United States Automotive Secondary Harness Market was valued at USD 0.9 Billion in 2022 and is projected to reach USD 1.6 Billion by 2030, growing at a CAGR of 7.7% from 2024 to 2030.
The US automotive secondary harness market plays a crucial role in the automotive industry, especially with the increasing demand for advanced electrical systems in vehicles. A secondary harness refers to the network of wires, connectors, and terminals used in automobiles to transmit power and data between various components such as sensors, lights, and other electronic devices. These harnesses are critical in ensuring smooth communication between the vehicle's electrical components, thus maintaining the overall efficiency of the vehicle.
The market for automotive secondary harnesses is largely driven by the growing trend toward vehicle electrification and the increasing number of electrical components used in modern vehicles. As electric vehicles (EVs) and hybrid vehicles become more common, the demand for reliable and efficient electrical connections is at an all-time high. Manufacturers are under pressure to create robust, lightweight, and cost-effective solutions to meet these needs.
Industries requiring automotive secondary harnesses vary widely, but they primarily include OEMs (Original Equipment Manufacturers) and aftermarket suppliers. OEMs rely on these harnesses to install systems like airbags, infotainment systems, lighting, and safety features into their vehicles during production. Aftermarket suppliers, on the other hand, focus on providing harness solutions for vehicle upgrades or repairs, ensuring that aftermarket electronic components are properly integrated into the vehicle's electrical system.
Additionally, the demand from electric vehicle manufacturers is expected to see significant growth in the coming years. EV manufacturers require specialized harnesses to accommodate their unique powertrain designs and complex battery management systems. As the industry continues to evolve, secondary harnesses will need to meet increasingly stringent standards for safety, efficiency, and durability.
In summary, the US automotive secondary harness market is poised for significant expansion due to technological advancements in electric and autonomous vehicles. Industry requirements will continue to grow, demanding more sophisticated and adaptable solutions for vehicle wiring needs. With the push towards eco-friendly vehicles and enhanced safety standards, automotive secondary harnesses will remain at the heart of automotive innovation, making their role indispensable in the years to come.
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Sumitomo Electric Industries
Ltd. (Japan)
Lear Corporation. (US)
Delphi Automotive (US)
Yazaki Corporation. (Japan)
Furukawa Electric Co.
Ltd. (Japan)
Nexans (FR)
Samvardhana Motherson Group (IN)
Leoni AG (DE)
THB Group (UK)
Spark Minda
Ashok Minda Group. (IN)
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the US Automotive Secondary Harness Market
Passenger Vehicles
Commercial Vehicles
Electric Vehicles
Hybrid Vehicles
Power Distribution
Lighting
Entertainment Systems
Safety and Security Systems
Communication Module
Copper
Aluminum
Plastic
Composite Materials
Single Layer Harness
Multi-Layer Harness
Flexible Wiring Harness
Rigid Wiring Harness
Automotive OEMs (Original Equipment Manufacturers)
Aftermarket Suppliers
Contract Manufacturers
Automotive Component Suppliers
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the US Automotive Secondary Harness Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. US Automotive Secondary Harness Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. US Automotive Secondary Harness Market, By Type
6. US Automotive Secondary Harness Market, By Application
7. US Automotive Secondary Harness Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. US Automotive Secondary Harness Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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