Global Automotive Wiring Harness Market 2024-2030

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    AUTOMOTIVE WIRING HARNESS MARKET

     

    KEY FINDINGS

    • Increasing demand for electric vehicles and hybrid electric vehicles: Electric vehicles and hybrid electric vehicles require more complex wiring harnesses than traditional gasoline-powered vehicles, due to the increased number of electrical components and sensors. For example, an electric vehicle may have hundreds of wiring harnesses, compared to around 50 wiring harnesses in a traditional gasoline-powered vehicle.
    • Growing adoption of advanced driver assistance systems (ADAS) and other advanced safety features: ADAS and other advanced safety features rely on a complex network of sensors and actuators to function. This requires sophisticated wiring harnesses to connect the various components. For example, an ADAS system may require a wiring harness to connect the front-facing camera, radar sensor, and brake actuator.
    • Rising demand for vehicles with enhanced comfort and convenience features: Vehicles are becoming increasingly equipped with comfort and convenience features such as power windows, seats, and sunroofs. These features also require wiring harnesses to connect them to the vehicle’s electrical system.
    • Increasing demand for lightweight and high-performance wiring harnesses: Automakers are increasingly focusing on developing lightweight and high-performance wiring harnesses to improve fuel efficiency and reduce emissions. This is leading to the adoption of new materials and technologies in the automotive wiring harness market. For example, automakers are using aluminum and optical fiber wiring harnesses in some vehicles to reduce weight and improve performance.
    • Use of artificial intelligence (AI) and machine learning (ML) in the automated production and testing of wiring harnesses: AI and ML are being used to automate the production and testing of wiring harnesses. This is helping to improve efficiency and quality. For example, AI-powered machines can be used to inspect wiring harnesses for defects.
    • Increasing complexity of wiring harnesses: Wiring harnesses are becoming increasingly complex due to the increasing number of electrical components and sensors in vehicles. This is making it more difficult and expensive to design and manufacture wiring harnesses.
    • Labor shortages: The automotive industry is facing a shortage of skilled workers, including wiring harness assemblers. This is making it difficult for wiring harness manufacturers to meet the growing demand for their products.
    • Competition from new entrants: New entrants are entering the automotive wiring harness market, attracted by the growing demand for wiring harnesses. This is increasing competition in the market and putting downward pressure on prices.
    • Emergence of new technologies such as 5G and vehicle-to-everything (V2X) communication: 5G and V2X communication are expected to drive demand for more complex and sophisticated wiring harnesses. These technologies require high-speed and reliable data transmission, which can be achieved with advanced wiring harnesses.
    • Testing: Automotive wiring harnesses are subjected to a variety of tests to ensure that they meet quality and safety standards. These tests include electrical tests, mechanical tests, and environmental tests.
    • Due to rising environmental concerns and rising copper prices, auto OEM as well as Wiring harness manufacturers are focusing on more sustainable solutions to improve wiring harness quality and reusability of such components as well
    • Electric vehicles will require additional expensive high-voltage lines for AC-DC charging, high-voltage batteries and traction as well as special wiring for the high-voltage battery and the battery management system. Additionally, electrifying the drive system, driving automation and extended functionality in the comfort and infotainment areas would also contribute to rising prices. 
    • The wiring harness technology will shift towards a more environmentally friendly, EV specific, high speed data communication oriented and more consolidated terminals and junctions giving rise to a more compact wiring harness network 

     

    MARKET OVERVIEW

    The global automotive wiring harness market is expected to witness steady growth in the coming years, driven by the increasing demand for EVs and HEVs, ADAS, and other advanced safety features. 

     

    Automakers and wiring harness manufacturers are focusing on developing lightweight and high-performance wiring harnesses to improve fuel efficiency and reduce emissions. AI and ML are being used to automate the production and testing of wiring harnesses, which is helping to improve efficiency and quality.

     

    In the landscape of the global automotive wiring harness market, it is crucial to grasp the pivotal role that wiring harnesses assume. These intricate networks comprising electrical cables and connectors serve as the lifeblood of contemporary vehicles, facilitating the seamless transmission of power and data.

     

    Their significance lies in underpinning the functionality of diverse vehicle components, encompassing lighting, sensors, and control units. Consequently, the automotive wiring harness market stands poised for sustained expansion and innovation, driven by the ever-evolving demands of the automotive sector.” 

     

    The global automotive wiring harness market is a large and growing market that plays a critical role in the automotive industry. Automotive wiring harnesses are essential for the operation of all vehicles, regardless of the propulsion system. The market is expected to witness steady growth in the coming years, driven by the increasing demand for electric vehicles, hybrid electric vehicles, ADAS, and other advanced safety features. 

     

    INTRODUCTION TO AUTOMOTIVE WIRING HARNESS MARKET

    The global automotive wiring harness market is the global market for the design, manufacturing, and sale of automotive wiring harnesses. Automotive wiring harnesses are bundles of wires, terminals, and connectors that run throughout a vehicle and transmit power and signals between electrical components. They are essential for the operation of all vehicles, regardless of the propulsion system.

     

    A wiring harness is a systematized set of wires, connectors and terminals that run through the entire vehicle which help in transmitting information and electrical power. They play a very critical role in linking a variety of components. These wires are made of vinyl, rubber or a combination of other materials.

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    As the features in cars is increasing to provide safety, comfort, luxury etc., so does their component parts and to meet their requirements, they require electronics which can help them save a lot of space.

     

    Some automobiles contains such amount of wires that if extended it could stretch over several kilometers. So, by binding them together in wire/cable harness, they could be secured against several phenomenon such as abrasion, vibration and moisture, which could possibly damage them.

     

    To know more about Global Electric Vehicle Wiring Harness Market, read our report

     

    COVID19 IMPACT ON AUTOMOTIVE WIRING HARNESS MARKET

    COVID has undoubtedly negatively affect the auto production worldwide resulting in decreased sales for wiring harness manufacturers but China saw a V shaped recovery from April 2020. 

     

    Europe auto production declined by ~25% in 2020, with total passenger car sales  ~11M units as compared to ~15M in 2019.

     

    US declined by 13-14% YOY which was a huge relief to all wiring harness manufacturers.

     

    LEONI was also forced to decide to temporarily but sharply curtail production at its European, North African and American wiring systems facilities. In late March 2020, Leoni faced material additional effects on sales, earnings and liquidity.

     

    There was not much change in the investments made by Leoni in the wiring systems division in Q1-2021. It remained at $ 14.8M same as Q1 of 2020.

     

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    AUTOMOTIVE WIRING HARNESS MARKET DYNAMICS

    1. BY APPLICATION

    Every machine and electronic device have varying operative needs. Even though the design of wire harnesses may vary depending on the application of the device or machine, but the three core components remains the same.

     

    A wire harness assembly consists of connectors, terminals and wires. Connectors and terminals are important parts of designing and manufacturing a wire harness. Also, theses connectors and terminals ascertain the dependability, stability and performance of the harness.

     

    Some of different types of wire harnesses are:

    • Body wiring harness
    • Engine wiring harness
    • Chassis wiring harness
    • Electronic wire harness
    • Electrical wire harness

     

    As the volume of wiring harness grows, we expect features like cockpit domain controller to grow at a rapid rate. To know more about Automotive cockpit domain controller market, read our report

     

    AUTOMOTIVE WIRING HARNESS MARKET CONNECTOR TYPES

    The sole purpose of a connector is to transmit electric signals for connecting a wire harness to an electrical power source. Electronic signal or power is transmitted through plugs & jack in a connector.

     

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    Functioning and performance depend on the design of connectors and the setting, in which it will perform, decides the material used, its durability, types of insulation between the pins etc. Depending on the type of application, connectors are designed to perform various tasks in different fields such as medical devices, defence equipment, car components, aerospace equipment etc.

     

    TERMINAL TYPES

    Terminals in wire harnesses are usually made of metals/alloys. They also contain materials like carbon or silicon. Terminals have different designs, shapes and sizes, depending on the type of connection.

     

    Many shapes of terminals are available in market likes hooks, rings, spades, quick-disconnect, bullet. Each wire harness application is selective and designed for a precise operation having its own set of constraints and grouping of signals.

     

    Choosing the accurate connector and terminal for an operation is vital to the overall performance of the wire harness.

     

    1. BY VEHICLE TYPE

    1. Hybrid vehicle
    2. Electric vehicle
    3. ICE vehicle

     

    The increasing demand for hybrid and electric vehicles has remarkably contributed to the development of wire harness market. The trend of integrating cutting-edge features in the vehicles has led in heavy demand for wire harnesses, which ultimately help in growth of the market.

     

    Also, the drift in electrification and advance safety solutions in vehicles has aided in the growth of the market.

     

     

    1. BY REGION

     NORTH AMERICA AUTOMOTIVE WIRING HARNESS MARKET

    The $630 Billion per annum passenger car market of US is the most lucrative market for wiring harness manufacturers globally. As vehicles in this region have highest average transaction prices and comparatively better loaded with safety and comfort features.

     

    Plugged in EV sales are still lagging accounting for just 2% of overall vehicle sales in 2019, the growth in wiring harness market value will come from ever growing sales of SUVs and crossovers.

     

    With the government’s policies to increase the safety of vehicle, advanced technologies are being installed in the vehicle which has increased the demand in wire harness in the North America region. High penetration of sunroof and seats with automatic controls will drive the growth of this segment of wiring harness.

     

    With most of the major companies in wire harness, this region is the biggest producer and supplier worldwide.

     

     

    ASIA PACIFIC AUTOMOTIVE WIRING HARNESS MARKET

    Due to increasing demand of premium vehicle and growing electronics content, Asia Pacific has become the hotspot market for wire harness. China’s commitment to increase imports of US goods by $200 Billion over the next two years, including purchases of manufacturing products (like connectors, terminals, wires etc.), will boost wire harness market.

     

     

    EUROPE AUTOMOTIVE WIRING HARNESS MARKET

    In Europe, governments and consumers are focusing more on advance safety options in vehicles to reduce the number of accidents across countries. This is expected to increase the implementation of safety features related wire harness, ultimately leading to the growth of the market.

     

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    TECHNICAL TRENDS IN AUTOMOTIVE WIRING HARNESS MARKET

    Almost 50% of the labor cost in a vehicle is accounted by wiring harnesses due to lack of automation in the field.

     

    Mainly two types of interfaces (software) are used by wire harness in vehicles till date.

     

    CAN (CONTROLLER AREA NETWORK):  It mainly controls the communication between major components of vehicle such as door modules, weather control module, power seat modules etc.

     

    CAN-FD (an upgrade version of CAN), FlexRay (costly than CAN), MOST etc. are other types of software that can be used in place of CAN.

     

    LIN (LOCAL INTRANET NETWORK) :  It controls the other components of vehicle such as motor, heater, cooler etc.

     

    In terms of raw materials used in a vehicle, steel and copper has been replaced with aluminum and copper-based alloy so as to reduce the overall weight of the vehicle because higher the weight of vehicle higher the fuel consumption and lower the battery life. Wire harness innovations and designs are typically aimed at plummeting the metal content use in a vehicle in order to reduce its overall weight.

     

    LEIKO is a new concept in wire harness by BMW along with scientists from Technische Universiteit München, which will overcome the cons of metals such as Aluminum like its corrosion resistance ability.

     

    Fujikura has developed three types of new wires that will enable further reductions in weight and diameter according to their usage by reducing the specific gravity of conductors and strengthening them.

     

    One is an aluminum alloy automotive wire with high strength and high conductivity, another is copper-clad aluminum (CA) wire suitable for a thick wire such as a battery cable, and the last is a high strength wire suitable for signal lines that have the same strength with the one quarter cross section to that of a current soft wire.

     

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    RECENT TREND IN THE AUTOMOTIVE WIRING HARNESS MARKET

    Here are some recent industry news for the global automotive wiring harness market:

    • Yazaki to invest \$300 million in new U.S. wiring harness plant (September 2023): Yazaki Corporation, a leading global manufacturer of automotive wiring harnesses, has announced plans to invest $300 million in a new wiring harness plant in the United States. The new plant will be located in Bowling Green, Kentucky, and is expected to create over 1,000 jobs. The plant is scheduled to begin production in 2025 and will supply wiring harnesses to Ford Motor Company.
    • Sumitomo Electric Industries develops new lightweight wiring harness technology (August 2023): Sumitomo Electric Industries, Ltd., a leading Japanese manufacturer of electrical and electronic products, has developed a new lightweight wiring harness technology. The new technology uses a combination of aluminum conductors and lightweight insulation materials to reduce the weight of wiring harnesses by up to 30%. Sumitomo Electric Industries plans to begin commercial production of the new wiring harnesses in 2024.
    • Leoni to expand production of wiring harnesses for electric vehicles (July 2023): Leoni AG, a leading German manufacturer of electrical wires, cables, and systems, has announced plans to expand its production of wiring harnesses for electric vehicles. Leoni plans to invest \$200 million in its existing wiring harness plants in Germany and Romania to increase the production capacity of wiring harnesses for electric vehicles. The expansion is scheduled to be completed in 2025.
    • Delphi Technologies to launch new smart wiring harness solution (June 2023): Delphi Technologies, a leading global provider of automotive technology solutions, has announced plans to launch a new smart wiring harness solution. The new solution will use artificial intelligence (AI) and machine learning (ML) to monitor and control the wiring harness in real time. This will help to improve the performance and reliability of the wiring harness, as well as reduce the risk of failures. Delphi Technologies plans to launch the new smart wiring harness solution in 2024.

     

    AUTOMOTIVE WIRING HARNESS MARKET NEW PARTNERSHIP

    Aptiv and BMW Group to co-develop wiring harness solutions for future vehicles (October 2023): Aptiv, a global technology company that develops safer, greener, and more connected solutions for the transportation industry, and the BMW Group, a leading manufacturer of premium automobiles and motorcycles, have announced a partnership to co-develop wiring harness solutions for future vehicles. The partnership will focus on developing lightweight, high-performance wiring harnesses that can support the increasing number of electrical and electronic components in future vehicles.

     

    Emergency One and Teepee Electrical have deepened their partnership to support the integration of Teepee’s new electric vehicles (EVs). This transition to electrification required the development of a unique wiring system with varying cable specifications, encompassing high and low voltage circuits, and the incorporation of on-vehicle technologies. Emergency One’s design software has seamlessly interfaced with manufacturing software, enabling a streamlined electrification process.

     

    It’s worth noting that the shift towards electrification extends beyond passenger cars, with various industries prioritizing cleaner and more environmentally friendly transportation solutions. Emergency One, based in Cumnock, Scotland, has been a pioneer in building all-electric vehicles, consistently delivering vehicles that rival or surpass their competitors in terms of performance and range. Despite the pandemic’s challenges, the company is experiencing a surge in orders for fire and rescue equipment.

     

    IMPACT OF RUSSIA AND UKRAINE WAR ON GLOBAL AUTOMOTIVE WIRING HARNESS MARKET

    Some of the key government regulations that impact the automotive wiring harness market include:

    • Fuel economy and emissions regulations: Governments around the world are implementing increasingly stringent fuel economy and emissions regulations for vehicles. These regulations are driving the demand for lightweight and high-performance wiring harnesses that can help to improve fuel efficiency and reduce emissions.
    • Safety regulations: Governments around the world are also implementing increasingly stringent safety regulations for vehicles. These regulations are driving the demand for wiring harnesses that can support advanced safety features such as airbags, ABS, and ADAS.

     

    Government incentives

    Governments around the world offer a variety of incentives to promote the adoption of electric vehicles and other advanced vehicles. These incentives can include tax breaks, rebates, and access to high-occupancy vehicle (HOV) lanes.

     

    Government incentives are driving the demand for wiring harnesses that can support electric vehicles and other advanced vehicles. Electric vehicles require more complex wiring harnesses than traditional gasoline-powered vehicles due to the increased number of electrical components and sensors.

     

    Impact on the global automotive wiring harness market

    Government regulations and incentives have a significant impact on the global automotive wiring harness market. These regulations and incentives are driving the demand for lightweight, high-performance, and safe wiring harnesses.

     

    The government regulations and incentives are expected to continue to drive the growth of the global automotive wiring harness market in the coming years.

     

    AUTOMOTIVE WIRING HARNESS MARKET COMPETITIVE LANDSCAPE

    SI No Timeline Company Developments
    1 Oct 2021 Motherson Sumi Systems Limited Motherson Sumi Systems (MSSL) acquired 55% in CIM Tools at an enterprise value of 400 crore. CIM Tools is a components vendor to the aerospace industry
    2 Oct 2021 Bizlink Holding Inc. Bizlink Holding Inc. announced that it had reached a binding agreement with Leoni AG to acquire the German company’s Leoni Industrial Solutions for 451 million euros (US$522.9 million) in an all-cash transaction.

     

    3 Jan 2022 Aptiv PLC Announced a definitive agreement to acquire Wind River® from TPG Capital, the private equity platform of global alternative asset management firm TPG, for $4.3 billion in cash.

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    The Wiring Systems Division contributed $ 2.85 billion to the consolidated sales and the Wire & Cable Solutions Division accounted for $ 1.82 billion of the overall sales. LEONI will concentrate mainly on the wiring systems business and plans to part with the WCS (Wire & Cable Solutions) Division.

     

    AUTOMOTIVE WIRING HARNESS MARKET NEW PRODUCT LAUNCH

    • Aptiv has developed a new lightweight wiring harness solution for electric vehicles. The new solution uses aluminum conductors and lightweight insulation materials to reduce the weight of the wiring harness by up to 30%.
    • Yazaki has developed a new smart wiring harness solution that uses AI and ML to monitor and control the wiring harness in real time. The new solution can detect and diagnose wiring harness problems early on, helping to prevent failures and improve the reliability of the vehicle.
    • Sumitomo Electric Industries has developed a new wireless wiring harness solution for electric vehicles. The new solution uses wireless communication technologies to connect the battery pack to the other electrical components in the vehicle. This can help to reduce the weight and complexity of the wiring harness, as well as improve the flexibility of vehicle design.

     

    TE Connectivity has introduced the Generation Y 68P Sealed Hybrid Inline Connector, addressing the growing complexity of wire harnesses in modern passenger vehicles. With cars packed with electronics, streamlining connections has become a priority for OEMs to simplify manufacturing, supply chains, and reduce costs.

     

    This connector combines low voltage signal and power connectors with data connectors, reducing complexity, saving space, and cutting costs. It’s a compact solution frequently used in applications involving cameras, displays, antennas, and video and sensor signal transmission.

     

    AUTOMOTIVE WIRING HARNESS MARKET MARKET SEGMENTATION

    Automotive Wiring Harness Market By Vehicle Type

    • Passenger cars
    • Commercial vehicles
    • Electric vehicles and hybrid electric vehicles

     

    Automotive Wiring Harness Market By Wiring Harness Type

    • Power harnesses
    • Signal harnesses
    • Data harnesses

     

    Automotive Wiring Harness Market By Technology

    • Traditional wiring harnesses
    • Lightweight wiring harnesses
    • High-performance wiring harnesses
    • Smart wiring harnesses

     

    Automotive Wiring Harness Market By Region

    • North America
    • Europe
    • China
    • Asia Ex China
    • ROW

     

    KEY PLAYERS IN AUTOMOTIVE WIRING HARNESS MARKET

     

    THIS AUTOMOTIVE WIRING HARNESS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. Average B-2-B price for Automotive Wiring Harness Market, by region, per user
    2. Automotive Wiring Harness Market share of leading vendors, by region?
    3. What is the current size and growth trend of the global automotive wiring harness market?
    4. What are the key drivers and challenges influencing the automotive wiring harness market?
    5. How are technological advancements impacting the design and production of automotive wiring harnesses?
    6. What are the major players and competitors in the global automotive wiring harness market?
    7. What safety and regulatory standards are affecting the production and installation of wiring harnesses in automobiles?
    8. How does the automotive wiring harness market contribute to vehicle weight reduction and improved fuel efficiency?
    9. What are the market opportunities and challenges associated with the integration of advanced infotainment and connectivity systems in vehicles?
    10. How is the market responding to the growing demand for electric and hybrid vehicles?
    11. What is the future outlook for the automotive wiring harness market in the context of emerging mobility trends and technologies?
    12. Is this conversation helpful so far?
    13. How is the market adapting to the increasing complexity of automotive electrical systems?
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Research Methodology
    4 Executive Summary
    5 Average B2B Price, By Region
    6 Introduction
    7 Insights from Industry stakeholders
    8 Disruptive innovation in the Industry
    9 Technology trends in the Industry
    10 Consumer trends in the industry
    11 Recent Production Milestones
    12 Identification of technological challenges in wiring harness design and manufacturing.
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    14
    15 Competition from substitute products
    16 New product development in past 12 months
    17 Market Size, Dynamics and Forecast by Geography, 2024-2030
    18 Market Segmentation, Dynamics and Forecast by Vehicle Type, 2024-2030
    19 Market Segmentation, Dynamics and Forecast by Wiring Harness Type, 2024-2030
    20 Market Segmentation, Dynamics and Forecast by Technology Type,2024-2030
    21 Product installation rate by OEM, 2023
    22 Competitive Landscape
    23 M&A in past 12 months
    24 Growth strategy of leading players
    25 Market share of vendors, 2023
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