Automotive Human Machine Interface (HMI) Market is expected to grow at 11.9% CAGR
[220 Pages Report]?According to " Mettleleaf ",?the?"Automotive HMI Market by Product (Voice Control, Central Display, Instrument Cluster, Steering Mounted Control, HUD, RSE Display), Technology (Visual Interface, Acoustic, Mechanical, Others), Access Type, Light Duty Vehicle Type, Function, End Type, Region (Asia Pacific, Europe, North America, South America, Middle East & Africa) – Global Forecast to 2027"?is expected to grow at a?CAGR of 11.9%.?from the year 2018 – 2028.
Market Drivers
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HUD segment is expected to witness fastest growth during the forecast period (2022 – 2027)
Automotive HMI Market in our report by Product Type has been categorized into central displays, head-up displays (HUD), instrument clusters, rear seat entertainment (RSE) displays, steering mounted controls, voice control systems, and multi-function switches. HUD is expected to witness the fastest growth during the forecast period. Growth of the factors are attributed to owing to increasing focus of OEMs and HMI manufacturers towards installation of HUD in mid-range vehicles. At present, HUD is at a nascent stage and is incorporated only in luxury vehicles.
Asia Pacific Region is expected to dominate the Automotive HMI Market
Asia-Pacific is expected to remain the largest market for the automotive HMI in the coming years. Growth of the region is attributed to significant economic development in the region has led to increasing disposable income of consumers in the emerging economies, such as China and India. This factor has led to the strong production and sales of passenger cars in the region.
Regional market is further segmented into North America (Canada, U.S., and Mexico), Europe (Netherlands, Germany, France, Italy, Belgium, UK, Russia, Switzerland, Spain, Turkey, Rest of Europe), APAC (Malaysia, Thailand, Indonesia, South Korea, China, India, Japan, Singapore, Australia, Philippines, Rest of APAC), Middle East and Africa (South Africa, Saudi Arabia, Egypt, Israel, U.A.E, Rest of Middle East and Africa (MEA)), South America (Brazil, Argentina and Rest of South America).
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Key Companies Profiled
The major players in the?Continental AG (Germany), Delphi Automotive PLC (U.K), Valeo S.A. (France), Synaptics Incorporated (U.S), Clarion co. Ltd (Japan), Magneti Marelli S.P.A (Italy), and Visteon Corp (U.S.), among others domestic and global players.
The study includes an in-depth competitive analysis of these key players in the Automotive HMI market with their company profiles, recent developments, and key market strategies.
Automotive HMI Market Segmentation
Automotive HMI Market,?by Product Type
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Automotive HMI Market,?by Access Type
Automotive HMI Market,?by Technology
Automotive HMI Market,?by Application
Automotive HMI Market,?by Component
Automotive HMI Market, by Region
Key Questions addressed:
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