Market Overview:
The global high voltage railway wiring harness market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high voltage railway wiring harnesses from the OEM and aftermarket segments. Additionally, the growing adoption of advanced technologies in railways is also propelling the growth of this market. However, volatility in raw material prices may restrain the growth of this market to some extent during the forecast period. Based on type, power cables are expected to account for a major share of this market during the forecast period owing to their widespread use in various applications across different industries. Transmission cables are also anticipated to witness significant demand due their ability to transmit large amounts of power without any losses over long distances.
Product Definition:
A high voltage railway wiring harness is a device that is used to transmit power from a power source to electric trains. The high voltage railway wiring harness ensures that the trains receive the correct amount of power in order to run smoothly.
Power Cable:
Power cable is used in high voltage railway wiring harness to supply power from the source to the load. It plays a vital role in providing electricity for various systems and components installed at a construction site or any other location. The growth factor of power cable is determined by its usage, type, and application.
Transmission Cable:
Transmission cable is used in high voltage railway wiring harness to transmit the electricity from one end to another. It plays a very important role in the entire power transmission and distribution system. The basic function of this cable is to carry electric current from one point A to another point B without any loss of energy along the way. In other words, it’s an electrical conductor that allows electric signals or power to flow between two points efficiently and effectively.
Application Insights:
OEM application dominated the global market in 2017 and is expected to witness significant growth over the forecast period. The harnesses supplied by OEMs are tested and approved according to safety standards prescribed by regional governments. These harnesses have been designed in such a way that they can withstand high voltage without getting damaged or burnt out. As a result, these products are considered as an ideal solution for railway electrification projects worldwide.
The aftermarket segment is also expected to grow at a considerable rate over the forecast period owing to rising demand from end-users of electrical equipment on account of improved product quality, reliability.
Regional Analysis:
Europe dominated the global market in 2017, accounting for a share of over 30.0%. This is attributed to the presence of high voltage power lines and other infrastructure coupled with stringent safety norms pertaining to high voltage power lines. The U.K., Germany, France, Italy are some of the countries having well-developed railway infrastructure which has led to increased demand for wiring harnesses in these regions.
Growth Factors:
- Increasing demand for high voltage railway wiring harness from the transportation sector
- Growing urbanization and industrialization in developing countries
- Rising adoption of electric vehicles worldwide
- Proliferation of smart grids and renewable energy sources
- Technological advancements in railway wiring harnesses
Scope Of The Report
Report Attributes
Report Details
Report Title
High Voltage Railway Wiring Harness Market Research Report
By Type
Power Cable, Transmission Cable, Jumper Cable, Others
By Application
OEM, Aftermarket
By Companies
Hitachi, Prysmian, TE Connectivity, Leoni, Nexans
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
231
Number of Tables & Figures
162
Customization Available
Yes, the report can be customized as per your need.
Global High Voltage Railway Wiring Harness Market Report Segments:
The global High Voltage Railway Wiring Harness market is segmented on the basis of:
Types
Power Cable, Transmission Cable, Jumper Cable, 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
OEM, Aftermarket
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:
- Hitachi
- Prysmian
- TE Connectivity
- Leoni
- Nexans
Highlights of The High Voltage Railway Wiring Harness 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:
- Power Cable
- Transmission Cable
- Jumper Cable
- Others
- By Application:
- OEM
- Aftermarket
- 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 High Voltage Railway Wiring Harness 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?
High voltage railway wiring harnesses are used to connect the various electrical components of a high voltage railway system. These harnesses typically have a higher voltage than standard household wiring, and must be designed to withstand the extreme conditions that can occur on railways.
Some of the major companies in the high voltage railway wiring harness market are Hitachi, Prysmian, TE Connectivity, Leoni, Nexans.
The high voltage railway wiring harness market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Size & Forecast, 2018-2028
4.5.1 High Voltage Railway Wiring Harness Market Size and Y-o-Y Growth
4.5.2 High Voltage Railway Wiring Harness Market Absolute $ Opportunity
Chapter 5 Global High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Size Forecast by Type
5.2.1 Power Cable
5.2.2 Transmission Cable
5.2.3 Jumper Cable
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Size Forecast by Applications
6.2.1 OEM
6.2.2 Aftermarket
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Analysis and Forecast
9.1 Introduction
9.2 North America High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Size Forecast by Type
9.6.1 Power Cable
9.6.2 Transmission Cable
9.6.3 Jumper Cable
9.6.4 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 High Voltage Railway Wiring Harness Market Size Forecast by Applications
9.10.1 OEM
9.10.2 Aftermarket
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 High Voltage Railway Wiring Harness Analysis and Forecast
10.1 Introduction
10.2 Europe High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Size Forecast by Type
10.6.1 Power Cable
10.6.2 Transmission Cable
10.6.3 Jumper Cable
10.6.4 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 High Voltage Railway Wiring Harness Market Size Forecast by Applications
10.10.1 OEM
10.10.2 Aftermarket
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 High Voltage Railway Wiring Harness Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Size Forecast by Type
11.6.1 Power Cable
11.6.2 Transmission Cable
11.6.3 Jumper Cable
11.6.4 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 High Voltage Railway Wiring Harness Market Size Forecast by Applications
11.10.1 OEM
11.10.2 Aftermarket
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 High Voltage Railway Wiring Harness Analysis and Forecast
12.1 Introduction
12.2 Latin America High Voltage Railway Wiring Harness 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 High Voltage Railway Wiring Harness Market Size Forecast by Type
12.6.1 Power Cable
12.6.2 Transmission Cable
12.6.3 Jumper Cable
12.6.4 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 High Voltage Railway Wiring Harness Market Size Forecast by Applications
12.10.1 OEM
12.10.2 Aftermarket
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) High Voltage Railway Wiring Harness Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) High Voltage Railway Wiring Harness 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) High Voltage Railway Wiring Harness Market Size Forecast by Type
13.6.1 Power Cable
13.6.2 Transmission Cable
13.6.3 Jumper Cable
13.6.4 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) High Voltage Railway Wiring Harness Market Size Forecast by Applications
13.10.1 OEM
13.10.2 Aftermarket
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 High Voltage Railway Wiring Harness Market: Competitive Dashboard
14.2 Global High Voltage Railway Wiring Harness Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hitachi
14.3.2 Prysmian
14.3.3 TE Connectivity
14.3.4 Leoni
14.3.5 Nexans
