Automotive Secondary Wiring Harness Market by Application (Engine, Cabin, Door Harness, Airbag Harness, Electronic Parking Brakes, Electronic Gear Shift System) - Global Forecast to 2022
The Automotive Secondary Wiring Harness Market is projected to grow at a CAGR of 11.91% during the forecast period 2017–2022, to reach at a market size of USD 22.90 Billion by 2022.
The base year for the report is 2016 and the forecast year is 2022. The objective of the study is to analyze and forecast (2017–2022) the market size, in terms of volume (units) and value (USD billion), of the automotive secondary wiring harness market. The report segments the market by application, vehicle type, electric vehicle type and region North America, Europe, Asia-Pacific, and the Rest of the World (RoW). A detailed study of various market leaders has been done and opportunity analysis has been provided in the report.
Various secondary sources such as company annual reports/presentations, press releases, industry association publications, International Organization of Motor Vehicle Manufacturers (OICA), International Cable makers Federation (ICF), Automobile wiring harness manufacturers, Automotive Wire and Cable Manufacturers, Wiring Harness Component Suppliers, Wiring Harness Design Companies, MarkLines database, magazine articles, encyclopedias, directories, technical handbooks, World Economic Outlook, trade websites, technical articles, and databases have been used to identify and collect information useful for an extensive study of this market. The primary sources experts from related industries, automotive wiring harness manufacturers, and wiring harness experts have been interviewed to obtain and verify critical information, as well as to assess future prospects and market estimations. The bottom up approach has been used to estimate and validate the size of the automotive secondary wiring harness market. In this approach, the market size, by volume, is derived by number of secondary wires used in different vehicle types at country level. The market size, by value, is derived by multiplying the average selling price of secondary wiring harness by the number of secondary wires in each application in each vehicle type at country level.
The ecosystem of the automotive secondary wiring harness market consists of various wiring harness manufacturers such as Sumitomo Electric Industries, Ltd. (Japan), Lear Corporation. (US), Delphi Automotive LLP. (UK), Yazaki Corporation. (Japan), and Furukawa Electric Co., Ltd. (Japan) and research institutes such as International Organization of Motor Vehicle Manufacturers (OICA), International Cable makers Federation (ICF), Japan Automobile Manufacturers Association (JAMA), European Automobile Manufacturers Association (EAMA), Canadian Automobile Association (CAA), and Korea Automobile Manufacturers Association (KAMA).
·Distributors and suppliers of insulators and conductors
·Electric vehicle manufacturers
·Industry associations and experts
·Insulators manufacturers
·Raw material suppliers
The key factors restraining the growth of the automotive secondary wiring harness market include the wiring harness corrosion and fluctuating raw material cost. The market is dominated by many international as well as domestic players such as Sumitomo Electric Industries, Ltd. (Japan), Lear Corporation. (US), Delphi Automotive LLP. (UK), Yazaki Corporation. (Japan), and Furukawa Electric Co., Ltd. (Japan).
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