Global Automotive Wiring Harness Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Automotive Wiring Harness Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Automotive Wiring Harness refers to the components for the connecting circuit which strapped by copper punched contact terminals (connectors) crimped with wires and cables, adding plastic insulators or metal shells to the outside. At the moment, the wiring harnesses in cars are basically the same whether they are luxury cars or economy cars. They are all made up of wires, plugs and wrapping belts.

Automotive Wiring Harness has called the vessel, is generally considered to be the central nervous system of a car, the vehicle computer-related functions of the vehicle together. Automotive Wiring Harness in the car electronics technology content and quantity, has gradually become an important index to evaluate the performance of the automobile.

Market Overview:

The latest research study on the global Automotive Wiring Harness market finds that the global Automotive Wiring Harness market reached a value of USD 43624.66 million in 2022. It’s expected that the market will achieve USD 55008.3 million by 2028, exhibiting a CAGR of 3.94% during the forecast period.

Market Drivers

The increasing demand for high-speed data transmission by vehicle manufacturers has driven the Vehicle Wiring Harness market. Second, in the past few years, R&D programs related to the development of autonomous vehicles have increased significantly. Due to the deployment of electronic systems in these cars, advanced Wiring Harness is increasingly used in autonomous vehicles. Self-driving cars use advanced automation systems that generate large amounts of data. Therefore, they need advanced high voltage Wiring Harness to ensure the best performance. Therefore, the more recent technological development and development of the automotive industry is one of the important driving factors of Vehicle Wiring Harness. On the other hand, the page provides the impetus for the continued innovation of Automotive Wiring Harness.

Automotive wiring harnesses are closely bundled wires and data circuits, which serve as the central structure of the vehicle. To ensure safety and basic functions (such as driving, turning and stopping), and to provide comfort and convenience, cars are equipped with various electronic and electronic systems that use battery-powered control signals for operation.

The wiring harness is the channel for transmitting these signals and power. In this process, some of the main factors driving market growth are the increasing emphasis on safety solutions (the increasing number of accidents, consumers and governments have shown a strong interest in advanced safety features, and are committed to improving the performance of their vehicles. Security system, which in turn is expected to promote the development of the wiring harness market). The demand and use of hybrid and electric vehicles are increasing and the degree of electrification of vehicles is increasing.

Region Overview:

China had the highest growth rate of all regions.

Company Overview:

The top three companies are Yazaki Corporation, Sumitomo and Aptiv PLC with the revenue market share of 28.62%, 23.41% and 12.50% in 2019.

Yazaki Corporation is an independent automotive component maker founded in 1941. As well as automotive wire harnesses, our core product for which we command a top share in the global market, we develop and manufacture meters, electronic components and a host of other products for automotive use.

Sumitomo Electric Industries, Ltd. (SEI) is a manufacturer of electric wire and optical fiber cables. Headquarted in Chūō-ku, Osaka, Japan.

Segmentation Overview:

By type, Battery Electric Vehicle (BEV) segment accounted for the largest share of market in 2021.

Application Overview:

By application, the Chassis Wiring Harness segment occupied the biggest share from 2017 to 2022.

Key Companies in the global Automotive Wiring Harness market covered in Chapter 3:

Kunshan Huguang Auto
Yura
Sumitomo
Liuzhou ShuangFei Auto Electric Appliances
Yazaki Corporation
Aptiv PLC
Yingkou ABE Harness
Nantong Docharm Amphenol Automotive Electronics
Furukawa Electric
Shenyang Changzu Electrical Systems
PKC
Jiangsu Etern Company
Fujikura
Leoni
Wuhu Bokang Electrical
Nantong Youxing Wiring Harness
Lear
Dräxlmaier
Qingdao Sanyuan Group
Kyungshin
Haimen Jinxing Automotive Wiring Harness
Zhejiang Simtek auto-Electro
Nantong Guandong Moulding
Coroplast
THB Group
Shanghai Mankason Industry
Kromberg&Schubert
Nexans Autoelectric

In Chapter 4 and Chapter 14.2, on the basis of types, the Automotive Wiring Harness market from 2018 to 2029 is primarily split into:

Battery Electric Vehicle (BEV)
Hybrid Electric Vehicle (HEV)

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Automotive Wiring Harness market from 2018 to 2029 covers:

Body Wiring Harness
Engine Wiring Harness
Chassis Wiring Harness
HVAC Wiring Harness
Sensors Wiring Harness
Door Wiring Harness
Lighting Wiring Harness
Camera Wiring Harness
Seat Harness
Sunroof Harness
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)