DUBLIN--(BUSINESS WIRE)--The "Automotive Secondary Wiring Harness Market - Global Forecast to 2022" report has been added to Research and Markets' offering.
The automotive secondary wiring harness market is projected to grow at a CAGR of 20.96% from 2017, to reach USD 33.78 Billion by 2022.
The automotive technology has evolved tremendously in the recent years and that has led to an increase in the number of complex and high-end electric & electronic systems used in vehicle. Technologies such as advanced infotainment system and safety and security system have increased the installation rate of secondary wiring harnesses in a vehicle. New technology innovators are entering the automotive market with new, complex technologies that will raise the usage of wiring harness. Hence, increased preferences for high-end electronics is driving the demand for secondary wiring harness.
The cabin harness application segment is estimated to be the largest segment, by application, of the automotive secondary wiring harness market in 2017, in terms of value. The demand for automotive secondary wiring harness in cabin harness application is increasing because of the increase in high technology systems like infotainment systems and embedded systems.
The automotive secondary wiring harness market for passenger cars segment is estimated to hold the largest market size during the forecast period. This is due to the huge production of passenger cars in countries such as China and India. The huge production of passenger cars can be attributed to the government incentives and schemes such as introduction of free trade zones and tax cuts. This has also helped to drive the overall automotive secondary wiring harness market and has favored the implementation of customer-focused features such as better comfort, advanced infotainment systems, and safety in passenger cars at an affordable price.
Companies Mentioned
- Delphi Automotive Llp.
- Furukawa Electric Co., Ltd.
- Lear Corporation.
- Leoni Ag
- Nexans
- Samvardhana Motherson Group.
- Spark Minda, Ashok Minda Group.
- Sumitomo Electric Industries, Ltd.
- THB Group.
- Yazaki Corporation.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Automotive Secondary Wiring Harness Market, By Application Type
7 Automotive Secondary Wiring Harness Market, By Vehicle Type
8 Automotive Secondary Wiring Harness, By Electric Vehicle Type
9 Automotive Secondary Wiring Harness Market, By Region
10 Competitive Landscape
11 Company Profiles
12 Appendix
For more information about this report visit https://www.researchandmarkets.com/research/49hvbh/automotive
