Automotive Wiring Harness Market 2021-26: Industry Trends, Size, Share, Analysis and Forecast

Automotive Industry Reports

Automotive Wiring Harness Market Analysis by Material Type (Copper, Aluminum & Others), by Transmission Type (Data Transmission, Electrical Wiring), by Vehicle Type (Two Wheelers, Passenger Cars, Commercial Vehicles), by Application (Body Wiring Harness, Engine Wiring Harness, Chassis Wiring Harness, HVAC Wiring Harness, Sensors Wiring Harness & Others), Key Players and Region – Industry Outlook to 2026.

Automotive wiring harness refers to an organized bundle of wires, terminals and connectors that provides power and information throughout a vehicle. It is designed to minimize installation time, reduce the risk of shorting, improve fuel efficiency and operate in extreme conditions effectively. It also aids in signal transmission and providing power to different electronic and electrical devices in the vehicle. Besides this, it is also used in two-wheelers, three-wheelers, cars, utility vehicles and commercial vehicles. According to the latest report by IMARC Group, the global automotive wiring harness market to grow at a CAGR of around 6% during 2021-2026.

Market Trends

Owing to inflating disposable incomes, increasing fuel prices and growing environmental concerns, there is increasing adoption of electric vehicles (EVs) across the globe. This represents one of the key factors impelling the market growth. Moreover, the rising number of road accidents is further escalating the demand for the automotive wiring harness. Other than this, the increasing demand for lightweight materials in the vehicle manufacturing and designs on account of their cost-effectiveness, in confluence with the burgeoning automotive industry, is expected to propel the market growth in the coming years.

Note: We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Global Automotive Wiring Harness Market 2020-2025 Analysis and Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

Some of the key players being Delphi Technologies (BorgWarner Inc.), FURUKAWA ELECTRIC CO (FUWAY), Lear Corporation (LEA), LEONI AG NA O.N. (LEO.DE), NEXANS (NEX.PA), PKC Group Plc (Motherson Sumi Systems Ltd.), Samvardhana Motherson Automotive Systems Group B.V., Sumitomo Electric Industries Ltd., THB Group (AmWINS Group Inc.), YAZAKI Corporation, YURA Corporation, etc.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/automotive-wiring-harness-market

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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the purchase behaviours of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.

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