Wire harness makers in Mexico provide a solid foundation for the automotive, aerospace, medical device, and electronics manufacturing sectors.
Due mostly to the rising demand from industrial end-users, the low-cost method of producing the sheaths that bundle and shield wires from friction and environmental damage has developed into a thriving sector in Mexico.
The complexity of the electronics in modern vehicles has increased. The wiring harness of one vehicle could contain thousands of part numbers.
However, the manufacture of these intricate parts for harnesses is still mostly done by hand in Mexico. Therefore, lowering the price of wire harness manufacturing is essential to retaining the finished product’s affordability.
The cost of highly skilled labour in Mexico is less than that in the US. Additionally, the infrastructure that these businesses in Mexico are supported by is both up-to-date and reasonably priced.
With this kind of backing and the astounding industry growth forecasts, it makes sense that more wire harness companies are shifting production to Mexico.
The Mexico EV Wiring Harness Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.
Volkswagen has moved the production of its wire harnesses to Romania, Hungary, Tunisia, Morocco, Mexico, and China in order to make up for the volume losses brought on by the Russian invasion of Ukraine.
A memorandum of understanding between the state of Durango’s government and the South Korean business ECOCAB said that the latter will invest in the development and opening of a new manufacturing facility there.
The company offers power supply cables for high-capacity wire harness, high temperature engine wiring harness goods, high voltage electric vehicle wiring harness products, and PTC cables for electric vehicle applications.
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