Enjoy complimentary customisation on priority with our Enterprise License!
The automotive secondary wiring harness market size is forecast to increase by USD 12.64 billion at a CAGR of 18.6% between 2023 and 2028. The market is experiencing significant growth due to several key factors. Mechanical and electrical design advancements are driving the demand for more complex electrical systems in vehicles. Environmental conditions, such as temperature, humidity, sunlight, and dirt, necessitate the use of strong wiring harnesses that can withstand these conditions. Moreover, the increasing popularity of electric vehicles (EVs) and advances in autonomous driving technology are creating new opportunities for market growth. Strict regulatory norms and standards for automotive wiring are also pushing manufacturers to invest in advanced wiring harnesses to ensure safety and reliability. In terms of trends, the market is witnessing a shift towards lightweight and flexible wiring harnesses that can reduce vehicle weight and improve fuel efficiency. Additionally, the integration of advanced sensors and connectivity technologies is enabling the development of smart wiring harnesses that can monitor and diagnose electrical system issues in real time. The market is poised for growth due to the increasing demand for advanced electrical systems, the rise of EVs and autonomous vehicles, and stringent regulatory norms. Manufacturers are responding by investing in lightweight, flexible, and smart wiring harness solutions to meet these demands.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.