NEW YORK, May 25, 2021 /PRNewswire/ -- The automotive engine wiring harness market is set to grow by USD 1.34 billion, progressing at a CAGR of over 5%during 2021-2025. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Kyungshin Co. Ltd., Lear Corp., Leoni AG, Motherson Sumi Systems Ltd., Nexans SA, Precision Cable Assemblies LLC, and Sumitomo Electric Industries Ltd. are some of the major market participants. Factors such as the increasing penetration of automotive electronics, the increasing use of advanced materials for wire harness, and the increasing demand for HEVs will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Automotive Engine Wiring Harness Market 2021-2025: Segmentation
Automotive Engine Wiring Harness Market is segmented as below:
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Automotive Engine Wiring Harness Market 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, the automotive engine wiring harness market provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Kyungshin Co. Ltd., Lear Corp., Leoni AG, Motherson Sumi Systems Ltd., Nexans SA, Precision Cable Assemblies LLC, and Sumitomo Electric Industries Ltd.
The report also covers the following areas:
The increasing penetration of automotive electronics is likely to emerge as one of the primary drivers of the market. However, the reliability issues leading to product recalls may threaten the growth of the market.
Backed with competitive intelligence and benchmarking, our research reports on the automotive engine wiring harness market are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.
Automotive Engine Wiring Harness Market 2021-2025: Key Highlights
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Table of Contents:
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by Application
Customer Landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
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