Uploaded on Apr 9, 2020
Auto Secondary Wiring Harness Industry
Auto Secondary Wiring Harness Industry
Summary
Global Auto Secondary Wiring Harness Industry Report Information by Application (Cabin, Door
Harness, Engine, Electronic Parking Brakes, Airbag Harness, and Electronic Gear Shift System), by
Vehicle Type (ICE and EV), by Region- Forecast till 2023
Auto Secondary Wiring Harness Industry Overview
In automotive industry, various technologies have evolved tremendously in the recent years that has
led to an increase in the number of complex and high-end electric & electronic systems used in
vehicle. The installation rate of secondary wiring harnesses in a vehicle has increased due to
technologies such as advanced infotainment system and safety & security system. Hence, the rising
inclination for high-end electronics is driving the demand for secondary wiring harness. The global
automotive secondary wiring harness could project a CAGR of roughly 11% during the forecast
period (2018-2023), reveals Market Research Future (MRFR).
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Escalating demand for vehicle comfort as well as safety accessories could provide lucrative
opportunities to the worldwide Auto Secondary Wiring Harness Industry. Apart from this, the world
over, various wiring harness manufacturing vendors are striving to develop secondary wiring
harness systems that give back-up to high-technology systems like lighting systems, infotainment
systems, connectivity technology, and electronic brakes. Such technological innovations are bound
to elevate the market position in subsequent years.
Key Players
The types of vehicles that employ automotive secondary wiring harness include internal combustion
engine (ICE) and electric vehicle (EV). ICE comprises passenger vehicles, light commercial vehicle,
and heavy commercial vehicle. Whereas EV consists of hybrid electric vehicle (HEV), battery
electrical vehicle (BEV) and plug-in hybrid electric vehicle (PHEV).
Market Segmentation
The worldwide Auto Secondary Wiring Harness Industry Market has been categorized with context
to application and vehicle type.
Various applications of automotive secondary wiring harness are door harness, cabin, electronic
parking brakes, engine, electronic gear shift system, and airbag harness. The cabin segment can be
split into lighting, infotainment, steering wheel harness, and seat harness while the door harness
segment includes power door lock harness, power mirror, and door handle harness. Airbag harness
enjoys robust demand due to rising installations of extra airbag in latest vehicle models along with
the increasing mandates for automotive safety.
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harness-market-6091
About Market Research Future
At Market Research Future (MRFR), we enable our customers to unravel the complexity of
various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports
(HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market
Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and
intelligence services to our clients. Our market research studies by products, services,
technologies, applications, end users, and market players for global, regional, and country level
market segments, enable our clients to see more, know more, and do more, which help to
answer all their most important questions.
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Regional Insight
Europe, North America, Asia Pacific (APAC) and the Rest of the World (ROW) are the primary markets
for automotive secondary wiring harness.
Asia Pacific could be the leading market for automotive secondary wiring harness in the near future,
as a result of the expansive population and rising middle class. These factors are influencing the
automotive sales in a positive way in the region. Increasing use of advanced systems and vehicle
production in the region owing to robust demand for premium vehicles has intensified the demand
for automotive secondary wiring harness. The region is also noting immense infrastructure
development which has done wonders for the market in recent years. This is a critical factor that
helps augment the demand for heavy vehicles that need advanced technology automotive wiring for
heat insulation.
Germany is touted to be the most profitable market for automotive secondary wiring harness in
Europe during the forecast period. Germany is one of the prominent technology hubs of automotive
industry in the world, and it also houses a huge number of esteemed players. This gives a substantial
boost to the regional market in the process.
North America stands as an important market for Auto Secondary Wiring Harness Industry. The
region is known for having a highly lucrative market for premium vehicles, which could benefit the
automotive secondary wiring harness automotive wiring harness market as well. Moreover, there
has been exponential demand for extra safety and convenience features in mid-segment vehicles in
the region. The sum of these factors is expected to significantly push the growth of the regional
market in the following years.
Renowned Players
Highly renowned vendors operating in the worldwide Auto Secondary Wiring Harness Industry
include Ashok Minda Group (India), Aptiv PLC (UK), Yazaki Corporation. (Japan), and Furukawa
Electric Co., Ltd. (Japan), Sumitomo Electric Industries, Ltd. (Japan), Lear Corporation. (US), Leoni AG
(Germany), Samvardhana Motherson Group. (India), Spark Minda, Nexans (France), and THB Group.
(China).
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