Press release
$ 100.63 Billion Opportunity by 2022 in the Automotive Wiring Harness Market |Top Key Company’s - Lear, Aptiv, Yazaki, Furukawa, Sumitomo Electric
Automotive Wiring Harness Market
This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size.
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Automotive Wiring Harness market size to maintain the average annual growth rate of 5.97% from 64.45 Billion $ in 2014 to 76.70 Billion $ in 2017, market analysts believe that in the next few years, Automotive Wiring Harness market size will be further expanded, we expect that by 2022, The market size of the Automotive Wiring Harness will reach 100.63 Billion $.
By application, the HVAC segment is estimated to witness the highest growth in the automotive wiring harness market because of the rise in adoption of HVAC application in commercial vehicles such as buses and trucks. The vehicle manufacturers are now offering comfort & convenience features in LCVs, buses, and trucks, which is driving the growth of HVAC application in automotive wiring harness market. Also, commercial vehicles require large wiring harnesses due to the long vehicular structure, thereby pushing the demand for wiring harness globally.
However, the increasing adoption of electric vehicles (EVs) is another significant trend proliferating market growth. This can be attributed to expansion of EV charging infrastructure, increasing fuel prices, favourable changes in government policies, and environmental regulations.
Geographically, APAC is projected to be the fastest growing market for automotive wiring harness during the forecast period. The market growth in the region can be attributed to the rapid growth of the automotive sector in countries such as China, Japan, South Korea, and India. Moreover, the improved lifestyle of consumers and rapid urbanization has boosted the demand for passenger vehicles, which in turn would trigger the growth of the automotive wiring harness market in the region over the forecast period.
Key Players:
1 Sumitomo Electric
2 Lear
3 Aptiv
4 Yazaki
5 Furukawa and more.....
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The report covers the Segments and sub-segments of the Global Automotive Wiring Harness Market by:
Regions:
1 North America Country (United States, Canada)
2 South America
3 Asia Country (China, Japan, India, Korea)
4 Europe Country (Germany, UK, France, Italy)
5 Other Country (Middle East, Africa, GCC)
Product Types:
1 Engine Harness
2 Chassis Harness
3 Body & Lighting Harness
4 Hvac Harness
5 Dashboard/Cabin Harness
Industry Segmentation:
1 Passenger Cars
2 Light Commercial Vehicles (Lcv)
3 Buses
4 Truck
Purchase this report online with 125 Pages, List of Tables & Figures and in-depth Table of Contents on “Global Automotive Wiring Harness Market Outlook 2019-2022” @ https://www.businessindustryreports.com/buy-now/113272/single .
Table of Content:
1 Automotive Wiring Harness Product Definition
2 Global Automotive Wiring Harness Manufacturer Share and Market Overview
3 Manufacturer Automotive Wiring Harness Business Introduction
4 Global Automotive Wiring Harness Market Segmentation (Region Level)
5 Global Automotive Wiring Harness Market Segmentation (Product Type Level)
6 Global Automotive Wiring Harness Market Segmentation (Industry Level)
7 Global Automotive Wiring Harness Market Segmentation (Channel Level)
8 Automotive Wiring Harness Market Forecast 2019-2022
9 Automotive Wiring Harness Segmentation Product Type
10 Automotive Wiring Harness Segmentation Industry
11 Automotive Wiring Harness Cost of Production Analysis
12 Conclusion
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