Automotive Wiring Harness Market Size to Worth Around US$ 83.36 Bn by 2032

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.

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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