Automotive Wiring Harness Market by Application, Vehicle Type, and Geography - Forecast and Analysis 2021-2025

  • Published: Feb 2021
  • Pages: 120
  • SKU: IRTNTR40233
Technavio

Purchase this report now and if we publish a new version within 90 days, we will send you a free copy.

Safe and Secure SSL Encrypted
  • 2500.00
  • USD

The automotive wiring harness market size has the potential to grow by USD 23.18 billion during 2021-2025, and the market’s growth momentum will decelerate at a CAGR of 13.75%. 

This report provides a detailed analysis of the market by vehicle type (passenger vehicles, light commercial vehicles, and medium and heavy commercial vehicles), application (chassis, sensors, and HVAC), geography (APAC, Europe, North America, South America, and MEA), and key vendors. 

Market Overview

Automotive-Wiring-Harness-Market-Market-Size-2020-2025

Browse TOC and LoE with selected illustrations and example pages of Automotive Wiring Harness Market

 Request a FREE sample now!

Market Competitive Analysis

The report analyzes the market’s competitive landscape and offers information on several automotive wiring harness manufacturers, including: 

 

  • Aptiv Plc
  • Fujikura Ltd.
  • Furukawa Electric Co. Ltd.
  • Kyungshin Co. Ltd.
  • Lear Corp.
  • Leoni AG
  • Motherson Sumi Systems Ltd.
  • Nexans SA
  • Sumitomo Corp.
  • Yazaki Corp.

 

The automotive wiring harness market is concentrated and the vendors are deploying growth strategies such as improving the reliability and life cycle of wire harnesses to compete in the market. Click here to uncover other successful business strategies deployed by the vendors. 

The market players also significantly leverage external market drivers such as the increasing use of advanced materials for wire harness to achieve growth opportunities. However, factors such as reliability issues leading to product recalls will challenge the growth of the market participants. To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the automotive wiring harness market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies. 

This automotive wiring harness market analysis report also provides detailed information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities. 

Automotive Wiring Harness Market: Key Drivers and Trends

  • The increasing use of advanced materials for wire harnesses is one of the significant factors driving the automotive wiring harness market growth.
  • Automotive wiring harnesses are exposed to water, dust, and other foreign elements and subjected to high temperature and pressure.
  • The load on wiring harnesses is also high as they need to transfer huge volumes of electric signals and data within automotive systems.
  • These challenges have driven market vendors to use advanced grades of insulators, conductors, and sheath for wires and cables in automotive wiring harness systems.
  • The use of advanced radiation cross-linked fluoropolymer insulation enhances the robustness and high-temperature resistance and protects automotive wiring harnesses from any damage.
  • The use of such advanced materials in wire harnesses will improve their durability and allow them to be used in harsh environments.
  • The rising developments and advances in autonomous vehicles, identified as critical automotive wiring harness market trends, are expected to boost the demand for advanced wiring harnesses over the forecast period. 
  • The increasing funding on the R&D of autonomous technologies has enabled prototype development and testing of autonomous or self-driving vehicles.
  • Vehicles with autonomous technologies are being tested by various automotive OEMs, tier-1 suppliers, and shared mobility service providers.
  • The automation systems, such as connected car technologies, used in autonomous vehicles generate high volumes of data and hence, require advanced and high-voltage wiring harnesses for their optimum performance.

 

Grab your Free Sample now to unlock further information on other key market drivers

Automotive Wiring Harness Market by Geography

Automotive-Wiring-Harness-Market-Market-Share-by-Region-2020-2025

For more insights on the market share of various regions Request for a FREE sample now!

58% of the market’s growth will originate from APAC during the forecast period. China, Japan, South Korea (Republic of Korea), and India are the key markets for automotive wiring harnesses in APAC. Market growth in APAC will be faster than the growth of the market in other regions.

The high production and sales of automobiles will facilitate the automotive wiring harness market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report. 

Automotive Wiring Harness Market by Application

Automotive-Wiring-Harness-Market-Market-Share-by-Application-2020-2025

Request for a FREE sample and Get more information on the market contribution of various segments

The growing integration of automotive electronics in automotive chassis control systems is driving the revenue generation of the chassis segment. In addition, factors such as the growing demand for premium or luxury-segment vehicles are further acting as growth enablers for the chassis segment. However, the automotive wiring harness market share growth by the chassis segment will be slower than the sensors and HVAC segments. 

Fetch actionable market insights on post COVID-19 impact on each segment. This report provides an accurate prediction of the contribution of all the segments to the growth of the automotive wiring harness market size.

 

Event-Tickets-Market-Report

Request for a FREE sample

Automotive Wiring Harness Market: Key Highlights of the Report for 2021-2025

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive automotive wiring harness market growth during the next five years
  • Precise estimation of the automotive wiring harness market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the automotive wiring harness industry across APAC, Europe, North America, South America, and MEA
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of automotive wiring harness market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

Automotive Wiring Harness Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Decelerate at a CAGR of 14%

Market growth 2021-2025

$ 23.18 billion

Market structure

Concentrated

YoY growth (%)

19.89

Regional analysis

APAC, Europe, North America, South America, and MEA

Performing market contribution

APAC at 58%

Key consumer countries

China, US, Germany, Japan, South Korea (Republic of Korea), and India

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Kyungshin Co. Ltd., Lear Corp., Leoni AG, Motherson Sumi Systems Ltd., Nexans SA, Sumitomo Corp., and Yazaki Corp.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Read More Read Less

Executive Summary

    Market Landscape

    • Market ecosystem
    • COVID-19 impact on consumer discretionary sector
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020-2025

    Five Forces Analysis

    • Five forces summary
    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by Application

    • Market segments
    • Comparison by Application
    • Chassis - Market size and forecast 2020-2025
    • Sensors - Market size and forecast 2020-2025
    • HVAC - Market size and forecast 2020-2025
    • Market opportunity by Application

    Market Segmentation by Vehicle Type

    • Market segments
    • Comparison by Vehicle type
    • Passenger vehicles - Market size and forecast 2020-2025
    • Light commercial vehicles - Market size and forecast 2020-2025
    • Medium and heavy commercial vehicles - Market size and forecast 2020-2025
    • Market opportunity by Vehicle type

    Customer landscape

    • Overview

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Overview
    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Aptiv Plc
    • Fujikura Ltd.
    • Furukawa Electric Co. Ltd.
    • Kyungshin Co. Ltd.
    • Lear Corp.
    • Leoni AG
    • Motherson Sumi Systems Ltd.
    • Nexans SA
    • Sumitomo Corp.
    • Yazaki Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The automotive wiring harness market growth will increase by $23.18 billion during 2020-2025.
    The automotive wiring harness market is expected to grow at a CAGR of 13.75% during 2020-2025.
    Technavio has segmented the automotive wiring harness market by other1 (Passenger vehicles, Light commercial vehicles, and Medium and heavy commercial vehicles) ,application (Chassis, Sensors, and HVAC) , and geographic (APAC, Europe, North America, South America, and MEA).
    Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Kyungshin Co. Ltd., Lear Corp., Leoni AG, Motherson Sumi Systems Ltd., Nexans SA, Sumitomo Corp., Yazaki Corp. are a few of the key vendors in the automotive wiring harness market.
    APAC will register the highest growth rate of 58.10% among the other regions. Therefore, the automotive wiring harness market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    • China
    • US
    • Germany
    • Japan
    • South Korea (Republic of Korea)
    • India
    The key factors driving the automotive wiring harness market growth are:
    • Increasing penetration of automotive electronics
    • Advances in autonomous vehicles
    The automotive wiring harness market vendors should focus on grabbing business opportunities from the passenger vehicles segment as it accounted for the largest market share in the base year.
    Safe and Secure SSL Encrypted
    Technavio

    Single User:

    2500 USD

    Technavio Get the report (PDF) sent to your email within minutes.

    Subscribe & Save

    Get lifetime access to our
    Technavio Insights

    Want to customize this report?

    This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time.

    We offer $1000 worth of FREE customization at the time of purchase
    Technavio
    Enquire Before Buying
    1. Home
    2. Consumer Discretionary
    3. Published Report
    17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>