Description
Automotive Wiring Harness Market
The global automotive wiring harness market is estimated to register a 6.35% CAGR during the forecast period from 2018 to 2023. In 2016, The global automotive wiring harness market was led by Asia-Pacific with a 45.22% share, followed by Europe and North America with shares of 25.33% and 22.01% respectively.
A wiring harness is an assembly of wires, terminals and connectors that run all over the vehicle and transmit signals and electric power, to connect a variety of components. They are a set of loose wires congregated into a single covering for a more organized system. They assist in starting the engine, lights, meters, navigation systems, power windows and doors, and other devices in the vehicle.
In addition, wiring harness are used to set up electric circuits in automobiles and are designed to provide effective functioning of operations in the extreme conditions. The wiring harness in automotive offers various benefits including reduced installation time, improved fuel efficiency, and reduced risk of shorts in electrical system.
In addition, a harness secures wires and cables against the adverse effects caused by abrasions, moisture, and vibrations in the car. Currently, increasing demand for latest systems in the vehicle coupled with rising trend of assimilating advanced features for improved performance and driving experience is anticipated to propel the market demand for wiring harness in automotives.
In addition, technological advancements in the automotive electrical systems owing to increasing trend of mounting additional features in the vehicles is projected to drive the market demand for automotive wiring harness.
Moreover, growing complexities of on-board electronics coupled with stringent regulations to reduce greenhouse gas emissions and fluctuating fuel prices are anticipated to escalate the market demand for automotive wiring harness over the forecast period.
However, factors such as high cost of wiring harness and over-heating or short circuit of the wiring harness are some factors expected to hamper the market growth during the forecast period.
Asia-Pacific is expected to be the fastest-growing market for automotive wiring harness during the forecast period. Increase in production coupled with the increased demand for advanced driver assistance systems in the developing nations of the region such as China and India is expected to increase the regional demand for automotive wiring harness.
Moreover, the presence of a large number of long-established automotive manufacturers in Europe is anticipated to propel the demand for automotive wiring harness in the region. In addition, immense demand of commercial vehicles in United States is expected to enable the growth of the auto components suppliers including the automotive wiring harness in North America over the forecast period.
Related reports: Research Report on Automotive Wiring Harness Industry in China, 2017-2021
Table of Contents
Table of Contents:
1 Executive Summary
2 Market Introduction
2.1 Definition
2.2 Scope of the Study
2.3 List of Assumptions
2.4 Market Structure
3 Research Methodology
3.1 Research Process
3.2 Primary Research
3.3 Secondary Research
3.4 Market Size Estimation
3.5 Forecast Model
4 Market Dynamics
4.1 Drivers
4.1.1 Focus on emerging nations for automotive manufacture
4.1.2 Growing Complexities of On-board Electronics
4.2 Restraints
4.2.1 High cost of wiring harness
4.2.2 Over-Heating or Short Circuit of the Wiring Harness
4.3 Opportunity
4.3.1 Increased need for comfort and safety
5 Market Factor Analysis
5.1 Porter’s Five Forces Analysis
5.1.1 Threat of New Entrants
5.1.2 Bargaining Power of Suppliers
5.1.3 Threat of Substitutes
5.1.4 Bargaining Power of Buyers
5.1.5 Rivalry
5.2 Supply Chain Analysis
6 Key Market Insights
6.1 Raw Material Substitution Trend
6.2 Recycling of Automotive Wiring Harness
6.3 Protocol Up-gradations
6.4 Speed Sensor Wiring Harness
6.5 Derating of Wiring Harness
7 Recommendations
7.1 Need for Innovation
7.2 Recycling Wiring Harness
7.3 Partnering with technology majors
7.4 Use of smart materials in automotive wiring harness
8 Global Automotive Wiring Harness Market, By Material Type
8.1 Overview
8.1.1 Copper
8.1.2 Aluminium
8.1.3 Others
9 Global Automotive Wiring Harness Market, By Component Type
9.1 Overview
9.1.1 Wires
9.1.2 Connectors
9.1.3 Terminals
10 Global Automotive Wiring Harness Market, By Application
10.1 Overview
10.1.1 Engine
10.1.2 Chassis
10.1.3 HVAC
10.1.4 Sensors
10.1.5 Body
10.1.6 Others
11 Global Automotive Wiring Harness Market, By Vehicle Type
11.1 Overview
11.1.1 Passenger Vehicle
11.1.2 Commercial Vehicle
12 Global Automotive Wiring Harness Market, By Region
12.1 Introduction
12.2 North America
12.2.1 U.S.
12.2.2 Canada
12.3 Europe
12.3.1 Germany
12.3.2 U.K.
12.3.3 France
12.3.4 Spain
12.3.5 Italy
12.3.6 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.2 Japan
12.4.3 India
12.4.4 Rest of Asia Pacific
12.5 Middle East and Africa
12.5.1 Middle East
12.5.2 Africa
13 Patent Trends
14 Competitive Landscape
14.1 Competitive Landscape
15 Company Profiles
15.1 Sumitomo Electric Industries Ltd.
15.1.1 Company Overview
15.1.2 Financial Overview
15.1.3 Products Offerings
15.1.4 Key Developments
15.1.5 SWOT Analysis
15.1.6 Key Strategy
15.2 Delphi Automotive Plc. (renamed itself as Aptiv)
15.2.1 Company Overview
15.2.2 Financial Overview
15.2.3 Products Offerings
15.2.4 Key Developments
15.2.5 SWOT Analysis
15.2.6 Key Strategy
15.3 YAZAKI Corporation
15.3.1 Company Overview
15.3.2 Financial Overview
15.3.3 Products Offerings
15.3.4 SWOT Analysis
15.3.5 Key Strategy
15.4 Lear Corporation
15.4.1 Company Overview
15.4.2 Financial Overview
15.4.3 Products Offerings
15.4.4 Key Developments
15.4.5 SWOT Analysis
15.4.6 Key Strategy
15.5 Leoni AG
15.5.1 Company Overview
15.5.2 Financial Overview
15.5.3 Products Offerings
15.5.4 Key Developments
15.5.5 SWOT Analysis
15.5.6 Key Strategy
15.6 Fujikura Ltd
15.6.1 Company Overview
15.6.2 Financial Overview
15.6.3 Products Offerings
15.6.4 Key Developments
15.6.5 SWOT Analysis
15.6.6 Key Strategy
15.7 PKC Group
15.7.1 Company Overview
15.7.2 Financial Overview
15.7.3 Products Offerings
15.7.4 Key Developments
15.7.5 SWOT Analysis
15.7.6 Key Strategy
15.8 Motherson Sumi Systems
15.8.1 Company Overview
15.8.2 Financial Overview
15.8.3 Products Offerings
15.8.4 Key Development
15.8.5 SWOT Analysis
15.8.6 Key Strategy
15.9 Furukawa Electric Co., Ltd.
15.9.1 Company Overview
15.9.2 Financial Overview
15.9.3 Products Offerings
15.9.4 Key Developments
15.9.5 SWOT Analysis
15.9.6 Key Strategy
15.1 THB Group
15.10.1 Company Overview
15.10.2 Financial Overview
15.10.3 Products Offerings
15.10.4 Key Strategy
