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(USGovernment-News.Com, December 01, 2017 ) Automotive wiring harness is defined as collection of many electrical wires which are used to transfer information and energy in automobiles. As compared to the individual wires in automotive industry, automotive wiring harness are better safeguarded from the vehicular vibrations impact. The global automotive wiring harness market is growing at a very steady rate due to the increasing automobile industry.
Increasing demand for electronic safety equipment in vehicle and installation of advanced driver assistance system (ADAS) in vehicles are major drivers which are enhancing the growth of this system whereas complex wiring integration and high cost associated with the replacement of wiring harness can act as a restraining factor in the market. Increasing use of safety sensors and automated steering control systems will provide new opportunities in the market in the coming years.
Automotive Wiring Harness Market Players: 1. Sumitomo Electric
2. Lear Corporation
3. Delphi Automotive PLC
4. Yazaki Corporation
5. Furukawa Electric Co.
6. Fujikura Automotive
7. Samvardhana Motherson Group
8. Leoni AG
9. PKC Group
10. THB Group
Key questions answered in this report
What will the market size be in 2025 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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