Product Code: SR1423A37_Report
The global automotive wiring harness market size reached US$ 80.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 103.6 Billion by 2028, exhibiting a growth rate (CAGR) of 4.15% during 2023-2028.The increasing demand for electric vehicles (EVs), rising initiatives of automobile manufacturers to improve safety and efficiency of cars, and the growing integration of advanced systems in modern cars represent some of the key factors driving the market.
An automotive wiring harness is a combination of multiple electric wires in a vehicle for a comprehensive electric power supply and signal transmission. It comprises connectors, terminals, and seals that are manufactured from thermoset or thermoplastic materials to provide protection to the wires and cables from the harsh external environment. It can withstand high temperatures and can be customized according to the specific requirements of the vehicle owner. It also enables the transmission of numerous control signals to retain basic functioning and strengthen the safety of cars. An automotive wiring harness connects various parts of a vehicle, such as an engine, body, dashboard, chassis, and doors, to fulfill the electrical and dimensional requirements. It also connects the internal vehicular system with power horn relays, ignition switch connectors, engine fans, brake lights, and power windows. It assists in reducing the hassle of managing multiple wires with a single unit and prevents the occurrence of incorrect wiring. Furthermore, as it is cost-efficient and durable, the automotive wiring harness is utilized in two-wheelers, three-wheelers, utility vehicles, farm vehicles, and electric vehicles (EVs) across the globe.
Automotive Wiring Harness Market Trends:
- At present, the increasing demand for automotive wiring harnesses for improving safety measures and power delivery systems represents one of the primary factors influencing the market positively. Besides this, the rising utilization of automotive wiring harnesses in hybrid cars to manage electrical loads and resist electromagnetic noise is propelling the growth of the market. In addition, the increasing utilization of electric cars to decrease fossil fuel consumption and reduce the emission of automobile exhausts is contributing to the growth of the market. Apart from this, governing agencies of various countries are encouraging the utilization of electric cars to reduce the negative impacts of air pollution and climate change. They are also introducing EVs in the public transportation system due to the rising environmental concerns around the world. Additionally, the increasing integration of various advanced systems in modern cars, such as emergency braking systems, airbags, navigation systems, and lane departure warning systems (LDWS), to improve the functionality and safety of drivers is supporting the market growth. Moreover, the growing initiatives of automobile manufacturers to improve the temperature-withstanding capabilities of various heavy-duty vehicles and reduce the occurrence of short circuits in cars are offering a favorable market outlook.
Key Market Segmentation:
- IMARC Group provides an analysis of the key trends in each sub-segment of the global automotive wiring harness market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on application, material type, transmission type, vehicle type, category and component.
Application Insights:
- Body Wiring Harness
- Engine Wiring Harness
- Chassis Wiring Harness
- HVAC Wiring Harness
- Sensors Wiring Harness
- Others
- The report has provided a detailed breakup and analysis of the automotive wiring harness market based on the application. This includes body wiring harness, engine wiring harness, chassis wiring harness, HVAC wiring harness, sensors wiring harness, and others. According to the report, chassis wiring harness accounted for the largest market share.
Material Type Insights:
- Copper
- Aluminum
- Others
- A detailed breakup and analysis of the automotive wiring harness market based on the material type has also been provided in the report. This includes copper, aluminum, and others. According to the report, copper accounted for the largest market share.
Transmission Type Insights:
- Data Transmission
- Electrical Wiring
- A detailed breakup and analysis of the automotive wiring harness market based on the transmission type has also been provided in the report. This includes data transmission and electrical wiring. According to the report, electrical wiring accounted for the largest market share.
Vehicle Type Insights:
- Two Wheelers
- Passenger Cars
- Commercial Vehicles
- A detailed breakup and analysis of the automotive wiring harness market based on the vehicle type has also been provided in the report. This includes two wheelers, passenger cars, and commercial vehicles. According to the report, passenger cars accounted for the largest market share.
Category Insights:
- General Wires
- Heat Resistant Wires
- Shielded Wires
- Tubed Wires
- A detailed breakup and analysis of the automotive wiring harness market based on the category has also been provided in the report. This includes general wires, heat resistant wires, shielded wires, and tubed wires. According to the report, general wires accounted for the largest market share.
Component Insights:
- Connectors
- Wires
- Terminals
- Others
- A detailed breakup and analysis of the automotive wiring harness market based on the component has also been provided in the report. This includes connectors, wires, terminals, and others. According to the report, wires accounted for the largest market share.
Regional Insights:
- North America
- United States
- Canada
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets that include North America (the United States and Canada); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Latin America (Brazil, Mexico, and others); and Middle East and Africa. According to the report, Asia Pacific was the largest market for automotive wiring harness. Some of the factors driving the Asia Pacific automotive wiring harness market included increasing disposable incomes of individuals, escalating demand for advanced features in cars, rising adoption of electric vehicles (EVs), etc.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global automotive wiring harness market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Delphi Technologies (BorgWarner Inc.), Furukawa Electric Co. Ltd., Lear Corporation, Leoni AG, Nexans Autoelectric GmbH, 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, and YURA Corporation. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
- Key Questions Answered in This Report
- 1. What was the size of the global automotive wiring harness market in 2022?
- 2. What is the expected growth rate of the global automotive wiring harness market during 2023-2028?
- 3. What are the key factors driving the global automotive wiring harness market?
- 4. What has been the impact of COVID-19 on the global automotive wiring harness market?
- 5. What is the breakup of the global automotive wiring harness market based on the application?
- 6. What is the breakup of the global automotive wiring harness market based on the material type?
- 7. What is the breakup of the global automotive wiring harness market based on the transmission type?
- 8. What is the breakup of the global automotive wiring harness market based on the vehicle type?
- 9. What is the breakup of the global automotive wiring harness market based on the category?
- 10. What is the breakup of the global automotive wiring harness market based on the component?
- 11. What are the key regions in the global automotive wiring harness market?
- 12. Who are the key players/companies in the global automotive wiring harness market?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Automotive Wiring Harness Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Application
- 6.1 Body Wiring Harness
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Engine Wiring Harness
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Chassis Wiring Harness
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 HVAC Wiring Harness
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
- 6.5 Sensors Wiring Harness
- 6.5.1 Market Trends
- 6.5.2 Market Forecast
- 6.6 Others
- 6.6.1 Market Trends
- 6.6.2 Market Forecast
7 Market Breakup by Material Type
- 7.1 Copper
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Aluminum
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Others
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Transmission Type
- 8.1 Data Transmission
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Electrical Wiring
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
9 Market Breakup by Vehicle Type
- 9.1 Two Wheelers
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Passenger Cars
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
- 9.3 Commercial Vehicles
- 9.3.1 Market Trends
- 9.3.2 Market Forecast
10 Market Breakup by Category
- 10.1 General Wires
- 10.1.1 Market Trends
- 10.1.2 Market Forecast
- 10.2 Heat Resistant Wires
- 10.2.1 Market Trends
- 10.2.2 Market Forecast
- 10.3 Shielded Wires
- 10.3.1 Market Trends
- 10.3.2 Market Forecast
- 10.4 Tubed Wires
- 10.4.1 Market Trends
- 10.4.2 Market Forecast
11 Market Breakup by Component
- 11.1 Connectors
- 11.1.1 Market Trends
- 11.1.2 Market Forecast
- 11.2 Wires
- 11.2.1 Market Trends
- 11.2.2 Market Forecast
- 11.3 Terminals
- 11.3.1 Market Trends
- 11.3.2 Market Forecast
- 11.4 Others
- 11.4.1 Market Trends
- 11.4.2 Market Forecast
12 Market Breakup by Region
- 12.1 North America
- 12.1.1 United States
- 12.1.1.1 Market Trends
- 12.1.1.2 Market Forecast
- 12.1.2 Canada
- 12.1.2.1 Market Trends
- 12.1.2.2 Market Forecast
- 12.2 Asia Pacific
- 12.2.1 China
- 12.2.1.1 Market Trends
- 12.2.1.2 Market Forecast
- 12.2.2 Japan
- 12.2.2.1 Market Trends
- 12.2.2.2 Market Forecast
- 12.2.3 India
- 12.2.3.1 Market Trends
- 12.2.3.2 Market Forecast
- 12.2.4 South Korea
- 12.2.4.1 Market Trends
- 12.2.4.2 Market Forecast
- 12.2.5 Australia
- 12.2.5.1 Market Trends
- 12.2.5.2 Market Forecast
- 12.2.6 Indonesia
- 12.2.6.1 Market Trends
- 12.2.6.2 Market Forecast
- 12.2.7 Others
- 12.2.7.1 Market Trends
- 12.2.7.2 Market Forecast
- 12.3 Europe
- 12.3.1 Germany
- 12.3.1.1 Market Trends
- 12.3.1.2 Market Forecast
- 12.3.2 France
- 12.3.2.1 Market Trends
- 12.3.2.2 Market Forecast
- 12.3.3 United Kingdom
- 12.3.3.1 Market Trends
- 12.3.3.2 Market Forecast
- 12.3.4 Italy
- 12.3.4.1 Market Trends
- 12.3.4.2 Market Forecast
- 12.3.5 Spain
- 12.3.5.1 Market Trends
- 12.3.5.2 Market Forecast
- 12.3.6 Russia
- 12.3.6.1 Market Trends
- 12.3.6.2 Market Forecast
- 12.3.7 Others
- 12.3.7.1 Market Trends
- 12.3.7.2 Market Forecast
- 12.4 Latin America
- 12.4.1 Brazil
- 12.4.1.1 Market Trends
- 12.4.1.2 Market Forecast
- 12.4.2 Mexico
- 12.4.2.1 Market Trends
- 12.4.2.2 Market Forecast
- 12.4.3 Others
- 12.4.3.1 Market Trends
- 12.4.3.2 Market Forecast
- 12.5 Middle East and Africa
- 12.5.1 Market Trends
- 12.5.2 Market Breakup by Country
- 12.5.3 Market Forecast
13 SWOT Analysis
- 13.1 Overview
- 13.2 Strengths
- 13.3 Weaknesses
- 13.4 Opportunities
- 13.5 Threats
14 Value Chain Analysis
15 Porters Five Forces Analysis
- 15.1 Overview
- 15.2 Bargaining Power of Buyers
- 15.3 Bargaining Power of Suppliers
- 15.4 Degree of Competition
- 15.5 Threat of New Entrants
- 15.6 Threat of Substitutes
16 Price Indicators
17 Competitive Landscape
- 17.1 Market Structure
- 17.2 Key Players
- 17.3 Profiles of Key Players
- 17.3.1 Delphi Technologies (BorgWarner Inc.)
- 17.3.1.1 Company Overview
- 17.3.1.2 Product Portfolio
- 17.3.1.3 Financials
- 17.3.2 Furukawa Electric Co. Ltd.
- 17.3.2.1 Company Overview
- 17.3.2.2 Product Portfolio
- 17.3.2.3 Financials
- 17.3.2.4 SWOT Analysis
- 17.3.3 Lear Corporation
- 17.3.3.1 Company Overview
- 17.3.3.2 Product Portfolio
- 17.3.3.3 Financials
- 17.3.3.4 SWOT Analysis
- 17.3.4 Leoni AG
- 17.3.4.1 Company Overview
- 17.3.4.2 Product Portfolio
- 17.3.4.3 Financials
- 17.3.4.4 SWOT Analysis
- 17.3.5 Nexans Autoelectric GmbH
- 17.3.5.1 Company Overview
- 17.3.5.2 Product Portfolio
- 17.3.6 PKC Group Plc (Motherson Sumi Systems Ltd.)
- 17.3.6.1 Company Overview
- 17.3.6.2 Product Portfolio
- 17.3.7 Samvardhana Motherson Automotive Systems Group B.V.
- 17.3.7.1 Company Overview
- 17.3.7.2 Product Portfolio
- 17.3.7.3 Financials
- 17.3.8 Sumitomo Electric Industries Ltd.
- 17.3.8.1 Company Overview
- 17.3.8.2 Product Portfolio
- 17.3.8.3 Financials
- 17.3.8.4 SWOT Analysis
- 17.3.9 THB Group (AmWINS Group, Inc)
- 17.3.9.1 Company Overview
- 17.3.9.2 Product Portfolio
- 17.3.9.3 Financials
- 17.3.10 YAZAKI Corporation
- 17.3.10.1 Company Overview
- 17.3.10.2 Product Portfolio
- 17.3.11 YURA Corporation
- 17.3.11.1 Company Overview
- 17.3.11.2 Product Portfolio