Press release
Global Automotive Wiring Harness Revenue Will Increase To 64.33 Billion USD In 2025 From 42.78 Billion USD In 2017
Automotive Wiring Harness refers to the contact terminal made of copper materials is made of (connector) and wire and cable crimping, the plastic insulator or external metal shell, Automotive Wiring Harness binding form a connection circuit component. At present, whether it is luxury car or economic - ordinary cars, Automotive Wiring Harness into the form is basically the same, are composed of wire, plug and parcel tape.
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Global Automotive Wiring Harness Market: Forecast by Type / Application / Region
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 automobile.
The major players in global Automotive Wiring Harness market include: Yazaki Corporation, Sumitomo, Delphi, Leoni, Lear, Yura, Fujikura, Furukawa Electric, PKC, Nexans Autoelectric, DRAXLMAIER, Kromberg&Schubert, THB, Coroplast, Coficab.
On the basis of product, the Automotive Wiring Harness market is primarily split into: Body?Wiring Harness, Chassis?Wiring Harness, Engine?Wiring Harness, HVAC?Wiring Harness, Speed?Sensors Wiring Harness, Other.
On the basis on the end users/applications, this report covers: Passenger Vehicle, Commercial Vehicle.
Wire harnesses are vital components within modern transportation platforms such as automobiles, distributing power and signals between the various devices that deliver electrical and electronic functionality.
Increase in overall vehicles production across the globe and upcoming legislation for safety technologies in developing countries are the major factors fuelling the growth of Automotive Wiring Harness. The Automotive Wiring Harness market has witnessed positive growth in developing countries along with developed ones. The global Automotive Wiring Harness market, in terms of value, is projected to grow at a CAGR of 5.23% from 2017 to 2025. The market of the Asia-Pacific region is growing at a significant rate; whereas the European and North American markets are matured and thus, the demand for the same is estimated to grow at a decent rate.
The global revenue will increase to 64.33 Billion USD in 2025 from 42.78 Billion USD in 2017. China is the largest region of Automotive Wiring Harness Markers, with a revenue market share 28.85% in 2017. The second is Europe region with a revenue market share over 26%.
Currently, there are many producing companies in the world Automotive Wiring Harness Markers industry, especially in North America and Europe. The main market players are Yazaki Corporation, Sumitomo, Delphi Automotive, Leoni, Lear Corporation, Yura, Fujikura, Furukawa Electric, PKC, Nexans Autoelectric, Kromberg&Schubert, THB, Coroplast and ect.
Automotive Wiring Harness is also costly. For this reason, harness manufacturers are under relentless pressure to reduce costs. Harness manufacturing is logistically complex. Each harness comprises hundreds or even thousands of components that are assembled via a sequence of operations to create the final product.
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Related Information:
United States Automotive Wiring Harness Market 2018 Forecast to 2023
Europe Automotive Wiring Harness Market 2018 Forecast to 2023
North America Automotive Wiring Harness Market 2018 Forecast to 2023
Asia-Pacific Automotive Wiring Harness Market 2018 Forecast to 2023
China Automotive Wiring Harness Market 2018 Forecast to 2023
EMEA Automotive Wiring Harness Market 2018 Forecast to 2023
Global Automotive Wiring Harness Market 2018 Forecast to 2023
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