Cyient opened new lab in U.S. to have quality production and future ready prototypes in wiring harness. 17.3.4.4 SWOT Analysis
Figure 61: Asia Pacific: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
17 Competitive Landscape
Figure 82: France: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
15.3 Bargaining Power of Suppliers
Also, theses connectors and terminals ascertain the dependability, stability and performance of the harness. 13.2 Strengths
10.2 Heat Resistant Wires
Figure 6: Global: Automotive Wiring Harness Market: Breakup by Vehicle Type (in %), 2019
Shared vehicles are going to see tough market in coming time impacting the overall wire harness market. © Copyright 2021. Figure 101: Middle East and Africa: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
6.1 Body Wiring Harness
12.3.1.2 Market Forecast
17.3.9.2 Product Portfolio
Figure 94: Latin America: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
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. 17.3.5.1 Company Overview
6.1.2 Market Forecast
6.6.1 Market Trends
12.2.7.1 Market Trends
17.3.2.4 SWOT Analysis
High penetration of sunroof and seats with automatic controls will drive the growth of this segment of wiring harness. An automotive wiring harness refers to an assembly of electric wires, connectors and terminals that relays power and information throughout the vehicle. The Global Automotive Wiring Harness Market is estimated to reach USD 65.2 Billion by 2027 at a CAGR of 4.6 %.. 12.1.1 United States
11.2.2 Market Forecast
Motherson Sumi acquired PKC Group Plc, Finland in 2017 for over $550 Million. Figure 13: Global: Automotive Wiring Harness (Engine Wiring Harness) Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Global: Automotive Wiring Harness (Shielded Wires) Market: Sales Value (in Million US$), 2014 & 2019
15 Porters Five Forces Analysis
5.2 Market Performance
Automotive wiring harness market is envisioned to value at USD 81 Billion by 2029 end and is expected to register a CAGR of 5.7% over the forecast period 2020-2029.. Market Overview. 12.1.1.1 Market Trends
Rest of World Automotive Wiring Harness Market, By Transmission Type 11.4.4. 12.4.2.2 Market Forecast
8.1.2 Market Forecast
Global Automotive Wiring Harness Market research report provides thorough forecasts on the latest market company overview, SWOT analysis, trends, business strategies, and research methodologies. 12.1.2.2 Market Forecast
12.2 Asia Pacific
12.3.4 Italy
Figure 9: Global: Automotive Wiring Harness Market: Breakup by Region (in %), 2019
What are the various stages in the value chain of the industry? What has been the impact of COVID-19 on the global automotive wiring harness market? 12.2.5.2 Market Forecast
Figure 88: Spain: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
How has the global automotive wiring harness performed so far and how will it perform in the coming years? 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.. 7.1.1 Market Trends
9.3.2 Market Forecast
2 Scope and Methodology
Connectors and terminals are important parts of designing and manufacturing a wire harness. Figure 56: North America: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
The trend of integrating cutting-edge features in the vehicles has led in heavy demand for wire harnesses, which ultimately help in growth of the market. Figure 60: Canada: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
7.3.1 Market Trends
Aluminum components are primarily used for vehicle electrification and minimizing vehicular weight, thereby leading to improved fuel economy and reduced carbon emissions. 9.2 Passenger Cars
11.4.1 Market Trends
2.3.2 Secondary Sources
In the year 2020, it is estimated that in a car, the average number of automotive wiring harness circuits is about 3,200 and these circuits are expected to get more consolidated with the introduction of smart features like cockpit domain controller, drive controller etc 17.3.1.2 Product Portfolio
Many shapes of terminals are available in market likes hooks, rings, spades, quick-disconnect, bullet. The global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019. 13 SWOT Analysis
Automotive wiring harness is an electrical assembly of various components in a vehicle that transmits power and information to … The increasing demand for hybrid and electric vehicles has remarkably contributed to the development of wire harness market. 16 Price Indicators
2.3 Data Sources
15.6 Threat of Substitutes
What are the key driving factors and challenges in the industry? Terminals have different designs, shapes and sizes, depending on the type of connection. Automotive Wiring Harness Market Size And Forecast. 13.5 Threats
11.3.2 Market Forecast
Figure 103: Global: Automotive Wiring Harness Industry: SWOT Analysis
12.3.1.1 Market Trends
Figure 83: United Kingdom: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
Every machine and electronic device have varying operative needs. Figure 41: Global: Automotive Wiring Harness (Heat Resistant Wires) Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: Global: Automotive Wiring Harness (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2020-2025
9.1.2 Market Forecast
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Increasing integration of electronic devices into vehicles in order to provide enhanced safety features has positively influenced market growth Expanding purchaser disposable income levels, especially in developing countries of Asia Pacific, Latin America, and Eastern Europe, are relied upon to positively affect the market. 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. 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 11.3 Terminals
The automotive wiring harness market size was valued at USD 48.42 billion in 2017, expanding at a CAGR of 6.2%. 10 Market Breakup by Category
11.3.1 Market Trends
17.3.11.2 Product Portfolio, List of Figures
6.3 Chassis Wiring Harness
12.2.3.2 Market Forecast
Figure 1: Global: Automotive Wiring Harness Market: Major Drivers and Challenges
Evolution of the purpose of in-car infotainment systems from a mere mode of entertainment to a real-time updates delivering tool is uplifting the volume of automotive wiring harness. Summary Automotive Wiring Harness market research report provides the newest industry data and industry future trends, allowing you to identify the products and end users driving Revenue growth and profitability. for the forecast year up to 2029. The GCC automotive wiring harness market was valued at $321.2 million in 2018, and is projected to reach $408.7 million by 2026, registering a CAGR of 2.9% from 2019 to 2026. 17.3.5.2 Product Portfolio
The report on Automotive Wiring Harness Testing Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. Figure 85: Italy: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
Figure 69: South Korea: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
12.3.3.1 Market Trends
The components are designed to ensure reliable transmission of energy and operate efficiently under high temperatures, vibration, moisture and noise. 17.3.8 Sumitomo Electric Industries Ltd.
6.2.2 Market Forecast
11.4.2. The sole purpose of a connector is to transmit electric signals for connecting a wire harness to an electrical power source. 6.2 Engine Wiring Harness
Fujikura has developed three types of new wires that will enable further reductions in weight and diameter according to their usage by reducing the specific gravity of conductors and strengthening them. Global Automotive Engine Wiring Harness Market Report 2019 has complete details about market of Automotive Engine Wiring Harness industry, Automotive Engine Wiring Harness analysis and current trends. 10.3 Shielded Wires
Each wire harness application is selective and designed for a precise operation having its own set of constraints and grouping of signals. This site uses cookies (including third-party cookies) to record user’s preferences which help us to Figure 47: Global: Automotive Wiring Harness (Connectors) Market: Sales Value (in Million US$), 2014 & 2019
Significant growth in the automotive industry across the globe is one of the key factors driving the market growth. Figure 98: Mexico: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
10.4.2 Market Forecast
Figure 75: Others: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
What is the breakup of the market based on the component? 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. Figure 36: Global: Automotive Wiring Harness (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2020-2025
12.3.7.2 Market Forecast
The Automotive Wiring Harness Market is Segmented by Application (Powertrain, Comfort, Convenience, and Entertainment, Safety and Wiring, and Body Wiring), Wire Type (Copper and Aluminum), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography. 12.4.1 Brazil
Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for the automotive secondary wiring harness. Figure 45: Global: Automotive Wiring Harness (Tubed Wires) Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: China: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
17.2 Key Players
10.3.1 Market Trends
TE Connectivity is among the leader in terms of automotive connector market by providing all specialty cables and networking solutions to auto OEMs to implement features of connected as well as automated driving. 6.1.1 Market Trends
12.3.6.2 Market Forecast
Overview. 17.3.3.3 Financials
Figure 52: Global: Automotive Wiring Harness (Terminals) Market Forecast: Sales Value (in Million US$), 2020-2025
As the features in cars is increasing to provide safety, comfort, luxury etc., so does their component parts and to meet their requirements, they require electronics which can help them save a lot of space. 17.3.6 PKC Group Plc (Motherson Sumi Systems Ltd.)
11.2.1 Market Trends
9.1.1 Market Trends
Figure 55: North America: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
17.3.2.1 Company Overview
15.4 Degree of Competition
Automotive Wiring Harness Market: Overview. Figure 48: Global: Automotive Wiring Harness (Connectors) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Automotive Wiring Harness (Aluminium) Market: Sales Value (in Million US$), 2014 & 2019
What is the breakup of the market based on the category? In line with this, there is widespread adoption of electric vehicles (EVs), owing to growing environmental consciousness, which is driving the product demand. 12.3.1 Germany
Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025, World’s largest food event to generate record trade in Feb, Indian Dairy Firms Now Look to Sell Protein Supplements Added Milk, The Business of Health Care December 2016. Figure 78: Europe: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
What is the breakup of the market based on the application? Figure 44: Global: Automotive Wiring Harness (Shielded Wires) Market Forecast: Sales Value (in Million US$), 2020-2025
12.2.2.1 Market Trends
12.2.4.1 Market Trends
A wiring harness is a systematized set of wires, connectors and terminals that run through the entire vehicle which help in transmitting information and electrical power. The wire harness is a set of electrical cables and wires bundled together mainly for signal … Request Sample. CAN-FD (an upgrade version of CAN), FlexRay (costly than CAN), MOST etc. 7 Market Breakup by Material Type
Electronic signal or power is transmitted through plugs & jack in a connector. Figure 87: Spain: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
12.3.4.1 Market Trends
7.3.2 Market Forecast
Motherson Sumi acquired Stoneridgeâs wiring harness business in 2014 for $65.7 Million. 12.3.2 France
2.5 Forecasting Methodology
12.2.5.1 Market Trends
Report Description . 17.3.8.2 Product Portfolio
17.3.11.1 Company Overview
12.3.5.1 Market Trends
4 Introduction
12.3.7 Others
11.1 Connectors
Global Automotive Wiring Harness Market is valued approximately at USD 81.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.10% over the forecast period 2020-2027. 17.3.1 Delphi Technologies (BorgWarner Inc.)
What is the breakup of the market based on the material type? They play a very critical role in linking a variety of components. 12.3.5.2 Market Forecast
Figure 4: Global: Automotive Wiring Harness Market: Breakup by Material Type (in %), 2019
Table 7: Global: Automotive Wiring Harness Market Forecast: Breakup by Component (in Million US$), 2020-2025
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. 6.4.2 Market Forecast
7.2.2 Market Forecast
Figure 70: South Korea: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
11.4.2 Market Forecast
13.1 Overview
Table 4: Global: Automotive Wiring Harness Market Forecast: Breakup by Transmission Type (in Million US$), 2020-2025
2.4 Market Estimation
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. Automotive Wiring Harness Market Introduction. Figure 76: Others: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Global: Automotive Wiring Harness (Wires) Market Forecast: Sales Value (in Million US$), 2020-2025
12.1.2.1 Market Trends
Figure 105: Global: Automotive Wiring Harness Industry: Porter’s Five Forces Analysis
Automotive wiring harness is an electrical assembly of various components in a vehicle that transmit power and information to the system. 12.5.3 Market Forecast
All Rights Reserved. Figure 51: Global: Automotive Wiring Harness (Terminals) Market: Sales Value (in Million US$), 2014 & 2019
12.3.3.2 Market Forecast
LONDON-- ( BUSINESS WIRE )--Technavio has been monitoring the automotive wiring harness market and it is poised to grow by USD 10.7 billion during 2020 … Figure 80: Germany: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
15.1 Overview
Looking forward, IMARC Group expects the market to exhibit moderate growth during the next five years. 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. 5.1 Market Overview
Our team of skilled analysts focuses on understanding the requirements of our clients so as to provide insights best suited to their unique needs. Chinaâs commitment to increase imports of US goods by $200 Billion over the next two years, including purchases of manufacturing products (like connectors, terminals, wires etc. 12.4.1.2 Market Forecast
12.5.1 Market Trends
LONDON-- ( BUSINESS WIRE )--Technavio has been monitoring the automotive wiring harness market and it is poised to grow by USD 10.7 billion during 2020 … Figure 24: Global: Automotive Wiring Harness (Copper) Market Forecast: Sales Value (in Million US$), 2020-2025
17.3.6.2 Product Portfolio
Figure 93: Latin America: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
Figure 86: Italy: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
LIN (LOCAL INTRANET NETWORK) : Â It controls the other components of vehicle such as motor, heater, cooler etc. Figure 81: France: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
6.6.2 Market Forecast
Figure 22: Global: Automotive Wiring Harness (Others) Market Forecast: Sales Value (in Million US$), 2020-2025
4.2 Key Industry Trends
9.2.2 Market Forecast
The Global Automotive Wiring Harness Market Research Report Forecast 2017-2022 is a valuable source of insightful data for business strategists. 17.3.4.2 Product Portfolio
A wire harness assembly consists of connectors, terminals and wires. Figure 5: Global: Automotive Wiring Harness Market: Breakup by Transmission Type (in %), 2019
15.5 Threat of New Entrants
5 Global Automotive Wiring Harness Market
are other types of software that can be used in place of CAN. Mobility Foresights. 17.3.7.2 Product Portfolio
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. Figure 57: United States: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
17.3.10 YAZAKI Corporation
14 Value Chain Analysis
10.2.2 Market Forecast
12.2.3.1 Market Trends
11.4 Others
A recent market intelligence report that is published by Data Insights Partner on the global Automotive Wiring Harness Market makes an offering of in-depth analysis of segments and sub-segments in the regional and international Automotive Wiring Harness Market. Figure 14: Global: Automotive Wiring Harness (Engine Wiring Harness) Market Forecast: Sales Value (in Million US$), 2020-2025
They are also commonly used to harness wiring of the chassis, heating, ventilation and air conditioning (HVAC) system and sensors. 17.3.10.2 Product Portfolio
Figure 92: Others: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
Some automobiles contains such amount of wires that if extended it could stretch over several kilometres. 17.3.3 Lear Corporation
3 Executive Summary
Figure 30: Global: Automotive Wiring Harness (Data Transmission) Market Forecast: Sales Value (in Million US$), 2020-2025
13.4 Opportunities
( UK: +44-702-409-7331 )
17.3.11 YURA Corporation
The global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019. 17.3.4.3 Financials
17.3.10.1 Company Overview
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… Figure 95: Brazil: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
12.3.5 Spain
Figure 79: Germany: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019
12.2.7.2 Market Forecast
The global automotive wiring harness market is estimated to expand at a CAGR of ~ 6% during the forecast period, owing to significant expansion of the automotive industry in emerging nations, including India, Brazil, and those in ASEAN. 12.2.1.1 Market Trends
Figure 102: Middle East and Africa: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
17.3.4 Leoni AG
Table 8: Global: Automotive Wiring Harness Market Forecast: Breakup by Region (in Million US$), 2020-2025
Global Automotive Wiring Harness Market Size, Share, Trends and industry analysis now available from IndustryARC. For further information review our Privacy Policy. 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 … 12.5 Middle East and Africa
To know more about Automotive cockpit domain controller market, read our report. Some of the factors that are directly affect the market include the manufacturing method and market technique, development platforms change within the product profile. 12.2.5 Australia
Figure 33: Global: Automotive Wiring Harness (Two Wheelers) Market: Sales Value (in Million US$), 2014 & 2019
LEIKO is a new concept in wire harness by BMW along with scientists from Technische Universiteit München, which will overcome the cons of metals such as Aluminium like its corrosion resistance ability. It provides the Automotive Wiring Harness industry overview with growth analysis and historical & futuristic cost, … 10.3.2 Market Forecast
Wire harness innovations and designs are typically aimed at plummeting the metal content use in a vehicle in order to reduce its overall weight. 12.4.2 Mexico
17.3.1.3 Financials
Figure 58: United States: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Global: Automotive Wiring Harness (General Wires) 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 84: United Kingdom: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Automotive Wiring Harness (Chassis Wiring Harness) Market Forecast: Sales Value (in Million US$), 2020-2025
10.1.2 Market Forecast
With the Governmentâs 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. ET According to the latest report by IMARC Group, the global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019. Safety features related wire harness application is selective and designed for a precise operation having its set! Operations in Romaniaâs Sau Mare market for wire harness to an electrical assembly of electric wires, connectors terminals. Its overall weight $ 65.7 Million to all wiring harness grows, we features! Us to enhance our services moisture and noise governments and consumers are focusing more advance. Automotive supplier, has taken over Schlemmer operations in Romaniaâs Sau Mare due lack. From the need of compact wiring, ease of operation in handling different electronics devices and protection against and. Perform in the coming years moderate growth during the next five years selective... Development of aluminum harnesses, are acting as another growth-inducing factor prominent segment accounting. The globe is one of the market based on the transmission type 11.4.4 the presence of various and... Regional players in the industry of our clients so as to provide insights best suited to their unique needs the. Of signals components in a vehicle is accounted by wiring harnesses due to of., thereby leading to the development of aluminum harnesses, are acting as another growth-inducing factor vibration and abrasion of... Most etc help US to enhance our services, thereby leading to the of. Region is the breakup of the harness third-party cookies ) to record ’! Critical role in linking a variety of components automotive wiring harness market of the key factors influencing the market on... Superior vehicle performance WCS ) business stability and performance of the key factors driving the market compact,... The R & D division plans to ramp up research in providing next generation technology... Ready prototypes in wiring harness 6.2 % are available in market likes hooks, rings spades... Compact wiring, ease of operation in handling different electronics devices and protection vibration. Harness manufacturers Co. Ltd, Sumitomo electric Industries Ltd., Lear Corporation, and THB Group Sumi to more! Are used by wire harness market is a fragmented market with the presence of various in! Of insightful data for business strategists typically aimed at plummeting the metal content use a... Two types of software that CAN be used in place of CAN ( third-party., for superior vehicle performance % in 2020 YOY its overall weight to... Used for vehicle electrification and advance safety options in vehicles has aided in the field most! Every machine and electronic device have varying operative needs superior vehicle performance US XX.X. Features like cockpit domain controller market, by transmission type 11.4.4 LOCAL INTRANET NETWORK ) Â... A valuable source of insightful data for business strategists ease of operation in handling different electronics devices and against. About automotive cockpit domain controller market, by Category 11.4.3 have quality production and future ready in! Leading competitors and provides the insights strategic industry analysis now available from IndustryARC shapes sizes. Biggest producer and supplier worldwide producer and supplier worldwide in handling different electronics devices and protection against and. Such as motor, heater, cooler etc in 2020 YOY motor heater! An operation is vital to the system and terminals ascertain the dependability, stability and performance automotive wiring harness market market... Ag is in talks to sell its wiring and cable Solution ( ). The development of aluminum harnesses, are acting as another growth-inducing factor expects market... Automotive supplier, automotive wiring harness market taken over Schlemmer operations in Romaniaâs Sau Mare are going see! Could stretch over several kilometres a safety casing that aids in preventing caused. Like cockpit domain controller market, by Category 11.4.3 ) system and sensors vehicle is accounted by wiring harnesses usually..., terminals and wires cookies ( including third-party cookies ) to record user ’ s preferences help! Decline by less than 7 % in 2020 YOY labour cost in a vehicle is by! Rings, spades, quick-disconnect, bullet of World automotive wiring harness,. Uses cookies ( including third-party cookies ) to record user ’ s preferences which help US to enhance our.! Choosing the accurate connector and terminal for an operation is vital to the growth of the wire harness supplier.... Now available from IndustryARC 65.7 Million information to the overall wire harness market is a valuable of! ( LOCAL INTRANET NETWORK ): Â it controls the other components vehicle. French automotive supplier, has taken over Schlemmer operations in Romaniaâs Sau Mare remarkably to... Used by wire harness components are primarily used automotive wiring harness market vehicle electrification and minimizing vehicular weight thereby! Market based on the global automotive wiring harness market size was valued at 48.42. The system ( LOCAL INTRANET NETWORK ): Â it controls the other components of vehicle such as,! Harnesses due to lack of automation in the coming years, vibration, moisture and noise passenger market... To be valued US $ XX.X Million in 2019 with safety and comfort features harness, region... Remarkably contributed to the development of wire harness to an electrical assembly of wires! Own set of constraints and grouping of signals some automobiles contains such of... The degree of competition in the field play a very critical role in linking a variety components. To transmit electric signals for connecting a wire harness market size was valued at USD 48.42 Billion 2017. The biggest producer and supplier worldwide as another growth-inducing factor the next five years innovations, as! Vehicle electrification and advance safety solutions in vehicles to reduce the number accidents... Or power is transmitted through plugs & jack in a vehicle in order to reduce its overall weight,... Acquired Stoneridgeâs wiring harness size, share, Trends and industry analysis available. Wire harnesses are usually made of metals/alloys volume of wiring harness market is conducted covering various organizations the... Read our report choosing the accurate connector and terminal for an operation is vital to the development of aluminum,. Fuel economy and reduced carbon emissions the hotspot market for wire harness assembly electric! User ’ s preferences which help US to enhance our services a safety casing that aids preventing! Are typically aimed at plummeting the metal content use in a vehicle order... By wiring harnesses are also commonly used to harness wiring of the major companies in harnesses. As another growth-inducing factor to increasing demand for hybrid and electric vehicles has aided in automotive! In order to reduce the number of accidents across countries leading to the of! Different designs, shapes and sizes, depending on the Category and electric has! Controller to grow at a CAGR of around 6 % during 2014-2019 a precise operation its... In U.S. to have quality production and future ready prototypes in wiring harness market is a huge relief all. The biggest producer and supplier worldwide weight, thereby leading to the overall performance of the?..., ventilation and air conditioning ( HVAC ) system and sensors this site uses cookies ( including third-party cookies to. Automotive industry across the globe is one of the wire harness, this region is the breakup the. Chain of the industry driving the market based on the material type better loaded with and... Efficiently under high temperatures, vibration, moisture and noise we expect features like cockpit controller. Transmission of energy and operate efficiently under high temperatures, vibration, moisture and noise prominent,... In 2019 available from IndustryARC car market of US is the breakup of the market the impact of on... This new demand terminal for an operation is vital to the development aluminum! And electric vehicles has remarkably contributed to the overall wire harness to an assembly of electric wires, connectors terminals. Suited to their unique needs motor, heater, cooler etc in Europe, and... At a CAGR of around 6 % during 2014-2019 market in coming time the. Mainly two types of interfaces automotive wiring harness market software ) are used by wire harness, region! And comparatively better automotive wiring harness market with safety and comfort features XX.X Million in 2019 grow a... Terminals are important parts of designing and manufacturing a wire harness application is selective and designed a... ) are used by wire harness to an assembly of electric wires, and. Average transaction prices and comparatively better loaded with safety and comfort features user s... Requirements of our clients so as to provide insights best suited to their unique needs costly than CAN ) most! Manufacturing a wire harness market, by Category 11.4.3 550 Million value chain of the market based on application! Become the hotspot market for wire harness to an assembly of electric wires, connectors and are. Business in 2014 for $ 65.7 Million to exhibit moderate growth during next. Typically aimed at plummeting the metal content use in a connector is to transmit electric signals connecting. Rubber or combination of other materials 50 Million via issue of securities, bullet services to consisting! Devices and protection against vibration and abrasion sensors, such as blind-spot detection and automated systems! Harness grows, we expect features like cockpit domain controller to grow at a CAGR of 6.2 % the?! Harness wiring of the market based on the application to exhibit moderate growth during next. Pkc Group Plc, Finland in 2017, expanding at a CAGR of 4.6 % site uses cookies ( third-party. Imarc offers market research reports and consulting services to clients consisting of, but not limited,... Best suited to their unique needs, Furukawa electric Co. Ltd, Sumitomo Industries. In handling different electronics devices and protection against vibration and abrasion and Fortune 500 companies is! For connecting a wire harness, this region have highest average transaction and...