Press release
Railway Wiring Harness Market Expected To Grow At A CAGR Of 8.27% By 2026| Furukawa, Leoni, Hitachi, Nexans, Prysmian, TE Connectivity, Samvardhana Motherson, General Cable, Taihan, NKT, Huber-Suhner, Ls Cables & Systems
Railway Wiring Harness Market 2020
The Global Railway Wiring Harness Market is expected to grow at a CAGR of 8.27% during the forecasting period (2019-2026). Wiring harnesses are the connecting wires and other accessories that are used in automotive industry including Railways for wiring in lighting, HVAC, communication systems and other.
Get Free Sample Report of Railway Wiring Harness Market & COVID-19 Impact Analysis @ https://decisionmarketreports.com/request-sample/1326952
Some of the standards for wiring harness in railways such as IRIS, ISO 9001, ISO/TS 16949:2002 that focuses on quality management and ISO 14001 certificates for environment management system. This will help in producing high-quality rail cable harnesses and electromechanical modules.
The increase in railway projects in the forecast period will boost the railway wiring harness market in the coming years.
For instance, Dubai plans to undertake a five-stage extension of the Dubai Metro Red Line by 2020. The project cost is estimated to be around USD 2.9 billion. However, issues related to the environment can restrain the market growth.
Market Drivers:
The global Railway wiring harness Market growth is due to the increasing adoption of electronic technology and increasing advanced railway projects across the globe.
The increasing government investments in rail infrastructure and equipment is driving the global railway wiring harness market.
For instance, The Chinese government has planned to expand infrastructure spending by USD 10 billion from the initial budget for 2018 by expanding existing projects, including the planned railway line linking Sichuan Province and the Tibet Autonomous Region.
The rapid growth of the high-speed train network can be a major factor to boost the growth of global railway wiring harness market.
Market Restraints:
The heavy duty transportation for wiring harness depends upon the material and design if not imposed properly may lead to failure during usage and occurs huge repair cost. This can hamper the growth of global Railway wiring harness market.
Market Segmentation
By Material Type
The global Railway wiring harness market is segmented by material type which include aluminum, copper and others. Aluminum has the major market due to its light weight coupled with easy maintenance, thus the demand for aluminum-based harness wiring is expected to grow in the forecasting period globally.
By geography
Europe is dominating the global railway wiring harness market and it is expected to grow in the forecasting period to 2025. Due to its largest production base of rail products, services, and high-tech rolling stock. The European railway industry is advancing its technology and upgrading its total infrastructure with new and advanced connected technology, which will further drive the growth of railway wiring harness market.
Competitive Landscape
The increasing competitiveness and improving industry standards for quality harness is boosting the global railway wiring harness market besides increasing the competition in the market in terms of product offering.
In March 2018, Aurangabad-based Dhoot Transmission, the second largest wiring harness manufacturer in India in the two-wheeler space, and the fourth in overall, has acquired Parkinson Harness Technology, UK, a leading manufacturer, supplying to a wide client-base across commercial vehicles, off-road vehicles, construction vehicles, railways, defense, and utility vehicles.
Key market segments covered
BY HARNESS TYPE
HVAC Harness
Lighting Harness
Brake Harness
Traction System Harness
Engine Harness
Others
BY CABLE TYPE
Power Cable
Transmission Cable
Jumper Cable
Others
BY MATERIAL TYPE
Copper
Aluminum
Others
If You Want Additional Information Or Specific Requirement About Impact of COVID-19 on Railway Wiring Harness Market @ https://decisionmarketreports.com/request-customization/1326952
BY REGION
Asia Pacific
Europe
North America
South America
Rest of the World
Why purchase the report?
Visualize the composition of the Railway Wiring Harness market across each indication, in terms of by harness type, by cable type, and by material type highlighting the key commercial assets and players.
Identify commercial opportunities in Railway Wiring Harness market by analyzing trends and co-development deals.
Excel data sheet with thousands of data points of the Railway Wiring Harness market - level 4/5 segmentation
PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
Product mapping in excel for the Railway Wiring Harness products of all major market players
Target Audience
Raw Material Suppliers/ Buyers
Product Suppliers/ Buyers
Industry Investors/Investment Bankers
Education & Research Institutes
Research Professionals
Emerging Companies
Manufacturer
Contact Us :
Gasper James
304, S Jones Blvd,
Las Vegas,
NV 89107, USA
US Toll Free +1-866-605-1052
Email: sales@decisionmarketreports.com
Web: https://decisionmarketreports.com
Market Info 24/7
About Us :
Decision Market Reports is a one-stop solution, covers market research studies of all the industries, companies and regions. DMR aims at providing quality research, and insights about every market to helps our clients in taking right decisions. Our repository consists of most trending industry reports, niche areas, and leading company profiles. A comprehensive collection of reports is updated daily to offer hassle-free access to our latest updated report databases.
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 Railway Wiring Harness Market Expected To Grow At A CAGR Of 8.27% By 2026| Furukawa, Leoni, Hitachi, Nexans, Prysmian, TE Connectivity, Samvardhana Motherson, General Cable, Taihan, NKT, Huber-Suhner, Ls Cables & Systems here
News-ID: 2028535 • Views: …
More Releases for ISO
Layer3 achieves ISO 27001 and ISO 27017 Certifications
Layer3, an industry leader in cloud, scalable and secure networks, has achieved the much-in-demand ISO/IEC 27001:2013 and ISO/IEC 27017:2015 certifications.
ISO/IEC 27001:2013 is the most widely used information security standard, prepared and published by the International Organization for Standardization (ISO), the world’s largest developer of voluntary international standards. It is a globally recognized standard mandating numerous controls for the establishment, maintenance, and certification of an information security management system (ISMS). The…
ISO Certification
CRMIT Solutions has announced that it has been awarded the ISO/IEC 27001:2013 certification, which will see further support of the company's digital transformation solutions, products and services business.
Bangalore, KA (May 21, 2020)- CRMIT Solutions, a pioneer in digital transformation and Customer360 solutions, have been re-confirmed the ISO/IEC 27001:2013 certification after the company successfully developed and implemented an integrated strategy for information security management to protect information assets, such as customer,…
ISO Certification Market Report 2018: Segmentation by Type (ISO 9001:2015, ISO 2 …
Global ISO Certification market research report provides company profile for The British Standards Institution, CERTIFICATION EUROPE, NQA, Lakshy Management Consultant, URS Holdings, Bureau Veritas, DNV GL AS (International Standards Certifications Global FZ), SGS, Lloyd's Register Group Services, Intertek and Others.
This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume,…
ISO 27001/ISO 27002 Consultancy,ISO 27000,ISO 27000 Consultancy,Information Secu …
Coralesecure is a Information Security Management System (ISMS) – ISO 27001 Compliance. ISO 27000 Consultancy deals with maintaining the integrity and availability of organizational information and knowledge. Information Security Management System provides the experts on business management, and information security support and properly engages in executive communications Data loss, whether through cyber attacks or other forms of malicious intent can quickly bring an organization to its knees? The protection of…
ISO 27001 India, 27001 training India ISO
Coral eSecure is information Risk Management advisory with specific focus on Information Security (ISO 27001, ISO 17799, PCI, COBIT, HIPAA, GLBA, and DPA), Business Continuity (BS25999) and ITIL/ IT Service Management (ISO 20000). Coral is the FIRST Indian consulting organization which provides an Integrated Management System Consulting, Consisting of ISO 27001, ISO 20000 and BS25999 – ALL THREE IN ONE! Coral provides Consulting, Assurance audit and Training to address these…
ISO 27001 india, 27001 training india ISO, 17799 training india ISO, Compliance …
Our foundation of service delivery is based on sound research - thereby customers realizing definitive delight and Assurance resilience in their management system. We provide Consulting Services for ISO 27001 india, 27001 training india ISO,17799 training India ISO Security, BCM/BS25999, SAS 70, COBIT Implementation, Annual Compliance Check, Best Practices Implementation, & Quick Gap Analysis. It is a set of ‘best practices’ controls - management and systems - that enables…
