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Sagar Kadam

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Automotive Wiring Harness Market Size, Outlook, Strategies, Key Drivers Forecast To 2023
Automotive Wiring Harness Market Size, Outlook, Strategies, Industry Analysis, Future Scope, Key Drivers Forecast To 2023

BriefingWire.com, 9/16/2020 - Overview

Escalating demand for vehicle comfort as well as safety accessories could provide lucrative opportunities to the worldwide Automotive Wiring Harness Market Size,. Apart from this, the world over, various wiring harness manufacturing vendors are striving to develop secondary wiring harness systems that give back-up to high-technology systems like lighting systems, infotainment systems, connectivity technology, and electronic brakes.

Key Players

The types of vehicles that employ automotive secondary wiring harness include internal combustion engine (ICE) and electric vehicle (EV). ICE comprises passenger vehicles, light commercial vehicle, and heavy commercial vehicle. Whereas EV consists of hybrid electric vehicle (HEV), battery electrical vehicle (BEV) and plug-in hybrid electric vehicle (PHEV).

Segmentation

The worldwide Automotive Wiring Harness Market Size Market has been categorized with context to application and vehicle type.

Various applications of automotive secondary wiring harness are door harness, cabin, electronic parking brakes, engine, electronic gear shift system, and airbag harness. The cabin segment can be split into lighting, infotainment, steering wheel harness, and seat harness while the door harness segment includes power door lock harness, power mirror, and door handle harness. Airbag harness enjoys robust demand due to rising installations of extra airbag in latest vehicle models along with the increasing mandates for automotive safety.

Regional Insight

Germany is touted to be the most profitable market for automotive secondary wiring harness in Europe during the forecast period. Germany is one of the prominent technology hubs of automotive industry in the world, and it also houses a huge number of esteemed players. This gives a substantial boost to the regional market in the process.

North America stands as an important market for Automotive Wiring Harness Market Size,. The region is known for having a highly lucrative market for premium vehicles, which could benefit the automotive secondary wiring harness automotive wiring harness market as well. Moreover, there has been exponential demand for extra safety and convenience features in mid-segment vehicles in the region. The sum of these factors is expected to significantly push the growth of the regional market in the following years.

Renowned Players

Highly renowned vendors operating in the worldwide Automotive Wiring Harness Market Size, include Ashok Minda Group (India), Aptiv PLC (UK), Yazaki Corporation. (Japan), and Furukawa Electric Co., Ltd. (Japan), Sumitomo Electric Industries, Ltd. (Japan), Lear Corporation. (US), Leoni AG (Germany), Samvardhana Motherson Group. (India), Spark Minda, Nexans (France), and THB Group. (China).

Get Full Report @ https://www.marketresearchfuture.com/reports/automotive-secondary-wiring-harness-market-6091

 
 
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