Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • July 2020 •
  • 116 pages •
  • Report ID: 5949530 •
  • Format: PDF
The global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019.

An automotive wiring harness refers to an assembly of electric wires, connectors and terminals that relays power and information throughout the vehicle. It also acts as a safety casing that aids in preventing fires caused by short circuits. 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. The components are designed to ensure reliable transmission of energy and operate efficiently under high temperatures, vibration, moisture and noise. They are also commonly used to harness wiring of the chassis, heating, ventilation and air conditioning (HVAC) system and sensors.

Significant growth in the automotive industry across the globe is one of the key factors driving the market growth. In line with this, there is widespread adoption of electric vehicles (EVs), owing to growing environmental consciousness, which is driving the product demand. In comparison to the conventionally used wiring systems, automotive wiring harness offers highly secure and reliable connections, while enhancing the fuel efficiency of the vehicle. Wiring harnesses are also used for securing safety sensors, such as blind-spot detection and automated control systems, for superior vehicle performance. Various product innovations, such as the development of aluminum harnesses, are acting as another growth-inducing factor. Aluminum components are primarily used for vehicle electrification and minimizing vehicular weight, thereby leading to improved fuel economy and reduced carbon emissions. Other factors, including the utilization of cost-effective and reliable optical fibers, along with the growing demand for Advanced Driver Assistance Systems (ADAS) in vehicles, are projected to drive the market further. Looking forward, the analyst expects the market to exhibit moderate growth during the next five years.

Breakup by Application:
Body Wiring Harness
Engine Wiring Harness
Chassis Wiring Harness
HVAC Wiring Harness
Sensors Wiring Harness
Others

Breakup by Material Type:
Copper
Aluminum
Others

Breakup by Transmission Type:
Data Transmission
Electrical Wiring

Breakup by Vehicle Type:
Two Wheelers
Passenger Cars
Commercial Vehicles

Breakup by Category:
General Wires
Heat Resistant Wires
Shielded Wires
Tubed Wires

Breakup by Component:
Connectors
Wires
Terminals
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Delphi Technologies (BorgWarner Inc.), Furukawa Electric Co. Ltd., Lear Corporation, Leoni AG, Nexans Autoelectric GmbH, PKC Group Plc (Motherson Sumi Systems Ltd.), Samvardhana Motherson Automotive Systems Group B.V., Sumitomo Electric Industries Ltd., THB Group (AmWINS Group, Inc), YAZAKI Corporation, YURA Corporation, etc.

Key Questions Answered in This Report:
How has the global automotive wiring harness performed so far and how will it perform in the coming years?
What are the key regional markets?
What is the breakup of the market based on the application?
What is the breakup of the market based on the material type?
What is the breakup of the market based on the transmission type?
What is the breakup of the market based on the vehicle type?
What is the breakup of the market based on the category?
What is the breakup of the market based on the component?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global automotive wiring harness market and who are the key players?
What is the degree of competition in the industry?