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Automotive HMI Market Size, Top Vendors, and Industry Research

According to P&S Intelligence, the Asia-Pacific (APAC) region generated the maximum demand in the automotive HMI market in 2019, due to the increased adoption of passenger cars and high demand for enhanced safety features and user experience.

According to P&S Intelligence, the Asia-Pacific (APAC) region generated the maximum demand in the automotive HMI market in 2019, due to the increased adoption of passenger cars and high demand for enhanced safety features and user experience.

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Automotive HMI Market Dynamics

Trends, Segmentation, Key Players And

Forecast

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Automobile manufacturers are integrating human–machine interface (HMI) systems to cater

to the increasing preference of customers to remain connected with the outside world, while

on road. Because of the increasing in-vehicle connectivity features in infotainment systems to

connect smartphones with the vehicle, automobile diagnostics, traffic and collision warnings,

real-time traffic monitoring, and roadside assistance, the automotive HMI market is

expected to display a CAGR of 10.8% during 2020–2030. Besides, increasing awareness

about improved safety features in vehicles will increase the size of the market from $18,822.3

million in 2019 to $55,318.4 million by 2030.

To increase the safety quotient, automotive producers are integrating automotive HMI

solutions to assist drivers while traveling. These solutions reduce distractions while driving by

offering safety features, such as voice interactions, mobile devices, and touch screens, which

help the drivers in noticing and understanding imperative information. Besides, governments,

worldwide, are implementing and regulating mandatory policies to assimilate safety features

in automobiles. Adoption of these solutions will curtail the incidence of road accident, which

is the eighth major cause of death, according to the World Health Organization (WHO).

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As for the product variety, the automotive HMI solutions manufacturers offer an array of

products like instrument clusters, central displays, voice recognition systems, heads-up

displays, gesture recognition systems, multifunction switches, rear-seat entertainment units,

and steering-mounted controls. With the surging consumption of mid-priced and premium

cars, the adoption of heads-up displays is expected to increase in future. These heads-up

displays project important data and stats, such as system warnings, multimedia information,

and driving status, on the vehicle’s windshield.

According to P&S Intelligence, the Asia-Pacific (APAC) region generated the maximum

demand in the automotive HMI market in 2019, due to the increased adoption of passenger

cars and high demand for enhanced safety features and user experience. Also, it is projected

that the rising income of people and increasing preference for automotive HMI solutions will

fuel the demand for these systems in future, in the region. Moreover, the flourishing

automobile sector in China will increase the adoption of premium cars, which, in turn, the

demand for automotive HMI solutions is increasing.

Besides, developments in technologies, such as virtual reality (VR), internet of things (IoT),

and augmented reality (AR), and their integration in automotive HMI solutions will increase

the adoption of HMI systems in mid-priced and premium cars, and connected and autonomous

vehicles. Moreover, producers of these systems are investing hugely in the development of

HMI systems and associated technologies. The manufacturers are focusing on developing and

producing better dashboard layout flexibilities and innovative display technologies, which are

highly adaptable and dynamic.

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When it comes to the availability of the automotive HMI solutions, a single service provider


or company or vendor does not necessarily provide every product. To provide a complete end

product, companies collaborate with each other for hardware and software components. To

cater to the demand and gain a competitive edge, the vendors opt for partnerships,

acquisitions, and mergers. One such example is the joint venture between Toyota Motor

Corporation and DENSO CORPORATION for the development and research of nextgeneration

in-vehicle semiconductors. These semiconductors will be used to develop

electronic components for automated vehicles.

Thus, the development of new systems and high demand for improvised vehicles will increase

the adoption of automotive HMI systems in future.

Market Segmentation by Product

• Voice Recognition System

o Embedded

o Integrated

• Central Display

o TFT-LCD

o OLED

• Head-Up Display

o Combiner

o Windshield

• Gesture Recognition System

o Touch based system

o Touchless system

• Rear Seat Entertainment Unit

o Multimedia player

o Navigation system

• Steering Mounted Control

• Multifunction Switches

• Instrument Cluster

Market Segmentation by Interface

• Visual Interface

• Mechanical Interface

• Acoustic Interface

• Others

Market Segmentation by Access

• Standard HMI

• Multimodal HMI

Market Segmentation by End-Use

• Mid-priced Cars

• Premium Cars

• Economic Cars


Market Segmentation by Region

• North America Automotive HMI Market

o By product

o By interface

o By access

o By end-use

o By country – U.S. and Canada

• Europe Automotive HMI Market

o By product

o By interface

o By access

o By end-use

o By country – Germany, the U.K., Italy, France, and Rest of Europe

• APAC Automotive HMI Market

o By product

o By interface

o By access

o By end-use

o By country – China, Japan, India, South Korea, and Rest of APAC

• LAMEA Automotive HMI Market

o By product

o By interface

o By access

o By end-use

o By country – Mexico, Brazil, the U.A.E. and Rest of LAMEA

This study covers

• Historical and the present size of the Automotive HMI Market

• Major factors driving the market and their impact during the short, medium, and long

terms

• Market restraints and their impact during the short, medium, and long terms

• Recent trends and evolving opportunities for the market participants

• Historical and the present size of the market segments and understand their

comparative future potential

• Potential of on-demand logistics services, so the market players make informed

decisions on the sales of their offerings

• Competitive scenario of various market segments across key countries in several

regions for uncovering market opportunities for the stakeholders

• Major players operating in the market and their service offerings

• Recent strategic developments by the major players in the market


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