The Global Automotive Wiring Harness Market is estimated to reach USD 65.2 Billion by 2027 at a CAGR of 4.6 %.. Table 10: Global: Automotive Wiring Harness Market: Key Players, Note: We value your privacy and will never rent or sell your email address. The automotive wiring harness market size was valued at USD 48.42 billion in 2017, expanding at a CAGR of 6.2%. Figure 35: Global: Automotive Wiring Harness (Passenger Cars) Market: Sales Value (in Million US$), 2014 & 2019 What is the breakup of the market based on the application?         2.3.2    Secondary Sources         12.2.6 Indonesia Figure 38: Global: Automotive Wiring Harness (Commercial Vehicles) Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 14: Global: Automotive Wiring Harness (Engine Wiring Harness) Market Forecast: Sales Value (in Million US$), 2020-2025 List of Tables The global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019. Figure 67: India: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 What are the various stages in the value chain of the industry? Figure 70: South Korea: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 80: Germany: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Buy Now. What is the breakup of the market based on the vehicle type?         12.2.7 Others     17.1    Market Structure Plugged in sales are still lagging accounting for just 2% of overall vehicle sales iin 2019, the growth in wiring harness market value will come from ever growing sales of SUVs and crossovers.            12.2.3.1 Market Trends Figure 27: Global: Automotive Wiring Harness (Others) Market: Sales Value (in Million US$), 2014 & 2019 Automotive wiring harness is an electrical assembly of various components in a vehicle that transmit power and information to the system. High penetration of sunroof and seats with automatic controls will drive the growth of this segment of wiring harness.            12.2.1.1 Market Trends The global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019. Wiring harnesses are also used for securing safety sensors, such as blind-spot detection and automated control systems, for superior vehicle performance.     4.1    Overview These wires are made of vinyl, rubber or combination of other materials. Figure 62: Asia Pacific: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 3: Global: Automotive Wiring Harness Market: Breakup by Application (in %), 2019 Motherson Sumi acquired PKC Group Plc, Finland in 2017 for over $550 Million. 9    Market Breakup by Vehicle Type The Automotive Wiring Harness Market is Segmented by Application (Powertrain, Comfort, Convenience, and Entertainment, Safety and Wiring, and Body Wiring), Wire Type (Copper and Aluminum), Vehicle Type (Passenger Cars and Commercial Vehicles), and Geography. Figure 89: Russia: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Global Automotive Wiring Harness Market is a fragmented market with the presence of various global and regional players in the market. Figure 23: Global: Automotive Wiring Harness (Copper) Market: Sales Value (in Million US$), 2014 & 2019 Figure 101: Middle East and Africa: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019     6.5    Sensors Wiring Harness The different wires connect different components of the automobile and carry energy to start the engine, power windows and operate the navigation system, meters and lights. BizLink Holding Inc, a wire harness supplier to Tesla and also produce components for consumer electronics announced a 113% increase in net income from 2019. Figure 105: Global: Automotive Wiring Harness Industry: Porter’s Five Forces Analysis     6.3    Chassis Wiring Harness         12.3.3 United Kingdom They also contain materials like carbon or silicon.            12.2.7.2 Market Forecast Other factors, including the utilization of cost-effective and reliable optical fibers, along with the growing demand for Advanced Driver Assistance Systems (ADAS) in vehicles, are projected to drive the market further. Also, the drift in electrification and advance safety solutions in vehicles has aided in the growth of the market. Figure 7: Global: Automotive Wiring Harness Market: Breakup by Category (in %), 2019     10.4    Tubed Wires Figure 60: Canada: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 84: United Kingdom: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025     13.3    Weaknesses Of these, passenger vehicles was the most prominent segment, accounting for approximately 67.0% value share of the overall market in 2014.         9.3.1 Market Trends            17.3.7.2 Product Portfolio         9.2.1 Market Trends To know more about Automotive cockpit domain controller market, read our report. Automotive wiring harness … © Copyright 2021.            17.3.3.2 Product Portfolio  Figure 102: Middle East and Africa: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 3    Executive Summary     13.5    Threats         2.3.1    Primary Sources Figure 68: India: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 83: United Kingdom: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Global Automotive Wiring Harness Market is valued approximately at USD 81.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.10% over the forecast period 2020-2027. The report on Automotive Wiring Harness Testing Market provides qualitative as well as quantitative analysis in terms of market dynamics, competition scenarios, opportunity analysis, market growth, etc. It has evolved from the need of compact wiring, ease of operation in handling different electronics devices and protection against vibration and abrasion.            12.3.6.2 Market Forecast         7.2.1 Market Trends How has the global automotive wiring harness performed so far and how will it perform in the coming years?         12.5.2 Market Breakup by Country 14    Value Chain Analysis Table 4: Global: Automotive Wiring Harness Market Forecast: Breakup by Transmission Type (in Million US$), 2020-2025            12.2.6.2 Market Forecast     7.1    Copper Figure 92: Others: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 COVID has undoubtedly negatively affect the auto production worldwide resulting in decreased sales for wiring harness manufacturers but China saw a V shaped recovery from April 2020. As the volume of wiring harness grows, we expect features like cockpit domain controller to grow at a rapid rate.            12.2.5.2 Market Forecast 8    Market Breakup by Transmission Type            12.3.1.2 Market Forecast Global automotive wiring harness market was valued at $66,543 million in 2015, and is expected to reach $93,069 million by 2022, growing at a CAGR of 5.1% from 2016 to 2022.            17.3.4.4 SWOT Analysis In the year 2020, it is estimated that in a car, the average number of automotive wiring harness circuits is about 3,200 and these circuits are expected to get more consolidated with the introduction of smart features like cockpit domain controller, drive controller etc 2    Scope and Methodology  enhance our services. AUTOMOTIVE WIRING HARNESS MARKET: Summary. Figure 98: Mexico: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025     11.2    Wires         2.4.2    Top-Down Approach         12.4.2 Mexico Privacy policy, Vehicle-to-Grid Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Keyless Vehicle Access Control Systems Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, India Electric Three-wheeler Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Three-Wheeler Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, Automotive Drivetrain Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026, ( US: +1-631-791-1145 )     5.2    Market Performance GLOBAL AUTOMOTIVE WIRING HARNESS MARKET KEY FINDINGS. It provides the Automotive Wiring Harness industry overview with growth analysis and historical & futuristic cost, … An automotive wiring harness refers to an assembly of electric wires, connectors and terminals that relays power and information throughout the vehicle.         12.2.1 China Figure 93: Latin America: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 This site uses cookies (including third-party cookies) to record user’s preferences which help us to Functioning and performance depend on the design of connectors and the setting, in which it will perform, decides the material used, its durability, types of insulation between the pins etc. Figure 43: Global: Automotive Wiring Harness (Shielded Wires) Market: Sales Value (in Million US$), 2014 & 2019 Automotive wiring harness market is envisioned to value at USD 81 Billion by 2029 end and is expected to register a CAGR of 5.7% over the forecast period 2020-2029.. Market Overview. For further information review our Privacy Policy. Table 2: Global: Automotive Wiring Harness Market Forecast: Breakup by Application (in Million US$), 2020-2025     12.5    Middle East and Africa         17.3.4    Leoni AG What is the degree of competition in the industry. What is the breakup of the market based on the category? Figure 76: Others: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Electronic signal or power is transmitted through plugs & jack in a connector. Figure 17: Global: Automotive Wiring Harness (HVAC Wiring Harness) Market: Sales Value (in Million US$), 2014 & 2019 Almost 50% of the labour cost in a vehicle is accounted by wiring harnesses due to lack of automation in the field. Figure 28: Global: Automotive Wiring Harness (Others) Market Forecast: Sales Value (in Million US$), 2020-2025 An automotive wiring harness refers to an assembly of electric wires, connectors and terminals that relays power and information throughout the vehicle. Figure 79: Germany: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019         17.3.10    YAZAKI Corporation            17.3.2.1 Company Overview            17.3.8.1 Company Overview            17.3.1.2 Product Portfolio  Due to increasing demand of premium vehicle and growing electronics content, Asia Pacific has become the hotspot market for wire harness.         8.2.1 Market Trends Automotive Wiring Harness Market Introduction. Looking forward, IMARC Group expects the market to exhibit moderate growth during the next five years. 5    Global Automotive Wiring Harness Market Europe is expected to decline by ~25% in 2020, with total passenger sales expected to be ~11M units as compared to ~15M in 2019.            12.3.6.1 Market Trends Figure 90: Russia: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 91: Others: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019            17.3.2.3 Financials  The major players include Delphi Automotive LLP, Furukawa Electric Co. Ltd, Sumitomo Electric Industries Ltd., Lear Corporation, and THB Group. Figure 24: Global: Automotive Wiring Harness (Copper) Market Forecast: Sales Value (in Million US$), 2020-2025         10.2.1 Market Trends            12.3.5.2 Market Forecast         9.1.2 Market Forecast         17.3.9   THB Group (AmWINS Group, Inc)            17.3.5.1 Company Overview Figure 50: Global: Automotive Wiring Harness (Wires) Market Forecast: Sales Value (in Million US$), 2020-2025            17.3.8.4 SWOT Analysis            12.3.5.1 Market Trends The wire harness is a set of electrical cables and wires bundled together mainly for signal … Global Automotive Wiring Harness Market Size, Share, Trends and industry analysis now available from IndustryARC. In comparison to the conventionally used wiring systems, automotive wiring harness offers highly secure and reliable connections, while enhancing the fuel efficiency of the vehicle.         10.1.1 Market Trends Figure 16: Global: Automotive Wiring Harness (Chassis Wiring Harness) Market Forecast: Sales Value (in Million US$), 2020-2025 Wire harness innovations and designs are typically aimed at plummeting the metal content use in a vehicle in order to reduce its overall weight.         6.3.1 Market Trends Figure 53: Global: Automotive Wiring Harness (Others) Market: Sales Value (in Million US$), 2014 & 2019 Automotive Wiring Harness Market Overview. Figure 8: Global: Automotive Wiring Harness Market: Breakup by Component (in %), 2019 Figure 73: Indonesia: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Figure 22: Global: Automotive Wiring Harness (Others) Market Forecast: Sales Value (in Million US$), 2020-2025         11.1.1 Market Trends Figure 52: Global: Automotive Wiring Harness (Terminals) Market Forecast: Sales Value (in Million US$), 2020-2025            12.4.2.1 Market Trends            17.3.9.3 Financials             17.3.11.2 Product Portfolio, List of Figures            17.3.2.2 Product Portfolio Figure 13: Global: Automotive Wiring Harness (Engine Wiring Harness) Market: Sales Value (in Million US$), 2014 & 2019         10.4.2 Market Forecast            12.2.2.1 Market Trends China’s commitment to increase imports of US goods by $200 Billion over the next two years, including purchases of manufacturing products (like connectors, terminals, wires etc. In particular, this report presents the global market share (sales and revenue) of key companies in Automotive Wiring Harness business, shared in Chapter 3. Figure 86: Italy: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Figure 34: Global: Automotive Wiring Harness (Two Wheelers) Market Forecast: Sales Value (in Million US$), 2020-2025 The sole purpose of a connector is to transmit electric signals for connecting a wire harness to an electrical power source. The report has also analysed the competitive landscape of the market with some of the key players being Delphi Technologies (BorgWarner Inc.), Furukawa Electric Co. Ltd., Lear Corporation, Leoni AG, Nexans Autoelectric GmbH, PKC Group Plc (Motherson Sumi Systems Ltd.), Samvardhana Motherson Automotive Systems Group B.V., Sumitomo Electric Industries Ltd., THB Group (AmWINS Group, Inc), YAZAKI Corporation, YURA Corporation, etc.         10.1.2 Market Forecast         8.1.1 Market Trends            17.3.4.2 Product Portfolio             12.3.3.2 Market Forecast            12.1.2.2 Market Forecast         9.3.2 Market Forecast Figure 97: Mexico: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019         12.1.1 United States The Automotive Secondary Wiring Harness Market report points out national and global business prospects and competitive conditions for the automotive secondary wiring harness. Introduction.         17.3.7    Samvardhana Motherson Automotive Systems Group B.V.              12.3.4.2 Market Forecast     2.3    Data Sources CAN (CONTROLLER AREA NETWORK):  It mainly controls the communication between major components of vehicle such as door modules, weather control module, power seat modules etc. Figure 36: Global: Automotive Wiring Harness (Passenger Cars) Market Forecast: Sales Value (in Million US$), 2020-2025     15.3    Bargaining Power of Suppliers It also acts as a safety casing that aids in preventing fires caused by short circuits. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market. Rest of World Automotive Wiring Harness Market, By Category 11.4.3.            12.3.1.1 Market Trends            12.2.6.1 Market Trends Figure 12: Global: Automotive Wiring Harness (Body Wiring Harness) Market Forecast: Sales Value (in Million US$), 2020-2025 *As the coronavirus disease (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.            17.3.8.2 Product Portfolio Automotive Wiring Harness Market By Value, Is Projected To Grow To USD 55.4 Billion By 2027 From USD 43.3 Billion In 2019, At A CAGR Of 3.1% Published: Dec. 7, 2020 at 9:31 a.m. ET            17.3.3.3 Financials      9.3    Commercial Vehicles ( UK: +44-702-409-7331 ) Figure 49: Global: Automotive Wiring Harness (Wires) Market: Sales Value (in Million US$), 2014 & 2019 Choosing the accurate connector and terminal for an operation is vital to the overall performance of the wire harness. The $630 Billion per annum passenger car market of US is the most lucrative market for wiring harness manufacturers globally.         12.1.2 Canada         17.3.6    PKC Group Plc (Motherson Sumi Systems Ltd.)     2.1    Objectives of the Study         10.3.2 Market Forecast Significant growth in the automotive industry across the globe is one of the key factors driving the market growth.            12.4.1.1 Market Trends            12.1.1.1 Market Trends Figure 1: Global: Automotive Wiring Harness Market: Major Drivers and Challenges Every machine and electronic device have varying operative needs.         6.2.1 Market Trends            17.3.1.3 Financials  Home. Figure 58: United States: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025            17.3.8.3 Financials  TE Connectivity is among the leader in terms of automotive connector market by providing all specialty cables and networking solutions to auto OEMs to implement features of connected as well as automated driving. LONDON-- ( BUSINESS WIRE )--Technavio has been monitoring the automotive wiring harness market and it is poised to grow by USD 10.7 billion during 2020 …         17.3.8    Sumitomo Electric Industries Ltd.  Motherson Sumi to raise more than $50 Million via issue of securities.     4.2    Key Industry Trends Figure 4: Global: Automotive Wiring Harness Market: Breakup by Material Type (in %), 2019 On the basis of vehicle type, the global automotive wiring harness market is segmented into five segments: passenger vehicles, commercial vehicles, electric vehicles, hybrid vehicles and two wheelers. 11.4.2. Figure 75: Others: Automotive Wiring Harness Market: Sales Value (in Million US$), 2014 & 2019 Request Sample.         12.3.7 Others Table 8: Global: Automotive Wiring Harness Market Forecast: Breakup by Region (in Million US$), 2020-2025         11.2.2 Market Forecast         11.1.2 Market Forecast Figure 31: Global: Automotive Wiring Harness (Electrical Wiring) Market: Sales Value (in Million US$), 2014 & 2019 Even though the design of wire harnesses may vary depending on the application of the device or machine, but the three core components remains the same. Many shapes of terminals are available in market likes hooks, rings, spades, quick-disconnect, bullet.         12.3.5 Spain            12.3.2.2 Market Forecast With most of the major companies in wire harness, this region is the biggest producer and supplier worldwide.     2.4    Market Estimation The Indian market for automotive wiring harness is driven by the rapid growth of the automobile industry because of the many technologically advanced features implemented in vehicles. Some of the key players in the automotive wiring harness market are Sumitomo Electric Industries (Japan), Yazaki Corporation (Japan), Aptiv PLC (Ireland), Leoni AG (Germany), and Furukawa Electric (Japan). Rest of World Automotive Wiring Harness Market, By Transmission Type 11.4.4.     11.3    Terminals         12.5.3 Market Forecast Figure 54: Global: Automotive Wiring Harness (Others) Market Forecast: Sales Value (in Million US$), 2020-2025            17.3.9.1 Company Overview LEIKO is a new concept in wire harness by BMW along with scientists from Technische Universiteit München, which will overcome the cons of metals such as Aluminium like its corrosion resistance ability.            17.3.7.3 Financials          9.1.1 Market Trends            12.4.3.2 Market Forecast Figure 29: Global: Automotive Wiring Harness (Data Transmission) Market: Sales Value (in Million US$), 2014 & 2019 One is an aluminum alloy automotive wire with high strength and high conductivity, another is copper-clad aluminum (CA) wire suitable for a thick wire such as a battery cable, and the last is a high strength wire suitable for signal lines that have the same strength with the one quarter cross section to that of a current soft wire. Figure 11: Global: Automotive Wiring Harness (Body Wiring Harness) Market: Sales Value (in Million US$), 2014 & 2019            17.3.11.1 Company Overview         10.2.2 Market Forecast 17    Competitive Landscape US is expected to decline by 8-9% YOY which is a huge relief to all wiring harness manufacturers. What has been the impact of COVID-19 on the global automotive wiring harness market?         6.3.2 Market Forecast         7.1.1 Market Trends     15.1    Overview According to the latest report by IMARC Group, the global automotive wiring harness market grew at a CAGR of around 6% during 2014-2019.            12.2.7.1 Market Trends Terminals in wire harnesses are usually made of metals/alloys. Figure 10: Global: Automotive Wiring Harness Market Forecast: Sales Value (in Billion US$), 2020-2025 Connectors and terminals are important parts of designing and manufacturing a wire harness. 7    Market Breakup by Material Type         12.4.3 Others The global automotive wiring harness market value is projected to reach at USD 79 billion by growing at a compound annual growth rate (CAGR) of around 4.6% during period 2020 to 2027.            12.1.1.2 Market Forecast It is expected that this market will decline by less than 7% in 2020 YOY. Figure 64: China: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025            12.3.7.1 Market Trends Global automotive wiring harness market was capitalized at US$69,743 million in 2019 and is estimated to reach US$1,01,787 million by 2026, …            17.3.3.1 Company Overview Figure 44: Global: Automotive Wiring Harness (Shielded Wires) Market Forecast: Sales Value (in Million US$), 2020-2025 In terms of raw materials used in a vehicle, steel and copper has been replaced with aluminium and copper-based alloy so as to reduce the overall weight of the vehicle because higher the weight of vehicle higher the fuel consumption and lower the battery life. Figure 66: Japan: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025 Automotive wiring harness is an electrical assembly of various components in a vehicle that transmits power and information to … Figure 6: Global: Automotive Wiring Harness Market: Breakup by Vehicle Type (in %), 2019     12.1    North America            12.2.1.2 Market Forecast         12.2.3 India Figure 103: Global: Automotive Wiring Harness Industry: SWOT Analysis Figure 45: Global: Automotive Wiring Harness (Tubed Wires) Market: Sales Value (in Million US$), 2014 & 2019 Report reveals Automotive Wiring Harness Market … Evolution of the purpose of in-car infotainment systems from a mere mode of entertainment to a real-time updates delivering tool is uplifting the volume of automotive wiring harness.     7.2    Aluminum Figure 33: Global: Automotive Wiring Harness (Two Wheelers) Market: Sales Value (in Million US$), 2014 & 2019         8.1.2 Market Forecast         6.5.2 Market Forecast Some automobiles contains such amount of wires that if extended it could stretch over several kilometres. Table 7: Global: Automotive Wiring Harness Market Forecast: Breakup by Component (in Million US$), 2020-2025 Figure 56: North America: Automotive Wiring Harness Market Forecast: Sales Value (in Million US$), 2020-2025            17.3.10.2 Product Portfolio  They are also commonly used to harness wiring of the chassis, heating, ventilation and air conditioning (HVAC) system and sensors. Major companies in wire harnesses are also commonly used to harness wiring the! Till date key driving factors and challenges in the value chain of the market growth analysts focuses on the. Motor, heater, cooler etc electrical power source harness, ultimately leading to improved fuel economy automotive wiring harness market reduced emissions. The R & D division plans to ramp up research in providing next generation cable technology for new. Is accounted by wiring harnesses due to increasing demand of premium vehicle and growing electronics content, Pacific. 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