Automotive Wiring Harness Market size is set to grow by USD 12,286.48 million from 2022 to 2027: The increasing use of hybrid powertrains in vehicles to be a major trend - Technavio

NEW YORK, June 19, 2023 /PRNewswire/ -- The automotive wiring harness market size is forecast to increase by USD 12,286.48 million from 2022 to 2027, at a CAGR of 4.68%, according to the recent market study by Technavio. The growth of the market will be driven by the increasing penetration of automotive electronics, increasing demand for battery electric vehicles (BEVs), and increasing use of advanced materials for wire harnesses. Charts & data tables about market and segment sizes for a historic period of five (2017-2021) years have been covered in this report. Download The Sample Report

Technavio has extensively analyzed 15 major vendors, including Aptiv, Assembly Solutions Ltd., Coroplast Fritz Muller GmbH and Co. KG, Cypress Holdings Ltd. dba Cypress Industries, Eugen Forschner GmbH, Fritz Draxlmaier GmbH and Co. KG, Fujikura Co. Ltd., Furukawa Electric Co. Ltd., Kromberg and Schubert Automotive GmbH and Co. KG, Lear Corp., Leoni AG, Minda Corp. Ltd., Motherson Sumi Systems Ltd., Nexans SA, Precision Cable Assemblies LLC, Prysmian Spa, Sumitomo Corp., Tianhai Auto Electronics Group Co. Ltd., Yazaki Corp., and YURA Corp.

Get a holistic overview of the Automotive Wiring Harness market by industry experts to evaluate and develop growth strategies. Download the Sample

Key Benefits for Industry Players & Stakeholders – 

• The report offers information on the criticality of vendor inputs, including R&D, CAPEX, and technology.
• It also provides detailed analyses of the market's competitive landscape and vendors' product offerings.
• The report also provides a qualitative and quantitative analysis of vendors to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

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Automotive wiring harness market - Segmentation assessment

This automotive wiring harness market report extensively covers market segmentation by application (chassis, engine, HVAC, sensors, and body), vehicle type (passenger vehicles and commercial vehicles), and geography (APAC, Europe, North America, South America, and Middle East and Africa). 

• The market share growth by the chassis segment will be significant for the market's growth during the forecast period. The growth of this segment is driven by factors such as various applications of wiring harnesses in chassis and their control systems. Other factors fueling the segment's growth are the growing integration of automotive electronics in automotive chassis control systems and the growing demand for a premium or luxury-segment vehicles.

To get detailed insights about inclusions and exclusions, buy the report

Automotive wiring harness market - Market Dynamics

Key Drivers

The use of advanced materials in the global automotive wiring harness market is increasing. This results in improved performance but also higher manufacturing costs. Furthermore, extreme temperatures, pressure, and exposure to foreign elements make the use of advanced electrical materials necessary.

The vendors focus on the use of advanced grades of insulators, conductors, and sheaths for wires and cables. Moreover, high-grade copper or aluminum is used for manufacturing conductor materials, which provides resistance to high-temperature excursions and abrasions, enabling high mechanical performance. Hence, such factors drive the market growth during the forecast period.

Major Trends

The increasing use of hybrid powertrains in vehicles leads to a higher demand for wiring harnesses in automotive powertrains. This can be attributed to the use of additional battery packs and electric motors, which require more wiring for transferring data and electric signals.

Due to the growing focus on better fuel efficiency and stricter vehicular emission norms, more OEMs are offering hybrid powertrains in their models. Hence, such trends influence the growth of the market during the forecast period.

Significant Challenges

Regulatory norms and standards on safety and vehicular emissions govern the global automotive industry. This includes the market in focus. Such regulations present challenges to wiring harness manufacturers, who must meet quality standards and specifications.

As wiring harnesses transfer electrical signals and currents, regulatory institutions have set stringent quality standards to address the potential risks and dangers. For instance, ISO 6469-3 and FMVSS 305 are performance criteria that ensure the safety of the person handling the harness. Hence, such challenges hinder the market growth during the forecast period.

What are the key data covered in this Automotive Wiring Harness Market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the automotive wiring harness market between 2023 and 2027
• Precise estimation of the size of the automotive wiring harness market and its contribution to the market with a focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the automotive wiring harness market across APAC, Europe, North America, South America, and Middle East and Africa
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of automotive wiring harness market vendors

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Table of Contents

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022 

• 3.4 Market outlook: Forecast for 2022-2027
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global automotive wiring harness market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global automotive wiring harness market 2017 - 2021 ($ million)

• 4.2 Applicaton Segment Analysis 2017 - 2021
• Exhibit 19: Historic Market Size – Applicaton Segment 2017 - 2021 ($ million)

• 4.3 Vehicle type Segment Analysis 2017 - 2021
• Exhibit 20: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ million)

• 4.4 Geography Segment Analysis 2017 - 2021
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)

• 4.5 Country Segment Analysis 2017 - 2021
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 30: Chart on Application - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 32: Chart on Comparison by Application
• Exhibit 33: Data Table on Comparison by Application

• 6.3 Chassis - Market size and forecast 2022-2027
• Exhibit 34: Chart on Chassis - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Data Table on Chassis - Market size and forecast 2022-2027 ($ million)
• Exhibit 36: Chart on Chassis - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on Chassis - Year-over-year growth 2022-2027 (%)

• 6.4 Engine - Market size and forecast 2022-2027
• Exhibit 38: Chart on Engine - Market size and forecast 2022-2027 ($ million)
• Exhibit 39: Data Table on Engine - Market size and forecast 2022-2027 ($ million)
• Exhibit 40: Chart on Engine - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Engine - Year-over-year growth 2022-2027 (%)

• 6.5 HVAC - Market size and forecast 2022-2027
• Exhibit 42: Chart on HVAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on HVAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on HVAC - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on HVAC - Year-over-year growth 2022-2027 (%)

• 6.6 Sensors - Market size and forecast 2022-2027
• Exhibit 46: Chart on Sensors - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Sensors - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Sensors - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Sensors - Year-over-year growth 2022-2027 (%)

• 6.7 Body - Market size and forecast 2022-2027
• Exhibit 50: Chart on Body - Market size and forecast 2022-2027 ($ million)
• Exhibit 51: Data Table on Body - Market size and forecast 2022-2027 ($ million)
• Exhibit 52: Chart on Body - Year-over-year growth 2022-2027 (%)
• Exhibit 53: Data Table on Body - Year-over-year growth 2022-2027 (%)

• 6.8 Market opportunity by Application 
• Exhibit 54: Market opportunity by Application ($ million)

7 Market Segmentation by Vehicle Type

• 7.1 Market segments 
• Exhibit 55: Chart on Vehicle Type - Market share 2022-2027 (%)
• Exhibit 56: Data Table on Vehicle Type - Market share 2022-2027 (%)

• 7.2 Comparison by Vehicle Type 
• Exhibit 57: Chart on Comparison by Vehicle Type
• Exhibit 58: Data Table on Comparison by Vehicle Type

• 7.3 Passenger vehicles - Market size and forecast 2022-2027 
• Exhibit 59: Chart on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 60: Data Table on Passenger vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Chart on Passenger vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 62: Data Table on Passenger vehicles - Year-over-year growth 2022-2027 (%)

• 7.4 Commercial vehicles - Market size and forecast 2022-2027 
• Exhibit 63: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 64: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
• Exhibit 66: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Vehicle Type 
• Exhibit 67: Market opportunity by Vehicle Type ($ million)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 68: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 69: Chart on Market share by geography 2022-2027 (%)
• Exhibit 70: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 71: Chart on Geographic comparison
• Exhibit 72: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 77: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 79: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 81: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 83: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 South America - Market size and forecast 2022-2027
• Exhibit 85: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 87: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.7 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 89: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 91: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.8 China - Market size and forecast 2022-2027
• Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.9 US - Market size and forecast 2022-2027
• Exhibit 97: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 99: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.10 Japan - Market size and forecast 2022-2027
• Exhibit 101: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 102: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 103: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 104: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.11 Germany - Market size and forecast 2022-2027
• Exhibit 105: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 106: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 107: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 108: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 9.12 South Korea - Market size and forecast 2022-2027
• Exhibit 109: Chart on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 110: Data Table on South Korea - Market size and forecast 2022-2027 ($ million)
• Exhibit 111: Chart on South Korea - Year-over-year growth 2022-2027 (%)
• Exhibit 112: Data Table on South Korea - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 113: Market opportunity by geography ($ million)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers 

• 10.2 Market challenges 

• 10.3 Impact of drivers and challenges 
• Exhibit 114: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends 

11 Vendor Landscape

• 11.1 Overview 

• 11.2 Vendor landscape 
• Exhibit 115: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 116: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 117: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 118: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 119: Matrix on vendor position and classification

• 12.3 Aptiv 
• Exhibit 120: Aptiv - Overview
• Exhibit 121: Aptiv - Business segments
• Exhibit 122: Aptiv - Key offerings
• Exhibit 123: Aptiv - Segment focus

• 12.4 Fujikura Co. Ltd. 
• Exhibit 124: Fujikura Co. Ltd. - Overview
• Exhibit 125: Fujikura Co. Ltd. - Business segments
• Exhibit 126: Fujikura Co. Ltd. - Key news
• Exhibit 127: Fujikura Co. Ltd. - Key offerings
• Exhibit 128: Fujikura Co. Ltd. - Segment focus

• 12.5 Furukawa Electric Co. Ltd. 
• Exhibit 129: Furukawa Electric Co. Ltd. - Overview
• Exhibit 130: Furukawa Electric Co. Ltd. - Business segments
• Exhibit 131: Furukawa Electric Co. Ltd. - Key news
• Exhibit 132: Furukawa Electric Co. Ltd. - Key offerings
• Exhibit 133: Furukawa Electric Co. Ltd. - Segment focus

• 12.6 Kromberg and Schubert Automotive GmbH and Co. KG
• Exhibit 134: Kromberg and Schubert Automotive GmbH and Co. KG - Overview
• Exhibit 135: Kromberg and Schubert Automotive GmbH and Co. KG - Product / Service
• Exhibit 136: Kromberg and Schubert Automotive GmbH and Co. KG - Key offerings

• 12.7 Lear Corp. 
• Exhibit 137: Lear Corp. - Overview
• Exhibit 138: Lear Corp. - Business segments
• Exhibit 139: Lear Corp. - Key news
• Exhibit 140: Lear Corp. - Key offerings
• Exhibit 141: Lear Corp. - Segment focus

• 12.8 Leoni AG 
• Exhibit 142: Leoni AG - Overview
• Exhibit 143: Leoni AG - Business segments
• Exhibit 144: Leoni AG - Key news
• Exhibit 145: Leoni AG - Key offerings
• Exhibit 146: Leoni AG - Segment focus

• 12.9 Minda Corp. Ltd. 
• Exhibit 147: Minda Corp. Ltd. - Overview
• Exhibit 148: Minda Corp. Ltd. - Product / Service
• Exhibit 149: Minda Corp. Ltd. - Key news
• Exhibit 150: Minda Corp. Ltd. - Key offerings

• 12.10 Motherson Sumi Systems Ltd. 
• Exhibit 151: Motherson Sumi Systems Ltd. - Overview
• Exhibit 152: Motherson Sumi Systems Ltd. - Business segments
• Exhibit 153: Motherson Sumi Systems Ltd. - Key news
• Exhibit 154: Motherson Sumi Systems Ltd. - Key offerings
• Exhibit 155: Motherson Sumi Systems Ltd. - Segment focus

• 12.11 Nexans SA 
• Exhibit 156: Nexans SA - Overview
• Exhibit 157: Nexans SA - Business segments
• Exhibit 158: Nexans SA - Key offerings
• Exhibit 159: Nexans SA - Segment focus

• 12.12 Precision Cable Assemblies LLC 
• Exhibit 160: Precision Cable Assemblies LLC - Overview
• Exhibit 161: Precision Cable Assemblies LLC - Product / Service
• Exhibit 162: Precision Cable Assemblies LLC - Key offerings

• 12.13 Prysmian Spa 
• Exhibit 163: Prysmian Spa - Overview
• Exhibit 164: Prysmian Spa - Business segments
• Exhibit 165: Prysmian Spa - Key offerings
• Exhibit 166: Prysmian Spa - Segment focus

• 12.14 Sumitomo Corp. 
• Exhibit 167: Sumitomo Corp. - Overview
• Exhibit 168: Sumitomo Corp. - Business segments
• Exhibit 169: Sumitomo Corp. - Key news
• Exhibit 170: Sumitomo Corp. - Key offerings
• Exhibit 171: Sumitomo Corp. - Segment focus

• 12.15 Tianhai Auto Electronics Group Co. Ltd.
• Exhibit 172: Tianhai Auto Electronics Group Co. Ltd. - Overview
• Exhibit 173: Tianhai Auto Electronics Group Co. Ltd. - Product / Service
• Exhibit 174: Tianhai Auto Electronics Group Co. Ltd. - Key offerings

• 12.16 Yazaki Corp. 
• Exhibit 175: Yazaki Corp. - Overview
• Exhibit 176: Yazaki Corp. - Product / Service
• Exhibit 177: Yazaki Corp. - Key offerings

• 12.17 YURA Corp. 
• Exhibit 178: YURA Corp. - Overview
• Exhibit 179: YURA Corp. - Product / Service
• Exhibit 180: YURA Corp. - Key offerings

13 Appendix

• 13.1 Scope of the report 

• 13.2 Inclusions and exclusions checklist
• Exhibit 181: Inclusions checklist
• Exhibit 182: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 183: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 184: Research methodology
• Exhibit 185: Validation techniques employed for market sizing
• Exhibit 186: Information sources

• 13.5 List of abbreviations 
• Exhibit 187: List of abbreviations

About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact
Technavio Research
Jesse Maida
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UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com

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