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Automotive Human Machine Interface (HMI) Market Size, Strategies, Competitive Landscape, Trends & Factor Analysis Till 2032

Automotive Human Machine Interface (HMI) Market Size, Strategies, Competitive Landscape, Trends & Factor Analysis Till 2032

Global automotive HMI market is set to witness substantial growth through 2032 owing to the increasing use of gestures for better human-car interactions. Gesture recognition systems in cars offer enhanced driver and passenger safety as it can give commands without the need of taking eyes off the road.

Overall, the automotive HMI market is bifurcated on the basis of interface, access, product, vehicle, and region.

On the basis of interface, the HMI market is expected be characterized by the acoustic segment, which is likely to grow at more than 18.5% CAGR between 2023 to 2032. This segment will expand owing to the increasing demand for speech recognition technology to control vehicles' infotainment system.

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Within the products, the mutifunction switches segment will grow at 13% CAGR through the analysis timeframe. Apart from improving the safety of the vehicles, these switches let drivers to utilize a combination of functions. Both these factors will cumulatively contribute to the market expansion of the multifunction switches.

In the context of vehicle, the HMI market has been divided into passenger vehicle and commercial vehicle. Between these two, the passenger vehicle segment is set to witness substantial growth in the upcoming time. There is an increase in demand for cars that are equipped with technological platforms and intuitive HMI interfaces to enhance the in-car experience, which, in turn is expected to improve the production of the cars.

Based on access, the market is likely to be characterized by multimodal interface. Traditional components for interface such as rotary controls, hard push buttons, and warning lights are getting replaced by multi-modal input methods such as voice control, gesture control, touch screen, and haptic feedback. Hence, multimodal interfaces are being developed to allow acoustic and haptic interaction into HMI systems, which will positively drive the market growth in the upcoming time.

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In the regional landscape, the demand for HMI in the Latin America region in expected to gain substantial traction over the estimated timeframe. The market growth in this region is particularly supported by the rising investments by global auto manufacturers to boost the auto industry. Besides, rise in vehicle production in the region owing to free trade agreements and low labor rates would complement the market growth.

Most of the companies operating in this field are currently engaging in innovations and further advancement of HMIs to enable better interconnectivity among various HMI parts. Some of the key companies operating in the global automotive HMI market are Socionext, Tata ELXSI, Continental, Magneti Marelli, Harman, Yazaki, Alpine, Altran, Clarion, Nuance, Denso, Valeo, Visteon, Bosch, EAO, Panasonic, and Luxoft.

Table of Contents (ToC) of the report:

Chapter 1 Methodology and Scope

1.1 Scope & definitions

1.2 Base estimates and calculations

1.3 Forecast calculations

1.4 Data Sources

1.4.1 Primary

1.4.2 Secondary Paid sources Public sources

Chapter 2 Executive Summary

2.1 Automotive HMI industry 360° synopsis, 2018-2032

2.2 Business trends

2.2.1 Total Addressable Market (TAM), 2023-2032

2.3 Product trends

2.4 Interface type trends

2.5 Vehicle type trend

2.6 Access type trends

2.7 Regional trends

Browse complete Table of Contents (ToC) of this research report @ https://www.gminsights.com/toc/detail/automotive-hmi-market

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