Automotive Wiring Harness Market By Application Type (Engine Wiring Harness, HVAC Wiring Harness, Body Wiring Harness, Chassis Wiring Harness) Vehicle Type (Passenger Cars, Two Wheelers, Commercial Vehicles) - Global Industry Analysis & Forecast to 2025
Industry Outlook and Trend Analysis
The Automotive Wiring Harness Market has encountered significant development over the recent years and is anticipated to grow tremendously over the forecast period. Automotive wiring harness is a group of cables or wires that carry signals or electrical power. They are bound together by cable ties, straps, cable lacing, sleeves, electrical tape, or a mix of these systems. Wiring harnesses are commonly structured as per electrical and geometric requirements. Automotive wiring harness is better shielded against the effect of vehicular vibrations when contrasted with the individual electric wires in a car. Besides, this harness is progressively secure from moisture and abrasions.
Drivers and Restraints
The automotive wiring harness market is driven by the fast development of automobile sector inferable from different innovatively propelled highlights executed in vehicles. Major challenge exists among vehicle producers to fabricate cars with different security highlights and electronic contraptions. As opposed to the regular wiring techniques, car wiring bridle gives secure and dependable associations, among such devices. Moreover, sending such wiring bridle frameworks enhances the eco-friendliness of the vehicle and conforms to the continuous government controls for fuel utilization and emissions.
North America and Europe will get extensive share of the market amid the conjecture time frame inferable from high adoption of safety innovations in vehicles.
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Furukawa Electric Co., Ltd
Spark Minda, Ashok Minda Group
Delphi Technologies PLC
Kromberg & Schubert GmbH Cable & Wire
Sumitomo Electric Industries, Ltd
China Auto Electronics Group Limited
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?