Press release
Global Automotive Wiring Harness Market is Growing Due to Increase in Demand for Electronics and Safety Features in Passenger Car
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The Asia-Pacific market is growing with the highest rate, due to the growing consumer preference for safety features and high-end electronics in the heavy and light vehicles in the countries, such as India and China. The automotive wiring harness market in some countries of North America and Europe is saturated, as safety equipment and high-end electronics are already installed in most of the vehicles in these regions. Whereas, Canada and Mexico are still untapped markets, due to the commissioning of new vehicle assembly plants and increasing vehicle production capacity in the countries.
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Some of the competitors in the market are Lear Corporation, Furukawa Electric Co. Ltd., Samvardhana Motherson Group, Nexans Autoelectric GmbH, Sumitomo Electric Industries Ltd., YAZAKI Corporation, THB Group Ltd., and Delphi Automotive LLP.
Global Automotive Wiring Harness Market Segmentation
By Vehicle Type
• Electric Vehicle
• Passenger Vehicle
• Hybrid Vehicle
• Commercial Vehicle
By Product
• Chassis Wiring Harness
• Speed Sensors Wiring Harness
• Engine Wiring Harness
• Body Wiring Harness
• Others
By Geography
• North America
• Europe
• Asia -Pacific
• Rest of the World
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