Automotive HMI Market to value USD 75 Billion by 2032: Global Market Insights Inc.
Major automotive HMI market participants include Clarion, Continental, Denso, Alpine, Magneti Marelli, Altran, Tata ELXSI, EAO, Harman, Nuance, Socionext, Valeo, Panasonic, Visteon, Yazaki, Bosch, and Luxoft, among others.
Selbyville, Delaware, Dec. 14, 2022 (GLOBE NEWSWIRE) —
The automotive HMI market is expected to record a valuation of USD 75 billion by 2032, according to a is anticipated to witness nearly 18% CAGR through 2032. The remarkable rise in the production of commercial and passenger vehicles in countries such as China and India will support regional expansion through the ensuing years. Besides, the increasing consumer inclination toward luxury vehicles due to improved economic growth and the infusion of hefty investments in autonomous driving technology will further enhance the business growth across the region.
Notable players in the automotive human machine interface market are Harman, Continental, Alpine, Altran, Magneti Marelli, EAO, Nuance, Clarion, Denso, Tata ELXSI, Socionext, Valeo, Yazaki, Visteon, Bosch, Luxoft, and Panasonic.
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Partial Table of Contents (ToC) of the report:
Chapter 3 Automotive HMI Market Insights
3.1 Introduction
3.2 Impact of COVID-19
3.3 Russia-Ukraine war impact
3.4 Industry ecosystem analysis
3.5 Automotive HMI architecture analysis
3.6 Automotive HMI evolution
3.7 Passenger car production statistics (2022)
3.8 Commercial vehicle production statistics (2022)
3.9 Technology & innovation landscape
3.9.1 Virtual Reality (VR) and Augmented Reality (AR)
3.9.2 Artificial Intelligence (AI) and machine learning
3.9.3 Cloud computing
3.9.4 Telematics
3.9.5 Speech recognition
3.10 Patent analysis
3.11 Key initiative and news
3.12 Regulatory landscape
3.13 Industry impact forces
3.13.1 Growth drivers
3.13.1.1 Use of gestures for enhanced human-car interactions
3.13.1.2 Growing need for improved driver and vehicle safety
3.13.1.3 Increased adoption of Advanced Driver Assistance System (ADAS) for fleet management
3.13.1.4 Rising demand for connected vehicles across the globe
3.13.1.5 Growing demand for enhanced user experience and convenience features in vehicles
3.13.2 Industry pitfalls & challenges
3.13.2.1 Safety and security concerns related to connected cars
3.13.2.2 HMI design and complexity issues
3.13.2.3 Interoperability issues
3.14 Growth potential analysis
3.15 Porter’s analysis
3.16 PESTEL analysis
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