Automotive Wiring Harness Market Top Key Players – Sumitomo, Yazaki Corporation, Delphi, Furukawa Electric, Lear Corporation, Leoni AG

A wiring harness is a systematized set of wires, connectors and terminals that run through the entire vehicle which help in transmitting information and electrical power. They play a very critical role in linking a variety of components. These wires are made of vinyl, rubber or combination of other materials.

In future data-driven business models i.e some functions may only be temporarily enabled via OTA software updates. In the case of electric vehicles, this can also include the motor performance. For car manufacturers to be able to implement such functions, the cabling must be designed for the maximum possible performance, even if this is rarely required at all. This will also make cable harnesses more expensive.

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As the features in cars is increasing to provide safety, comfort, luxury etc., so does their component parts and to meet their requirements, they require electronics which can help them save a lot of space.

AUTOMOTIVE WIRING HARNESS MARKET DYNAMICS

1. BY APPLICATION
A wire harness assembly consists of connectors, terminals and wires. Connectors and terminals are important parts of designing and manufacturing a wire harness. Also, theses connectors and terminals ascertain the dependability, stability and performance of the harness.

Some of different types of wire harnesses are:
• Body wiring harness
• Engine wiring harness
• Chassis wiring harness
• Electronic wire harness
• Electrical wire harness

CONNECTOR TYPES
The sole purpose of a connector is to transmit electric signals for connecting a wire harness to an electrical power source. Electronic signal or power is transmitted through plugs & jack in a connector.

TERMINAL TYPES

Terminals in wire harnesses are usually made of metals/alloys. They also contain materials like carbon or silicon. Terminals have different designs, shapes and sizes, depending on the type of connection.

BY VEHICLE TYPE
1. Hybrid vehicle
2. Electric vehicle
3. ICE vehicle

The increasing demand for hybrid and electric vehicles has remarkably contributed to the development of wire harness market. The trend of integrating cutting-edge features in the vehicles has led in heavy demand for wire harnesses, which ultimately help in growth of the market.

BY REGION
• NORTH AMERICA
• ASIA PACIFIC
• EUROPE
.
TECHNICAL TRENDS IN AUTOMOTIVE WIRING HARNESS MARKET

Almost 50% of the labor cost in a vehicle is accounted by wiring harnesses due to lack of automation in the field.

Mainly two types of interfaces (software) are used by wire harness in vehicles till date.

CAN (CONTROLLER AREA NETWORK): It mainly controls the communication between major components of vehicle such as door modules, weather control module, power seat modules etc.

CAN-FD (an upgrade version of CAN), FlexRay (costly than CAN), MOST etc. are other types of software that can be used in place of CAN.

LIN (LOCAL INTRANET NETWORK) : It controls the other components of vehicle such as motor, heater, cooler etc.

In terms of raw materials used in a vehicle, steel and copper has been replaced with aluminum and copper-based alloy so as to reduce the overall weight of the vehicle because higher the weight of vehicle higher the fuel consumption and lower the battery life. Wire harness innovations and designs are typically aimed at plummeting the metal content use in a vehicle in order to reduce its overall weight.

COMPETITIVE LANDSCAPE
TE Connectivity is among the leader in automotive connector market and provides all specialty cables and networking solutions to auto OEMs to implement features of connected as well as automated driving. The R&D division plans to ramp up research in providing next generation cable technology for this new demand.

Recent developments in automotive wiring harness market
• Cyient opened new lab in U.S. to have quality production and future ready prototypes in wiring harness.
• BizLink Holding Inc, a wire harness supplier to Tesla and also produce components for consumer electronics announced a 113% increase in net income from 2019.
• Motherson Sumi to raise more than $50 Million via issue of securities.
• Leoni AG is in talks to sell its Wiring and Cable Solution (WCS) business.

KEY PLAYERS IN AUTOMOTIVE WIRING HARNESS MARKET
Sumitomo
Yazaki Corporation
Delphi
Furukawa Electric
Lear Corporation
Leoni AG
Motherson Sumi
BizLink Holding Inc

Read More Information: https://mobilityforesights.com/product/automotive-wiring-harness-market/

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This release was published on openPR.