logo
logo
Sign in

Automotive Secondary Wiring Harness Market Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2023

avatar
sagar k

Summary

Global Automotive Secondary Wiring Harness Market 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

Automotive Secondary Wiring Harness Market Overview

The global automotive secondary wiring harness could project a CAGR of roughly 11% during the forecast period (2018-2023), reveals Market Research Future (MRFR).

Surge in adoption of electric vehicles is one of the prime factors backing the growth of the Automotive Secondary Wiring Harness Market. Governments of several nations are imposing regulations that necessitate the use of several electronic systems like Anti-Lock Braking System (ABS), Electronic Stability Program (ESP.

Get Free Sample @ https://www.marketresearchfuture.com/sample_request/6091

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 Automotive Secondary Wiring Harness Market 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.

 

Regional Insight

Europe, North America, Asia Pacific (APAC) and the Rest of the World (ROW) are the primary markets for automotive secondary wiring harness.

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 Automotive Secondary Wiring Harness Market. 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 Automotive Secondary Wiring Harness Market 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).

Get Full Report @ https://www.marketresearchfuture.com/reports/automotive-secondary-wiring-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.

collect
0
avatar
sagar k
guide
Zupyak is the world’s largest content marketing community, with over 400 000 members and 3 million articles. Explore and get your content discovered.
Read more