Automotive Wiring Harness Market: Global Industry Analysis and

Forecast to 2020

Persistence Market Research

Automotive Wiring Harness Market: Global

Industry Analysis and Forecast to 2020

Persistence Market Research

Automotive Wiring Harness Market: Global Industry Analysis and

Forecast to 2020
Persistence Market Research Released New Market Report on Automotive Wiring Harness
Market: Global Industry Analysis and Forecast to 2020.
Automotive wiring harness is an assembly of wires or cables which transmits electrical power or
signals in the automobiles. As compared to the individual electric wires in an automotive,
automotive wiring harness are better safeguarded against the impact of vehicular vibrations.
Additionally, automotive wiring harness is more secure from abrasions and moisture. The global
automotive wiring harness market is witnessing exponential growth due to the increasing
automobile industry.
Browse complete report on Automotive Wiring Harness Market at
http://www.persistencemarketresearch.com/market-research/automotive-wiring-harnessmarket.asp .

The automotive wiring harness broadly consists of six components namely electric wire,
protector, grommet, terminal, tape and clamp. Automotive wiring harness industry is showing
great advancements in increasing the efficiency of the harness. The price of automotive wiring
harness have been declining in recent times due to falling copper prices (one of the raw material
for automotive wiring harness) and several lawsuits against the price control practice of the key
manufacturers. The fall in prices has further increased the demand for automotive wiring
harness globally. In the European Union, six substances used in automotive wiring harness
namely lead, mercury, hexavalent chromium, polybrominated biphenyls and polybrominated
diphenyl ether must fall under RoHS lead-free directive.

Among regions, Asia Pacific dominated the global automotive wiring harness market in 2013
followed by Europe. Japan is the leading producer of automotive wiring harness in Asia Pacific.
With the increasing automobiles, Asia Pacific is expected to retain its leadership position by
2020.

The pacified European automobile market is expected to pick up the fast growth trend with its
recovering economy which is expected to forward its benefit to the automotive wiring harness
market.

Persistence Market Research

Automotive Wiring Harness Market: Global Industry Analysis and

Forecast to 2020
The automotive wiring harness market for new energy vehicles including the electric and hybrid
vehicles have higher per unit cost due to the higher production cost of high voltage wiring
harness assembly. The special processing in terms of electricity transmitting capacity,
mechanical strength, insulation protection and electromagnetic compatibility increases the
production cost by 25%-50%. The increasing numbers of new energy vehicles are expected to
boost the automotive wiring harness market significantly in terms of value. The Chinese market
for new energy vehicles is increasing rapidly which is expected to attract significant demand for
the automotive wiring harness market in this category.

Automotive wiring harness industry is highly consolidated where four major players account for
about 75% of the market. The key market players in automotive wiring harness market include
Delphi Automotive, Furukawa Electric, Lear, Leoni, Sumitomo Electric Industries, Yazaki, Tianjin
Jin-Zhu Wiring Systems and Prestolite Wire.

The large companies have been making organic and inorganic investments to increase their
global reach and cater to the increasing automotive wiring harness demands. For instance,
Furukawa acquired Mitsubishis automotive connector business in 2011 to increase investment
in this field. In May 2013, Furukawa decided to expand the production of its Philippines factory.
Chinese automotive wiring harness company Shenzen Deren Electronics Co. Ltd. purchased
auto connector and wiring harness business of CAEG in 2012. The largest companies such as
Yazaki, SY System Tech, Leoni and Furukawa have been several times penalized for controlling
market prices in North America and Europe. These four companies have been penalized with
USD 187 million in July 2013 by European Union on the same grounds.
Browse full TOC: http://www.persistencemarketresearch.com/toc/3678
Key points covered in the report:1. Report segments the market on the basis of types, application, products, technology, etc
(as applicable)
2. The report covers geographic segmentation
North America
Europe
Asia
RoW

Persistence Market Research

Automotive Wiring Harness Market: Global Industry Analysis and

Forecast to 2020
3. The report provides the market size and forecast for the different segments and
geographies for the period of 2010 to 2020
4. The report provides company profiles of some of the leading companies operating in the
market
5. The report also provides porters five forces analysis of the market.
Browse the full All Upcoming Persistence Market's report at
http://www.persistencemarketresearch.com/forthcoming-reports.asp
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Persistence Market Research

Automotive Wiring Harness Market: Global Industry Analysis and

Forecast to 2020
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