Automotive HMI Market Size, Share, and Industry Trends 2031

The automotive human-machine interface (HMI) market is set for significant growth, driven by the increasing demand for connected and autonomous vehicles. The integration of HMIs in these vehicles is essential for advanced driver assistance systems (ADAS) to function effectively. Technological advancements, including instrument clusters, infotainment systems, HUDs, and RSE displays, are further fueling the progress of the automotive HMI market. One notable development is Ultrahaptics' initiative in May 2019 to create the sensation of touch in mid-air using ultrasound, allowing for screen manipulation without physical contact. These trends are poised to drive the automotive HMI market forward.

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Enhanced Driver Visibility and Information Display Capabilities

Vehicle OEMs are prioritizing improved driver visibility and information display capabilities. The enhancement of rear-seat entertainment is also contributing to the overall entertainment experience in vehicles. HMI vendors are focusing on providing superior experiences for both drivers and passengers through mobile features, voice recognition, and improved controls, supported by better connectivity and internet speeds. HARMAN, for instance, offers HMI designs from OEMs, tier-1 suppliers, or its own designs, catering to instrument cluster systems, complex 3D scene development, and multiscreen HMI solutions.

Ergonomic Design in Instrument Clusters to Propel Market Growth

The global automotive HMI market is expected to witness significant growth driven by the instrument cluster category. Electronic instrument clusters or digital dashboards are replacing analogue gauges, offering digital readouts with high-resolution TFT screens and ergonomic designs tailored for automotive use. The trend towards digital and 3D instrument clusters, particularly in premium vehicles, is expected to continue. These systems now include additional functionalities such as navigation, programmable settings, and ADAS information display, positioning the instrument cluster category to command the largest market share.

Rising Popularity of EVs in Europe to Boost Market Development

Europe plays a crucial role in the automotive HMI market, housing many leading car manufacturers. Countries like Germany, France, and Italy are prominent auto manufacturing hubs contributing significantly to the industry's revenues. The growing popularity of electric vehicles (EVs) in Europe is anticipated to drive market development during the forecast period. High-net-worth individuals purchasing luxury vehicles also stimulate market growth. For instance, 77 billion vehicles were manufactured globally in 2020, with nearly 17.38 billion produced in Europe alone.

Asia Pacific to Lead Market Growth Over Forecast Period

The Asia Pacific region is predicted to be the fastest-growing market for automotive HMIs over the forecast period. Technological advancements in current generation automotive HMIs, along with the growing trend of connected and autonomous vehicles, are expected to drive market growth in this region. Consumer concern about safety and security features and the adoption of superior interiors for automobiles are primary factors propelling the automotive HMI industry forward. Additionally, the growth of vehicle production and sales in developing countries within the Asia Pacific region is contributing to market expansion.

Government Initiatives to Stimulate Market Growth

Several positive government initiatives aimed at reviving the automobile industry are expected to fuel market growth. In India, the government has introduced efforts such as the National Electric Mobility Mission Plan (NEMMP) and the Automotive Mission Plan to promote industry growth, reduce emissions, and decrease oil reliance. The Automotive Mission Plan 2026 sets ambitious goals, including increasing exports to $80 billion and doubling industry revenues to $300 billion.

Competitive Landscape in the Global Automotive HMI Market

In June 2021, Varroc Engineering Limited (Varroc) signed an MoU with Candera GmbH, a leading HMI partner known for providing tools and developing HMIs for global automotive and industrial customers. This collaboration aims to share interface technology for Varroc's FT Instrument Cluster. Similarly, in May 2021, Stellantis NV and Hon Hai Precision Industry Co., Ltd. ("Foxconn"), along with its subsidiary FIH Mobile Ltd., announced the signing of a non-binding Memorandum of Understanding (MOU) to form Mobile Drive. This collaboration focuses on delivering cutting-edge in-vehicle user experiences enabled by HMIs and modern consumer electronics.

Key Players in the Automotive HMI Market

Prominent players in the automotive HMI market include Continental AG (Germany), Delphi Automotive PLC (U.K.), Clarion Co. Ltd (Japan), Magneti Marelli S.P.A (Italy), Valeo S.A. (France), Synaptics Incorporated (U.S.), and Visteon Corp (U.S.). Other notable companies are Luxoft Holding, Inc (Switzerland), and Altran Technologies SA (France). These companies are at the forefront of developing and supplying advanced HMI systems, contributing to the market's robust growth.