- The key vendors in the Global Automotive Human Machine Interface Market 2015-2019 are Delphi Automotive plc, Johnson Controls Inc., Magneti Marelli SpA and Valeo SA
London, 24 February 2015: TechNavio, an independent tech-focused global research firm, has announced the publication of its market research report on the Global Automotive Human Machine Interface Market 2015-2019. Advanced systems that were widely accepted in high-end vehicles are being introduced in low-cost vehicles as well. One of the major trends is an increase in automobile production and the increased usage of infotainment devices in this regard. Increasing penetration of Human Machine Interface (HMI) systems in the Low-cost Cars segment has resulted in low-cost navigation systems and the integration of smartphone apps in cars. The overall market is expected to grow at a CAGR of 11.25 percent during the forecast period of 2014-2019.
Suppliers such as Continental and Robert Bosch are working closely with OEMs to develop low-cost systems for the Medium-sized Cars and Compact Cars segment because these segments are helping HMI systems vendors to attain economies of scale and reduce the price of HMI systems.
“Infotainment devices are used for communication, entertainment, and navigation and are expected to influence the demand for telematics devices, which will lead to increased market growth of HMI systems,” says Faisal Ghaus, Vice President of TechNavio Research.
“Compact and low cost segment cars equipped with automated manual transmission (AMT) and advanced HMI systems are expected to account for nearly half of the sales in the segment in the forecasted period.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
