Aerospace and Defense
Automotive and Transportation
Biotechnology1.png){kind=icon}
Chemicals and Materials
Consumer Goods
Energy and Power
Food and Beverages
Healthcare IT
Information & Communications
Manufacturing and Construction
Pharmaceuticals
Electronics and Semiconductor
Medical Devices
Market Overview
Automotive Wiring Harness market was valued at 41.6 billion US$ in 2022 and is projected to reach 58.3 billion US$ by 2030, at a CAGR of 4.3% during the forecast period. An automotive wiring harness is an organized set of wires, connectors, and terminals that run throughout a vehicle. It is used to provide power and connectivity to the various electrical systems and components in a vehicle, such as the lights, instrumentation, and engine control systems.
Market Determinants
The increasing production of vehicles globally and rising demand for electric and hybrid vehicles, which require more sophisticated wiring harness systems, are key driving factors of the market. However, volatility in raw material prices, such as copper and aluminum, which can impact the cost of wiring harnesses and stringent government regulations on vehicle emissions and safety might hamper the market growth. The expansion in use of automotive wiring harnesses into new markets, such as the commercial vehicle and marine sectors, would provide lucrative opportunities for the market in coming years.
Market Segmentation
The global Automotive Wiring Harness market is mainly classified based on Wire Type, Propulsion Type, Vehicle Type, and Application.
Wire Type is further segmented into Copper, Aluminum, and Others.
By Propulsion Type the market is divided into ICE Vehicles, Electric Vehicles, and Hybrid Vehicles.
By Vehicle Type the market is further divided into Two Wheeler, Passenger Cars, and Commercial Vehicles.
By Application the global Automotive Wiring Harness market is divided as Body & Lighting, Engine, HVAC, Chassis, Dashboard & Cabin, and Others.
Regional Segementation
Based on geography, the global Automotive Wiring Harness market is divided into North America, Europe, Asia-Pacific, South America, and Middle East & Africa. North America is further divided in the U.S., Canada, and Mexico, whereas Europe consists of the UK, Germany, France, Italy, and Rest of Europe. Asia-Pacific is segmented into India, China, Japan, South Korea, and Rest of Asia-Pacific. The South America region includes Brazil, Argentina, and the Rest of South America, while the Middle East & Africa is categorized into GCC Countries, Egypt, South Africa, and Rest of Middle East & Africa.
Competitive landscape
Key players operating in the Automotive Wiring Harness industry include Aptiv PLC, BorgWarner Inc., ESAPLLING PRIVATE LIMITED, Fujikura Ltd., FURUKAWA ELECTRIC CO., LTD., J & S WIRELINKS, Kromberg & Schubert India Private Limited, KYUNGSHIN, Lear Corporation, Leoni AG, Nexans Autoelectric GmbH, PKC Group Ltd., QL-Custom, Renhotec Group Ltd., Samvardhana Motherson Group, Sumitomo Electric Industries, Ltd., Yazaki Corporation, and YURA Corp.
Automotive Wiring Harness Market Key Segments:
By Wire Type
- Copper
- Aluminum
- Others
By Propulsion Type
- ICE Vehicles
- Electric Vehicles
- Hybrid Vehicles
By Vehicle Type
- Two Wheeler
- Passenger Cars
- Commercial Vehicles
By Application
- Body & Lighting
- Engine
- HVAC
- Chassis
- Dashboard & Cabin
- Others
Key Global Automotive Wiring Harness Industry Players
- Aptiv PLC
- BorgWarner Inc.
- ESAPLLING PRIVATE LIMITED
- Fujikura Ltd.
- FURUKAWA ELECTRIC CO., LTD.
- J & S WIRELINKS
- Kromberg & Schubert India Private Limited
- KYUNGSHIN
- Lear Corporation
- Leoni AG
- Nexans Autoelectric GmbH
- PKC Group Ltd.
- QL-Custom
- Renhotec Group Ltd.
- Samvardhana Motherson Group
- Sumitomo Electric Industries, Ltd.
- Yazaki Corporation
- YURA Corp.
What Report Provides
- Full in-depth analysis of the parent Industry
- Important changes in market and its dynamics
- Segmentation details of the market
- Former, on-going, and projected market analysis in terms of volume and value
- Assessment of niche industry developments
- Market share analysis
- Key strategies of major players
- Emerging segments and regional growth potential
US: +1 3023308252
