Automotive Wiring Harness Market Report 2021: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2015-2026 – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026” report has been added to ResearchAndMarkets.com’s offering.
The global automotive wiring harness market exhibited moderate growth during 2015-2020. Looking forward, the market to grow at a CAGR of around 6% during 2021-2026.
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 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 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?
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
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
For more information about this report visit https://www.researchandmarkets.com/r/gbxegy
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