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Automotive Wiring Harness Market Size, Share & Growth [2030]
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Automotive Wiring Harness Market Size, Share & Growth [2030]

Segments - Global Automotive Wiring Harness Market by Application Types (Chassis Wiring Harness, Engine Wiring Harness, Body Wiring Harness, HVAC Wiring Harness, and Sensor Wiring Harness), Vehicle Types (Commercial Vehicles, Two Wheelers, and Passenger Cars), Wire Types (Copper and Aluminum), and Regions (Asia Pacific, North America, Europe, Latin America, and Middle East & Africa) Forecasts, 2021-2028

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Author : Akash Vedpathak
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Fact-checked by : V. Chandola
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Editor : Shruti Bhat

Upcoming | Report ID :AL-4385 | 4.4 Rating | 82 Reviews | 187 Pages | Format : PDF Excel PPT

Report Description


The global automotive wiring harness market is projected to expand at a robust CAGR during the forecast period, between 2021 and 2028. Automatic wiring harness refers to a bundle of wires installed in an automotive vehicle that deals with the transmission of power, information, input, and output to a single system.

The wiring harness system helps in the smooth and efficient functioning of the vehicle and also sends and receives signals for the operation of the automobile. The complete electrical wiring system is compiled under the automotive wiring harness, which is assembled once the chassis structure is put together. The wires are made of an insulated conducting wiring system, which are looped in with insulating materials.

Global Automotive Wiring Harness Market summary

  • Increasing demand for autonomous vehicles and car safety and the global preference for individual transport can drive the market.
  • Technological developments in the automobile industry and the implementation of advanced features in vehicles is projected to boost the market in the coming years.
  • The deployment of automotive wiring harness helps in secure and reliable connections has increased demand for wiring harness across the globe.
  • High costs involved in the replacement of wiring systems can restrain the market growth.
  • Automotive wiring harness systems reduce emissions and improve fuel efficiency, thus awareness of the same can surge the market growth.
  • The recent trends involving purchase of electric vehicles has subsequently increased the demand for automotive wiring harness systems, which is projected to provide the lucrative opportunities in the market.

Scope of the Report

The report on the global automotive wiring harness market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Automotive Wiring Harness Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2020

Historic Data

2018 & 2019

Forecast Period

2021–2028

Segmentation

Application Types (Chassis Wiring Harness, Engine Wiring Harness, Body Wiring Harness, HVAC Wiring Harness, and Sensor Wiring Harness), Vehicle Types (Commercial Vehicles, Two Wheelers, and Passenger Cars), Wire Types (Copper and Aluminum)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market Scope, Analysis, Share, Competitive Analysis, Growth Facts, Restraints, Opportunities, and Revenue Forecast

Key Players Covered in the Report

Yazaki Corporation, Lear Corporation, Sumitomo Electric Industries Ltd., Autoelectric, Furukawa Electric Co. Ltd, Delphi Automotive LLP, Samvardhana Motherson Group, THB Group, and Nexans and Yura Corporation.

Global Automotive Wiring Harness Market Segment Insights

Chassis wiring harness segment to expand at a significant pace

On the basis of application types, the market can be segmented into chassis wiring harness, engine wiring harness, body wiring harness, HVAC wiring harness, and sensor wiring harness. The chassis wiring harness segment held a substantial share of the market in 2020 and is projected to retain its dominant position during the forecast period. Chassis wiring system involves wiring inside the chassis situated within an electronic device that aids in power transmission. The chassis wiring harness is used in automotive vehicles due to fuel efficiency and overall smooth operations within the vehicle.

Global Automotive Wiring Harness Market application types

Increasing sales of passenger cars drive the market growth

Based on vehicle types, the market can be categorized as commercial vehicles, passenger cars, and two wheelers. The passenger cars segment is expected to exhibit a substantial market expansion during the projected period owing to increasing sales of passenger vehicles, which increases the demand for automotive wiring harness installed in vehicles. The focus of manufacturers on developing technologically advanced wiring systems to reduce emissions and ensure fuel efficiency is also driving the growth of the segment. The rising demand for electric vehicles due to awareness about environment sustainability has also propelled the demand for automotive wiring harness in the market.

High application and reduction in overall weight targets drive the aluminium segment

In terms of wire types, the market can be bifurcated into copper and aluminum. The aluminum segment accounted for a significant market share in 2020 due to the high application of aluminum for vehicle electrification in the automotive industry. Additionally, aluminum wires support overall weight reduction targets and reduce fuel emissions, which further shifts the manufacturers’ preference toward the market segment. Increasing use of hybrid and electric vehicles is also responsible for driving the growth of the market segment.

Asia Pacific to expand at a robust CAGR during the forecast period

On the basis of regions, the global automotive wiring harness market can be classified as North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Asia Pacific accounted for a significant market share in 2020 owing to the presence of key players in the region. The developments in the automotive industry in the region has resulted in the integration of highly advanced automotive wiring harness systems. The adoption of electric vehicles among consumers has further accelerated the growth of the market. The manufacturers are using copper and aluminum wires to ensure the adoption of lightweight materials for the manufacturing of vehicles.

Global Automotive Wiring Harness Market regions

Segments

By Application Types

  • Chassis Wiring Harness
  • Engine Wiring Harness
  • Body Wiring Harness
  • HVAC Wiring Harness
  • Sensor Wiring Harness

By Vehicle Types

  • Commercial Vehicles
  • Two Wheelers
  • Passenger Cars

By Wire Types

  • Copper
  • Aluminum

By Regions

  • North America
  • Europe
  • Latin America
  • Asia Pacific
  • Middle East & Africa

By Key Players

  • Yazaki Corporation
  • Lear Corporation
  • Sumitomo Electric Industries Ltd.
  • Autoelectric
  • Furukawa Electric Co. Ltd
  • Delphi Automotive LLP
  • Samvardhana Motherson Group
  • THB Group
  • Nexans
  • Yura Corporation

Competitive Landscape

Key players in the global automotive wiring harness market include Yazaki Corporation, Lear Corporation, Sumitomo Electric Industries Ltd., Autoelectric, Furukawa Electric Co. Ltd, Delphi Automotive LLP, Samvardhana Motherson Group, THB Group, and Nexans and Yura Corporation. These players are widely engaged in various business development strategies including mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence and expand their consumer base globally.

Global Automotive Wiring Harness Market keyplayers

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Automotive Wiring Harness Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Automotive Wiring Harness Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Automotive Wiring Harness Market - Supply Chain
  4.5. Global Automotive Wiring Harness Market Forecast
     4.5.1. Automotive Wiring Harness Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Automotive Wiring Harness Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Automotive Wiring Harness Market Absolute $ Opportunity
5. Global Automotive Wiring Harness Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Automotive Wiring Harness Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Automotive Wiring Harness Demand Share Forecast, 2019-2026
6. North America Automotive Wiring Harness Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Automotive Wiring Harness Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Automotive Wiring Harness Demand Share Forecast, 2019-2026
7. Latin America Automotive Wiring Harness Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Automotive Wiring Harness Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Automotive Wiring Harness Demand Share Forecast, 2019-2026
8. Europe Automotive Wiring Harness Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Automotive Wiring Harness Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Automotive Wiring Harness Demand Share Forecast, 2019-2026
9. Asia Pacific Automotive Wiring Harness Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Automotive Wiring Harness Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Automotive Wiring Harness Demand Share Forecast, 2019-2026
10. Middle East & Africa Automotive Wiring Harness Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Automotive Wiring Harness Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Automotive Wiring Harness Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Automotive Wiring Harness Market: Market Share Analysis
  11.2. Automotive Wiring Harness Distributors and Customers
  11.3. Automotive Wiring Harness Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Yazaki Corporation
     11.4.2. Lear Corporation
     11.4.3. Sumitomo Electric Industries Ltd.
     11.4.4. Autoelectric
     11.4.5. Furukawa Electric Co. Ltd
     11.4.6. Delphi Automotive LLP
     11.4.7. Samvardhana Motherson Group

Methodology

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