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
Research Methodology: Automotive Wiring Harness, Connector and Cable Market - Global Market Assessment, 2021 - 2028
Vantage Market Research follows a veracious methodology to arrive at market-related projections. The research methodology is based on the 3 phases namely: Secondary Research, Primary Research, and Data Triangulation. We conduct more than 100 primary interviews for each market either through mail or telephone call. Vantage Market Research employs the most infallible research methodology that ensures clients are receiving:
- Consistent, vigorous, and actionable data analysis that would help to make key business decisions
- Statistically improved and reliable insights through a veracious and well-audited research methodology.
- Independent study ensures a tangible representation of the market
Secondary Research
Primary Research:
The next stage involves the primary research conducted to gather further information and revalidate the data collected from the secondary research. Moreover, primary research is also conducted to identify key players in the market and to gather their market-specific financial information. A typical primary interview fulfills the following data requirements:
- First-hand information global market size, regional and segmental trends, competitive landscape
- Validate and authorization of secondary research outcomes and findings
- Further data collection and expertise development & market understandings
Data Triangulation and Market Size Estimations
After the determination of the overall market size through secondary and primary research, the market is divided into various segments and sub-segments. Moreover, top-down and bottom-up approaches were used to derive and estimate market numbers for mentioned segments/sub-segments in the market. During the data triangulation process, the data was analyzed by employing various data models and statistical techniques to arrive at exact statistics and market size for each segment/sub-segment of the market. The data is analyzed and triangulated by considering all the key market impacting factors from both supply and demand side of Automotive Wiring Harness, Connector and Cable market.
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.
