Global Automotive Wiring Harness Market

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Lucintel forecasts that the engine application is expected to show above average growth during the forecast period. Within the global automotive wiring harness market, the copper segment is expected to remain the largest market. Increase in demand for hybrid and electric vehicles is the major factor that would spur growth for this segment over the forecast period.

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Global Automotive Wiring Harness Market 2016-
2021: Trends, Forecast, and Opportunity Analysis
1

Industry Profiles Snapshot
Major Parameter Description
Market Segments by
Application Type
Chassis wiring harness, body wiring harness, HVAC wiring harness,
engine wiring harness, speed sensor wiring harness
Market Segments by
Vehicle Type
Passenger car [small car, medium car, large car], commercial vehicle,
other
Market Segments by Region North America, Europe, Asia Pacific and Rest of the World.
Top Companies Name
Yazaki Corporation, Sumito Electric Industries Ltd., Delphi Corporation,
Leoni Group, and Lear Corporation
Trend Growth Rate and
CAGR
6.3%
Key Industry Forecast
The global automotive wiring harness market is expected to reach an
estimated $54.2 billion by 2021. The global automotive wiring harness
market is forecast to grow at a CAGR of 6.3% from 2016 to 2021.
Key Industry Driver
Driver: Increasing vehicle production and increasing content of electronic
technology in vehicles. .
2

Industry Overview
Market Size
• The global automotive wiring harness
market is expected to reach an estimated
$54.2 billion by 2021. The global automotive
wiring harness market is forecast to grow
at a CAGR of 6.3% from 2016 to 2021.
• Emerging trends which have a direct impact on
the dynamics of automotive wiring harness
industry include introduction of high voltage
wiring harness system in electric vehicles and
development of recycling of wiring harness
system.
Market Size (2021) $54.2 billion
CAGR (2016-21) 6.3%
3
Industry Performance : Forecast

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