Automotive HMI Technologies Market

Segmentation By Product type (Voice Control, Head up Display, Instrument Cluster and Central display); By Technology (Visual, Acoustic, Haptic and Mechanical); By Access type (Standard HMI and Multi-Modal HMI); By Vehicle type (Passenger Vehicle and Casual Vehicle) - Global Demand Analysis and Opportunity Outlook 2027

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Report ID: 953 | Published On: Feb 08, 2023
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Market Segmentation

Our in-depth analysis segmented the global automotive HMI technologies market in the following segments:

By Product type:

  • Voice Control
  • Central Display
  • Instrument Cluster
  • Head up Display (HUD)

 By Technology type:

  • Visual
  • Acoustic
  • Haptic
  • Mechanical

 By Access type:

  • Standard HMI
  • Multi-Modal HMI

By Vehicle type:

  • Passenger vehicle
  • Commercial vehicle

By Region

Global automotive HMI technologies market is further classified on the basis of region as follows:

  • North America (United States, Canada), Market size, Y-O-Y growth Market size, Y-O-Y growth & Opportunity Analysis, Future forecast & Opportunity Analysis
  • Latin America (Brazil, Mexico, Argentina, Rest of LATAM), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Europe (U.K., Germany, France, Italy, Spain, Hungary, BENELUX (Belgium, Netherlands, Luxembourg), NORDIC (Norway, Denmark, Sweden, Finland), Poland, Russia, Rest of Europe), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Asia-Pacific (China, India, Japan, South Korea, Malaysia, Indonesia, Taiwan, Hong Kong, Australia, New Zealand, Rest of Asia-Pacific), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis
  • Middle East and Africa (Israel, GCC (Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman), North Africa, South Africa, Rest of Middle East and Africa), Market size, Y-O-Y growth, Future forecast & Opportunity Analysis.

Automotive HMI Technologies Market Graph

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Automotive HMI Technologies Market Graph
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Market Size and Forecast

The CAGR of global automotive HMI technologies is expected to be around 13.5% during the year 2018-2027.It is anticipated that global automotive HMI technologies market be valued at USD 30 Bn by 2027.

The Automotive HMI technologies market is segmented on the basis of product type, technology, access type and vehicle type. On the basis of product type global automotive HMI technologies is segmented into voice control, central display, Instrument cluster and head up display. The head-up display (HUD) segment is projected to be the fastest growing segment during the forecast period. On the basis of technology, it is segmented into visual, acoustic haptic and mechanical. The   visual HMI technology is expected to dominate in the future on the account of high application in automotive industry.

By region, global automotive HMI technologies market is segmented into North America, Latin America, Europe, Asia-Pacific, Middle East and Africa. Global automotive market is dominated by North America and is expected to be the leading during the forecast period. This is attributed to the high demand for luxury cars in North America. Asia-pacific region is anticipated to witness rapid growth in the upcoming years. Asia Pacific countries such as China and India are investing heavily for developing technologies that is efficient in maintaining safety and security.

Growth Drivers and Challenges

High demand from automotive industry on the account of increasing need for safety and security is driving the market growth of automotive HMI technologies. It offers variety of ways to communicate such as touch screen, voice recognition etc., which help the driver to understand the complicated situations and enhances the driving capabilities making it safe for driver to drive without distractions. The technology Advanced driver assistance system (ADAS) uses automatic brake and lane assist is gaining traction in automotive industry. Rapid urbanization , high disposable income and   growing population are key drivers for Automotive HMI technology. Companies operating in the HMI technologies market are continuously investing in R&D activities in order to offer advanced technology with differentiated features. Moreover, companies are adopting various strategies in order to expand its foothold across the globe.

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Top Featured Companies Dominating The Market

    • Denso Corporation
    • Alpine Electronics, Inc.
    • Synaptics Incorporated
    • Clarion Co. Ltd.
    • Magneti Marelli S.p.A.
    • Delphi Automotive PLC
    • Continental AG
    • Robert Bosch
    • Valeo S.A.
    • Altran Technologies
    • Visteon Corporation
    • Luxoft Holding, Inc.
    • Voicebox Technologies


In The News

Global Economic Impact

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Despite Inflation & Fearing Recession, Businesses Across the Globe Expected to Do Better in 2023:

In 2023, market players might incur losses due to huge gap in currency translation followed by contracting revenues, shrinking profit margins & cost pressure on logistics and supply chain.
Controlling Inflation has become the first priority for global economies from last quarter of 2022 and to be followed in 2023. With skewed economic situations, rise in interest rate by governments to control spending and inflation, spiked oil and gas prices, high inflation, geo-political issues including U.S. & China trade war, Russia-Ukraine conflict to intensify the global economic issues.
The interest rates in the U.S. may be less sensitive in 2023 as compared to 2022; sigh of relief for businesses. Positive business sentiments, healthy business balance sheets, growth in construction spending (private construction value in 2022 stood at $1,429.2 billion, 11.7 percent (±1.0 percent) above the $1,279.5 billion spent in 2021, Residential construction in 2022 was $899.1 billion, up by 13.3 percent (±2.1 percent) from $793.7 billion in 2021, non-residential construction touched $530.1 billion, 9.1 percent (±1.0 percent) above the $485.8 billion in 2021.) showcases minimal impact of recession in the country.
Similarly, spiked spending in the European and major Asia economics including, India, China & Japan to showcase less impact on the global demand.

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