Automotive Human Machine Interface Market by Solution and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR70725
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The automotive human machine interface market has the potential to grow by $ 527.75 mn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 7.66%.

This automotive human machine interface market analysis report entails exhaustive statistical qualitative and quantitative data on Geography (North America, Europe, APAC, MEA, and South America) and Solution (Hardware and Software and Services) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Automotive Human Machine Interface Market Size be in 2021?

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Automotive Human Machine Interface Market: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the high co-relation between consumer electronics and hmi system with components generating economies of scale are notably supporting the automotive human machine interface market growth. On the other hand, factors such as design complexity and standardization of hmi systems have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic automotive human machine interface market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Automotive Human Machine Interface Market Vendors?

The automotive human machine interface market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

  • Airbiquity Inc.
  • Alps Alpine Co. Ltd.
  • Continental AG
  • DENSO Corp.
  • Elektrobit Automotive GmbH
  • Panasonic Corp.
  • Robert Bosch GmbH
  • Samsung Electronics Co. Ltd.
  • Valeo SA
  • Visteon Corp.

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The automotive human machine interface market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

Furthermore, our research experts have outlined the magnitude of the economic impact on each segment and recovery expectations post pandemic. To recover from post COVID-19 impact, market vendors should create strategies to grab business opportunities from the fast-growing segments, while refining their scope of growth in the slow-growing ones.

For insights on complete key vendor profiles, download a free sample of the automotive human machine interface market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Automotive Human Machine Interface Market?

Automotive Human Machine Interface Market Share by Geography

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39% of the market’s growth will originate from North America during the forecast period. US, Japan, Germany, China, and UK are the key markets for automotive human machine interface market in North America.

North America has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in North America is integration of smartphones with vehicles boosting demand for hmi. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Geography Segments in the Automotive Human Machine Interface Market?

Automotive Human Machine Interface Market Share by Geography

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The automotive human machine interface market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The automotive human machine interface market share growth by the __ segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive human machine interface market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

Automotive Human Machine Interface Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 7.66%

Market growth 2021-2025

$ 527.75 million

Market structure

Fragmented

YoY growth (%)

5.35

Regional analysis

North America, Europe, APAC, MEA, and South America

Performing market contribution

North America at 39%

Key consumer countries

US, Japan, Germany, China, and UK

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Airbiquity Inc., Alps Alpine Co. Ltd., Continental AG, DENSO Corp., Elektrobit Automotive GmbH, Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Valeo SA, and Visteon Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Automotive Human Machine Interface Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive human machine interface market growth during the next five years
  • Precise estimation of the automotive human machine interface market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive human machine interface market across North America, Europe, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive human machine interface market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Solution

    • Market segments
    • Comparison by Solution
    • Hardware - Market size and forecast 2020-2025
    • Software and services - Market size and forecast 2020-2025
    • Market opportunity by Solution

    Customer landscape

      Geographic Landscape

      • Geographic segmentation
      • Geographic comparison
      • North America - Market size and forecast 2020-2025
      • Europe - Market size and forecast 2020-2025
      • APAC - Market size and forecast 2020-2025
      • MEA - Market size and forecast 2020-2025
      • South America - Market size and forecast 2020-2025
      • Key leading countries
      • Market opportunity by geography
      • Market drivers
      • Market challenges
      • Market trends

      Vendor Landscape

      • Vendor landscape
      • Landscape disruption

      Vendor Analysis

      • Vendors covered
      • Market positioning of vendors
      • Airbiquity Inc.
      • Alps Alpine Co. Ltd.
      • Continental AG
      • DENSO Corp.
      • Elektrobit Automotive GmbH
      • Panasonic Corp.
      • Robert Bosch GmbH
      • Samsung Electronics Co. Ltd.
      • Valeo SA
      • Visteon Corp.

      Appendix

      • Scope of the report
      • Currency conversion rates for US$
      • Research methodology
      • List of abbreviations

      Research Framework

      Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

      TechnavioINFORMATION SOURCES

      Primary sources

      • Manufacturers and suppliers
      • Channel partners
      • Industry experts
      • Strategic decision makers

      Secondary sources

      • Industry journals and periodicals
      • Government data
      • Financial reports of key industry players
      • Historical data
      • Press releases
      Technavio

      TechnavioDATA ANALYSIS

      Data Synthesis

      • Collation of data
      • Estimation of key figures
      • Analysis of derived insights

      Data Validation

      • Triangulation with data models
      • Reference against proprietary databases
      • Corroboration with industry experts
      Technavio

      TechnavioREPORT WRITING

      Qualitative

      • Market drivers
      • Market challenges
      • Market trends
      • Five forces analysis

      Quantitative

      • Market size and forecast
      • Market segmentation
      • Geographical insights
      • Competitive landscape
      Interested in this report?
      Get your FREE sample now!
      The automotive human machine interface market growth will increase by $527.75 million during 2020-2025.
      The automotive human machine interface market is expected to grow at a CAGR of 7.66% during 2020-2025.
      Technavio has segmented the automotive human machine interface market by solution (Hardware and Software and services) and geographic (North America, Europe, APAC, MEA, and South America).
      Airbiquity Inc., Alps Alpine Co. Ltd., Continental AG, DENSO Corp., Elektrobit Automotive GmbH, Panasonic Corp., Robert Bosch GmbH, Samsung Electronics Co. Ltd., Valeo SA, Visteon Corp. are a few of the key vendors in the automotive human machine interface market.
      North America will register the highest growth rate of 39.24% among the other regions. Therefore, the automotive human machine interface market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
      The key factors driving the automotive human machine interface market growth are:
      • High co-relation between consumer electronics and HMI system with components generating economies of scale
      The automotive human machine interface market vendors should focus on grabbing business opportunities from the hardware segment as it accounted for the largest market share in the base year.
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