Focus on greater driver assistance systems, growing demand for enhanced user experience and improved real-time monitoring of vehicle for the driver have fueled the growth of global automotive HMI market

PORTLAND, Oregon, April 4, 2019 /PRNewswire/ -- Allied Market Research recently published a report, titled, "Automotive HMI Market by Product (Central Display, Instrument Cluster, Head-up Display, and Others) and Technology (Visual Interface, Acoustic, Mechanical, and Others): Global Opportunity Analysis and Industry Forecast, 2018 – 2025." According to the report, the global automotive HMI market contributed to $14.8 billion in 2017 and is projected to reach $33.5 billion by 2025, growing at a CAGR of 11.1% during the forecast period, 2018-2025. The report offers a detailed analysis of drivers & opportunities, changing market trends, competitive landscape, key segments, and market size & estimations.

Focus on greater driver assistance systems, growing demand for enhanced user experience and improved real-time monitoring of vehicle for the driver have fueled the growth of global automotive HMI market. On the other hand, high costs associated with HMI products have happened to retrain the growth to some extent. However, enhancement in vehicle controls and smart access have created multiple opportunities in the segment.

Flat 20% Discount on this report (valid till 20th April 2019)

Purchase Now: https://www.alliedmarketresearch.com/checkout/51956

Central display to maintain its leadership status by 2025

Based on product type, central display accounted for more than two-fifth of the total market in 2017 and is expected to dominate during the forecast period. This is due to the integrated approach of displaying contents of infotainment systems and connected platforms. The head-up display segment is anticipated to grow at a CAGR of 12.8% throughout the period, thereby coming out as the fastest growing segment.

Visual Interface to dominate during the period

Based on technology, visual interface contributed to nearly four-fifth of the market in 2017 and will retain its top status all throughout 2018-2025. The integrated primary display systems and better visualization of data gathered through sensors and ADAS systems have spurred the growth.

Asia-Pacific to contribute the major share by 2025

Based on region, Asia-Pacific held the major share in the market in terms of revenue in 2017, contributing more than one-fourth of the total share, owing to rise in ADAS and autonomous driving capability along with enhancement in vehicle interiors. North America is expected to grow at the highest CAGR of 11.9% throughout the tenure. Increase in sales of vehicles in the region along with rise in per-capita purchase power of people have acted as the prime reasons for high market share in the province.

Download Sample Report: https://www.alliedmarketresearch.com/request-sample/4764

Key market players

The key players analyzed in the report include Robert Bosch GmbH, Visteon Corporation, Alpine Electronics, Inc., Samsung Electronics Co. Ltd., Harman International Industries, Inc., Panasonic Corporation, Valeo, Clarion Co. Ltd., Continental AG, Nuance Communications Inc., and Nuance Communications, Inc. They have adopted different strategies including collaborations, joint ventures, partnerships, expansions, mergers & acquisitions, and others to gain a strong position in the industry.

Access KNOWLEDGE TREE (Premium on-demand, subscription-based pricing model) at: https://www.alliedmarketresearch.com/knowledgetree

Knowledge tree is a cloud-based intelligence platform that offers more than 2,000 selective, off-the-shelf reports on niche markets to enable our clients gain deep insights on the latest trends, dynamic technologies, and emerging application areas.

Similar Reports:

Automotive AR and VR Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

In 2017, by type, the augmented reality segment dominated the global automotive AR and VR market, in terms of revenue. In addition, based on application, the R&D segment is expected to continue its lead throughout the forecast period. At present, North America is the highest revenue contributor and is expected to maintain its lead throughout the forecast period, followed by Asia-Pacific, Europe, and LAMEA.

Automotive Door Panel Market: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

Based on mode of operation, the front-hinged door segment dominated the global automotive door panel market in 2017, in terms of revenue. Furthermore, based on vehicle type, the passenger cars segment led the global market, followed by LCVs in 2017. At present, the OEM segment dominates the market and is expected to maintain its lead throughout the forecast period (2018‐2025).

About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:

David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
help@alliedmarketresearch.com
Web: https://www.alliedmarketresearch.com

Logo: https://mma.prnewswire.com/media/636519/Allied_Market_Research_Logo.jpg

SOURCE Allied Market Research