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Automotive Human Machine Interface (HMI) Market Share

Report ID: GMI1370
Published Date: Dec 2022
Report Format: PDF

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Automotive HMI Market Share

Top participants operating in the automotive HMI market are

Clarion
Continental
Denso
Alpine
Magneti Marelli
Altran
Tata ELXSI
EAO
Harman
Nuance
Socionext
Valeo
Panasonic
Visteon
Yazaki
Bosch
Luxoft

Companies operating in the competitive landscape have been strengthening their strategic game to gain access to a wider customer base and make the most of available growth opportunities. For instance, in June 2022, Volvo, a Swedish automaker, joined hands with Epic Games’ Unreal Engine to bring photorealistic visualization into its new generation of electric vehicles. The alliance will help Volvo build a platform that will aid the automaker’s engineers design software that improves HMI.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of automotive HMI crossed USD 15 billion in 2022 and is predicted to showcase more than 15% gains between 2023 to 2032 owing to an increased emphasis on improving driver and vehicle safety.

The instrument cluster segment is poised to depict over 14.5% CAGR through 2032 owing to the rapid integration of progressive technologies and the continuous evolution of the vehicle cockpit design.

The commercial vehicle segment accounted for 20% of the revenue share in 2022 due to the several benefits offered by HMIs such as improved fuel efficiency, safety, and increased productivity.

The North America market is set to witness over 16% growth rate through 2032 driven by the increasing sales of autonomous connected cars and the increasing technological innovations across the region.