Global Automotive Human Machine Interface (HMI) Solutions Market to Reach $93 Billion by 2030
The global market for Automotive Human Machine Interface (HMI) Solutions estimated at US$30.7 Billion in the year 2022, is projected to reach a revised size of US$93 Billion by 2030, growing at a CAGR of 14.9% over the analysis period 2022-2030. Standard HMI, one of the segments analyzed in the report, is projected to record 14.2% CAGR and reach US$56.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Multimodal HMI segment is readjusted to a revised 16.1% CAGR for the next 8-year period.
The U.S. Market is Estimated at $8.4 Billion, While China is Forecast to Grow at 19.7% CAGR
The Automotive Human Machine Interface (HMI) Solutions market in the U.S. is estimated at US$8.4 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$21.6 Billion by the year 2030 trailing a CAGR of 19.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 10.5% and 13.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 11.9% 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.
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- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
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Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 198 |
Published | May 2024 |
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 |