Automotive Wiring Harness Market is estimated to reach US$ 68.18 Bn by 2027 from US$ 47.08 Bn in 2018

by Sameer Joshi or 28-May-2019
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Report : Automotive Wiring Harness Market to 2027 - Global Analysis and Forecasts by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Commercial Vehicle); Type (Main, Auxiliaries, Cockpit, ICE Harness, E-Motor Harness, and Others)

Automotive Wiring Harness Market to 2027 by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Commercial Vehicle); Type (Main, Auxiliaries, Cockpit, ICE Harness, E-Motor Harness, and Others); and Geography.

Automotive sector deploys large efforts to transform the driving experience for its users. Recently, electric vehicles have found profound attraction in the end-user circles coupled with the boost from Governmental authorities owing to the environmental friendly nature of these cars. The automobiles of today are becoming smarter, becoming more capable of self-diagnostics, and are anticipated of also getting connected with each other for communication purposes. Trends such as Advanced Driver Assistant Systems (ADAS), infotainment systems, car telematics have been trending in the automotive industry for quite some time now. The success of these trends is entirely attributed to the sophistication and technological advancements in the semiconductor industry. The trends such as car telematics, easy-to-use and interactive infotainment systems are emerging at rapid rates and being developed with a focus on driver and passenger safety. Also, the implementation of other safety features has resulted in the reduced number of car accidents as well as fatalities in the last decade. Vehicles of today come with increased computing power, and this has been realized owing to the increasing electronic integrations into the vehicles.

There are various types of wiring harness that goes into a vehicle. Each harness is a perfect match for its purpose and depends upon the vehicle to vehicle and model to model. Individual wiring harness is specific to its model and application and has organized set of connectors, wires, and terminals and runs throughout the body of a vehicle and convey information and electric power. With the advent of the electric vehicle, high voltage >60V wiring harness is coming into play. Along with it, the number of harnesses is also going to increase. Apart from main, auxiliaries, cockpit, ICE, e-motor harness, an electric vehicle would also consist of DC/AC Charging, HV auxiliaries, traction, and 3-phase harness would also play a major role. So it is expected that over the forecast period, the demand is set to increase in parallel to the rise in vehicle production.

Along with this EV is also set to add fuel to the market for wiring harness market over the forecast period. The main harness of a vehicle is independent from the type of vehicle and features available in the vehicle. These are the most basic set of wires needed for a vehicle to run and is indispensable. However, as features in a vehicle increases, the type of harness also tend to increase.

The major companies operating in the market include Sumitomo Electric, Lear Corporation, Delphi Automotive PLC (Aptiv), Yazaki Corporation, Furukawa Electric Co., Fujikura Automotive, Samvardhana Motherson Group, Leoni AG, Mind, and Nexans.

The report segments the global automotive wiring harness market as follows:

Global Automotive Wiring Harness Market – By Vehicle Type

  • Passenger Cars
  • Light Automotive
  • Medium & Heavy Automotive

Global Automotive Wiring Harness Market – By Type

  • Main
  • Auxiliaries
  • Cockpit
  • ICE Harness
  • E-Motor Harness
  • Others

Global Automotive Wiring Harness Market – By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • Russia
    • UK
    • Turkey
    • Rest of Europe
  • Asia Pacific (APAC)
    • South Korea
    • China
    • India
    • Japan
    • Rest of Asia Pacific
  • Middle East and Africa (MEA)
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Argentina
    • Rest of South America (SAM)

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