Auto Secondary Wiring Harness Market Share, Outlook And Future Scope Analysis - Forecast To 2023

Overview

A secondary wiring harness is used in vehicles and refers to a set of wires that help connect various electrical and electronic devices directly with the main wiring. This is done without any modification or attachment of connectors.

Key Players

The types of vehicles that employ automotive secondary wiring harness include internal combustion engine (ICE) and electric vehicle (EV). ICE comprises passenger vehicles, light commercial vehicle, and heavy commercial vehicle. Whereas EV consists of hybrid electric vehicle (HEV), battery electrical vehicle (BEV) and plug-in hybrid electric vehicle (PHEV).

Market Segmentation

The worldwide Auto Secondary Wiring Harness Market Share Market has been categorized with context to application and vehicle type.

Various applications of automotive secondary wiring harness are door harness, cabin, electronic parking brakes, engine, electronic gear shift system, and airbag harness. The cabin segment can be split into lighting, infotainment, steering wheel harness, and seat harness while the door harness segment includes power door lock harness, power mirror, and door handle harness. Airbag harness enjoys robust demand due to rising installations of extra airbag in latest vehicle models along with the increasing mandates for automotive safety.

Regional Insight

Europe, North America, Asia Pacific (APAC) and the Rest of the World (ROW) are the primary markets for automotive secondary wiring harness.

Asia Pacific could be the leading Auto Secondary Wiring Harness Market Share in the near future, as a result of the expansive population and rising middle class. These factors are influencing the automotive sales in a positive way in the region. Increasing use of advanced systems and vehicle production in the region owing to robust demand for premium vehicles has intensified the demand for automotive secondary wiring harness. The region is also noting immense infrastructure development which has done wonders for the market in recent years. This is a critical factor that helps augment the demand for heavy vehicles that need advanced technology automotive wiring for heat insulation.

Germany is touted to be the most profitable market for automotive secondary wiring harness in Europe during the forecast period. Germany is one of the prominent technology hubs of automotive industry in the world, and it also houses a huge number of esteemed players. This gives a substantial boost to the regional market in the process.

Renowned Players

Highly renowned vendors operating in the worldwide Auto Secondary Wiring Harness Market Share, include Ashok Minda Group (India), Aptiv PLC (UK), Yazaki Corporation. (Japan), and Furukawa Electric Co., Ltd. (Japan)

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