PUBLISHER: Allied Market Research | PRODUCT CODE: 1070639
PUBLISHER: Allied Market Research | PRODUCT CODE: 1070639
Automotive wiring harness is an organized set of electrical cables, connectors, and terminals responsible for transmission of signals in electrical system in a vehicle. It is a major component of an automotive used in transmitting information associated with operation of the vehicle, sending & receiving sensor signals, and supplying power. Automotive wiring harness is used for the vehicle body, dashboard, engine, chassis, and other parts. Body wiring harness comprises wiring harness used to transmit signals to electrical parts situated on the body of vehicle, such as head lights, rear lights, dippers, and side indicators.
Several automobile manufacturers are now focused on providing safety features in vehicles. Safety features such as advanced driver assistance system (ADAS), Lane departure warning systems (LDWS), and others aid in making vehicles safer. However, these safety systems require additional sensor hardware and special wiring to transmit data & power, which in turn is expected to increase the demand for wiring harness. Various automobile manufacturers develop and manufacture vehicles with improved technologies to meet the vehicle emission standards introduced by government organizations globally.
Rise in adoption of electric vehicles, growth in sale of luxury vehicles, and integration of advanced features in vehicles drive the growth of the market. However, high maintenance cost is a factor that hampers the growth of the market. Technological advancements, and increased development of autonomous vehicles are factors expected to offer growth opportunities during the forecast period.
The report segments the global automotive wiring harness market on the basis of material, propulsion, vehicle type, voltage, application, and region. It provides particulars about different material type such as copper, aluminum, and others. In addition; it further outlines information about the propulsion such as ICE vehicles, electric vehicles, and hybrid vehicles. The vehicle segment provides insights into two wheeler, passenger cars, and commercial vehicles. The voltage segment has been divided into low voltage and high voltage. The application segment included in the report covers body & lighting, engine, HVAC, chassis, dashboard & cabin, and others. Moreover, it summarizes the details about revenue generated across regions such as North America, Europe, Asia-Pacific, and LAMEA.