Automotive Human Machine Interface Market To Reach US$ 27 Bn Value By 2022

Posted on 2018-04-25 by Mark Hub in Automotive // 0 Comments

ROCKVILLE, US, 2018-Apr-25 — /EPR Network/ — A freshly compiled business intelligent report, titled “Automotive Human Machine Interface Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022” has been publicized to the vast archive of Fact.MR online repository. This _ page study delivers all the vital details and information required to know about “Automotive Human Machine Interface” market current as well as future prospects. The analysts of the study have gone through extensive research methodologies in order to generate data and information that reflects the latest market undercurrents and industry trends. For a deeper understanding of the market, a sub-category level analysis has been elaborated, by which readers and investors of the report will able to know that where the market stands to gain.

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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.

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.

Vendors of automotive human machine interface systems have commenced incorporating innovations and new ideas into already existing systems, for increasing their market presence across the globe. Human machine interfaces are largely adopted in high-end automobiles, and are estimated to be introduced in low-cost vehicles in the upcoming years. The government intervention for enhancing the in-vehicle safety has been rising, coupled with surging integration of mobile phones in vehicles. These factors will augment the market growth of automotive human machine interface in the near future.

Scope

The scope of the report is to analyze the global automotive human machine interface market for the period 2017-2022 and give readers an accurate, unbiased analysis. Existing manufacturers, suppliers, and stakeholders in the overall automotive market can benefit from the insights offered in this report. The comprehensive analysis offered in the report can also be of interest to leading automotive journals and trade magazines.

Focus on Sedan Segment in Automotive Human Interface System Market

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.

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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.

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