Auto Wiring Harness Market Size at $43.5 Billion in 2015, Forecasts a New Global and China Industry Research Report

DALLAS, December 8, 2014 /PRNewswire/ --

RnRMarketResearch.com adds "Global and China Automotive Wiring Harness Industry Report, 2014-2015" market research report of 103 pages with latest updates, data and information to its online business intelligence library.

The Global and China Automotive Wiring Harness Industry Report, 2014-2015 estimates that in 2015 the copper price will go on slumping, Chinese automotive market growth slacken to be 5%, European market continue depressed, American market will be slightly better. Thus, global automotive wiring harness market growth is forecasted to slow down continuingly, there will be lawsuits against wiring harness price manipulation continuously, the wiring harness companies will be forced to lower the price for playing up to administrative institutions and automakers, and the market size will get small growth of 1.3% to attain USD43.5 billion. Complete report is available at http://www.rnrmarketresearch.com/global-and-china-automotive-wiring-harness-industry-report-2014-2015-market-report.html .

Global automotive wiring harness market totaled USD24.3 billion in 2009, and rebounded in 2010 especially fueled by explosive growth in Chinese market, plus the skyrocketing copper price, the market size rose by 27.7% to USD31.9 billion. In 2011, the market size also ascended supported by continuously increasing copper price and improved automotive electronization. In 2012, benefited from North America, Japan and xEV market demand, wiring harness market kept growth of 10.5%. In 2013, slumping copper price, sluggish European economy and slipped sales volume of automobile in Europe caused the slowdown of wiring harness market, with growth rate merely 3.3%. In 2014, European economy extended its gloomy situation, Chinese automotive market fell down month by month, American market presented good performance, copper price continued declining, and Japanese Yen kept depreciation. Under such background, the wiring harness market in 2014 is projected to continue slowdown with growth rate only 2.6%.

In 2014, China penalized three Japanese wiring harness manufacturers in the name of antimonopoly, so Japanese players reduced their investment in Chinese Mainland. The three big players including SEI, YAZAKI and FURUKAWA ELECTRIC got decreased sales from their bases in Chinese Mainland. Conversely, these Japanese players strengthened their investment in North America and Southeast Asia. Take YAZAKI as example, it recruited a large number of workers in North America, which made the total employees up over 20% till end of June 2014. It also vigorously expanded capacity in Thailand, Philippines and Vietnam.

Delphi continued to increase its investment in China. On one hand, it set up new production base in Tianjin; on the other hand, it expanded its capacity in Wuhan plant. LEONI invested Tieling of Liaoning in Dec.2013 and built new production base.

The Global and China Automotive Wiring Harness Industry Report, 2014-2015, available for purchase at http://www.rnrmarketresearch.com/contacts/purchase?rname=248691 , provides data and information analysis on Global automobile market, China automobile market, Global automotive wiring harness market and industry, China automotive wiring harness market and industry and 18 global automotive wiring harness companies. These companies are Sumitomo Electric, Delphi, Yazaki, Leoni, Furukawa Electric, Gold Peak Industries, Lear, Nantong Unistar Electro-Mechanical Industries, Kyungshin Industrial, Coroplast, Kunshan Hu Guang Auto Harness, THB, Kromberg & Schubert, Fujikura, Qingdao Yujin Electro-Circuit Systems, YURA, Hefei Jianghuai Xinfa Automobile and PKC.

Another report on same lines, Automotive Wiring Harness Market by Vehicle Type (Light Vehicles, Heavy Vehicles), Application Type (Chassis, Body Engine, HVAC, Speed Sensors), by Geography - Global Trends and Forecast to 2019 is spread across 250 pages as it classifies and defines the automotive wiring harness market in terms of volume and value. It provides a comprehensive analysis and insights on the automotive wiring harness (both - qualitative and quantitative). It highlights potential growth opportunities in the coming years as well as it reviews the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to automotive wiring harness system.

Companies like Furukawa Electric Co. Ltd, Delphi Automotive LLP, Lear Corporation, Yazaki Corporation, Sumitomo Electric Industries, Samvardhana Motherson Group, Leoni Ag, Nexans Autoelectric, Minda Automotive Solution and THB Group are profiled in this research available at http://www.rnrmarketresearch.com/automotive-wiring-harness-market-by-vehicle-type-light-vehicles-heavy-vehicles-application-type-chassis-body-engine-hvac-speed-sensors-by-geography-global-trends-and-forecast-to-2019-market-report.html .

The EU: Parts And Accessories Of Motor Vehicles - Market Report. Analysis and Forecast to 2020 is an on-demand research report that is delivered within 3-4 business days of ordering it. It presents the latest data of the market size and volume, domestic production, exports and imports, price dynamics and turnover in the industry. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading companies and brands are also included. Countries covered in this research include Austria, Belgium, Bulgaria, Czech Republic, Denmark, Germany, Estonia, Ireland, Greece, Spain, France, Croatia, Italy, Cyprus, Latvia, Lithuania, Luxembourg, Hungary, Malta, Netherlands, Poland, Portugal, Romania, Slovenia, Slovakia, Finland, Sweden and United Kingdom. Product coverage of this report includes Chassis fitted with engines, for motor vehicles and parts and accessories of motor vehicles, other than chassis fitted with engines (including brakes, gear boxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, clutches, steering wheels, steering columns, steering boxes, and parts thereof). Complete report is available at http://www.rnrmarketresearch.com/eu-parts-and-accessories-of-motor-vehicles-market-report-analysis-and-forecast-to-2020-market-report.html .

Explore more reports on the automotive market at http://www.rnrmarketresearch.com/reports/automotive-transportation/automotive .

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