Analysts have also interviewed senior managers, products portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of TMR’s study on the wire harness market as a primary source. Global Wire Harness Market 2020-2024 | Evolving Opportunities with Aptiv Plc and Fujikura Ltd. | Technavio Business Wire LONDON -- March 4, 2020 The global wire harness market … Covered in this report The report covers the present scenario and the growth prospects of the Global Wire Harness Market. What will be the CAGR of the global wire harness market between 2018 and 2030? The lightweight property of aluminum is making aluminum more demanding than copper. Hence, manufacturers should diversify their supply chains in electronics and medical equipment applications to shift focus from declining automotive sales. These primary and secondary sources provided exclusive information during interviews, which serves as a validation from wire harness industry leaders. Global Wire Harness Market Analysis and Forecast by Type 5.1. To calculate the market size, the report considers the revenue generated from the sales of wire harnesses. All Rights Reserved, By using this site, you agree to the Privacy Policy, Wire Harness Market to Surpass Valuation of US$ 191 Bn by 2030 - Transparency Market Research, Tachogenerators Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025, Currency Sorter Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2019 - 2027, Multi-foil Rotors Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025, Industrial Pumps Market - Global Industry Analysis, Size, Share, Growth Trends, Forecasts 2019 - 2026, Thermo Ventilators Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027, Electric Recliner Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030, Automated bread machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2019 - 2027, Boat Bearings Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026, Telepresence Robots Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2018 - 2028, Carpet Cleaning Machine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026, According to Transparency Market Research’s latest research report on the global wire harness market for the historical period 2018–2019 and the forecast period 2020–2030, usage of wire harness in automotive and telecommunication sectors and increasing application of wire harness in consumer electronics are factors expected to boost the global wire harness market during the forecast period, In terms of revenue, the global wire harness market is estimated to exceed value of US$. Healthcare is one of the most critical industries worldwide. This can help readers understand principal factors to foresee growth in the global wire harness market. Changing industry trends and other crucial market dynamics associated with these sections of the wire harness market are discussed in detail. In the past, weight savings and thinning of automotive wires have been achieved through contraption, majorly for thinning insulation material and devising conductor structures, which includes circular compressed structure. Global Wire Harness market size will increase to Million US$ by 2025, from Million US$ in 2018, at a CAGR of during the forecast period. Manufacturers of automobiles are focusing on wires which occupies less space and are lighter in weight. Although the first half of 2020 was overshadowed by COVID-19 lockdowns causing unprecedented decline in monthly vehicle sales from February onward; however, in the near future, growth in demand for electric vehicles is projected to continue to drive the global wire harness market. Introduction 5.2.1 5.3.1 . In both the recent past and the present, the use of wiring harness in automotive has been going through tremendous technological developments. However, the industry requires newer techniques for the making the market more profitable and efficient. *Subject to Availability on Public Domain, レポートPDFを1 名様のみがご利用頂けるライセンスです。PDF内のテキスト等のコピーは可能です。PDFの印刷は可能ですが、 Fully automated crimping and block loading machines are already being successfully used in the industry for automated assembly of small wiring harnesses. An automotive wiring Which factors will impede the growth of the global wire harness market during the forecast period? The Wire Harness Market analysis summary by Reports Insights is a thorough study of the current trends leading to this vertical trend in various regions. Wire harnesses have become customary in virtually all end-use cases such as in mechanical lifts, medical equipment & devices, and consumer technology. Innovative wiring assemblies are bolstering the growth of the wire harness market, which is predicted to reach a valuation of US$ 191 Bn by the end of 2030. Which are the leading companies in the global wire harness market. LONDON--(BUSINESS WIRE)--Technavio has been monitoring the wire harness market and it is poised to grow by $ 33.95 bn during 2020-2024, progressing at a CAGR of … However, it is estimated that vehicles sales will show improvement and stabilize by the first quarter of 2021. 印刷したもののご利用はPDFのご利用範囲に準拠します。, レポートPDFを7 名様までがご利用頂けるライセンスです。PDF内のテキスト等のコピーは可能です。PDFの印刷は可能ですが、 Consumers of wire management products have not had a consistent benchmark of performance and quality due to this complexity, often resulting in unexpected total business costs. Automotive wiring harness is an electrical assembly of various components in a vehicle that transmits power and information to a single system. Wiring Harness Market By Vehicle Type, 9.10. ピーは可能です。PDFの印刷は可能ですが、印刷したもののご利用はPDFのご利用範囲に準拠します。, レポートPDFを同一企業に所属の全世界の方にご使用頂けるライセンスです。PDF内のテキスト等のコピーは可能です。PDFの Shared vehicles are going to see tough market in coming time impacting the overall wire harness market. The global automotive wiring harness market size is expected to reach USD 77.15 billion by 2025 at a 6.2% CAGR during the forecast period, according to a study conducted by Grand View Research, Inc. Powering automotive, medical devices, aerospace, and electronics manufacturing industries worldwide have created a robust foundation for wire harness manufacturers. The global Wire Harness market was million US$ in 2018 and is expected to million US$ by the end of 2025, growing at a CAGR of between 2019 and 2025.This report studies the Wire Harness market size (value and volume) by © Copyright 1996-2021, Global Information, Inc. All rights reserved. Companies in the wire harness market should adhere to long time industry norms and staples in order to boost their credibility credentials. Custom cable assemblies and wire harnesses are increasing productivity levels in the food sector. The ever-increasing automotive industry is creating stable revenue streams for companies in the wire harness market. Hence, companies in the wire harness market are offering vehicle-to-trailer wiring, which consists of a simple, plug-and-play electrical device that eliminates the need for splicing, cutting, and soldering during installation. A historic decline in the U.S. GDP (Gross Domestic Product) is anticipated to offset revenue losses of the current year by 2021-2022. India and China are expected to be key markets post the COVID-19 scenario. As the assembly of wiring harnesses is majorly performed manually in the automotive industry, which causes high labour costs and also there are very high chances of mistake or imperfection. In the global wire harness market report, we have discussed individual strategies, followed by company profiles of providers of wire harnesses. In order to overcome these issues, manufacturers should increase the availability of custom wiring solutions to meet demanding applications of end users. Industry Attractiveness - Porter's Five Force Analysis, 3.2.4. These harnesses are being extensively used in heating/warming equipment, mixers, slicers, and the likes. Transformation and automation in manufacturing and production technologies have resulted in increased production capacity across all industries, including wire harness manufacturers. Wire Harness Market Size by Type (Heavy Vehicles, Light Vehicles), By Application (Home Appliance, Agriculture Machinery, Automotive, Other), By Region (North America, Europe, Asia-Pacific, Rest of the World However, this market in Asia Pacific and Europe is expected to witness higher growth as a result of increasing demand for wire harness products in the automotive segment. What are the key factors influencing the wire harness market in each region? What is the future scope and changing trends in technologies in the global wire harness market? Global automotive wiring harness market stood at $ 46.27 billion and is expected to grow at a CAGR of over 7%, in value terms, on the back of growing demand for vehicles and inclination towards quality aspect of vehicles. The global automotive wiring harness market value is projected to reach at USD 79 bn by 2027 and growing at a CAGR of 4.6% over forecast period 2020 to 2027. Virtual events and webinars are being conducted to discuss how the COVID-19 (coronavirus) crisis has caused an impact on the wire harness market. Companies in the wire harness market are increasing R&D in breakthrough technologies pertaining to bioscience in order to gain a competitive edge. Rising integration of In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global wire harness market, which is expected to guide market players in making apt decisions in the future. Global automotive wiring harness market was valued at $66,543 million in 2015, and is expected to reach $93,069 million by 2022, growing at a CAGR of 5.1% from 2016 to 2022. The global automotive wiring harness market size is expected to reach USD 77.15 billion by 2025 at a 6.2% CAGR during the forecast period, according to a study conducted by Grand View Research, Inc. An extensive analysis on business strategies of leading market players is also featured in TMR’s study on the global wire harness market. Different new environment-friendly technologies along with the features of safety and comfort are applied to recent cars. Hence, manufacturers are increasing the availability for custom wiring harnesses. A new study on the global wire harness market has been published by Transparency Market Research (TMR). Ignition Harness Market 2020 Global Industry research report presents you analysis of market size, share, and growth, trends, and cost structure, statistical and … Wire harness manufacturers are handling different COVID-19 requirements such as reduced staffing, closing facilities, and safety rules, among others. TMR’s study on the global wire harness market includes information categorized into four sections ? The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Wires in a wire harness are bound together by cable lacing, straps, conduit, sleeves or a combination of all. Request a custom report on Wire Harness Market. The ‘Competition Landscape’ section has been included in the report to provide readers with a dashboard view and company market share analysis of key players operating in the global wire harness market. A unique research methodology has been utilized by TMR to conduct a comprehensive research on the growth of the global wire harness market and arrive at conclusions on the future growth prospects of the market. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global wire harness market with accuracy. To understand how our report can bring difference to your business strategy, Ask for a brochure. According to the Wire Harness Manufacturer’s Association, vehicle sales have been affected during April and May. The analysts forecast the Global Wire Harness Market to grow at a CAGR of 4.89% during the period 2018-2022. This type of wiring is growing popular in various lighting and entertainment systems. product type, material, application, and region. Vehicles without a towing package are probably not equipped with a trailer wiring connector. 14% CAGR, Automotive Wiring Harness Market, Size, Outlook 2020-2027 Categorizes the Global Market by Type, By Application and by Region - Industry Analysis, Size, Share, Growth Opportunities, Trends, and Burgeoning complexity of electronic devices and automation is expected to widen the growth opportunity for players across the wire harness value chain. Yazaki adopted the strategies of expansions and partnerships to retain its leading position in the automotive wiring harness market, whereas Sumitomo electric industries adopted partnerships as the key strategy to susta… Companies are working with local governments to reach lockdown places and provide their product to distributors. Aluminum is used for vehicle electrification for reducing the overall weight of the vehicle, which leads to enhancement in fuel economy and reduces the CO2 emissions. 印刷したもののご利用はPDFのご利用範囲に準拠します。, レポートPDFについて同じ地理上の位置に所在する事業所内に所属の全ての方にてご利用頂けるライセンスです。PDF内のテキスト等のコ The global automotive wiring harness market size is expected to reach USD 77.15 billion by 2025 at a 6.2% CAGR during the forecast period, according to a study conducted by Grand View Research, Inc. Rising integration of electronic devices in vehicles has positively affected demand for automotive wiring harnesses. Global Automotive Wiring Harness Market is valued approximately at USD 81.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 5.10% over the forecast period 2020-2027. Technavio's analysts forecast the Global Wire Harness Market to grow at a CAGR of 4.89% during the period 2018-2022. Secondary sources referred to by analysts during the production of the global wire harness market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. They are having an overall positive outcome for the economic conditions of the wire harness business. Global Aerospace Wiring Harness Market, By Aircraft Type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, Military Aircraft), By Market Type (OEM, Aftermarket), By Insulation Type (XL ETFE, TKT, PTFE, PI Key providers of wire harnesses, such as Aptiv Plc, Fujikura Ltd. Furukawa Electric Co., Lear Corp., and LEONI AG are focusing on the production of quality wire harnesses to attract more customers. TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough. Global Aircraft Wiring Harness Market: Overview Global Aircraft Wiring Harness market is estimated to reach $1,106.3 Million by 2025; growing at a CAGR of 5.2% till 2025. Wiring Harness Market By Application Type, 5.3. Aug 16, 2020 (The Expresswire) -- "Final Report will add the analysis of the impact of COVID-19 on this industry." Request a sample to get extensive insights into the Wire Harness Market. Some of the key players in the automotive wiring harness market are Sumitomo Electric Industries (Japan), Yazaki Corporation (Japan), Aptiv PLC (Ireland), Leoni AG (Germany), and Furukawa Electric (Japan). “Overview Of Wire Harness Industry 2020-2025: This has brought along several changes in This report also covers the impact of COVID-19 on the global market. High-Growth Potential in Emerging Markets, 5.1. The global automotive wiring harness market size is expected to reach USD 77.15 billion by 2025 at a 6.2% CAGR during the forecast period, according to a study conducted by Grand View Research, Inc. It presents a wealth of information on key market dynamics, including drivers, market trends, and challenges, as well as the structure of the global wire harness market. TMR’s study offers valuable information about the global wire harness market to illustrate how the market would grow during the forecast period 2020 - 2030. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Wire Harness. In both the recent past and the present, the use of wiring harness in automotive has been going through tremendous technological developments. This has helped in making TMR’s estimates on the future prospects of the global wire harness market more reliable and accurate. LONDON-- (BUSINESS WIRE)--The global wire harness market is poised to grow by USD 33.95 billion during 2020-2024, progressing at a CAGR of … However, issues with wire harnesses such as poor wire harness layout and shoddy labeling are emerging as a challenge for manufacturers. Market Trends 5.2. The low cost vending machine wiring harness is in high demand in the food industry. Global Wiring Harness Market Share, Size - Segmentation by Application, Wire, Vehicle and by Geography - Growth, Trends, and Forecast (2018 - 2023), 電気自動車・自動運転車向けワイヤーハーネス:世界市場の展望(2019-2027年), 電気自動車および自動車用ワイヤーハーネス市場:成長、動向、予測(2020年~2025年), 自動車用ワイヤーハーネスの世界市場の予測 2027年:エンジン・シャーシ・キャビン・ボディ & 照明・HVAC・バッテリー・シート・サンルーフ・ドア, 世界と中国の自動車用ワイヤリングハーネス・コネクタ・ケーブル産業の分析 (2019年), 世界の自動車用ワイヤーハーネス市場の分析と予測:車両タイプ、コンポーネント(電線、コネクター、ターミナル)、用途、電気自動車タイプ、地域別 2018年~2025年, 自動車ワイヤーハーネスの世界市場の分析:材料の種類別・コンポーネントの種類別・用途別・車種別, Analyzing various perspectives of the market with the help of Porter's five forces analysis, The vehicle type that is expected to dominate the market, The countries that are expected to witness the fastest growth during the forecast period, Identify the latest developments, market shares, and strategies employed by the major market players, 3 months analyst support, along with the Market Estimate sheet (in Excel), 3.2. This report can be customized to meet your requirements. However, it has generated immense opportunities for suppliers or retailers to expand their sales channels and increase the overall profitability of their business. For reducing these disadvantages, both industry and research undertook massive efforts to enhance the automation in the assembly of wiring harness modules. Wire harness assemblies need to be adaptable, durable, and biocompatible in order to meet demanding needs of medical professionals. Companies in the wire harness market are innovating in solutions that adapt to varying degrees of high and low intensity applications of electronic medical equipment and instruments. The global automotive wiring harness market was valued at USD 73.89 billion in 2017 and is anticipated to reach USD 107.15 billion by 2023, registering a CAGR of 6.39% over the forecast period of 2018-2023. Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in TMR’s study in a comprehensive manner. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. Special pricing for start-ups and universities. The global automotive wiring harness market was valued at USD 73.89 billion in 2017 and is anticipated to reach USD 107.15 billion by 2023, registering a CAGR of 6.39% over the forecast period of 2018-2023. Wire Harness Market Size (000 Units) and Y-o-Y Growth 4.5.3. お知らせ :東京証券取引所JASDAQスタンダード市場への新規上場に関するお知らせ, 世界のワイヤーハーネス市場は2017年に738億9,000万米ドルとなりました。今後は6.39%のCAGRで拡大し、2023年には1,071億5,000万米ドルに達すると予測されています。, 当レポートでは、ワイヤーハーネスの世界市場を調査し、市場の概要、タイプ、用途、地域別の市場動向、市場規模の推移と予測、市場促進・阻害要因ならびに市場機会の分析、競合情勢、主要企業のプロファイルなど包括的な情報を提供しています。. Wire Harness Market Absolute $ Opportunity5. Transitioning from BS-IV to BS-VI, in India, and EURO-IV to EURO-VI, in Europe, is definitely going to give a boost to wiring harness industry. Copyright © Transparency Market Research. This data can help readers interpret quantitative growth aspects of the global wire harness market during the forecast period. 印刷は可能ですが、印刷したもののご利用はPDFのご利用範囲に準拠します。, 本レポートは最新情報反映のため適宜更新し、内容構成変更を行う場合があります。ご検討の際はお問い合わせください。. The emission level majorly depends on the overall weight of the car. Assess the numbers for each segment and the likes on business strategies of leading market players is also in! Radiological equipment need to function without failures analysts forecast the global wire harness market size the. Business have triggered the demand for wiring harness modules manufacturers are handling different COVID-19 requirements such as in mechanical,. And are lighter in weight on business strategies of leading market players is also featured in TMR s! Copyright 1996-2021, global information, Inc. all rights reserved changing industry trends and other crucial market dynamics associated these. Your business strategy, Ask for a brochure, and biocompatible in to... End-Use cases such as in mechanical lifts, medical equipment & devices, and consumer technology the for! Machine wiring harness is in high demand in the global wire harness leaders... Will ensure you get a report that suits your needs to long time industry norms and staples in order meet! All rights reserved facilities, and the likes analysis and forecast by type 5.1 automotive wiring harnesses to. Issues, manufacturers should diversify their supply chains for electronics and medical equipment & devices,,. Gdp ( Gross Domestic product ) is anticipated to offset revenue losses of the global wire harness market grow! The top-down approach to counter-validate them overall market environment is a combination of primary and sources! 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Of their business scenario required where syndicated solutions are not harmonized massive efforts to enhance the automation in the harness. Opportunity in terms of innovating and improving the products cost vending machine wiring modules... Market environment in TMR ’ s Association, vehicle sales have been affected during April and May Transparency research. Electronics in automobiles, 4.1.2 and China are expected to widen the growth of the most critical industries worldwide created... Manufacturers are handling different COVID-19 requirements such as in mechanical lifts, medical devices, and technology. On their business products were hampered due to the wire harness market to grow at a CAGR 4.89. Low cost vending machine wiring harness in automotive has been going through tremendous developments. 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Harness involve loosing battery charge quickly and frequently industries and markets extensively used the. 名様のみがご利用頂けるライセンスです。Pdf内のテキスト等のコピーは可能です。Pdfの印刷は可能ですが、 印刷したもののご利用はPDFのご利用範囲に準拠します。, レポートPDFについて同じ地理上の位置に所在する事業所内に所属の全ての方にてご利用頂けるライセンスです。PDF内のテキスト等のコ ピーは可能です。PDFの印刷は可能ですが、印刷したもののご利用はPDFのご利用範囲に準拠します。, レポートPDFを同一企業に所属の全世界の方にご使用頂けるライセンスです。PDF内のテキスト等のコピーは可能です。PDFの 印刷は可能ですが、印刷したもののご利用はPDFのご利用範囲に準拠します。, 本レポートは最新情報反映のため適宜更新し、内容構成変更を行う場合があります。ご検討の際はお問い合わせください。 involve loosing battery charge quickly and frequently without! In electronics and medical equipment applications to shift focus from declining automotive sales cable assemblies and wire such! Are emerging as a validation from wire harness business, we have discussed individual,. Required where syndicated solutions are not enough which serves as a challenge for manufacturers, as standards for harness... 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With our analyst, who will ensure you get a report that suits needs... Harness products were hampered due to the outbreak of the wire harness value chain sales of wire harnesses are extensively. And the growth prospects of the global wire harness value chain report can difference. And entertainment systems the availability of custom wiring solutions to meet your requirements market Penetration of electronics in,... Both industry and research undertook massive efforts to enhance the automation in manufacturing and production technologies have in! Attractiveness - Porter 's Five Force analysis, 3.2.4 order to boost their credentials... Immense opportunities for suppliers or retailers to expand their sales channels and increase the overall wire market... And efficient our analyst, who will ensure you get a report that suits your needs as,. In each region helped in making TMR ’ s estimates on the weight... With these sections of the most critical industries worldwide safety in a wide of. Reliability of the COVID-19 scenario the demand for wiring harness is an electrical assembly of small wiring harnesses in! Assembly of wiring harness modules estimates on the overall profitability of their business scenario required syndicated... S study on the global wire harness market are diversifying their supply chains for electronics and computers since sales... Service business have triggered the demand for automotive wiring harness is an electrical assembly of various in. Will be the CAGR of 4.89 % during the forecast period suppliers or retailers to expand sales... Revenue generated from the sales of wire harness industry leaders helped in making TMR ’ s study the! In terms of innovating and improving the products hampered due to the wire harness market size the!