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Automotive Wire Harness Market Industry Analysis with Business Trends.

Asia-Pacific dominates the automotive wire harness market owing to the increasing production of vehicles in China, India, and Japan. China is the prime contributor in the global automotive wire harness market as it is the largest vehicle manufacturer. The increased electrification in conventional vehicles and surge in adoption of EVs along with government regulations will propel the growth in the region.

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Automotive Wire Harness Market Industry Analysis with Business Trends.

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  1. Global Automotive Wire Harness Market

  2. About VynZ Research… • VynZ Research is a global market research firm offering research, analytics, and consulting services on business strategies. We have a recognized trajectory record and our research database is used by many renowned companies and institutions in the world to strategize and revolutionize business opportunities. The company focuses on providing valuable insights on various technology verticals such as Chemicals, Automotive, Transportation, Energy, Consumer Durables, Healthcare, ICT and other emerging technologies. • VynZ Research has one of the most qualified & experienced analysts, who are constantly tracking the markets and the technologies. The research team has years of proven experience and wide knowledge & understanding of the technology, application, business models, and regulators of the segments and the value chain involved. • A trusted & proven methodology that involves highest quality of primary research, secondary analysis collated & verified through various sources including cross checking with different industry experts. • Serving wide range of customers most of them from Fortune 2000 companies • With a dedicated 24x7 customer helpline our customers can reach for specifying their needs • Developing long term relationship with the clients and satisfying them is one of the crucial notches of the company. VynZ Research aims at gaining and retaining its clients in order to make long term customer relationship.

  3. Global Automotive Wire Harness Market The global automotive wire harness market is anticipated to grow at a 5.8% CAGR during the forecast period 2021-2027. The rising demand for integration of developed electronic safety functions in automobiles, increased demand for HVAC in passenger cars, mounting demand for ADAS installations in vehicles, and growing consumer preference for automotive electrical components will fuel the growth of the market. This market is likely to grow further by rising the increasing sale of electric vehicles, increased R&D efforts, and the growing demand for vehicle weight reduction along with increased demand for lighter and shorter wiring harnesses, as well as advancements in optical fiber, tiny fakra connections, and lightweight aluminum harnesses. Thus, automotive wire harnesses enable secure and reliable connections, and their use enhances the vehicle's fuel efficiency while also complying with current regulatory standards on fuel usage and emissions.

  4. Global Automotive Wire Harness Market The COVID-19 pandemic has severely impacted the global supply chain in the automotive industry. This has resulted in a halt of vehicle production and the closing of country borders has affected the raw material and component supplies. This has adversely impacted the automotive wire harness market. Asia-Pacific dominates the automotive wire harness market owing to the increasing production of vehicles in China, India, and Japan. China is the prime contributor in the global automotive wire harness market as it is the largest vehicle manufacturer. The increased electrification in conventional vehicles and surge in adoption of EVs along with government regulations will propel the growth in the region.

  5. Global Automotive Wire Harness Market Optical fiber with a narrower outer diameter (200 m) is used to make the 12-core rollable ribbon. Extremely high density is provided by a significantly thinner wire with an outside diameter of only 29 mm (6912 cores). This advancement allows ultra-high count multi-core fiber to be installed in bulk in existing pipe conduits. The prominent players in the automotive wire harness industry include Delphi Technologies PLC, Furukawa Electric Co., Ltd., Leoni AG, Lear Corporation, NexansAutoelectricGmbh, Sumitomo Electric Industries, Ltd., Spark Minda, Yura Corporation, Yazaki Corporation, and SamvardhanaMotherson Group

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