Press release
Automotive Wiring Harness Market is Expected to Grow at a CAGR of 6% by 2022
Automotive Wiring Harness Market
Market Highlights:
The global automotive wiring harness market is majorly driven by the growth of the automotive industry and the increase in adoption of security systems in automobiles. The rapid increase in fuel prices all over the world, is leading to the rise in adoption of smart vehicles, which is further driving the automotive wiring harness market. The increase in demand for highly equipped electric components in automobiles, is leading to more standardized systems, which ensure safe wiring in automobiles. The increasing demand of connectivity in cars, to facilitate easy connection of components in a vehicle, is an emerging trend leading to the growth of the market.
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Key Players of Automotive Wiring Harness Market:
• Yazaki Corporation (Japan)
• Sumito Electric Industries Ltd. (Japan)
• Delphi Automotive PLC (U.K.)
• Leoni AG(Germany)
• Lear Corporation (U.S.)
• Furukawa Electric Co., Ltd. (Japan)
• Yura Co Ltd. (South Korea)
• Kyungship Corp (Korea)
• Kromberg & Schubert (Germany)
• Qingdao Yujin Electro-Circuit Systems Co.,Ltd. (China)
Market Research Analysis:
Among all types of automotive wiring harness, aluminum is expected to be the highest growing segment as it supports the overall weight reduction target. The reduction in vehicle weight by use of aluminum helps in reduction of carbon-dioxide emissions, thus delivering more fuel-efficiency.
Asia-Pacific region is expected to experience a healthy growth during the forecast period. The Asia-Pacific market is projected to be the fastest-growing market with the increasing population and rising income, which accelerates the per capita spending on the purchase of automotive. The increased use of speed sensors wiring harness with the increase in demand of high end-vehicles is also boosting the demand of the automotive wiring harness market in the Asia-Pacific region.
Scope of the Report:
This study provides an overview of the global automotive wiring harness market, tracking three market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global automotive wiring harness market by its type, vehicle type, application and region.
By Type
• Copper
• Aluminum
• Others
By vehicle type
• Passenger Car
• Light Commercial Vehicle
• Heavy Commercial Vehicle
By Application
• Chassis
• Body
• Engine
• Speed sensor
• Others
By Region
• North America
• Asia Pacific
• Europe
• Rest of the World
Brief TOC:
1 Executive Summary
2 Research Methodology
2.1 Scope of the Study
2.1.1 Definition
2.1.2 Research Objective
2.1.3 Assumptions
2.1.4 Limitations
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market size Estimation
2.4 Forecast Model
3 Market Dynamics
3.1 Market Drivers
3.2 Market Inhibitors
3.3 Supply/Value Chain Analysis
3.4 Porter’s Five Forces Analysis
4 Global Automotive Wiring Harness Market, By Type
4.1 Copper
4.2 Aluminum
4.3 Others
5 Global Automotive Wiring Harness Market, By Vehicle-type
5.1 Introduction
5.2 Passenger Car
5.3 Light Commercial Vehicle
5.4 Heavy Commercial Vehicle
Continue…
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About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
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In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
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