Market Overview:
The global automotive wire harnesses market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X%. The market growth can be attributed to the increasing demand for electric vehicles and the growing trend of vehicle electrification. The global automotive wire harnesses market has been segmented on the basis of type, application and region. On the basis of type, the market has been segmented into body wire harness, chassis wire harness, engine wire harness, HVAC wire harness, speed sensors wiring Harness and others. The body wiring Harness is expected to account for a major share in terms of revenue in 2018 owing to its widespread use across all types of passenger vehicles. Chassis wiring Harness are used mainly in commercial vehicles as they provide power supply and ground connections between different electrical systems mounted on or beneath the vehicle chassis frame rails. Engine wiring Harnesses are used mainly in gasoline-powered engines as they provide power supply from battery terminals or ignition switch terminals to various engine components such as fuel injectors spark plugs etc.). HVAC (Heating Ventilation Air Conditioning) Wire Harnesses are used for connecting various heating ventilation air conditioning (HVAC) system components such as blower motors compressors evaporator coils condensers etc.).
Product Definition:
An automotive wire harness is a cable assembly that connects electrical components in a vehicle. The importance of automotive wire harnesses is twofold: first, they provide an efficient way to connect electrical components; second, they protect those components from damage.
Body Wire Harness:
Body wire harnesses are used to provide power, information and connectivity to the electrical systems of a vehicle. The growth factor in this market is increasing demand for safety and security features in vehicles such as anti-theft system, keyless entry & go, stolen car tracking system among others. Moreover growing demand for hybrid electric vehicles which have sophisticated electronic control modules that need body wires for data transfer over the network is further expected to drive market growth during the forecast period 2016 - 2024.
Chassis Wire Harness:
Chassis wire harnesses are used to provide power, information and connectivity to the vehicle. It is a group of wires that are coated in rubber or plastic insulation and bound together with clips or screws. The chassis wire harness consists of positive battery cable, engine control module (ECM) connector, negative battery cable/fuse box connector, fuel pump relay., coolant temperature sensor signal/accessory power port., speed sensor signal/ignition switch port.
Application Insights:
The passenger vehicle segment held the largest share of over 70.0% in 2017. The increasing sales of passenger vehicles, especially in developing countries such as India and China is expected to remain a key factor for market growth over the forecast period. In addition, stringent government regulations regarding airbags and safety devices are anticipated to increase wire harness production for automotive applications across the globe during the forecast period.
Commercial vehicle application is projected to witness significant growth at a CAGR of XX% from 2018 to 2030 owing to rising demand for trucks, buses and other commercial vehicles across various regions including North America and Europe. Furthermore, growing emphasis on improving road safety by reducing heavy vehicular traffic is further anticipated to propel product demand globally over the coming years (see ¢â‚¬Å“Truck Safety Program¢â‚¬).
Regional Analysis:
Asia Pacific accounted for the largest revenue share in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing increasing demand for automobiles on account of rising disposable income, changing lifestyle, and rapid urbanization. Moreover, supportive government policies aimed at promoting automotive sales are anticipated to drive the market growth in APAC.
The growing population coupled with rapid urbanization has led to an increase in travel activities across Asia Pacific countries such as India, China, Japan etc., which is projected to fuel upmarket automobile sales over the next eight years.
China was estimated as having a volume-based CAGR of XX% from 2018 to 2030 owing to high demand from OEMs and WLANs that have been experiencing strong economic growth since 2010’s (recovery year).
Growth Factors:
- Increasing demand for electric vehicles: The global automotive wire harness market is expected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand for electric vehicles (EVs). The growth of the market can be attributed to the rising concerns over environmental pollution and the need for fuel-efficient vehicles.
- Rising demand from Asia Pacific: Asia Pacific is expected to be the fastest-growing region in terms of revenue during the forecast period. This can be attributed to factors such as rapid industrialization, growing population, and rising disposable income in countries such as China and India.
- Technological advancements: Automotive wire harnesses are witnessing technological advancements with respect to miniaturization, weight reduction, and electrical performance requirements due to increased electrification in automobiles. This is resulting in higher adoption rates among OEMs worldwide
Scope Of The Report
Report Attributes
Report Details
Report Title
Automotive Wire Harnesses Market Research Report
By Type
Body Wire Harness, Chassis Wire Harness, Engine Wire Harness, HVAC Wire Harness, Speed Sensors Wire Harness, Others
By Application
Passenger Vehicle, Commercial Vehicle
By Companies
Yazaki Corporation, Sumitomo, Delphi, Leoni, Lear, Yura, Fujikura, Furukawa Electric, PKC, Nexans Autoelectric, Yazaki Corporation, Kromberg&Schubert, THB, Coroplast, Coficab
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
130
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Automotive Wire Harnesses Market Report Segments:
The global Automotive Wire Harnesses market is segmented on the basis of:
Types
Body Wire Harness, Chassis Wire Harness, Engine Wire Harness, HVAC Wire Harness, Speed Sensors Wire Harness, Others
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
Passenger Vehicle, Commercial Vehicle
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:
- Yazaki Corporation
- Sumitomo
- Delphi
- Leoni
- Lear
- Yura
- Fujikura
- Furukawa Electric
- PKC
- Nexans Autoelectric
- Yazaki Corporation
- Kromberg&Schubert
- THB
- Coroplast
- Coficab
Highlights of The Automotive Wire 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:
- Body Wire Harness
- Chassis Wire Harness
- Engine Wire Harness
- HVAC Wire Harness
- Speed Sensors Wire Harness
- Others
- By Application:
- Passenger Vehicle
- Commercial Vehicle
- 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 Automotive Wire 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
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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?
Automotive wire harnesses are a type of electrical wiring system used in automobiles and other vehicles. They consist of a number of wires that are routed throughout the vehicle, usually beneath the car's bodywork. The wires carry power and signal from the engine to various parts of the car, including lights, gauges, and other accessories. Automotive wire harnesses can be complex assemblies with many different components, but they all share a common design principle: each wire is connected to only one other wire at any given point in order to minimize interference between them. This makes automotive wiring systems very reliable and resistant to damage from collisions or sudden stops/starts.
Some of the major players in the automotive wire harnesses market are Yazaki Corporation, Sumitomo, Delphi, Leoni, Lear, Yura, Fujikura, Furukawa Electric, PKC, Nexans Autoelectric, Yazaki Corporation, Kromberg&Schubert, THB, Coroplast, Coficab.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Automotive Wire Harnesses Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Automotive Wire Harnesses Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Automotive Wire Harnesses Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Automotive Wire Harnesses Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Automotive Wire Harnesses Market Size & Forecast, 2018-2028
4.5.1 Automotive Wire Harnesses Market Size and Y-o-Y Growth
4.5.2 Automotive Wire Harnesses Market Absolute $ Opportunity
Chapter 5 Global Automotive Wire Harnesses Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Automotive Wire Harnesses Market Size Forecast by Type
5.2.1 Body Wire Harness
5.2.2 Chassis Wire Harness
5.2.3 Engine Wire Harness
5.2.4 HVAC Wire Harness
5.2.5 Speed Sensors Wire Harness
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Automotive Wire Harnesses Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Automotive Wire Harnesses Market Size Forecast by Applications
6.2.1 Passenger Vehicle
6.2.2 Commercial Vehicle
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Automotive Wire Harnesses Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Automotive Wire Harnesses Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Automotive Wire Harnesses Analysis and Forecast
9.1 Introduction
9.2 North America Automotive Wire Harnesses Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Automotive Wire Harnesses Market Size Forecast by Type
9.6.1 Body Wire Harness
9.6.2 Chassis Wire Harness
9.6.3 Engine Wire Harness
9.6.4 HVAC Wire Harness
9.6.5 Speed Sensors Wire Harness
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Automotive Wire Harnesses Market Size Forecast by Applications
9.10.1 Passenger Vehicle
9.10.2 Commercial Vehicle
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Automotive Wire Harnesses Analysis and Forecast
10.1 Introduction
10.2 Europe Automotive Wire Harnesses Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Automotive Wire Harnesses Market Size Forecast by Type
10.6.1 Body Wire Harness
10.6.2 Chassis Wire Harness
10.6.3 Engine Wire Harness
10.6.4 HVAC Wire Harness
10.6.5 Speed Sensors Wire Harness
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Automotive Wire Harnesses Market Size Forecast by Applications
10.10.1 Passenger Vehicle
10.10.2 Commercial Vehicle
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Automotive Wire Harnesses Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Automotive Wire Harnesses Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Automotive Wire Harnesses Market Size Forecast by Type
11.6.1 Body Wire Harness
11.6.2 Chassis Wire Harness
11.6.3 Engine Wire Harness
11.6.4 HVAC Wire Harness
11.6.5 Speed Sensors Wire Harness
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Automotive Wire Harnesses Market Size Forecast by Applications
11.10.1 Passenger Vehicle
11.10.2 Commercial Vehicle
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Automotive Wire Harnesses Analysis and Forecast
12.1 Introduction
12.2 Latin America Automotive Wire Harnesses Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Automotive Wire Harnesses Market Size Forecast by Type
12.6.1 Body Wire Harness
12.6.2 Chassis Wire Harness
12.6.3 Engine Wire Harness
12.6.4 HVAC Wire Harness
12.6.5 Speed Sensors Wire Harness
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Automotive Wire Harnesses Market Size Forecast by Applications
12.10.1 Passenger Vehicle
12.10.2 Commercial Vehicle
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Automotive Wire Harnesses Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Automotive Wire Harnesses Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Automotive Wire Harnesses Market Size Forecast by Type
13.6.1 Body Wire Harness
13.6.2 Chassis Wire Harness
13.6.3 Engine Wire Harness
13.6.4 HVAC Wire Harness
13.6.5 Speed Sensors Wire Harness
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Automotive Wire Harnesses Market Size Forecast by Applications
13.10.1 Passenger Vehicle
13.10.2 Commercial Vehicle
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Automotive Wire Harnesses Market: Competitive Dashboard
14.2 Global Automotive Wire Harnesses Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Yazaki Corporation
14.3.2 Sumitomo
14.3.3 Delphi
14.3.4 Leoni
14.3.5 Lear
14.3.6 Yura
14.3.7 Fujikura
14.3.8 Furukawa Electric
14.3.9 PKC
14.3.10 Nexans Autoelectric
14.3.11 Yazaki Corporation
14.3.12 Kromberg&Schubert
14.3.13 THB
14.3.14 Coroplast
14.3.15 Coficab
