IMARC Group, a leading market research company, has released a report titled “Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. offers a comprehensive analysis of the industry, which comprises insights on the global automotive wiring harness market trends. The market size reached US$ 80.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 103.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.15% during 2023-2028.
An automotive wiring harness is a combination of electric wires in a vehicle that provides a comprehensive power supply and signal transmission. It consists of terminals, connectors, and seals produced from thermoset or thermoplastic materials to offer protection to the wires and cables from the harsh external environment. It can endure high temperatures and can be customized to meet the specific requirements of the vehicle owner. It connects various vehicle components such as the dashboard, engine, body, chassis, and doors to fulfill electrical and dimensional requirements. It also connects the internal vehicular system with components such as ignition switch connectors, engine fans, power horn relays, brake lights, and power windows. As a result, the automotive wiring harness is widely utilized in passenger cars, two-wheelers, and commercial vehicles.
Request Your Sample Report Now: https://www.imarcgroup.com/automotive-wiring-harness-market/requestsample
Automotive Wiring Harness Market Trends and Drivers:
The market is primarily driven by the significant expansion in the automotive industry. In addition, the increasing demand for automotive wiring harnesses to enhance safety measures, and power delivery systems is contributing to the market growth. Moreover, the growing environmental awareness and enhanced focus on sustainable development led to the widespread adoption of electric vehicles (EVs), which helps reduce fossil fuel consumption and automobile exhaust emissions, representing another major growth-inducing factor. Besides this, the rising product use in hybrid cars to manage electrical loads and resist electromagnetic noise and the incorporation of automobiles with advanced driver assistance systems (ADAS) are propelling the market growth. Furthermore, the advent of aluminum harnesses for minimizing vehicular weight and the extensive research and development (R&D) conducted by key market players are creating a positive market outlook.
Competitive Landscape:
The competitive landscape of the market has also been analyzed, with some of the top leading automotive wiring harness manufacturers.
Some of these key players include:
Delphi Technologies (BorgWarner Inc.)
Furukawa Electric Co. Ltd.
Lear Corporation
Leoni AG
Nexans Autoelectric GmbH
PKC Group Plc (Motherson Sumi Systems Ltd.)
Samvardhana Motherson Automotive Systems Group B.V.
Sumitomo Electric Industries Ltd.
THB Group (AmWINS Group, Inc)
YAZAKI Corporation
YURA Corporation
Ask Analyst for Sample Report: https://www.imarcgroup.com/request?type=report&id=2158&flag=C
The report has segmented the market on the basis of Product Type, End-User and Region.
Breakup by Application:
Body Wiring Harness
Engine Wiring Harness
Chassis Wiring Harness
HVAC Wiring Harness
Sensors Wiring Harness
Others
Breakup by Material Type:
Copper
Aluminum
Others
Breakup by Transmission Type:
Data Transmission
Electrical Wiring
Breakup by Vehicle Type:
Two Wheelers
Passenger Cars
Commercial Vehicles
Breakup by Category:
General Wires
Heat Resistant Wires
Shielded Wires
Tubed Wires
Breakup by Component:
Connectors
Wires
Terminals
Others
Market Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
If you need specific information that is not currently within the scope of the report, we will provide it to you as a part of the customization.
About Us
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
Contact US
IMARC Group
Email: sales@imarcgroup.com
USA: +1-631-791-1145 | Asia: +91-120-433-0800
Address: 134 N 4th St. Brooklyn, NY 11249, USA
Follow us on Twitter: @imarcglobal