Market Overview:
The global electrical wiring harnesses market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for electrical wiring harnesses in automotive, aerospace, medical equipment, and industrial equipment applications. Additionally, the growing demand for plastic optical fiber (POF) in electrical wiring harnesses is also contributing to the growth of the market. However, factors such as high installation costs and lack of standardization are restraining the growth of this market. The metallic fiber segment is expected to hold a major share of the global electrical wiring harnesses market during the forecast period owing to its high durability and low signal attenuation properties. The glass optical fiber segment is projected to grow at a higher CAGR than other segments during 2018-2030 due its superior properties such as low signal attenuation and immunity from electromagnetic interference (EMI).
Product Definition:
An electrical wiring harness is a group of cables that are used to connect various components in an electronic system. The importance of electrical wiring harnesses is that they provide a reliable way to connect the different components in an electronic system, and they also help to protect the delicate electronics from damage.
Metallic Fiber:
Metallic fibers are used in electrical wiring harnesses for providing insulation and conductivity. They are also used as a substitute to copper wires owing to their high strength, flexibility, lightweight and ability to withstand high temperatures. Metallic fibers can be categorized into two types: silver-based metallic fibers and gold-based metallic fibers.
Glass Optical Fiber:
Glass optical fiber (GOF) is a flexible transparent fiber made up of highly pure silica that acts as an excellent cable for electrical wiring. It has high flexibility and low weight, which makes it suitable to be used in applications where other cables are too heavy or thick. The glass optical fibers are widely used in the telecommunication industry owing to its properties such as immunity from electromagnetic interference and ability to support high data rates.
Application Insights:
The automotive application segment accounted for the largest market share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for electric vehicles, which require high-quality harnesses with low loss and superior performance over conventional rubber or plastic wiring systems.
Electrical equipment used in aerospace applications includes transmitters, radar sets, navigational computers, communication equipment among others. These products need highly reliable harnesses that are capable of withstanding extreme environments such as high humidity and temperature along with mechanical stress caused due to vibrations and jerks associated during aircraft movement or flight operations without any damage or error occurrence.
Regional Analysis:
The Asia Pacific region accounted for the largest market share in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to increasing demand from emerging economies, such as China and India. In addition, rising investments by key players in expanding their presence in this region are anticipated to drive industry expansion.
China is projected to witness significant growth owing to rapid industrialization along with advancements made by various equipment manufacturers operating within the country. Furthermore, favorable government policies aimed at promoting domestic production activities are likely boost regional product demand over the coming years.
In Europe, public institutions have been encouraging private companies based outside of Europe (EoPE) for investing within European countries (RoW).
Growth Factors:
- Increasing demand for electrical wiring harnesses from the automotive industry as it is used in various applications such as powertrain, chassis, body, and electrical system
- Growing demand for electrical wiring harnesses from the aerospace and defense sector due to increasing aircraft orders
- Rising popularity of electric vehicles which require more number of wiring harnesses as compared to traditional vehicles
- Proliferation of smart homes and buildings that need advanced wiring systems for various appliances and devices
- Technological advancements in the manufacturing process of electrical wiring harnesses that are resulting in improved quality and performance
Scope Of The Report
Report Attributes
Report Details
Report Title
Electrical Wiring Harnesses Market Research Report
By Type
Metallic Fiber, Glass Optical Fiber, Plastic Optical Fiber, Other
By Application
Automotive, Aerospace, Medical Equipment, Industrial Equipment, Other
By Companies
Safran, Latecoere, TE Connectivity, Nexan, InterConnect Wiring, Furukawa Electric, Aptiv PLC, Sumitomo Electric Industries, Yazaki, THB Group, Leoni AG, Fujikura
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Electrical Wiring Harnesses Market Report Segments:
The global Electrical Wiring Harnesses market is segmented on the basis of:
Types
Metallic Fiber, Glass Optical Fiber, Plastic Optical Fiber, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Aerospace, Medical Equipment, Industrial Equipment, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Safran
- Latecoere
- TE Connectivity
- Nexan
- InterConnect Wiring
- Furukawa Electric
- Aptiv PLC
- Sumitomo Electric Industries
- Yazaki
- THB Group
- Leoni AG
- Fujikura
Highlights of The Electrical Wiring Harnesses Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Metallic Fiber
- Glass Optical Fiber
- Plastic Optical Fiber
- Other
- By Application:
- Automotive
- Aerospace
- Medical Equipment
- Industrial Equipment
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electrical Wiring Harnesses Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
An electrical wiring harness is a type of cable assembly that connects the various electrical components in an automobile. Wiring harnesses are made up of a number of individual wires that are bundled together and then covered by a protective sheath. The purpose of a wiring harness is to protect the wires from damage and to provide easy access for maintenance personnel.
Some of the major companies in the electrical wiring harnesses market are Safran, Latecoere, TE Connectivity, Nexan, InterConnect Wiring, Furukawa Electric, Aptiv PLC, Sumitomo Electric Industries, Yazaki, THB Group, Leoni AG, Fujikura.
The electrical wiring harnesses market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Electrical Wiring Harnesses 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. Electrical Wiring Harnesses Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Electrical Wiring Harnesses Market - Supply Chain
4.5. Global Electrical Wiring Harnesses Market Forecast
4.5.1. Electrical Wiring Harnesses Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Electrical Wiring Harnesses Market Size (000 Units) and Y-o-Y Growth
4.5.3. Electrical Wiring Harnesses Market Absolute $ Opportunity
5. Global Electrical Wiring Harnesses Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Electrical Wiring Harnesses Market Size and Volume Forecast by Type
5.3.1. Metallic Fiber
5.3.2. Glass Optical Fiber
5.3.3. Plastic Optical Fiber
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Electrical Wiring Harnesses Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Electrical Wiring Harnesses Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Aerospace
6.3.3. Medical Equipment
6.3.4. Industrial Equipment
6.3.5. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Electrical Wiring Harnesses Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Electrical Wiring Harnesses Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Electrical Wiring Harnesses Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Electrical Wiring Harnesses Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Electrical Wiring Harnesses Demand Share Forecast, 2019-2026
9. North America Electrical Wiring Harnesses 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
9.2. North America Electrical Wiring Harnesses Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Electrical Wiring Harnesses Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Aerospace
9.4.3. Medical Equipment
9.4.4. Industrial Equipment
9.4.5. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Electrical Wiring Harnesses Market Size and Volume Forecast by Type
9.7.1. Metallic Fiber
9.7.2. Glass Optical Fiber
9.7.3. Plastic Optical Fiber
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Electrical Wiring Harnesses Demand Share Forecast, 2019-2026
10. Latin America Electrical Wiring Harnesses 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. Latin America Average Pricing Analysis
10.2. Latin America Electrical Wiring Harnesses Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Electrical Wiring Harnesses Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Aerospace
10.4.3. Medical Equipment
10.4.4. Industrial Equipment
10.4.5. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Electrical Wiring Harnesses Market Size and Volume Forecast by Type
10.7.1. Metallic Fiber
10.7.2. Glass Optical Fiber
10.7.3. Plastic Optical Fiber
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Electrical Wiring Harnesses Demand Share Forecast, 2019-2026
11. Europe Electrical Wiring Harnesses Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Electrical Wiring Harnesses Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Electrical Wiring Harnesses Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Aerospace
11.4.3. Medical Equipment
11.4.4. Industrial Equipment
11.4.5. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Electrical Wiring Harnesses Market Size and Volume Forecast by Type
11.7.1. Metallic Fiber
11.7.2. Glass Optcal Fiber
11.7.3. Plastic Optical Fiber
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Electrical Wiring Harnesses Demand Share, 2019-2026
12. Asia Pacific Electrical Wiring Harnesses Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Electrical Wiring Harnesses Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Electrical Wiring Harnesses Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Aerospace
12.4.3. Medical Equipment
12.4.4. Industrial Equipment
12.4.5. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Electrical Wiring Harnesses Market Size and Volume Forecast by Type
12.7.1. Metallic Fiber
12.7.2. Glass Optical Fiber
12.7.3. Plastic Optical Fiber
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Electrical Wiring Harnesses Demand Share, 2019-2026
13. Middle East & Africa Electrical Wiring Harnesses Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Electrical Wiring Harnesses Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Electrical Wiring Harnesses Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Aerospace
13.4.3. Medical Equipment
13.4.4. Industrial Equipment
13.4.5. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Electrical Wiring Harnesses Market Size and Volume Forecast by Type
13.7.1. Metallic Fiber
13.7.2. Glass Optical Fiber
13.7.3. Plastic Optical Fiber
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Electrical Wiring Harnesses Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Electrical Wiring Harnesses Market: Market Share Analysis
14.2. Electrical Wiring Harnesses Distributors and Customers
14.3. Electrical Wiring Harnesses Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Safran
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Latecoere
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TE Connectivity
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Nexan
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. InterConnect Wiring
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Furukawa Electric
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Aptiv PLC
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Sumitomo Electric Industries
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Yazaki
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. THB Group
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Leoni AG
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Fujikura
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
