The purpose of the report is to illustrate the state of the market of Automotive Wiring Harness, to present actual information about the volumes of production, exports, imports, consumption and the state of the market, the changes that took place in 2017, and also, to build a forecast for the growth of the industry in the medium term until 2026.
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Post economic depression, growing demand for automobiles with enhanced safety and functionality features has been a major driving factor for the growth in the global automotive sector. From past few years, growth in the automotive sector has created new avenues for adjacent industries such as automotive wiring harness market to flourish. Consumer preference for technologies such as advanced driving assistance and smart automotive electrical components have encouraged automobile manufacturers to incorporate these technologies into their vehicles. In addition, stringent regulations framed by the automobile associations such as Society of Automotive Engineers (SAE) and International Standard Organization (ISO) for safety and fuel economy have been major driving factors for a revolution in the automotive industry. Demanding nature of new age automobiles has created a need for efficient wiring harnesses to sustain rising electric load. Thereby, the demand for enhanced automotive wiring harness is expected to flourish in the following years. Automotive wiring harness manufacturers have been focusing on expanding their network in rising economies of the Asia Pacific region. Developing countries in the Asia Pacific region such as India and China have created a promising market for the automobile sector to grow. This has certainly, fuelled the demand for automotive wiring harness in this region.
Major players in the automotive wiring harness market include Ashok Minda Group, China Auto Electronics Group Limited (THB Group), Delphi Automotive LLP, Furukawa Electric Co., Ltd., Fujikura Ltd., LEONI AG, Lear Corporation, Nexans autoelectric GmbH, PKC Group, Sumitomo Electric Industries, Ltd., Qingdao Yujin Electro-Circuit Systems Co., Ltd., Spark Minda, Kromberg & Schubert KG, Samvardhana Motherson Group and Yazaki Corporation.
Why was the report written?
This report is the result of an extensive survey drawn from Credence Research’s exclusive panel of leading global market industry executives; it provides data and analysis on buyer investment, acquisition, and developments within the global market research. It includes key topics such as global Automotive Wiring Harness buyer expenditure and procurement behaviors and strategies and recognizes the threats and possibilities within the industry, economic outlook trends, and business confidence within global industry executives. Most secondary research reports are based on general industry drivers and do not understand the industry executives’ attitude and changing behaviors, creating a gap in presenting the business outlook of the industry; in an effort to bridge this gap, Credence Research created this primary research-based report by gathering the opinions of multiple stakeholders in the value chain of the global industry.
What is the current market landscape and what is changing?
Executives from the global industry anticipate an increase in levels of consolidation, with 55% of respondents projecting an increase in merger and acquisition (M&A) activities in 2017.
The report on the market of Automotive Wiring Harness contains:
Analysis and forecast of Automotive Wiring Harness market dynamics;
Analysis of domestic production, market shares of the main market players;
Analysis of exports and imports;
Analysis of factors, leading the development of the Automotive Wiring Harness market;
Assessment and forecast of Automotive Wiring Harness market development;
Financial and business profiles of the leading companies in the Automotive Wiring Harness industry.
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– Up to date working Automotive Wiring Harness data by major regions in the world, the forecast of planned capacity additions by 2026
– The annual breakdown of capital expenditure spending on proposed Automotive Wiring Harness for the period 2018 to 2026
– Planned Automotive Wiring Harness additions and capital expenditure spending by key countries and companies across the world
– Planned capital expenditure spending on new Automotive Wiring Harness projects by region, key countries, and companies
– Details of major planned Automotive Wiring Harness projects in the world up to 2026
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