Global Automotive Wiring Harness Market 2024-2028
The automotive wiring harness market is forecasted to grow by USD 13.15 bn during 2023-2028, accelerating at a CAGR of 4.83% during the forecast period. The report on the automotive wiring harness market 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 use of advanced materials for wire harnesses, and increasing use of wire harnesses in EV sector.
Technavio's automotive wiring harness market is segmented as below:
By Vehicle Type
- Passenger vehicles
- Commercial vehicles
By Application
- Chassis
- Engine
- HVAC
- Sensors
- Body
By Geographical Landscape
- APAC
- Europe
- North America
- South America
- Middle East and Africa
This study identifies the advances in autonomous vehicles as one of the prime reasons driving the automotive wiring harness market growth during the next few years. Also, the advent of 3D printing technology for wiring harness manufacturing and the growing application of automotive wiring harnesses in automotive powertrains will lead to sizable demand in the market.
The report on the automotive wiring harness market covers the following areas:
- Automotive wiring harness market sizing
- Automotive wiring harness market forecast
- Automotive wiring harness market 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 vendors that include Aptiv Plc, Assembly Solutions Ltd., Coroplast Fritz Muller GmbH and Co. KG, Cypress Holdings Ltd. dba Cypress Industries, DRAXLMAIER Group, Eugen Forschner GmbH, Fujikura Ltd., Furukawa Electric Co. Ltd., Kromberg and Schubert Automotive GmbH and Co. KG, Lear Corp., Leoni AG, Minda Corp. Ltd., Nexans SA, Precision Cable Assemblies, Prysmian Spa, Samvardhana Motherson International Ltd., Sumitomo Corp., Tianhai Auto Electronics Group Co. Ltd., Yazaki Corp., and YURA Corp. Also, the automotive wiring harness market 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 and an analysis of the key vendors.
The publisher presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources through 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 primary and secondary research. 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 accurate market growth.