Automotive Wiring Harness Market Growth:
Automotive Wiring Harness Market size was valued at USD 49.46 Bn. in 2022 and the total revenue is expected to grow at 4.8% of CAGR through 2023 to 2029, reaching nearly USD 68.68 Bn.
Automotive Wiring Harness Market Drivers:
The growing awareness of the importance of safety and security has increased the demand for driver assist technologies (ACC, BSD, AFL, and LKA) that integrate advanced features in vehicles. Furthermore, vehicle manufacturers must adhere to safety regulations and include features such as airbags. Passive safety features have been mandated by the Bharat New Vehicle Safety Assessment Programme (BNVSAP). For example, starting in July 2019, standard fitment for driver-side and front passenger-side airbags was mandated for all new models starting in April 2021 and all existing models starting in September 2021 in India.
Automatic emergency braking systems are expected to be standard in vehicles in the United States by 2022, according to the NHTSA (National Highway Traffic Safety Association). The incorporation of multimedia and security systems has increased the rate of installation of wiring harnesses. To improve the driving experience, comfort features such as voice recognition system, ambient lighting system, heated seat, heated steering wheel, improved functionality of infotainment, digital IP display, cooled cupholder, and additional power steering functions have gained popularity.
These functions are carried out with the assistance of onboard electronic devices that use control signals powered by the battery. To transfer data, signals, and power, electronic devices require a wiring harness. In addition to these circuits, wiring harness bundles are installed in vehicles to ensure the proper operation of various features. The growing number of wiring harnesses required to design a vehicle with advanced features drives the growth of the automotive wiring harness market.
Automotive Wiring Harness Market Report Overview:
Maximize Market Research has issued papers to help clients understand the landscape of the Automotive Wiring Harness Market in which they compete. The research provides market insights to help clients understand future demand for their product and the Artichokes’s competitiveness. The Artichokes market overview provides detailed information on the market’s size, trade data, key players, and several market metrics such as life cycle, trends, and so on.
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Automotive Wiring Harness Market Regional Insights:
The report is segmented into several key countries, with market size, growth rate, import and export of EV Connectors market in these countries, which covering North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and Middle East and Africa.
Automotive Wiring Harness Market Segmentations:
by Component
1. Electric wire
2. Connector
3. Terminals
4. Other
by Application
1. Body
2. Engine
3. Chassis
4. HVAC
5. Sensors
by Vehicle type
1. Passenger car
2. Commercial vehicles
by Material type
1. Metallic
2. Optical fiber
by Transmission type
1. Electrical wiring
2. Data transmission
Electric wires, connectors, terminals, and other components are the categories into which the market is divided. In 2022, the terminal segment held a sizable share of the market and is predicted to develop at the fastest rate. The parts where the wire ends or joins to other parts are known as wiring harness terminals.
Similar to wiring harness connectors, the type of terminal needed will depend on the intended use and may have different size, shape, and insulating requirements. Non-insulated terminals are less expensive when protection from environmental factors, temperature, or moisture is not needed.
The three primary parts of a wire harness are terminals, wiring harness connectors, and wires. Different types of wiring connectors and terminals are available based on the desired environment.
Table of Content: Automotive Wiring Harness Market :
Part 01: Executive Summary
Part 02: Scope of the Automotive Wiring Harness Market Report
Part 03: Automotive Wiring Harness Market Landscape
Part 04: Automotive Wiring Harness Market Sizing
Part 05: Automotive Wiring Harness Market Segmentation by Type
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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Automotive Wiring Harness Market Key Players:
1. Aptiv PLC (US)
2. Delphi Automotive LLP (US)
3. The Harness Connection (US)
4. Lear Corporation (US)
5. QINGDAO SANYUAN GROUP (US)
6. Fujikura Ltd (Japan)
7. Furukawa Electric Co. Ltd. (Japan)
8. Sumitomo Electric Industries, Ltd. (Japan)
9. THB Group (UK)
10. Nexans (France)
11. Yura Corporation (Korea)
12. Leoni Ag (Germany)
13. PKC Group (Finland)
14. Minda Spark (India)
15. Devise Electronics Pvt. Ltd. (India)
16. EMDEP TestBoards (India)
17. Samvardhana Motherson Group (India)
18. AutoelectricYazaki Corporation (India)
Key Questions Addressed in This Report:
How has the Automotive Wiring Harness Market market performed so far and how will it perform in the coming years?
What is the market segmentation of the global Automotive Wiring Harness Market market?
What is the regional breakup of the global Automotive Wiring Harness Market market?
What are the price trends of various feedstocks in the Automotive Wiring Harness Market industry?
What is the structure of the Automotive Wiring Harness Market industry and who are the key players?
What are the various unit operations involved in a Automotive Wiring Harness Market processing plant?
What is the total size of land required for setting up a Automotive Wiring Harness Market processing plant?
What is the layout of a Automotive Wiring Harness Market processing plant?
What are the machinery requirements for setting up a Automotive Wiring Harness Market processing plant?
What are the raw material requirements for setting up a Automotive Wiring Harness Market processing plant?
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Key Insights Covered the Automotive Wiring Harness Market Report:
Market Coverage:
Market Trends
Market Breakup by Segment
Market Breakup by Region
Price Analysis
Impact of COVID-19
Market Forecast
Key Aspects Required for Setting Up a Automotive Wiring Harness Market Plant:
Detailed Process Flow:
Product Overview
Unit Operations Involved
Mass Balance and Raw Material Requirements
Quality Assurance Criteria
Technical Tests
Project Details, Requirements and Costs Involved:
Land, Location and Site Development
Plant Layout
Machinery Requirements and Costs
Raw Material Requirements and Costs
Packaging Requirements and Costs
Transportation Requirements and Costs
Utility Requirements and Costs
Human Resource Requirements and Costs
Project Economics:
Capital Investments
Operating Costs
Expenditure Projections
Revenue Projections
Taxation and Depreciation
Profit Projections
Financial Analysis
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