Automotive Wiring Harness Market by Material (Copper, Aluminum, and Others), Propulsion (ICE Vehicles, Electric Vehicles, and Hybrid Vehicles), Vehicle Type (Two Wheeler, Passenger Cars, and Commercial Vehicles), Voltage (Low Voltage, and High Voltage), and Application (Body & Lighting, Engine, HVAC, Chassis, Dashboard & Cabin, and Others): Global Opportunity Analysis and Industry Forecast, 2021–2030
Automotive wiring harness is an organized set of electrical cables, connectors, and terminals responsible for transmission of signals in electrical system in a vehicle. It is a major component of an automotive used in transmitting information associated with operation of the vehicle, sending & receiving sensor signals, and supplying power. Automotive wiring harness is used for the vehicle body, dashboard, engine, chassis, and other parts. Body wiring harness comprises wiring harness used to transmit signals to electrical parts situated on the body of vehicle, such as head lights, rear lights, dippers, and side indicators.
Several automobile manufacturers are now focused on providing safety features in vehicles. Safety features such as advanced driver assistance system (ADAS), Lane departure warning systems (LDWS), and others aid in making vehicles safer. However, these safety systems require additional sensor hardware and special wiring to transmit data & power, which in turn is expected to increase the demand for wiring harness. Various automobile manufacturers develop and manufacture vehicles with improved technologies to meet the vehicle emission standards introduced by government organizations globally.
Rise in adoption of electric vehicles, growth in sale of luxury vehicles, and integration of advanced features in vehicles drive the growth of the market. However, high maintenance cost is a factor that hampers the growth of the market. Technological advancements, and increased development of autonomous vehicles are factors expected to offer growth opportunities during the forecast period.
The report segments the global automotive wiring harness market on the basis of material, propulsion, vehicle type, voltage, application, and region. It provides particulars about different material type such as copper, aluminum, and others. In addition; it further outlines information about the propulsion such as ICE vehicles, electric vehicles, and hybrid vehicles. The vehicle segment provides insights into two wheeler, passenger cars, and commercial vehicles. The voltage segment has been divided into low voltage and high voltage. The application segment included in the report covers body & lighting, engine, HVAC, chassis, dashboard & cabin, and others. Moreover, it summarizes the details about revenue generated across regions such as North America, Europe, Asia-Pacific, and LAMEA.
KEY BENEFITS FOR STAKEHOLDERS
This study presents the analytical depiction of the global automotive wiring harness market analysis along with the current trends and future estimations to depict imminent investment pockets.
The overall automotive wiring harness market opportunity is determined by understanding profitable trends to gain a stronger foothold.
The report presents information related to the key drivers, restraints, and opportunities of the global automotive wiring harness market with a detailed impact analysis.
The current automotive wiring harness market is quantitatively analyzed from 2021 to 2030 to benchmark financial competency.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers in the industry.
KEY MARKET SEGMENTS
By Material
Copper
Aluminum
Others
By Propulsion
ICE Vehicles
Electric Vehicles
Hybrid Vehicles
By Vehicle Type
Two Wheeler
Passenger Cars
Commercial Vehicles
By Voltage
Low Voltage
High Voltage
By Application
Body & Lighting
Engine
HVAC
Chassis
Dashboard & Cabin
Others
By Region
North America
U.S.
Canada
Mexico
Europe
Germany
France
UK
Russia
Rest of Europe
Asia-Pacific
China
Japan
India
South Korea
Rest of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
KEY PLAYERS
Aptiv PLC
Fujikura Ltd.
Furukawa Electric Co., Ltd
Lear Corporation
Leoni AG
NexansAutoelectricGmbh
SamvardhanaMotherson Group
Sumitomo Electric Industries, Ltd
Yazaki Corporation
Yura Corporation
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