Global Construction Equipment Wiring Harness Market 2021-2026

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    GLOBAL CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET

     

    INTRODUCTION

    A wire harness, also known as a cable harness or wiring assembly, is a grouping of wires, cables, or sub – assemblies used to transmit messages or electrical power.

     

    A basic Wire Harness may have as little as three distinct components, while more typical harnesses comprise many more wires as well as extra passive, and occasionally active, components.

     

    After deciding on a design, the process of developing a wire harness commences with the construction of a schematic, which is then used to create the fabrication paperwork and the harness’s assembly board.

     

    After the wires have been cut to the right length, they are stripped to reveal the un – insulated conductor and then fitted with any necessary terminals or connection housings.

     

    These cables and components are then placed on the pin board and secured with any appropriate straps, cable ties, cable lacing, sleeves, tapes, extrusion string weaves, or any combination of these.

     

    The exterior wrapping that protects an inside conductor or bundle of conductors is referred to as a wire harness.

     

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    In any event, the wire harness provides critical organisation at the heart of a system while being simple, simplistic, and low-cost in design.

     

    An IPC Certified Wire Harness Manufacturer will train staff in compliance with these standards and will implement processes to monitor soldering, stripping, crimping, fastening, and other operations necessary to ensure full compliance.

     

    GLOBAL CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET DEVELOPMENTS AND INNOVATIONS

    S No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1  

    Martin Technologies Unveils Its New “Espdm” Smart Wiring Technology At The Stellantis 2021 Matchmaker Event

    Martin Technologies (MARTIN) has unveiled its New Electronic Smart Power Distribution Module (eSPDM). The patented technology is disruptive and an industry game changer providing a novel efficient approach to both low and high voltage wiring for modern and heavy commercial vehicles. eSPDM benefits include up to a 90% decrease in wiring content, lower harness cost per vehicle, and significant mass reduction allowing for lower greenhouse gas emissions and reduced energy consumption.  Europe This would enhance better Technologies and production

     

    GLOBAL CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET DYNAMICS

     

    SI no Timeline  Company Developments
    1 October 2021 Leoni Leoni AG has signed an agreement with BizLink Holding Inc for the sales of a business group industrial solution belonging to the Wire and Cable Solution(WCS) Division.
    2 September 2021 Lear Lear has signed a joint venture with Hu Lane in order to get Connector products from them.
    3 September 2021 Leoni Lear has celebrated the opening of the fourth plant located in Serbia for providing high-performance supplies.

     

    The increase in worldwide construction activity is a significant development factor for the construction machinery wiring harness market.

     

    Infrastructure development spending is evident in both developed and developing countries. Emerging economies are hastening the development of residential and transportation infrastructure, resulting in increased sales of construction machines.

     

    The desire for cost-effective machinery, along with regulatory requirements for reduced emissions, is pressuring construction-equipment makers to choose electric and hybrid vehicles over traditional hydraulic and mechanical vehicles.

     

    This aspect is propelling the construction machinery wiring market forward. IPC-620 Certification is the industry standard for Wire Harness Manufacturers.

     

    Furthermore, the IPC-620 standard specifies the materials, testing, and visual acceptability standards for manufacturing crimped, mechanically fastened, soldered interconnections, as well as the comprehensive related assembly operations associated with cable and cable harnesses assemblies.

     

    The IPC-620 Standard specifies the best practises and regulations for the fabrication of cable and wire harness assemblies in the industry.

     

    Increasing building activity throughout the world has resulted in increased fuel usage. Although diesel has a higher energy content than gasoline, its burning emits hazardous pollution into the atmosphere.

     

    Governments and pollution control agencies all around the world have created standards and rules that mandate diesel engines to emit very insignificant NOx and SOx emissions.

     

    This has paved the way for OEMs to transition to hybrid and fully electric vehicles in the future. Electric construction equipment is not only zero-emissions, but it also emits extremely little heat, noise, and vibrations.

     

    Construction Equipment Wiring Harness Market, Construction Equipment Wiring Harness Market Size, Construction Equipment Wiring Harness Market Trends,  Construction Equipment Wiring Harness Market Forecast,  Construction Equipment Wiring Harness Market Risks, Construction Equipment Wiring Harness Market Report, Construction Equipment Wiring Harness Market Share

    GLOBAL CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET SEGMENTATION

    The Global Construction Equipment Wiring Harness Market can be segmented into following categories for further analysis.

    Construction Equipment Wiring Harness Market By Wire of Usage Type

    • Copper Wires
    • Aluminium Wires

     

    Construction Equipment Wiring Harness Market By Application

    • Powertrain Components
    • Comfort and Convenience
    • Safety and Security
    • Body Wiring

     

    Construction Equipment Wiring Harness Market By Component of Application

    • Wires
    • Terminals
    • Relays
    • Fuses
    • Connectors

     

    Construction Equipment Wiring Harness Market By Operational Technology Type

    • Earthmoving Equipment
    • Material Handling Equipment
    • Heavy Construction Vehicle
    • Other Equipment

     

    Construction Equipment Wiring Harness Market By Regional Classification

    • Asia Pacific Region – APAC
    • Middle East and Gulf Region
    • Africa Region
    • North America Region
    • Europe Region
    • Latin America and Caribbean Region

     

    RECENT TECHNOLOGICAL TRENDS IN GLOBAL CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET

     

    SI no Timeline  Company Developments
    1 October 2021 Furukawa Electric Aluminium Electric wires have been adopted for the first time in wiring harnesses for Automobile seats.
    2 March 2021 Wise Harness solution  Wise Harness solution has assembled wire harness, battery cables and control panel and they are planning to expand in Empalme, Sonoro and Mexico.
    3 December 2020 Leoni Leoni has introduced the new electronic solutions of intelligent power distributors in the future wiring systems and system solutions.

     

     

    Wire harnesses are groupings of electrical wires that each have their own wrapping but are also connected by an outer covering. Despite small differences, the phrases wire harness and cable harness are sometimes used interchangeably.

     

    Wire harnesses are bundles of processing wires that have been coated with a protective coating to prevent them from excessive wear induced by environmental circumstances and other potentially damaging components.

     

    They may have a protective sheath wrapped around the wires, which is often made of thermoplastic materials or thermoplastic material and protects the individual wires from harm. These harnesses are necessary because they help to organise.

     

    The wire harness is being technologically integrated within the construction equipment such that it links numerous electrical and electronic components for power supply and communications are large and costly.

     

    Control and communication lines are combined in wiring harnesses. Reducing them can help to reduce vehicle weight and, as a result, fuel consumption. One way to decrease wiring harness is to employ Li-Fi technology, which primarily uses LEDs as transmitters.

     

    The developing Li-Fi technology has the potential to provide very fast data rates and ultra-wide bandwidth while introducing no electromagnetic interferences (EMIs).

     

    This combination of characteristics makes it ideal for high-speed communications in electromagnetically sensitive environments. Using Li-Fi technology, this paper provides a wiring harness reduction option for vehicles.

     

    This effort also includes the introduction of a specialized Li-Fi receiver. This receiver is low-cost and tiny in size, making it ideal for replacing the wire harness.

     

    The test findings demonstrate that Li-Fi technology has the potential to be utilized for on-board control and communications, potentially eliminating the requirement of wire harness in many car components.

     

    infographic: Construction Equipment Wiring Harness Market, Construction Equipment Wiring Harness Market Size, Construction Equipment Wiring Harness Market Trends,  Construction Equipment Wiring Harness Market Forecast,  Construction Equipment Wiring Harness Market Risks, Construction Equipment Wiring Harness Market Report, Construction Equipment Wiring Harness Market Share

    CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET COMPETITIVE LANDSCAPE

     

    SI no Timeline  Company Sales
    1 Q3-2021 Leoni AG The sales of Leoni AG at the end of third quarter was €1.16 billion and in 2020 the sales was €1.06 billion.
    2 Q3-2021 Furukawa The net sales ended in March was about ¥811.6 billion and in 2020 the net sales was ¥914.4 billion.
    3 Q2-FY 22 Motherson The Quarterly revenue of Motherson is of Rs 14,881 crores and in 2020-2021 the revenue was Rs 15,557 crores.
    4 Q4-2021 TE Connectivity The fourth quarter net sales of TE Connectivity was $3.8 billion and in 2020 the net sales was $3.2 billion.

     

    Wire harness fabrication can range from simple to quite sophisticated. It begins with the design phase and ensuring that the harness contains any special characteristics required for its intended application.

     

    The wires are stripped and trimmed to the appropriate length, then metal terminals are connected to the wire ends using a specialized equipment called a crimp center.

     

    If necessary, the wires are put into a connector housing, allowing male and female wire bundles to mate. Some wires stay outside of connectors and will be connected to the original equipment on their own.

     

    Furukawa Electric Co Ltd. is involved in the creation of wire harness needs for market construction equipment. It has concentrated on the development of aluminum-based wiring harnesses in construction equipment, where substituting copper wires by aluminium wires may reduce weight by 20-40%.

     

    When utilized in regions where water may be present, the terminals of aluminium wire harnesses must be corrosion-proof.

     

    The “Alpha Terminal” is a novel type of corrosion-proof terminal that does not require separate corrosion-proofing processing. This lowers the cost of manufacturing.

     

    The global market is evolving and our proven ability to develop and supply high quality products of wiring harness. To induce weight savings various alternative conductors and conductor materials are being integrated within the wiring harness system of construction equipment.

     

    These weight savings are attained by using alternative conductor materials such as aluminium, CuAg, CuSn and CuMg, as well as smaller cable size.

     

    It also has been working on providing harness solutions for very harsh environmental conditions e.g. engines, gearboxes, axles with pre-formed wiring.

     

     

    CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET COMPANIES PROFILED

     

    THIS CONSTRUCTION EQUIPMENT WIRING HARNESS MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

    1. Construction Equipment Wiring Harness Market size and Forecast, by region, by application
    2. Average B-2-B price for Construction Equipment Wiring Harness Market, by region, per user
    3. Technology trends and related opportunity for new Construction Equipment Wiring Harness Market tech suppliers
    4. Construction Equipment Wiring Harness Market share of leading vendors, by region,
    5. Coronavirus impact on Construction Equipment Wiring Harness Market earnings
    Sl no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2021-2026
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2021-2026
    19 Market Segmentation, Dynamics and Forecast by Application, 2021-2026
    20 Market Segmentation, Dynamics and Forecast by End use, 2021-2026
    21 Product installation rate by OEM, 2021
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2021
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
     
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