The Asia-Pacific market is growing with the highest rate, due to the growing consumer preference for safety features and high-end electronics in the heavy and light vehicles in the countries, such as India and China. The automotive wiring harness market in some countries of North America and Europe is saturated, as safety equipment and high-end electronics are already installed in most of the vehicles in these regions. Whereas, Canada and Mexico are still untapped markets, due to the commissioning of new vehicle assembly plants and increasing vehicle production capacity in the countries.

1. GLOBAL INDUSTRY INSIGHT:
Automotive Wiring Harness Market Size, Share, Development, Growth
and Demand Forecast to 2020

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Global Automotive Wiring Harness Market Size, Share,
Development, Growth and Demand Forecast to 2020
The global automotive wiring harness market is growing, due to increase in demand for electronics and safety
features in passenger car, technological advancement in automotive wiring harness system, and growing demand
for electric vehicles. Additionally, the increase in overall vehicle production and legislation mandating automotive
safety technology are also supporting the growth of the market. Wiring harness for alternate energy vehicles and
growing automotive safety norms in developing countries are some of the factors providing ample growth
opportunities for the global automotive wiring harness market. Some of the factors restraining the growth of the
market are maintenance issues related with automotive wiring harness, and their high cost. The automobile sector
is growing, especially in Middle East & Africa, due to increasing government support in form of tax exemptions
and fiscal incentives in free zones of the region. In Japan, the small car segment of the automotive industry is
growing, which is supporting the growth of the automotive wiring harness market. Additionally, the adoption of
module, demand for car digitalization and connectivity, and platform strategies adopted by key passenger car
manufacturers, such as Volkswagen and General Motors are supporting the growth of the market. Due to strict
government regulations for reducing harmful fuel emissions, the demand for hybrid and electric vehicles is
increasing. Moreover, the motorization trend has substantially improved the economy of the countries in Asia-
Pacific, especially China, which is resulting in the growth of automotive industry, thus leading to increased
demand for automotive wiring harness.
Explore more about Global Automotive Wiring Harness Market at:
https://www.psmarketresearch.com/market-analysis/automotive-wiring-harness-market
The Asia-Pacific market is growing with the highest rate, due to the growing consumer preference for safety
features and high-end electronics in the heavy and light vehicles in the countries, such as India and China. The
automotive wiring harness market in some countries of North America and Europe is saturated, as safety
equipment and high-end electronics are already installed in most of the vehicles in these regions. Whereas,
Canada and Mexico are still untapped markets, due to the commissioning of new vehicle assembly plants and
increasing vehicle production capacity in the countries.
Among all the vehicle types, the commercial vehicle and passenger vehicle holds more than three-fourth share of
the global market. Additionally, the hybrid vehicle category is expected to lose its share in the coming years, due
to higher cost as compared to other vehicle types. Among all the products, the chassis wiring harness is expected
to lead the global market in the coming years. The Original equipment manufacturers (OEMs) are focusing to
design a light weight and compact wiring harness, which occupies less space in the interfacing of electronics and
electrical devices of the vehicle. The global market of automotive wiring harness is also growing due to the
increasing need of protection against abrasions and vibrations, compact wiring, and simplicity of operation in
managing different electronic devices.

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Global Automotive Wiring Harness Market Size, Share,
Development, Growth and Demand Forecast to 2020
Download TOC at: https://www.psmarketresearch.com/market-analysis/automotive-wiring-harness-market/toc-
sample
Some of the competitors in the market are Lear Corporation, Furukawa Electric Co. Ltd., Samvardhana
Motherson Group, Nexans Autoelectric GmbH, Sumitomo Electric Industries Ltd., YAZAKI Corporation, THB
Group Ltd., and Delphi Automotive LLP.
Global Automotive Wiring Harness Market Segmentation
By Vehicle Type
 Electric Vehicle
 Passenger Vehicle
 Hybrid Vehicle
 Commercial Vehicle
By Product
 Chassis Wiring Harness
 Speed Sensors Wiring Harness
 Engine Wiring Harness
 Body Wiring Harness
 Others
By Geography
 North America
 Europe
 Asia -Pacific
 Rest of the World

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Global Automotive Wiring Harness Market Size, Share,
Development, Growth and Demand Forecast to 2020
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