Automotive Wiring Harness Market In APAC 2024-2028
The automotive wiring harness market in APAC is forecasted to grow by USD 6064.1 mn during 2023-2028, accelerating at a CAGR of 4.36% during the forecast period. The report on the automotive wiring harness market in APAC provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing penetration of automotive electronics, increasing demand for battery electric vehicles (BEVs), and increasing use of advanced materials for wire harnesses.
Technavio's automotive wiring harness market in APAC is segmented as below:
By Vehicle Type
- Passenger vehicles
- Commercial vehicles
By Application
- Chassis
- Engine
- HVAC
- Sensors
- Body
By Geographical Landscape
This study identifies the advances in autonomous vehicles as one of the prime reasons driving the automotive wiring harness market in APAC growth during the next few years. Also, the increasing use of wire harnesses in the EV sector and growing application in automotive powertrains will lead to sizable demand in the market.
The report on the automotive wiring harness market in APAC covers the following areas:
- Automotive wiring harness market in APAC sizing
- Automotive wiring harness market in APAC forecast
- Automotive wiring harness market in APAC industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading automotive wiring harness market in APAC vendors that include Aptiv PLC, Coroplast Fritz Muller GmbH and Co. KG, DENSO Corp., Fujikura Co. Ltd., Furukawa Electric Co. Ltd., Lear Corp., Leoni AG, Minda Corp. Ltd., Nexans SA, Robert Bosch GmbH, Samvardhana Motherson International Ltd., Schaeffler AG, Sumitomo Electric Industries Ltd., Tianhai Auto Electronics Group Co. Ltd., Yazaki Corp., and YURA Corp.. Also, the automotive wiring harness market in APAC analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.