openPR Logo
Press release

Global Automotive Wiring Harness Market To Be Driven By The Thriving Automobile Industry In The Forecast Period Of 2022-2027

09-22-2022 07:36 AM CET | Logistics & Transport

Press release from: Expert Market Research

Global Automotive Wiring Harness Market To Be Driven By

The new report by Expert Market Research titled, 'Global Automotive Wiring Harness Market Report and Forecast 2022-2027', gives an in-depth analysis of the global automotive wiring harness market, assessing the market based on its segments like components, applications, vehicle types, and major regions.

The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter's Five Forces models.

Get a Free Sample Report with Table of Contents - https://www.expertmarketresearch.com/reports/automotive-wiring-harness-market/requestsample

The key highlights of the report include:

Market Overview (2017-2027)

Forecast CAGR (2022-2027): 6%

The automotive wiring harness industry is being driven by the thriving automobile industry. The growing popularity of vehicles like XUV, SUV, and sedans, among others, among the youth, owing to the increasing trend of road trips and travel is surging the deployment of automotive wiring harness.

The increasing ownership of passenger cars by the emerging middle-class population is also significantly contributing to the growth of the market for automotive wiring harness. With the increasing demand for automobiles with advanced features and safety, the utilisation of automotive wiring harnesses for the efficient functioning of electronic components in vehicles is surging, thereby fuelling the market growth.

Industry Definition and Major Segments

An automotive wiring harness is defined as a bundle of loose wires that are grouped together into a single system to transmit power and information into the automobile. By powering up the different electrical and electronic device installed, the automotive wiring harness enhances the performance of the vehicle.

Read Full Report with Table of Contents - https://www.expertmarketresearch.com/reports/automotive-wiring-harness-market

The different components of the product in the market are:

Electric Wire
Connectors
Terminals
Others

The significant applications of automotive wiring harness include:

Body
Engine
Chassis
HVAC
Sensor
Others

On the basis of vehicle type, the market can be segmented into:

Passenger car
Light Commercial Vehicle (LCV)
Medium and Heavy Commercial Vehicle (M&HCV)
Others

The regional markets for automotive wiring harness include:

North America
Europe
Asia Pacific
Latin America
Middle East and Africa

Market Trends

Technological advancements, including the development of aluminium wiring harness, is likely to propel the growth of the market. As aluminium wiring harness improves the fuel economy and reduces CO2 emissions, its demand is surging and aiding the market growth. The growing popularity of electric vehicles is increasing the use of automotive wiring harness for powering electronic components, which is likely to augment the market growth.

The introduction of various government initiatives to curb greenhouse emissions are likely to increase the demand for automotive wiring harness to enhance the fuel efficiency of vehicles, which is anticipated to provide impetus to the growth of the market in the forecast period.

Key Market Players

The major players in the market are Sumitomo Electric Industries Ltd., Furukawa Electric Co. Ltd., Yazaki Corporation, Leoni AG, and Lear Corporation, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

Read More Reports:

Lithium Ion Battery Companies: https://www.expertmarketresearch.com/articles/top-lithium-ion-battery-companies

Hypervolt plus Cordless Vibration Massager Market: https://www.expertmarketresearch.com/reports/hypervolt-plus-cordless-vibration-massager-market

Colombia Palm Oil Market: https://www.expertmarketresearch.com/reports/colombia-palm-oil-market

Topical Pain Relief Market: https://www.expertmarketresearch.com/reports/topical-pain-relief-market

Balance Shaft Market: https://www.expertmarketresearch.com/articles/top-3-companies-in-the-global-balance-shaft-market

Cancer Screening Market: https://www.expertmarketresearch.com/articles/top-cancer-screening-companies

Boat Rental Market: https://www.expertmarketresearch.com/reports/boat-rental-market

Automotive Biometrics Market: https://www.expertmarketresearch.com/reports/automotive-biometrics-market

Dairy-free Ice Creams Market: https://www.expertmarketresearch.com/reports/dairy-free-ice-creams-market

Digital Forensics Market: https://www.expertmarketresearch.com/reports/digital-forensics-market

Media Contact

Company Name: Claight Corporation
Contact Person:- Eliana Grace, Business Consultant
Email: sales@expertmarketresearch.com
Toll Free Number: US +1-415-325-5166 | UK +44-702-402-5790
Address: 30 North Gould Street, Sheridan, WY 82801, USA
Website: https://www.expertmarketresearch.com/

About Us:

Expert Market Research (EMR) is leading market research company with clients across the globe. Through comprehensive data collection and skilful analysis and interpretation of data, the company offers its clients extensive, latest and actionable market intelligence which enables them to make informed and intelligent decisions and strengthen their position in the market. The clientele ranges from Fortune 1000 companies to small and medium scale enterprises.

EMR customises syndicated reports according to clients' requirements and expectations. The company is active across over 15 prominent industry domains, including food and beverages, chemicals and materials, technology and media, consumer goods, packaging, agriculture, and pharmaceuticals, among others.

Over 3000 EMR consultants and more than 100 analysts work very hard to ensure that clients get only the most updated, relevant, accurate and actionable industry intelligence so that they may formulate informed, effective and intelligent business strategies and ensure their leadership in the market.

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 Global Automotive Wiring Harness Market To Be Driven By The Thriving Automobile Industry In The Forecast Period Of 2022-2027 here

News-ID: 2744837 • Views: 284

More Releases from Expert Market Research

Mobile Advertising Market Size, Share, Demand, Price, Trends, Growth, Forecast 2 …
The new report by Expert Market Research titled, 'Global Mobile Advertising Market Size, Share, Report and Forecast 2021-2026', gives an in-depth analysis of the global Mobile Advertising market, assessing the market based on its segments like platform, distribution channel, end use, and major regions like Asia Pacific, Europe, North America, Middle East and Africa and Latin America. The report tracks the latest trends in the industry and studies their impact on
Global High-Speed Camera Market To Be Driven By Rising Investments In Manufactur …
The new report by Expert Market Research titled, 'Global High-Speed Camera Market Report and Forecast 2022-2027', gives an in-depth analysis of the global high-speed camera market, assessing the market based on its segments like spectrum, components, frame rate, application and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and
Neurothrombectomy Devices Market To Be Driven By The Rising Unhealthy Lifestyle …
The new report by Expert Market Research titled, 'Global Neurothrombectomy Devices Market Report and Forecast 2021-2026', gives an in-depth analysis of the global neurothrombectomy devices market, assessing the market based on its segments like product type, end use, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price
Global IoT Sensor Market to be Driven by Rapid Automation Across End-Use Sectors …
The new report by Expert Market Research titled, 'Global IoT Sensor Market Size, Share, Price, Trends, Growth, Report and Forecast 2022-2027', gives an in-depth analysis of the global IoT sensor market, assessing the IoT sensor market based on its segments like types, applications, and major regions. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering

All 5 Releases


More Releases for Market:

Fillings Market
https://www.qandqmarketresearch.com/reports/7557223/fillings-market-108 Fruit fillings are fruits preserved in a glaze. These fillings have high fruit content and retain the natural texture, taste, flavor and color of the fruits. Benefits of these fillings include year around availability of exotic fruits, readytouse application, long shelf life and no wastage. In this report, the statistics mainly focus on the fruit fillings in North America mainly including USA, Canada and Mexico etc.. According to QYR’s analysts, the concentration
Ethanol Market: Market Intelligence and Market Trends
Ethanol is a compound which is manufactured by the fermentation of various biological materials such as wheat, corn, wood, barley and sugarcane. Corn and starch based crops are the most common materials used in ethanol production. This compound is miscible with water and most of the organic solvent. Ethanol is a very important element of various industries and used as a solvent for many substances. It is because of wide range
Ginseng Market: Market Intelligence and Market Trends
Future Market Insights (FMI) delivers key insights on the global ginseng market in its upcoming outlook titled, 'Ginseng Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2027'. In terms of value, the global ginseng market is projected to experience a healthy CAGR of 4.8% during the period of forecast, due to various factors such as globalization and increase in consumer acceptance for oriental and Asian flavors and demand for Chinese
Biostimulants Market : Market Intelligence and Market Trends
Demand for biostimulants is expected to surpass US$ 4 billion in revenues, according to a new research report by Future Market Insights (FMI). The report titled, “Biostimulants Market: Global Industry Analysis and Opportunity Assessment 2015-2025” forecasts the demand for biostimulants to expand at a CAGR of nearly 11% through 2025. Biostimulants are finding increasing application in the agriculture sector owing to their environmentally-friendly and organic nature. Rising food demand is
Lottery Market: Market Insights and Market Potential
The global lottery market is expected to gain momentum due to the rise in demand for games where people have a fair chance of winning substantial amount of money. Nowadays, social media is acting as the medium through which promotions can be done without making much efforts. The trend of using social media as a medium to advertise is being used by the lottery market on a wide range. Both
Dyes Market
Dyes are colored substances applied in the form of an aqueous solution on various substrates. These are used as colorants in different industrial applications such as food processing, printing inks, wood stain, textile processing, and others. Dyes have high selective absorptivity for liquids as well as substrates as compared to other color-imparting materials such as pigments. Excellent absorption characteristics of dyes enable them to lose their physical and structural properties