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Automotive Wiring Harness Market Opportunity Assessment, Developments Amphenol RF, Furukawa Electric Co., Ltd., Samvardhana Motherson Group (SMG), LEONI, ERNI Electronics, AVX

04-02-2020 03:48 PM CET | Tourism, Cars, Traffic

Press release from: Coherent Market Insights

Automotive Wiring Harness

Automotive Wiring Harness

An automotive wiring harness also referred to as cable assembly is a set of cables used to integrate various electronic components that helps in transmitting power to various modules in an automotive vehicle. It is one of the most crucial components in the vehicle since it handles complete current flow across all of a vehicle including wipers, electrical devices, and other electronic components. The major difference between in automotive wire harness and a standard wire harness is the connectors used and the test is done to it. Automotive wiring harness protects wiring from vehicle vibrations, moisture, and abrasions. With the help of different components such as conduits, electrical tape, cable ties or a combination of these are used to tie electrical wires together to form the complete automotive wiring assembly.

The global automotive wiring harness market was valued for US$ 54,629.4 Mn in 2019 is expected to exhibit a CAGR of 8.9% during the forecast period

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Major Keyplayers Like : Sumitomo Electric Industries

Ltd.
YAZAKI Corporation
PKC Group PLC
Aisin Seiki Co.
Amphenol RF
Furukawa Electric Co., Ltd.,
Samvardhana Motherson Group (SMG)
LEONI
ERNI Electronics
AVX Corporation, Delphi Automotive PLC
Lear Corporation
Fujikura Ltd.
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Scope of the Automotive Wiring Harness Market report is as follows:

To define and segment the market for Automotive Wiring Harness.
To analyse and forecast the market size & share of Automotive Wiring Harness, in terms of value and volume ($)
Raw Material Supply and Downstream Consumer Information are provided in Automotive Wiring Harness Industry report.
Market forecasts including market volumes, Value ($), Consumption is provided by regions, by types, and by applications.

Growing adoption of ICE downsizing approach can provide major growth opportunities

Many manufacturers are focused on downsizing internal combustion engine (ICE) due to environmental challenges involved. This allows manufacture to produce more fuel-efficient engines and meet future environmental standards. This, in turn, increases the demand for compact wiring harness modules. Furthermore, ICE development/downsizing is expected to provide major growth opportunities in the market by 2020, especially in Japan, Europe, and the U.S.

Increasing adoption of platform strategies can pose significant business opportunities

Adoption of Module and Platform strategies by major passenger car manufacturers such as General Motors and Volkswagen is driving growth of wiring harness systems. By 2020, 10 major manufacturers of automotive wiring harness are expected to focus on production of core platforms, thereby enabling them to reduce costs and introduce design innovations.

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Key Highlights of the Table of Contents:

Automotive Wiring Harness Market Study Coverage:It includes key manufacturers covered, key market segments, the scope of
products offered in the global Colposcopy market, years considered, and study objectives. Furthermore, it
touches the segmentation study provided in the report on the basis of the type of product and applications.

Automotive Wiring Harness Market Profile of Manufacturers: Analysis of each market player profiled is detailed in this
section. This also provides SWOT analysis, products, production, value, capacity, and other vital factors of
the individual player.

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About Coherent Market Insights:

Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

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