Press release
Automotive Wiring Harness Market Overview, Growth, Supply, Revenue and Forecast 2017-2023
Market Research Future published a research report on “Global Automotive Wiring Harness Market Research Report- Forecast 2023” – Market Analysis, Scope, Stake, Progress, Trends and Forecast to 2023.Global Automotive Wiring Harness Market Information Report by Vehicle Type (Passenger Car, Light Motor Vehicles, Heavy Motor Vehicle and Others), by material type (Copper, Aluminium and Others) by Application (Engine, HVAC, Body, Chassis, Sensors and Others), and by Regions - Global Forecast To 2023
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.
The Automotive wiring harness market is expected to grow over the CAGR of around 6% during the period 2016 to 2022.
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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.
Key Players
The key players of global automotive wiring harness markets includes Delphi Corporation, Yazaki Corporation, Leoni Group, Sumito Electric Industries, Furukawa Electric, Fujikura Ltd, PKC Group, SPARK MINDA, THB Group, Yura Corporation and among others.
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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
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About Us:
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.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
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.
Akash Anand,
Market Research Future
Pune – 411028
Maharashtra, India
Phone No. :+1 646 845 9312
Email: sales@marketresearchfuture.com
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