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The global automotive human-machine interface (HMI) market is anticipated to grow at a CAGR of 11.9% during the projected period 2021-2027. Factors attributing to the growth of the global automotive HMI market include technological development in AR, VR, and IoT and the rising trend towards connected and autonomous vehicles will accelerate the growth of the market.
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The increased emphasis by OEMs and aftermarket service providers to incorporate gesture recognition and voice-based interface technologies into modern HMI solutions, rising usage of ADAS for fleet management, and integration of smartphones with vehicles will proliferate the growth of the market.
Moreover, the increased adoption of better interiors for vehicles, rising concern towards safety and security features, and development of infotainment and communication system will further drive the growth of the automotive HMI market.
Market Segments Covered in the Report
Based on access type, the global automotive HMI market is segmented into standard HMI systems and multimodal HMI systems. Because OEMs are replacing their old control systems with high-tech HMI, the multimodal category is projected to dominate the market during the projection period. Traditional forms of technology such as warning lights, hard push buttons, and rotary controls are being replaced by multimodal input methods such as touch screens, haptic feedback, and gesture and voice control. The increased demand from the luxury segment is driving the multimodal system trend.
Asia-Pacific contributes the largest share in the automotive HMI market owing to substantial economic development in the region which has led to rising disposable income among consumers, thus driving the growth of the automotive HMI market. Furthermore, initiatives by the government to revive the automotive industry post-COVID-19 crisis will further drive the growth in the region.
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In January 2021, Continental, HERE, and Leia Inc have partnered to deliver three-dimensional navigation to vehicle cockpit displays. The companies are collaborating to provide a critical component for a secure and intuitive in-vehicle user experience with a wow factor. Leia’s Lightfield technology is used to portray HERE’s 3D depiction of buildings and geography. Without the use of adaptive eyewear or an eye-tracking sensor, the combined solution enables the display of 3D maps. The 3D effect is apparent from many angles thanks to the Lightfield technology. The 3D visuals can thus be seen by both the driver and the passengers.
Key Players:
The prominent players in the global automotive HMI industry include Continental AG, Magneti Marelli S.P.A., Delphi Automotive PLC., Visteon Corp., Synaptics Incorporated, Clarion Co. Ltd., Altran Technologies SA, Luxoft Holding, Inc., Valeo S.A., and DENSO Corporation.
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