The Business Research Company’s Automotive Human-Machine Interfaces Global Market Report 2023 is the most detailed report available on the market, including broad forecast periods and multiple geographies. The report covers the historic period – 2010-2021, and the forecast period – 2023-2032. The Automotive Human-Machine Interfaces Global Market Report 2023 evaluates automotive human-machine interfaces market size, growth rate, drivers, trends, and major companies.
The report provides a global perspective by covering 60 geographies and focusing on major economies in each region – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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The anticipated trajectory of the global automotive human-machine interfaces market is poised for a substantial evolution. From its 2022 valuation of $18.63 billion, the market is set to ascend to an impressive $20.92 billion in 2023, manifesting an admirable compound annual growth rate (CAGR) of 12.3%. However, this ascent is not bereft of external influences. The disruptive specter of the Russia-Ukraine war has cast its shadow over global economic recovery in the aftermath of the COVID-19 pandemic, particularly in the short term.
This geopolitical conflict has yielded far-reaching ramifications, including the imposition of economic sanctions on multiple nations, an upsurge in commodity prices, and notable disruptions in supply chains. As a consequence, inflationary pressures ripple through the vast spectrum of goods and services, subsequently impacting markets across the global landscape. Nevertheless, even amidst these challenges, the automotive human-machine interfaces market is primed for remarkable growth, with expectations pointing towards a market size of $32.18 billion by 2027, characterized by a robust CAGR of 11.4%.
The escalating trend towards connected and autonomous vehicles is a formidable catalyst propelling the automotive human-machine interface (HMI) market into a promising trajectory. Autonomous vehicles, endowed with the capacity to navigate independently, devoid of human intervention, and connected cars, which seamlessly harness wireless network connectivity to engage with adjacent devices, are the linchpins of this paradigm shift.
Incorporating automotive human-machine interface systems into these advanced vehicles is a pivotal mechanism to ensure a seamless, interactive, and highly efficient user experience. As corroborated by reputable sources, such as TechCrunch, a distinguished US-based online newspaper renowned for its focus on high-tech and startup companies, the year 2022 witnessed the proliferation of over 1,400 self-driving vehicles, orchestrated by a consortium of more than 80 pioneering companies. Furthermore, the foresight shared by Policy Advice, a prominent US-based platform dedicated to facilitating financial well-being, highlights the imminent transformation in the business landscape. Over the next two decades, it is estimated that a substantial 55% of small enterprises are poised to embrace a fully autonomous fleet, underpinning the profound impact of autonomous and connected vehicles on the burgeoning automotive human-machine interface market. This evolution augments the imperative role that HMI systems play in shaping the automotive landscape of tomorrow.
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The automotive human-machine interfaces market segments in the report are:
1) Automotive Human-Machine Interfaces Market By Product: Central Display, Voice Control System, Steering Mounted Control, Instrument Cluster, Head-Up Display, Rear Seat Entertainment, Multifunction Switch
2) Automotive Human-Machine Interfaces Market By Technology: Visual Interface, Acoustic Interface, Other Technologies
3) Automotive Human-Machine Interfaces Market By Access: Standard HMI, Multimodal HMI
4) Automotive Human-Machine Interfaces Market By Function type: Primary, Secondary
5) Automotive Human-Machine Interfaces Market By End User: Passenger Vehicle, Commercial Vehicle
Top Major Players
The table of contents in TBRC’s automotive human-machine interfaces market report includes:
1. Executive Summary
2. Automotive Human-Machine Interfaces Market Characteristics
3. Automotive Human-Machine Interfaces Market Trends And Strategies
4. Automotive Human-Machine Interfaces Market – Macro Economic Scenario5. Automotive Human-Machine Interfaces Market Size And Growth
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26. Africa Automotive Human-Machine Interfaces Market
27. Automotive Human-Machine Interfaces Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Human-Machine Interfaces Market
29. Automotive Human-Machine Interfaces Market Future Outlook and Potential Analysis
30. Appendix
List Of Tables
Table 1: Global Historic Market Growth, 2017-2022, $ Billion
Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion
Table 3: Global Automotive Human-Machine Interfaces Market, Segmentation By Product, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 4: Global Automotive Human-Machine Interfaces Market, Segmentation By Technology, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
Table 5: Global Automotive Human-Machine Interfaces Market, Segmentation By Access, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
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Table 48: Continental AG Financial Performance
Table 49: Visteon Corporation Financial Performance
Table 50: Valeo Financial Performance
Table 51: Panasonic Corporation Financial Performance
Table 52: Denso Corporation Financial Performance
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