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(IT-NEWSWIRE.COM, March 24, 2018 ) Publisher projects that the Automotive Wiring Harness market size will grow from USD 42.70 Billion in 2017 to USD 102.01 Billion by 2023, at an estimated CAGR of 7.6%. The base year considered for the study is 2017, and the market size is projected from 2018 to 2023.
The automotive industry has been ever inclined towards improving the quality aspect of vehicles. OEMs are always focused on designing compact and light weight wiring harness which occupies less space in the interfacing of electrical and electronics devices of vehicle. The automotive wiring harness has evolved from the need of compact wiring, ease of operation in handling different electronic devices, and protection against vibrations and abrasions. Increase in demand of high end electronic and safety features in the passenger cars, upcoming legislations for safety technologies in developing countries, and increasing overall vehicle production are the factors which will drive this market. The automotive wiring harness which is used in many parts of electrical subsystems of an automotive forms an integral component to transfer energy for functioning of different functions of a vehicle.
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Automotive Wiring Harness Market Players:
Sumitomo Electric
Lear Corporation
Delphi Automotive PLC
Yazaki Corporation
Furukawa Electric Co.
Fujikura Automotive
Samvardhana Motherson Group
Leoni AG
PKC Group
THB Group
Minda Automotive
Yura Corporation.
Kromberg-Schubert
By Product Type:
PHEV, BEV, HEV,
By Application:
Chassis, Body, Engine, HVAC, Speed Sensors,
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Automotive Wiring Harness market based on product and application. It also provides market size and forecast till 2023 for overall Automotive Wiring Harness market with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America (SAM), which is later sub-segmented by respective countries and segments. The report evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend and provides exhaustive PEST analysis for all five regions.
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Also, key Automotive Wiring Harness market players influencing the market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products and services offered, financial information of last 3 years, key development in past five years.
Reason to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the Automotive Wiring Harness market, thereby allowing players to develop effective long term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
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Rajat Sahni
+1-646-491-9876
sales@reportsweb.com
Source: EmailWire.Com 
Source: EmailWire.com
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