Press release
Latest Trends in Automotive Wiring Harness Market with Extensive Analysis
Automotive Wiring Harness Market,Automotive Wiring Harness,Automotive Wiring Harness Market Share
Asia Pacific Automotive wiring Harness market is expected to reach US$ 15,896 Million by 2020 at an estimated CAGR of 10.7% during forecast period. The major countries included in the APAC region are India, China, Australia and ASEAN countries, out of which India and China are the fastest growing market for automotive wiring harness.
Read Complete Report @ http://www.mrrse.com/automotive-wiring-harness-market
Vehicle Type Overview
On the basis of Vehicle type, Global automotive wiring harness market is segmented as passenger vehicles, commercial vehicles, electric vehicles and hybrid vehicles. Passenger vehicle and commercial vehicle collectively contributed to about 82% of global automotive wiring harness market revenues in 2012. It is anticipated that there will be a decline in the growth of hybrid vehicle wiring harness market due to higher cost as compared to other commercial vehicles.
Application Overview
On the basis of application, global automotive wiring harness market is segmented as chassis, heating, ventilation and air conditioning (HVAC) and sensors. In 2015, chassis wiring harness market is expected to dominate the market and is projected to reach US$ 50.658 Million by 2020. Though, HVAC wiring harness market is estimated to grow with highest CAGR of 11.7% as compared to other applications, during the forecast period. APAC region serves as the major attraction for HVAC wiring harness market due to significant growth in automotive sales in the region.
Read Full Table of Content @ http://www.mrrse.com/automotive-wiring-harness-market/toc
Regional Overview
From regional perspective, global automotive wiring harness market is segmented into North America, Latin America, Eastern Europe, Western Europe, APAC, Middle East & Africa and Japan. Currently, Western Europe dominates the global automotive wiring harness market and accounts for around 24.2% market revenue share, followed by APAC and North America. Western Europe is the major hub of all the major OEMs, delivering high quality and latest technological features. North America automotive wiring harness market is mainly dominated by U.S due to its large scale production of vehicles. In APAC region, China is expected to be the leader in automotive industry by 2020. There are plenty of growth opportunities for the Jafza-based automotive companies, as it is the most dynamic and innovation driven market in Middle East
Drivers and Trends
Government across various geographies have mandated the use of certain electronic safety features such as anti-locking braking system (ABS), electronic stability program (ESP) and other features in automotive. Higher income levels and convenient automotive financial services have contributed to the increase in the sales of automotive, particularly passenger cars. In Middle East & Africa, governments are also supporting the growth of automotive sector by offering fiscal incentives and tax exemptions in free zones. Growth in the small car segment due to space constraints in Japan is a major driver for the automotive wiring harness market. Demand for connectivity and car digitalization, adoption of module and platform strategies by major passenger car manufacturers such as General Motors and Volkswagen are strongly driving the growth of wiring harness systems.
Some of the growing trends are the demand for electric and hybrid vehicles due to stringent government regulations for the reduction of harmful fuel emissions. The motorization trend has considerably enhanced the economy of APAC countries. Particularly in China, hence resulting in strong growth for the automotive industry with increasing demand of automotive wiring harness market.
Get a Free Sample Copy of the Report @ http://www.mrrse.com/sample/264
Key Market Participants
Major market participants in global wiring harness market include Yazaki Corporation, Sumitomo Electric, Denso Corporation, Leoni Wire- Cable – Wiring System, Delphi Automotive, Fujikura, Furukawa Electric Co. Ltd, Lear Corporation, Aisin Seiki Co. and Samvardhana Motherson Group.
Global Automotive Wiring Harness Market Size Forecast and Y-o-Y Growth, 2012–2020
About MRRSE
MRRSE stands for Market Research Reports Search Engine, the largest online catalog of latest market research reports based on industries, companies, and countries. MRRSE sources thousands of industry reports, market statistics, and company profiles from trusted entities and makes them available at a click. Besides well-known private publishers, the reports featured on MRRSE typically come from national statistics agencies, investment agencies, leading media houses, trade unions, governments, and embassies.
Contact
Corporate Office
State Tower,
90 State Street,
Suite 700,
Albany NY - 12207
United States
Tel: +1-518-618-1030
Email: sales@mrrse.com
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 Latest Trends in Automotive Wiring Harness Market with Extensive Analysis here
News-ID: 335678 • Views: …
More Releases from MRRSE.com
Automotive Microcontrollers Market | Industry Key Players - AG (Germany), Texas …
MRRSE has recently published a report that explores the market for automotive microcontrollers at a global scale, and covers the market dynamics exhaustively, providing major trends impacting the market growth. This report on global market for automotive microcontrollers provides a detailed knowledge base for players who seek expansion of their presence globally. Insights offered in this report is instrumental for market players and investors, for gauging potential of the bubble…
Global Commercial Refrigeration Equipment Market |Key Players Baltimore Aircoil …
MRRSE provides the forecast and in-depth on the global commercial refrigeration equipment market for the forecast period 2017-2026. The report also analyzes the market in terms of market volume and value and offers information on the market dynamics, competitors, current market scenario, and future market growth. Year-on-year growth and important factors supporting the decision-making process is also offered in the report on the global market for commercial refrigeration equipment.
Get Report…
Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Thr …
A fresh report has been added to the wide database of Market Research Report Search Engine (MRRSE). The research study is titled “Automotive Aluminum Alloy (OE) Market - Outlook and Growth Stance Forecasted Through 2026” which encloses important data about the production, consumption, revenue and market share, merged with information related to the market scope and product overview.
The report comprises a detailed value chain analysis, which provides a comprehensive view…
Frontotemporal Disorders Treatment Market (2018-2028) || Key Players are Pfizer …
A recent market study published by company – “Frontotemporal Disorders Treatment Market Assessment & Opportunity Analysis Recorded for 2018 – 2028” – consists of a comprehensive assessment of the most important market dynamics. On conducting a thorough research on the historic as well as current growth parameters of the frontotemporal disorders treatment market, growth prospects of the market are obtained with maximum precision. The report features unique and salient factors…
More Releases for Automotive
Automotive Grommet Market set for explosive growth: Cooper Standard Automotive, …
According to HTF MI, "Global Automotive Grommet Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2030". The Global Automotive Grommet Market is anticipated to grow at a compound annual growth rate (CAGR) of 5.96% from 2024 to 2030, reaching USD 100 Billion in 2024 and USD 150 Billion by 2030.
Automotive grommets are protective rings or eyelets made from rubber or plastic, used to protect or cover holes in metal…
KSA Automotive Market | KSA Automotive Industry | KSA Automotive Industry Resear …
Saudi Arabia’s automotive market faced a decline in new car sales due to tripling of value-added tax (VAT) rates. Effective in July 1, 2020, Saudi Arabia hiked its VAT from 5% to 15%.
Vision 2030 trying to attract foreign investment to kick start Dammam manufacturing city to aid re-exports & fulfill domestic demand
Surge in Domestic Manufacturing to gain independence of Imports: With Vision 2030, KSA is trying to gain impendence of…
Automotive Fuel Injectors Market: Growing Automotive Sales Fueling Automotive Fu …
Automotive fuel injectors market is likely to grow at a steady pace in the long run, according to a new report by Fact.MR. The demand for automotive fuel injectors continues to remain influenced with a multitude of industry-specific and macroeconomic factors. Significant growth in the automotive sector, coupled with increasing vehicle fleet remain instrumental in driving the demand for automotive fuel injectors worldwide. Fact.MR estimates that the sales of automotive fuel injectors are expected…
Global Automotive Safety Market 2019 Worldwide Outlook By Autoliv, Delphi Automo …
Automotive safety systems are designed to comply with the standards and regulations prescribed by government agencies and transport authorities worldwide. Passive safety systems are designed to protect passengers, drivers, and pedestrians during an accident.
In terms of region, the global Automotive Passive Safety Systems market can be segmented into North America, Europe, Asia Pacific, and Middle East & Africa. Asia Pacific is likely to hold a prominent share of the global…
Global Oil Pump for Automotive Market 2018 Analysis -Bosch,Denso,Aisin Seiki,Del …
According to this study, over the next five years the Oil Pump for Automotive market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2023, from US$ xx million in 2017. In particular, this report presents the global market share (sales and revenue) of key companies in Oil Pump for Automotive business.
Get Sample Copy of this Report for more Information…
Global Automotive Body Welded Assembly Market 2018 - Daesan, Baylis Automotive, …
Accord Market, recently published a detailed market research study focused on the “Automotive Body Welded Assembly Market” across the global, regional and country level. The report provides 360° analysis of “Automotive Body Welded Assembly Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of…
