Automotive Wiring Harness Market

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $4,850	200 Pages	Fortune Business Insights Pvt. Ltd.	September, 2024	FOB19185552

Best Price Guarantee
Price	from $4,850
Length	200 Pages
Publisher	Fortune Business Insights Pvt. Ltd.
Published Date	September, 2024
SKU	FOB19185552

Automotive Wiring Harness Market

Growth Factors of Automotive Wiring Harness Market

The automotive wiring harness market size was valued at USD 49.73 billion in 2023, and the market is now projected to grow from USD 52.13 billion in 2024 to USD 81.94 billion by 2032, exhibiting a CAGR of 5.8% during the forecast period of 2023-2032.

Covid-19 pandemic has hindered the supply chain and restricted the people to their homes which has lowered the buying of vehicles. As electric bike is gaining popularity and have replaced non-motorized bikes in several regions driving market expansion. Despite the challenges of covid pandemic, the automotive wiring harness market has proven to be robust. Although the construction of electric vehicle has been delayed due to shortage of man power and procurement concerns of raw material.

Growing trend of advanced features being integrated into cars to drive automotive wiring harness market growth. Car makers and consumers have put pressure on electronic component providers to increase integrations and innovations as these devices become common accessories. Consumers of today want an in-car experience that keeps them amused, connected, and comfortable. They also expect more user-friendly technologies. As a result, automakers search for the most advanced features and technologies available. The global market is driven in large part by these important reasons.

Increased sales of electric vehicles are anticipated to fuel market expansion. Furthermore, EV sales will rise by double digits in a number of European nations in 2023 despite the economic downturn, which is the result of two policy initiatives. EU carbon dioxide (CO2) pollution regulations are a major factor in driving up sales of electric vehicles. The environment of government policy continues to be a primary driver of the growth in the number of EVs.

Comprehensive Analysis of Automotive Wiring Harness Market

The automotive wiring harness market and automotives industry is rising at an exponential rate due to its market segmentation. This market expansion effectively provides a detailed regional assessment considering the dominant supply and demand forces that impact the automotives benefit management industry. These segmentations are methodically segregated by component, by application and by vehicle type. The types of component segmentation include, Electric Wires, Connectors, Terminals, Others, by Application segmentation include Body, Engine, Chassis, HVAC, Sensors, and by Vehicle Type segmentation include Passenger Cars, Commercial Vehicles. In which electric wires will hold the major market share.

The Asia Pacific region lead the automotive wiring harness market by benefitting a market size of USD 20.45 billion in 2023 due to growing trend of advanced features integrated into cars and increased sales of electric vehicles.

The top players in the market play a crucial role in the automotives industry assuring industrial prospectus growth and setting market standards. These players include, Sumitomo Electric Industries (Osaka, Japan)

The top players in the market play a crucial role in the automotives industry assuring industrial prospectus growth and setting market standards. These players, which provide a level playing field for competition globally, are: Motherson (Noida, India), Spark Minda (New Delhi, India), Sumitomo Electric Industries (Osaka, Japan), PKC Group Ltd. (Helsinki, Finland), FURUKAWA ELECTRIC CO., LTD. (Tokyo, Japan), Nexans autoelectric GmbH (Germany), Leoni AG (Nuremberg, Germany), and THB Group (London, U.K. These industry participants offer a fair and competitive environment.

In March 2021, M&N Plastics, was purchased by Lear Corporation. Lear was able to produce intricate parts for electrical distribution, such as high-voltage wire harnesses and power electronics, by extending its vertical integration capabilities through this acquisition.

Segmentation Table

ATTRIBUTE DETAILS

Study Period 2019-2032

Base Year 2023

Estimated Year 2024

Forecast Period 2024-2032

Historical Period 2019-2022

Growth Rate CAGR of 5.8% (2024-2032)

Unit Value (USD Billion)

Segmentation By Component

- Electric Wires

- Connectors

- Terminals

- Others

By Application

- Body

- Engine

- Chassis

- HVAC

- Sensors

By Vehicle Type

- Passenger Cars

- Commercial Vehicles

By Geography

- North America (By Component, By Application, By Vehicle Type)

U.S. (By Vehicle Type )
Canada (By Vehicle Type )
Mexico (By Vehicle Type )

- Europe (By Component, By Application, By Vehicle Type)

U.K. (By Vehicle Type )
Germany (By Vehicle Type )
France (By Vehicle Type )
Rest of Europe (By Vehicle Type )

- Asia-Pacific (By Component, By Application, By Vehicle Type)

China (By Vehicle Type )
India (By Vehicle Type )
Japan (By Vehicle Type )
South Korea (By Vehicle Type )
Rest of Asia Pacific (By Vehicle Type )

- Rest of the World (By Component, By Application, By Vehicle Type)

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1. Introduction: 1.1. Research Scope; 1.2. Market Segmentation; 1.3. Research Methodology; 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics: 3.1. Market Drivers; 3.2. Market Restraints; 3.3. Market Opportunities
4. Key Insights: 4.1. Key Industry Developments - Merger, Acquisitions, and Partnerships; 4.2. Porter’s Five Forces Analysis; 4.3. Technological Developments; 4.4. Impact of COVID-19 on Automotive Wiring Harness Market
5. Global Automotive Wiring Harness Market Analysis, Insights and Forecast, 2019-2032: 5.1. Key Findings / Summary; 5.2. Market Analysis, Insights and Forecast – By Component; 5.2.1. Electric Wires; 5.2.2. Connectors; 5.2.3. Terminals; 5.2.4. Others; 5.3. Market Analysis, Insights and Forecast – By Application; 5.3.1. Body; 5.3.2. Engine; 5.3.3. Chassis; 5.3.4. HVAC; 5.3.5. Sensors; 5.4. Market Analysis, Insights and Forecast – By Vehicle Type; 5.4.1. Passenger Cars; 5.4.2. Commercial Vehicles; 5.5. Market Analysis, Insights and Forecast – By Region; 5.5.1. North America; 5.5.2. Europe; 5.5.3. Asia Pacific; 5.5.4. Rest of The World
6. North America Automotive Wiring Harness Market Analysis, Insights and Forecast, 2019-2032: 6.1. Key Findings / Summary; 6.2. Market Analysis, Insights and Forecast – By Component; 6.2.1. Electric Wires; 6.2.2. Connectors; 6.2.3. Terminals; 6.2.4. Others; 6.3. Market Analysis, Insights and Forecast – By Application; 6.3.1. Body; 6.3.2. Engine; 6.3.3. Chassis; 6.3.4. HVAC; 6.3.5. Sensors; 6.4. Market Analysis, Insights and Forecast – By Vehicle Type; 6.4.1. Passenger Cars; 6.4.2. Commercial Vehicles; 6.5. Market Analysis, Insights and Forecast – By Country; 6.5.1. United States; 6.5.1.1. By Vehicle Type; 6.5.2. Canada; 6.5.2.1. By Vehicle Type; 6.5.3. Mexico; 6.5.3.1. By Vehicle Type
7. Europe Automotive Wiring Harness Market Analysis, Insights and Forecast, 2019-2032: 7.1. Key Findings / Summary; 7.2. Market Analysis, Insights and Forecast – By Component; 7.2.1. Electric Wires; 7.2.2. Connectors; 7.2.3. Terminals; 7.2.4. Others; 7.3. Market Analysis, Insights and Forecast – By Application; 7.3.1. Body; 7.3.2. Engine; 7.3.3. Chassis; 7.3.4. HVAC; 7.3.5. Sensors; 7.4. Market Analysis, Insights and Forecast – By Vehicle Type; 7.4.1. Passenger Cars; 7.4.2. Commercial Vehicles; 7.5. Market Analysis, Insights and Forecast – By Country; 7.5.1. United Kingdom; 7.5.1.1. By Vehicle Type; 7.5.2. Germany; 7.5.2.1. By Vehicle Type; 7.5.3. France; 7.5.3.1. By Vehicle Type; 7.5.4. Rest of Europe; 7.5.4.1. By Vehicle Type
8. Asia Pacific Automotive Wiring Harness Market Analysis, Insights and Forecast, 2019-2032: 8.1. Key Findings / Summary; 8.2. Market Analysis, Insights and Forecast – By Component; 8.2.1. Electric Wires; 8.2.2. Connectors; 8.2.3. Terminals; 8.2.4. Others; 8.3. Market Analysis, Insights and Forecast – By Application; 8.3.1. Body; 8.3.2. Engine; 8.3.3. Chassis; 8.3.4. HVAC; 8.3.5. Sensors; 8.4. Market Analysis, Insights and Forecast – By Vehicle Type; 8.4.1. Passenger Cars; 8.4.2. Commercial Vehicles; 8.5. Market Analysis, Insights and Forecast – By Country; 8.5.1. China; 8.5.1.1. By Vehicle Type; 8.5.2. India; 8.5.2.1. By Vehicle Type; 8.5.3. Japan; 8.5.3.1. By Vehicle Type; 8.5.4. South Korea; 8.5.4.1. By Vehicle Type; 8.5.5. Rest of Asia Pacific; 8.5.5.1. By Vehicle Type
9. Rest of The World Automotive Wiring Harness Market Analysis, Insights and Forecast, 2019-2032: 9.1. Key Findings / Summary; 9.2. Market Analysis, Insights and Forecast – By Component; 9.2.1. Electric Wires; 9.2.2. Connectors; 9.2.3. Terminals; 9.2.4. Others; 9.3. Market Analysis, Insights and Forecast – By Application; 9.3.1. Body; 9.3.2. Engine; 9.3.3. Chassis; 9.3.4. HVAC; 9.3.5. Sensors; 9.4. Market Analysis, Insights and Forecast – By Vehicle Type; 9.4.1. Passenger Cars; 9.4.2. Commercial Vehicles
10. Competitive Analysis: 10.1. Key Industry Developments; 10.2. Global Market Position Analysis (2023); 10.3. Competition Dashboard; 10.4. Comparative Analysis – Major Players; 10.5. Company Profiles; 10.5.1. Sumitomo Electric Industries (Osaka, Japan); 10.5.1.1. Overview; 10.5.1.2. Products & services; 10.5.1.3. SWOT Analysis; 10.5.1.4. Recent Developments; 10.5.1.5. Strategies; 10.5.1.6. Financials (Based on Availability); 10.5.2. PKC Group Ltd. (Helsinki, Finland); 10.5.2.1. Overview; 10.5.2.2. Products & services; 10.5.2.3. SWOT Analysis; 10.5.2.4. Recent Developments; 10.5.2.5. Strategies; 10.5.2.6. Financials (Based on Availability); 10.5.3. Yazaki Corporation (Tokyo, Japan); 10.5.3.1. Overview; 10.5.3.2. Products & services; 10.5.3.3. SWOT Analysis; 10.5.3.4. Recent Developments; 10.5.3.5. Strategies; 10.5.3.6. Financials (Based on Availability); 10.5.4. THB Group (London, U.K.); 10.5.4.1. Overview; 10.5.4.2. Products & services; 10.5.4.3. SWOT Analysis; 10.5.4.4. Recent Developments; 10.5.4.5. Strategies; 10.5.4.6. Financials (Based on Availability); 10.5.5. Lear Corporation (Michigan, U.S.); 10.5.5.1. Overview; 10.5.5.2. Products & services; 10.5.5.3. SWOT Analysis; 10.5.5.4. Recent Developments; 10.5.5.5. Strategies; 10.5.5.6. Financials (Based on Availability); 10.5.6. FURUKAWA ELECTRIC CO., LTD. (Tokyo, Japan); 10.5.6.1. Overview; 10.5.6.2. Products & services; 10.5.6.3. SWOT Analysis; 10.5.6.4. Recent Developments; 10.5.6.5. Strategies; 10.5.6.6. Financials (Based on Availability); 10.5.7. Nexans autoelectric GmbH (Germany); 10.5.7.1. Overview; 10.5.7.2. Products & services; 10.5.7.3. SWOT Analysis; 10.5.7.4. Recent Developments; 10.5.7.5. Strategies; 10.5.7.6. Financials (Based on Availability); 10.5.8. Leoni AG (Nuremberg, Germany); 10.5.8.1. Overview; 10.5.8.2. Products & services; 10.5.8.3. SWOT Analysis; 10.5.8.4. Recent Developments; 10.5.8.5. Strategies; 10.5.8.6. Financials (Based on Availability); 10.5.9. Motherson (Noida, India); 10.5.9.1. Overview; 10.5.9.2. Products & services; 10.5.9.3. SWOT Analysis; 10.5.9.4. Recent Developments; 10.5.9.5. Strategies; 10.5.9.6. Financials (Based on Availability); 10.5.10. Spark Minda (New Delhi, India); 10.5.10.1. Overview; 10.5.10.2. Products & services; 10.5.10.3. SWOT Analysis; 10.5.10.4. Recent Developments; 10.5.10.5. Strategies; 10.5.10.6. Financials (Based on Availability)