Market Overview:
The global wiring loom 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 automobiles and aerospace products, and rising industrialization in developing countries. PVC is the most commonly used material in wiring looms, owing to its low cost and easy availability. However, PE is expected to grow at a higher rate during the forecast period as it offers better insulation properties than PVC. Asia Pacific is expected to be the fastest-growing region during the forecast period, followed by Europe and North America.
Product Definition:
A wiring loom is a collection of wires, cables and connectors that are bundled together to make it easier to install electrical equipment. The importance of wiring looms is that they make it easy for electricians to install new equipment, as all the necessary cables and connectors are already in place.
PVC:
Polyvinyl Chloride, commonly known as PVC is a synthetic flexible plastic with excellent chemical and mechanical properties. It can be easily processed, molded & extruded and has the ability to withstand high temperatures. The most important factor that makes PVC suitable for wiring loom applications is its low melting point (around 120°C), which allows easy installation of wires in the desired pattern without hampering the insulation quality.
PE:
Polyethylene is a thermoplastic polymer, which is widely used in the manufacturing of various products such as wire loom, cable insulation, and plastic bags. It offers several properties such as high strength and heat resistance.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. The global demand for wiring loom is expected to witness growth owing to its extensive use in the manufacturing of automobile interior and exterior components, such as headlamps, instrument panels, door panels and seat belts. Furthermore, increasing production of electric vehicles is likely to propel product demand over the forecast period.
Aerospace was another prominent segment accounting for a significant revenue share in 2017 owing to high product usage in aircraft interiors including seats, walls and ceilings along with their associated equipment such as oxygen systems and lighting systems among others.
Regional Analysis:
Asia Pacific was the largest market in 2016 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. Growing industrialization coupled with increasing foreign investments in these countries has resulted in growing demand for global wiring loom industry. For instance, In April 2017; HEG Limited of Taiwan signed an agreement with BHEL of India for providing power electronics solutions under the brand name Hegostar Solutions’ on behalf of HEG Power Systems Co., Ltd., Taipei.
The Asia Pacific region accounted for a revenue share of over 35% in 2016 owing to high product demand from various end-use industries such as automotive and aerospace & defense among others which are based primarily in China and Japan respectively.
Growth Factors:
- Increasing demand for electric vehicles
- Growing automotive industry
- Rising demand from the construction sector
- Increasing demand from the electrical and electronics sector
- Growing trend of miniaturization
Scope Of The Report
Report Attributes
Report Details
Report Title
Wiring Loom Market Research Report
By Type
PVC, PE, Rubber, Other
By Application
Automotive, Aerospace, Medical Equipment, Industrial Equipment, Other
By Companies
Sumitomo Electric Group, AME Systems, Tecate Group, Yazaki Group, Electro-Prep, Ground Straps, 3M, Precision Mfg. Co., Furukawa Electric Co., Ltd., Same Jia Co., Ltd, Nexans autoelectric Group, Amphenol, DSM&T Company, SADECA, Cable Harnesses UK, Latecoere, 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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Wiring Loom Market Report Segments:
The global Wiring Loom market is segmented on the basis of:
Types
PVC, PE, Rubber, 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:
- Sumitomo Electric Group
- AME Systems
- Tecate Group
- Yazaki Group
- Electro-Prep
- Ground Straps
- 3M
- Precision Mfg. Co.
- Furukawa Electric Co., Ltd.
- Same Jia Co., Ltd
- Nexans autoelectric Group
- Amphenol
- DSM&T Company
- SADECA
- Cable Harnesses UK
- Latecoere
- THB Group
- Leoni AG
- Fujikura
Highlights of The Wiring Loom 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:
- PVC
- PE
- Rubber
- 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 Wiring Loom 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?
A wiring loom is a type of electrical tool used to make and test electrical circuits. It consists of a number of interconnected wires that are threaded through holes in a metal frame. The wires can be manipulated by hand or with an electric motor, allowing the user to create simple or complex circuits.
Some of the key players operating in the wiring loom market are Sumitomo Electric Group, AME Systems, Tecate Group, Yazaki Group, Electro-Prep, Ground Straps, 3M, Precision Mfg. Co., Furukawa Electric Co., Ltd., Same Jia Co., Ltd, Nexans autoelectric Group, Amphenol, DSM&T Company, SADECA, Cable Harnesses UK, Latecoere, THB Group, Leoni AG, Fujikura.
The wiring loom market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wiring Loom 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 Wiring Loom Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wiring Loom 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 Wiring Loom 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 Wiring Loom Market Size & Forecast, 2018-2028
4.5.1 Wiring Loom Market Size and Y-o-Y Growth
4.5.2 Wiring Loom Market Absolute $ Opportunity
Chapter 5 Global Wiring Loom 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 Wiring Loom Market Size Forecast by Type
5.2.1 PVC
5.2.2 PE
5.2.3 Rubber
5.2.4 Other
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wiring Loom 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 Wiring Loom Market Size Forecast by Applications
6.2.1 Automotive
6.2.2 Aerospace
6.2.3 Medical Equipment
6.2.4 Industrial Equipment
6.2.5 Other
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wiring Loom 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 Wiring Loom 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 Wiring Loom Analysis and Forecast
9.1 Introduction
9.2 North America Wiring Loom 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 Wiring Loom Market Size Forecast by Type
9.6.1 PVC
9.6.2 PE
9.6.3 Rubber
9.6.4 Other
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 Wiring Loom Market Size Forecast by Applications
9.10.1 Automotive
9.10.2 Aerospace
9.10.3 Medical Equipment
9.10.4 Industrial Equipment
9.10.5 Other
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 Wiring Loom Analysis and Forecast
10.1 Introduction
10.2 Europe Wiring Loom 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 Wiring Loom Market Size Forecast by Type
10.6.1 PVC
10.6.2 PE
10.6.3 Rubber
10.6.4 Other
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 Wiring Loom Market Size Forecast by Applications
10.10.1 Automotive
10.10.2 Aerospace
10.10.3 Medical Equipment
10.10.4 Industrial Equipment
10.10.5 Other
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 Wiring Loom Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wiring Loom 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 Wiring Loom Market Size Forecast by Type
11.6.1 PVC
11.6.2 PE
11.6.3 Rubber
11.6.4 Other
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 Wiring Loom Market Size Forecast by Applications
11.10.1 Automotive
11.10.2 Aerospace
11.10.3 Medical Equipment
11.10.4 Industrial Equipment
11.10.5 Other
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 Wiring Loom Analysis and Forecast
12.1 Introduction
12.2 Latin America Wiring Loom 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 Wiring Loom Market Size Forecast by Type
12.6.1 PVC
12.6.2 PE
12.6.3 Rubber
12.6.4 Other
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 Wiring Loom Market Size Forecast by Applications
12.10.1 Automotive
12.10.2 Aerospace
12.10.3 Medical Equipment
12.10.4 Industrial Equipment
12.10.5 Other
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) Wiring Loom Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wiring Loom 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) Wiring Loom Market Size Forecast by Type
13.6.1 PVC
13.6.2 PE
13.6.3 Rubber
13.6.4 Other
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) Wiring Loom Market Size Forecast by Applications
13.10.1 Automotive
13.10.2 Aerospace
13.10.3 Medical Equipment
13.10.4 Industrial Equipment
13.10.5 Other
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 Wiring Loom Market: Competitive Dashboard
14.2 Global Wiring Loom Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Sumitomo Electric Group
14.3.2 AME Systems
14.3.3 Tecate Group
14.3.4 Yazaki Group
14.3.5 Electro-Prep
14.3.6 Ground Straps
14.3.7 3M
14.3.8 Precision Mfg. Co.
14.3.9 Furukawa Electric Co., Ltd.
14.3.10 Same Jia Co., Ltd
14.3.11 Nexans autoelectric Group
14.3.12 Amphenol
14.3.13 DSM&T Company
14.3.14 SADECA
14.3.15 Cable Harnesses UK
14.3.16 Latecoere
14.3.17 THB Group
14.3.18 Leoni AG
14.3.19 Fujikura
