© 2017 Global Market Insights, Inc. USA. All Rights Reserved Automotive Wiring Harness –Overview and Product Scope over
Asia Pacific region automotive wiring harness market will observe steady demand rise as automotive production is increasing in the major countries in the region. Increasing awareness of ADAS will accelerate the demand in the Asia Pacific. The major contributing countries in Asia Pacific such as India, China, South Korea and Brazil are experiencing shift in consumer preference for safety and high end electronics in vehicles thus creating opportunities for the OEMs in this region. Increasing demand for advanced driver assistance systems (ADAS) installations in vehicles and consumer preference for automotive electricals are further fueling the industry demand. Installing connectivity systems in cars for simplified and easy connection of electrical components will further support the industry growth. Complex wiring integration, raw material prices and lack of automation in wiring harness manufacturing process are restraining the industry growth. The failure of the system in terms of overheating or short circuit in extreme weather conditions such as snow & rain acts as a technical challenge for the manufacturers. System failure needs replacement of entire system which is the high cost affair thus restricting the adoption of automotive wiring harness. © 2017 Global Market Insights, Inc. USA. All Rights Reserved Automotive Wiring Harness Scenario:
On the basis of vehicle type, the automotive wiring harness market is divided in to light weight vehicles and heavy vehicles. The high volume of production in light weight vehicles will support the adoption of wiring harness equipment in the light vehicles. Based on components used, the industry is divided in to copper, aluminum and other materials. Aluminum segment is expected to dominate the market as use of aluminum results in weight reduction of the harness system. The manufacturers are using aluminum to develop light weight wiring harness systems which reduces the overall vehicle weight and decrease in carbon dioxide emission. Continue :- © 2017 Global Market Insights, Inc. USA. All Rights Reserved Request for table of content of this
© 2017 Global Market Insights, Inc. USA. All Rights Reserved Make An Inquiry To Purchase This Competitive Analysis: The major companies in the automotive wiring harness market are Delphi Automotive, Leoni AG, Sumitomo Electric Industries, Yazaki Corporation, Lear Corporation, Furukawa Electric Company Ltd., THB Group, Samvardhana Motherson Group, Spark Minda, Nexans Autoelectric, Yura Corporation, Fujikura Ltd., PKC Group, Quingdao Sanyuan Group, Kyungship Corporation, and Kromberg & Schubert. Regional Analysis: Asia Pacific region automotive wiring harness market will observe steady demand rise as automotive production is increasing in the major countries in the region. Increasing awareness of ADAS will accelerate the demand in the Asia Pacific. The major contributing countries in Asia Pacific such as India, China, South Korea and Brazil are experiencing shift in consumer preference for safety and high end electronics in vehicles thus creating opportunities for the OEMs in this region.
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