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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
Due to its rapid technological development, America now has a very competitive market. The area is making major investments to promote the use of electric vehicles. To satisfy the needs of the client for high-quality products, businesses from diverse industries are improving the whole company's operations.
American automobile manufacturing is advanced. These elements are fueling the expansion of the EV market in the area. Automobile manufacturers have also been switching from gasoline engines to electric cars as a result of stricter pollution standards and the growing demand for fuel-efficient automobiles.
The use of wire harnesses that offer safe and dependable connections has increased as a result of the rising need for safety features in EVs. A wire harness composed of insulating material reduces the likelihood of problems with short-circuit, abrasion, and moisture.
Numerous potential for the expansion of the American market may also arise from the rising usage of safety sensors and automated steering control systems.
The US EV Wiring Harness Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
Lucid Air, a California-based business needs a dependable wire harness partner for its initial electric vehicle type. It then went to Coroplast Fritz Müller GmbH & Co. KG's Wewire, a brand under their company.
Their engineers were able to create prototypes of the needed parts in a record-breaking six weeks. Here, the ability of WeWire to create specialized and, more importantly, lightweight plastic mounts, was key.
Thus, the Lucid Air is the first electric car to be fully outfitted with mounts made of plastic that were created in-house by WeWire. The fully electric vehicle was introduced by Lucid Motors.A front engine with 400 horsepower and a rear engine with 600 horsepower beneath the hood offers a combined output of 1000 horsepower.
| 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, 2024-2030 |
| 18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
| 19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
| 20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
| 21 | Product installation rate by OEM, 2023 |
| 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, 2023 |
| 29 | Company Profiles |
| 30 | Unmet needs and opportunity for new suppliers |
| 31 | Conclusion |
| 32 | Appendix |
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