INDONESIA AUTOMOTIVE WIRING HARNESS MARKET

KEY FINDINGS

• In 2023, the Indonesian Automotive Wiring Harness Market, the volume is expected to be XX kilo Tonnes and is estimated to be XX kilo Tonnes in 2030 with a CAGR of 7.68% 
• The rise in prices is associated directly with the rise in copper prices over the years. The copper prices is expected to rise by 60% by the end of forecast period
• Growth of ADAS technology, electrification and infotainment features in a car are the drivers of the wiring harness industry 
• Weight of overall wiring harness in a passenger vehicle in 2022 was estimated to be 20.66 kg and in commercial vehicle it is estimated to be 30.98 kg
• Wiring only weight in these vehicles are expected to be 12.6kg in PV and 20kg in CV

• Overall Average Harness Content per vehicle in terms of USD for Passenger Vehicle was $XX and for Commercial Vehicle it was ~$ XX
• The connectors are used to join the wires together and to connect the wiring harness to other components in the vehicle. There are about XX  connectors in a passenger vehicle
• Currently, ~96% of the low & high voltage wiring harness in automotive market is of copper. 
  • This share although is expected to shrink in the forecast period but will continue to account for at least 90-92% of the overall market share in terms of volume
• Sumitomo Wiring Systems, Furukawa Electric and Yazaki are the leading players in the Indonesia wiring harness market
• The Top three players in the market account for almost XX% and the Top five accounted for XX% of the overall Indonesia Wiring Harness Market.

INTRODUCTION

In order to reduce weight and improve vehicle packaging, there is an increasing demand for lightweight wiring harnesses.

Some automakers are considering aluminum for weight and cost reduction. Aluminum has its own challenges such as corrosion and termination issues. Hence, prominent wiring harness manufacturers use copper because of its high thermal capacity and conductivity.

INDONESIA AUTOMOTIVE WIRING HARNESS MARKET SIZE AND FORECAST

The Indonesia Automotive Wiring Harness Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030

MARKET DYNAMICS

As Increasing adoption of EV’s and HEV’s require high-voltage electrical systems, manufacturers are developing high-voltage wiring harnesses to meet this need. 

These harnesses are designed to handle the high voltage and current demands of EVs, while also providing protection against electrical interference and short circuits.

The automotive harness weight per vehicle is gradually increasing due to additional electronic controls and features

Since most of automatic features in the region is limited to luxury and high end SUVs, there is room for these features to be equipped in the mass segment

With the fitment of these features in mass segment the market volume for wiring harness will propel drastically 

Aluminium wires could potentially reduce the weight by 10-20% if it is replaced for copper. Currently, only ~4% of the overall wiring is of aluminium material.

Pick up truck sales in the country reached its peak in 2022 with the sales of ~149K units. This will propel the volume for wiring harness in the country in commercial vehicle segment

The rise in Nickel prices had affected the availability of terminals, relays and other components

RECENT MERGERS & PARTNERSHIPS IN THE MARKET

Valens Semiconductor and Sumitomo Electric Industries announced that they are collaborating in the field of A-PHY technology and deployments. 

The companies will work together to ensure that Sumitomo Electric's wiring harness systems meet the channel requirements of the A-PHY specification, while Valens will add the Sumitomo Electric cable assembly and matching on-board connectors as an ordering option for its VA70X customer evaluation kits.

NEW PRODUCT DEVELOPMENT ININDONESIAAUTOMOTIVE WIRING HARNESS MARKET

Wiring Harness manufacturers are exploring for additive element along with Iron to make an aluminium alloy which will be able to conduct at low diameters.

DRAXLMAIER developed high voltage control box which is designed for connecting the cell package to the high-voltage wiring harnesses.

It contains precise measurement and control electronics, which meet the requirements set out by ASIL risk level C, including an integrated thermal management function

Sumitomo Electric developed wiring harness which provides electric power and signals to electrical components within sliding doors, whether the door is open, closed, or in operation. This allows opening and closing of the door to be automated.

It is used for the slide door of minivans, conveying electricity (power supply, signal) to electrical components installed in the door either in closed or opened state.

Furukawa Electric developed corrosion-proof terminal that seal the connection part with a tube structure to prevent corrosion.

Individual corrosion-proofing processing is not required because a sealed structure is formed by crimping the tube shaped terminal to a wire. 

This results reductions in manufacturing costs and is contributing to the expansion of adoption of aluminum wires.

COMPETITIVE LANDSCAPE

The connectors developed by Sumitomo Electric reduces the overall weight of connectors by 20-40%

Almost every connector manufacturer have opted for push to seat connector over pull to seat ones

Sumitomo Electric accounted for XX% of the market in Indonesia Automotive Wiring Harness

Although globally Yazaki is one of the biggest wiring harness manufacturer, their share in the Indonesian market is much lesser

As Yazaki moves more of its production overseas, it plans to make fewer wire harnesses in Japan, creating a challenge to protect employment for those employees who sustained production up to now.

COMPANY PROFILE

• Sumitomo Wiring Systems
• Hu Lane
• Sinbon Electronics
• Leoni
• Lear Corporation
• Fujikura Ltd.
• Furukawa Electric Co. Ltd.
• Yazaki Corporation