Automotive Wiring Harness Market to grow by almost 4% in 2020, Aptiv Plc and Fujikura Ltd. Emerge as Key Contributors to growth | Technavio
Technavio has been monitoring the automotive wiring harness market and it is poised to grow by USD 10.7 billion during 2020-2024, progressing at a CAGR of almost 4% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment. Download a Free Sample Report on COVID-19
Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries. However, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. COVID-19 will have an Inferior impact on the automotive wiring harness market. The market growth in 2020 is likely to increase compared to the market growth in 2019.
Frequently Asked Questions:
Based on segmentation by application, which is the leading segment in the market?
The chassis wiring harnesses are expected to be the leading segment based on application in the global market.
What are the major trends in the market?
Advances in autonomous vehicles is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of almost 4%, the incremental growth of the market is anticipated to be USD 10.7 billion.
Who are the top players in the market?
Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Kyungshin Co. Ltd., Lear Corp., LEONI AG, Nexans SA, Samvardhana Motherson Group, Sumitomo Electric Industries Ltd., and Yazaki Corp. are some of the major market participants.
What are the key market drivers and challenges?
Use of advanced materials for wire harnesses is one of the major factors driving the market. However, the data breaches restraints the market growth.
How big is the APAC market?
The APAC region will contribute 64% of market growth.
Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.
The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Kyungshin Co. Ltd., Lear Corp., LEONI AG, Nexans SA, Samvardhana Motherson Group, Sumitomo Electric Industries Ltd., and Yazaki Corp. are some of the major market participants. The use of advanced materials for wire harnesses will offer immense growth opportunities. In a bid to help players strengthen their market foothold, this automotive wiring harness market forecast report provides a detailed analysis of the leading market vendors. The report also empowers industry honchos with information on the competitive landscape and insights into the different product offerings offered by various companies.
Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The automotive wiring harness market report covers the following areas:
Automotive Wiring Harness Market Size
Automotive Wiring Harness Market Trends
Automotive Wiring Harness Market Analysis
This study identifies advances in autonomous vehicles as one of the prime reasons driving the automotive wiring harness market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
Register for a free trial today and gain instant access to 17,000+ market research reports.
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist automotive wiring harness market growth during the next five years
Estimation of the automotive wiring harness market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the automotive wiring harness market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of automotive wiring harness market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Value chain analysis
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2019
Market outlook
Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY APPLICATION
Market segmentation by application
Comparison by application
Chassis - Market size and forecast 2019-2024
Sensors - Market size and forecast 2019-2024
HVAC - Market size and forecast 2019-2024
Market opportunity by application
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity
PART 09: MARKET SEGMENTATION BY VEHICLE TYPE
Market segmentation by vehicle type
Comparison by vehicle type
Passenger vehicles - Market size and forecast 2019-2024
Light commercial vehicles - Market size and forecast 2019-2024
Medium and heavy commercial vehicles - Market size and forecast 2019-2024
Market opportunity by vehicle type
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Advances in autonomous vehicles
Development of advanced automotive wire harness systems
Growing application in automotive powertrains
PART 13: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 14: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Aptiv Plc
Fujikura Ltd.
Furukawa Electric Co. Ltd.
Kyungshin Co. Ltd.
Lear Corp.
LEONI AG
Nexans SA
Samvardhana Motherson Group
Sumitomo Electric Industries Ltd.
Yazaki Corp.
PART 15: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of common stock of QuidelOrtho Corporation between February 18, 2022 and April 1, 2024, both dates inclusive (the "Class Period") of the important June 11, 2024 lead...
Results
For the year ended January 31, 2024, the Company's revenues decreased by $139,027,000 to $578,945,000 compared to $717,972,000 recorded for the year ended January 31, 2023, a decrease of 19.4%. This decrease is mainly explained by the...
Lendistry announces today that it has been selected to administer the Entertainment Business Interruption Fund Program (BIF) to support small Los Angeles County businesses serving the entertainment industry. This program, created and funded through...
Rocky Mountain Liquor Inc. (the "Company" or "Rocky Mountain"), listed on the TSX Venture Exchange (the "Exchange"), today reported its financial results for the full year and fourth quarter ended December 31, 2023.KEY...
Guanajuato Silver Company Ltd. (the "Company" or "GSilver") announces a brokered, best-efforts Listed Issuer Financing Exemption private placement (the "Offering") consisting of units of the Company (the "Units") at a price of C$0.20 per Unit (the...
Customers Bancorp, Inc. :
First Quarter 2024 Highlights
Q1 2024 net income available to common shareholders was $45.9 million, or $1.40 per diluted share; ROAA was 0.94% and ROCE was 12.08%.
Q1 2024 core earnings* were $46.5 million, or $1.42...