Published Date : Dec 05, 2016
ALBANY, NY, Dec 05, 2016: This study presents an in-depth reports of the global automotive human machine interface market and studies the market on all the key aspects. The dominant segments in the market and their condition by the end of the forecast period have also been presented under this study. The key outcomes of the five forces reports also form a chief part of this study. The market has also been assessed in terms of technology front and value chain reports. The prime players in the market and their contributions in the market are also presented. In addition, the strengths and weaknesses of these players have been encapsulated under the competitive landscape section of the report.
The first section of the study presents an introduction to the global automotive human machine interface market. This part encapsulates the key market highlights and the current and predicted size of the market by the end of the forecast period. The market is predicted to grow at a CAGR of over 7.0% between 2016 and 2020. The automotive human machine interface market is predicted to grow due to the rising focus of governments globally toward increasing the safety of vehicles. In addition, the growing employment of advanced driver assistance systems (ADAS) that help drivers by presenting easier information processing within in-vehicle systems will also fuel the demand for human machine interfaces in forthcoming years. The introduction of holistic human machine interfaces is a key trend seen in this market.
In the next section of the report, the segmentation of the market has been encapsulated. The market is segmented in terms of category and geography. In terms of category, the report segments the automotive human machine interface market into hardware and software and services. Of these, the segment of hardware held a dominant share in the market in 2015. Numerous manufacturers will be focusing on making sophisticated infotainment systems for product differentiation due to the increasing need for infotainment systems’ installation in mid-level and entry-level segments. This will further boost the development of the market.
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Geographically, the report categorizes the market into Asia Pacific, the Americas, and Europe, the Middle East, and Africa (EMEA). Of these, the Americas automotive human machine interface market emerged as the top market, in terms of revenue, over the forecast horizon. The reasons for the superiority of this region is the growing sale of luxury cars and an increased demand for human machine interfaces from baby boomers. In the Americas, nations such as Canada and the U.S have emerged as the significant contributors in the market for automotive human machine interface.
Next, the competitive landscape section of the report has been presented. As per the study, numerous players have penetrated into this market and the dominance of domestic players catering to the requirements of particular areas is also seen. The key players in the market are Alpine Electronics, Delphi, Continental, Valeo, and Denso, among others.
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