World Automotive Wiring Harness Market to See 5.83% CAGR to 2025, Led by Engine, Cabin, Lighting and HVAC
Demand of automotive wiring harness market driven by – “Rising trend of integrating advanced features for improving performance and driving experience and the increasing vehicle production are likely to fuel”.
Pune, India – May 29, 2018 /MarketersMedia/ —
Automotive wiring harness market valued at USD 78.27 Billion in 2017 and is projected to reach USD 120.69 Billion by 2025, at a CAGR of 5.83% during the forecast period. The base year for the study is 2017 and the forecast period is 2018–2025.
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In automotive wiring harness market research passenger car segment is estimated to hold the largest market share during the forecast period. The rising vehicle sales of passenger cars globally is responsible for the exponential growth of the automotive wiring harness market. Also, growing stringency of mandates related to emissions and vehicle safety performance in several countries is inflating the demand for automotive wiring harness.
Target Audience
• Automotive wiring harness manufacturers and component suppliers
• Automotive wiring harness component manufacturers and software suppliers
• Automotive OEMs
• Industry associations
• Automobile industry and related end-user industries
The ecosystem of the automotive wiring harness market consists of wiring harness manufacturers such as Sumitomo (Japan), Yazaki (Japan), Aptiv (UK), Lear (US), and Furukawa (Japan). The wiring harnesses are supplied to automotive OEMs such as BMW (Germany), Daimler (Germany), and Ford (US).
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The automotive wiring harness market analysis is based on various factors such as growth trends in vehicle production and regulations or mandates on the implementation of automotive electronics, which drive the automotive wiring harness market. The analysis has been discussed and validated by primary respondents, including experts from the automotive wiring harness market, automotive experts, manufacturers, and suppliers.
Premium Insights
• Attractive Opportunities in the Automotive Wiring Harness Market
• Market Share of the Automotive Wiring Harness Market, By Country
• Automotive Wiring Harness Market, By Application
• Automotive Wiring Harness Market, By Propulsion
• Automotive Wiring Harness Market, By EV Type
• Automotive Wiring Harness Market, By Vehicle Type
• Automotive Wiring Harness Market, By Component
• Automotive Wiring Harness Market, By Region
Asia Pacific is projected to be the largest market for automotive wiring harness by 2025. Increase in disposable income in developing countries such as India and China and rising demand for premium cars as well as advanced features in the vehicles are key growth drivers for market in this region. North American region is estimated to be the second largest market for automotive wiring harness market.
Connect for More Details for Discount and More Information “Automotive Wiring Harness Market by Application (Engine, Dashboard/Cabin, Body & Lighting, Airbag, HVAC, Battery), Propulsion, Vehicle (PC, LCV, Buses, Trucks), EV type, Component (Connectors, Wires, Terminals), Material, and Region – Global Forecast to 2025” report at http://www.reportsnreports.com/contacts/discount.aspx?name=315184 .
The report covers the automotive wiring harness market by region (Asia Pacific, Europe, North America, and the Rest of the World), application (Engine, Dashboard/Cabin, Body & Lighting, Chassis, HVAC, Battery, Airbag, Seat, Door, and Sunroof),material type (Copper, Aluminum, and others), vehicle type (Passenger cars, LCVs, Trucks, and Buses), component type (Wires, Connectors, Terminals, and Others), electric vehicle type (BEV, HEV, PHEV, and FCEV), and propulsion (ICE and EVs).
Automotive Wiring Harness Market, By Application
• Engine Harness
• Chassis Harness
• Body & Lighting Harness
• Hvac Harness
• Dashboard/Cabin Harness
• Battery Harness
• Airbag Harness
• Seat Harness
• Door Harness
• Sunroof Harness
The automotive wiring harness market is primarily driven by the factors such as rising trend of integrating advanced features in vehicles, growing demand for electric vehicles, and increase in global vehicle sales.
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