Reportstack Announces the Publication of its Research Report - Global Automotive Human Machine Interface (HMI) Market 2014-2018. The following companies are the key players in Global Automotive Human Machine Interface (HMI) Market: Continental AG, Delphi Automotive plc, Johnson Controls Inc., Magneti Marelli S.p.A, and Valeo SA.
“One of the major trends witnessed by the Global Automotive HMI market is the growing focus on reducing the price of HMI solutions in order to cater to the needs of low-end vehicles. The market is expected to witness increasing penetration of HMI systems in the Low-cost Car segment in the coming years. Suppliers such as Continental and Robert Bosch are working closely with OEMs to develop low-cost systems for the Medium-sized and Compact Car segments. This is because these are the segments that will help attain economies of scale and reduce the price of HMI systems. This trend is therefore likely to have a positive impact on the market growth during the forecast period.”
According to the report, one of the major drivers in this market is the increasing number of legislations relating to HMIs. This is mainly because governments across the globe are increasingly focusing on improving safety and environmental standards. Hence, governments are introducing legislations to mandate several security features, which in turn is leading to the growing usage of HMI solutions.
Further, the report states that one of the main challenges faced by the market is the distraction caused to drivers by HMI solutions. The vehicles are being increasingly automated with several advanced comfort as well as infotainment features. However, these HMI solutions are a major source of distraction to drivers and could result in accidents.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. For further information on this report, please visit http://www.reportstack.com/product/149253/global-automotive-human-machine-interface-hmi-market-2014-2018-.html.