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

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 Russi-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

• 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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