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Automotive Secondary Wiring Harness Market Size, Share Global Analysis Report, 2018 – 2025

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Automotive Secondary Wiring Harness Market By Vehicle Type (Passenger Car, Heavy Commercial Vehicle, and Light Commercial Vehicle), By Electric Vehicle Type (Battery Electric Vehicles, Hybrid Electric Vehicles, and Plug-in Hybrid Electric Vehicles), and By Application (Engine, Electronic Parking Brakes, Cabin , Electronic Gear Shift System, Body, and Chassis): Global Industry Perspective, Comprehensive Analysis, and Forecast 2018 – 2025

Industry Insights

The report covers the forecast and analysis of the Automotive Secondary Wiring Harness market on a global and regional level. The study provides historical data from 2015 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Billion). The study includes drivers and restraints of the Automotive Secondary Wiring Harness market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the Automotive Secondary Wiring Harness market on a global level.

Global Automotive Secondary Wiring Harness Market Size

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In order to give the users of this report a comprehensive view of the Automotive Secondary Wiring Harness market, we have included a competitive landscape and an analysis of Porter’s Five Forces model for the market. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness.

The report provides company market share analysis to give a broader overview of the key players in the market. In addition, the report also covers key strategic developments of the market including acquisitions & mergers, new product & service launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the market on a global and regional basis.

The study provides a decisive view of the Automotive Secondary Wiring Harness market by segmenting the market based on vehicle type, electric vehicle type, application, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.

A rise in the need for comfort in vehicles and demand for safety accessories will prompt the expansion of the automotive secondary wiring harness market over the forecast period. Nonetheless, acceptance of new wireless systems in the vehicle sector will decimate the market growth during the forecast timespan. However, the massive trend among vehicle manufacturers to introduce secured features like anti-lock braking systems, electronic braking systems, and electronic stability programs will create new growth avenues for the market during the period from 2019 to 2025.

The overall automotive secondary wiring harness industry is sectored based on vehicle type, electric vehicle type, and application. Based on the vehicle type, the industry is divided into Passenger Car, Heavy Commercial Vehicles, and Light Commercial Vehicles. In terms of electric vehicle type, the market is classified into Hybrid Electric Vehicles, Battery Electric Vehicles, and Plug-in Hybrid Electric Vehicles. Application-wise, the industry is segregated into Engine, Electronic Parking Brakes, Cabin, Electronic Gear Shift System, Body, and Chassis.

logoReport Scope

Report Attribute

Details

Market Size in 2018

USD 14.25 Billion

Projected Market Size in 2025

USD 29.11 Billion

CAGR Growth Rate

10.3% CAGR

Base Year

2020

Forecast Years

2018-2025

Key Market Players

Nexans, Cypress Holdings, Inc., Lear Corporation, Viney Corporation Limited, Fujikura Ltd., Spark Minda, Ashok Minda Group, YURA CORPORATION, YAZAKI Corporation, Federal-Mogul LLC, Samvardhana Motherson Group, Sumitomo Electric Industries, Ltd., Rajashree International, Delphi Technologies, Leoni AG, THB Group, and Furukawa Electric Co., Ltd.

Key Segment

By Vehicle Type, By Electric Vehicle Type, By Application, By Region

Major Regions Covered

North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa

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logoThis report segments the Automotive Secondary Wiring Harness market as follows:

logoSome of the key players in the market include

  • Nexans
  • Cypress Holdings Inc.
  • Lear Corporation
  • Viney Corporation Limited
  • Fujikura Ltd.
  • Spark Minda
  • Ashok Minda Group
  • YURA CORPORATION
  • YAZAKI Corporation
  • Federal-Mogul LLC
  • Samvardhana Motherson Group
  • Sumitomo Electric Industries Ltd.
  • Rajashree International
  • Delphi Technologies
  • Leoni AG
  • THB Group
  • Furukawa Electric Co.Ltd.

logo By Vehicle Type Segment Analysis

  • Passenger Car
  • Heavy Commercial Vehicle
  • Light Commercial Vehicle

logoBy Electric Vehicle Type Segment Analysis

  • Battery Electric Vehicles
  • Hybrid Electric Vehicles
  • Plug-in Hybrid Electric Vehicles

logoBy Application Segment Analysis

  • Engine
  • Electronic Parking Brakes
  • Cabin
  • Electronic Gear Shift System
  • Body
  • Chassis

logoGlobal Automotive Secondary Wiring Harness Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • Middle East and Africa

Industry Major Market Players

  •  Nexans,
  •  Cypress Holdings Inc.,
  •  Lear Corporation,
  •  Viney Corporation Limited,
  •  Fujikura Ltd.,
  •  Spark Minda,
  •  Ashok Minda Group,
  •  YURA CORPORATION,
  •  YAZAKI Corporation,
  •  Federal-Mogul LLC,
  •  Samvardhana Motherson Group,
  •  Sumitomo Electric Industries Ltd.,
  •  Rajashree International,
  •  Delphi Technologies,
  •  Leoni AG,
  •  THB Group,
  •  Furukawa Electric Co. Ltd.

Frequently Asked Questions

Automotive Secondary Wiring Harness is an assemblage of wires & cables used in the amalgamation of myriad electronic parts within any automotive. This system facilitates power transmission to various components & modules in a vehicle. Moreover, the automotive secondary wiring harness supports secured, condensed, and user-friendly operating of the electronic equipment in the vehicle. Additionally, technological breakthroughs witnessed in myriad vehicle components are likely to steer the demand for automotive secondary wiring harnesses.
According to the report, the global Automotive Secondary Wiring Harness market was valued at approximately USD 14.25 billion in 2018 and is expected to reach a value of around USD 29.11 billion by 2025, at a CAGR of around 10.3% between 2019 and 2025.
The growth of the automotive secondary wiring harness industry during the forecast timeline is due to the enormous requirement for high-end secured features in vehicles.
Asia Pacific to contribute majorly towards the overall market growth by 2025
Nexans, Cypress Holdings, Inc., Lear Corporation, Viney Corporation Limited, Fujikura Ltd., Spark Minda, Ashok Minda Group, YURA CORPORATION, YAZAKI Corporation, Federal-Mogul LLC, Samvardhana Motherson Group, Sumitomo Electric Industries, Ltd., Rajashree International, Delphi Technologies, Leoni AG, THB Group, and Furukawa Electric Co., Ltd.