Automotive HMI Market Size, Share Global Analysis Report, 2021 – 2026

Industry Insights

[197+ Pages report] According to Facts and Factors, the global automotive HMI market was valued at roughly USD 21.04 billion in 2020 and is predicted to create revenue of roughly USD 41.04 billion by the end of 2026, with a CAGR of roughly 11.78% between 2021 and 2026.

Market Overview       

Automotive connectivity solutions have advanced dramatically in recent years, and the connected vehicle ecosystem is now transforming the driving experience. Increasing demand for safe driving, personalized in-vehicle digital systems, and evolving connectivity trends such as V2X, predictive maintenance, and OTA updates are transforming vehicles into smart machines that connect the driver and passengers to the outside world. To achieve this level of flexibility in a connected vehicle environment, new-generation automotive HMI solutions must be far more sophisticated, significant, and contextual for users.

All modern vehicles are outfitted with various HMI technologies. The advancement of connectivity solutions, low-cost HMI software, and enhanced UX has increased its demand in the automotive market. Their sophistication, applications, and features continue to improve as we move up the economic segments of automobiles. In the automotive environment, human-machine interfaces are incorporated into every possible touchpoint and assist drivers and passengers in controlling infotainment, connectivity solutions, and ADAS applications.

Industry Growth Factors

The rapid digitization of automobiles, combined with advancements in virtual reality (VR), augmented reality (AR), internet of things (IoT) technologies, and connectivity, their incorporation in HMI solutions, is assisting the growth of the automotive HMI market. Furthermore, rising disposable income and the growing trend of connected and autonomous vehicles are expected to drive the global automotive HMI market during the forecast period. The rapid adoption of COVID-19 has had a significant impact on the global automotive industry and, as a result, the automotive human-machine interface (HMI) market. Many market participants have been forced to halt operations due to the pandemic. This pause in operations has a direct impact on the revenue flow of global automotive HMI market participants. The COVID-19 outbreak is expected to hasten market consolidation and transformation, particularly in more fragmented countries such as China and India.

Segmentation Analysis

The global automotive HMI market is segregated based on product, technology, function type, end-user, and region.

Central display, instrument cluster, voice control system, head-Up Display (HUD), steering mounted control, multifunction switches, and Rear Seat Entertainment (RSE) make up the product segment of the global automotive HMI industry.  The global automotive HMI market can be divided into the visual interface, acoustic interface, and others based on the technology. Based on function type, the global automotive HMI industry is categorized into primary HMI and secondary HMI. Economic passenger cars, mid-priced passenger cars, and luxury passenger cars are the end-user segment of the global automotive HMI market.

Regional Analysis

Because of the rapid increase in demand for HMI in high-end vehicles in this region, Asia-Pacific leads the automotive human-machine interfaces (HMI) market. North America is expected to grow at a rapid pace from 2021 to 2026, owing to increased sales of luxury vehicles, which will result in increased HMI installation in the region.

The second-largest market for automotive HMI is Europe. Demand is expected to be fuelled in the near future by developed nations such as Germany, France, and Italy, among others. Because of its massive automotive and ancillary industries, Germany is Europe's largest economy. Italy, along with other markets such as Switzerland and Russia, leads Germany.

Report Scope

Competitive Players

Some main participants of the global automotive HMI market are:

• Synaptics Incorporated
• Harman International Industries Inc.
• Luxoft Holding Inc
• Continental AG
• Alpine Electronics Inc.
• Visteon Corp.
• Valeo S.A.
• Delphi Automotive PLC
• Magneti Marelli S.P.A.
• Altran Technologies SA
• Voicebox Technologies
• Clarion Co. Ltd.

The global automotive HMI market is segmented as follows:

By Product:

• Central Display
• Instrument Cluster
• Voice Control System
• Head-Up Display (HUD)
• Steering Mounted control
• Multifunction Switches
• Rear Seat Entertainment (RSE)

By Technology:

• Visual Interface
• Acoustic Interface
• Others

By Function Type:

• Primary HMI
• Secondary HMI

By End User:

• Economic Passenger Cars
• Mid-Priced Passenger Cars
• Luxury Passenger Cars

Automotive HMI Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • UK
  • France
  • Germany
  • Italy
  • Spain
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East and Africa
  • GCC Countries
  • South Africa
  • Rest of MEA