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

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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