Growing Demand for Autonomous Cars Influencing Automotive Human Machine Interface Systems Adoption
Lightening innovations to make connected cars the future of communication and interaction with other devices in the technology-driven environment, is projected to be a key driving factor heightening the demand for automotive human machine interface systems in the coming years.
Moreover, the ability to enhance the driver’s in-car experience and ensure seamless interaction between the vehicle and its passengers is likely to complement the increasing sales of automotive human machine interface systems, further ensuring safe and rich on-road experience with diverse communication.
Increasing Clamor around In-Car Infotainment Likely to Fuel HMI Demand
Increasing demand for information and entertainment sources during the commute coupled with smartphones having bridged the gap between vehicle and products offering home automation systems and in-car navigation systems is a likely factor setting the future tone for increased sales of automotive human-machine interface systems.
Moreover, the growing integration of electronics and vehicles, and networks has brought innovation opportunities for suppliers, OEMs, and aftermarket companies.
Product innovation in the technologically advancing automotive landscape is the way forward for incumbent players in this space to defend their market positions.
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Product Innovations Creating Significant Opportunities
Display panels spread over dashboards, center stacks, and head ups, illuminating surfaces for information transfer extending blind sport warnings to the driver, and using the window as interactive screens proving seamless communication between driver, car, and the environment like emergency warning cases are some key technological innovations that are likely to be deployed in automotive human-machine interface system components.
However, driver distraction is an issue anticipated to restrict the automotive human-machine interface systems adoption in the foreseeable future.
Strict mechanisms to avoid any unfavorable in-car features, especially when the car is in motion is a key challenge that the automakers and suppliers of automotive human-machine interface systems are anticipated to address.
Growing Consumer Inclination towards Connected Phones Could Mean Trouble for Automakers Offering HMI systems
The rapid adoption of smartphone mirroring is continually pushing automakers to rethink their strategies around in-car connectivity.
Existing inefficiencies and poor execution pertaining to existing touchscreens and voice-based systems in an in-car automotive human-machine interface system are resulting in a significant consumer shift towards smartphone applications through an onboard speech recognition system.
OEMs and suppliers are increasingly focusing on enhancing the user experience, in a bid to move data connection from the device to vehicles.
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Competitor Insights – Global Automotive Human Machine Interface Systems Market
In an extensive market analysis, Fact.MR has studied some key players in global automotive human machine interface systems market and their key growth strategies during the assessment period of 2017-2022.
Key market players identified in the report on global automotive human machine interface systems market include
- Delphi Automotive Plc.
- Denso Corporation
- Valeo SA.
- Saint-Gobain SA
- Honeywell International Inc.
- Magneti Marelli S.P.A
- Nippon Seiki CO.
envisages that technological innovations resulting in new product development (NPD) will remain a key strategy shaping the future of the global automotive human-machine interface systems market.
In the report, Fact.MR also throws light on various product development, giving an overview of the product portfolio. Mergers and acquisitions to expand business footprint will also remain a key strategy.
Market Definition - Global Human Machine Interface Systems Market
Human machine interface systems is a device offering seamless connectivity, in a world which is presently dominated by Internet of Things. Devices or software that allows interaction with a machine through either a single-touch, multi-touch panel or connected mobile technologies are considered as human machine interface systems.
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About the Report - Global Human Machine Interface Systems Market
The global human machine interface systems market is anticipated to represent a sizeable growth through 2022, with the market expanding at considerable CAGR. Spread across 14 chapters, Fact.MR comprehensive report on global human machine interface systems market offers key insights on various market dynamic likely to shape the future of the market.
Additional Questions Answered - Global Human Machine Interface Systems Market
- In the future, would government regulation prove to be a deterrent considering driver alertness?
- What are some key opportunity regions for the HMI providers?
- What are some major challenges hampering the growth of the global human machine interface systems market?
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After a thorough analysis of all the market dynamic, Fact.MR has complied a report on automotive human machine interface systems market for the assessment period of 2017-2022.
The report encapsulates critical insights compiled through extensive primary and secondary research, taking into account quantitative aspects of the automotive human machine interface systems market.
Put forth in an understandable and competitive format, key trends, drivers, and challenges among other macro-economic factors have been highlighted to give the readers an unbiased perspective of the market.
These insights would be of great significance for market players, helping them to devise informed strategies. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.
Chapter 1: Global Automotive Human Interface System Market - Executive Summary
This section of the report gives a brief summary of the Automotive Human Machine Interface System market including key insights, statistics, and data, an overview of the various segments included in the scope of the report, and its subsequent forecast till 2022.
Chapter 2: Global Automotive Human Interface System Market Overview
The overview section begins with an introduction encapsulating the market taxonomy and standard definition.
The section then outlines the revenue size and forecast along with a year-on-year growth trajectory of the market, giving the readers a holistic view of the future market direction over the forecast period of 2017-2022.
The next in line in this section are the key drivers and trends shaping the market, followed by a comprehensive analysis of the cost structure, pricing, and supply chain. To give readers an overview, this section embodies key market participants and their intensity mapping, along with a list of distributors.
Chapter 3: Global Automotive Human Interface System Market Analysis and Forecast, By Product Type
This chapter provides segmentation of the market based on product type, including voice control, central display, steering mounted, instrument cluster, Head-up display, rear-seat entertainment, and multifunction switches. For each product type, the sections have analyzed revenue, market share, and YoY growth, specific to 6 regions.
Chapter 4: Global Automotive Human Interface System Market Analysis and Forecast, By Passenger Car Type
Compact, Sedan/SUV, and Luxury/Sports are the 3 passenger car types, this section assesses, based on market share and YoY growth, specific to 6 regions.
Chapter 5: Global Automotive Human Interface System Market Analysis and Forecast, By Sales Channel
In terms of sales channel, this section gives a market size and forecast overview pertaining to OEM and aftermarket sales.
Chapter 6: Global Automotive Human Interface System Market Analysis and Forecast, By Technology
This chapter sheds light on the various segments of technology and its market size and forecast. Categorized into acoustic, visual, mechanical, and haptic, this sector also encapsulates region-wise revenue, market share, and YoY comparison.
Chapter 7: Global Automotive Human Interface System Market Analysis and Forecast, By Region
This section of the report assays an extensive assessment of 6 key regions operating in the aforementioned market. Each region has been further evaluated on the basis of all the key segments.
Chapter 8-13: Global Automotive Human Interface System Market Analysis and Forecast, By Country
This section primarily focuses on the region-wise analysis of the market in North America, Latin America, Europe, Japan, APEJ, and MEA. This section also includes a comprehensive section-wise analysis.
Chapter 14: Global Automotive Human Interface System Market, Competition Landscape
The report’s concluding section, profiles key companies in the market, along with their market-share holdings and overall company demographics. This section also gives a detailed summary of company profiles, winning strategies, and key company developments.
The competitive intelligence offers information on company overview and other important parameters, such as product offerings and key financials. The information presented in this section is not just beneficial for dominant players but also for other stakeholders in the value chain, including aftermarket players and manufacturers.
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Yes, the report has been compiled by expert analysts of Fact.MR, through a combination of primary and secondary research. To know more about how the research was conducted, you can speak to a research analyst.
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Fact.MR follows a methodology that encompasses the demand-side assessment of the market, and triangulates the same through a supply-side analysis. This methodology is based on the use of standard market structure, methods, and definitions.
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