Dublin, Feb. 09, 2022 (GLOBE NEWSWIRE) -- The "Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global automotive wiring harness market reached a value of US$ 76.1 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 99.7 Billion by 2027, exhibiting a CAGR of 4.4% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic. These insights are included in the report as a major market contributor
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
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global automotive wiring harness market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on application, material type, transmission type, vehicle type, category and component
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 and YURA Corporation, etc
Key Questions Answered in This Report:
- How has the global automotive wiring harness market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global automotive wiring harness market?
- 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?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Automotive Wiring Harness Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Application
6.1 Body Wiring Harness
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Engine Wiring Harness
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Chassis Wiring Harness
6.3.1 Market Trends
6.3.2 Market Forecast
6.4 HVAC Wiring Harness
6.4.1 Market Trends
6.4.2 Market Forecast
6.5 Sensors Wiring Harness
6.5.1 Market Trends
6.5.2 Market Forecast
6.6 Others
6.6.1 Market Trends
6.6.2 Market Forecast
7 Market Breakup by Material Type
7.1 Copper
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Aluminum
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Others
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Transmission Type
8.1 Data Transmission
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Electrical Wiring
8.2.1 Market Trends
8.2.2 Market Forecast
9 Market Breakup by Vehicle Type
9.1 Two Wheelers
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Passenger Cars
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Commercial Vehicles
9.3.1 Market Trends
9.3.2 Market Forecast
10 Market Breakup by Category
10.1 General Wires
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Heat Resistant Wires
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Shielded Wires
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Tubed Wires
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market Breakup by Component
11.1 Connectors
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Wires
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Terminals
11.3.1 Market Trends
11.3.2 Market Forecast
11.4 Others
11.4.1 Market Trends
11.4.2 Market Forecast
12 Market Breakup by Region
13 SWOT Analysis
14 Value Chain Analysis
15 Porters Five Forces Analysis
16 Price Indicators
17 Competitive Landscape
17.1 Market Structure
17.2 Key Players
17.3 Profiles of Key Players
17.3.1 Delphi Technologies (BorgWarner Inc.)
17.3.1.1 Company Overview
17.3.1.2 Product Portfolio
17.3.1.3 Financials
17.3.2 Furukawa Electric Co. Ltd.
17.3.2.1 Company Overview
17.3.2.2 Product Portfolio
17.3.2.3 Financials
17.3.2.4 SWOT Analysis
17.3.3 Lear Corporation
17.3.3.1 Company Overview
17.3.3.2 Product Portfolio
17.3.3.3 Financials
17.3.3.4 SWOT Analysis
17.3.4 Leoni AG
17.3.4.1 Company Overview
17.3.4.2 Product Portfolio
17.3.4.3 Financials
17.3.4.4 SWOT Analysis
17.3.5 Nexans Autoelectric GmbH
17.3.5.1 Company Overview
17.3.5.2 Product Portfolio
17.3.6 PKC Group Plc (Motherson Sumi Systems Ltd.)
17.3.6.1 Company Overview
17.3.6.2 Product Portfolio
17.3.7 Samvardhana Motherson Automotive Systems Group B.V.
17.3.7.1 Company Overview
17.3.7.2 Product Portfolio
17.3.7.3 Financials
17.3.8 Sumitomo Electric Industries Ltd.
17.3.8.1 Company Overview
17.3.8.2 Product Portfolio
17.3.8.3 Financials
17.3.8.4 SWOT Analysis
17.3.9 THB Group (AmWINS Group, Inc)
17.3.9.1 Company Overview
17.3.9.2 Product Portfolio
17.3.9.3 Financials
17.3.10 YAZAKI Corporation
17.3.10.1 Company Overview
17.3.10.2 Product Portfolio
17.3.11 YURA Corporation
17.3.11.1 Company Overview
17.3.11.2 Product Portfolio
For more information about this report visit https://www.researchandmarkets.com/r/cd5qe1
