About Automotive HMI
Automotive human machine interface (HMI), consist of multiple electronic systems which allow drivers to interact with their vehicle. An exponential increase in options and complexity and changing automotive ecosystem parameters, expand drivers’ human-machine experiences. In order to respond these challenges, In order to respond these challenges, automotive HMIs need to be much more fluid, contextual and relevant to consumer. Changing trends in consumer electronics, personal mobile devices and car technology is greatly influencing the Automotive Human-Machine Interface technology market.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 11.8% |
The companies are now exploring the market by adopting mergers & acquisitions, expansions, investments, new developments in existing products, and collaborations as their preferred strategies. The players are also exploring new geographies and industries through expansions and acquisitions so as to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Automotive HMI market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Continental AG (Germany), Delphi Automotive PLC (United Kingdom), Valeo S.A. (France), Synaptics Incorporated (United States), Clarion co. Ltd (Japan), Magneti Marelli S.P.A (Italy), Visteon Corp (United States), Harman International Industries Inc. (United States), Luxoft Holding, Inc (Switzerland), Altran Technologies SA (France), Alps Alpine Co. Ltd. (Japan) and Nuance Communications Inc. (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Automotive HMI market by Type (Voice Control Systems, Central Displays, Instrument Clusters, Steering Mounted Controls, Head-Up Displays (HUD), Rear Seat Entertainment (RSE) Displays and Other), Application (Passenger Vehicles and Commercial Vehicle) and Region.
On the basis of geography, the market of Automotive HMI has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Technology, the sub-segment i.e. Visual Interface will boost the Automotive HMI market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Access Type, the sub-segment i.e. Standard HMI System will boost the Automotive HMI market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Increasing Growth of connected vehicles Across the World
Market Growth Drivers:
The Growth in the Sales of Passenger Cars Worldwide, Rising Demand for Enhanced User Experience and Convenience Features and Surging Adoption by OEMs
Challenges:
Long Production Cycle of Automotive Vehicle and Distraction of Driver
Restraints:
High Cost of Advance HMI Systems, High Power Consumption and Increasing Cyber Security Threat
Opportunities:
Increasing Advent of Electric Vehicles in the Automotive Industry, Growth in mobility Services, Integration of Multiple Technologies such as Adaptive & Holistic HMI) and Increase in Demand for Autonomous Vehicles
Market Leaders and their expansionary development strategies
In October 2023, AUO Corporation announced that it has entered into a definitive agreement under which AUO will acquire 100% equity interest in the German company Behr-Hella Thermocontrol GmbH . Through the combination, AUO will be able to integrate resources from both platforms and generate significant synergies through future operations, underscoring AUO's commitment to its globalization and development strategy of cultivating a smart mobility ecosystem.
In October 2020, Mitsubishi Electric India, a major electronics and industrial automation manufacturer has launched a new Human Machine Interface (HMI) controller in India. Mitsubishi is calling it advanced Graphic Operation Controller, model name GOC43. Interestingly this device has been designed and developed in India by Mistubishi’s Factory Automation & Industrial Division at its’ R&D centre in Pune, Maharashtra. It will be completely manufactured in India.
Regulation (EC) No 661/2009 of the European Parliament and of the Council of 13 July 2009 concerning type-approval requirements for the general safety of motor vehicles, their trailers and systems, components and separate technical units intended.
Key Target Audience
Automotive HMI Manufacturers, HMI Service Providers, HMI Software Developers and Industry Experts
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.