities and Forecast to 2025
By Deepak Pardhi

Global Data Quality Software Market Report to 2024 offers industry overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distr...

Content Delivery Network (CDN) Security Software Market Size |Incredible Possibilities and Growth Analysis and Forecast To 2025
Content Delivery Network (CDN) Security Software Market Size |Incredible Possibilities and Growth Analysis and Forecast To 2025
By Deepak Pardhi

The Global Content Delivery Network (CDN) Security Software Market 2019-2024 Renders deep perception of the Market Segment by Regions, market status of the Content Delivery Network (CDN) Security Software on a global level that primarily aims the ...

Indoor Location Software Market Size : Industry Growth Factors, Applications, Regional Analysis, Key Players and Forecasts by 2025
Indoor Location Software Market Size : Industry Growth Factors, Applications, Regional Analysis, Key Players and Forecasts by 2025
By Deepak Pardhi

The Global Indoor Location Software Market Report includes a comprehensive analysis of the present industry status offering basic Indoor Location Software overview and then goes into each and every detail.

This research report delivers a col...