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Global Automotive Wiring Harness Market to grow at a CAGR of 6% during 2016-2020

03-17-2017 02:12 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Automotive Wiring Harness

Global Automotive Wiring Harness Market to grow at a CAGR of 6%

Albany, NY, March 17, 2017: An automotive wiring harness is an assembly of electric wires or cables and other components such as connectors and clamps used to transfer information and power among the electronic components of a vehicle. It is also known as a wiring loom for vehicles. Electric wires are tied together with the help of different components such as cable ties, electrical tapes, conduits, or a combination of these to form the complete wiring assembly. An automotive wiring harness safeguards the wires against the impact of vibrations. In addition, it also safeguards the components from abrasions and moisture. The design of the automotive wiring harness has become more complicated with an increase in the number of connected components in vehicles. Companies have developed design software like computer-aided design (CAD) tools to design automotive wiring harnesses.

The global automotive wiring harness market to grow at a CAGR of 6% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global automotive wiring harness market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market.

The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA

Get a Sample Research PDF with TOC: http://www.researchmoz.us/enquiry.php?type=S&repid=883439

Technavio's report, Global Automotive Wiring Harness Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
- Delphi Automotive
- Lear
- Leoni
- Sumitomo Electric Wiring Systems
- Yazaki

Other prominent vendors
- Coroplast
- Fujikura
- Furukawa
- PKC
- Yura

Market driver
- Expanding EV sector to spur the demand for automotive wiring harnesses.
- For a full, detailed list, view our report

Market challenge
- Rising pressure from OEMs to reduce component costs.
- For a full, detailed list, view our report

Market trend
- Smart materials to shape the future of automotive wiring harnesses.
- For a full, detailed list, view our report

Enquiry at: http://www.researchmoz.us/enquiry.php?type=E&repid=883439

Key questions answered in this report
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

ResearchMoz is the world’s fastest growing collection of market research reports worldwide. Our database is composed of current market studies from over 100 featured publishers worldwide. Our market research databases integrate statistics with analysis from global, regional, country and company perspectives. ResearchMoz’s service portfolio also includes value-added services such as market research customization, competitive landscaping, and in-depth surveys, delivered by a team of experienced Research Coordinators.

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