According to a new market research report published by Credence Research “Automotive Wiring Harness Market (By Material: Copper, Aluminum and Other Metals and Alloys; By Vehicle Type: Two Wheelers, Passenger Cars, Light Commercial Vehicles and Heavy Commercial Vehicles; By Application: Chassis, Body, Engine, HVAC and Sensors) – Growth, Future Prospects, and Competitive Landscape, 2017-2025”, the automotive wiring harness market is expected to reach US$ 92.9 Bn in 2025.
The complete report is available at http://www.credenceresearch.com/report/automotive-wiring-harness-market
Post economic depression, growing demand for automobiles with enhanced safety and functionality features has been a major driving factor for the growth in the global automotive sector. From past few years, growth in the automotive sector has created new avenues for adjacent industries such as automotive wiring harness market to flourish. Consumer preference for technologies such as advanced driving assistance and smart automotive electrical components have encouraged automobile manufacturers to incorporate these technologies into their vehicles. In addition, stringent regulations framed by the automobile associations such as Society of Automotive Engineers (SAE) and International Standard Organization (ISO) for safety and fuel economy have been major driving factors for a revolution in the automotive industry. Demanding nature of new age automobiles has created a need for efficient wiring harnesses to sustain rising electric load.
Companies such as Ashok Minda Group, China Auto Electronics Group Limited (THB Group), Delphi Automotive LLP, Furukawa Electric Co., Ltd., Fujikura Ltd., LEONI AG, Lear Corporation, Nexans autoelectric GmbH, PKC Group, Sumitomo Electric Industries, Ltd., Qingdao Yujin Electro-Circuit Systems Co., Ltd., Spark Minda, Kromberg & Schubert KG, Samvardhana Motherson Group and Yazaki Corporation are extensively profiled as leading automotive harness manufacturers in this report.period.
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1.1. Report Scope and Description
1.2. Research Methodology
1.2.1. Phase I-Secondary Research
1.2.2. Phase II-Primary Research
1.2.3. Phase II-Expert Panel Review
1.2.5. Approach Adopted
2. Executive Summary
2.1. Global Automotive Wiring Harness Market Snapshot
2.2. Global Automotive Wiring Harness Market, By Material
2.3. Global Automotive Wiring Harness Market, By Vehicle Type
2.4. Global Automotive Wiring Harness Market, By Application
2.5. Global Automotive Wiring Harness Market, By Geography …
5. Global Automotive Wiring Harness Market Value, By Vehicle Type, 2015 – 2025 (US$ Mn)
5.1. Market Analysis
5.2. Two Wheelers
5.3. Passenger Cars
5.4. Light Commercial Vehicles
5.5. Heavy Commercial Vehicles …
11. Company Profiles
11.1. Ashok Minda Group
11.2. China Auto Electronics Group Limited (THB Group)
11.3. Delphi Automotive LLP
11.4. Furukawa Electric Co., Ltd.
11.5. Fujikura Ltd.
11.6. LEONI AG
11.7. Lear Corporation
11.8. Nexans Autoelectric GmbH
11.9. PKC Group …
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The global automotive wiring harness market is segmented, based on material, into following categories:
- Other Metals and Alloys
In 2016, aluminum wiring harness dominated the overall automotive wiring harness market. Aluminum wiring harness is the most commonly used and easily available wiring harness in the market. It offers several merits such as reduction in weight, easy availability and low-cost alternative for the copper harness. Consumers and manufacturers are replacing their heavier copper wiring harness with more economical aluminum wiring harness. Thereby, the demand for aluminum wiring harness has been on a consistent rise in various markets especially in the cost-sensitive markets of Asia Pacific region.
The global automotive wiring harness market has been segmented, on the basis of geographical regions, into the following regions and countries:
- North America
- Rest of North America
- Rest of Europe
- Asia Pacific
- Rest of Asia Pacific
- Rest of the World (RoW)
- The Middle East and Africa
- Latin America
In 2016, Asia Pacific dominated the overall automotive wiring harness market in terms of market value. Continuously flourishing automotive sector including new as well as old automobiles and expansion of after sales market have significantly boosted the growth of automotive wiring harness market in this region. Furthermore, presence of key wiring harness manufacturers and implementation of automotive standards in developing countries such as India and China have encouraged the adoption of automotive wiring harness. Thereby, Asia Pacific region is expected to dominate the overall automotive wiring harness market throughout the forecast period during 2017- to 2025.
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