Press release
Automotive Wiring Harness Market projected to reach USD 61.30 billion by 2021 : Lear Corporation, Delphi Automotive PLC
Automotive Wiring Harness
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The global automotive wiring harness market was estimated to be at USD 42.70 billion in 2016 and projected to reach USD 61.30 billion by 2021, at a CAGR of 7.5%. Increasing complexity in vehicles along with rising intrusion of electronics is driving the demand for automotive wiring harness. As a result, the automotive wiring harness market has shown immense growth in developing countries such as India, China, and Middle East.
Chassis harness is the largest segment in wiring harness market owing to the complex installations in the instrument panel of passenger cars. The increased installation rate of high-end electronics in passenger cars increases the complexity in the cables of the system. This factor drives the demand of chassis harness, which is responsible for the largest share in the automotive wiring harness market.
Research Coverage:
The report segments the automotive wiring harness market and forecasts its size, by volume and value, on the basis of region (Asia-Pacific, Europe, North America, and RoW), By Application (Chassis Harness, Body harness, Engine Harness, HVAC Harness And Speed Sensors harness), By electric vehicle type (BEV,HEV and PHEV), and by Vehicle Type (Light Vehicles & Heavy Vehicles). Qualitative analysis for by material is also provided.
The report also provides a comprehensive review of market drivers, restraints, opportunities, and challenges in the global automotive wiring harness market. Apart from analyzing the quantitative aspects of these markets, the report also covers qualitative aspects, like Porter’s five forces analysis for the global automotive wiring harness market.
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Key points from table of content :
Company Profiles :
(Overview, Products & Services, Strategies & Insights, Developments)*
• Sumitomo Electric
• Lear Corporation
• Delphi Automotive PLC
• Yazaki Corporation
• Furukawa Electric Co.
• Fujikura Automotive
• Samvardhana Motherson Group
• Leoni AG
• PKC Group
• THB Group
• Minda Automotive.
• Yura Corporation.
• Kromberg-Schubert
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