Global Automotive Human Machine Interface (HMI) Solutions Market to Reach $61.8 Billion by 2027
In the changed post COVID-19 business landscape, the global market for Automotive Human Machine Interface (HMI) Solutions estimated at US$25.6 Billion in the year 2020, is projected to reach a revised size of US$61.8 Billion by 2027, growing at a CAGR of 13.4% over the analysis period 2020-2027. Standard HMI, one of the segments analyzed in the report, is projected to record 12.9% CAGR and reach US$38.4 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multimodal HMI segment is readjusted to a revised 14.3% CAGR for the next 7-year period.The U.S. Market is Estimated at $7 Billion, While China is Forecast to Grow at 16.3% CAGR
The Automotive Human Machine Interface (HMI) Solutions market in the U.S. is estimated at US$7 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$13.1 Billion by the year 2027 trailing a CAGR of 17.3% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 7.7% and 10.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.3% CAGR.Select Competitors (Total 52 Featured) -
- ALPS ELECTRIC Co., LTD.
- Altran UK
- Atmel Corporation
- Continental AG
- Cypress Semiconductor Corporation
- DENSO Corporation
- EAO AG
- Elektrobit Automotive GmbH
- Faurecia
- Luxoft
- Magneti Marelli S.p.A
- Nippon Seiki Co., Ltd
- Nuance Communications Inc.
- Panasonic Corp.
- Rightware Corporation
- Robert Bosch GmbH
- Synaptics Inc.
- Tata Elxsi Limited
- Texas Instruments Inc.
- Valeo
- Visteon Corporation
- VoiceBox Technologies, Inc.
What`s New for 2022?
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
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Report Attribute | Details |
---|---|
No. of Pages | 198 |
Published | October 2022 |
Forecast Period | 2020 - 2027 |
Estimated Market Value ( USD | $ 25.6 Billion |
Forecasted Market Value ( USD | $ 61.8 Billion |
Compound Annual Growth Rate | 13.4% |
Regions Covered | Global |
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned
A selection of companies mentioned in this report includes:
- ALPS ELECTRIC Co., LTD.
- Altran UK
- Atmel Corporation
- Continental AG
- Cypress Semiconductor Corporation
- DENSO Corporation
- EAO AG
- Elektrobit Automotive GmbH
- Faurecia
- Luxoft
- Magneti Marelli S.p.A
- Nippon Seiki Co., Ltd
- Nuance Communications Inc.
- Panasonic Corp.
- Rightware Corporation
- Robert Bosch GmbH
- Synaptics Inc.
- Tata Elxsi Limited
- Texas Instruments Inc.
- Valeo
- Visteon Corporation
- VoiceBox Technologies, Inc.