Global Automotive Wiring Harness Market to be Valued at US$80.5 bn by 2021 with Rising Production of Premium Passenger Cars

ResearchMoz added Latest Research Report titled " Automotive Wiring Harness Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 " to it's Large Report database.

This is a market research report which undergoes an in-depth analysis of automotive wiring harness market from a global perspective and provides estimates in terms of revenue (USD billion) from 2015 to 2021. Comprehensive analysis of the automotive wiring harness market from all the different dimensions of the market is provided in the report. It includes the drivers and restrains impacting the market. The report also analyses the impact of the drivers, restrains and opportunities over the forecast period. Market opportunities of automotive wiring harness are also included in the report. Automotive wiring harness finds application in both heavy vehicles and light vehicles. Automotive wiring harness is one of the main components as it handles the overall current flow across all the components of a vehicle including its wipers, lights, electronic devices and other electrical components. The reasons for substantial growth in demand for automobiles are the increase in adoption of new technologies used in vehicles and stable financial condition in the countries of Asia Pacific. These factors are responsible for increase for the demand in the automotive wiring harness market. Moreover, the increasing awareness about vehicle safety is also driving the growth of automotive wiring harness as the safety features fitted in automobiles requires complex setup of body wiring harness and speed sensors wiring harness. Moreover the Government norms and regulation on vehicle safety is also driving the automotive wiring harness market globally.

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The most attractive market for automotive wiring harness is Asia-Pacific. Increase in use of speed sensors wiring harness and HVAC wiring harness due to more demands of premium vehicles along with the rise of upper middle class in the Asia Pacific region are the major factors increasing the demand for automotive wiring harness market. Infrastructural development in the Asia-Pacific is also driving the automotive wiring harness market as it increases the demand for heavy vehicles which requires technologically upgraded automobile wires and cables with heat insulation. Moreover, emerging countries such as India and China manufacture a large number of both heavy vehicles and light vehicles in the Asia Pacific region which also drives the demand for automotive wiring harness. Asia Pacific is followed by North America from the market attractiveness point of view. Reliable, high-quality, and powerful wiring harnesses are in great demand in the North America automotive market. The wiring harness market in North America generates most of its revenue from sales in the comfort and luxury automobile segment. Majority of vehicles in North America are equipped with safety features and high end devices due to strict Government norms in the automobile sector. However, Europe held the maximum market share for automotive wiring harness. Most of the vehicles in Europe is equipped with high tech devices and advanced electronic devices which require the usage of body wiring harness. Moreover the Europe market is dominated by premium automobile manufacturers producing premium cars. These vehicles have a very high top speed and require speed sensors for optimum performance. This creates demand for speed sensors wiring harness.

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Table of Content

Chapter 1 Preface
1.1 Report Description
1.2 Research Scope
1.3 Research Methodology

Chapter 2 Executive Summary

Chapter 3 Global Overview
3.1 Introduction
3.2 Key Trends Analysis
3.3 Market Drivers
3.3.1 Supply Side: Technological advancement in wiring harness system
3.3.2 Demand Side: Increase in overall vehicle production
3.3.3 Economic Drivers: Reduction in prices of automotive wiring harness
3.4 Market Restraints
3.4.1 High cost of automotive wiring harness
3.4.2 Maintenance issues involved in automotive wiring harness
3.5 Market opportunities
3.5.1 Wiring harness for alternate energy vehicles
3.5.2 Automotive Ethernet cables for the future
3.6 Automotive Wiring Harness: Market attractiveness analysis
3.7 Competitive Landscape
3.7.1 Automotive Wiring Harness Market: Market Positioning of Key Players
3.7.2 Competitive Strategies Adopted by Leading Players

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