Global Automotive HMI Market Size, Share, and COVID-19 Impact Analysis, By Product Type (Voice Control, Instrument Cluster, Central Display, Head-Up Display (HUD), and Others), By Technology (Visual, Acoustic, and Others), By Vehicle Type (Passenger Cars, Commercial Vehicles, and Others), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033.

Industry: Automotive & Transportation

RELEASE DATE May 2024
REPORT ID SI4443
PAGES 230
REPORT FORMAT PathSoft

Global Automotive HMI Market Insights Forecasts to 2033

  • The Global Automotive HMI Market Size was Valued at USD 23.48 Billion in 2023
  • The Market Size is Growing at a CAGR of 12.36% from 2023 to 2033
  • The Worldwide Automotive HMI Market Size is Expected to Reach USD 75.3 Billion by 2033
  • North America is Expected to Grow the fastest during the forecast period.

 

global automotive HMI market

Get more details on this report -

Request Free Sample PDF

 

The Global Automotive HMI Market Size is Anticipated to Exceed USD 75.3 Billion by 2033, Growing at a CAGR of 12.36% from 2023 to 2033.

 

Market Overview

Automotive Human Machine Interface (HMI) refers to the technology and design components that enable human-vehicle interaction and communication. It consists of several interface mechanisms that allow individuals to control and access information in an automobile. The HMI system's primary goal is to provide a seamless user experience, allowing drivers to safely and efficiently handle the vehicle's features and capabilities. The demand for automotive HMI is increasing as a result of the growing use of gestures to better human-car interactions. The market is expanding rapidly because of the increased adoption of the Internet of Things (IoT). The development of new UX solutions for multimodal experiences is expected to increase the market's commercialization choices for new products. As a result, vehicle HMI's market share is expected to increase. The evolving networking trends in modern, high-end vehicles are another source of profitable prospects. For example, consider OTA updates and vehicle-to-everything (V2X) trends.

 

Report Coverage

This research report categorizes the market for the global automotive HMI market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global automotive HMI market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the global automotive HMI market.

 

Global Automotive HMI Market Report Coverage

Report CoverageDetails
Base Year:2023
Market Size in 2023:USD 23.48 Billion
Forecast Period:2023 - 2033
Forecast Period CAGR 2023 - 2033 :12.36%
2033 Value Projection:USD 75.3 Billion
Historical Data for:2019-2022
No. of Pages:230
Tables, Charts & Figures:110
Segments covered:By Product Type, By Technology, By Vehicle Type, By Region
Companies covered:: Synaptics Incorporated, Continental AG, 3M, Infineon Technologies AG, Visteon Corporation, Valeo S.A., Bosch Global Software Technologies PVT. LTD., Aptiv, Alpine Co. Ltd., Tata Elxsi, Forciot Oy Ltd., EAO AG, Rightware Inc., HARMAN International, Actia Corporation, Intellias LLC, Panasonic Automotive Systems Europe GmbH, and Others
Pitfalls & Challenges:Covid 19 Impact Challanges, Future, Growth and Analysis

Get more details on this report -

Request Free Sample PDF
 

Driving Factors

The fast adoption of mobility and cloud technologies in the automotive industry enables the delivery of seamless on-the-go experiences such as enhanced navigation, networking, and intelligent safety. Furthermore, the growing importance of mass customization across automotive sectors is fueling the demand for bespoke solutions. The evolution of the connected car industry is likely to accelerate the process, boosting growth in the automotive HMI market. Furthermore, automobile manufacturers have worked hard to incorporate creative UX/UI designs, allowing them to reach greater levels of human-vehicle connection. As a result, the development of autonomous vehicles is accelerated due to the incorporation of new functionalities into car software in modern automobiles, creating new prospects for the automotive human-machine interface (HMI) industry. Automotive manufacturers are integrating them with 2D and 3D images to improve driver comfort and accuracy. As automakers continue to invest in the development of connected and autonomous vehicles, the demand for novel HMIs that improve the user experience while also allowing for the safe and efficient operation of these vehicles is projected to increase dramatically.

 

Restraining Factors

The global automotive HMI Market's growth is hampered by the high cost of complex HMI systems, their high power consumption, the significance of maintaining these intricate systems, and the threat posed by cyber security.

 

Market Segmentation

The global automotive HMI market share is classified into product type, technology, and vehicle type.

 

  • The head-up display (HUD) segment is expected to hold the largest share of the global automotive HMI market during the forecast period.   

Based on the product type, the global automotive HMI market is divided into voice control, instrument cluster, central display, head-up display (HUD), and others. Among these, the head-up display (HUD) segment is expected to hold the largest share of the global automotive HMI market during the forecast period. This is due to the rising use of HUD in luxury and mid-sized automobiles, the HUD segment is anticipated to rise significantly during the projection period. Also, the increased focus on preventing driver distraction and installing HUD in mid-size vehicles is likely to drive the growth of the global market.

 

  • The visual segment is expected to grow at the fastest CAGR in the global automotive HMI market during the forecast period.   

Based on the technology, the global automotive HMI market is divided into visual, acoustic, and others. Among these, the visual segment is expected to grow at the fastest CAGR in the global automotive HMI market during the forecast period. This is attributable to the increased need for handy features and adaptive solutions, together with the expanding focus of carmakers on decreasing distractions, by providing visual interfaces, such as instrument clusters and touch-screen displays. Due to these factors, the visual segment is growing significantly in the global automotive HMI market.

 

  • The passenger cars segment is expected to grow at the fastest CAGR in the global automotive HMI market during the forecast period.   

Based on the vehicle type, the global automotive HMI market is divided into passenger cars, commercial vehicles, and others. Among these, the passenger cars segment is expected to grow at the fastest CAGR in the global Automotive HMI market during the forecast period. The growth of passenger cars in the automotive HMI market can be attributed to a number of factors, including the increasing adoption of advanced infotainment, connectivity, and driver assistance features in passenger vehicles, the growing emphasis on improving user experience (UX), and vehicle comfort, and rising consumer expectations for seamless integration of digital technologies into automotive interiors.

 

Regional Segment Analysis of the Global Automotive HMI Market

  • North America (U.S., Canada, Mexico) 
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Rest of APAC)
  • South America (Brazil and the Rest of South America) 
  • The Middle East and Africa (UAE, South Africa, Rest of MEA)

 

Europe is anticipated to hold the largest share of the global automotive HMI market over the predicted timeframe.

 

global automotive HMI market

Get more details on this report -

Request Free Sample PDF

 

Europe is anticipated to hold the largest share of the global automotive HMI market over the predicted timeframe. As a significant hub for automotive manufacturing and innovation, Europe benefits from a strong ecosystem of automakers, suppliers, and technology providers, which promotes the adoption of modern automotive technologies such as human-machine interface systems. European manufacturers are well-known for their attention to design, engineering quality, and user experience (UX), which has resulted in the widespread adoption of advanced HMIs in regionally made automobiles. Furthermore, Europe's prominence in regulatory standards relating to vehicle safety, emissions, and connectivity incentivizes automakers to deploy advanced HMI solutions that comply with these criteria while offering superior functionality and usability. Additionally, Europe's affluent consumer base, high adoption rates of luxury and premium automobiles, and increased demand for electrified and connected vehicles are adding to the region's supremacy in the automotive HMI industry.

 

North America is expected to grow at the fastest pace in the global automotive HMI market during the forecast period. The region's established automotive sector, along with high disposable incomes and a noticeable predisposition toward innovation, has produced a conducive climate for the adoption of advanced human-machine interface (HMI) technologies in automobiles. North American automakers and technology businesses are at the forefront of developing and deploying connected car technologies, artificial intelligence, and advanced driver assistance systems (ADAS), thus driving the integration of sophisticated HMIs that enable these functionalities. Additionally, North America's regulatory environment, typified by a focus on safety and consumer protection, is encouraging automakers to invest in HMI solutions that increase user experience (UX), while simultaneously assuring compliance with regulatory standards.

 

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global automotive HMI market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

 

List of Key Companies

  • Synaptics Incorporated
  • Continental AG
  • 3M
  • Infineon Technologies AG
  • Visteon Corporation
  • Valeo S.A.
  • Bosch Global Software Technologies PVT. LTD.
  • Aptiv
  • Alpine Co. Ltd.
  • Tata Elxsi
  • Forciot Oy Ltd.
  • EAO AG
  • Rightware Inc.
  • HARMAN International
  • Actia Corporation
  • Intellias LLC
  • Panasonic Automotive Systems Europe GmbH
  • Others

 

Key Target Audience

  • Market Players
  • Investors
  • End-users
  • Government Authorities 
  • Consulting And Research Firm
  • Venture capitalists
  • Value-Added Resellers (VARs)

 

Recent Developments

  • In January 2024, Synaptics, based in the United States, contributed its touch-and-display integration (TDDI) driver for Tata Motors' latest car line. The automaker's revamped Nexon, Harrier, and Safari models feature new infotainment systems and digital instrument clusters.

 

  • In December 2023, Intellias announced a new digital cockpit with Rightware's Kanzi One technology to hasten the creation of dynamic, consumer-friendly car instrument displays at CES 2024 on January 9-12 in Las Vegas. Rightware's Kanzi One HMI kit and Qualcomm's fourth-generation Snapdragon Automotive Cockpit Platform are among the systems incorporated in the Intellias portable yet fully functional digital cockpit.

 

Market Segment

This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global automotive HMI market based on the below-mentioned segments: 

 

Global Automotive HMI Market, By Product Type

  • Voice Control
  • Instrument Cluster
  • Central Display
  • Head-Up Display (HUD)
  • Others

 

Global Automotive HMI Market, By Technology

  • Visual
  • Acoustic
  • Others

 

Global Automotive HMI Market, By Vehicle Type

  • Passenger Cars
  • Commercial Vehicles
  • Others

 

Global Automotive HMI Market, Regional

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Uk
    • France
    • Italy
    • Spain
    • Russia
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia Pacific
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of the Middle East & Africa

Frequently Asked Questions (FAQ)

  • 1. Which are the key companies that are currently operating within the market?
    Synaptics Incorporated, Continental AG, 3M, Infineon Technologies AG, Visteon Corporation, Valeo S.A., Bosch Global Software Technologies PVT. LTD., Aptiv, Alpine Co. Ltd., Tata Elxsi, Forciot Oy Ltd., EAO AG, Rightware Inc., HARMAN International, Actia Corporation, Intellias LLC, Panasonic Automotive Systems Europe GmbH, and Others.
  • 2. What is the size of the global automotive HMI market?
    The Global Automotive HMI Market is expected to grow from USD 23.48 Billion in 2023 to USD 75.3 Billion by 2033, at a CAGR of 12.36% during the forecast period 2023-2033.
  • 3. Which region is holding the largest share of the market?
    Europe is anticipated to hold the largest share of the global automotive HMI market over the predicted timeframe.

Need help to buy this report?

Inquiry Before Buy
We'll use cookies to improve and customize your experience if you continue to browse. Is it OK if we also use cookies to show you personalized ads?
Learn more and manage your cookies
Yes, Accept Cookies