Automotive human machine interface market size is predicted to see lucrative gains over 2021-2024
Category: #business  By Ronak Bora  Date: 2021-12-08
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Automotive human machine interface market size is predicted to see lucrative gains over 2021-2024

Global automotive human machine interface market is growing on the back of towering consumer demand for latest vehicle infotainment systems and automotive manufacturers focusing on technology improvement. Exponentially augmenting demand for luxury cars, improved safety, and rising emphasis on driver comfort are further propelling automotive human machine interface industry trends.

Number of infotainment features has multiplied in last few years driven by advancements in consumer electronics and other interrelated technologies. In addition, fast-track penetration of smartphones & cloud-based platforms have further supported automotive human machine interface market growth by facilitating seamless transmission of information.

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Substantial investment towards developing advanced in-car infotainment solutions and increasing adoption of contemporary technologies such as Artificial Intelligence (AI) are likely to further intensify automotive HMI market trends.

Automotive OEMs are emphasizing on increasing the safety and comfort quotient in passenger cars, which is fueling automotive human machine interface market trends. Due to increased consumer demand for premium cars equipped with high-end multi-media devices, OEMs are progressively incorporating HMI systems within passenger cars. Automotive HMI market share from passenger car will procure almost 75% of global share by 2024.

Head-up Display (HUDs) systems have attained remarkable traction in automotive HMI space as these systems help to reduce driver distraction by displaying navigation information and warning signals directly in the driver's line of sight. HUD systems are finding widespread deployment across passenger as well as commercial vehicles. As per estimates, HUD segment is likely to exhibit the fastest CAGR of 21% over 2018-2024.

Rise in in-car engagement options subject drivers to accidents, which has fueled the demand for multimodal HMI. Multimodal interface access is gaining widespread traction as these systems not only allow users to use more than one mode at a time, but also seamlessly switch from one interaction mode to another, thereby serving as an excellent means to reduce driver distraction. Moreover, multimodal systems are capable of recognizing inputs from human voice, touch, gesture, and vision. Automotive OEMs are progressively substituting traditional controls with modern multimodal systems such as gesture control, touch screen, haptic feedback, voice control, and others. Multimodal interface access segment is anticipated to exhibit the highest CAGR of around 20% over 2018-2024 and procure 55% of global share by 2024.

North America region has witnessed noteworthy proliferation of connected and autonomous cars in recent years, which is favoring automotive human machine interface market trends in the region. Given the affinity of regional automakers towards latest technologies, OEMs are incorporating next-gen technologies to improve infotainment & communication experiences in vehicle. Moreover, vendors in the automotive HMI space are focused on introducing new technology enabled platforms and are investing heavily on the same. North America automotive HMI market is likely to procure a market share of more than 20% by 2024.

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Partial Chapter of the Table of Content

Chapter 6.   Automotive Human Machine Interface Market, By Interface Type

6.1.  Key trends, by interface type

6.2.  Visual

6.2.1. Visual interface market estimates and forecast, 2013-2024

6.3.  Acoustic

6.3.1. Acoustic interface market estimates and forecast, 2013-2024

6.4.  Mechanical

6.4.1. Mechanical interface market estimates and forecast, 2013-2024

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

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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