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The global automotive wiring harness market was valued at US$ 76.1 Billion in 2021.
We expect the global automotive wiring harness market to exhibit a CAGR of 4.4% during 2022-2027.
The rising applications of automotive wiring harness to provide secure and reliable connections as well as superior performance of the vehicle are primarily driving the global automotive wiring harness market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous manufacturing units for automotive wiring harness.
Based on the application, the global automotive wiring harness market has been bifurcated into body wiring harness, engine wiring harness, chassis wiring harness, HVAC wiring harness, sensors wiring harness, and others. Among these, chassis wiring harness exhibits a clear dominance in the market.
Based on the material type, the global automotive wiring harness market can be segmented into copper, aluminum, and others. Currently, copper holds the majority of the total market share.
Based on the transmission type, the global automotive wiring harness market has been divided into data transmission and electrical wiring, where electrical wiring currently exhibits a clear dominance in the market.
Based on the vehicle type, the global automotive wiring harness market can be categorized into two wheelers, passenger cars, and commercial vehicles. Among these, passenger cars account for the majority of the global market share.
Based on the category, the global automotive wiring harness market has been segregated into general wires, heat resistant wires, shielded wires, and tubed wires. Currently, general wires hold the largest market share.
Based on the component, the global automotive wiring harness market can be bifurcated into connectors, wires, terminals, and others. Among these, wires exhibit a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia Pacific, Europe, Latin America, and Middle East and Africa, where Asia Pacific currently dominates the global market.
Some of the major players in the global automotive wiring harness market include Delphi Technologies (BorgWarner Inc.), Furukawa Electric Co. Ltd., Lear Corporation, Leoni AG, Nexans Autoelectric GmbH, PKC Group Plc (Motherson Sumi Systems Ltd.), Samvardhana Motherson Automotive Systems Group B.V., Sumitomo Electric Industries Ltd., THB Group (AmWINS Group, Inc), YAZAKI Corporation, YURA Corporation, etc.
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