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Global Automotive Human Machine Interface Market Forecast to Grow at 11.25% CAGR Over the Period 2014-2019

Reviewed

Apr 17 2015

Research and Markets has announced the addition of the "Global Automotive Human Machine Interface (HMI) Market 2015-2019" report to their offering.

The Global Automotive Human Machine Interface market to grow at a CAGR of 11.25% over the period 2014-2019

HMI systems are a combination of software and hardware that provide an interface between automated systems and humans by using HMI software or HMI panels. It helps operators interact with automated systems in vehicles and understand the plant floor automation process. HMIs are widely used in high-end vehicles and are expected to be introduced into low-cost vehicles over the coming years. They provide inputs and monitor, control, and check various parameters of control systems in vehicles. The Global Automotive Human Machine Interface market is currently experiencing a rapid growth. The majority of the market growth stems from the Americas.

This report considers 2014 as the base year and provides data for the 12 trailing months. It also presents the vendor landscape and a corresponding detailed analysis of the top five vendors. In addition, the report discusses the major drivers that influence the growth of the Global Automotive Human Machine Interface market. It also outlines the challenges faced by the vendors and the market at large, as well as the key trends that are emerging in the market

One of the key trends in the market is the increased demand for automotive infotainment, which has resulted in a high demand for HMI systems. Infotainment devices used for communication, entertainment and navigation will influence the demand for telematics devices, ultimately leading to an increased market growth.

According to the report, technological innovations being offered by HMI system vendors are a major driver that is expected to boost the market growth in the next five years. Vendors have started incorporating new ideas and innovations into the existing systems, so as to make a strong hold in the competitive market.

Further, the report states that infotainment may also cause distraction to drivers, which has become a major challenge for the vendors. Infotainment, which is a source of relaxation during tedious journeys may cause distraction while driving and hence vendors will need to ensure that integration of HMI systems in a vehicle should cause minimal distraction.

Key Vendors