AUTOMOTIVE WIRING HARNESS MARKET ANALYSIS

Automotive Wiring Harness Market, By Component (Connectors, Wires (General Wires, Heat Resistant Wires, Shielded Wires, and Tubed Wires), Terminals), By Material Type (Metallic Wiring (Copper and Aluminum) and Optical Wiring (Glass Optical fiber and Plastic Optical fiber)), By Propulsion System (IC Engine Vehicles, Electric Vehicles (Plug-In Hybrid Electric Vehicle (PHEV), Hybrid Electric Vehicle (HEV), and Battery Electric Vehicle)), By Geography (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : Sep 2023
Code : CMI3653
Pages :160
Formats :
Excel and PDF
Industry : Automotive and Transportation

Automotive Wiring Harness MarketSize and Trends

Global automotive wiring harness market was valued for US$ 53.58 Mn in 2022 and is expected to exhibit a CAGR of 7.7% during the forecast period. Automotive wiring harness is an organized set of component that includes connectors, wires, and terminals that run throughout the vehicle, which transmit signals with regards to speed, internal temperature, and power to the respective automotive component and electric power to the automotive component. This automotive harness combines many electronic and electrical devices into a single system.

Global automotive wiring harness market was valued at US$ 53.6 Mn in 2022, and is expected to reach US$ 96.1 Mn by 2030, exhibiting a CAGR of 7.7% between 2023 and 2030.