INDONESIA EV WIRING HARNESS MARKET

KEY FINDINGS

• Growth of ADAS technology, electrification and infotainment features in a car are the drivers of the wiring harness industry 

• 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

• The rise in the number of EVs in the upcoming years is expected to change the landscape of the wiring harness industry especially in the powertrain and sensor wiring harness application as the wires installed are higher for motors and increased fitment of sensors and controls in EVs. 

• In terms of wiring harness development, environmentally friendly products, such as hi-voltage wiring harness systems for HEVs and EVs and weight-saving wiring harness systems designed to improve fuel efficiency, will be in strong demand.

• 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.

• Need for individual passenger vehicles, regulatory and governmental measures to increase EV presence and need for added advanced features in a vehicle will drive the growth of the Wiring Harness industry.

• Increasing penetration of HEV and BEV is likely to increase the demand for high voltage WH systems. 

• The Indonesian government has  implemented regulations to improve the safety and environmental performance of vehicles. These regulations require the use of certain types of wiring harnesses in vehicles, which has boosted the demand for automotive wiring harnesses in the country.

 

INTRODUCTION

In order to reduce weight and improve vehicle packaging, there is an increasing demand for lightweight wiring harnesses due to rising EV production and technical improvements.

 

 

 

The vehicle’s wiring harness is an organised set of cables and connectors used to transmit power and data. Wires increase as ECUs increase. The “central nervous system” of a car, the wire harness, is being forced to make more connections than are necessary due to the increased complexity.

 

And to further complicate matters, more and more automobiles are choosing electric powertrains over conventional internal combustion engines. Advanced solutions will continue to be required as more cars switch to electric power, which will result in considerable changes to electronic systems.

 

INDONESIA EV WIRING HARNESS MARKET SIZE AND FORECAST

 

The Indonesia EV Wiring Harness Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

MARKET DYNAMICS

Lear Corporation, a market leader in Seating and E-Systems for the automobile industry, recently announced the signing of a binding agreement for a joint venture with Hu Lane Associate Inc., a producer of premium automotive connector solutions.

 

The goal of this joint venture is to strengthen Lear’s competitiveness in the wire harness market while assisting its profitable expansion plans in connection systems.

 

Hu Lane is a technical expert with years of sales and service experience. It has production facilities in Vietnam, Indonesia, Nanjing, and Dongguan, all of which are competitively priced.

 

TRENDS IN AUTOMOTIVE WIRING HARNESS MARKET

 

Corrosion-proof Terminal for Aluminum Wire

• 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.

 

Aluminum Harnesses

• Sumitomo Electric developed a new wiring harness using high strength aluminum alloy wires instead of traditional copper wires. This reduces the weight of the harness, which can improve fuel efficiency and reduce emissions.
• This development provides in harnesses about twice the strength of standard aluminum while maintaining their bending properties in a lower cost.
• This wires are being used in Engine Wire Harness.

 

High Voltage Harnesses for Electric Vehicles

• Furukawa Electric developed High Voltage Harness Wire for Electric Vehicles.
• This is a wire harness for electric vehicle that supports high voltage and high current.
• High Voltage Wire Harness has a shield function which shields the electromagnetic waves from exterior material with anti-traumatic and anti-corrosion property, which is to protect and arrange the electric wire under the floor of the vehicle.

 

NEW PRODUCT DEVELOPMENT IN AUTOMOTIVE WIRING HARNESS MARKET

 

Fujikura’s Three new wires

• 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.

 

EPB Harness Integrated with Wheel Speed Sensor

• Sumitomo Electric developed the world’s first integrated wheel speed sensor and EPB harness.
• It Provides reductions in both weight and cost.
• EPB：Electric Parking Brake

 

Leoni Pre-formed harnesses

• Pre-formed wiring harness is produced in a stable, three-dimensional form using specially formulated coating materials.
• This technique protects the harness against dirt, fluids, extreme temperatures, vibration and physical damage.
• The pre-formed harness provides the harness to be routed around complex shapes like engines, gearboxes and axles.

 

MARKET SEGMENTATION

 

By Vehicle Type

• Passenger Vehicle
• Commercial Vehicle

By Application

• Body Wiring Harness
• Chassis Wiring Harness
• HVAC Wiring Harness
• Engine Wiring Harness
• Sensors Wiring Harness
• Others

By Component

• Electrical Wires
• Terminals
• Connectors & Others

 

COMPANY PROFILE

• GSW
• Sumitomo Wiring Systems
• SINBON Electronics Co., Ltd.
• Hu Lane
• Cypress Industries
• Netcon Enterprises
• Fujikura Ltd.
• Furukawa Electric Co. Ltd.
• THB Group
• Yazaki Corporation

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. Average cost to set up an EV Wiring Harness Market in Indonesia ?
2. How many Indonesia EV Wiring Harness Market are manufactured per annum globally? Who are the sub-component suppliers in different regions?
3. Cost breakup of a Indonesia EV Wiring Harness Market and key vendor selection criteria
4. Where is the Indonesia EV Wiring Harness Market  manufactured? What is the average margin per equipment?
5. Market share of Indonesia EV Wiring Harness Market manufacturers and their upcoming products
6. The most important planned Indonesia EV Wiring Harness Market in next 2 years
7. Details on network of major Indonesia EV Wiring Harness Market and pricing plans
8. Cost advantage for OEMs who manufacture Indonesia EV Wiring Harness Market in-house
9. 5 key predictions for next 5 years in Indonesia EV Wiring Harness Market
10. Average B-2-B Indonesia EV Wiring Harness Market price in all segments
11. Latest trends in Indonesia EV Wiring Harness Market, by every market segment
12. The market size (both volume and value) of Indonesia EV Wiring Harness Market in 2023-2030 and every year in between?
13. Global production breakup of Indonesia EV Wiring Harness Market, by suppliers and their OEM relationship