Automotive Wiring Harness Market 2018

by material type (Copper, Aluminium and Others) by Application (Engine, HVAC, Body, Chassis, Sensors and Others), and by Regions - Global Forecast To 2023

Market Scenario:
The global automotive wiring harness market has seen a potential growth over the last decade and as per MRFR analysis, this market is expected to grow at a rapid pace during the forecast period. Automotive wiring harness can be explained as wires or cables which helps in transmitting signal or electrical power in automobiles. This wiring harness works in an entire vehicle through electric power to connect various components. The growing automotive industry coupled with increasing demand of passenger vehicles have augmented the growth of global automotive wiring harness market. Moreover, the technological advancements, rising consumer preference towards high end passenger car have gained a momentum in the global market. Furthermore, the wiring harness has also helped in reducing fuel consumption of vehicles. Focus of automotive safety, increasing demand for hybrid cars and major developments among existing players are the major ongoing trends in the global market.

The global automotive wiring harness market is expected to reach USD 98.4 billion by 2023 with a CAGR of 5.6%.

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Key Players
The key players of global automotive wiring harness markets includes Delphi Corporation, Yazaki Corporation, Leoni Group, Sumito Electric Industries, Furukawa Electric, Fujikura Ltd, PKC Group, SPARK MINDA, THB Group, Yura Corporation and among others.

Study Objectives of Global Automotive Wiring Harness market

To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global automotive wiring harness market

To provide insights about factors affecting the market growth
To analyze the global automotive wiring harness market based on various tools such as supply chain analysis, and porter’s five force analysis
To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries
To provide country level analysis of the market with respect to the current market size and future prospective
To provide country level analysis of the market for segments by vehicle type, material type, application and region
To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market
To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the automotive wiring harness market
Market Segmentation

The global automotive wiring harness market has been segmented into:

By Vehicle Type

Passenger Car
Light Motor Vehicles
Heavy Motor Vehicle
Others
By Material Type

Copper
Aluminium
Others
By Application

Engine
HVAC
Body
Chassis
Sensors
Others
Regional Analysis
Automotive Wiring Harness Market
The Asia-Pacific region is expected to grow the largest during the forecasted period because of the booming automobile market in the region. The increasing buying power especially in countries such as China and India is driving the market for the wiring harness. Also there is increasing two wheeler sales in the region, however, becomes a major opportunity for market growth. In North America and Europe region the market is responsive to the huge after sales demand in the region.

The report for Global Automotive Wiring Harness Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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