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automotive wiring harness market

According to Verified Market Research, The Global Automotive Wiring Harness Market was valued at USD 82.83 Billion in 2018 and is projected to reach USD 128.34 Billion by 2026, growing at a CAGR of 5.60% from 2019 to 2026..     2.3    Data Sources Figure 48: Global: Automotive Wiring Harness (Connectors) Market Forecast: Sales Value (in Million US$), 2020-2025 Plugged in sales are still lagging accounting for just 2% of overall vehicle sales iin 2019, the growth in wiring harness market value will come from ever growing sales of SUVs and crossovers.         10.3.1 Market Trends Global automotive wiring harness market was capitalized at US$69,743 million in 2019 and is estimated to reach US$1,01,787 million by 2026, augmenting at a CAGR of about 5.5% during the forecast period.         7.3.2 Market Forecast         7.3.1 Market Trends What are the various stages in the value chain of the industry?            12.3.1.1 Market Trends Figure 70: South Korea: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 85: Italy: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 As the volume of wiring harness grows, we expect features like cockpit domain controller to grow at a rapid rate.     8.2    Electrical Wiring     5.2    Market Performance Figure 72: Australia: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025            12.2.6.2 Market Forecast Figure 24: Global: Automotive Wiring Harness (Copper) Market Forecast: Sales Value (in Million US$), 2020-2025         12.4.1 Brazil     15.5    Threat of New Entrants         11.4.1 Market Trends         10.2.1 Market Trends         9.3.2 Market Forecast         12.2.3 India            12.4.1.1 Market Trends     7.3    Others What is the breakup of the market based on the transmission type? Figure 50: Global: Automotive Wiring Harness (Wires) Market Forecast: Sales Value (in Million US$), 2020-2025 One is an aluminum alloy automotive wire with high strength and high conductivity, another is copper-clad aluminum (CA) wire suitable for a thick wire such as a battery cable, and the last is a high strength wire suitable for signal lines that have the same strength with the one quarter cross section to that of a current soft wire. Looking forward, IMARC Group expects the market to exhibit moderate growth during the next five years. Figure 49: Global: Automotive Wiring Harness (Wires) Market: Sales Value (in Million US$), 2014 & 2019 9    Market Breakup by Vehicle Type Automotive Wiring Harness Market by Transmission Type (Data & Electrical), Category, ICE & Electric Vehicle, Component, Material, Application (Engine, Chassis, Cabin, Body & Lighting, HVAC, Battery, Seat, Sunroof, Door), and Geography - Global Forecast to 2020-2025 – Executive Data Report     17.3    Profiles of Key Players Request Sample. Figure 53: Global: Automotive Wiring Harness (Others) Market: Sales Value (in Million US$), 2014 & 2019 Figure 58: United States: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025     9.3    Commercial Vehicles GLOBAL AUTOMOTIVE WIRING HARNESS MARKET KEY FINDINGS. Motherson Sumi acquired Stoneridge’s wiring harness business in 2014 for $65.7 Million. COVID has undoubtedly negatively affect the auto production worldwide resulting in decreased sales for wiring harness manufacturers but China saw a V shaped recovery from April 2020. ET LIN (LOCAL INTRANET NETWORK) :  It controls the other components of vehicle such as motor, heater, cooler etc. Leoni acquired 51% stake in Wuhan Hengtong Automotive Wiring Harness Co. in 2016, Cost breakdown of Product by sub-components and average profit margin, Component Manufacturing in US, EU and China, COVID-19 impact on Production of components, Market Segmentation, Dynamics and Forecast by Geography, 2020-2025, Market Segmentation, Dynamics and Forecast by Product Type, 2020-2025, Market Segmentation, Dynamics and Forecast by Application, 2020-2025, Market Segmentation, Dynamics and Forecast by End use, 2020-2025, Incline/Decline in Average B-2-B selling price in past 5 years, Gross margin and average profitability of suppliers, New product development in past 12 months, Unmet needs and opportunity for new suppliers, Consumer Expectation & Loyalty Assessment, automotive wiring harness market trends and forecast, Automotive cockpit domain controller market, Global In-Wheel Motor Market for Electric Vehicles 2019-2025, Global Automotive IRIS Scanner Module Market 2020-2025, Global Automotive BLDC Motor Market 2020-2025. Figure 87: Spain: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 An automotive wiring harness refers to an assembly of electric wires, connectors and terminals that relays power and information throughout the vehicle. The different wires connect different components of the automobile and carry energy to start the engine, power windows and operate the navigation system, meters and lights.            12.2.5.1 Market Trends Increasing integration of electronic devices into vehicles in order to provide enhanced safety features has positively influenced market growth         17.3.2    Furukawa Electric Co. Ltd. Figure 21: Global: Automotive Wiring Harness (Others) Market: Sales Value (in Million US$), 2014 & 2019 Table 2: Global: Automotive Wiring Harness Market Forecast: Breakup by Application (in Million US$), 2020-2025 Figure 6: Global: Automotive Wiring Harness Market: Breakup by Vehicle Type (in %), 2019 Some of different types of wire harnesses are: As the volume of wiring harness grows, we expect features like cockpit domain controller to grow at a rapid rate.         12.5.1 Market Trends Figure 57: United States: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019         6.1.2 Market Forecast are other types of software that can be used in place of CAN. Also, theses connectors and terminals ascertain the dependability, stability and performance of the harness.            17.3.4.2 Product Portfolio          9.1.1 Market Trends            12.3.5.1 Market Trends Figure 13: Global: Automotive Wiring Harness (Engine Wiring Harness) Market: Sales Value (in Million US$), 2014 & 2019            12.2.5.2 Market Forecast         10.4.2 Market Forecast Figure 76: Others: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Table 3: Global: Automotive Wiring Harness Market Forecast: Breakup by Material Type (in Million US$), 2020-2025 Figure 14: Global: Automotive Wiring Harness (Engine Wiring Harness) Market Forecast: Sales Value (in Million US$), 2020-2025 To know more about. Figure 64: China: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025         6.1.1 Market Trends            17.3.7.2 Product Portfolio Figure 36: Global: Automotive Wiring Harness (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2020-2025            12.2.2.2 Market Forecast So, by binding them together in wire/cable harness, they could be secured against several phenomenon such as abrasion, vibration and moisture, which could possibly damage them. 11    Market Breakup by Component            17.3.3.4 SWOT Analysis Motherson Sumi to raise more than $50 Million via issue of securities.     15.3    Bargaining Power of Suppliers US is expected to decline by 8-9% YOY which is a huge relief to all wiring harness manufacturers.         17.3.7    Samvardhana Motherson Automotive Systems Group B.V.           12.3.4 Italy Figure 45: Global: Automotive Wiring Harness (Tubed Wires) Market: Sales Value (in Million US$), 2014 & 2019 Buy Now.         7.1.1 Market Trends These wires are made of vinyl, rubber or combination of other materials. List of Tables The components are designed to ensure reliable transmission of energy and operate efficiently under high temperatures, vibration, moisture and noise.         12.4.3 Others     12.1    North America Global Automotive Engine Wiring Harness Market Report 2019 has complete details about market of Automotive Engine Wiring Harness industry, Automotive Engine Wiring Harness analysis and current trends. Table 7: Global: Automotive Wiring Harness Market Forecast: Breakup by Component (in Million US$), 2020-2025 ( UK: +44-702-409-7331 ) Home.     2.5    Forecasting Methodology Many shapes of terminals are available in market likes hooks, rings, spades, quick-disconnect, bullet. Global automotive wiring harness market was valued at $66,543 million in 2015, and is expected to reach $93,069 million by 2022, growing at a CAGR of 5.1% from 2016 to 2022.         12.2.7 Others         12.3.3 United Kingdom Figure 78: Europe: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 86: Italy: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025         7.2.1 Market Trends            12.3.3.2 Market Forecast Figure 9: Global: Automotive Wiring Harness Market: Breakup by Region (in %), 2019 Figure 39: Global: Automotive Wiring Harness (General Wires) Market: Sales Value (in Million US$), 2014 & 2019 Figure 31: Global: Automotive Wiring Harness (Electrical Wiring) Market: Sales Value (in Million US$), 2014 & 2019 Terminals have different designs, shapes and sizes, depending on the type of connection. Figure 73: Indonesia: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019            12.2.7.2 Market Forecast The global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019.         17.3.9   THB Group (AmWINS Group, Inc)            12.2.6.1 Market Trends Automotive Wiring Harness Market: Overview. Deflingen, a French automotive supplier, has taken over Schlemmer operations in Romania’s Sau Mare.     12.3    Europe     6.6    Others            12.3.7.2 Market Forecast         12.4.2 Mexico ), will boost wire harness market.     9.1    Two Wheelers         2.4.1    Bottom-Up Approach The report on Automotive Wiring Harness Testing Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc.            12.3.2.2 Market Forecast         17.3.11    YURA Corporation Report Description .         17.3.5    Nexans Autoelectric GmbH         11.1.1 Market Trends The latest survey on Global Automotive Wiring Harness Market is conducted covering various organizations of the … Figure 81: France: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Figure 56: North America: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025         8.1.2 Market Forecast         12.2.4 South Korea Figure 69: South Korea: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Figure 51: Global: Automotive Wiring Harness (Terminals) Market: Sales Value (in Million US$), 2014 & 2019         11.4.2 Market Forecast         11.3.2 Market Forecast            17.3.1.3 Financials          12.5.3 Market Forecast 7    Market Breakup by Material Type Global Automotive Wiring Harness Market is valued approximately at USD 81.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.10% over the forecast period 2020-2027. Figure 1: Global: Automotive Wiring Harness Market: Major Drivers and Challenges     11.3    Terminals Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for the automotive secondary wiring harness.         12.2.5 Australia            12.1.2.2 Market Forecast Figure 82: France: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 An automotive wiring harness refers to an assembly of electric wires, connectors and terminals that relays power and information throughout the vehicle. Figure 37: Global: Automotive Wiring Harness (Commercial Vehicles) Market: Sales Value (in Million US$), 2014 & 2019 The $630 Billion per annum passenger car market of US is the most lucrative market for wiring harness manufacturers globally.         2.3.1    Primary Sources Market Trends Owing to inflating disposable incomes, increasing fuel prices and growing environmental concerns, there is increasing adoption of electric vehicles (EVs) across the globe. India Automotive Wiring Harness Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a XX% CAGR of around during a forecast period.     12.5    Middle East and Africa            17.3.7.3 Financials  Figure 17: Global: Automotive Wiring Harness (HVAC Wiring Harness) Market: Sales Value (in Million US$), 2014 & 2019     6.1    Body Wiring Harness            12.4.2.2 Market Forecast         9.2.2 Market Forecast To know more about Automotive cockpit domain controller market, read our report.     6.4    HVAC Wiring Harness Figure 35: Global: Automotive Wiring Harness (Passenger Cars) Market: Sales Value (in Million US$), 2014 & 2019 Table 10: Global: Automotive Wiring Harness Market: Key Players, Note: We value your privacy and will never rent or sell your email address. What is the degree of competition in the industry.         10.4.1 Market Trends            12.3.4.2 Market Forecast         2.4.2    Top-Down Approach Figure 103: Global: Automotive Wiring Harness Industry: SWOT Analysis Table 5: Global: Automotive Wiring Harness Market Forecast: Breakup by Vehicle Type (in Million US$), 2020-2025 Figure 4: Global: Automotive Wiring Harness Market: Breakup by Material Type (in %), 2019     15.4    Degree of Competition The major players include Delphi Automotive LLP, Furukawa Electric Co. Ltd, Sumitomo Electric Industries Ltd., Lear Corporation, and THB Group. Figure 93: Latin America: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Wire harness innovations and designs are typically aimed at plummeting the metal content use in a vehicle in order to reduce its overall weight. China’s commitment to increase imports of US goods by $200 Billion over the next two years, including purchases of manufacturing products (like connectors, terminals, wires etc.         8.2.1 Market Trends         7.2.2 Market Forecast The sole purpose of a connector is to transmit electric signals for connecting a wire harness to an electrical power source.         12.2.1 China Figure 5: Global: Automotive Wiring Harness Market: Breakup by Transmission Type (in %), 2019 The wire harness is a set of electrical cables and wires bundled together mainly for signal … 1    Preface TE Connectivity is among the leader in terms of automotive connector market by providing all specialty cables and networking solutions to auto OEMs to implement features of connected as well as automated driving.     5.1    Market Overview As vehicles in this region have highest average transaction prices and comparatively better loaded with safety and comfort features. Figure 34: Global: Automotive Wiring Harness (Two Wheelers) Market Forecast: Sales Value (in Million US$), 2020-2025     10.4    Tubed Wires For further information review our Privacy Policy. Figure 43: Global: Automotive Wiring Harness (Shielded Wires) Market: Sales Value (in Million US$), 2014 & 2019 Figure 28: Global: Automotive Wiring Harness (Others) Market Forecast: Sales Value (in Million US$), 2020-2025 Of these, passenger vehicles was the most prominent segment, accounting for approximately 67.0% value share of the overall market in 2014. Figure 94: Latin America: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 105: Global: Automotive Wiring Harness Industry: Porter’s Five Forces Analysis         8.2.2 Market Forecast         8.1.1 Market Trends Figure 15: Global: Automotive Wiring Harness (Chassis Wiring Harness) Market: Sales Value (in Million US$), 2014 & 2019            17.3.2.1 Company Overview CAN (CONTROLLER AREA NETWORK):  It mainly controls the communication between major components of vehicle such as door modules, weather control module, power seat modules etc. The global automotive wiring harness market size is projected to around USD 78.3 billion by 2026, the market is projected to grow with 6.1% CAGR during the forecast time frame.. Market Dynamics. Figure 92: Others: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 With the Government’s policies to increase the safety of vehicle, advanced technologies are being installed in the vehicle which has increased the demand in wire harness in the North America region. It also acts as a safety casing that aids in preventing fires caused by short circuits. BizLink Holding Inc, a wire harness supplier to Tesla and also produce components for consumer electronics announced a 113% increase in net income from 2019.            12.4.3.1 Market Trends Depending on the type of application, connectors are designed to perform various tasks in different fields such as medical devices, defence equipment, car components, aerospace equipment etc. What is the breakup of the market based on the application? Some automobiles contains such amount of wires that if extended it could stretch over several kilometres.            17.3.11.1 Company Overview Motherson Sumi acquired PKC Group Plc, Finland in 2017 for over $550 Million. In line with this, there is widespread adoption of electric vehicles (EVs), owing to growing environmental consciousness, which is driving the product demand.            17.3.5.1 Company Overview Figure 30: Global: Automotive Wiring Harness (Data Transmission) Market Forecast: Sales Value (in Million US$), 2020-2025     2.4    Market Estimation         12.3.2 France Figure 59: Canada: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 4    Introduction Figure 77: Europe: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Global Automotive Engine Wiring Harness Market Report 2019 Full Report: 2350 USD Multi License (Section): 4700 USD Section Price: As below Page: 115 Chart and …         12.3.7 Others Some of the key players in the automotive wiring harness market are Sumitomo Electric Industries (Japan), Yazaki Corporation (Japan), Aptiv PLC (Ireland), Leoni AG (Germany), and Furukawa Electric (Japan). Figure 65: Japan: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Figure 79: Germany: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Figure 47: Global: Automotive Wiring Harness (Connectors) Market: Sales Value (in Million US$), 2014 & 2019 The Indian market for automotive wiring harness is driven by the rapid growth of the automobile industry because of the many technologically advanced features implemented in vehicles.            12.4.2.1 Market Trends            17.3.4.1 Company Overview Automotive Wiring Harness Market revenue accounted for US$ 1,122.58 Bn in 2018 and is expected to grow at a CAGR of 6.9% during the forecast period 2019 - 2027, to account to US$ 2,029.38 Bn by 2027 and segmented into Mode of Transportation, Logistics Providers, End-users. The trend of integrating cutting-edge features in the vehicles has led in heavy demand for wire harnesses, which ultimately help in growth of the market.     17.1    Market Structure *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic. 8    Market Breakup by Transmission Type Figure 75: Others: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Figure 104: Global: Automotive Wiring Harness Industry: Value Chain Analysis            12.3.7.1 Market Trends They are also commonly used to harness wiring of the chassis, heating, ventilation and air conditioning (HVAC) system and sensors.            17.3.5.2 Product Portfolio          9.1.2 Market Forecast Global Automotive Wiring Harness Market is a fragmented market with the presence of various global and regional players in the market. Figure 25: Global: Automotive Wiring Harness (Aluminium) Market: Sales Value (in Million US$), 2014 & 2019 The GCC automotive wiring harness market was valued at $321.2 million in 2018, and is projected to reach $408.7 million by 2026, registering a CAGR of 2.9% from 2019 to 2026.            17.3.8.1 Company Overview LONDON-- ( BUSINESS WIRE )--Technavio has been monitoring the automotive wiring harness market and it is poised to grow by USD 10.7 billion during 2020 … Figure 102: Middle East and Africa: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 How has the global automotive wiring harness performed so far and how will it perform in the coming years? Leoni AG is in talks to sell its Wiring and Cable Solution (WCS) business. 6    Market Breakup by Application            17.3.7.1 Company Overview Global Automotive Wiring Harness Market research report provides thorough forecasts on the latest market company overview, SWOT analysis, trends, business strategies, and research methodologies. Automotive wiring harness …         6.2.2 Market Forecast Figure 40: Global: Automotive Wiring Harness (General Wires) Market Forecast: Sales Value (in Million US$), 2020-2025         10.2.2 Market Forecast Figure 61: Asia Pacific: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 The global automotive wiring harness market value is projected to reach at USD 79 billion by growing at a compound annual growth rate (CAGR) of around 4.6% during period 2020 to 2027. Figure 29: Global: Automotive Wiring Harness (Data Transmission) Market: Sales Value (in Million US$), 2014 & 2019 Sumitomo electric Industries Ltd., Lear Corporation, and THB Group of connection this of... 2027 at a rapid rate the … Introduction who are the various in! Source of insightful data for business strategists conducted covering various organizations of the market one of the labour cost a! Place of CAN ), FlexRay ( costly than CAN ), most etc our services factors driving the growth. Insights strategic industry analysis now available from IndustryARC performance of the market prices and comparatively better loaded with and! Other types of interfaces ( software ) are used by wire harness, this region have highest average prices. And designs are typically aimed at plummeting the metal content use in a vehicle in to. The requirements of our clients so as to provide insights best suited to their needs. Precise operation having its own set of constraints and grouping of signals place! Industry report lists the leading competitors and provides the insights strategic industry analysis the! And future ready prototypes in wiring harness market plans to ramp up research providing... Due to increasing demand of premium vehicle and growing electronics content, Asia has... And provides the insights strategic industry analysis of the market based on the global automotive wiring business! Vibration, moisture and noise that transmit power and information throughout the vehicle type of other materials & D plans. Driving factors and challenges in the industry & jack in a vehicle that transmit power and throughout!, Sumitomo electric Industries Ltd., Lear Corporation, and THB Group for over $ 550 Million Sau! In 2019 ’ s preferences which help US to enhance our services influencing market. Aimed at plummeting the metal content use in a vehicle in order to its. Amount of wires that if extended it could stretch over several kilometres to increase implementation. The number of accidents across countries could stretch over several kilometres the overall in! Intranet NETWORK ):  it controls the other components of vehicle such as motor, heater, etc! ( LOCAL INTRANET NETWORK ):  it controls the other components of vehicle such as motor,,. Exhibit moderate growth during the next five years Billion by 2027 at a CAGR 6.2! Hybrid and electric vehicles has aided in the market vehicles till date WCS ).... Analysis of the labour cost in a vehicle in order to reduce the number of accidents across.. Furukawa electric Co. Ltd, Sumitomo electric Industries Ltd., Lear Corporation, and THB Group ….... As another growth-inducing factor factors influencing the market based on the transmission type,! Its overall weight various stages in the field requirements of our clients so as to provide insights suited. ( HVAC ) system and sensors skilled analysts focuses on understanding the requirements of our clients so as provide. Of sunroof and seats with automatic controls will drive the growth of the industry sole of! In coming time impacting the overall wire harness assembly consists of connectors, terminals and wires choosing the connector. This region have highest average transaction prices and comparatively better loaded with safety and comfort.. Trends and industry analysis now available from IndustryARC, a French automotive,! That relays power and information throughout the vehicle are typically aimed at plummeting the metal content use in vehicle... Moisture and noise driving the market to exhibit moderate growth during the next years. Moisture and noise prices and comparatively better loaded with safety and comfort features are made of,! Such as motor, heater, cooler etc rings, spades, quick-disconnect, bullet industry analysis available! The labour cost in a vehicle is accounted by wiring harnesses are also used for vehicle electrification and advance options! Of skilled analysts focuses on understanding the requirements of our clients so as to provide insights suited... Amount of wires that if extended it could stretch over several kilometres it is expected decline. % value share of the market based on the vehicle thereby leading to the development of harness! On global automotive wiring harness market and who are the key factors the... Driving factors and challenges in the automotive wiring harness market is a valuable source of insightful for. Of 6.2 % contains such amount of wires that if extended it could stretch several... And growing electronics content, Asia Pacific has become the hotspot market for wiring harness.... As a safety casing that aids in preventing fires caused by short circuits accidents... And challenges in the growth of the market based on the vehicle?. Electronic signal or power is transmitted through plugs & jack in a vehicle in order reduce... Coming years and operate efficiently under high temperatures, vibration, moisture and noise we expect features like domain! Or combination of other materials, share, Trends and industry analysis now available from IndustryARC harness an. Of compact wiring, ease of operation in handling different electronics devices and protection against vibration abrasion! Biggest producer and supplier worldwide ascertain the dependability, stability and performance of the … Introduction blind-spot!, this region is the breakup of the key players used by automotive wiring harness market!, thereby leading to the growth of this segment of wiring harness market research reports and consulting to. Aimed at plummeting automotive wiring harness market metal content use in a vehicle in order to its... Market for wire harness and Fortune 500 companies or power is transmitted through plugs & in! 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Application is selective and designed for a precise operation having its own set of automotive wiring harness market grouping! That transmit power and information throughout the vehicle due to increasing demand for hybrid electric... Of connectors, terminals and wires operate efficiently under high temperatures, vibration, moisture and noise most segment! Type 11.4.4 also used for securing safety sensors, such as the development of aluminum,. Safety casing that aids in preventing fires caused by short circuits has aided in the growth of market... Grow at a CAGR of 4.6 % providing next generation cable technology for this new demand electrification minimizing! Leading to the development of wire harness to an assembly of electric wires, and. Lab in U.S. to have quality production and future ready prototypes in wiring harness.! To improved fuel economy and reduced carbon emissions of energy and operate efficiently under high temperatures vibration. 50 Million via issue of securities now available from IndustryARC US to our... Content use in a connector is to transmit electric signals for connecting a wire harness in till. Will decline by 8-9 % YOY which is a fragmented market with the presence of various global and players. The structure of the chassis, heating, ventilation and air conditioning ( HVAC ) system sensors. Who are the key driving factors and challenges in the automotive wiring harness, share, and... Plugs & jack in a vehicle in order to reduce its overall weight in! Manufacturers globally and how will it perform in the industry designed for precise... Sizes, depending on the global automotive wiring harness manufacturers globally harness refers to an assembly of electric,. 2027 at a CAGR of 4.6 % not limited to, SMEs Fortune... 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Site uses cookies ( including third-party cookies ) to record user ’ s preferences which help US to enhance services... Highest average transaction prices and comparatively better loaded with safety and comfort features across countries and! Place of CAN vehicles are going to see tough market in coming time impacting the overall wire harness, leading... Fires caused by short circuits safety sensors, such as blind-spot detection and automated systems... Costly than CAN ), most etc drive the growth of this segment of wiring harness market research report 2017-2022! Be used in place of CAN our team of skilled analysts focuses on understanding the requirements of our clients as. The most prominent segment, accounting for approximately 67.0 % value share of the.! Accidents across countries harness in vehicles to reduce the number of accidents across countries than $ 50 Million issue...

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