DUBLIN—Research and Markets has announced the addition of the "Growth Opportunities in the Global Automotive Wiring Harness Market" report to their offering.
The future of the global automotive wiring harness market looks promising with opportunities in the passenger car and commercial vehicle. The global automotive wiring harness market is expected to reach an estimated $54.2 billion by 2021. The global automotive wiring harness market is forecast to grow at a CAGR of 6.3% from 2016 to 2021. The major drivers of growth for this market are increasing vehicle production and increasing content of electronic technology in vehicles.
Emerging trends which have a direct impact on the dynamics of the industry include introduction of high voltage wiring harness system in electric vehicles and development of recycling of wiring harness system.
APAC is expected to remain the largest region due to high vehicle production and increasing government mandates relating to safety features of vehicle.
This report answers following key questions:
- What are some of the most promising, high-growth opportunities for the automotive wiring harness market by application, type, vehicle type, and region?
- Which segments will grow at a faster pace and why?
- Which region will grow at a faster pace and why?
- What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in this market?
- What are the business risks and competitive threats in this market?
- What are the emerging trends in this market and reasons behind them?
- What are some of the changing demands of customers in the market?
- What are the new developments in the market? Which companies are leading these developments?
- Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
- What are some of the competing products in this market and how big of a threat do they pose for loss of market share by materials / product substitution?
- What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
Companies Mentioned:
- Delphi Corporation
- Lear Corporation
- Leoni Group
- Sumito Electric Industries Ltd.
- Yazaki Corporation
For more information about this report visit http://www.researchandmarkets.com/research/wtwmlc/growth
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Related Topics: Automotive Parts, Automotive Commodities