SOUTH KOREA EV WIRING HARNESS MARKET

INTRODUCTION

In order to reduce weight and enhance vehicle packaging, there is an increasing demand for lightweight wire harnesses due to expanding EV production and technical improvements. According to projections, the car industry will be greatly influenced by shifting customer behaviour and rising demand for traits driven by technology.

OEMs must invest in methods that address mobility needs in order to comply with environmental and safety rules and norms put in place by governments throughout the world. 

The demand will be influenced by industrialized countries switching from internal combustion engines to electric passenger and commercial cars.

By fostering more technology-driven trends, emerging markets, shifting customer tastes, and rising automation are predicted to change the EV business. The market is expanding due to the increased need for electric vehicle wiring harnesses to attain better performance, flexibility, and dependability.

SOUTH KOREA EV WIRING HARNESS MARKET SIZE AND FORECAST

The South Korea 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 2024 to 2030.

MARKET DYNAMICS

The collaboration between Valens Semiconductor and Sumitomo Electric Industries, Ltd. in the realm of A-PHY technologies and deployments was announced.

In addition, Valens will add the Sumitomo Electric cable assembly and matching onboard connectors as an ordering option for its VA70XX customer evaluation kits. The companies will collaborate to ensure that Sumitomo Electric's wiring harness systems meet the channel requirements of the A-PHY specification. 

The collaboration will simplify MIPI A-PHY technology implementation across the automobile sector. The first standardized, asymmetric, long-reach Serializer-Deserializer (SerDes) physical layer interface for ADAS and autonomous electrical driving systems is called MIPI A-PHY.

In order to comply with the A-PHY specification, Sumitomo Electric will offer differential/coaxial cables. Later on, the two businesses will collaborate to increase the range of available cabling alternatives.

COMPANY PROFILE

• J.S.T. Mfg. Co., Ltd
• Motherson Sumi Systems Ltd.
• Coroplast Fritz Müller GmbH & Co. KG
• Korea Electric Terminal
• Cypress Industries
• Fujikura Ltd
• Yazaki Corporation
• Furukawa Electric Co. Ltd.
• Nexans Autoelectric GmbH
• SINBON Electronics Co., Ltd.

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost perSouth Korea EV Wiring Harness Marketright now and how will it change in next 5-6 years?
2. Average cost to set up aEV Wiring Harness MarketinSouth Korea?
3. How manySouth Korea EV Wiring Harness Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
4. What is happening in the overall public, globally?
5. Cost breakup of aSouth Korea EV Wiring Harness Marketand key vendor selection criteria
6. Where is theSouth Korea EV Wiring Harness Marketmanufactured? What is the average margin per equipment?
7. Market share ofSouth Korea EV Wiring Harness Marketmanufacturers and their upcoming products
8. The most important plannedSouth Korea EV Wiring Harness Marketin next 2 years
9. Details on network of majorSouth Korea EV Wiring Harness Marketand pricing plans
10. Cost advantage for OEMs who manufactureSouth Korea EV Wiring Harness Marketin-house
11. 5 key predictions for next 5 years inSouth Korea EV Wiring Harness Market
12. Average B-2-BSouth Korea EV Wiring Harness Marketprice in all segments
13. Latest trends inSouth Korea EV Wiring Harness Market, by every market segment
14. The market size (both volume and value) ofSouth Korea EV Wiring Harness Marketin 2024-2030 and every year in between?
15. Global production breakup ofSouth Korea EV Wiring Harness Market, by suppliers and their OEM relationship