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The global automotive wiring harness market accounted to US$ 47.08 Bn in 2018 and is expected to grow at a CAGR of 4.27% during the forecast period 2019 u2013 2027, to account to US$ 68.18 Bn by 2027.<br><br>Increases are expected in all the major production regions, while the North America and Asia Pacific are likely to perform more dynamically than the European region. The output of vehicles with alternative drive technologies will again very much outpace the overall market. Double-digit rates of growth are expected in all regions, which adds up to a 51 percent global increase in output.<br><br>Download Sample PDF Brochure at: https://www.theinsightpartners.com/sample/TIPTE100000611/<br>
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Automotive Wiring Harness Market Automotive Wiring Harness Market to 2027 - Global Analysis and Forecasts by Vehicle Type (Passenger Car, Light Commercial Vehicle, and Medium & Heavy Commercial Vehicle); Type (Main, Auxiliaries, Cockpit, ICE Harness, E-Motor Harness, and Others) E-Mail : sales@theinsightpartners.com
Automotive Wiring Harness Market The global automotive wiring harness market accounted to US$ 47.08 Bn in 2018 and is expected to grow at a CAGR of 4.27% during the forecast period 2019 – 2027, to account to US$ 68.18 Bn by 2027. Increases are expected in all the major production regions, while the North America and Asia Pacific are likely to perform more dynamically than the European region. The output of vehicles with alternative drive technologies will again very much outpace the overall market. Double-digit rates of growth are expected in all regions, which adds up to a 51 percent global increase in output. As per the automobile associations, the global vehicular population had crossed 1 billion mark in the year 2010 itself which was driven by the aggressive growth rates in India and China in that fiscal year. The rise in the sales of vehicles and in particular passenger cars can be attributed to the steady increase in the disposable incomes of consumers. Developing economies witnessed a steady growth in the post-recession era and thus there was rise in the disposable incomes by consumers. E-Mail : sales@theinsightpartners.com
Automotive Wiring Harness Market Globally, the trend of urbanization is growing at an exponential growth rate. Due to this, the average disposal income of the population staying in urban cities is also increasing, allowing them to enhance their lifestyles. The number of passenger cars operated worldwide is therefore bolstering, further creating a demand for production of passenger cars to cater to the ever increasing demands. This would drive the revenue prospects of automotive wiring harness market. Automobiles of today have evolved with large number of electronic integrations. The dashboard, infotainment systems, and head-up-display units in an automobile require large number of electronic components. As these electronic systems are becoming a common accessory, consumers and automakers have pushed the component suppliers for more innovations and integrations. Consumers demand for more intuitive technology, thus pushes automotive OEMs to look for best-in-class technology and features. Availability of large amounts of accessible content for entertainment and sources of information have left consumers demanding for more features integrated in the vehicle. These factors together would have a positive impact on the growth of automotive wiring harness market. E-Mail : sales@theinsightpartners.com
Automotive Wiring Harness Market The global automotive wiring harness market by vehicle type has been segmented into passenger car, Light Commercial Vehicle, and Medium & Heavy Commercial Vehicle (M&HCV). Wiring harness provides electrical as well as data connection within a vehicle. With the rise of advanced driver assistance systems such as Anti-lock Brake System (ABS), Electronic Brake Distribution (EBD), Lane-keep Assist, Traction Control, Electronic Stability Program (ESP), Adaptive Cruise Control, Automatic Braking, Automatic Parking and Blind Spot Detection (BSD) among others, the demand for data connectivity cables or harness is set to increase. TTheprice variation of passenger vehicle wiring harness as compared with LCV and M&HCV is around 30% - 40% on the lower side. However, the sheer volume of the passenger vehicle production has negated the weightage of the LCV and M&HC wiring harness prices thus capturing a larger market share of the among the three vehicle types. Get Research Sample here – https://www.theinsightpartners.com/sample/TIPTE100000611/ E-Mail : sales@theinsightpartners.com
Automotive Wiring Harness Market The List of Companies Sumitomo Electric Lear Corporation Delphi Automotive PLC (Aptiv) Yazaki Corporation Furukawa Electric Co. Fujikura Automotive SamvardhanaMotherson Group Leoni AG Minda Spark Nexans Get Discount on this Report@ https://www.theinsightpartners.com/discount/TIPTE100000611/ E-Mail : sales@theinsightpartners.com
Automotive Wiring Harness Market E-Mail : sales@theinsightpartners.com
Automotive Wiring Harness Market Table of Contents 1. INTRODUCTION 1.1 SCOPE OF THE STUDY 1.2 THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE 1.3 MARKET SEGMENTATION 1.3.1 Global Automotive wiring harness Market – By Vehicle Type 1.3.2 Global Automotive wiring harness Market – By Type 1.3.3 Global Automotive wiring harness Market – By Geography 2. KEY TAKEAWAYS 3. RESEARCH METHODOLOGY 3.1 COVERAGE 3.2 SECONDARY RESEARCH 3.3 PRIMARY RESEARCH 4. AUTOMOTIVE WIRING HARNESS MARKET LANDSCAPE 4.1 MARKET OVERVIEW 4.2 ECOSYSTEM ANALYSIS 4.3 PORTERS FIVE FORCES ANALYSIS E-Mail : sales@theinsightpartners.com
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