Automotive Wiring Harness Market By Material (Copper, Aluminum), By Application (Chassis, Body, Engine, HVAC, Sensors) - Growth, Future Prospects & Competitive Analysis, 2017 – 2025

Automotive wiring harness can be defined as a medium to connect all electrical and electronic components together for power supply, sensor signals and transmitting data for enhancing vehicle performance. An automotive wiring harness is a collection of assorted wires, each having unique attributes such as material, dimensions, current ratings and number of cores, among others. Depending on their application, nature of current and signal to be transmitted, these wires are assembled together into a complete wiring harness which can be readily installed in an automobile. Wiring harnesses are distinguished according to their application in various vehicle types such as two-wheelers, passenger cars, heavy and light commercial vehicles irrespective of their power source.

The automotive industry has been witnessing a significant growth in past few years. Modern day automobiles are loaded with features and utilities which require an efficient power and signal transmission medium. Rising incorporation of enhanced sensor technology in automobiles has further raised the significance of automotive wiring harness. Wiring harness offers secure electric connections by avoiding operational setbacks such as fire and short-circuit. Intense competition and strict guidelines laid by automobile associations have forced automobile manufacturers to incorporate efficient wiring harness to upgrade their product reliability. In addition, automotive wiring harness offers ease in installation, maintenance and replacement for new as well as old automobiles. Initial installation of wiring harness is an expensive process, which poses as a major challenge for growth in the automotive wiring harness market. However, high initial cost of the wiring harness can be remunerated by its reliability and long operational life. Thereby, negative impact of initial expenses on the market is expected to reduce gradually during the forecast period.

Automotive Wiring Harness Market

With a focus on the market size and estimates, “Automotive Wiring Harness Market- Growth, Future Prospects and Competitive Landscape, 2017-2025” provides vital strategic comprehension into the global automotive wiring harness market for the period from 2015 to 2025. The investigating report ensure complete top to bottom examination of market portions based on material, vehicle type, application and cross-sectional investigation across various nations worldwide. The report provides a comprehensive outlook on market dynamics including market opportunities, drivers and restraints by providing a complete comparative analysis of each sub-segment for the years 2016 and 2025.

The report further incorporates competitive profiling, strategies, market positioning and key developments of leading automotive wiring harness manufacturers in order to help strategic decision makers. Companies such as Ashok Minda Group, China Auto Electronics Group Limited (THB Group), Delphi Automotive LLP, Furukawa Electric Co., Ltd., Fujikura Ltd., LEONI AG, Lear Corporation, Nexans autoelectric GmbH, PKC Group, Sumitomo Electric Industries, Ltd., Qingdao Yujin Electro-Circuit Systems Co., Ltd., Spark Minda, Kromberg & Schubert KG, Samvardhana Motherson Group and Yazaki Corporation are extensively profiled as leading automotive harness manufacturers in this report.

Other in-depth analysis provided in the report includes:

  • Current and future market trends to justify the forthcoming attractive markets within the automotive wiring harness industry
  • Market drivers, market restraints, and their impact on the market growth
  • Market inclination insights and key trend analysis for automotive wiring harness market
  • In-depth competitive environment analysis
  • Trailing 2-Year market size data (2015 – 2016)

Overall, the research study provides a holistic view of the global automotive wiring harness market, offering market size and estimates for the period from 2017 to 2025, keeping in mind the above-mentioned factors.

The global automotive wiring harness market has been segmented, on the basis of geographical regions, into the following regions and countries:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • U.K.
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Rest of Asia Pacific
  • Rest of the World (RoW)
    • The Middle East and Africa
    • Latin America

Automotive Wiring Harness Market

In 2016, Asia Pacific dominated the overall automotive wiring harness market in terms of market value. Continuously flourishing automotive sector including new as well as old automobiles and expansion of after sales market have significantly boosted the growth of automotive wiring harness market in this region. Furthermore, presence of key wiring harness manufacturers and implementation of automotive standards in developing countries such as India and China have encouraged the adoption of automotive wiring harness. Thereby, Asia Pacific region is expected to dominate the overall automotive wiring harness market throughout the forecast period during 2017- to 2025.

North America trailed Asia Pacific in the overall automotive wiring harness market in terms of market value. Strict automotive regulations towards safety and fuel economy are some of the key driving factors for the growth of automotive wiring harness market in North America. In addition, dynamic trends of automotive sector and high popularity of refurbished classic automobiles have encouraged the manufacturers in the region to diversify their product range for a variety of models.

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Published Date:  Jan 2018
Category:  Automotive & Transportation
Report ID:   58940
Report Format:   PDF
Pages:   120
Rating:    4.3 (27)
Delivery Time: 24 Hours to 48 Hours   
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