The global wire harness market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The automotive industry is one of the major end-users for wire harnesses and accounted for over 50% of the total revenue in 2017. The automotive industry has been witnessing a significant growth in demand for wire harnesses due to increasing vehicle production and sales globally. In addition, the agriculture machinery segment is also expected to witness significant growth in demand for wire harnesses due to increasing agricultural activities across various regions globally.
The global light vehicles segment accounted for over 50% of the total revenue share in 2017 and is expected to continue its dominance throughout the forecast period owing to increased adoption of electric vehicles (EVs) across various regions globally. The heavy vehicles segment accounted for less than 10% share in 2017 but is expected to grow at a CAGR of 5%, owing primarily due increased adoption of hybrid electric vehicles (HEVs) across various regions globally as well as growing demand from emerging economies such as India and China which are witnessing rapid economic development with an increase in per capita income levels, leading towards higher disposable incomes which will lead towards higher spending on automobiles including HEVs.
Some Of The Growth Factors Of This Market:
- The increasing demand for wire harnesses in the automotive industry is a major factor driving the growth of this market.
- The increasing demand for wire harnesses in the aerospace and defense industry is also a major factor driving the growth of this market.
- The increasing demand for wire harnesses in the medical equipment industry is also a major factor driving the growth of this market.
- Increasing use of wireless technology, such as Bluetooth, Wi-Fi, and ZigBee, will drive up demand for wire harnesses in various industries over time.
- Increasing use of wireless technology will drive up demand for wire harnesses in various industries over time.
Industry Growth Insights published a new data on “Wire Harness Market”. The research report is titled “Wire Harness Market research by Types (Light Vehicles, Heavy Vehicles), By Applications (Automotive, Agriculture Machinery, Home Appliance, Other), By Players/Companies Yazaki, Sumitomo Electric, Delphi, Leon, Furukawa Electric, FUJIKURA, Yura, Lear, Kyungshin, THB Group, Coroplast, Qingdao Sanyuan Group, Kunshan Huguang, Changchun Bulb and Electric Wire Co.,Ltd., JAC, Brilliance Auto Group, Unistar Harness, Shanghai Jinting, Sichuan Fanhua, Liuzhou Shuangfei”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Harness Market Research Report
By Type
Light Vehicles, Heavy Vehicles
By Application
Automotive, Agriculture Machinery, Home Appliance, Other
By Companies
Yazaki, Sumitomo Electric, Delphi, Leon, Furukawa Electric, FUJIKURA, Yura, Lear, Kyungshin, THB Group, Coroplast, Qingdao Sanyuan Group, Kunshan Huguang, Changchun Bulb and Electric Wire Co.,Ltd., JAC, Brilliance Auto Group, Unistar Harness, Shanghai Jinting, Sichuan Fanhua, Liuzhou Shuangfei
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
232
Number of Tables & Figures
163
Customization Available
Yes, the report can be customized as per your need.
Global Wire Harness Market Report Segments:
The global Wire Harness market is segmented on the basis of:
Types
Light Vehicles, Heavy Vehicles
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, Agriculture Machinery, Home Appliance, 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:
- Yazaki
- Sumitomo Electric
- Delphi
- Leon
- Furukawa Electric
- FUJIKURA
- Yura
- Lear
- Kyungshin
- THB Group
- Coroplast
- Qingdao Sanyuan Group
- Kunshan Huguang
- Changchun Bulb and Electric Wire Co.,Ltd.
- JAC
- Brilliance Auto Group
- Unistar Harness
- Shanghai Jinting
- Sichuan Fanhua
- Liuzhou Shuangfei
Highlights of The Wire 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:
- Light Vehicles
- Heavy Vehicles
- By Application:
- Automotive
- Agriculture Machinery
- Home Appliance
- 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 Wire 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.
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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?
A wire harness is a type of electrical wiring that connects the various components of an electronic device. It consists of a number of thin wires that are bundled together and then covered in insulation.
Some of the key players operating in the wire harness market are Yazaki, Sumitomo Electric, Delphi, Leon, Furukawa Electric, FUJIKURA, Yura, Lear, Kyungshin, THB Group, Coroplast, Qingdao Sanyuan Group, Kunshan Huguang, Changchun Bulb and Electric Wire Co.,Ltd., JAC, Brilliance Auto Group, Unistar Harness, Shanghai Jinting, Sichuan Fanhua, Liuzhou Shuangfei.
The wire harness market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wire 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. Wire Harness Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wire Harness Market - Supply Chain
4.5. Global Wire Harness Market Forecast
4.5.1. Wire Harness Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wire Harness Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wire Harness Market Absolute $ Opportunity
5. Global Wire Harness 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. Wire Harness Market Size and Volume Forecast by Type
5.3.1. Light Vehicles
5.3.2. Heavy Vehicles
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wire Harness 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. Wire Harness Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Agriculture Machinery
6.3.3. Home Appliance
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wire Harness 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. Wire Harness 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 Wire Harness 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. Wire Harness 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 Wire Harness Demand Share Forecast, 2019-2029
9. North America Wire 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
9.2. North America Wire Harness 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 Wire Harness Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Agriculture Machinery
9.4.3. Home Appliance
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wire Harness Market Size and Volume Forecast by Type
9.7.1. Light Vehicles
9.7.2. Heavy Vehicles
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 Wire Harness Demand Share Forecast, 2019-2029
10. Latin America Wire 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. Latin America Average Pricing Analysis
10.2. Latin America Wire Harness 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 Wire Harness Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Agriculture Machinery
10.4.3. Home Appliance
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wire Harness Market Size and Volume Forecast by Type
10.7.1. Light Vehicles
10.7.2. Heavy Vehicles
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 Wire Harness Demand Share Forecast, 2019-2029
11. Europe Wire Harness 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 Wire Harness 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 Wire Harness Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Agriculture Machinery
11.4.3. Home Appliance
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wire Harness Market Size and Volume Forecast by Type
11.7.1. Light Vehicles
11.7.2. Heavy Vehicles
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 Wire Harness Demand Share, 2019-2029
12. Asia Pacific Wire Harness 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 Wire Harness 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 Wire Harness Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Agriculture Machinery
12.4.3. Home Appliance
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wire Harness Market Size and Volume Forecast by Type
12.7.1. Light Vehicles
12.7.2. Heavy Vehicles
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 Wire Harness Demand Share, 2019-2029
13. Middle East & Africa Wire Harness 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 Wire Harness 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 Wire Harness Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Agriculture Machinery
13.4.3. Home Appliance
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wire Harness Market Size and Volume Forecast by Type
13.7.1. Light Vehicles
13.7.2. Heavy Vehicles
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 Wire Harness Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Wire Harness Market: Market Share Analysis
14.2. Wire Harness Distributors and Customers
14.3. Wire Harness Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Yazaki
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Sumitomo Electric
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Delphi
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Leon
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Furukawa Electric
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FUJIKURA
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Yura
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lear
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Kyungshin
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. Coroplast
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Qingdao Sanyuan Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Kunshan Huguang
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Changchun Bulb and Electric Wire Co.,Ltd.
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. JAC
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Brilliance Auto Group
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Unistar Harness
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Shanghai Jinting
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Sichuan Fanhua
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Liuzhou Shuangfei
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
