Report Scope & Overview :
Automotive Human Machine Interaction Market size was valued at USD 14.26 billion in 2022 and is expected to reach at USD 26.40 billion by 2030, and grow at a CAGR of 8% over the forecast period of 2023-2030.
The automotive Human Machineinteraction is a feature in which operator can speak to the systemthis is possible because of the installation of software,there are several benefits associated with the HMI the major ones include the smooth controlling of the system, also the easy communication and the reliable messaging,These factors are also very necessary in the vehicles which is very important in today’s time due to the rise in the traffic specially in the developed countries.Also, the HMI contributes for the safety purpose of the driver, the rise in the advancement of technology in the automotive industry has led towards the risein the demand for the Human Machine interaction feature with can be considered as the driving factor for the automotive Human Machine interaction specially the rise in the production of the autonomous cars and the demand for the HMI in them also contributes towards the growth of the Automotive Human Machine interaction market.
HMI in automotive industry is somewhat adding the value proposition which will benefit the customers and the automobile manufacturers as well, the latest development in the automobile industry will be thekey factor for the market to grow during the forecasted period, the manufactures have claimed HMI will improve the qualityexperience of the drivers and the co-passengers aswell, the companies have started using various software which included voice command tools like Alexa, Google assistant and so forth, the HMI is an old technology which is been getting advanced how time is passing, the major motivebehind the use of the HMI is to increase the interaction between the drivers and the vehicles which will help them to drive and gain betterexperience. According to our analysis the main objective of the key players and the emerging companies of the automotive industry is to stick to their goals and the rising standard of the automobile industry which inspires the manufacturers regarding the production and the development of the HMI, also the trends relatedto the electrification, ADAS will contribute to the growth of the market another factor which contributes to the growth of the market is the rising concerns related to the rise in the accidents which tend to happen because of disturbance occurred while driving.
Impact of covid-19
The covid-19 had a negative impact on almost every industry,which included automotive industry as well, Because of covid-19 there was a rise in the economic concern globally which impacted the automotive industry on a macro level, especially the personnel car segment the economic condition of an individual is co related with the sales of the personnel cars.The production also suffered due to the disruptions of value chain and supply chain management the reasons were obvious the lockdown rules and regulations imposed by the government during the covid-19. The major companies of the automobile industry has claimed global disruptions has caused a shortage of the semiconductor which further has impacted the level of production which is causing delay in the supply, the effect of the pandemic will be seen after the pandemic as well, because the rising inflation rate and the rise in the cost of the raw materials has disturbed the operational activities of the companies.
Market Dynamics
Drivers
Rise in the demand for the advanced feature vehicles.
The benefit of smooth processing system due to the connectivity and messaging feature because of the HMI.
The rise in the accidents because of the disturbance caused while driving.
The rising accidents and the disturbance which leads to incidents is said to be the major driving factor for the market, according to the previous year analysis in U.S. there has been rise in the accidents where the major reason was considered distraction while driving, according to the facts provided by the National Highway Traffic Safety Administration (NHTSA) in 2021 around 3,522 deaths were recorded because of distracted driving, and this scenario is expected to be in all the major countries of several regions, the major cause highlighted was use of phone for texting, calling and this is where the opportunity for the HMI kicks in, experts suggest because of the HMI the safety amongst the drivers increases as the HMI systems can provide connectivity of phone which will result in less driving distraction. In one of the interview given by the senior executive of Volvo regarding the motto behind the development of the HMI and the advanced softwarein the vehicles was increasing the safety features.
Restrain
The high cost of the Human Machine Interaction system.
The shortage of semiconductor chips because of the global disruptioncausing issues related to the demand and supply.
Opportunity
The technological advancement in the automotive industry
The rising innovation and at the same timerising demand for the autonomous vehicles.
The goal and the objective of the companies to bring revolutionary changes in the automobile industry.
When we analyzed the official statement stated by the board of members of key players particularly dealing in HMI market the major key factors which we noted was regarding the changes in the vehicles which will increase the safety and that will make the driver journeycomfortable and more relaxed also they have also mentioned the rise in the demand for the advanced technologies from the customer end which inspires them to be more innovative and creative. Connected cars and the systems like android, apple car play and as we mentioned earlier voice command features increases the customer satisfaction regarding the interior features. There were several arguments related to is HMI compatible with automobiles manufacturer’s goal of providing safety the answer was proved yes by confirming the exact requirement and how with the help of HMI and several other key digital features the safety of driver is assured.
Challenges
Chances of technical glitches caused by the internal factors.
Therising cases of the cybersecurity and the threat related to the future hacking of HMI system.
Impact of Russia Ukraine War.
The impact of Russia Ukrainewar had a negative impact on theautomotive industry due to the cut off trade between the OEMs and the Russia due to the conditions which iscause by the war, there was high disruption of the supply chain management which created issues for the European nations to do trade with the Ukraine based suppliers which impacted on minor level for the production of the parts.This report will give you an overview about the impact of Russia Ukraine war on the automotive Human Machineinteraction.
Market segmentation
By Product:
Instrument cluster
Multifunction switches
Central Display
Head Up display
By Vehicle Type:
Passenger Vehicle
Commercial Vehicle
By Access Type:
Standard Interface
Multimodal Interface
By Interface type:
Visual
Acoustic
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Regional Analysis
Europe is said to the dominating region for the automotive Human Machine Interaction market due to the developed cities like Germanywhich are the predominant auto manufacturers. When we mention Europe will dominate the market it is because of the current position of the automotive industry in this particular region, Germany is said to be one of the country which has the highest rate of export percentage of vehicles, automobile parts and so forth also the availability of the infrastructureand the players like BMW, Mercedes etc which attracts the growth.
North America is also one of the leading region due to the rise in the production of the automotive industry and also the rise in the demand for theadvanced features in the passenger cars and the commercial cars.
APAC is said to be the region with the highest CAGR growth rate because of the rising initiatives taken by the key players and the emerging players to expand their business and the increase in the investment related to production plants asthe demand in the region for the passenger vehicles is increasing rapidly also the economic stability and the post recovery of the developed nations will contribute to the growth of the market in this region. China will be the dominant country with the highest share in market estimation of APAC region because of the rise in the sales percentage, to be precise 7.1 % increase in the passenger vehicle in 2021 also the fact that most of the major countries and the automobile industry are dependent on China for the semiconductor chips and the lithium-ion batteriesas the while automobile industry is diversified towards electrification and hence this factors will create more opportunity for China to attract more business and growth during the forecasted period.
REGIONAL COVERAGE:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
Key Players
The major key playersBosch, Valeo, Panasonic Corporation,Alpine Electronics, Visteon Corporation, Harman,DensoCorporation, Continental AG.
Panasonic Corporation-Company Financial Analysis
| Report Attributes | Details |
| Market Size in 2022 | US$ 14.26 Bn |
| Market Size by 2030 | US$ 26.40 Bn |
| CAGR | CAGR of 8% From 2023 to 2030 |
| Base Year | 2022 |
| Forecast Period | 2023-2030 |
| Historical Data | 2020-2021 |
| Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
| Key Segments | • By Product (Instrument cluster, Multifunction switches, Central Display, Head Up display) • By Vehicle Type(Passenger Vehicle, Commercial Vehicle) • By Access Type (Standard Interface, Multimodal Interface) • By Interface type (Visual, Acoustic) |
| Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
| Company Profiles | Bosch, Valeo, Panasonic Corporation,Alpine Electronics, Visteon Corporation, Harman,DensoCorporation, Continental AG. |
| Key Drivers | • Rise in the demand for the advanced feature vehicles. • The benefit of smooth processing system due to the connectivity and messaging feature because of the HMI. |
| Market Opportunities | • The technological advancement in the automotive industry • The rising innovation and at the same timerising demand for the autonomous vehicles. |
The Automotive Human Machine Interaction Market size was valued at USD 14.26 billion in 2022 and is expected to reach at USD 26.40 billion by 2030, and grow at a CAGR of 8 % over the forecast period of 2023-2030.
Europe is said to the dominating region for the automotive Human Machine Interaction due to the developed cities like Germany which are the predominant auto manufacturers
Because of covid-19 there was a rise in the economic concern on a global level which impacted the automotive industry
Passenger vehicle will be the highest performing segment because of the rising demand and rise in the sales of passenger vehicles in the developed and emerging countries all around the globe.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of the Ukraine- Russia War
5. Value Chain Analysis
6. Porter’s 5 forces model
7. PEST Analysis
8. Global Automotive Human Machine Interaction Market Segmentation, by Product
8.1 Instrument cluster
8.2 Multifunction switches
8.3 Central Display
8.4 Head Up display
9. Global Automotive Human Machine Interaction Market Segmentation, by Vehicle Type
9.1 Passenger Vehicle
9.2 Commercial Vehicle
10. Global Automotive Human Machine Interaction Market Segmentation, by Access Type
10.1 Standard Interface.
10.2 Multimodal Interface
11. Global Automotive Human Machine Interaction Market Segmentation, by Interface Type
11.1 Visual
11.2 Acoustic
12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 North America Global Automotive Human Machine Interaction Market by country
12.2.2North America Global Automotive Human Machine Interaction Market by Product
12.2.3 North America Global Automotive Human Machine Interaction Market by Vehicle Type
12.2.4 North America Global Automotive Human Machine Interaction Market by Access Type
12.2.5 North America Global Automotive Human Machine Interaction Market by Interface Type
12.2.6 USA
12.2.6.1 USA Global Automotive Human Machine Interaction Market by Product
12.2.6.2 USA Global Automotive Human Machine Interaction Market by Vehicle Type
12.2.6.3 USA Global Automotive Human Machine Interaction Market by Access Type
12.2.6.4 USA Global Automotive Human Machine Interaction Market by Interface Type
12.2.7 Canada
12.2.7.1 Canada Global Automotive Human Machine Interaction Market by Product
12.2.7.2 Canada Global Automotive Human Machine Interaction Market by Vehicle Type
12.2.7.3 Canada Global Automotive Human Machine Interaction Market by Access Type
12.2.7.4 Canada Global Automotive Human Machine Interaction Market by Interface Type
12.2.8 Mexico
12.2.8.1 Mexico Global Automotive Human Machine Interaction Market by Product
12.2.8.2 Mexico Global Automotive Human Machine Interaction Market by Vehicle Type
12.2.8.3 Mexico Global Automotive Human Machine Interaction Market by Access Type
12.2.8.4 Mexico Global Automotive Human Machine Interaction Market by Interface Type
12.3 Europe
12.3.1 Europe Global Automotive Human Machine Interaction Market by country
1.3.3.2 Europe Global Automotive Human Machine Interaction Market by Product
12.3.3 Europe Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.4 Europe Global Automotive Human Machine Interaction Market by Access Type
12.3.5 Europe Global Automotive Human Machine Interaction Market by Interface Type
12.3.6 Germany
12.3.6.1 Germany Global Automotive Human Machine Interaction Market by Product
12.3.6.2 Germany Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.6.3 Germany Global Automotive Human Machine Interaction Market by Access Type
12.3.6.4 Germany Global Automotive Human Machine Interaction Market by Interface Type
12.3.7 UK
12.3.7.1 UK Global Automotive Human Machine Interaction Market by Product
12.3.7.2 UK Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.7.3 UK Global Automotive Human Machine Interaction Market by Access Type
12.3.7.4 UK Global Automotive Human Machine Interaction Market by Interface Type
12.3.8 France
12.3.8.1 France Global Automotive Human Machine Interaction Market by Product
12.3.8.2 France Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.8.3 France Global Automotive Human Machine Interaction Market by Access Type
12.3.8.4 France Global Automotive Human Machine Interaction Market by Interface Type
12.3.9 Italy
12.3.9.1 Italy Global Automotive Human Machine Interaction Market by Product
12.3.9.2 Italy Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.9.3 Italy Global Automotive Human Machine Interaction Market by Access Type
12.3.9.4 Italy Global Automotive Human Machine Interaction Market by Interface Type
12.3.10 Spain
12.3.10.1 Spain Global Automotive Human Machine Interaction Market by Product
12.3.10.2 Spain Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.10.3 Spain Global Automotive Human Machine Interaction Market by Access Type
12.3.10.4 Spain Global Automotive Human Machine Interaction Market by Interface Type
12.3.11 The Netherlands
12.3.11.1 Netherlands Global Automotive Human Machine Interaction Market by Product
12.3.11.2 Netherlands Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.11.3 Netherlands Global Automotive Human Machine Interaction Market by Access Type
12.3.11.4 Netherlands Global Automotive Human Machine Interaction Market by Interface Type
12.3.12 Rest of Europe
12.3.12.1 Rest of Europe Global Automotive Human Machine Interaction Market by Product
12.3.12.2 Rest of Europe Global Automotive Human Machine Interaction Market by Vehicle Type
12.3.12.3 Rest of Europe Global Automotive Human Machine Interaction Market by Access Type
12.3.12.4 Rest of Europe Global Automotive Human Machine Interaction Market by Interface Type
12.4 Asia-Pacific
12.4.1 Asia Pacific Global Automotive Human Machine Interaction Market by country
12.4.2 Asia Pacific Global Automotive Human Machine Interaction Market by Product
12.4.3 Asia Pacific Global Automotive Human Machine Interaction Market by Vehicle Type
12.4.4Asia Pacific Global Automotive Human Machine Interaction Market by Access Type
12.4.5Asia Pacific Global Automotive Human Machine Interaction Market by Interface Type
12.4.6 Japan
12.4.6.1 Japan Global Automotive Human Machine Interaction Market by Product
12.4.6.2 Japan Global Automotive Human Machine Interaction Market by Vehicle Type
12.4.6.3 Japan Global Automotive Human Machine Interaction Market by Access Type
12.4.6.4 Japan Global Automotive Human Machine Interaction Market by Interface Type
12.4.7 South Korea
12.4.7.1 South Korea Global Automotive Human Machine Interaction Market by Product
12.4.7.2 South Korea Global Automotive Human Machine Interaction Market by Vehicle Type
12.4.7.3 South Korea Global Automotive Human Machine Interaction Market by Access Type
12.4.7.4 South Korea Global Automotive Human Machine Interaction Market by Interface Type
12.4.8 China
12.4.8.1 China Global Automotive Human Machine Interaction Market by Product
12.4.8.2 China Global Automotive Human Machine Interaction Market by Vehicle Type
12.4.8.3 China Global Automotive Human Machine Interaction Market by Access Type
12.4.8.4 China Global Automotive Human Machine Interaction Market by Interface Type
12.4.9 India
12.4.9.1 India Global Automotive Human Machine Interaction Market by Product
12.4.9.2 India Global Automotive Human Machine Interaction Market by Vehicle Type
12.4.9.3 India Global Automotive Human Machine Interaction Market by Access Type
12.4.9.4 India Global Automotive Human Machine Interaction Market by Interface Type
12.4.10 Australia
12.4.10.1 Australia Global Automotive Human Machine Interaction Market by Product
12.4.10.2 Australia Global Automotive Human Machine Interaction Market by Vehicle Type
12.4.10.3 Australia Global Automotive Human Machine Interaction Market by Access Type
12.4.10.4 Australia Global Automotive Human Machine Interaction Market by Interface Type
12.4.11 Rest of Asia-Pacific
12.4.11.1 APAC Global Automotive Human Machine Interaction Market by Product
12.4.11.2 APAC Global Automotive Human Machine Interaction Market by Vehicle Type
12.4.11.3 APAC Global Automotive Human Machine Interaction Market by Access Type
12.4.11.4 APAC Global Automotive Human Machine Interaction Market by Interface Type
12.5 The Middle East & Africa
12.5.1 The Middle East & Africa Global Automotive Human Machine Interaction Market by country
12.5.2 The Middle East & Africa Global Automotive Human Machine Interaction Market by Product
12.5.3 The Middle East & Africa Global Automotive Human Machine Interaction Market by Vehicle Type
12.5.4The Middle East & Africa Global Automotive Human Machine Interaction Market by Access Type
12.5.5 The Middle East & Africa Global Automotive Human Machine Interaction Market by Interface Type
12.5.6 Israel
12.5.6.1 Israel Global Automotive Human Machine Interaction Market by Product
12.5.6.2 Israel Global Automotive Human Machine Interaction Market by Vehicle Type
12.5.6.3 Israel Global Automotive Human Machine Interaction Market by Access Type
12.5.6.4 Israel Global Automotive Human Machine Interaction Market by Interface Type
12.5.7 UAE
12.5.7.1 UAE Global Automotive Human Machine Interaction Market by Product
12.5.7.2 UAE Global Automotive Human Machine Interaction Market by Vehicle Type
12.5.7.3 UAE Global Automotive Human Machine Interaction Market by Access Type
12.5.7.4 UAE Global Automotive Human Machine Interaction Market by Interface Type
12.5.8 South Africa
12.5.8.1 South Africa Global Automotive Human Machine Interaction Market by Product
12.5.8.2 South Africa Global Automotive Human Machine Interaction Market by Vehicle Type
12.5.8.3 South Africa Global Automotive Human Machine Interaction Market by Access Type
12.5.8.4 South Africa Global Automotive Human Machine Interaction Market by Interface Type
12.5.9 Rest of Middle East & Africa
12.5.9.1 Rest of Middle East & Asia Global Automotive Human Machine Interaction Market by Product
12.5.9.2 Rest of Middle East & Asia Global Automotive Human Machine Interaction Market by Vehicle Type
12.5.9.3 Rest of Middle East & Asia Global Automotive Human Machine Interaction Market Access Type
12.5.9.4 Rest of Middle East & Asia Global Automotive Human Machine Interaction Market by Interface Type
12.6 Latin America
12.6.1 Latin America Global Automotive Human Machine Interaction Market by country
12.6.2 Latin America Global Automotive Human Machine Interaction Market by Product
12.6.3 Latin America Global Automotive Human Machine Interaction Market by Vehicle Type
12.6.4 Latin America Global Automotive Human Machine Interaction Market by Access Type
12.6.5 Latin America Global Automotive Human Machine Interaction Market by Interface Type
12.6.6 Brazil
12.6.6.1 Brazil Global Automotive Human Machine Interaction Market by Product
12.6.6.2 Brazil Africa Global Automotive Human Machine Interaction Market by Vehicle Type
12.6.6.3 Brazil Global Automotive Human Machine Interaction Market by Access Type
12.6.6.4 Brazil Global Automotive Human Machine Interaction Market by Interface Type
12.6.7 Argentina
12.6.7.1 Argentina Global Automotive Human Machine Interaction Market by Product
12.6.7.2 Argentina Global Automotive Human Machine Interaction Market by Vehicle Type
12.6.7.3 Argentina Global Automotive Human Machine Interaction Market by Access Type
12.6.7.4 Argentina Global Automotive Human Machine Interaction Market by Interface Type
12.6.8 Rest of Latin America
12.6.8.1 Rest of Latin America Global Automotive Human Machine Interaction Market by Product
12.6.8.2 Rest of Latin America Global Automotive Human Machine Interaction Market by Vehicle Type
12.6.8.3 Rest of Latin America Global Automotive Human Machine Interaction Market by Access Type
12.6.8.4 Rest of Latin America Global Automotive Human Machine Interaction Market by Interface Type
13. Company Profile
13.1 Bosch
13.1.1 Market Overview
13.1.2 Financials
13.1.3 Treatment/Services/Offerings
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Valeo
13.2.1 Market Overview
13.2.2 Financials
13.2.3 Treatment/Services/Offerings
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Panasonic Corporation
13.3.1 Market Overview
13.3.2 Financials
13.3.3 Treatment/Services/Offerings
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 Alpine Electronics
13.4.1 Market Overview
13.4.2 Financials
13.4.3 Treatment/Services/Offerings
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Visteon Corporation
13.5.1 Market Overview
13.5.2 Financials
13.5.3 Treatment/Services/Offerings
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Harman
13.6.1 Market Overview
13.6.2 Financials
13.6.3 Treatment/Services/Offerings
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Denso Corporation
13.7.1 Market Overview
13.7.2 Financials
13.7.3 Treatment/Services/Offerings
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Continental AG
13.8.1 Market Overview
13.8.2 Financials
13.8.3 Treatment/Services/Offerings
13.8.4 SWOT Analysis
13.8.5 The SNS View
14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
15. Conclusion
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