The automotive secondary wiring harness market is anticipated to grow at a significant CAGR of 4.5% during the forecast period (2022-2028). An automotive secondary wiring harness is a collection of wires, terminals, and connections that run throughout the car to transport data and electricity. An automotive secondary wire harness is intended to link various sections of the vehicle, such as the body, engine, dashboard, chassis, and others, according to the electrical and dimensional specifications of vehicles. An automobile wire harness ensures basic operation and increased safety by transmitting control signals and electrical power to electronic and electrical equipment in the vehicle. Some of the primary driving factors for the market’s growth include a rising emphasis on safety solutions, increased demand and usage of hybrid and electric cars, and increasing electrification of vehicles.
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The global automotive secondary wiring harness market is segmented based on the application type, wire type, and vehicle type. Based on the application type, the market is sub-segmented into ignition system, charging system, drivetrain & powertrain system, infotainment system & dashboard, vehicle control & safety systems, and body & cabin wiring harness. Based on the wire type, the market is sub-segmented into copper and aluminum. Based on the vehicle type, the market is sub-segmented into passenger vehicles and commercial vehicles. Among these vehicle types, the passenger vehicles segment is expected to propel the growth of the market due to the increasing demand and usage of electric cars globally.
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The market players are also contributing significantly to the market’s growth by adopting various strategies, including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in October 2021, Leoni opened its fourth manufacturing factory in Serbia. For its new wiring harness production plant, the corporation spent more than 50 million EUR on construction and equipment. Similarly, in July 2021, Yazaki India Pvt. Ltd., a subsidiary of Yazaki Corp. Japan, proposed building a wire harnessing factory in Manipur, India.
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Market Coverage
- The market number available for – 2021-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered-
- By Application Type
- By Wire Type
- By Vehicle Type
- Regions Covered-
- North America
- Europe
- Asia-Pacific
- Rest of the World
- Competitive Landscape- Leoni AG, Yazaki Corp., Aptiv PLC, Sumitomo Electric Industries Ltd., Lear Corp., Motherson Sumi Systems Ltd., Furukawa Electric Co. Ltd., Fujikura Ltd., Coroplast Fritz Muller GmbH & Co., and Jiangsu Kyungshin Electronic Co. Ltd., among others.
Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How has COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Automotive Secondary Wiring Harness Market Report by Segment
By Application Type
- Ignition System
- Charging System
- Drivetrain & Powertrain System
- Infotainment System & Dashboard
- Vehicle Control & Safety Systems
- Body & Cabin Wiring Harness
By Wire Type
- Copper
- Aluminum
By Vehicle Type
- Passenger Vehicles
- Commercial Vehicles
Global Automotive Secondary Wiring Harness Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
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