Press release
Market Trend : Automotive Wiring Harness Market Globally Grow at a CAGR of 6% by Revenue During the Period 2017-2020
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.
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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.
Technavios analysts forecast the global automotive wiring harness market to grow at a CAGR of 6% during the period 2016-2020.
Covered in this report
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
View Complete TOC with tables & Figures @ https://www.researchmoz.us/global-automotive-wiring-harness-market-2016-2020-report.html/toc
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
Browse Report @ https://www.researchmoz.us/global-automotive-wiring-harness-market-2016-2020-report.html
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?
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