Automotive Wiring Harness, Connector and Cable Market
Automotive Wiring Harness, Connector and Cable Market Global Industry Assessment & Forecast
#
Pages:
151
2021
Nov - 2021
VMR-2021-0550
Segments Covered
By
Product Types Automotive Wiring Harness, Connector, Cable
-
By
Application Two Wheelers, Passenger Cars, Commercial Vehicles
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
42.81 Billion |
 Revenue 2028:
|
60.14 Billion |
 Revenue CAGR
(2021 - 2028): |
4.34% |
Fastest Growing Region (2022 -
2028)
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
FAQ
Frequently Asked Question
What is the global demand for Automotive Wiring Harness, Connector and Cable in terms of revenue?
-
The global Automotive Wiring Harness, Connector and Cable valued at 42.81 Billion in 2020 and is expected to reach 60.14 Billion in 2028 growing at a CAGR of 4.34%%.
Which are the prominent players in the market?
-
The prominent players in the market are Yazaki Corporation, Cypress Industries, Molex Incorporated, OasisIndia, Sbee Cables, MSSL, Delphi Automotive, Fujikura, Sumitomo Electric Industries Ltd...
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 4.34%% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the Automotive Wiring Harness, Connector and Cable include
- The increasing demand for high-performance electric vehicles is anticipated to augment the growth of the automotive wiring harness, connector and cable market during the forecast period. This is owing to the rising demand of the operating voltage across the powertrain components required to drive these vehicles, which increased from handling 48V to 800V.
- The implementation of government laws and regulations for vehicular emission mandated automobile manufacturers to use advanced technologies to combat high emission levels in vehicles in various countries. The use of automotive wiring harness not only increases the fuel efficiency but also lower down vehicular emission levels. Hence, incorporation of advanced wiring harness is expected to support the growth of the market.
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Automotive Wiring Harness, Connector and Cable in 2020.
