Lucintel Forecasts Automotive Hmi (human Machine Interface) Market To Reach $28.4 Billion By 2026

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According to the recent study the automotive HMI (Human Machine Interface) market is projected to reach an estimated $28.4 billion by 2026 from $15.6 billion in 2020, at a CAGR of 10.5% from 2020 to 2026. Growth in this market is primarily driven by increasing consumer demand for in-vehicle safety features, OEM efforts to lead in the adoption of connected and autonomous vehicles, and strong recovery in automotive production.
Browse 131 figures / charts and 115 tables in this 229 -page report to understand trends, opportunities and forecast in automotive HMI (Human Machine Interface) market by product (central display, voice control system, and steering mounted control, instrument cluster, head-up display (HUD), rear seat entertainment (RSE), and multifunction switch), end use (passenger cars, light commercial vehicles, and electric vehicles), technology (visual interface, acoustic Interface, and others), access type (standard HMI, and multimodal HMI), function type (primary HMI, and secondary HMI.
Download sample report and view detailed Table of Content by clicking on below link https://www.lucintel.com/automotive-human-machine-interface-market.aspx ...
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“Central display market is expected to remain the largest segment during the forecast period.”
Based on product, the automotive HMI (Human Machine Interface) market is segmented into central display, voice control system, and steering mounted control, instrument cluster, head-up display (HUD), rear seat entertainment (RSE), and multifunction switch. Lucintel forecasts that the central display is expected to witness the largest segment over the forecast period due to continuous innovation in display technologies, followed by reduced cost of automotive displays.
“Within the automotive HMI (Human Machine Interface) market, the visual interface segment is expected to remain the largest end use industry”
Based on technology, the visual interface segment is expected to witness the highest growth over the forecast period due to growing demand for autonomous and electric vehicles, and integration of different display systems.
“Asia Pacific will dominate the automotive HMI (Human Machine Interface) market in near future”
Asia Pacific is expected to be the largest region and it is also expected to witness the highest growth over the forecast period.
Download Brochure of this report by clicking on https://www.lucintel.com/automotive-human-machine-interface-market.aspx
Major players of automotive HMI (Human Machine Interface) market are adopting various growth strategies like new product launches, expansions, merger and acquisitions, partnerships, agreements, and collaborations to expand their presence in this market. Continental AG, Visteon Corporation, Robert Bosch, and Valeo are among the major automotive HMI (Human Machine Interface) providers.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/automotive-human-machine-interface-market.aspx or helpdesk@lucintel.com
About Lucintel
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Lucintel
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