• How is Growing Penetration of Connected Cars Driving Indian Automotive Human-Machine Interface Market?

    To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/automotive-hmi-market/report-sample

    The global automotive human-machine interface (HMI) market attained revenue of $18,822.3 million in 2019 and is predicted to reach a valuation of $55,318.4 million by 2030, exhibiting a CAGR of 10.8% from 2020 to 2030. The main factors fueling the progress of the market are the development of electric, autonomous, and connected vehicles and the increasing measures being taken by various regulatory bodies and governments for integrating safety features and systems in vehicles.

    Based on product, the automotive HMI market is divided into heads-up displays, steering-mounted controls, multifunction switches, central displays, voice recognition systems, gesture recognition systems, instrument clusters, and rear-entertainment units. Out of these categories, the heads-up displays division is predicted to register the fastest volumetric growth in the market in the coming years.

    This is because of the fact that a large number of mid- and premium-priced automobile manufacturers are incorporating heads-up displays in their vehicles and providing these systems as safety features to the buyers. The heads-up displays are used for displaying vital data and information such as system warnings, multimedia information, and driving status.
    How is Growing Penetration of Connected Cars Driving Indian Automotive Human-Machine Interface Market? To receive free sample pages of this report@ https://www.psmarketresearch.com/market-analysis/automotive-hmi-market/report-sample The global automotive human-machine interface (HMI) market attained revenue of $18,822.3 million in 2019 and is predicted to reach a valuation of $55,318.4 million by 2030, exhibiting a CAGR of 10.8% from 2020 to 2030. The main factors fueling the progress of the market are the development of electric, autonomous, and connected vehicles and the increasing measures being taken by various regulatory bodies and governments for integrating safety features and systems in vehicles. Based on product, the automotive HMI market is divided into heads-up displays, steering-mounted controls, multifunction switches, central displays, voice recognition systems, gesture recognition systems, instrument clusters, and rear-entertainment units. Out of these categories, the heads-up displays division is predicted to register the fastest volumetric growth in the market in the coming years. This is because of the fact that a large number of mid- and premium-priced automobile manufacturers are incorporating heads-up displays in their vehicles and providing these systems as safety features to the buyers. The heads-up displays are used for displaying vital data and information such as system warnings, multimedia information, and driving status.
    0 Comments 0 Shares 13442 Views
Sponsored
Sponsored