Automotive Wiring Harness Market


Posted July 30, 2023 by nirankammr

Automotive Wiring Harness Market size was valued at USD 49.46 Bn. in 2022 and the total revenue is expected to grow at 4.8% of CAGR through 2023 to 2029, reaching nearly USD 68.68 Bn.
 
Automotive Wiring Harness Market Overview:

For the global industry's Automotive Wiring Harness Market analysis, a research team did thorough primary and secondary research. Secondary research was carried out in order to enhance the existing data, segment the market, estimate overall market size, and predict the market size, and growth rate.

The worldwide Automotive Wiring Harness market's growth reasons, as well as the market's many users, are discussed. Data is provided by market participants, regions, and specific requirements. This market-ready study proposal includes a comprehensive overview of all the significant improvements that are presently prevailing in all market segments. Key data analysis should be presented in the form of statistics, infographics, and presentations.

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Automotive Wiring Harness Market Scope:

To validate the market size and estimate the market size by different segments, top-down and bottom-up methodologies are utilized. The report's market estimates are based on the sale price (excluding any discounts provided by the manufacturer, distributor, wholesaler, or traders). The percentage splits, market shares, and segment breakdowns are calculated using weights allocated to each segment based on their utilization rate and average sale price. The percentage adoption or usage of the given market Size in the corresponding area or nation is used to calculate the country-wise splits of the overall market and its sub-segments.

Automotive Wiring Harness Market Dynamics :

The need for driver assistance technologies (ACC, BSD, AFL, and LKA) that incorporate cutting-edge features in automobiles has expanded as people's understanding of how important safety and security are continues to develop. Additionally, automakers are required to follow safety laws and incorporate features like airbags. According to the Bharat New Vehicle Safety Assessment Programme (BNVSAP), passive safety elements are required. In India, for instance, all new vehicles beginning in April 2021 and all existing models beginning in September 2021 must come equipped with driver-side and front passenger-side airbags.

According to the NHTSA (National Highway Traffic Safety Association), automatic emergency braking systems will be required in all cars in the United States by 2022. the use of security and multimedia systems.


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Segmentation:

Automotive Wiring Harness Market by Component

1. Electric wire
2. Connector
3. Terminals
4. Other

Automotive Wiring Harness Market by Application

1. Body
2. Engine
3. Chassis
4. HVAC
5. Sensors

Automotive Wiring Harness Market by Vehicle type

1. Passenger car
2. Commercial vehicles

Automotive Wiring Harness Market by Material type

1. Metallic
2. Optical fiber

Automotive Wiring Harness Market by Transmission type

1. Electrical wiring
2. Data transmission

Key Players: The key players are

1. Aptiv PLC (US)
2. Delphi Automotive LLP (US)
3. The Harness Connection (US)
4. Lear Corporation (US)
5. QINGDAO SANYUAN GROUP (US)
6. Fujikura Ltd (Japan)
7. Furukawa Electric Co. Ltd. (Japan)
8. Sumitomo Electric Industries, Ltd. (Japan)
9. THB Group (UK)
10. Nexans (France)
11. Yura Corporation (Korea)
12. Leoni Ag (Germany)
13. PKC Group (Finland)
14. Minda Spark (India)
15. Devise Electronics Pvt. Ltd. (India)
16. EMDEP TestBoards (India)
17. Samvardhana Motherson Group (India)
18. AutoelectricYazaki Corporation (India)

Regional Analysis:

A country-level study of the Automotive Wiring Harness Market focuses on segments identified as potentially high-growth, countries with the biggest market share, and nations with the greatest development potential. North America (USA, Canada), South America, Asia Pacific (China, Japan, India, Korea), Europe (Germany, UK, France, Italy), and Other nations are the geographical breakdowns in the Automotive Wiring Harness Market study.

COVID-19 Impact Analysis on Automotive Wiring Harness Market: The report covers COVID-19 impact on Automotive Wiring Harness market.

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Key Questions Answered in the Automotive Wiring Harness Market Report are:

What will be the CAGR of the Automotive Wiring Harness market during the forecast period?
Which segment emerged as the leading segment in the Automotive Wiring Harness market?
Which are the prominent players in the Automotive Wiring Harness market?
What will be the Automotive Wiring Harness market size by 2027?
Which company held the largest share in the Automotive Wiring Harness market?

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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags automotive wiring harness market size , automotive wiring harness market share , automotive wiring harness market analysis
Last Updated July 30, 2023