Human-Machine Interface (HMI) in Cars Reshaping Automotive Future by Expanding Scope of Personalization
Advancements in human-machine interface (HMI) workflows are modernizing automotive systems. Automobile manufacturers are leveraging the sophistication of HMIs to boost safety and comfort of drivers, paving way for new in-vehicle experiences. The growing popularity of smartphone centric infotainment systems have helped companies to gain revenues in the automotive human-machine interface market.
Continuous focus by automotive manufacturers to leverage new UX/UI designs have enabled them accomplish new levels of human-vehicle interactions. Subsequently, the incorporation of new functionalities in-car software in modern automobiles is accelerating the development of autonomous cars, thereby expanding the possibilities in the automotive human-machine interface (HMI) market. Automotive manufacturers are integrating these with 2D and 3D graphics to boost comfort and precision for the drivers.
The growing trend of personalised in-vehicle digital systems has extended the horizon for the sales prospects of HMIs among customers in the automobile and automotive sector. Strides made in advanced driver assistance systems (ADAS) have paved way to new avenues for expansion of opportunities in the automotive human-machine interface (HMI) market. A study by TMR projects the global automotive human-machine interface market to clock CAGR of approximately 6% from 2021 to 2031. In 2020, the valuation was pegged at more than US$ 16.3 Bn.
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Based on product types, the TMR study scrutinizes the growth opportunities in infotainment system, instrument cluster, head-up display, steering wheel, and window/door control. The various key interfaces businesses in the automotive human-machine interface (HMI) market are exploring for generating revenues are voice command, face detection, gesture recognition, and mechanical.
Advancements in UI/UX Solutions for Comfort and Safety of Drivers to Bolster Revenue Generation
Automotive connectivity solution providers are reaping large revenue gains from advancements in speech and gesture recognition technologies, enriching the automotive human-machine interface (HMI) market landscape. In recent months after the COVID-19 outbreaks in several countries around the world, manufacturers have been increasingly tapping into lucrative revenue gains by unveiling touchless HMI systems. New UX solutions for multimodal experience are expanding the commercialization avenue for new products in the market.
Get More Press Releases by TMR: https://www.globenewswire.com/news-release/2022/02/28/2392795/0/en/Automotive-Speaker-Market-to-Expand-Due-to-Surge-in-Demand-for-Advanced-Entertainment-Options-whilst-Driving-States-TMR-Study.html
Of the various product types, infotainment systems accounted for the major share of the global automotive human-machine interface (HMI) market in 2020. The segment is viewed as highly lucrative during the forecast period (2021 – 2031). This is likely to spur the popularity of heads up display (HUD) displays. Based on product type, voice commands are expected to generate massive lucrative opportunities to players in the near future. Technology companies notably Apple and Google have expanded the array of voice commands solutions to automotive companies which enable the latter to reinforce comfort and convenience features. Stridently, evolving connectivity trends in modern, luxury vehicles are underpinning profitable avenues. A case in point is OTA updates and incorporation of vehicle-to-everything (V2X) trends.
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Industry OVERVIEW OF Automotive Human Machine Interface (HMI) MARKET 2020 TO 2026:The market intelligence report on the Global Automotive Human Machine Interface (HMI) Market offers accurate insights into the industry relating to the leading segments, product types, applications, and the leading geographic regions studied in this report, along with the market value, capacity, production, consumption, gross revenue, market dynamics, and forecast until the year 2026.
The Global Automotive Human Machine Interface (HMI) Market is expected to deliver a steady growth rate in the forecast duration from 2020 to 2026.
Fill in your details to get your hands on an Exclusive Sample of this Report @https://www.reportsanddata.com/sample-enquiry-form/2259In market segmentation by manufacturers, the report covers the following companies-Continental AG (Germany), Luxoft Holding, Inc. (Switzerland), Aptiv PLC (Ireland), Synaptics Inc. (U.S.) Viseton Corp. (U.S.), Valeo S.A. (France), Harman International (U.S.), Clarion Co. Ltd. (Japan), Magneti Marelli SPA (Italy), Alpine Electronics Inc. (Japan), Altran Technologies (France), & Voicebox Technologies (U.S.)Furthermore, the research report projects the changes in the supply-demand dynamics, market value, market competition, leading market players, and market estimations from 2020 to 2026.
The report has been created after analyzing its essential information in the overall Global Automotive Human Machine Interface (HMI) market 2020, the vital market aspects influencing the market growth in the coming years.
Our team of expert analysts has scrutinized the Automotive Human Machine Interface (HMI) market report by referring to the data provided by leading companies.In market segmentation of Automotive Human Machine Interface (HMI), the report covers-Technology (Revenue, USD Million; 2016–2026)Visual InterfaceAcoustic InterfaceProduct (Revenue, USD Million; 2016–2026)Voice Control SystemsCentral DisplaysInstrument ClustersSteering Mounted ControlsHeads up DisplaysRear Seat Entertainment DisplaysMultifunction SwitchesOthersAccess Type (Revenue, USD Million; 2016–2026)Standard SystemMultimodal SystemComponents (Revenue, USD Million; 2016–2026)IndicatorsSwitchesSensorsCameraDisplaysControllersMCUOthersFunctions (Revenue, USD Million; 2016–2026)Display & ProjectionHaptic enabled controlInfotainmentGesture ControlDriver monitoringOthersVehicle (Revenue, USD Million; 2016–2026)Passenger VehicleLight Commercial Vehicle (LCV)Heavy Commercial Vehicle (HCV)Propulsion (Revenue, USD Million; 2016–2026)ElectricPetrolDiesel Do you have questions about the Report or want to inquire about a Discount?
Ask our Expert @https://www.reportsanddata.com/discount-enquiry-form/2259The following years are used in this study to estimate the size of the Automotive Human Machine Interface (HMI) market:Historical year: 2016-2018Base year: 2019Estimated year: 2020Forecast years: 2020 to 2026Scope of the Research:The report offers an in-depth assessment of the competitive scenario, taking into consideration the market shares held by leading companies.
