Automotive Human Machine Interface (HMI) Market Size

Automotive HMI Market Size

Automotive Human Machine Interface Market size exceeded USD 15 billion in 2022 and is projected to expand at more than 15% CAGR from 2023 to 2032.

When combined with in-car sensors, the HMI platform offers a real-time AR experience to the driver through the head-up display (HUD). The HUD helps drivers predict other vehicles' behavior on the road, including cornering strategies and speed limit changes and take informed decisions, thereby improving overall driver and vehicle safety. Moreover, a significant rise in demand for connected vehicles pushed by the increasingly tech-savvy population and the growing consumer inclination toward security and comfort in cars.

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Furthermore, the escalating efforts by leading automotive manufacturers towards introducing advanced connected features in vehicles to gain better customer engagement will enhance the demand for HMI systems. While technological advancements have helped elevate the overall driving experience, on the one hand, they have raised several concerns about the security of connected cars on the other. Internet connectivity exposes delicate vehicle-related information to potential threats and unethical sources, which may impede the adoption of the automotive human machine interface over the forthcoming years.