Automotive Wiring Harness Market will register a CAGR of 14% during 2020-2024. The market’s growth momentum will Accelerate.
The use of advanced materials for wire harnesses will be one of the major factors driving the growth of this market. Additionally, key Automotive Wiring Harness Market trends such as the advances in autonomous vehicles will also influence the market growth during the forecast period.
Automotive Wiring Harness Market Size
During the forecast period, the Automotive Wiring Harness Market size will grow by USD 10.7 bn.
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Automotive Wiring Harness Market : Vendors
The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Automotive Wiring Harness Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the will also challenge the growth of the companies.
Aptiv Plc | Fujikura Ltd. | Furukawa Electric Co. Ltd. | Kyungshin Co. Ltd. | Lear Corp. | LEONI AG | Nexans SA | Samvardhana Motherson Group | Sumitomo Electric Industries Ltd. | Yazaki Corp..list
are some of the companies covered in Technavio’s Automotive Wiring Harness Market report for 2020-2024.
Automotive Wiring Harness Market : Region-level Analysis
The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Automotive Wiring Harness Market.
The APAC will account for the largest Automotive Wiring Harness Market share and during 2020-2024, the region will contribute to 64% of the market’s growth.
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