Automotive HMI Market Key Players Analyzed in Report are:
Denso Corporation (Japan), Alpine Electronics, Inc. (Japan), Synaptics Incorporated (the U.S), Clarion Co. Ltd. (Japan), Magneti Marelli S.p.A. (Italy), Delphi Automotive PLC (the U.K), and Continental AG (Germany). Robert Bosch (Germany), Valeo S.A. (France), Altran Technologies, SA (France), Visteon Corporation (the U.S.), Luxoft Holding, Inc. (Switzerland), and Voicebox Technologies (the U.S.) and others.
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The factors that are responsible for the growth of automotive HMI market are a growing demand in connected cars market, focus on improvement in technology among automotive manufacturers, and increasing sales of passenger and commercial vehicles. The growing demand for connected cars will result in increased demand of HMI in vehicles. The connected car is a standalone device that communicates and interacts with other devices. The use of HMI in the car will allow smooth interaction between the vehicle and its occupants. The user can access various controls in the vehicle through standard or multimodal HMI. The automotive manufacturers are moving towards the development of a technology that will result in a higher market share. The key trends in automotive HMI market are integration of smartphone with HMI, increased safety features, gesture and voice recognition for enhanced HMI, and its wide use in autonomous vehicles. The trend of automotive HMI will result in the growth of the market in future. Also, increased sales of passenger and commercial vehicle in emerging countries will result in higher demand for HMI in vehicles.
Market Segmentation:
The global automotive HMI market has been segmented on the basis of product, access type, vehicle type and technology.
Based on product, the global automotive HMI market has been segmented into voice control, central display, instrument cluster, HUD and others.
Based on access type, the automotive HMI market has been segmented into standard HMI and multimodal HMI. Based on technology, the automotive HMI market has been segmented into visual, acoustic and others. Based on vehicle type, the automotive HMI market has been segmented into passenger car and commercial vehicle.
Regional Analysis:
On the basis of region, the market is segmented into North America, Asia Pacific, Europe, and Rest of the World. Asia Pacific region is expected to account for largest market share due to increase demand of HMI in high-end vehicles. In Asia Pacific, countries such as China, and Japan are becoming manufacturing hubs for automakers due to the lower costs involved. Also, the increase disposable income will result increased sales of vehicles. This will result in growing demand for HMI in the vehicles. North America is expected to be the second largest market due to booming sales of luxury car segment. The increased sale of luxury cars will also result in higher installation of HMI in the car, leading to the growth of the market. In North America, U.S. is expected to dominate the market in future.
Table Of Contents:
1 Executive Summary
2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.2.1 Definition
2.2.2 Research Objective
2.2.3 Assumptions
2.2.4 Limitations
2.3 Research Proces
2.3.1 Primary Research
2.3.2 Secondary Research
2.4 Market Size Estimation
2.5 Forecast Model
3 Market Landscape
3.1 Porter’s Five Forces Analysis
3.1.1 Threat Of New Entrants
3.1.2 Bargaining Power Of Buyers
3.1.3 Threat Of Substitutes
3.1.4 Segment Rivalry
3.1.5 Bargaining Power Of Buyers
3.2 Value Chain/Supply Chain Analysis
4 Market Dynamics
4.1 Introduction
4.2 Market Drivers
4.3 Market Restraints
4.4 Market Opportunities
4.5 Market Trends
Continued…
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