Automotive HMI Market Future Estimations Till 2030

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 With the soaring deployment of electric vehicles in several countries, due to the escalating air pollution levels and the rapid environmental degradation, the demand for automotive human-machine interface (HMI) is growing sharply around the world. Moreover, the increasing focus on energy conservation and the surging prices of fossil fuels are massively boosting the popularity of electric vehicles all over the world. Electric vehicles are equipped with various automotive HMIs such as heads-up display, advanced infotainment systems, and rear-seat entertainment units.

Automotive HMI Market Outlook


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This is why the mushrooming popularity of electric vehicles is positively impacting the worldwide demand for automotive HMI systems and solutions. Besides this, the increasing requirement for safety features and systems in vehicles, due to the growing prevalence of road accidents, is also pushing up the demand for automotive HMI around the world. According to the World Health Organization (WHO), more than 1.35 million people all over the world die because of road accidents every year.

Apart from the aforementioned factors, the growing preference of people for greater in-vehicle connectivity is also positively impacting the demand for automotive HMI solutions across the world. Because of these customer preferences, the automobile manufacturing companies are increasingly incorporating in-vehicle connectivity features in the infotainment systems integrated in the vehicles. Due to these factors, the demand for automotive HMI solutions is soaring around the world, which is, in turn, fueling the expansion of the global automotive human-machine interface (HMI) market. 

According to the estimates of P&S Intelligence, a market research company based in India, the valuation of the market will grow from $18,822.3 million in 2019 to $55,318.4 million by 2030. Furthermore, the market is predicted to advance at a CAGR of 10.8% between 2020 and 2030. Automotive HMI solutions are incorporated in heads-up displays, central displays, steering-mounted controls, instrument clusters, rear-seat entertainment units, voice recognition systems, gesture recognition systems, and multifunction switches.


Thus, the development of new systems and high demand for improvised vehicles will increase the adoption of automotive HMI systems in future.

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