Global Automotive Wire Harness and Connectors Market Research Report 2022

Wiring harnesses and connectors are part of the vehicle wiring system. A wire harness is a group of cables or wires that are fixed together by inspection materials (such as cable sleeves, ties, conduits, or belts). The wiring harness also eliminates any confusion or possible incorrect installation by grouping the wires into a single connection device. The connector is connected to the wire or the wire is passed through the assembly. They are waterproof and heat-resistant, and a hard shell with locking clips secures the two halves of the connector together.
Market Analysis and Insights: Global Automotive Wire Harness and Connectors Market
Due to the COVID-19 pandemic, the global Automotive Wire Harness and Connectors market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Body Wire Harness and Connector accounting for % of the Automotive Wire Harness and Connectors global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Commercial Car segment is altered to an % CAGR throughout this forecast period.
North America Automotive Wire Harness and Connectors market is estimated at US$ million in 2021, while Europe is forecast to reach US$ million by 2028. The proportion of the North America is % in 2021, while Europe percentage is %, and it is predicted that Europe share will reach % in 2028, trailing a CAGR of % through the analysis period 2022-2028. As for the Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.
The global major manufacturers of Automotive Wire Harness and Connectors include Lear Corporation, Leoni AG, Nexans, Yazaki Corporation, Huber+Suhner, Amphenol, Motherson Sumi Systems, The Furukawa Electric Co., Ltd. and Rosenberger Hochfrequenztechnik GmbH & Co. KG, etc. In terms of revenue, the global 3 largest players have a % market share of Automotive Wire Harness and Connectors in 2021.
Global Automotive Wire Harness and Connectors Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Automotive Wire Harness and Connectors Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Body Wire Harness and Connector
HVAC Wire Harness and Connector
Engine Wire Harness and Connector
Others
Segment by Application
Commercial Car
Passenger Car
By Company
Lear Corporation
Leoni AG
Nexans
Yazaki Corporation
Huber+Suhner
Amphenol
Motherson Sumi Systems
The Furukawa Electric Co., Ltd.
Rosenberger Hochfrequenztechnik GmbH & Co. KG
Sumitomo Electric Industries
Fujikura
Japan Aviation Electronics Industry, Ltd.
TE Connectivity
Volkswagen
Dräxlmaier Group
Ningbo KBE Electrical
JST
Luxshare Precision
Production by Region
North America
Europe
China
Japan
South Korea
India
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina