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Automotive Wiring Harness Market Trends, Size, Share, Growth And Analysis 2022-27

05-20-2022 09:09 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: IMARC Group

Automotive Wiring Harness Market Trends, Size, Share, Growth

According to the latest report by IMARC Group "Automotive Wiring Harness Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global automotive wiring harness market reached a value of US$ 76.1 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 99.7 Billion by 2027, exhibiting at a CAGR of 4.4% during 2022-2027.

An automotive wiring harness represents an electrical assembly of various vehicle components, such as connectors, wires, terminals, etc., that are utilized to transmit data and power to a single system. Some of the transmitted information includes the operation and performance of the automobile, along with sending and receiving sensor signals. An automotive wiring harness ensures reliable transmission of energy even while being subjected to high temperatures, noise, vibrations, moisture, etc. Consequently, it finds wide-ranging applications in the wiring of engines, sensors, chassis, heating, ventilation and air conditioning (HVAC) systems, etc.

Market Trends:

The growing adoption of electric vehicles (EVs), on account of the elevating environmental consciousness, is primarily driving the automotive wiring harness market. In addition to this, the inflating demand for numerous product variants, including aluminum harnesses that aid in reducing vehicular weight, improving fuel economy, minimizing carbon emissions, etc., is further catalyzing the market growth. Moreover, the shifting consumer preferences from conventional wiring systems towards automotive wiring harnesses, owing to their highly secure and reliable connections, are acting as significant growth-inducing factors. Besides this, the rising investments in R&D activities aimed at developing cost-effective optical fibers are also augmenting the global market. Furthermore, the increasing integration of automobiles with Advanced Driver Assistance Systems (ADAS) for securing safety sensors, such as automated control systems and blind-spot detection in several models, is anticipated to fuel the automotive wiring harness market over the forecasted period.

Request for a free sample copy of this report: https://www.imarcgroup.com/automotive-wiring-harness-market/requestsample

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of these key players include:

Delphi Technologies (BorgWarner Inc.)
Furukawa Electric Co. Ltd.
Lear Corporation
Leoni AG
Nexans Autoelectric GmbH
PKC Group Plc (Motherson Sumi Systems Ltd.)
Samvardhana Motherson Automotive Systems Group B.V.
Sumitomo Electric Industries Ltd.
THB Group (AmWINS Group, Inc)
YAZAKI Corporation
YURA Corporation

Explore full report with table of contents: https://www.imarcgroup.com/automotive-wiring-harness-market

The report has segmented the market on the basis of Product Type, End-User and Region.

Breakup by Application:

Body Wiring Harness
Engine Wiring Harness
Chassis Wiring Harness
HVAC Wiring Harness
Sensors Wiring Harness
Others

Breakup by Material Type:

Copper
Aluminum
Others

Breakup by Transmission Type:

Data Transmission
Electrical Wiring

Breakup by Vehicle Type:

Two Wheelers
Passenger Cars
Commercial Vehicles

Breakup by Category:

General Wires
Heat Resistant Wires
Shielded Wires
Tubed Wires

Breakup by Component:

Connectors
Wires
Terminals
Others

Market Breakup by Region:

North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa

As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

If you want latest primary and secondary data (2021-2026) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.

Related Reports

India off-the-road tire market: https://www.imarcgroup.com/india-off-the-road-tire-market

LPG tanker market: https://www.imarcgroup.com/lpg-tanker-market

India truck market: https://www.imarcgroup.com/indian-truck-market

Hybrid electric vehicle market: https://www.imarcgroup.com/hybrid-electric-vehicle-market

Automotive infotainment market: https://www.imarcgroup.com/automotive-infotainment-market

Electric two-wheeler market: https://www.imarcgroup.com/electric-two-wheeler-market

Car rack market: https://www.imarcgroup.com/car-rack-market

Agricultural tires market: https://www.imarcgroup.com/agricultural-tires-market

Europe two-wheeler market: https://www.imarcgroup.com/europe-two-wheeler-market

Autonomous bus door system market: https://www.imarcgroup.com/autonomous-bus-door-system-market

Contact US

IMARC Group
30 N Gould St Ste R
Sheridan, WY 82801 USA - Wyoming
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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