Automotive Wiring Harness Market, By Component (Connectors, Wires (General Wire, Heat Resistant Wires, Shielded Wires, and Tubed Wires), and Terminals), By Material Type (Metallic Wiring (Copper, and Aluminum), and Optical Wiring (Glass Optical fiber and

Automotive Wiring Harness Market, By Component (Connectors, Wires (General Wire, Heat Resistant Wires, Shielded Wires, and Tubed Wires), and Terminals), By Material Type (Metallic Wiring (Copper, and Aluminum), and Optical Wiring (Glass Optical fiber and Plastic Optical fiber), By Propulsion System (IC Engine Vehicles, Electric Vehicles (Plug-In Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV), and Battery Electric Vehicle)) and by Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028

Automotive wiring harness is an organized set of component that includes connectors, wires, and terminals that run throughout the vehicle, they transmit signals with regards to speed, internal temperature and power to the respective automotive component and electric power to automotive component. This automotive harness combines many electronic and electrical devices into a single system.
In addition, automotive wiring harnesses are used in motorbikes, utility vehicles, commercial vehicles, and cars. Automotive wiring harnesses are designed according to the electrical and geometrical requirements of the vehicle and are embedded in the automotive vehicle. Wiring harnesses are embedded in the dashboard, windows, and electrical components of the automotive vehicle.
Market Dynamics
In the last few years, many electronic devices have been integrated into vehicles to provide enhanced features. For instance, in last few years automotive car manufacturers are offering advanced automotive features such as sunroof, touch infotainment system, airbags, tire pressure monitoring system, in developing economies of Asia Pacific region. Moreover, employing safety features in automotive cars enhances the security of the passenger in the vehicle, which has positively impacted the growth of the automotive wiring harness market. In addition, factors such as increasing disposable income and the initiatives taken by various governments for boosting the manufacturing in their country such as ‘Make in India initiative’ in India, has driven the growth of an automotive wiring harness market. For instance, according to India Brand Equity Foundation, in January 2020, Tata AutoComp Systems, an automotive component manufacturer has partnered with Beijing-based Prestolite Electric, to enter into the electric vehicle components market in India.
In an extreme weather condition, the wiring harness system of a vehicle may get affected due to an overheating issue, this may result in a replacement of the entire wiring harness system, which is very expensive and is expected to hamper the growth of the automotive wiring harness market over the forecast period.
Market Taxonomy
This report segments the global automotive wiring harness market on the basis of component, material type, propulsion system, and region. On the basis of Component, the global automotive wiring harness market is segmented into connectors, wires (general wires, heat resistant wires, shielded wires, and tubed wires), and terminals. On the basis of Material type, the global automotive wiring harness market is segmented into metallic wiring (copper and aluminum), and optical wiring (glass optical fiber and plastic optical fiber). On the basis of Propulsion system, the global automotive wiring harness market is segmented into IC engine vehicles and electric vehicles (plug-in hybrid electric vehicle (PHEV), hybrid electric vehicle (HEV), and battery electric vehicle). On the basis of Region, global automotive wiring harness market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa.
Key features of the study:
This report provides an in-depth analysis of the global automotive wiring harness market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2022 - 2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global automotive wiring harness market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Major companies operating in the global automotive wiring harness market are: Sumitomo Electric Industries, Ltd, Lear Corporation, Leoni AG, Motherson Group, Yazaki Corporation, Aptiv PLC, Furukawa Electric Co, Delphi Automotive LLP, Furukawa Electric Co. Ltd, Nexans Autoelectric, Yura Corporation, THB Group, BorgWarner, Inc, Nexans Autoelectric GmbH, and AmWINS Group Inc.
These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
The global automotive wiring harness market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automotive wiring harness market analysis
Detailed Segmentation:
Global Automotive Wiring Harness Market, By Component:
Connectors
Wires
General Wires
Heat Resistant Wires
Shielded Wires
Tubed Wires
Terminals
Global Automotive Wiring Harness Market, By Material Type:
Metallic Wiring
Copper
Aluminum
Optical Wiring
Glass Optical fiber
Plastic Optical fiber
Global Automotive Wiring Harness Market, By Propulsion System:
IC Engine Vehicles
Electric Vehicles
Plug-In Hybrid Electric Vehicle (PHEV)
Hybrid Electric Vehicle (HEV)
Battery Electric Vehicle
Global Automotive Wiring Harness Market, By Region:
North America
Latin America
Europe
Asia Pacific
Middle East and Africa
Company Profiles
Sumitomo Electric Industries, Ltd **
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Key highlights
Lear Corporation
Leoni AG
Motherson Group
Yazaki Corporation
Aptiv PLC
Furukawa Electric Co
Delphi Automotive LLP
Furukawa Electric Co. Ltd
Nexans Autoelectric
Yura Corporation
THB Group
BorgWarner, Inc
AmWINS Group Inc
**All the pointers will also be provided for the rest of the companies.
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