Global Automotive Engine Wiring Harness Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Application;

Body, Chassis, Engine, HVAC and Sensors.

By Component;

Electric Wires, Connectors, Terminals and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn845701677 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Automotive Engine Wiring Harness Market (USD Million), 2020 - 2030

In the year 2023, the Global Automotive Engine Wiring Harness Market was valued at USD 6,801.37 million. The size of this market is expected to increase to USD 9,311.66 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 4.6%.

The introduction of electric and hybrid vehicles, as well as the integration of advanced driver assistance systems (ADAS) and infotainment systems, has significantly increased the complexity of engine wiring harnesses. These systems require a robust and reliable electrical infrastructure to support their functionalities, including high-speed data transmission, power distribution, and sensor integration. Consequently, automotive manufacturers are seeking innovative wiring harness solutions that can accommodate higher voltages, currents, and data rates while minimizing weight, space, and manufacturing costs.

The proliferation of electric vehicles (EVs) and hybrid electric vehicles (HEVs) has led to a shift towards high-voltage wiring harnesses capable of handling the power demands of electric propulsion systems and energy storage components such as batteries and inverters. This trend has spurred investments in advanced materials, insulation technologies, and manufacturing processes to ensure the safety, reliability, and performance of high-voltage wiring harnesses in electric vehicles.

The automotive industry's emphasis on vehicle electrification, connectivity, and autonomous driving is driving demand for intelligent wiring harness solutions equipped with embedded sensors, diagnostic capabilities, and data communication interfaces. These smart wiring harnesses enable real-time monitoring, diagnostics, and predictive maintenance, enhancing vehicle performance, efficiency, and safety.

Stringent regulatory standards and environmental mandates aimed at reducing emissions and improving fuel efficiency are prompting automotive manufacturers to prioritize lightweight materials and eco-friendly manufacturing processes in engine wiring harness production. Sustainable materials such as bio-based polymers, recycled plastics, and halogen-free cables are gaining traction as alternatives to traditional materials, aligning with the industry's sustainability objectives and enhancing market competitiveness.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Application
    2. Market Snapshot, By Component
    3. Market Snapshot, By Region
  4. Global Automotive Engine Wiring Harness Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Vehicle Electrification

        2. Rising Complexity of Vehicle Electronics

        3. Stringent Emission Regulation

      2. Restraints
        1. Cost Constraints

        2. Complexity of Integration

        3. Environmental Concerns

      3. Opportunities
        1. Vehicle Connectivity and Autonomous Driving

        2. Aftermarket Demand

        3. Focus on Lightweighting and Efficiency

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Automotive Engine Wiring Harness Market, By Application, 2020 - 2030 (USD Million)
      1. Body

      2. Chassis

      3. Engine

      4. HVAC

      5. Sensors

    2. Global Automotive Engine Wiring Harness Market, By Component, 2020 - 2030 (USD Million)
      1. Electric Wires

      2. Connectors

      3. Terminals

      4. Others

    3. Global Automotive Engine Wiring Harness Market, By Geography, 2020 - 2030 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Delphi Technologies PLC (Aptiv PLC)
      2. Furukawa Electric Co., Ltd.
      3. Kromberg & Schubert GmbH Cable & Wire
      4. LEONI AG
      5. Lear Corporation
      6. PKC Group
      7. Sumitomo Electric Industries, Ltd.
      8. Spark Minda, Ashok Minda Group
      9. China Auto Electronics Group Limited (THB Group)
      10. Yazaki Corporation
  7. Analyst Views
  8. Future Outlook of the Market

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