Press release
Automotive Wiring Harness Market 2018 Key Country Analysis: Delphi, Yazaki, Leoni Group, Sumito Electric Industries, Furukawa Electric, Fujikura, PKC Group, SPARK MINDA, THB Group, Yura
Automotive Wiring Harness Market
Global Automotive Wiring Harness Market Information Report by Vehicle Type (Passenger Car, Light Motor Vehicles, Heavy Motor Vehicle and Others), by material type (Copper, Aluminium and Others) by Application (Engine, HVAC, Body, Chassis, Sensors and Others), and by Regions - Global Forecast To 2023
Market Research Future (MRFR)’s recent assessment of the global market for automotive wiring harness revealed that demand for automotive wiring harness will continue to surge at a noteworthy pace in emerging markets over the next five years. According to MRFR’s assessment, the market will surpass a valuation of USD 98 Bn towards the end of 2023, representing a healthy growth rate.
Get Sample Report@ https://www.marketresearchfuture.com/sample_request/2408
Automotive wiring harness is a key vehicle component, therefore the market’s performance is closely related with the growth trend of the automotive industry. Both conventional and new-age vehicles require wiring harness for electrification purposes, which remains a major growth enabler for the market. Increased sales of passenger cars in counties such as India, China, Brazil and Mexico among others has boosted the global vehicle production in recent years. This is considered as a major factor fueling the demand for various types of automotive parts and components, including automotive wiring harness.
As automation and self-drive vehicle trends gain momentum, automotive electrification technology enters an evolution phase. It is extremely important for automotive wiring harness manufacturers to remain aligned with the latest technology trends in the automotive sector. Moreover, the emphasis that is being placed on reaching maximum output levels using minimum power is influencing the design, material and technology used for manufacturing automotive wiring harness. A large number of manufacturers are stepping up their R&D efforts in order to meet the present and future expectations. As a result, new automotive electrical systems have arrived that are not only replacing the traditional wiring systems but allowing carmakers to add leading-edge electronic specifications in their vehicles. MRFR also finds that demand for premium-end passenger cars has increased in recent years and the trend is likely to continue over the medium term if not beyond. This is also expected to support the growth of the automotive wiring harness market.
Latest Industry Trend and News:
Japan based Sumitomo Electric Industries Ltd is reportedly set to collaborate with ADTRAN, Inc to strengthen its sale, marketing and support of broadband access technologies, especially EPON gear. The move will also allow Sumitomo transfer its North American EPON operations to ADTRAN.
Motherson Sumi Systems Ltd, an automotive component manufacturers based in India has announced that it has reached an agreement with Cerberus Capital Management, a US-based alternative investment firm to acquire Reydel Automotive Group. Reportedly, Motherson Sumi Systems will make a transaction of $201 million for the Netherlands-based automotive company.
Global Market for Automotive Wiring Harness – Segmental Analysis
By vehicle type, the market has been segmented into heavy motor vehicle, light motor vehicles, passenger car and other. On the basis of material type, the market has been segmented into aluminum, copper and others. Based on application, the market has been segmented into HVAC, body, sensors, chassis, engine and others
Regional Overview
Asia-Pacific (APAC) is expected to remain a highly attractive market for automotive wiring harness through 2023. Tremendous growth of the automotive sector in APAC has provided an impetus to the region’s market. A growing pool of middle class coupled with rising disposable income per capita is playing an important role in driving the sales of passenger cars in countries such as China and India. At the same time, strong two wheeler sales is contributing to the growth of the market as well. Meanwhile, Europe and North America will remain the other two important markets for automotive wiring harness over the next couple of years.
Global Market for Automotive Wiring Harness – Competitive Dashboard
Some of the key companies operating in the market include Yazaki Corporation, Sumitomo Electric Industries, Fujikura Ltd, SPARK MINDA, Yura Corporation, Delphi Corporation, Leoni Group, Furukawa Electric, THB Group, and PKC Group.
The report for Global Automotive Wiring Harness Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Complete Report Details@ https://www.marketresearchfuture.com/reports/automotive-wiring-harness-market-2408
Continued…….
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Automotive Wiring Harness Market 2018 Key Country Analysis: Delphi, Yazaki, Leoni Group, Sumito Electric Industries, Furukawa Electric, Fujikura, PKC Group, SPARK MINDA, THB Group, Yura here
News-ID: 1096372 • Views: …
More Releases from Market Research Future
Ophthalmic Topical Therapeutics Market | Global Market Analysis Report - 2035
Ophthalmic Topical Therapeutics: Advancing Eye Care Through Targeted Treatment
Ophthalmic topical therapeutics have become a cornerstone in modern eye care, offering precise, localized treatment for a wide range of ocular conditions. Unlike systemic medications, which circulate throughout the body and may produce unintended side effects, topical therapies deliver active compounds directly to the eye, ensuring higher efficacy and a faster onset of action. This localized approach not only improves treatment outcomes…
Mental Health Apps Market Share, Size, Growth and Forecast to 2035
Mental Health Apps: Transforming the Way We Care for Our Minds
In recent years, mental health has gained increasing recognition as an essential component of overall well-being. Despite growing awareness, many individuals still face barriers to accessing mental health support, including stigma, cost, and geographic limitations. Mental health apps have emerged as a transformative solution, leveraging technology to provide accessible, personalized, and convenient mental health care for millions worldwide.
The Rise of…
Surgical Gloves Market Size, Share, Growth | CAGR of 4.95%
Surgical Gloves: A Critical Component of Modern Healthcare
Surgical gloves have become an indispensable element in modern healthcare, serving as a first line of defense against contamination, infection, and disease transmission. These gloves are not just protective gear-they are a symbol of safety, hygiene, and precision in medical practice. Their significance spans from routine hospital procedures to complex surgical interventions, highlighting their essential role in patient care and medical safety protocols.
The…
Asia Pacific CRO Market Size, Share & Growth Report by 2035
Asia Pacific CRO Market: Driving Innovation and Transformation in the Clinical Research Landscape
The Asia Pacific Contract Research Organization (CRO) market has been witnessing significant growth over the past decade, emerging as a pivotal hub for clinical research and drug development. With a growing population, increasing prevalence of chronic diseases, and rising investments in healthcare infrastructure, the region has become an attractive destination for pharmaceutical and biotechnology companies seeking cost-effective and…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
