Automotive Human Machine Interface (HMI) Solutions Global Market Report 2023: Rise in Mobility Services & Subscription Based Connected Car Services Spurs the Importance of HMI

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Mar 14, 2023, 19:30 ET

DUBLIN, March 14, 2023 /PRNewswire/ -- The "Automotive Human Machine Interface (HMI) Solutions: Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Automotive Human Machine Interface (HMI) Solutions Market to Reach $93 Billion by 2030

In the changed post COVID-19 business landscape, the global market for Automotive Human Machine Interface (HMI) Solutions estimated at US$30.7 Billion in the year 2022, is projected to reach a revised size of US$93 Billion by 2030, growing at a CAGR of 14.9% over the analysis period 2022-2030. Standard HMI, one of the segments analyzed in the report, is projected to record 14.2% CAGR and reach US$56.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Multimodal HMI segment is readjusted to a revised 16.1% CAGR for the next 8-year period.

The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 19.7% CAGR

The Automotive Human Machine Interface (HMI) Solutions market in the U.S. is estimated at US$8.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21.6 Billion by the year 2030 trailing a CAGR of 19.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 13.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% CAGR.

Select Competitors (Total 52 Featured) -

ALPS ELECTRIC Co., LTD.
Altran UK
Atmel Corporation
Continental AG
Cypress Semiconductor Corporation
DENSO Corporation
EAO AG
Elektrobit Automotive GmbH
Faurecia
Luxoft
Magneti Marelli S.p.A
Nippon Seiki Co., Ltd
Nuance Communications Inc.
Panasonic Corp.
Rightware Corporation
Robert Bosch GmbH
Synaptics Inc.
Tata Elxsi Limited
Texas Instruments Inc.
Valeo
Visteon Corporation
VoiceBox Technologies, Inc.

What`s New for 2023?

Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
Global competitiveness and key competitor percentage market shares
Market presence across multiple geographies - Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and Research Platform
Complimentary updates for one year

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

Influencer Market Insights
World Market Trajectories
Impact of Covid-19 and a Looming Global Recession
Recent Market Activity
With the Automotive Industry at a Turning Point, HMI Becomes Pivotal to the Emerging Autonomous, Shared, Connected & Electric Future of Urban Mobility
As In-Vehicle Connectivity & the Resulting Information Overload Floods the Car, Driver Focused HMI Emerges into the Cornerstone of Growth
Electronification & Digitalization of the Car Throws the Emphasis on Providing Rich HMI Experiences
Smarter, Safer Interfaces Remain at the Core of the Connected Car Trend
Holistic HMI: Vital in Building Consumer Confidence & Acceptance of Electric Vehicles

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

Rise in Mobility Services & Subscription Based Connected Car Services Spurs the Importance of HMI
Innovative Fusion of Infotainment with Telematics, ADAS, Navigation, ITS and Connected Vehicle Functions Drives Up the Importance & Value of HMI Systems
The Emergence of Autonomous Cars Paves the Way for the Development of Next Generation HMI Technologies
Artificial Intelligence (AI) Makes its Much Awaited Debut as the Future of Automotive HMI
Automotive Assistant with Cognitive Arbitration Capabilities Soon to Become a Reality
A Peek Into Other Noteworthy Trends
Rise in Semiconductor Content Per Car & a Parallel Rise in Distracted Driving Spurs Opportunities for Intuitive HMI Solutions
Distracted Driving: The Bane of Mobile Technology Proliferation & An Opportunity for Intelligent Hands-Free HMI Architecture
Reduced Driver Distraction Tops Design Goals of HMI
The Risks Posed by Current Generation Touchscreens Throws the Spotlight on Touchless HMI
Voice Recognition as the Most Basic Form of Touchless Sensing Attracts Flake for Unsuitability in Automobile Applications
Gesture-Based Control of In-Car Devices Rises in Prominence
Touch Screen HMIs: Still the Dominant Technology in the Automotive Industry
Multimodal HMI: The Current Reigning Technology Crowned as the Future of In-Car Interaction
Augmented Reality Makes Inroads into the Automotive HMI Market With the Next Generation Automotive Grade Heads-Up Displays
Effervescent Innovation Reinvents the Steering Wheel
HMI 2.0 & HTML5 Based In-Vehicle HMI Garner Strong Research Interest
Vehicle Production Gains in China to Drive Growth in the Asian Market: The Foundation for Macro Market Optimism
Expanding Middle Class Population in Developing Countries to Drive Broad Based Growth in the Market
Market Challenges
Market Outlook

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

A selection of companies mentioned in this report includes

ALPS ELECTRIC Co., LTD.
Altran UK
Atmel Corporation
Continental AG
Cypress Semiconductor Corporation
DENSO Corporation
EAO AG
Elektrobit Automotive GmbH
Faurecia
Luxoft
Magneti Marelli S.p.A
Nippon Seiki Co., Ltd
Nuance Communications Inc.
Panasonic Corp.
Rightware Corporation
Robert Bosch GmbH
Synaptics Inc.
Tata Elxsi Limited
Texas Instruments Inc.
Valeo
Visteon Corporation
VoiceBox Technologies, Inc.

For more information about this report visit https://www.researchandmarkets.com/r/rrhicb

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