Report Description
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.
The research also emphasizes on the impact of restraints, drivers, and macro
indicators on the regional and global Automotive Wiring Harness Market over the
short as well as long period of time. A detailed presentation of forecast, trends,
and dollar values of global Automotive Wiring Harness Market is offered. In accordance with the report, the global
Automotive Wiring Harness Market is projected to expand at a CAGR of 3.49 % over
the period of forecast.
Market Insight, Drivers, Restraints&
Opportunity of the Market:
An electric
assembly of various components like wires, terminals and connectors that run
through the entire vehicle and transmits power and information to a single
system is called an automotive wiring harness. The future of global automotive
wiring harness market looks favorable in the forecast period.
Increase in the sales of automotive wiring
harness is directly proportionate to the increase in market demand of vehicles
in economy and high price categories. Rising disposable income and low labor
cost in countries like India & China have led to an increase in
manufacturing of passenger cars and light commercial vehicles. This is one of the major drivers to boost
the automotive wiring harness market globally. Another significant trend that
can lead to the growth of this market is the increasing use of electric
vehicles. Increase in charging facilities, increase in fuel prices, favorable
support from government and environmental regulations are the major factors
attributed to expansion of electric vehicle which further increases the demand
of global Automotive Wiring Harness market.
However,
automotive Ethernet is now being used by few OEMs as a substitute to the
complex wiring harness structures. Ethernet represents a new trend in the
external as well as internal electronic device connectivity in an automobile.
They minimize the use of complex structure of wiring harness to a great extent.
This
may result into a decline in the
automotive wiring harness market internationally.
Luxury Cars sales have grown very strong in countries like China & Japan.
Due to this growth and increasing demand in China, India & Japan,
production of vehicles has increased considerably making Asia Pacific the
largest market for global Automotive Wiring Harness during the forecast
period.
There has been a
significant increase in Research & Development initiatives with
regards to the production of autonomous vehicle. In order to increase
mechanical performance and make the harness durable, manufacturers are using
advanced and high quality insulators, conductors and sheath for cables and
wires which will increase their efficiency in harsh environments.
Segment Covered:
This market
intelligence report on the global Automotive Wiring Harness Market encompasses
market segments based on component, material, transmission, application,
industry, electric vehicle, sales channel, vehicles and country/regions.
In terms of component, the global Automotive
Wiring Harness is segregated into
§ Automotive Electric Wires
§ Automotive Connectors
§ Automotive Terminals
§ Others
By material, the global Automotive Wiring
Harness is segregated into
§ Metallic
ü Copper
ü Aluminum
ü Other Metals
§ Optical Fiber
ü Plastic Optical Fiber
ü Glass Optical Fiber
By transmission, the global Automotive Wiring
Harness is segregated into
§ Data Transmission
§ Electric Wiring
By application, the global Automotive Wiring
Harness Market is also
classified into,
§ Body & Lightning Harness
§ Chassis Wiring Harness
§ Door Wiring Harness
§ Engine Harness
§ Airbag Harness
§ Battery Wiring Harness
§ HVAC Wiring Harness
§ Dashboard / Cabin Harness
§ Seat Wiring Harness
§ Sunroof Wiring Harness
§ Sensors
§ Others
By industry, the global Automotive Wiring
Harness Market is also
classified into,
§ Powertrain
§ Comfort, Convenience and Entertainment
§ Safety & Wiring
§ Body Wiring
§ Others
By sales channel, the global Automotive
Wiring Harness
Market is also classified into,
§ OEM
§ Aftermarket
By vehicle, the global Automotive Wiring
Harness Market is also
classified into,
§ Light Vehicle
ü Passenger Cars
ü Light Commercial Vehicle (LCV)
§ Heavy Vehicle
ü Heavy Commercial Vehicles
ü Medium Commercial Vehicles
ü Buses
ü Truck
By electric vehicle, the global Automotive
Wiring Harness
Market is also classified into,
§ Battery Electric Vehicle
§ Plug-In Hybrid Electric Vehicle
By country/region, the global Automotive Wiring Harness Market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australiumita and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Sumitomo Electrical Industries
§ Yazaki Corporation
§ Aptiv PLC
§ Leoni AG
§ Lear Corporation
§ Nexans
§ PKC Group
§ Minda Automotive
§ Fujikura
§ Delphi Automotive PLC
§ Samvardhana Motherson Group
§ THB Group
§ Yura Corporation
§ Kromberg & Schubert
§ Qingdao Sanyuan Group
§ Furukawa Electric and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as Automotive Wiring Harness related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the Automotive Wiring Harness Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world Automotive
Wiring Harness Market
is done by taking into account various parameters
such as company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Sumitomo Electrical
Industries, Yazaki Corporation, Aptiv PLC, Leoni AG, Lear Corporation, Nexans,
PKC Group, Minda Automotive, Fujikara, Delphi Automotive PLC, Samvardhana
Motherson Group, THB Group, Yura Corporation, Kromberg & Schubert, Qingdao
Sanyuan Group, Furukawa Electric and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for Automotive
Wiring Harness Market
caters to the needs of various stakeholders
pertaining to this industry, namely suppliers, manufacturers, investors, and
distributors for Automotive
Wiring Harness Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
Ø
Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the Automotive Wiring Harness Market
v
Identification
of key factors driving investment opportunities in the Automotive Wiring
Harness Market
v
Facilitate decision-making
based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key
partners and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants