Lucintel’s latest market report analyzed that automotive HMI (Human Machine Interface) provides attractive opportunities in the passenger cars, light commercial vehicles, and electric vehicles markets. The automotive HMI (Human Machine Interface) market is expected to reach $28.4 billion by 2026 with a CAGR of 10.5%. In this market, central display is the largest segment by product, whereas visual interface is largest by end use industry.
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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. The central display segment is accounted for the largest share of the market in 2020 due to continuous innovation in display technologies, followed by reduced cost of automotive displays.
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The automotive HMI (Human Machine Interface) market is marked by the presence of several big and small players. Some of the prominent players offering automotive HMI (Human Machine Interface) include Continental AG, Visteon Corporation, Robert Bosch, and Valeo.
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