Automotive Human Machine Interface Market Trends in the Competitive, Technological and R&D Landscape
Human machine interface systems enable rich infotainment features in vehicles such as GPS navigation, the internet, and information, facilitating long distance travel. One of the major key trends observed in the global automotive human machine interface market is soaring demand for automotive infotainment. Infotainment devices are used for communication, navigation, and entertainment in automobiles, influencing demand for telematics devices.
Request For Sample Report @ https://www.factmr.com/connectus/sample?flag=S&rep_id=40
Automotive human machine interface systems enable interface between humans and automated systems, using human-machine interface panels & software, helping operators to interact with the automated systems in vehicles. This enables the provision of inputs, and helps in monitoring, checking, and controlling the parameters of control systems in automobiles.
Key Takeaways from the Global Automotive Human Machine Interface Market
- Asia Pacific excluding Japan (APEJ) is anticipated to remain the most-lucrative region for the market, in terms of revenues. The markets in Europe and APEJ are estimated to register similar CAGRs through 2022.
- The market in Middle East & Africa (MEA), and Japan will collectively account for revenues worth US$ 2,235.8 Mn by 2022-end, with MEA being comparatively more lucrative than Japan.
- Central display automotive human machine interface will remain preferred among products in the market. However, sales of head-up display (HUD) automotive human machine interface are expected to register the fastest expansion through 2022.
- Automotive human machine interface systems will witness the largest sales in sedans/SUVs, to surpass US$ 10,000 Mn in revenues by 2022-end.
- Luxury/sports cars will continue to be the second largest car type segment in the global market, with sales estimated to register the highest CAGR through 2022.
- Aftermarket is estimated to remain the largest sales channel for automotive human machine interface systems, with sales estimated to reach nearly US$ 20,000 Mn by 2022-end.
- By technology type, visual automotive human machine interface systems will remain dominant in the market during the forecast period.
- Sales of mechanical automotive human machine interface will continue to register the fastest expansion through 2022.
Carmakers typically incorporate the latest technologies in the Automotive Human Interface System market in their flagship products. Therefore, the sedan and luxury segment have a greater market potential than compact cars. The Sedan/ SUV segment represented more than two-fifth revenue share by passenger car type segment in the Automotive Human Interface System market and APEJ alone is estimated to be worth nearly US$ 4.5 billion by the end of the forecast period. The luxury segment is an equally attractive prospect as it is likely to grow to more than US$ 8.5 billion in 2022. Carmakers would be advised to focus on both APEJ and North America if they seek to target the luxury passenger car segment in the Automotive Human Interface System.
Browse Full Report with TOC @ https://www.factmr.com/report/40/automotive-human-machine-interface-market
Aftermarket Channel Largest in Automotive Human Interface System Market
The aftermarket segment comprises roughly two-third revenue share by sales channel segment in the Automotive Human Interface System market and it could be a market of nearly US$ 20 billion by end 2022 which OEM’s must take into consideration while devising their long-term strategies.
Competition Tracking
The report has also profiled leading players in the global market for automotive human interface systems, which include companies such as Delphi Automotive PLC, Valeo S.A., Synaptics Incorporated, Honeywell International Inc., Visteon Corp., Altran Technologies S.A., Denso, Nippon Seiki, Alpine Electronics,Co., ltd, Magneti Marelli S.P.A, and Saint-Gobain SA.
Check Discount @ https://www.factmr.com/connectus/sample?flag=D&rep_id=40
About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.
Contact Us
Fact.MR
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Email: [email protected]
Web: https://www.factmr.com/