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(I-AutoNewsWire.com, November 24, 2017 ) Automotive Wiring Harness Market: An automotive wiring harness is an assembly of electric wires or cables and other components such as connectors and clamps used to transfer information and power among the electronic components of a vehicle. It is also known as a wiring loom for vehicles. Electric wires are tied together with the help of different components such as cable ties, electrical tapes, conduits, or a combination of these to form the complete wiring assembly. An automotive wiring harness safeguards the wires against the impact of vibrations. In addition, it also safeguards the components from abrasions and moisture. The design of the automotive wiring harness has become more complicated with an increase in the number of connected components in vehicles. Companies have developed design software like computer-aided design (CAD) tools to design automotive wiring harnesses.
Publisher's analysts forecast the global automotive wiring harness market to grow at a CAGR of 6% during the period 2016-2020.
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The market is divided into the following segments based on geography: - Americas - APAC - EMEA
Key vendors -Delphi Automotive -Lear -Leoni -Sumitomo Electric Wiring Systems -Yazaki
Other prominent vendors -Coroplast -Fujikura -Furukawa -PKC -Yura
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Market driver -Automation to drive down the manufacturing cost of automotive wiring harnesses -Expanding EV sector to spur the demand for automotive wiring harnesses -Increased focus of regulatory bodies on road safety and emission reduction to push electronic content in vehicles -Rising demand for high-speed connectivity solutions in vehicles
Market challenge -Low-cost manufacturing countries to lose their cost advantage -Increased pressure from OEMs to reduce component costs
Market trend -Smart materials to shape the future of automotive wiring harnesses -Introduction of high-end optical fibers in auto sector -Development of lightweight and heat resistant materials for automotive wiring harnesses -Shifting focus of OEMs toward development of autonomous vehicles -3D printing of automotive wiring harnesses
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
Browse complete report @ http://www.reportsweb.com/global-automotive-wiring-harness-market-2016-2020
Key questions answered in this report - What will the market size be in 2020 and what will the growth rate be? - What are the key market trends? - What is driving this market? - What are the challenges to market growth? - Who are the key vendors in this market space? - What are the market opportunities and threats faced by the key vendors? - What are the strengths and weaknesses of the key vendors?
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