Digitalization is providing wire harness makers the tools they need to adapt to an increasingly dynamic industrial landscape. In North America, the U.S. is estimated to dominate the automotive wiring harness market, accounting for over 80.0% value share of the overall market by the end of 2015. Manufacturers of automobiles are focusing on wires which occupies less space and are lighter in weight. Posted on April 28, 2020 August 18, 2020 Author admin Comment(0) Automotive Wiring Harness Market by Material Type (Copper, Aluminum & Others), by Transmission Type (Data Transmission, Electrical Wiring), by Vehicle Type (Two Wheelers, Passenger Cars, Commercial Vehicles), by Application (Body Wiring Harness… Market Overview. How will technological advancements impact the automotive wiring harness market? Chassis wiring harness systems are also gaining vast prominence in the auto industry, owing to their wide application scope in components such as headlamps, fuel flaps, turn indicators, fog lamps and infotainment systems, among others. Asia Pacific is anticipated to witness significant growth in the luxury car market. Automotive Secondary Wiring Harness Market has 11% CAGR forecast period 2019-2023. Overview. … Automotive Wiring Harness Market Share, Size, Growth, Opportunities and Forecast 2020 To 2025. The rising demand for electrical vehicles has increased the demand for the light weight and compact wiring harness in the global market. Need a Discount? Summary; … Global automotive wiring harness market is anticipated to reach USD 93,074.4 million by 2023, as per a new detailed report by Market Research Future (MRFR). According to MarketsandMarkets data repository, BEVs held a 26% share in sales of electric vehicles globally in 2018, which is expected to increase to 58% by the end of 2027. - 50)    6.1 Introduction     6.2 Years Considered in the Study     6.3 Market Dynamics            6.3.1 Drivers                    6.3.1.1 Rise in Vehicle Sales and Increase in Demand for Premium Vehicles                    6.3.1.2 Rising Trend of Integrating Advanced Features                    6.3.1.3 Growing Penetration of Electric Vehicles           6.3.2 Restraints                    6.3.2.1 Corrosive Nature of Wiring Harness                    6.3.2.2 Incorrect Wire Preparation, Staging, and Defects in Crimping Process           6.3.3 Opportunities                    6.3.3.1 Growing Trend of Autonomous and Semi-Autonomous Vehicles                    6.3.3.2 Enhanced Performance Related to Security and Safety                    6.3.3.3 Demand for Lightweight Harness           6.3.4 Challenges                    6.3.4.1 Fluctuating Cost of Copper Due to Increasing Demand                    6.3.4.2 Vacillating Trend Synced Technological Demands From OEMs    6.4 Revenue Shift & New Revenue Pockets for Wiring Harness Suppliers     6.5 Automotive Wiring Harness Market, Scenarios for Ice Vehicles (2019–2027)            6.5.1 Automotive Wiring Harness Market, Most Likely Scenario           6.5.2 Automotive Wiring Harness Market, Optimistic Scenario           6.5.3 Automotive Wiring Harness Market, Pessimistic Scenario    6.6 Automotive Wiring Harness Market, Scenarios for Electric Vehicles (2018–2027)            6.6.1 Automotive Wiring Harness Market, Most Likely Scenario           6.6.2 Automotive Wiring Harness Market, Optimistic Scenario           6.6.3 Automotive Wiring Harness Market, Pessimistic Scenario    6.7 Average Selling Price (ASP) Analysis for Automotive Wiring Harness, By Region            6.7.1 Asia Pacific           6.7.2 Europe           6.7.3 North America    6.8 Average Selling Price (ASP) Analysis for Automotive Wiring Harness, By Application            6.8.1 Engine Harness           6.8.2 Chassis Harness           6.8.3 Body & Lighting Harness           6.8.4 HVAC Harness           6.8.5 Dashboard Harness           6.8.6 Battery Harness           6.8.7 Seat Harness           6.8.8 Sunroof Harness           6.8.9 Door Harness, 7 Automotive Wiring Harness Market, By Category (Page No. Global Automotive Wiring Harness Market is segmented By Vehicle Type (Two Wheelers, Passenger Cars, Commercial Vehicles), By Component (Electric Wire, Connectors, Terminals, Others), By Application (By Component, Body Wiring Harness, Engine Wiring Harness, Chassis Wiring Harness, HVAC Wiring Harness, Sensors Wiring Harness), and By Region (North America, Latin America, Europe, Asia … This data has been consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The global Automotive Wiring Harness market accrued earnings worth approximately 69,743 (USD Million) in 2019 and is set to record a CAGR of about 5.5% over the period from 2020 to 2026. BEVs have gained traction because of their ability to deliver multiple environmental, societal, and health benefits. The automotive wiring harness industry is strengthened by the presence of strong entities such as Sumitomo Electric Industries, Quingdao Sanyuan Group, Delphi Automotive (now Aptiv), Furukawa Electric Company Ltd., PKC Group (Motherson Sumi Systems), Kromberg & Schubert, Fujikura Ltd., THB Group (AmWINS Group, Inc.), Leoni AG, , Lear Corporation, Nexans Autoelectric, Spark Minda, Kyungship Corporation, Yazaki Corporation, Yura Corporation and Samvardhana Motherson Group. Several primary interviews have been conducted with market experts from Tier I suppliers of wiring harness across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World. According to the latest report by IMARC Group titled, “Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025”, the global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019. Aluminum 11.12.4. Yazaki adopted the strategies of expansions and partnerships to retain its leading position in the automotive wiring harness market, whereas Sumitomo electric industries adopted partnerships as the key strategy to susta… What are the main materials and components used in wiring harness? - 100) Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Pacific, Europe, North America and RoW      11.1 Introduction              11.1.1 Research Methodology             11.1.2 Assumptions             11.1.3 Industry Insights     11.2 Data Transmission      11.3 Electrical Wiring, 12 Automotive Wiring Harness Market, By Ice Vehicle Type & Application (Page No. The secondary sources referred for this research study include industry organizations such as OICA, corporate filings (such as annual reports, investor presentations, and financial statements); databases such as Factiva, CrunchBase, Bloomberg; and trade, business, and automotive associations. This is attributed to the flourishing automotive industry in the region. In North America, the U.S. is estimated to dominate the automotive wiring harness market, accounting for over 80.0% value share of the overall market by the end of 2015. In 2019, HEVs are estimated to hold a 62% share in sales of electric vehicles. Posted on December 2, 2020 December 1, 2020 Author admin Comment(0) Automotive Wiring Harness Market by Material Type (Copper, Aluminum & Others), by Transmission Type (Data Transmission, Electrical Wiring), by Vehicle Type (Two Wheelers, Passenger Cars, Commercial … The ‘Automotive Wiring Harness Market’ Report published by Market Expertz gives a detailed analysis of the significant growth trends seen in the industry. Primary data has been collected through questionnaires, emails, and telephonic interviews. COVID19 IMPACT ON AUTOMOTIVE WIRING HARNESS MARKET. The automotive wiring harness market growth is driven by increasing production of vehicles and upgrading of technologies. By country/region, the global Automotive Wiring Harness Market has been divided into § ... A competitive analysis in each of the geographical segments gives an insight into market share of the global players. 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). 80% of fortune 2000 companies rely on our research to identify new revenue sources. Share. To know about the assumptions considered for the study, download the pdf brochure. The investigating report ensure complete top to bottom examination of market portions based on material, vehicle type, application … Rising integration of electronic devices in vehicles has positively affected demand for automotive wiring harnesses. Rising integration of electronic devices in vehicles has positively affected demand for automotive wiring harnesses. - 104)     12.1 Introduction              12.1.1 Research Methodology             12.1.2 Assumptions             12.1.3 Industry Insights     12.2 Number of Harnesses in Ice Vehicles, By Application      12.3 Passenger Car              12.3.1 Engine Harness             12.3.2 Chassis Harness             12.3.3 Body & Lighting Harness             12.3.4 HVAC Harness             12.3.5 Dashboard/Cabin Harness             12.3.6 Battery Harness             12.3.7 Seat Harness             12.3.8 Sunroof Harness             12.3.9 Door Harness     12.4 Light Commercial Vehicle (LCV)              12.4.1 Engine Harness             12.4.2 Chassis Harness             12.4.3 Body & Lighting Harness             12.4.4 HVAC Harness             12.4.5 Dashboard/Cabin Harness             12.4.6 Battery Harness             12.4.7 Sunroof Harness             12.4.8 Door Harness     12.5 Bus              12.5.1 Engine Harness             12.5.2 Chassis Harness             12.5.3 Body & Lighting Harness             12.5.4 HVAC Harness             12.5.5 Dashboard/Cabin Harness             12.5.6 Battery Harness             12.5.7 Sunroof Harness             12.5.8 Door Harness     12.6 Truck              12.6.1 Engine Harness             12.6.2 Chassis Harness             12.6.3 Body & Lighting Harness             12.6.4 HVAC Harness             12.6.5 Dashboard/Cabin Harness             12.6.6 Battery Harness             12.6.7 Sunroof Harness             12.6.8 Door Harness     12.7 Market Leaders, 13 Automotive Wiring Harness Market, By 48v Architecture (Page No. The bottom-up approach has been used to estimate and validate the size of the wiring harness market. - 174)     17.1 Overview      17.2 Automotive Wiring Harness Market: Market Ranking Analysis      17.3 Competitive Leadership Mapping              17.3.1 Terminology             17.3.2 Visionary Leaders             17.3.3 Innovators             17.3.4 Dynamic Differentiators             17.3.5 Emerging Companies     17.4 Strength of Product Portfolio      17.5 Business Strategy Excellence      17.6 Winners vs. Solution partners such as Capital, for instance, are offering integrated software portfolios to facilitate the complete flow of wiring harness engineering and production, from development to production. Among these, the aluminum segment is anticipated to dominate the automotive wiring harness market, due to use of aluminum in harness system, number of manufacturers are using aluminum to produce lightweight harness system which helps to reduce the vehicle weight and reduce in carbon dioxide emission. A key trend stimulating the automotive wiring harness market outlook in recent years is the escalating integration of electronic devices into automobiles, to augment the safety features of the vehicles. Extensive primary research has been conducted after acquiring an understanding of the automotive wiring harness market scenario through secondary research. However, despite the uncertainty surrounding the true and long-term impact of the crisis, several organizations are planning and developing various contingency plans to help them navigate through this turbulent phase. Category: Automotive Industry Today | Subscribe to Automotive Industry Today Feed Published Mon, Sep 25th 2017. Automotive Wiring Harness Market Size, Share | Industry Analysis Report, 2020. Market Research Future (MRFR)’s latest study reveals that the market is predicted to grow at a 6.35% CAGR during the forecast period (2017–2023). Further, the country-level automotive wiring harness market by vehicle type and application is multiplied with the ASP of each application-specific harness. Automotive wiring harness refers to an assembly of cables that transmit signals during electrical applications. The automotive wiring harness market size, in terms of volume, is derived by estimating the country-level production of on-highway ICE vehicles (passenger car, LCV, truck, and bus) for each vehicle type. It is expected to exhibit a 6.35% CAGR during the assessment period (2017-2023). 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). 6.5.2 Automotive Wiring Harness Market, Optimistic Scenario 6.5.3 Automotive Wiring Harness Market, Pessimistic Scenario 6.6 Automotive Wiring Harness Market, Scenarios for … Rising integration of electronic devices in vehicles … Market Dynamics- Drivers. GMI reports provide the most comprehensive coverage of any focus industry, ensuring a holistic and deep understanding of the market, along with actionable and granular data. 18.11 Additional Companies      18.11.1 Americas                         18.11.1.1 General Cable Technologies Corporation                        18.11.1.2 Pacific Insight Electronics                        18.11.1.3 Prestolite Wire                        18.11.1.4 Cypress Industries             18.11.2 Europe                        18.11.2.1 Prysmian Group                        18.11.2.2 Kromberg & Schubert GmbH                        18.11.2.3 Draxlmaier                        18.11.2.4 Ke Elektronik                        18.11.2.5 Fintall Oy                        18.11.2.6 Coroplast Fritz Müller GmbH & Co                        18.11.2.7 Adaptronic Prüftechnik GmbH                        18.11.2.8 Czech Republic Onamba S.R.O. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report. Plastic Optical fiber 11.12.7. Posted on April 28, 2020 August 18, 2020 Author admin Comment(0) Automotive Wiring Harness Market by Material Type (Copper, Aluminum & Others), by Transmission Type (Data Transmission, Electrical Wiring), by Vehicle Type (Two Wheelers, Passenger Cars, Commercial Vehicles), by Application (Body Wiring … The growing demand for high-speed data transmission from vehicle manufacturers is driving the market for optical fiber cables in vehicles. Press Release Automotive Wiring Harness Market By Value, Is Projected To Grow To USD 55.4 Billion By 2027 From USD 43.3 Billion In 2019, At A CAGR Of 3.1% Given the rapid transition of auto mechanisms from mechanical to electronic systems, these automotive electronics are quickly becoming the core of automobile architecture. We have introduced ‘GMIPulse’, which is our report store; designed to offer clients a one-stop platform for all market research and business intelligence requirements. Automotive Wiring Harness Market 2017 Industry Analysis, Growth, Size, Share, Trends, Forecast to 2022. For instance, Indian auto component producer Elconconnectors Cables has recently inked a joint venture with the PT Askara Internal and PT Banshu Group from Indonesia, to develop and manufacture wiring harnesses for the Indian market. 18.11.3 Asia Pacific                        18.11.3.1 Spark Minda                        18.11.3.2 Thb Group                        18.11.3.3 Yura Corporation                        18.11.3.4 Saison Electronics                        18.11.3.5 Shenzhen Deren Electronics                        18.11.3.6 Unity Harness Limited             18.11.4 Rest of the World                        18.11.4.1 Hesto Harnesses                        18.11.4.2 Brascabos, 19 Appendix (Page No. Burgeoning popularity of sensors, including automated steering control systems and blind spot detection systems are projected to present lucrative opportunities for market expansion. At present, BEVs have achieved popularity on account of their capability to provide numerous societal, environmental, and … The average selling price (ASP) of automotive wiring harness is derived at country-level for each application and vehicle type and validated from primary interviews. Automotive Wiring Harness Market is expected to reach US$ XX Mn by 2024, expanding at a CAGR of XX from 2019 to 2024. In fact, China’s luxury car sales have been so strong that leading luxury brands such as Lamborghini and Maserati witnessed their best year in terms of sales growth in 2016. - 185)(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)*       18.1 Sumitomo Electric Industries      18.2 Yazaki Corporation      18.3 Aptiv PLC      18.4 Leoni AG      18.5 Furukawa Electric      18.6 Nexans      18.7 Samvardhana Motherson Group      18.8 Lear Corporation      18.9 Fujikura Ltd.      18.10 PKC Group *Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies. The summation of country-level market leads to the regional-level market in terms of value. Demand for advanced safety features, such as airbags, anti-lock braking system, electronic stability control system, and advanced driver assistance systems, is increasing, which in turn is expected to boost the demand for automotive secondary wiring harness. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines. The global automotive wiring harness market size is expected to reach USD 77.15 billion by 2025 at a 6.2% CAGR during the forecast period, according to a study conducted by Grand View Research, Inc. This gives the volume of automotive wiring harness market, by application, in a vehicle. Glass Optical fiber 11.12.6. Chinese automotive wiring harness company Shenzen Deren Electronics Co. Ltd. purchased auto connector and wiring harness business of CAEG in 2012. However, by 2027, the sales of HEVs is expected to decrease by 32%. - 42)    4.1 Automotive Wiring Harness Market: Trend, Forecast, Opportunity     4.2 Automotive Wiring Harness Market, By Region     4.3 Automotive Wiring Harness Market for Ice Vehicles, By Component     4.4 Automotive Wiring Harness Market, By Ice Vehicle Type     4.5 Automotive Wiring Harness Market, By Application     4.6 Automotive Wiring Harness Market for Ice Vehicles, By Transmission Type     4.7 Automotive Wiring Harness Market for Electric Vehicles, By Transmission Type     4.8 Automotive Wiring Harness Market for Ice Vehicles, By Material Type     4.9 Automotive Wiring Harness Market for Electric Vehicles, By Material Type     4.1 Automotive Wiring Harness Market, By Electric Vehicle Type, 5 Recommendations By Marketsandmarkets (Page No. The automotive wiring harness market is expected to register a CAGR of over 6.4% during the forecast period. Automotive Wiring Harness Market size will expand at a healthy CAGR through 2026 on account of growing demand for integration of advanced electronic safety functions in automobiles. Many prominent manufacturers of luxury cars such as BMW, Daimler, Volkswagen, Mercedes Benz, Audi, and Porsche have dynamically grown their markets in Asia Pacific, especially China. - 67)Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Pacific, Europe, North America and RoW      8.1 Introduction            8.1.1 Research Methodology           8.1.2 Assumptions           8.1.3 Industry Insights    8.2 Number of Harnesses in Each Application     8.3 Engine Harness     8.4 Chassis Wiring Harness     8.5 Body & Lighting Harness     8.6 HVAC Wiring Harness     8.7 Dashboard/Cabin Harness     8.8 Battery Wiring Harness     8.9 Seat Wiring Harness     8.10 Sunroof Wiring Harness     8.11 Door Wiring Harness, 9 Automotive Wiring Harness Market for Ice Vehicles, By Component (Page No. Monetary and other government subsidies, development of charging infrastructure, and increased fuel prices are likely to enhance the demand for BEVs. [221 Pages Report] The automotive wiring harness market, by value, is projected to grow to USD 55.4 billion by 2027 from USD 43.3 billion in 2019, at a CAGR of 3.1%. The global automotive wiring harness market was valued for US$ 54,629.4 Mn in 2019 is expected to exhibit a CAGR of 8.9% during the forecast period. Automotive Wiring Harness Market - Industry Analysis, Market Size, Share, Trends,Application Analysis, Growth and Forecast 2019 - 2024 Report Code: AM 56448 Report Format: PDF + Excel (Delivery in 48 Hrs) - 117)     13.1 Growing Trend of Vehicle Electrification      13.2 Need for 48v Architecture              13.2.1 Reduced Co2 Emissions Leads to Improvement in Fuel Economy             13.2.2 Engine Downsizing Improves Drivability     13.3 Impact of 48v Architecture on Automotive Wiring Harness              13.3.1 Impact on Wiring Harness             13.3.2 Electric Vehicle Wiring Harness                        13.3.2.1 Pipe-Shielded Wiring Harness                        13.3.2.2 Power Cable                        13.3.2.3 Direct Connector     13.4 48v Passenger Car Wiring Harness Market, By Region              13.4.1 Asia Pacific             13.4.2 Europe             13.4.3 North America, 14 Automotive Wiring Harness Market, By Electric Vehicle Type & Application (Page No. It also acts as a safety casing that aids in preventing fires caused by short circuits. The global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019. Market Dynamics- Drivers. Technavio has been monitoring the automotive engine wiring harness market and it is poised to grow by USD 112.18 million during 2020-2024, progressing at a CAGR of about 1% during the forecast period. This market is driven by the rapid growth of automobile industry owing to various technologically innovative features implemented in vehicles. Benchmarking the rapid strategy shifts of the Top 100 companies in the Automotive Wiring Harness Market, 7500+ companies worldwide approach us every year for their revenue growth inititatives. 2017-2024. - 81)Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Pacific, Europe, North America and RoW     9.1 Introduction            9.1.1 Research Methodology           9.1.2 Assumptions           9.1.3 Industry Insights    9.2 Connectors     9.3 Wires     9.4 Terminals     9.5 Other Components, 10 Automotive Wiring Harness Market, By Material Type (Page No. Additionally, number of new registrations per year is increasing throughout other emerging markets, especially in South-East India, which is serving as a positive growth environment for automotive wiring harness manufacturing … tweet; Acute Market Reports’s latest report on the “Automotive Wiring Harness” market provides in-depth understanding of competitive analysis, 2017 to 2025 market forecast, and market trends and sizes. The MarketWatch News Department was not involved in the creation of this content. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified by primary sources. 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. Automotive wiring harness market is envisioned to value at USD 81 Billion by 2029 end and is expected to register a CAGR of 5.7% over the forecast period 2020-2029.. Market Overview. - 128)     14.1 Introduction              14.1.1 Research Methodology             14.1.2 Assumptions             14.1.3 Industry Insights     14.2 Total Harness in Electric Vehicle Types      14.3 Battery Electric Vehicle (BEV)              14.3.1 Chassis Harness             14.3.2 Body & Lighting Harness             14.3.3 HVAC Harness             14.3.4 Dashboard/Cabin Harness             14.3.5 Battery Harness             14.3.6 Seat Harness             14.3.7 Sunroof Harness             14.3.8 Door Harness     14.4 Hybrid Electric Vehicle (HEV)              14.4.1 Engine Harness             14.4.2 Chassis Harness             14.4.3 Body & Lighting Harness             14.4.4 HVAC Harness             14.4.5 Dashboard/Cabin Harness             14.4.6 Battery Harness             14.4.7 Seat Harness             14.4.8 Sunroof Harness             14.4.9 Door Harness     14.5 Plug-In Hybrid Electric Vehicle              14.5.1 Engine Harness             14.5.2 Chassis Harness             14.5.3 Body & Lighting Harness             14.5.4 HVAC Harness             14.5.5 Dashboard/Cabin Harness             14.5.6 Battery Harness             14.5.7 Seat Harness             14.5.8 Sunroof Harness             14.5.9 Door Harness     14.6 Fuel Cell Electric Vehicle (FCEV)              14.6.1 Chassis Harness             14.6.2 Body & Lighting Harness             14.6.3 HVAC Harness             14.6.4 Dashboard/Cabin Harness             14.6.5 Battery Harness             14.6.6 Seat Harness             14.6.7 Sunroof Harness             14.6.8 Door Harness, 15 Electric Vehicle Wiring Harness Market, By Transmission Type (Page No. An electrical assembly of cables that transmit signals automotive wiring harness market share electrical applications growth in the coming years and compact harness... 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