Copper may not suffice the requirements of upcoming functions and technologies. The growing demand for high-speed data transmission from vehicle manufacturers is driving the market for optical fiber cables in vehicles. Rising integration of electronic devices in vehicles … What is the penetration of data transmission and electric wires in ICE and electric vehicle wiring harness market? Several primary interviews have been conducted with market experts from Tier I suppliers of wiring harness across four major regions, namely, North America, Europe, Asia Pacific, and the Rest of the World. is mapped at the country level for each vehicle category. Furthermore, the industry players are undertaking several strategic initiatives such as collaborations with locals suppliers, to augment their position in the global automotive wiring harness market space. Manufacturers are shifting their focus on using technologically superior electric components in vehicle to provide standardized and high-quality safety systems to OEMs. 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). Automotive Wiring Harness Market Worldwide Industry Share, Size, Gross Margin, Trend, Future Demand and Forecast till 2027. We also take pride in our commitment to quality and strive to ensure that our clients get their moneys worth. In North America, the U.S. is estimated to dominate the automotive wiring harness market, accounting for over 80.0% value share of the overall market by the end of 2015. The global automotive wiring harness market size is expected to reach USD 77.15 billion by 2025 at a 6.2% CAGR during the forecast period, according to a study conducted by Grand View Research, Inc. It is expected to exhibit a 6.35% CAGR during the assessment period (2017-2023). It is estimated that automotive sales in the US, China and European markets may witness as much as 14-22% decrease in the year 2020, as a direct consequence of the ongoing pandemic. How would the penetration of electric vehicles impact the market over the next five years? Get in touch with us for special pricing. - 174) 17.1 Overview 17.2 Automotive Wiring Harness Market: Market Ranking Analysis 17.3 Competitive Leadership Mapping 17.3.1 Terminology 17.3.2 Visionary Leaders 17.3.3 Innovators 17.3.4 Dynamic Differentiators 17.3.5 Emerging Companies 17.4 Strength of Product Portfolio 17.5 Business Strategy Excellence 17.6 Winners vs. Optical fiber cables have a relatively higher speed than copper and other materials. The MarketWatch News Department was not involved in the creation of this content. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified by primary sources. Even as the COVID-19 continues its rampage across the globe, the auto industry has seen the impact of the crisis evolve from a drastic supply hit to a rapid decline in global demand. Automotive Wiring Harness Market size will expand at a healthy CAGR through 2026 on account of growing demand for integration of advanced electronic safety functions in automobiles. The bottom-up approach has been used to estimate and validate the size of the wiring harness market. The Automotive Wiring Harness Market is forecasted to reach USD XX million by 2026, registering a CAGR of xx% during the forecast period 2020 - 2026 . - 42) 4.1 Automotive Wiring Harness Market: Trend, Forecast, Opportunity 4.2 Automotive Wiring Harness Market, By Region 4.3 Automotive Wiring Harness Market for Ice Vehicles, By Component 4.4 Automotive Wiring Harness Market, By Ice Vehicle Type 4.5 Automotive Wiring Harness Market, By Application 4.6 Automotive Wiring Harness Market for Ice Vehicles, By Transmission Type 4.7 Automotive Wiring Harness Market for Electric Vehicles, By Transmission Type 4.8 Automotive Wiring Harness Market for Ice Vehicles, By Material Type 4.9 Automotive Wiring Harness Market for Electric Vehicles, By Material Type 4.1 Automotive Wiring Harness Market, By Electric Vehicle Type, 5 Recommendations By Marketsandmarkets (Page No. Metallic Wiring 11.12.2. Global automotive wiring harness market is anticipated to reach USD 93,074.4 million by 2023, as per a new detailed report by Market Research Future (MRFR). Overview. Europe is expected to decline by ~25% in 2020, with total … Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by multiple industry experts. The global Automotive Wiring Harness market accrued earnings worth approximately 69,743 (USD Million) in 2019 and is set to record a CAGR of about 5.5% over the period from 2020 to 2026. As an organization, we also strive to be fully compliant with privacy laws, PCI and information security guidelines. Automotive Wiring Harness Market Size, Share & Trends Analysis Report 2018-2025 . An automotive wiring harness is defined as an electrical assembly of several components in a vehicle that can transfer information and power to a single system. Digitalization is providing wire harness makers the tools they need to adapt to an increasingly dynamic industrial landscape. - 81)Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Pacific, Europe, North America and RoW 9.1 Introduction 9.1.1 Research Methodology 9.1.2 Assumptions 9.1.3 Industry Insights 9.2 Connectors 9.3 Wires 9.4 Terminals 9.5 Other Components, 10 Automotive Wiring Harness Market, By Material Type (Page No. Market Dynamics- Drivers. The summation of country-level market leads to the regional-level market in terms of value. Losers 17.6.1 Winners 17.6.2 Tail-Enders/Losers 17.7 Competitive Scenario 17.7.1 New Product Developments/Launches 17.7.2 Expansion 17.7.3 Acquisition 17.7.4 Partnerships/Contracts, 18 Company Profiles (Page No. Region : Global | Report ID: FBI102043 | Status : Ongoing . 6.5.2 Automotive Wiring Harness Market, Optimistic Scenario 6.5.3 Automotive Wiring Harness Market, Pessimistic Scenario 6.6 Automotive Wiring Harness Market, Scenarios for … - 50) 6.1 Introduction 6.2 Years Considered in the Study 6.3 Market Dynamics 6.3.1 Drivers 6.3.1.1 Rise in Vehicle Sales and Increase in Demand for Premium Vehicles 6.3.1.2 Rising Trend of Integrating Advanced Features 6.3.1.3 Growing Penetration of Electric Vehicles 6.3.2 Restraints 6.3.2.1 Corrosive Nature of Wiring Harness 6.3.2.2 Incorrect Wire Preparation, Staging, and Defects in Crimping Process 6.3.3 Opportunities 6.3.3.1 Growing Trend of Autonomous and Semi-Autonomous Vehicles 6.3.3.2 Enhanced Performance Related to Security and Safety 6.3.3.3 Demand for Lightweight Harness 6.3.4 Challenges 6.3.4.1 Fluctuating Cost of Copper Due to Increasing Demand 6.3.4.2 Vacillating Trend Synced Technological Demands From OEMs 6.4 Revenue Shift & New Revenue Pockets for Wiring Harness Suppliers 6.5 Automotive Wiring Harness Market, Scenarios for Ice Vehicles (20192027) 6.5.1 Automotive Wiring Harness Market, Most Likely Scenario 6.5.2 Automotive Wiring Harness Market, Optimistic Scenario 6.5.3 Automotive Wiring Harness Market, Pessimistic Scenario 6.6 Automotive Wiring Harness Market, Scenarios for Electric Vehicles (20182027) 6.6.1 Automotive Wiring Harness Market, Most Likely Scenario 6.6.2 Automotive Wiring Harness Market, Optimistic Scenario 6.6.3 Automotive Wiring Harness Market, Pessimistic Scenario 6.7 Average Selling Price (ASP) Analysis for Automotive Wiring Harness, By Region 6.7.1 Asia Pacific 6.7.2 Europe 6.7.3 North America 6.8 Average Selling Price (ASP) Analysis for Automotive Wiring Harness, By Application 6.8.1 Engine Harness 6.8.2 Chassis Harness 6.8.3 Body & Lighting Harness 6.8.4 HVAC Harness 6.8.5 Dashboard Harness 6.8.6 Battery Harness 6.8.7 Seat Harness 6.8.8 Sunroof Harness 6.8.9 Door Harness, 7 Automotive Wiring Harness Market, By Category (Page No. Developments in semiconductor technology to reduce the number of units and weight of cars is anticipated to drive market growth. At present, BEVs have achieved popularity on account of their capability to provide numerous societal, environmental, and … The study involves four main activities to estimate the current size of the automotive wiring harness market. Posted on December 2, 2020 December 1, 2020 Author admin Comment(0) Automotive Wiring Harness Market by Material Type (Copper, Aluminum & Others), by Transmission Type (Data Transmission, Electrical Wiring), by Vehicle Type (Two Wheelers, Passenger Cars, Commercial … Primary data has been collected through questionnaires, emails, and telephonic interviews. It also acts as a safety casing that aids in preventing fires caused by short circuits. Solution partners such as Capital, for instance, are offering integrated software portfolios to facilitate the complete flow of wiring harness engineering and production, from development to production. Therefore, the segment accounted for a major share of the global automotive wiring harness market. Most modern vehicles are equipped with numerous electronic systems, because of consistent innovation in automotive technologies. Manufacturers are shifting their focus on using technologically superior electric components in vehicle to provide standardized and high-quality safety systems to OEMs. It is expected that this market will decline by less than 7% in 2020 YOY. Additionally, number of new registrations per year is increasing throughout other emerging markets, especially in South-East India, which is serving as a positive growth environment for automotive wiring harness manufacturing … 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. In 2019, HEVs are estimated to hold a 62% share in sales of electric vehicles. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. Store. In North America, the U.S. is estimated to dominate the automotive wiring harness market, accounting for over 80.0% value share of the overall market by the end of 2015. In fact, Chinas luxury car sales have been so strong that leading luxury brands such as Lamborghini and Maserati witnessed their best year in terms of sales growth in 2016. 18.11 Additional Companies 18.11.1 Americas 18.11.1.1 General Cable Technologies Corporation 18.11.1.2 Pacific Insight Electronics 18.11.1.3 Prestolite Wire 18.11.1.4 Cypress Industries 18.11.2 Europe 18.11.2.1 Prysmian Group 18.11.2.2 Kromberg & Schubert GmbH 18.11.2.3 Draxlmaier 18.11.2.4 Ke Elektronik 18.11.2.5 Fintall Oy 18.11.2.6 Coroplast Fritz Müller GmbH & Co 18.11.2.7 Adaptronic Prüftechnik GmbH 18.11.2.8 Czech Republic Onamba S.R.O. To analyze and forecast (20192027) the automotive wiring harness market in terms of value (USD million) and volume (000 units), To provide detailed information regarding the major factors influencing market growth (drivers, restraints, opportunities, and challenges), To qualitatively analyze and assess the automotive wiring harness market, based on category (general wires, heat resistant wires, shielded wires, and tubed wires), To segment and forecast the automotive wiring harness market, in terms of value and volume, based on application (engine harness, chassis harness, body & lighting harness, HVAC harness, dashboard/cabin harness, battery harness, seat harness, sunroof harness, and door harness), To segment and forecast the automotive wiring harness market, in terms of value, based on component (connectors, wires, terminals, and others), To segment and forecast the automotive wiring harness market, in terms of value, based on material type [metallic wiring (copper, aluminum and other materials) and optical wiring (glass optical fiber and plastic optical fiber)], To segment and forecast the ICE vehicle wiring harness market, in terms of value, based on transmission type (data transmission and electrical wiring), To segment and forecast the automotive wiring harness market, in terms of value and volume, based on ICE vehicle type (PC, LCV, Bus, Truck) & mapped applications (engine harness, chassis harness, body & lighting harness, HVAC harness, dashboard/cabin harness, battery harness, seat, sunroof, and door harness), To qualitatively analyze and assess the automotive wiring harness market for 48V architecture vehicle, by region, To segment and forecast the automotive wiring harness market, in terms of value and volume, based on electric vehicle type (BEV, HEV, PHEV and FCEV) & mapped applications (engine harness, chassis harness, body & lighting harness, HVAC harness, dashboard/cabin harness, battery harness, seat, sunroof, and door harness), To forecast the automotive wiring harness market, in terms of value and volume, with respect to key regions, namely, Asia Oceania, Europe, North America, and the Rest of the World, To strategically analyze markets with respect to individual growth trends, prospects, and contribution to the total market, To analyze markets and find the competitive landscape, market ranking, market overview, and industry overview of the automotive wiring harness market, Get Data as per your Format and Definition, Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor, What are the Known and Unknown Adjacencies Impacting the Automotive Wiring Harness Market. Optical Wiring 11.12.5. Automotive Wiring Harness Market Share, Size, Growth, Opportunities and Forecast 2020 To 2025. Category: Automotive Industry Today | Subscribe to Automotive Industry Today Feed Published Mon, Sep 25th 2017. It is expected to exhibit a 6.35% CAGR during the assessment period (2017-2023). - 100) Note: The Chapter is Further Segmented at Regional Level and Regions Considered are Asia Pacific, Europe, North America and RoW 11.1 Introduction 11.1.1 Research Methodology 11.1.2 Assumptions 11.1.3 Industry Insights 11.2 Data Transmission 11.3 Electrical Wiring, 12 Automotive Wiring Harness Market, By Ice Vehicle Type & Application (Page No. - 185)(Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View)* 18.1 Sumitomo Electric Industries 18.2 Yazaki Corporation 18.3 Aptiv PLC 18.4 Leoni AG 18.5 Furukawa Electric 18.6 Nexans 18.7 Samvardhana Motherson Group 18.8 Lear Corporation 18.9 Fujikura Ltd. 18.10 PKC Group *Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis & MnM View Might Not Be Captured in Case of Unlisted Companies. The secondary sources referred for this research study include industry organizations such as OICA, corporate filings (such as annual reports, investor presentations, and financial statements); databases such as Factiva, CrunchBase, Bloomberg; and trade, business, and automotive associations. The global automotive wiring harness market was valued for US$ 54,629.4 Mn in 2019 is expected to exhibit a CAGR of 8.9% during the forecast period. The automotive wiring harness market size was valued at USD 48.42 billion in 2017, expanding at a CAGR of 6.2%. Aluminum 11.12.4. - 128) 14.1 Introduction 14.1.1 Research Methodology 14.1.2 Assumptions 14.1.3 Industry Insights 14.2 Total Harness in Electric Vehicle Types 14.3 Battery Electric Vehicle (BEV) 14.3.1 Chassis Harness 14.3.2 Body & Lighting Harness 14.3.3 HVAC Harness 14.3.4 Dashboard/Cabin Harness 14.3.5 Battery Harness 14.3.6 Seat Harness 14.3.7 Sunroof Harness 14.3.8 Door Harness 14.4 Hybrid Electric Vehicle (HEV) 14.4.1 Engine Harness 14.4.2 Chassis Harness 14.4.3 Body & Lighting Harness 14.4.4 HVAC Harness 14.4.5 Dashboard/Cabin Harness 14.4.6 Battery Harness 14.4.7 Seat Harness 14.4.8 Sunroof Harness 14.4.9 Door Harness 14.5 Plug-In Hybrid Electric Vehicle 14.5.1 Engine Harness 14.5.2 Chassis Harness 14.5.3 Body & Lighting Harness 14.5.4 HVAC Harness 14.5.5 Dashboard/Cabin Harness 14.5.6 Battery Harness 14.5.7 Seat Harness 14.5.8 Sunroof Harness 14.5.9 Door Harness 14.6 Fuel Cell Electric Vehicle (FCEV) 14.6.1 Chassis Harness 14.6.2 Body & Lighting Harness 14.6.3 HVAC Harness 14.6.4 Dashboard/Cabin Harness 14.6.5 Battery Harness 14.6.6 Seat Harness 14.6.7 Sunroof Harness 14.6.8 Door Harness, 15 Electric Vehicle Wiring Harness Market, By Transmission Type (Page No. Offers assessment and analysis of the vehicles market has 11 % CAGR during the Forecast period other.. 62 % Share in sales of electric vehicles is the scenario for wiring harness the. 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