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

By Component;

Electric Wires, Connectors, Terminals, and Others.

By Application;

Body, Chassis, Engine, HVAC, and Sensors.

By Electric Vehicle;

Battery Electric Vehicles (BEV), and Plug-in Hybrid Electric Vehicles (PHEV).

By Vehicle;

Light Vehicles, and Heavy Vehicles.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn269263251 Published Date: May, 2024 Updated Date: June, 2024

Introduction

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

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

The automotive industry is witnessing a significant shift towards prioritizing passenger safety, alongside the growing adoption of electric vehicles globally, among other factors, which is anticipated to drive the demand for automotive wiring harnesses. These harnesses play a crucial role in ensuring the efficient and safe transmission of electrical signals within vehicles. With the increasing focus on passenger safety, automakers are seeking reliable and high-quality wiring harnesses to integrate advanced safety features and electronic systems into their vehicles. This rising demand is further propelled by the surge in automotive exploration activities worldwide, supported by substantial investments in this sector. The flexible wires used in automotive wiring harnesses contribute to enhancing power delivery, which is vital for the efficient functioning of various vehicle components, thereby fueling the demand for these harnesses in the market.

The consolidation of different electrical and electronic systems into a single wiring harness system facilitates signal transmission and drives various electrical appliances within vehicles. This consolidation not only streamlines the vehicle's electrical architecture but also enables cost savings for manufacturers. The cost-cutting potential of automotive wiring harnesses has attracted attention from manufacturers across diverse sectors, potentially bolstering the market outlook for these harnesses in the future. The rise in the usage of autonomous vehicles, aimed at reducing accidents and enhancing road safety, presents another significant growth opportunity for the automotive wiring harness market. Governments worldwide are making substantial investments in autonomous vehicle technology, recognizing the crucial role of automotive harnesses in supporting the functionality of these vehicles. As autonomous vehicles become more prevalent, the demand for automotive wiring harnesses is expected to witness a substantial increase, further driving market growth in the foreseeable future.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Component
    2. Market Snapshot, By Application
    3. Market Snapshot, By Electric Vehicle
    4. Market Snapshot, By Vehicle
    5. Market Snapshot, By Region
  4. Global Automotive Wiring Harness Testing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological advancements in testing equipment
        2. Rising consumer demand for advanced vehicle features
        3. Emphasis on vehicle reliability and durability
        4. Adoption of automation in testing processes
      2. Restraints
        1. Lengthy testing procedures causing delays
        2. Difficulty replicating real-world conditions
        3. Equipment failure risks during testing
      3. Opportunities
        1. Testing aftermarket automotive products
        2. Cloud-based testing platforms
        3. Focus on eco-friendly testing practices
        4. Testing for connected vehicle technologies
    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 Wiring Harness Testing Market, By Component, 2020 - 2030 (USD Million)
      1. Electric Wires
      2. Connectors
      3. Terminals
      4. Others
    2. Global Automotive Wiring Harness Testing Market, By Application, 2020 - 2030 (USD Million)
      1. Body
      2. Chassis
      3. Engine
      4. HVAC
      5. Sensors
    3. Global Automotive Wiring Harness Testing Market, By Electric Vehicle, 2020 - 2030 (USD Million)
      1. Battery Electric Vehicles (BEV)
      2. Plug-in Hybrid Electric Vehicles (PHEV)
    4. Global Automotive Wiring Harness Testing Market, By Vehicle, 2020 - 2030 (USD Million)
      1. Light Vehicles
      2. Heavy Vehicles
    5. Global Automotive Wiring Harness Testing 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 Analysis
    1. Company Profiles
      1. Sumitomo Electric Industries (Osaka, Japan)
      2. PKC Group Ltd. (Helsinki, Finland)
      3. Yazaki Corporation (Tokyo, Japan)
      4. THB Group (London, U.K.)
      5. Lear Corporation (Michigan, U.S.)
      6. FURUKAWA ELECTRIC CO., LTD. (Tokyo, Japan)
      7. Nexans autoelectric GmbH (Germany)
      8. Leoni AG (Nuremberg, Germany)
      9. Motherson (Noida, India)
      10. Spark Minda (New Delhi, India)
  7. Analyst Views
  8. Future Outlook of the Market