Automotive wiring harness market global briefing, growth analysis and opportunities outlook 2020

1. Automotive Wiring Harness Market Size, Share, Investment Opportunities, Top Regions, Growth & Forecast by 2027 The Global Automotive Wiring Harness Market is estimated to reach USD 65.2 Billion by 2027 at a CAGR of 4.6 %. The wire harness is a set of electrical cables and wires bundled together mainly for signal transmission and providing electric power supply. It is also called as cable assembling or wiring loom. Automotive wiring harness plays an important role as they can be installed as one unit instead of one wire at a time, this helps to save space and increases the overall safety. It is designed to enhance the fuel efficiency of the vehicle. These harnesses can be designed as per the geometric and electrical requirements and thus can be used in the engine, body, and chassis of the vehicle. Get Sample Copy of This Report @ https://www.forencisresearch.com/automotive-wiring- harness-market-sample-pdf/ AUTOMOTIVE WIRING HARNESS MARKET: Drivers & Restraints Market Drivers: Growing Need for Automotive Safety systems The wire harness is a crucial component of the automotive safety system. The main function of a wired system in any transportation is to transfer electricity from a power source safely to a given product. Any fault in the wiring system can result in short circuit, electrical fires, and can harm any users and passengers. Hence, there exists a high need for a better safety system to boost the passenger’s safety, which is expected to drive the automotive wiring harness market during the forecast period. Rising Adoption of Electric Vehicles The development of innovative technologies by automotive manufacturers is an outcome of the growing demand for luxurious and smart vehicles. Compared to the internal combustion engine (ICE) vehicles the need for wire harness is 3x in electric vehicles. Thus, the rise in

2. demand for electric vehicles is projected to drive the demand for automotive wiring harness. According to the Edison Electric Institute, the total sales of electric vehicles in the United States raised 81% in 2018, as compared to 2017. Thus, the rising adoption of electric vehicles is expected to propel the demand for automotive wiring harness market during the forecast period. Market Restraints: Fluctuating Raw Material Prices Copper is the world's most used metal due to its conductivity and versatility. Price fluctuations of copper, uncertain shortage, and supply-demand gap have significant negative impact on automotive manufacturers. Lack of constant supply of raw materials results in increasing raw material prices which, escalates the overall product price. Thus, fluctuating raw material price is a restraining factor for automotive wiring harness market growth during the forecast period. AUTOMOTIVE WIRING HARNESS MARKET: Key segments By Component: Connectors, Electric Wires, Terminals and Others By Material: Conductor and Insulation By Application: Body Wiring Harness, Engine Wiring Harness, Chassis Wiring Harness, HVAC Harness, Battery Harness, and Others By Vehicle Type: Internal Combustion Engine (ICE), Electric Vehicles (EVs), and Others Key Regions Covered: North America, South America, Europe, Asia-Pacific, Middle East & Africa, and South America with individual country-level analysis AUTOMOTIVE WIRING HARNESS MARKET: Report SCOPE The report on the Automotive Wiring Harness market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered Request Report Methodology On Competition On Global Automotive Wiring Harness Market Here @ https://www.forencisresearch.com/automotive-wiring-harness-market- request-methodology/ List of the leading companies operating in the Automotive Wiring Harness Market include:

3. Sumitomo Electric Industries, Ltd. (Company Description, Company Overview, Product Synopsis, Key Developments, SWOT Analysis) FURUKAWA ELECTRIC CO., LTD. YAZAKI Corporation LEONI AG Aptiv Nexans Motherson Group PKC Group Ltd Fujikura Ltd. Lear Corporation To Understand How COVID-19 Impact is Covered in This Report. Consult with an Analyst @ https://www.forencisresearch.com/automotive-wiring-harness-market-consult-with-an- analyst/ AUTOMOTIVE WIRING HARNESS MARKET: report segmentation For the scope of the report, In-depth segmentation is offered by Forencis Research Automotive Wiring Harness Market, by Component Connectors Electric Wires Terminals Others Automotive Wiring Harness Market, by Material Conductor oAluminum oCopper Insulation oPolyvinyl Chloride (PVC) oChlorinated Polymers

4. oPolypropylene oOthers Automotive Wiring Harness Market, by Application Body Wiring Harness oPower Windows oDoor Locks oDashboard oInterior Electrical Components oOthers Engine Wiring Harness oCruise Control Systems oAnti-Lock Braking Systems oSpeed Sensors oFuel Injection Systems oOthers Chassis Wiring Harness oFront Harness oRear Harness oMain Harness HVAC Harness Battery Harness Others Automotive Wiring Harness Market, by Vehicle Type Internal Combustion Engine (ICE) Electric Vehicles (EVs) oBattery Electric Vehicles (BEVs) oPlug-In Hybrid Electric Vehicles (PHEVs) oHybrid Electric Vehicles (HEVs) oFuel Cell Electric Vehicles (FCEV)

5. Automotive Wiring Harness Market by Region Asia-Pacific (China, Japan, South Korea, India, Taiwan, Rest of Asia-Pacific) North America (US, Canada, Mexico) Europe (Germany, Russia, France, Italy, UK, Spain, The Netherlands, Rest of Europe) Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) South America (Brazil, Argentina, Rest of South America) Purchase this Premium Industry Research Report with Analysis @ https://www.forencisresearch.com/automotive-wiring-harness-market-purchase-now/ About Forencis Research Forencis Research is a B2B market research, intelligence and advisory firm engaging in market research and consulting services across leading industries, globally. Our robust and meticulous research team provides high growth and niche syndicated reports, customized reports and consulting reports to the diverse global fortune clientele and intellectual institutions. Forencis Research database is a constantly evolving pool of reports and white paper studies which helps companies to foster accelerated revenue growth in global and regional markets. Forencis Research delivers market research and consulting reports on high growth markets to help companies dominate their competition and set themselves apart by attaining increased revenue growth. To enable exclusive insights around the target market, Forencis Research employs robust research Methodology & Design which includes data acquisition, data synthesis and data correlation, through Primary and Secondary Research. Through the obtained data, Top-down and bottom-up methods are exercised to attain and verify data sanity within the entire market. This market data is yet again correlated with Forencis Research’s internal database before presenting it in any of our final publications. These methods of data correlation and amalgamation benefit us to put forward accurate market estimates enabling our clients to transform their business, markets and most importantly their “REVENUES”. Contact Us FORENCIS RESEARCH Phone: +1 (720) 306 9020 Email:sales@forencisresearch.com For more market research insights, please visit https://www.forencisresearch.com