The automotive human machine interface market is set to grow from its current market value of more than USD 11 billion to over USD 27 billion. Automotive human-machine interface market has lately emerged as one of the massive revenue generating spheres in the automotive sector with the shifting trends toward the adoption of smart vehicles. Traditionally, pertaining to the lack of advanced infotainment and digitalized internal car design, drivers had been unable to operate the vehicle efficiently.

However, with the advent of new technology trends, the overall design structure of automobiles has changed considerably, paving the way for integrated human-machine interface in vehicles. The development of connected cars for decreasing the chances of accidents and enhancing the operability of vehicles has also helped propel automotive human machine interface market share.

Get sample copy of this research report @   https://www.decresearch.com/request-sample/detail/1370

With such next-generation technologies, it comes as no surprise that the HMI platform in the automotive industry is gaining phenomenal traction as it is enabling vehicle-to-vehicle communication, while aiding the manufactures in providing wide array of services such as on-board media streaming, personal assistant, and predictive maintenance services.

The global automotive human machine interface market is further expected to garner hefty proceeds, given the increasing interest of automakers in integrating their models with safer, more attractive, and entertaining features. It has been witnessed that the core industry players are in fact gearing up their production capabilities as the demand for smart navigation, self-driving features, and telematics technologies are further taking the automotive production by storm.

Speaking beyond the conventional vehicular systems, the increasing popularity of autonomous vehicles will have a notable influence on the automotive HMI market trends over the years ahead. Focusing on the shifting trends toward the growing adoption of autonomous vehicles across the globe, companies involved in the development of human-machine interfaces have been developing innovative software packages. For instance, a few days before, leading supplier of advanced semiconductor solutions, Renesas Electronics Corporation has introduced a new microprocessor unit to accelerate and simplify the development of modernized HMI and camera-based applications.

The newly developed software interface can be used for operating video surveillance systems, fingerprint access control, information communication technology applications that have been deployed in automobiles. The growing popularity of HMI for managing vehicular systems in a highly sophisticated way is poised to stimulate the future product demand.

As of now, motorcycle manufacturers have also been integrating HMI technology in the vehicle for improving performance, driving experience, and safety. Few weeks before, the British electric motorbike manufacturer had launched a fully electric motorcycle with human-machine interface. The evolution of e-bikes for promoting high performance and energy security is poised to have a considerable impact on the demand for HMI. In addition, considering the future energy benefits and depleting fossil fuel resources, most of the regional governments have been implementing a supportive regulatory framework to enhance the deployment of e-vehicles that also will fuel the product demand.

Such product innovation and capacity expansion trends promise to be one of the most prominent drivers impelling the commercialization potential of global automotive HMI market. A report by Global Market Insights, Inc., further throws light on the growth graph of automotive human machine interface market and further forecasts the global valuation to surpass USD 27 billion by 2024, with an estimated CAGR of 12% over 2018-2024. The report also highlights that, in terms of vehicles, passenger vehicle segment will be the most lucrative investment ground as it is estimated to account for 80% of the global automotive HMI industry share by 2024.

Get This Report Customized To Your Requirements @ https://www.decresearch.com/roc/1370

Some Point from Table of Contents:

Chapter 7.   Automotive Human Machine Interface Market, By Vehicle Type

7.1.  Key trends, by vehicle type

7.2.  Passenger vehicle

7.2.1. Passenger vehicle market estimates and forecast, 2013-2024

7.2.2. Passenger vehicle market estimates and forecast, by product, 2013-2024

7.3.  Commercial vehicle

7.3.1. Commercial vehicle market estimates and forecast, 2013-2024

7.3.2. Commercial vehicle market estimates and forecast, by product, 2013-2024

Chapter 8.   Automotive Human Machine Interface Market, By Access Type

8.1.  Key trends, by access type

8.2.  Standard interface

8.2.1. Standard interface market estimates and forecast, 2013-2024

8.3.  Multimodal interface

8.3.1. Multimodal interface market estimates and forecast, 2013-2024

Browse complete Table of Contents (ToC) of this research report @

https://www.decresearch.com/toc/detail/automotive-hmi-market