by The automotive wiring harness market size is predicted to be worth around US$ 83.36 billion by 2032 from USD 49.03 billion in 2022, growing with a CAGR of 5.5% over the forecast period 2023 to 2032.
Key Takeaways:
- Asia Pacific region has dominated the market with a 47% revenue share in 2022.
- By material, the coper segment has held 65% revenue share in 2022.
- By propulsion, the Ice vehicles segment has generated 82% revenue share in 2022.
- By vehicle type, the passenger cars segment has captured a revenue share of 58% in 2022.
- By voltage, the low voltage segment has accounted for 85% revenue share in 2022.
Wire harnesses combine wiring of several electronic and electrical devices into a single system. Thus, they benefit in signal transmission and powering up of many electrical and electronic devices. Automotive wire harnesses utilize a range of wire harnesses for the finest possible performance. They are employed to set up electrical circuits in automobiles and are intended to operate in extreme conditions efficiently. They are utilized in two wheelers, cars, three wheelers, commercial vehicles and utility vehicles. Harnesses are manufactured according the geometrical and electrical needs of automobiles, and then implanted in the engine, body, and chassis of that particular vehicles. Body wiring harnesses are implanted in door locks, dashboards, interior electrical components and power windows. Engine wiring harnesses are embedded inside lock breaking systems, fuel injection systems, cruise control systems, speed sensors. Chassis wiring consists of the main, rear and front harnesses.
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Growth Factors
Escalating GDP and continuous technological advancements are prime influences stimulating the demand for automotive wiring harness worldwide. Adoption of electric cars such as mild hybrids is expected to grow substantially around the world during coming few years. This will indirectly spur the demand for high voltage wiring harness. Additionally, numerous government regulations and norms executed for vehicle safety are projected to lift the demand for automotive wiring harness. Safety regulations are considered to propel installation of safety devices in vehicles that require substantial usage of body wiring harness.
Demand for automotive wiring harnesses is directly proportionate to augmented manufacturing of different types of vehicles. Elevated disposable income, improved government initiatives including Make in India, and prevalent low labor cost in countries such India and China have augmented light commercial vehicles and of passenger cars manufacturing in different developing nations. This results in substantial demand for automotive wiring harnesses in these economies.
Report Highlights
- At present, automotive wiring harness market is concentrated on technology advancements including Ethernet cables and heat insulated wires. OEMs are stressing on the advanced automotive wiring harnesses development and to improve vehicles performance at finest level and to guarantee appropriate functioning of all electronic devices tailored in vehicles.
- Globally, sale of higher voltage wires is projected to surge due to augmentation in the need for electric vehicles. Mild hybrid and 48V vehicles are estimated to achieve acceptance that offers lucrative prospect for the automotive wiring harness market.
- Geographically, Asia Pacific emerged as extremely potential market for automotive wiring harness on account of prevailing awareness for incorporation of navigation and safety devices in vehicles those needs body wiring harness and different other kinds of wiring harness.
Automotive Wiring Harness Market Scope
| Report Highlights | Details |
| Market Size in 2023 | USD 51.48 Billion |
| Market Size by 2032 | USD 83.36 Billion |
| Growth Rate from 2023 to 2032 | CAGR of 5.5% |
| Largest Market | North America |
| Fastest Growing Market | Asia Pacific |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Segments Covered | Type, Material, Propulsion, Transmission, Vehicle, Sales Channel, Geography |
Regional Snapshots
Rising disposable income and augmented GDP in Asian economies is fuelling the growth of automotive market in this region. This supports the sale of automotive wiring harness, as current vehicles necessitate safety features and cutting-edge electronic devices. This will in turn pushes the sale for wires and cables to be employed in vehicles. In Asia Pacific, India has emerged asprime market for light vehicles followed by China. Additionally, favorable government norms executed for vehicle safety are anticipated to increase the demand for automotive wiring harness.Further, elevated automobile production, invention in terms of drive technologies, and flourishing acceptance of electric vehicles are expected to stimulate demand for automotive wiring harness in Europe. Escalating manufacturing facilities in Middle East and Africa, on account of low-cost labor force, is a vital factor urging the growth of automotive industry in regional market.
Key Players & Strategies
Several players involved in the automotive wiring harness market are progressively concentrating on the design facets of the harness in accordance with electrical and geometrical necessities of a vehicle. The design of automotive wire harnesses is kept in the central database in order to rationalize the designing process in the near future. Some players such as Yazaki are adopting strategies of partnerships and expansions to preserve their prominent position in the automotive wiring harness market. Similarly, a Sumitomo electric industry is looking forward with partnerships as the crucial strategy to endure its position in the market.
The expansion strategy by key companies in emergent economies is projected to propel demand for automotive wiring harness. For example, MothersonSumi Systems, the flagship company of SamvardhanMotherson Group, is anticipated to unveil3 production facilities by 2020. The 2 new plants are situated in Madhya Pradesh (India). One of the plants at Pithampur will produce wires, a process of backward integration, and the other will fabricate wiring harness. The third plant is to be located in Chennai (India) for the purpose of other auto parts.
Recent Developments
- PKC Group Plc was purchased for USD 665.5 million by Motherson Sumi Systems Ltd. in 2017. The company’s presence in regions like Europe, the Americas, and Asia Pacific is projected to grow as a result of this acquisition.
- Essex Magnet Wire and Furukawa Electric, both leaders in magnet wire product development and custom solutions, formed a joint venture in October 2020 to build on their prior magnet wire relationship in Europe. The firms would combine their magnet wire business activities in the coming months, pending the execution of definitive agreements and the usual regulatory and other approvals.
Automotive Wiring Harness Market Players
- Sumitomo Electric Industries, Ltd.
- Delphi Automotive LLP
- Furukawa Electric Co. Ltd
- Lear Corporation
- THB Group
- Yura Corporation
- Leoni Ag
- SPARK MINDA
- Yazaki Corporation
- Fujikura Ltd.
- QINGDAO SANYUAN GROUP
- SamvardhanaMotherson Group
- NexansAutoelectric
- PKC Group
Segments Covered in the Report
By Type
- Engine Harness
- Dashboard/ Cabin Harness
- Battery Wiring Harness
- Chassis Wiring Harness
- Body & Lighting Harness
- HVAC Wiring Harness
- Seat Wiring Harness
- Door Wiring Harness
- Sunroof Wiring Harness
By Material
- Metallic
- Aluminum
- Copper
- Other Metals
- Optical Fiber
- Plastic Optical Fiber
- Glass Optical Fiber
By Propulsion
- IC Engine Vehicle
- Electric Vehicle
By Transmission
- Electric Wiring
- Data Transmission
- <150 Mbps
- 150 Mbps to 1 Gbp
- >1 Gbps
By Vehicle
- Commercial Vehicle
- Passenger Vehicle
By Voltage
- Low Voltage
- High Voltage
By Sales Channel
- OEM
- Aftermarket
By Geography
- North America
- U.S.
- Canada
- Europe
- U.K.
- Germany
- France
- Asia Pacific
- China
- India
- Japan
- South Korea
- Middle East & Africa
- Latin America
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
Chapter 5. Market Dynamics Analysis and Trends
5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition
Chapter 6. Competitive Landscape
6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers
Chapter 7. Global Automotive Wiring Harness Market, By Type
7.1. Automotive Wiring Harness Market, by Type, 2023-2032
7.1.1. Engine Harness
7.1.1.1. Market Revenue and Forecast (2020-2032)
7.1.2. Dashboard/ Cabin Harness
7.1.2.1. Market Revenue and Forecast (2020-2032)
7.1.3. Battery Wiring Harness
7.1.3.1. Market Revenue and Forecast (2020-2032)
7.1.4. Chassis Wiring Harness
7.1.4.1. Market Revenue and Forecast (2020-2032)
7.1.5. Body & Lighting Harness
7.1.5.1. Market Revenue and Forecast (2020-2032)
7.1.6. HVAC Wiring Harness
7.1.6.1. Market Revenue and Forecast (2020-2032)
7.1.7. Seat Wiring Harness
7.1.7.1. Market Revenue and Forecast (2020-2032)
7.1.8. Door Wiring Harness
7.1.8.1. Market Revenue and Forecast (2020-2032)
7.1.9. Sunroof Wiring Harness
7.1.9.1. Market Revenue and Forecast (2020-2032)
Chapter 8. Global Automotive Wiring Harness Market, By Material Type
8.1. Automotive Wiring Harness Market, by Material Type, 2023-2032
8.1.1. Metallic (Aluminum, Copper and Other Metals)
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Optical Fiber (Plastic Optical Fiber, Glass Optical Fiber)
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Global Automotive Wiring Harness Market, By Propulsion Type
9.1. Automotive Wiring Harness Market, by Propulsion Type, 2023-2032
9.1.1. IC Engine Type
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Electric Type
9.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Global Automotive Wiring Harness Market, By Transmission Type
10.1. Automotive Wiring Harness Market, by Transmission Type, 2023-2032
10.1.1. Electric Wiring
10.1.1.1. Market Revenue and Forecast (2020-2032)
10.1.2. Data Transmission
10.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 11. Global Automotive Wiring Harness Market, By Sales Channel
11.1. Automotive Wiring Harness Market, by Sales Channel, 2023-2032
11.1.1. Aftermarket
11.1.1.1. Market Revenue and Forecast (2020-2032)
11.1.2. OEM
11.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 12. Global Automotive Wiring Harness Market, By Product
12.1. Automotive Wiring Harness Market, by Material Type, 2023-2032
12.1.1. Commercial Product
12.1.1.1. Market Revenue and Forecast (2020-2032)
12.1.2. Passenger Product
12.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 13. Global Automotive Wiring Harness Market, Regional Estimates and Trend Forecast
13.1. North America
13.1.1. Market Revenue and Forecast, by Type (2020-2032)
13.1.2. Market Revenue and Forecast, by Material (2020-2032)
13.1.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.1.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.1.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.1.6. Market Revenue and Forecast, by Product (2020-2032)
13.1.7. U.S.
13.1.7.1. Market Revenue and Forecast, by Type (2020-2032)
13.1.7.2. Market Revenue and Forecast, by Material (2020-2032)
13.1.7.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.1.7.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.1.8. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.1.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.1.9. Rest of North America
13.1.9.1. Market Revenue and Forecast, by Type (2020-2032)
13.1.9.2. Market Revenue and Forecast, by Material (2020-2032)
13.1.9.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.1.9.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.1.10. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.1.11. Market Revenue and Forecast, by Product (2020-2032)
13.1.11.1.
13.2. Europe
13.2.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.2. Market Revenue and Forecast, by Material (2020-2032)
13.2.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.2.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.2.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.2.6. Market Revenue and Forecast, by Product (2020-2032)
13.2.7.
13.2.8. UK
13.2.8.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.8.2. Market Revenue and Forecast, by Material (2020-2032)
13.2.8.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.2.9. Market Revenue and Forecast, by Transmission (2020-2032)
13.2.10. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.2.10.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.11. Germany
13.2.11.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.11.2. Market Revenue and Forecast, by Material (2020-2032)
13.2.11.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.2.12. Market Revenue and Forecast, by Transmission (2020-2032)
13.2.13. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.2.14. Market Revenue and Forecast, by Product (2020-2032)
13.2.14.1.
13.2.15. France
13.2.15.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.15.2. Market Revenue and Forecast, by Material (2020-2032)
13.2.15.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.2.15.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.2.16. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.2.16.1. Market Revenue and Forecast, by Product (2020-2032)
13.2.17. Rest of Europe
13.2.17.1. Market Revenue and Forecast, by Type (2020-2032)
13.2.17.2. Market Revenue and Forecast, by Material (2020-2032)
13.2.17.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.2.17.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.2.18. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.2.18.1. Market Revenue and Forecast, by Product (2020-2032)
13.3. APAC
13.3.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.2. Market Revenue and Forecast, by Material (2020-2032)
13.3.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.3.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.3.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.3.6. Market Revenue and Forecast, by Product (2020-2032)
13.3.7. India
13.3.7.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.7.2. Market Revenue and Forecast, by Material (2020-2032)
13.3.7.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.3.7.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.3.8. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.3.9. Market Revenue and Forecast, by Product (2020-2032)
13.3.10. China
13.3.10.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.10.2. Market Revenue and Forecast, by Material (2020-2032)
13.3.10.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.3.10.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.3.11. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.3.11.1. Market Revenue and Forecast, by Product (2020-2032)
13.3.12. Japan
13.3.12.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.12.2. Market Revenue and Forecast, by Material (2020-2032)
13.3.12.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.3.12.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.3.12.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.3.12.6. Market Revenue and Forecast, by Product (2020-2032)
13.3.13. Rest of APAC
13.3.13.1. Market Revenue and Forecast, by Type (2020-2032)
13.3.13.2. Market Revenue and Forecast, by Material (2020-2032)
13.3.13.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.3.13.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.3.13.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.3.13.6. Market Revenue and Forecast, by Product (2020-2032)
13.4. MEA
13.4.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.2. Market Revenue and Forecast, by Material (2020-2032)
13.4.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.4.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.4.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.4.6. Market Revenue and Forecast, by Product (2020-2032)
13.4.7. GCC
13.4.7.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.7.2. Market Revenue and Forecast, by Material (2020-2032)
13.4.7.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.4.7.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.4.8. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.4.9. Market Revenue and Forecast, by Product (2020-2032)
13.4.10. North Africa
13.4.10.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.10.2. Market Revenue and Forecast, by Material (2020-2032)
13.4.10.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.4.10.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.4.11. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.4.12. Market Revenue and Forecast, by Product (2020-2032)
13.4.13. South Africa
13.4.13.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.13.2. Market Revenue and Forecast, by Material (2020-2032)
13.4.13.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.4.13.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.4.13.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.4.13.6. Market Revenue and Forecast, by Product (2020-2032)
13.4.14. Rest of MEA
13.4.14.1. Market Revenue and Forecast, by Type (2020-2032)
13.4.14.2. Market Revenue and Forecast, by Material (2020-2032)
13.4.14.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.4.14.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.4.14.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.4.14.6. Market Revenue and Forecast, by Product (2020-2032)
13.5. Latin America
13.5.1. Market Revenue and Forecast, by Type (2020-2032)
13.5.2. Market Revenue and Forecast, by Material (2020-2032)
13.5.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.5.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.5.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.5.6. Market Revenue and Forecast, by Product (2020-2032)
13.5.7. Brazil
13.5.7.1. Market Revenue and Forecast, by Type (2020-2032)
13.5.7.2. Market Revenue and Forecast, by Material (2020-2032)
13.5.7.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.5.7.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.5.8. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.5.8.1. Market Revenue and Forecast, by Product (2020-2032)
13.5.9. Rest of LATAM
13.5.9.1. Market Revenue and Forecast, by Type (2020-2032)
13.5.9.2. Market Revenue and Forecast, by Material (2020-2032)
13.5.9.3. Market Revenue and Forecast, by Propulsion (2020-2032)
13.5.9.4. Market Revenue and Forecast, by Transmission (2020-2032)
13.5.9.5. Market Revenue and Forecast, by Sales Channel (2020-2032)
13.5.9.6. Market Revenue and Forecast, by Product (2020-2032)
Chapter 14. Company Profiles
14.1. Sumitomo Electric Industries, Ltd.
14.1.1. Company Overview
14.1.2. Product Offerings
14.1.3. Financial Performance
14.1.4. Recent Initiatives
14.2. Delphi Automotive LLP
14.2.1. Company Overview
14.2.2. Product Offerings
14.2.3. Financial Performance
14.2.4. Recent Initiatives
14.3. Furukawa Electric Co. Ltd
14.3.1. Company Overview
14.3.2. Product Offerings
14.3.3. Financial Performance
14.3.4. Recent Initiatives
14.4. Lear Corporation
14.4.1. Company Overview
14.4.2. Product Offerings
14.4.3. Financial Performance
14.4.4. Recent Initiatives
14.5. THB Group
14.5.1. Company Overview
14.5.2. Product Offerings
14.5.3. Financial Performance
14.5.4. Recent Initiatives
14.6. Yura Corporation
14.6.1. Company Overview
14.6.2. Product Offerings
14.6.3. Financial Performance
14.6.4. Recent Initiatives
14.7. Leoni Ag
14.7.1. Company Overview
14.7.2. Product Offerings
14.7.3. Financial Performance
14.7.4. Recent Initiatives
14.8. SPARK MINDA
14.8.1. Company Overview
14.8.2. Product Offerings
14.8.3. Financial Performance
14.8.4. Recent Initiatives
14.9. Yazaki Corporation
14.9.1. Company Overview
14.9.2. Product Offerings
14.9.3. Financial Performance
14.9.4. Recent Initiatives
14.10. Fujikura Ltd.
14.10.1. Company Overview
14.10.2. Product Offerings
14.10.3. Financial Performance
14.10.4. Recent Initiatives
14.11. QINGDAO SANYUAN GROUP
14.11.1. Company Overview
14.11.2. Product Offerings
14.11.3. Financial Performance
14.11.4. Recent Initiatives
14.12. SamvardhanaMotherson Group
14.12.1. Company Overview
14.12.2. Product Offerings
14.12.3. Financial Performance
14.12.4. Recent Initiatives
14.13. NexansAutoelectric
14.13.1. Company Overview
14.13.2. Product Offerings
14.13.3. Financial Performance
14.13.4. Recent Initiatives
14.14. PKC Group
14.14.1. Company Overview
14.14.2. Product Offerings
14.14.3. Financial Performance
14.14.4. Recent Initiatives
Chapter 15. Research Methodology
15.1. Primary Research
15.2. Secondary Research
15.3. Assumptions
Chapter 16. Appendix
16.1. About Us
16.2. Glossary of Terms
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