Press release
Automotive Wiring Harness Market Opportunities and Forecasts Worth USD 95.3 Billion by 2025
Vehicle Wiring Harness
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The most prominent driver from the demand side for the market is the growth in overall vehicle production. The key economic driver of the global automotive wiring harness market is the reduction in the cost of automotive wiring harnesses. Nevertheless, the global automotive wiring harness market will be suppressed by maintenance issues related to automotive wiring harnesses.
United States market, focuses on the top players, with sales, price, revenue and market share for each player, covering-:
• Delphi Automotive
• Furukawa Electric
• Lear
• Leoni
• Sumitomo Electric Industries
• Yazaki
• CTI Industries
• Electrical Components International
• Fujikura Zhuhai
Browse Full Info with TOC: http://www.marketresearchhub.com/report/united-states-vehicle-wiring-harness-market-report-2016-report.html
Vehicle Wiring Harness is used to assemble wiring of different electronic and electrical devices into single system. A wiring harness system facilitates transmission of power and information to different electrical and electronic devices in a vehicle.Wiring harness is embedded into different parts of vehicle such as engine, chassis,body, HVAC (Heating, Ventilating, and Air Conditioning), and speed sensors. These contain different electronic devices such as; HVAC harness includes heating, ventilating, and air conditioning units.
In recent years, the xEV output has increased significantly. xEV needs to use a large quantity of high-voltage high-current wiring harness which has to be customized. While most of the companies have lower xEV output, and few ones are willing to customize wiring harness products, which provides opportunities to small companies. For example, Taiwan-based Bizlink exclusively supplies high-voltage wiring harness to Tesla.
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