Press release
Automotive Wiring Harness Global Market By Material, By Propulsion, By Vehicle Type, By Voltage, By Application, By Regional Forecast 2023-2032 | Yazaki Corporation, Aptiv PLC, Furukawa Electric, Leoni AG, Nexans
As per the automotive wiring harness market report by The Business Research Company, The expanding demand and usage of hybrid and electric vehicles are significantly contributing to the growth of the automotive wiring harness market.
The global automotive wiring harness market size grew from $54.23 billion in 2022 to $57.75 billion in 2023 at a compound annual growth rate (CAGR) of 6.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services, and affecting many markets across the globe. The automotive wiring harness market size is expected to grow to $73.25 billion in 2027 at a CAGR of 6.1%.
Read More On The Automotive Wiring Harness Market Report Here: https://www.thebusinessresearchcompany.com/report/automotive-wiring-harness-global-market-report
Major competitors in the automotive wiring harness market include Yazaki Corporation, Sumitomo Electric Industries, Aptiv PLC, Furukawa Electric, Leoni AG, Nexans, DELPHI AUTOMOTIVE LLP, LEAR CORPORATION, SAMVARDHANA MOTHERSON GROUP, YURA CORPORATION, Fujikura Automotive, PKC Group PLC., Coroplast Fritz Muller GmbH & Co. Kg, Motherson Sumi Systems, Delphi Technologies, Adaptronic Pruftechnik GmbH, Bras.
The automotive wiring harness market is segmented -
• By Component Type: Wires, Connectors, Terminals, Other Components
• By Material Type: Copper, Aluminum, Other Materials
• By Harness Type: Main Harness, Auxiliary Harness, Other Types
• By Vehicle Type: Two Wheelers, Passenger Cars, Commercial Vehicles
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa. Asia-Pacific was the largest region in the Automotive wiring harness.
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An automotive wiring harness is defined as the assembly of wires that enable the transmission of control signals and electrical power to the different electronic and electrical devices in the automotive to ensure basic functionality and enhanced safety. They also aid in signal transmission and powering up of different electronic and electrical devices.
The Table of Content for The Automotive Wiring Harness Market Include:
1. Executive Summary
2. Automotive Wiring Harness Market Characteristics
3. Automotive Wiring Harness Market Trends And Strategies
4. Automotive Wiring Harness Market - Macro Economic Scenario
5. Automotive Wiring Harness Market Size And Growth
.....
26. Africa Automotive Wiring Harness Market
27. Automotive Wiring Harness Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Automotive Wiring Harness Market
29. Automotive Wiring Harness Market Future Outlook and Potential Analysis
30. Appendix
The "Global Automotive Wiring Harness Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.
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