North America Automotive Wiring Harness Market Size was valued nearly USD 30 billion by 2017 and is estimated to reach up to USD xx.xx billion by 2025. According to latest study conducted by our analysts and industry experts, the market is expected to grow at a CAGR of 6.07% during the forecast period that is 2017-2025. The North America automotive wiring harness industry is majorly driven by the factors such as rising trend of integrating advanced features in vehicles, growing demand for electric vehicles, increase in regional vehicle sales and provide enhanced safety features has positively influenced market growth. The components that are assembled include speed sensors, heating, ventilation and air conditioning systems, electrical devices, and other electronic components.

North America Market Growth Opportunities (Revenue, Growth) By 2017-2025

This regional North America automotive wiring harness market study report analysis offers in-depth insights, revenue details, and other vital information regarding the North America automotive wiring harness market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2025. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The North America automotive wiring harness market report has been segmented on the basis of type, application, and region. It includes the estimation of the market size, in terms of value, with respect to 4 main geographies, namely, North America, Europe, APAC, and RoW.   

Segment Analysis

Vehicle Insights: Based on vehicle type, the automotive wiring harness market has been segmented into two wheelers, passenger cars, buses and commercial vehicles. The passenger cars and commercial vehicles segments are projected to hold the largest market share during the forecast period in terms of revenue due to high demand generating from passenger and commercial vehicles segments, especially from emerging economies such as China and India.      

Application Analysis: basis on the application analysis, the North America automotive wiring harness market is classified into body wiring harness, engine wiring harness, chassis wiring harness, HVAC wiring harness, and sensors wiring harness. In 2017, chassis segment was the largest shareholder and is projected to show continue its dominance in terms of revenue and demand during the forecast period. The second largest segment is sensors wiring harness due to rapid development in activities technological advancement.     

Component Insights: Based on the component, the North America automotive wiring harness market has been segmented into connectors, wires, and terminals. The terminal segment held the largest market share in 2017 and is estimated to grow at the highest rate over the forecast period. Proliferating adoption of advanced vehicle technologies such as self-driving vehicles and connected vehicles is a key factor impelling sales of automotive terminals over the forecast period.    

Regional Analysis

The regional market is analysis basis on regional demand, growth and countries opportunities scope, the North America - U.S, Canada, Other. Every region analysis details in sense of growth, revenue, volume, challenges, and opportunities with the regional and global key players. North America held the largest share of the global market in 2018 and will expand at the highest CAGR during the forecast years because of increasing road infrastructure, growing automotive manufacturing, increasing high demand and production, presence of key manufacturers, growing consumer spending capacity and developed economies such as U.S and Canada. In additional, increasing demand for enhanced safety and convenience features in mid-segment vehicles and low labor cost are responsible for increasing sales.

North America Automotive Wiring Harness Market Size, Share Analysis By Region 2017

The North America market is estimated to exhibit significant CAGR growth rate during the forecast timespan owing to increasing automobile production, innovation in terms of drive technologies, and proliferating adoption of electric vehicles are projected to boost demand in regional market. The U.S will be play significant role in terms of revenue and growth in the global market.

North America Automotive Wiring Harness Market Study Objective

1. To forecast the market size of North America automotive wiring harness market, along with describing and defining the market, in terms of volume and revenue.

2. Market analysis and forecast of North America automotive wiring harness market on the basis of region, substrate and application or end-use industry.

3. To analyze and elaborate significant factors that will have major impact on the growth of North America automotive wiring harness market, such as drivers, restraints, challenges and opportunities.

4. Strategic analysis of micromarkets, in terms of individual prospects, opportunities, growth trends and their involvement in overall market.

5. To provide detailed analysis of competitive and strategic developments in the North America automotive wiring harness market like new product launch, partnership & agreement, investment & expansion, and company merger & acquisitions.

6. Analysis of market opportunities for stakeholders, in order to provide a competitive landscape for North America automotive wiring harness market players.

7. To profile major market players, and to analyze their market shares and essential competencies comprehensively.

Key Players

The automotive wiring harness market is dominated by a few global players and comprises several regional players. Some of the key manufacturers operating in the market are Aptiv PLC, Sumitomo Electric Industries, Ltd., Yazaki Corporation, Leoni AG, Lear Corporation, and Furukawa Electric Co., Ltd.

North America Automotive Wiring Harness Market Study Report Offer You!

The regional market study report gives an idea about market size, share, stock, equity, investment and total price analysis. Also, the report provides comprehensively industry insights with all major factors such as market credit, allocation, demand, distribution, market scope, key players, end user & applications, provisions, livestock, commodities and industry economics analysis, future growth & forecast. The regional market report includes all depth data like pre-market emphasis, market survey, market investment, industry advice, portfolio, finance, access, trade, market exploration, industry review and market predication & projection to develop effective strategies for optimizing their market position.