In Automotive HMI Market Instrument Clusters Accounted For The Largest Share Globally – Site Title
global automotive human machine interface market is expected to grow from $16,784.0 million in 2016 to $39,695.0 million by 2023. The rapidly growing automotive industry, especially in emerging countries including India, China, Brazil and South Africa, is generating significant demand for vehicles with human machine interface systems. Increasing number of road accidents and awareness regarding advanced technology are also driving the market. Vehicle safety regulations and initiatives by various associations and trade unions are backing the increasing installations of human machine interface systems in vehicles. Governments and associations across the globe have been increasingly formulating multi-dimensional policies toward vehicle and passenger safety, which is expected to drive the market for HMI.
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