Automotive Wiring Harness Market
Automotive Wiring Harness Market Size, Share & Trends Analysis Report by Component (Electric Wires, Connectors, Terminals, and Others), and by Application (Body, Engine, Chassis, Heating, Ventilation and Air Conditioning (HVAC), and Sensors) Forecast Period (2023-2030) Update Available - Forecast 2024-2030
Automotive wiring harness market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. The growth of the market is attributed to factors such as the increasing demand for electric vehicles(EVs)along withthe growing automotive industry. Further, various technological advancements in automotive technology and the rising demand for improved connectivity and safety features in vehicles are also some other factors anticipated to fuel the demand for automotive wiring harnesses. Owing to this various market players are collaborating to launch a new technology for the wiring harness market to cater to the growing demand and stay competitive. For instance, in February 2023, Hero Electric partnered with Dhoot Transmission Pvt. Ltd. for sourcing new wiring harness solutions. Under the partnership, Hero Electric's products will be equipped with the latest wiring harnesses from the Tier 1 supplier. The partnership aims to develop new wiring harness solutions for Hero Electric vehicles.
Segmental Outlook
The global automotive wiring harness market is segmented based on its components and applications. Based on components, the market is segmented into electric wires, connectors, terminals, and others. Based on applications, the market is categorized into body, engine, chassis, HVAC, and sensors. Among the component segment, connectors are expected to hold a prominent market share. Connectors play a crucial role in providing electrical connectivity in automotive wiring harnesses and are essential for efficient and reliable performance.
The Body Sub-Segment is Anticipated to Register Significant Growth During the Forecast Period.
Among the application segment, the body sub-segment is anticipated to register significant growth during the forecast period. The increasing integration of advanced electronics and electrical systems in the vehicle body, including infotainment systems, lighting, safety features, seats, and others is driving the demand for body automotive wiring harnesses. For instance, in October 2021, Toyota Boshoku Corp. adopted aluminum wire in wire harnesses for automobile seats, which is used in the new Toyota Land Cruiser 300. This is the first time that aluminum electrical wire has been used in wire harnesses for Toyota Boshoku seats. The switch to the aluminum wire reduce the weight of the wire harnesses by 44%, contributing to lighter and more eco-friendly automobiles.
Regional Outlooks
The global automotive wiring harness market is further segmented based on geography, including North America (the US and Canada), Europe (Italy, Spain, Germany, France, and others), Asia-Pacific (India, China, Japan, South Korea, and others), and the Rest of the World (the Middle East & Africa and Latin America). The market can be analyzed at a regional or country level as per the requirement. Among these, theAsia-Pacific region is anticipated to account for a significant share ofthe automotive wiring harness market during the forecast period. The region is a major hub for automotive manufacturing, in countries such asChina, Japan, and South Korea, among others. Thus, the rapidly increasing production of vehicles and the rising adoption of advanced technologies in the automotive sector drive the demand for wiring harnesses in this region.
Global Automotive Wiring Harness Market Growth, by Region 2023-2030
North America is Anticipated to Hold a Significant Share of the Automotive Wiring Harness Market During the Forecast Period
The North America region is anticipated to hold a significant share in the automotive wiring harness market during the forecast period. This growth is attributed to the presence of major market players such as Aptiv PLC, Delphi Automotive LLP, Optronics Inc., and others. These major players are adopting various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in June 2020, Optronics acquired USA Harness. The aim of Optronics' acquisition of USA Harness is to become one of only a few manufacturers capable of fully serving the light-, medium-, and heavy-duty commercial vehicle industry by offering a comprehensive line of integrated modular power delivery and lighting solutions for commercial vehicles. With the acquisition, Optronics has become the newest integrated full-line lighting and harness supplier in the industry. The acquisition will enable Optronics to disrupt the status quo and expand its product offerings to better serve the needs of its customers.
Market Players Outlook
The major companies serving the global automotive wiring harness market include Aptiv Global Operations Ltd., Delphi Powertrain Systems Operations, Sumitomo Electric Groupand others. These market players are considerably contributing to the market growth through the adoption of various strategies, including mergers and acquisitions, partnerships, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in December 2021, Valens Semiconductor and Sumitomo Electric Industries collaborated in the field of MIPI A-PHY technology and deployments.The companies will work together to ensure that Sumitomo Electric's wiring harness systems meet the channel requirements of the A-PHY specification, while Valens will add the Sumitomo Electric cable assembly and matching on-board connectors as an ordering option for its VA70XX customer evaluation kits.
The Report Covers
- Market value data analysis of 2022 and forecast to 2030.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global automotive wiring harness market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
1. Report Summary
• Current Industry Analysis and Growth Potential Outlook
1.1. Research Methods and Tools
1.2. Market Breakdown
1.2.1. By Segments
1.2.2. By Region
2. Market Overview and Insights
2.1. Scope of the Report
2.2. Analyst Insight & Current Market Trends
2.2.1. Key Findings
2.2.2. Recommendations
2.2.3. Conclusion
3. Competitive Landscape
3.1. Key Company Analysis
3.2. Aptiv Global Operations Ltd.
3.2.1. Overview
3.2.2. Financial Analysis
3.2.3. SWOT Analysis
3.2.4. Recent Developments
3.3. Delphi Powertrain Systems Operations (Delphi Automotive LLP)
3.3.1. Overview
3.3.2. Financial Analysis
3.3.3. SWOT Analysis
3.3.4. Recent Developments
3.4. Furukawa Electric Co., Ltd.
3.4.1. Overview
3.4.2. Financial Analysis
3.4.3. SWOT Analysis
3.4.4. Recent Developments
3.5. Sumitomo Electric Group
3.5.1. Overview
3.5.2. Financial Analysis
3.5.3. SWOT Analysis
3.5.4. Recent Developments
3.6. Yazaki Corp.
3.6.1. Overview
3.6.2. Financial Analysis
3.6.3. SWOT Analysis
3.6.4. Recent Developments
3.7. Key Strategy Analysis
4. Market Segmentation
4.1. Global Automotive Wiring Harness Market by Component
4.1.1. Electric Wires
4.1.2. Connectors
4.1.3. Connectors
4.1.4. Others (Wire Spool Racks)
4.2. Global Automotive Wiring HarnessMarket by Application
4.2.1. Body
4.2.2. Engine
4.2.3. Chassis
4.2.4. Heating, Ventilation, and Air Conditioning (HVAC)
4.2.5. Sensors
4.3. Global Automotive Wiring Harness Market by Vehicle Type
4.3.1. Passenger Cars
4.3.2. Commercial Vehicles
5. Regional Analysis
5.1. North America
5.1.1. United States
5.1.2. Canada
5.2. Europe
5.2.1. UK
5.2.2. Germany
5.2.3. Italy
5.2.4. Spain
5.2.5. France
5.2.6. Rest of Europe
5.3. Asia-Pacific
5.3.1. China
5.3.2. India
5.3.3. Japan
5.3.4. South Korea
5.3.5. Rest of Asia-Pacific
5.4. Rest of the World
6. Company Profiles
6.1. BorgWarner, Inc.
6.2. Coroplast
6.3. Fritz Muller GmbH & Co.
6.4. Fujikura Ltd
6.5. Hyundai Motor Co.
6.6. Kia Motors
6.7. Kromberg & Schubert
6.8. La Cro Products, Inc.
6.9. Lear Corp
6.10. Leoni AG
6.11. Motherson Group
6.12. Nexans Autoelectric
6.13. Optronicsn Inc.
6.14. PKC Group Plc
6.15. Bapcor Ltd
6.16. QINGDAO SANYUAN GROUP
6.17. Rapid Conn, Inc.
6.18. Renhotec EV
6.19. SAMVARDHANAMOTHERSON GROUP
6.20. Specialized Products, Ltd.
6.21. Amwins Global Risks Group Ltd.
6.22. Yura Corp.
1. GLOBAL AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
2. GLOBAL ELECTRIC WIRED N AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
3. GLOBAL CONNECTORS IN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
4. GLOBAL TERMINALS IN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
5. GLOBAL OTHERS IN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
6. GLOBAL AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
7. GLOBAL AUTOMOTIVE WIRING HARNESS FOR BODY MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
8. GLOBAL AUTOMOTIVE WIRING HARNESS FOR ENGINE MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
9. GLOBAL AUTOMOTIVE WIRING HARNESS FOR HVAC MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
10. GLOBAL AUTOMOTIVE WIRING HARNESS FOR SENSORSMARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
11. GLOBAL AUTOMOTIVE WIRING HARNESS FOR CHASSIS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
12. GLOBAL AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2022-2030 ($ MILLION)
13. GLOBAL AUTOMOTIVE WIRING HARNESS FOR PASSENGER CARS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
14. GLOBAL AUTOMOTIVE WIRING HARNESS FOR COMMERCIAL VEHICLES MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
15. GLOBAL AUTOMOTIVE WIRING HARNESS FOR Q1 MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
16. GLOBAL AUTOMOTIVE WIRING HARNESS FOR Q2 MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
17. GLOBAL AUTOMOTIVE WIRING HARNESS FOR Q3 MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
18. GLOBAL AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY REGION, 2022-2030 ($ MILLION)
19. NORTH AMERICAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
20. NORTH AMERICAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
21. NORTH AMERICAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
22. NORTH AMERICAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2022-2030 ($ MILLION)
23. EUROPEAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
24. EUROPEAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
25. EUROPEAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
26. EUROPEAN AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2022-2030 ($ MILLION)
27. ASIA-PACIFIC AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
28. ASIA-PACIFIC AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
29. ASIA-PACIFIC AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
30. ASIA-PACIFIC AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2022-2030 ($ MILLION)
31. REST OF THE WORLD AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COUNTRY, 2022-2030 ($ MILLION)
32. REST OF THE WORLD AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY COMPONENT, 2022-2030 ($ MILLION)
33. REST OF THE WORLD AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY APPLICATION, 2022-2030 ($ MILLION)
34. REST OF THE WORLD AUTOMOTIVE WIRING HARNESS MARKET RESEARCH AND ANALYSIS BY VEHICLE TYPE, 2022-2030 ($ MILLION)
1. GLOBAL AUTOMOTIVE WIRING HARNESS MARKET SHARE BY COMPONENT, 2022 VS 2030 (%)
2. GLOBAL ELECTRIC WIRED IN AUTOMOTIVE WIRING HARNESS MARKET SHARE BY REGION, 2022 VS 2030 (%)
3. GLOBAL CONNECTORS IN AUTOMOTIVE WIRING HARNESS MARKET SHARE BY REGION, 2022 VS 2030 (%)
4. GLOBAL TERMINALS IN AUTOMOTIVE WIRING HARNESS BY MARKET SHARE REGION, 2022 VS 2030 (%)
5. GLOBAL OTHERS IN AUTOMOTIVE WIRING HARNESS BY MARKET SHARE REGION, 2022 VS 2030 (%)
6. GLOBALAUTOMOTIVE WIRING HARNESS MARKET SHARE BY APPLICATION, 2022 VS 2030 (%)
7. GLOBAL AUTOMOTIVE WIRING HARNESS FOR BODY MARKET SHARE BY REGION, 2022 VS 2030 (%)
8. GLOBAL AUTOMOTIVE WIRING HARNESS FOR ENGINE MARKET SHARE BY REGION, 2022 VS 2030 (%)
9. GLOBAL AUTOMOTIVE WIRING HARNESS FOR CHASSIS MARKET SHARE BY REGION, 2022 VS 2030 (%)
10. GLOBAL AUTOMOTIVE WIRING HARNESS FOR HVAC MARKET SHARE BY REGION, 2022 VS 2030 (%)
11. GLOBAL AUTOMOTIVE WIRING HARNESS FOR SENSORS MARKET SHARE BY REGION, 2022 VS 2030 (%)
12. GLOBAL AUTOMOTIVE WIRING HARNESS MARKET SHARE BY VEHICLE TYPE, 2022 VS 2030 (%)
13. GLOBAL AUTOMOTIVE WIRING HARNESS FOR PASSENGER CARS MARKET SHARE BY REGION, 2022 VS 2030 (%)
14. GLOBAL AUTOMOTIVE WIRING HARNESS FOR COMMERCIAL VEHICLES MARKET SHARE BY REGION, 2022 VS 2030 (%)
15. GLOBAL AUTOMOTIVE WIRING HARNESS MARKET SHARE BY REGION, 2022 VS 2030 (%)
16. US AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
17. CANADA AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
18. UK AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
19. FRANCE AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
20. GERMANY AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
21. ITALY AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
22. SPAIN AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
23. REST OF EUROPE AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
24. INDIA AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
25. CHINA AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
26. JAPAN AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
27. SOUTH KOREA AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
28. REST OF ASIA-PACIFIC AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
29. REST OF THE WORLD AUTOMOTIVE WIRING HARNESS MARKET SIZE, 2022-2030 ($ MILLION)
