Automotive Wiring Harness Market Size Forecast to 2020 By P&S Market
The global automotive wiring harness market is growing, due to increase in demand for electronics and safety features in passenger car.
<p>Wiring harness for alternate energy vehicles and growing automotive safety norms in developing countries are some of the factors providing ample growth opportunities for the global automotive wiring harness market. Some of the factors restraining the growth of the market are maintenance issues related with automotive wiring harness, and their high cost. The automobile sector is growing, especially in Middle East & Africa, due to increasing government support in form of tax exemptions and fiscal incentives in free zones of the region. In Japan, the small car segment of the automotive industry is growing, which is supporting the growth of the automotive wiring harness market. Additionally, the adoption of module, demand for car digitalization and connectivity, and platform strategies adopted by key passenger car manufacturers, such as Volkswagen and General Motors are supporting the growth of the market. Due to strict government regulations for reducing harmful fuel emissions, the demand for hybrid and electric vehicles is increasing. Moreover, the motorization trend has substantially improved the economy of the countries in Asia-Pacific, especially China, which is resulting in the growth of automotive industry, thus leading to increased demand for automotive wiring harness.</p> <p><strong>Explore more about Global Automotive Wiring Harness Market at: </strong><a href="https://www.psmarketresearch.com/market-analysis/automotive-wiring-harness-market">https://www.psmarketresearch.com/market-analysis/automotive-wiring-harness-market</a></p> <p>The Asia-Pacific market is growing with the highest rate, due to the growing consumer preference for safety features and high-end electronics in the heavy and light vehicles in the countries, such as India and China. The automotive wiring harness market in some countries of North America and Europe is saturated, as safety equipment and high-end electronics are already installed in most of the vehicles in these regions. Whereas, Canada and Mexico are still untapped markets, due to the commissioning of new vehicle assembly plants and increasing vehicle production capacity in the countries.</p> <p>Among all the vehicle types, the commercial vehicle and passenger vehicle holds more than three-fourth share of the global market. Additionally, the hybrid vehicle category is expected to lose its share in the coming years, due to higher cost as compared to other vehicle types. Among all the products, the chassis wiring harness is expected to lead the global market in the coming years. The Original equipment manufacturers (OEMs) are focusing to design a <span lang="EN-GB">light weight and compact wiring harness, which occupies less space in the interfacing of electronics and electrical devices of the vehicle. The global market of automotive wiring harness is also growing due to the increasing need of protection against abrasions and vibrations, compact wiring, and simplicity of operation in managing different electronic devices.</span></p> <p><strong>Download TOC at</strong><strong>:</strong> <a href="https://www.psmarketresearch.com/market-analysis/automotive-wiring-harness-market/toc-sample">https://www.psmarketresearch.com/market-analysis/automotive-wiring-harness-market/toc-sample</a></p> <p><span lang="EN-GB">Some of the competitors in the market are Lear Corporation, Furukawa Electric Co. Ltd., Samvardhana Motherson Group, Nexans Autoelectric GmbH, Sumitomo Electric Industries Ltd., YAZAKI Corporation, THB Group Ltd., and Delphi Automotive LLP.</span></p> <p><strong>Global Automotive Wiring Harness Market Segmentation</strong></p> <p><strong>By Vehicle Type</strong></p> <p>Electric Vehicle</p> <p>Passenger Vehicle</p> <p>Hybrid Vehicle</p> <p>Commercial Vehicle</p> <p><strong>By Product</strong></p> <p>Chassis Wiring Harness</p> <p>Speed Sensors Wiring Harness</p> <p>Engine Wiring Harness</p> <p>Body Wiring Harness</p> <p>Others</p> <p><strong>By Geography</strong></p> <p>North America</p> <p>Europe</p> <p>Asia -Pacific</p> <p>Rest of the World</p> <p><strong>Browse Related Market Research at:</strong> <a href="https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics">https://www.psmarketresearch.com/industry-report/semiconductor-and-electronics</a></p> <p><strong>About P&S Market Research</strong></p> <p>P&S Market Research is a market research company, which offers market research and consulting services for various geographies around the globe. We provide market research reports, industry forecasting reports, business intelligence, and research based consulting services across different industry/business verticals.</p> <p>As one of the top growing market research agency, we’re keen upon providing market landscape and accurate forecasting. Our analysts and consultants are proficient with business intelligence and market analysis, through their interaction with leading companies of the concerned domain. We help our clients with B2B market research and assist them in identifying various windows of opportunity, and framing informed and customized business expansion strategies in different regions.</p> <p><strong>Contact:</strong></p> <p>Abhishek</p> <p>Executive – Client Partner</p> <p>347, 5th Ave. #1402</p> <p>New York City, NY - 10016</p> <p>Toll-free: +1-888-778-7886 (USA/Canada)</p> <p>Email<strong>:</strong> <a href="mailto:firstname.lastname@example.org">email@example.com</a></p> <p>Web:<a href="https://www.psmarketresearch.com/">https://www.psmarketresearch.com</a></p>