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The automotive wiring harness connects various components of a motor vehicle that requires electricity for functioning such as starter, battery, and alternator. An automotive wiring harness simplifies the wiring connection of automotive cars. The wiring harnesses are assembled with high-temperature grade materials, owing to exposure to excessive heat inside the vehicle engine.

In addition, the increasing number of vehicle sales across the globe is boosting the growth of the wiring harness market. For instance, according to Coherent Market Insights, auto sales in US is expected to increase by approximately 10% in year 2021.

Electric vehicles contain many complex components such as an electric traction motor, battery, onboard charger, controller, electric traction motor, and DC / DC converter. The electric vehicle components require a complex wiring harness system for data and signal transmission. Moreover, the wiring harness system of electric vehicles should be able to operate in a high-temperature situation such as battery harness, which is expected to boost the demand for wiring harness systems over the forecast period.

Global Automotive Wiring Harness Market - Impact of Coronavirus (Covid-19) Pandemic

COVID-19 pandemic had a significant impact on the wiring harness market. Several countries across the globe such as India, Italy, the U.K., and others imposed nationwide lockdown in 2020. Many European countries such as Germany, Spain, and the U.K. also faced the second wave of the COVID-19.

The lockdowns across several countries has negatively impacted the sales of automotive vehicles, which decreases the demand for a wiring harness. For instance, according to Coherent Market Insights, in year 2020, the automotive sales in European countries such as Spain and Italy decreased drastically by 32.6% and 27.5% respectively, due to coronavirus lockdown and other restriction in year 2020.

North America is expected to hold dominant position in the global automotive wiring harness market during the forecast period.

Statistics:

Asia Pacific held dominant position in the global automotive wiring harness market in 2019, accounting for 41.32% share in terms of value, followed by North America, and Europe.

Figure 1: Global Automotive Wiring Harness Market Share (%), By Region, 2019

Automotive Wiring Harness  | Coherent Market Insights

Asia Pacific region is expected to show the highest growth rate over the forecast period, owing to the increasing sales in luxury cars in growing economy regions such as India and China. For instance, according to China.org.cn, in the year 2020, a total of 2.53 billion luxury vehicles were sold in China, which showed a growth of 14.7 percent from 2019. Sales of luxury car brands such as Lamborghini and Maserati have increased in China in year 2019.

Major companies operating in the global wiring harness market are: Sumitomo Electric Industries, Ltd, Lear Corporation, Leoni AG, Motherson Group, Yazaki Corporation, Aptiv PLC, Furukawa Electric Co, Delphi Automotive LLP, Furukawa Electric Co. Ltd, Nexans Autoelectric, Yura Corporation, THB Group, BorgWarner, Inc, Nexans Autoelectric GmbH, and AmWINS Group Inc.

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Automotive Wiring Harness Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 44.83 Bn
Historical Data for: 2017 to 2020 Forecast Period: 2021 to 2028
Forecast Period 2021 to 2028 CAGR: 4.70% 2028 Value Projection: US$ 62.17 Bn
Geographies covered:
  • North America: U.S. and Canada
  • Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
  • Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
  • Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
  • Middle East and Africa: GCC Countries, South Africa, and Rest of Middle East and Africa
Segments covered:
  • By Component: Connectors, Wires (General Wires, Heat Resistant Wires, Shielded Wires, Tubed Wires), Terminals
  • By Material Type: Metallic Wiring (Copper, Aluminum), Optical Wiring (Glass Optical fiber, Plastic Optical fiber)
  • By Propulsion System: IC Engine Vehicles, Electric Vehicles (Plug-In Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV), Battery Electric Vehicle)
Companies covered:

Major companies operating in the global wiring harness market are: Sumitomo Electric Industries, Ltd, Lear Corporation, Leoni AG, Motherson Group, Yazaki Corporation, Aptiv PLC, Furukawa Electric Co, Delphi Automotive LLP, Furukawa Electric Co. Ltd, Nexans Autoelectric, Yura Corporation, THB Group, BorgWarner, Inc, Nexans Autoelectric GmbH, and AmWINS Group Inc.

Growth Drivers:
  • Integration of Advanced Features in Automotive Cars 
  • Increasing Demand for Electric Vehicles
Restraints & Challenges:
  • Overheating Issue With Wiring Harness

Among Propulsion system segment, the IC engine vehicles sub-segment is expected to dominate the market during the forecast period owing to major share of IC Engine vehicles during the sale of cars in 2019.

IC engine vehicles accounted for an 89.74% share in 2019 and expected to maintain their dominance throughout the forecast period. For instance, the government authorities in India have updated the guidelines related to IC engine vehicles under which the emission of carbon monoxide is to be minimized by 30% and nitrogen oxides by 80%. The regulations are implemented and are followed stringently in the metro cities such as Delhi, Mumbai, etc. According to Bosch Ltd, by 2030, more than 80% of vehicles in India would still be equipped with IC engines.

Figure 2: Global Automotive Wiring Harness Market Value (US$ Bn), 2017 - 2028

Automotive Wiring Harness  | Coherent Market Insights

The global automotive wiring harness market was valued at US$ 44.83 Bn in 2019 and is expected to reach US$ 62.17 Bn by 2028 at a CAGR of 4.70% between 2021 and 2028.

Automotive wiring harness is an organized set of component that includes connectors, wires, and terminals that run throughout the vehicle, they transmit signals with regards to speed, internal temperature and power to the respective automotive component and electric power to automotive component. This automotive harness combines many electronic and electrical devices into a single system.

In addition, automotive wiring harnesses are used in motorbikes, utility vehicles, commercial vehicles, and cars. Automotive wiring harnesses are designed according to the electrical and geometrical requirements of the vehicle and are embedded in the automotive vehicle. Wiring harnesses are embedded in the dashboard, windows, and electrical components of the automotive vehicle.

Market Dynamics

In the last few years, many electronic devices have been integrated into vehicles to provide enhanced features. For instance, in last few years automotive car manufacturers are offering advanced automotive features such as sunroof, touch infotainment system, airbags, tire pressure monitoring system, in developing economies of Asia Pacific region. Moreover, employing safety features in automotive cars enhances the security of the passenger in the vehicle, which has positively impacted the growth of the automotive wiring harness market. In addition, factors such as increasing disposable income and the initiatives taken by various governments for boosting the manufacturing in their country such as ‘Make in India initiative’ in India, has driven the growth of an automotive wiring harness market. For instance, according to India Brand Equity Foundation, in January 2020, Tata AutoComp Systems, an automotive component manufacturer has partnered with Beijing-based Prestolite Electric, to enter into the electric vehicle components market in India.

In an extreme weather condition, the wiring harness system of a vehicle may get affected due to an overheating issue, this may result in a replacement of the entire wiring harness system, which is very expensive and is expected to hamper the growth of the automotive wiring harness market over the forecast period.

Market Taxonomy

This report segments the global automotive wiring harness market on the basis of component, material type, propulsion system, and region. On the basis of Component, the global automotive wiring harness market is segmented into connectors, wires (general wires, heat resistant wires, shielded wires, and tubed wires), and terminals. On the basis of Material type, the global automotive wiring harness market is segmented into metallic wiring (copper and aluminum), and optical wiring (glass optical fiber and plastic optical fiber). On the basis of Propulsion system, the global automotive wiring harness market is segmented into IC engine vehicles and electric vehicles (plug-in hybrid electric vehicle (PHEV), hybrid electric vehicle (HEV), and battery electric vehicle). On the basis of Region, global automotive wiring harness market is segmented into North America, Latin America, Europe, Asia pacific, Middle East, and Africa.

Key features of the study:

  • This report provides an in-depth analysis of the global automotive wiring harness market and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2021-2028), considering 2019 as the base year
  • It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
  • It profiles leading players in the global automotive wiring harness market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Major companies operating in the global automotive wiring harness market are: Sumitomo Electric Industries, Ltd, Lear Corporation, Leoni AG, Motherson Group, Yazaki Corporation, Aptiv PLC, Furukawa Electric Co, Delphi Automotive LLP, Furukawa Electric Co. Ltd, Nexans Autoelectric, Yura Corporation, THB Group, BorgWarner, Inc, Nexans Autoelectric GmbH, and AmWINS Group Inc.
  • These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up gradation, market expansion, and marketing tactics
  • The global automotive wiring harness market analysis report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global automotive wiring harness market analysis

Detailed Segmentation:

  • Global Automotive Wiring Harness Market, By Component:
    • Connectors
    • Wires
      • General Wires
      • Heat Resistant Wires
      • Shielded Wires
      • Tubed Wires
    • Terminals
  • Global Automotive Wiring Harness Market, By Material Type:
    • Metallic Wiring
      • Copper
      • Aluminum
    • Optical Wiring
      • Glass Optical fiber
      • Plastic Optical fiber
  • Global Automotive Wiring Harness Market, By Propulsion System:
    • IC Engine Vehicles
    • Electric Vehicles
      • Plug-In Hybrid Electric Vehicle (PHEV)
      • Hybrid Electric Vehicle (HEV)
      • Battery Electric Vehicle
  • Global Automotive Wiring Harness Market, By Region:
    • North America
    • Latin America
    • Europe
    • Asia Pacific
    • Middle East and Africa
  • Company Profiles
    • Sumitomo Electric Industries, Ltd **
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Key highlights
    • Lear Corporation
    • Leoni AG
    • Motherson Group
    • Yazaki Corporation
    • Aptiv PLC
    • Furukawa Electric Co
    • Delphi Automotive LLP
    • Furukawa Electric Co. Ltd
    • Nexans Autoelectric
    • Yura Corporation
    • THB Group
    • BorgWarner, Inc
    • AmWINS Group Inc

**All the pointers will also be provided for the rest of the companies.

Browse all the market data tables and figures on ‘Global Automotive Wiring Harness Market - Forecast to 2028’

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Component
      • Market Snippet, By Material Type
      • Market Snippet, By Propulsion System
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
    • Regulatory Scenario
    • Solutions Trend
    • Merger and Acquisitions
    • New system Launch/Approvals
  4. Global Automotive Wiring Harness Market - Impact of Coronavirus (Covid-19) Pandemic
    • Short Term
    • Long term
  5. Global Automotive Wiring Harness Market, By Component, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Connectors
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis, 2021–2028, (US$ Billion)
    • Wires
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Billion)
      • General Wires
      • Heat Resistant Wires
      • Shielded Wires
      • Tubed Wires
    • Terminals
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Billion)
  6. Global Automotive Wiring Harness Market, By Material Type, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • Metallic Wiring
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Billion)
      • Copper
      • Aluminum
    • Optical Wiring
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Billion)
      • Glass Optical Fiber
      • Plastic Optical Fiber
  7. Global Automotive Wiring Harness Market, By Propulsion System, 2017-2027 (US$ Billion)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
      • Segment trends
    • IC Engine Vehicles
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Billion)
    • Electric Vehicles
      • Introduction
      • Market Size and Forecast, Y-o-Y Growth Analysis (US$ Billion)
      • Plug In Hybrid Electric Vehicle (PHEV)
      • Hybrid Electric Vehicle (HEV)
      • Battery Electric Vehicle
  8. Global Automotive Wiring Harness Market, By Region, 2017-2027  (US$ Billion)
    • Introduction
      • Market Share Analysis, Y-o-Y Growth Analysis, 2017 and 2028 (%)
    • North America
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Material Type, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Propulsion System, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • U.S.
        • Canada
    • Europe
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Material Type, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Propulsion System, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • U.K.
        • Germany
        • Italy
        • France
        • Russia
        • Rest of Europe
    • Asia Pacific
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Material Type, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Propulsion System, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • China
        • India
        • Japan
        • ASEAN
        • Australia
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Material Type, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Propulsion System, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • Brazil
        • Argentina
        • Mexico
        • Rest of Latin America
    • Middle East and Africa
      • Regional Trends
      • Market Size and Forecast, By Component, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Material Type, 2021–2028 (US$ Billion)
      • Market Size and Forecast, By Propulsion System, 2021–2028 (US$ Billion)
      • Market Share Analysis, By Country, 2019 and 2028 (%)
        • GCC Countries
        • South Africa
        • Rest of the Middle East and Africa
  9. Competitive Landscape
    • Company Profiles
      • Sumitomo Electric Industries, Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Lear Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Leoni AG
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Motherson Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Yazaki Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Aptiv PLC
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Furukawa Electric Co
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Delphi Automotive LLP
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Furukawa Electric Co. Ltd
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Nexans Autoelectric
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Yura Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • THB Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • BorgWarner, Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • AmWINS Group Inc
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Recent Developments/Updates
  10. Section
    • References
    • Research Methodology
    • About us and Sales Contact

*Browse market data tables and figures on ‘Global Automotive Wiring Harness’s Market -forecast to 2028’

Research Methodology

Coherent Market Insights followsa comprehensive research methodology focused on providing the most precise market analysis. The company leverages a data triangulation model which helps company to gauge the market dynamics and provide accurate estimates. Key components of the research methodologies followed for all our market reports include:

  • Primary Research (Trade Surveys and Experts Interviews)
  • Desk Research
  • Proprietor Data Analytics Model

In addition to this, Coherent Market Insights has access to a wide range of the regional and global reputed paid data bases, which helps the company to figure out the regional and global market trends and dynamics. The company analyses the industry from the 360 Degree Perspective i.e. from the Supply Side and Demand Side which enables us to provide granular details of the entire ecosystem for each study. Finally, a Top-Down approach and Bottom-Up approach is followed to arrive at ultimate research findings.


Data Triangulation Methodology | Coherent Market Insights

Coherent Market Insights desk research is based on a principle set of research techniques:

  • National level desk research: It Includes research analysis of regional players, regional regulatory bodies, regional trade associations, and regional organization.
  • Multinational level desk research: The research team keeps a track of multinational players, global regulatory bodies, global trade associations, and global organization.

Coherent Market Insights has a large amount of in-house repository of industry database. This is leveraged as a burner for initiating a new research study. Key secondary sources include:

  • Governmental bodies, National and international social welfare institutions, and organizations creating economic policies among others.
  • Trade association, National and international media and trade press.
  • Company Annual reports, SEC filings, Corporate Presentations, press release, news, and specification sheet of manufacturers, system integrators, brick and mortar - distributors and retailers, and third party online commerce players.
  • Scientific journals, and other technical magazines and whitepapers.

Market Analysis | Coherent Market Insights

Preliminary Data Mining

The raw data is obtained through the secondary findings, in house repositories, and trade surveys. It is then filtered to ensure that the relevant information including industry dynamics, trends, and outlook is retained for further research process.

Data Standardization

Holistic approach is used to ensure that the granular and uncommon parameters are taken into consideration to ensure accurate results. The information from the paid databases are further combined to the raw data in order to standardize it.

Coherent Statistical model

We arrive at our final research findings through simulation models. Coherent Data Analytics Model is a statistical tool that helps company to forecast market estimates. Few of the parameters considered as a part of the statistical model include:

  • Micro-economic indicators
  • Macro-economic indicators
  • Environmental indicators
  • Socio-political indicators
  • Technology indicators

Data Processing

Once the findings are derived from the statistical model, large volume of data is process to confirm accurate research results. Data analytics and processing tools are adopted to process large chunk of collected informative data. In case, a client customizes the study during the process, the research finding till then are benchmarked, and the process for new research requirement is initiated again.

Data Validation

This is the most crucial stage of the research process. Primary Interviews are conducted to validate the data and analysis. This helps in achieving the following purposes:

  • It provides first-hand information on the market dynamics, outlook, and growth parameters.
  • Industry experts validates the estimates which helps the company to cement the on-going research study.
  • Primary research includes online surveys, face-to face interviews, and telephonic interviews.

The primary research is conducted with the ecosystem players including, but not limited to:

  • Raw Material Suppliers
  • Manufacturers
  • System Integrators
  • Distributors
  • End-users

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