Human Machine Interface Market: Product Innovations Creating Significant Opportunities

Posted on 2019-02-15 by Mark Hub in Automotive // 0 Comments

Rockville, USA, 2019-Feb-15 — /EPR Network/ — Growing of Internet of Things (IoT) coupled with significant demand for vehicle automation will remain instrumental in driving the growth of automotive human machine interface systems market. Sales of human machine interface systems market is also impacted by a number of macroeconomic and industry-specific factors including growing technological advancements with a refocus on sustainability and the ‘green movement’ albeit various regulatory directives for manufacturers of automotive human machine interface systems market. However, the paradigm shift towards green technology will only impact the market moderately considering high development time for subsidiaries like charging points and efficient, affordable batteries.

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Growing Demand for Autonomous Cars Influencing Automotive Human Machine Interface Systems Adoption

Lightening innovations to make connected cars the future of communication and interaction with other devices in the technology-driven environment, is projected to be a key driving factor heightening the demand for automotive human machine interface systems in the coming years.

Moreover, the ability to enhance the driver’s in-car experience and ensure seamless interaction between the vehicle and its passengers is likely to complement the increasing sales of automotive human machine interface systems, further ensuring safe and rich on-road experience with diverse communication.

Product Innovations Creating Significant Opportunities

Display panels spread over dashboards, center stacks, and head ups, illuminating surfaces for information transfer extending blind sport warnings to the driver, and using window as interactive screens proving seamless communication between driver, car, and the environment like emergency warning cases are some key technological innovations that are likely to be deployed in automotive human machine interface system components. However, driver distraction is an issue anticipated to restrict the automotive human machine interface systems adoption in the foreseeable future.

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Soaring demand for in-car infotainment systems will translate into increased sales of automotive human machine interface systems by 2022. Used for navigation, communication, and entertainment, infotainment systems uses human machine interface systems, connected through devices and software, to enable seamless human interaction with automated systems in vehicles. Largely adopted in ultrahigh-end luxury segment cars, human machine interface-powered infotainment systems provides a holistic in-car experience. However, Fact.MR envisages that automakers will soon begin to target high-end and mid-segment cars and deploy human machine interface systems, especially in APEJ and North America.

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Key manufacturers in the global automotive human machine interface systems market are constantly challenging their technical expertise to enhance their product portfolio. Delphi Automotive PLC, for instance, has taken the acquisitions and divestitures route to live up to the ever-changing trends in the automotive landscape, with a further focus on high-tech and high-margin segments. Honeywell International Inc, by the end of its 5-year strategy plan in 2018, is expected to stand at $46-$51 billion sales, increased organically by leveraging its disciplined process initiative and innovation-centric strategies. Another key player, Saint-Gobain SA “has made a strategic decision to become the reference in sustainable habitat and construction markets”. Fact.MR has also offered critical insights on other key players in the global polyurethane in automotive filters market giving readers an overview of the competitive landscape.

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