Global Automotive Wiring Harness Testing Market 2017-2021

Overview of the global automotive wiring harness testing market

Research analysis on the global automotive wiring harness testing market identifies that the rising demand for high-speed connectivity solutions will be one of the major factors that will have a positive impact on the growth of the market. The development in the automotive industry has led to increased adoption of electrical components that has raised to more than 50% in some vehicles over the years. New and forthcoming vehicles are equipped with many electronic components and sensors that interconnects these modules and communicate with each other through the ECU. Due to this increased activity, traditional wiring harnesses are incapable of supporting the bandwidth requirements due to high-speed data transmission. This has raised the demand for protected wiring harnesses and better connectors with the capability to handle high bandwidths. This improvement in enabling better connectivity will propel the global automotive wiring harness market during the forecast period. Technavio's market research analysts predict that this market will grow at a CAGR of more than 16% in terms of unit by 2021.

The rising trend for utilizing high-end optical fiber in wiring harness is one of the key trends that will gain traction in the automotive wiring harness testing market. The advantages such as higher bandwidth, lightweight, and electromagnetic interference resistance will increase the adoption of the high-end optical fiber in wiring harnesses.  The rise in the implementation of high-end optical fiber for wiring harness will boost the growth of the automotive wiring harness testing market due to the need for a customized tester.

Competitive landscape and key vendors  

The rising need for electronic content in the automotive industry will increase the number of new entrants in the automotive wiring harness testing market. This is likely to raise the competition levels between the wire harness manufacturers during the forecast period. The market is seen to have lower competition levels and many manufacturers of wire harness testers.

The leading vendors in the market are ?

• Bosch
• Cirris Systems
• Dynalab Test Systems
• TE Connectivity
• TSK Prüfsysteme (Komax)

The other prominent vendors in the market are Cablescan, Shenzhen Lian Xin Technology, Jackmark Engineering, and Molex.

Segmentation by vehicle type and analysis of the automotive wiring harness testing market

• Commercial vehicles
• Passenger vehicles

During 2016, the passenger vehicle segment accounted for the major shares of the automotive wiring harness testing market. Factors such as the increasing number of tests, rising number of vehicles, and implementation of improved features in safety, security, and connectivity will contribute to the growth of this industry segment in the coming years.

Geographical segmentation and analysis of the automotive wiring harness testing market

• Americas
• APAC
• EMEA

This market study estimates that in terms of geographic regions, APAC will be the major revenue contributor to the automotive wiring harness testing market throughout the forecast period. The rising number of tests based on many automotive manufacturing plants and the increasing governmental initiatives to mandate the installation of electronic systems will drive the market's growth in the region.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global automotive wiring harness testing market?
• What are the key market trends impacting the growth of the global automotive wiring harness testing market?
• What are the challenges to market growth?
• Who are the key vendors in the global automotive wiring harness testing market?
• What are the market opportunities and threats faced by the vendors in the global automotive wiring harness testing market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global automotive wiring harness testing market?

Technavio also offers customization on reports based on specific client requirement.

Automotive wiring harnesses transfer information and electric power and play a critical role in connecting a variety of components. This upcoming report on the global automotive wiring harness testing market offers insights into the major trends and forthcoming drivers influencing the growth of the automotive industry. Our reports for the automotive industry also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like automotive services.  

By considering the market forecast and size, surging demand for various segments of the automotive services sector, the market research professionals at Technavio present an all-inclusive picture of the automotive wiring harness testing market for the time period of 2017 to 2021. Furthermore, our research practices support clients develop impactful growth strategies and keep pace with the continually changing market dynamics. This market research report also presents an extensive analysis of various products and services based on the insights from the information gathered from specific resources such as channel partners and market stakeholders.

This forthcoming market research report on the automotive wiring harness testing market also covers vendors like Bosch, Continental, Delphi, Lear, Leoni, Sumitomo Electric, Yazaki, and Cirris Systems. According to our market research experts, the exponential increase in the demand for electronic components in the automotive industry is expected to influence this market during the next few years. Furthermore, to offer clients the scope to identify potential market opportunities and expand in niche markets, this report on the automotive wiring harness testing market also covers geographies like the Americas, APAC, and EMEA.

The upcoming industry research report for automotive wiring harness testing market also categorizes the key drivers, prominent trends, as well as the imminent restraints that the automotive services sector currently experiences. This upcoming report on the automotive wiring harness testing market presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the automotive industry. Technavio also provides deep-dive market assessments into the sectors such as auto accessories, automotive electronics, and automotive manufacturing.

Our market research methodology for the automotive wiring harness testing market

Technavio also offers clients the option to customize every report to suit their specific requirements and offers attractive discounts on all upcoming reports and future purchases