Market Overview:
United States automotive wiring harness market size reached US$ 10.18 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 14.24 Billion by 2032, exhibiting a growth rate (CAGR) of 3.45% during 2024-2032. The growing demand for reliable automotive components that reduce the risks of electric failures, increasing adoption of electric vehicles (EVs), and rising need to ensure the safety of drivers represent some of the key factors driving the market.
Report Attribute
|
Key Statistics
|
Base Year
|
2023 |
Forecast Years
|
2024-2032 |
Historical Years
|
2018-2023
|
Market Size in 2023 |
US$ 10.18 Billion |
Market Forecast in 2032 |
US$ 14.24 Billion |
Market Growth Rate (2024-2032) |
3.45% |
An automotive wiring harness, also known as a cable harness or wiring loom, is a crucial component in modern vehicles that plays a pivotal role in connecting various electrical components. It is designed with shielding and grounding techniques that help reduce electromagnetic interference (EMI). It can withstand the harsh automotive environment, such as high temperatures, vibrations, and moisture. It serves as a network of wires, cables, and connectors that efficiently transmit power and signals to different parts of the vehicle, ensuring the seamless functioning of vital systems, such as the engine, lighting, infotainment, and safety. It organizes and protects multiple wires within a vehicle and prevents clutter. It simplifies the electrical connections within a vehicle and reduces the risk of wire damage, short circuits, and electrical malfunctions. It allows technicians to easily identify and address problems within the harness and lower downtime and repair costs. It facilitates the flow of information and power, thus enabling smooth operations. It also simplifies the installation process during vehicle assembly by providing pre-configured and pre-terminated connections. As it is beneficial in maintaining vehicle functionality and safety, the demand for automotive wiring harness is rising in the United States.
United States Automotive Wiring Harness Market Trends:
The escalating demand for automotive wiring harnesses to ensure the safety of drivers represents one of the major factors influencing the market positively in the United States. Additionally, the increasing adoption of automotive wiring harnesses, as they can support features like advanced driver assistance systems (ADAS), infotainment systems, and electric drivetrains, is impelling the growth of the market in the country. Apart from this, there is a rise in the demand for high quality wiring harnesses to reduce the risks of electric failures in a vehicle. This, coupled with the growing utilization of automotive wiring harnesses, as they enable the integration of a wide range of electrical components and systems, is offering a positive market outlook in the country. Moreover, the increasing adoption of electric vehicles (EVs) among the masses is bolstering the growth of the market. In line with this, governing agencies in the US is implementing stringent safety regulations and standards to ensure the safe operation of vehicles, which is strengthening the market growth. Furthermore, the rising development of charging infrastructure for electric vehicles (EVs) is providing lucrative growth opportunities to industry investors. In addition, advancements in wiring harness materials, design, and manufacturing processes are enhancing their performance and reliability, which is contributing to the market growth in the country. The increasing demand for efficient and reliable wiring harnesses is also propelling the market growth.
United States Automotive Wiring Harness Market Segmentation:
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country level for 2024-2032. Our report has categorized the market based on component, category, vehicle type, transmission type, material type, and application.
Component Insights:
- Connectors
- Wires
- Terminals
- Others
The report has provided a detailed breakup and analysis of the market based on the component. This includes connectors, wires, terminals, and others.
Category Insights:
- General Wires
- Heat Resistant Wires
- Shielded Wires
- Tubed Wires
A detailed breakup and analysis of the market based on the category have also been provided in the report. This includes general wires, heat resistant wires, shielded wires, and tubed wires.
Vehicle Type Insights:
- Two Wheelers
- Passenger Cars
- Commercial Vehicles
The report has provided a detailed breakup and analysis of the market based on the vehicle type. This includes two wheelers, passenger cars, and commercial vehicles.
Transmission Type Insights:
- Data Transmission
- Electrical Wiring
A detailed breakup and analysis of the market based on the transmission type have also been provided in the report. This includes data transmission and electrical wiring.
Material Type Insights:
The report has provided a detailed breakup and analysis of the market based on the material type. This includes copper, aluminum, and others.
Application Insights:
- Body Wiring Harness
- Engine Wiring Harness
- Chassis Wiring Harness
- HVAC Wiring Harness
- Sensors Wiring Harness
- Others
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes body wiring harness, engine wiring harness, chassis wiring harness, HVAC wiring harness, sensors wiring harness, and others.
Regional Insights:
- Northeast
- Midwest
- South
- West
The report has also provided a comprehensive analysis of all the major regional markets, which include Northeast, Midwest, South, and West.
Competitive Landscape:
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
United States Automotive Wiring Harness Market Report Coverage:
Report Features |
Details |
Base Year of the Analysis |
2023 |
Historical Period |
2018-2023 |
Forecast Period |
2024-2032 |
Units |
US$ Billion |
Scope of the Report |
Exploration of Historical and Forecast Trends, Industry Catalysts and Challenges, Segment-Wise Historical and Predictive Market Assessment:
- Component
- Category
- Vehicle Type
- Transmission Type
- Material Type
- Application
- Region
|
Components Covered |
Connectors, Wires, Terminals, Others |
Categories Covered |
General Wires, Heat Resistant Wires, Shielded Wires, Tubed Wires |
Vehicle Types Covered |
Two Wheelers, Passenger Cars, Commercial Vehicles |
Transmission Types Covered |
Data Transmission, Electrical Wiring |
Material Types Covered |
Copper, Aluminum, Others |
Applications Covered |
Body Wiring Harness, Engine Wiring Harness, Chassis Wiring Harness, HVAC Wiring Harness, Sensors Wiring Harness, Others |
Regions Covered |
Northeast, Midwest, South, West |
Customization Scope |
10% Free Customization |
Report Price and Purchase Option |
Single User License: US$ 3699
Five User License: US$ 4699
Corporate License: US$ 5699 |
Post-Sale Analyst Support
|
10-12 Weeks |
Delivery Format |
PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
- How has the United States automotive wiring harness market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the United States automotive wiring harness market?
- What is the breakup of the United States automotive wiring harness market on the basis of component?
- What is the breakup of the United States automotive wiring harness market on the basis of category?
- What is the breakup of the United States automotive wiring harness market on the basis of vehicle type?
- What is the breakup of the United States automotive wiring harness market on the basis of transmission type?
- What is the breakup of the United States automotive wiring harness market on the basis of material type?
- What is the breakup of the United States automotive wiring harness market on the basis of application?
- What are the various stages in the value chain of the United States automotive wiring harness market?
- What are the key driving factors and challenges in the United States automotive wiring harness?
- What is the structure of the United States automotive wiring harness market and who are the key players?
- What is the degree of competition in the United States automotive wiring harness market?
Key Benefits for Stakeholders:
- IMARC’s industry report offers a comprehensive quantitative analysis of various market segments, historical and current market trends, market forecasts, and dynamics of the United States automotive wiring harness market from 2018-2032.
- The research report provides the latest information on the market drivers, challenges, and opportunities in the United States automotive wiring harness market.
- Porter's five forces analysis assist stakeholders in assessing the impact of new entrants, competitive rivalry, supplier power, buyer power, and the threat of substitution. It helps stakeholders to analyze the level of competition within the United States automotive wiring harness industry and its attractiveness.
- Competitive landscape allows stakeholders to understand their competitive environment and provides an insight into the current positions of key players in the market.