Press Release

Automotive HMI Market Predictions by 2025: Growth Drivers and Trends

The global automotive HMI market generated $14.8 billion in 2017 and is expected to garner $33.5 billion by 2025, registering a CAGR of 11.1% during the forecast period, 2018-2025.

The growth of the global automotive HMI market is driven by the increasing demand for improved real-time monitoring of vehicle for the driver and enhanced user experience, along with a rise in focus on greater driver assistance systems. Additionally, enhancement in vehicle controls and smart access would provide lucrative opportunities to emerging market players in the near future. However, high costs associated with HMI products restrain the market growth.

Download Sample at: https://www.alliedmarketresearch.com/request-sample/4764

By product type, the central display segment generated more than two-fifths of the overall revenue in 2017 and is expected to continue its dominance through 2025. This is attributed to the integrated approach of displaying contents of infotainment systems and connected platforms. However, the head-up display segment is projected to register the highest CAGR of 12.8% during the forecast period.

Based on technology, the visual interface segment occupied nearly four-fifths of the total market share in 2017 and is poised to retain its top status through 2025. This is due to better visualization of data gathered through sensors & ADAS systems in integrated primary display systems.

Regionally, North America is poised to grow at the highest CAGR of 11.9% from 2018 to 2025, due to increase in sales of vehicles in the region along with surge in per-capita purchase power of consumers. However, Asia-Pacific is anticipated to retain its highest share in the global market through 2025, owing to rise in ADAS and autonomous driving capability along with enhancement in vehicle interiors in the region.

Inquire more about the report: https://www.alliedmarketresearch.com/purchase-enquiry/4764

The key players analyzed in the report include Robert Bosch GmbH, Visteon Corporation, Alpine Electronics, Inc., Samsung Electronics Co. Ltd. (Harman International Industries, Inc.), Panasonic Corporation, Valeo, Clarion Co. Ltd., Continental AG, and Nuance Communications, Inc. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
Toll-Free (USA/Canada):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1-855-550-5975
[email protected]
Web: https://www.alliedmarketresearch.com

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.