AUTOMOTIVE & TRANSPORTATION
Global Electric Vehicle Wiring Harness Market - Industry Trends and Forecast to 2032
REPORT OVERVIEW
Global Electric Vehicle Wiring Harness Market, By Wiring Harness Type (Traction Wiring Harness, Body Wiring Harness, Chassis Wiring Harness, HVAC Wiring Harness, Battery Wiring Harness, Door Wiring Harness, and Others), Component (Connectors, Terminals, Locks, Wires/Cables, Outer Coverings, and Others), Connector Type (Wire-to-wire Connectors, Wire-to-board Connectors, Board-to-board Connectors, and Others), Material Type (Metal and Optical Fiber), Power Type (Single Motor EV, Dual Motor EV, and Multiple Motor EV), Vehicle Type (Two/Three Wheelers, Passenger Cars, Light Commercial Vehicles, Heavy Duty Trucks, Buses and Coaches, and Off-road Vehicles), Region (North America, Europe, Asia-Pacific, South America, Middle East and Africa) – Industry Trends and Forecast to 2032.
Market Insights
The global Electric Vehicle Wiring Harness market size is valued to be USD xx million in 2023 and is expected to reach USD xx million by 2032, and it is expected to register a CAGR of xx% over the forecast period 2024-2032.
The global electric vehicle (EV) wiring harness market is a crucial component of the broader automotive industry, specifically catering to the unique electrical requirements of electric and hybrid electric vehicles. Electric vehicles require specialized wiring harness systems compared to traditional internal combustion engine vehicles. EV wiring harnesses are essential for transmitting power and data between various electrical components, including batteries, motors, inverters, and charging systems. These harnesses play a critical role in ensuring reliable and efficient electrical connectivity throughout the vehicle.
The respective global report analyses market trends, consumer behaviour and industry dynamics to guide towards entry into new markets with ease. Also, it assists in tailoring market specific and related products and services to meet the needs, preferences, and expectations of target audience by delving into their psychology. The report also specializes with comprehensive and extensive competitive analysis which offers useful insights into competitor strengths, weaknesses, opportunities, and threats. The respective report offers exclusive insights into the potential impact of disruptive developments and technologies that are expected to completely transform corporate operations. The context includes tailor-made research solutions to create a stronger footprint in their particular industries thereby offering dedicated customized solutions according to the client needs which helps in addressing unique business challenges with more simplified and efficient decision-making solutions.
Market Dynamics
DRIVERS
- Increasing vehicle electrification
- Expansion of charging infrastructure
RESTRAINTS
- Technological complexity
- Consumer awareness and acceptance
OPPORTUNITIES
- Global market expansion
- Diversification across vehicle segments
CHALLENGES
- Integration of advanced electronics and connectivity
- Vehicle electrification beyond passenger cars
SEGMENTATION
- Wiring Harness Type
- Traction Wiring Harness
- Body Wiring Harness
- Chassis Wiring Harness
- HVAC Wiring Harness
- Battery Wiring Harness
- Door Wiring Harness
- Others
- Component
- Connectors
- Terminals
- Locks
- Wires/Cables
- Outer Coverings
- Others
- Connector Type
- Wire-to-wire Connectors
- Wire-t0-board Connectors
- Board-to-board Connectors
- Others
- Material Type
- Metal
- Copper
- Aluminium
- Others
- Optical Fiber
- Plastic Optical Fiber
- Glass Optical Fiber
- Power Type
- Single Motor EV
- Dual Motor EV
- Multiple Motor EV
- Vehicle Type
- Two/Three Wheelers
- Passenger Cars
- Hatchbacks
- Sedans
- SUVs
- Light Commercial Vehicles
- Heavy Duty Trucks
- Buses and Coaches
- Off-road Vehicles
- Sales Channel
- OEM
- Aftermarket
The respective global report is completely customizable specific to regions (North America, Europe, Asia-Pacific, South America, Middle East and Africa), countries, segments, and key players as per the client requirements.
REGIONAL SEGMENTATION
- North America
- U.S.
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Russia
- The Netherlands
- Belgium
- Turkey
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Singapore
- Malaysia
- Australia
- Thailand
- Philippines
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Chile
- Colombia
- Rest of South America
- Middle East and Africa
- Kingdom of Saudi Arabia
- South Africa
- U.A.E.
- Egypt
- Rest of Middle East and Africa
KEY MARKET PLAYERS
- Aptiv PLC
- BizLink Holding Inc.
- Yura Corporation
- THB Group
- Delphi Technologies
- Hitachi Automotive Systems, Ltd.
- Nexans S.A.
- Metra Electronics Corporation
- Yazaki Corporation
- TE Connectivity Ltd.
Table OF CONTENTS
- SECTION 1 - INTRODUCTION
- 1.1 Taxonomy
- 1.2 Market Overview
- 1.3 Currency and Limitations
- 1.3.1 Currency
- 1.3.2 Limitations
- 1.4 Key Competitors
- SECTION 2 - RESEARCH METHODOLOGY
- 2.1 Research Approach
- 2.2 Data Collection and Validation
- 2.2.1 Secondary Research
- 2.2.2 Primary Research
- 2.3 Market Assessment
- 2.3.1 Market Size Estimation
- 2.3.2 Bottom-up Approach
- 2.3.3 Top-down Approach
- 2.3.4 Growth Forecast
- 2.4 Market Study Assumptions
- 2.5 Data Sources
- SECTION 3 - EXECUTIVE SUMMARY
- 3.1 Global Electric Vehicle Wiring Harness Market, by Wiring Harness Type
- 3.2 Global Electric Vehicle Wiring Harness Market, by Component
- 3.3 Global Electric Vehicle Wiring Harness Market, by Connector Type
- 3.4 Global Electric Vehicle Wiring Harness Market, by Material Type
- 3.5 Global Electric Vehicle Wiring Harness Market, by Power Type
- 3.6 Global Electric Vehicle Wiring Harness Market, by Vehicle Type
- 3.7 Global Electric Vehicle Wiring Harness Market, by Geography
- 3.8 Market Position Grid
- SECTION 4 - PREMIUM INSIGHTS
- 4.1 Regulatory Framework
- 4.1.1 Standards
- 4.1.2 Regulatory Landscape
- 4.2 Value Chain Analysis
- 4.3 Supply Chain Analysis
- 4.4 COVID-19 Impact
- 4.5 Russia-Ukraine War Impact
- 4.6 PORTER's Five Force Analysis
- 4.7 PESTLE Analysis
- 4.8 SWOT Analysis
- 4.9 Go to Market Strategy
- 4.10 Opportunity Orbit
- 4.11 Multivariate Modelling
- 4.12 Pricing Analysis
- SECTION 5 - MARKET DYNAMICS
- 5.1 Trends
- 5.1.1 Increased adoption of electric vehicles
- 5.1.2 Surge in technological advancements
- 5.1.3 Trend 3
- 5.2 Drivers
- 5.2.1 Increasing vehicle electrification
- 5.2.2 Expansion of charging infrastructure
- 5.2.3 Driver 3
- 5.2.4 Driver 4
- 5.3 Restraints
- 5.3.1 Technological complexity
- 5.3.2 Consumer awareness and acceptance
- 5.3.3 Restraint 3
- 5.4 Opportunities
- 5.4.1 Global market expansion
- 5.4.2 Diversification across vehicle segments
- 5.4.3 Opportunity 3
- 5.4.4 Opportunity 4
- 5.5 Challenges
- 5.5.1 Integration of advanced electronics and connectivity
- 5.5.2 Vehicle electrification beyond passenger cars
- 5.5.3 Challenge 3
- SECTION 6 - GLOBAL ELECTRIC VEHICLE WIRING HARNESS MARKET, BY WIRING HARNESS TYPE
- 6.1 Wiring Harness Type Summary
- 6.2 Market Attractive Index
- 6.3 Global Electric Vehicle Wiring Harness Market, by Wiring Harness Type (2019-2032)
- SECTION 7 - GLOBAL ELECTRIC VEHICLE WIRING HARNESS MARKET, BY COMPONENT
- 7.1 Component Summary
- 7.2 Market Attractive Index
- 7.3 Global Electric Vehicle Wiring Harness Market, by Component (2019-2032)
- SECTION 8 - GLOBAL ELECTRIC VEHICLE WIRING HARNESS MARKET, BY CONNECTOR TYPE
- 8.1 Connector Type Summary
- 8.2 Market Attractive Index
- 8.3 Global Electric Vehicle Wiring Harness Market, by Connector Type (2019-2032)
- SECTION 9 - GLOBAL ELECTRIC VEHICLE WIRING HARNESS MARKET, BY MATERIAL TYPE
- 9.1 Material Type Summary
- 9.2 Market Attractive Index
- 9.3 Global Electric Vehicle Wiring Harness Market, by Material Type (2019-2032)
- SECTION 10 - GLOBAL ELECTRIC VEHICLE WIRING HARNESS MARKET, BY POWER TYPE
- 10.1 Power Type Summary
- 10.2 Market Attractive Index
- 10.3 Global Electric Vehicle Wiring Harness Market, by Power Type (2019-2032)
- SECTION 11 - GLOBAL ELECTRIC VEHICLE WIRING HARNESS MARKET, BY VEHICLE TYPE
- 11.1 Vehicle Type Summary
- 11.2 Market Attractive Index
- 11.3 Global Electric Vehicle Wiring Harness Market, by Vehicle Type (2019-2032)
- SECTION 12 - GLOBAL ELECTRIC VEHICLE WIRING HARNESS MARKET, BY GEOGRAPHY
- 12.1 Regional Summary
- 12.2 Market Attractive Index
- 12.3 Global Electric Vehicle Wiring Harness Market, by Geography (2019-2032)
- SECTION 13 - NORTH AMERICA ELECTRIC VEHICLE WIRING HARNESS MARKET
- 13.1 North America Summary
- 13.2 Market Attractive Index
- 13.3 North America Electric Vehicle Wiring Harness Market, by Wiring Harness Type (2019-2032)
- 13.4 North America Electric Vehicle Wiring Harness Market, by Component (2019-2032)
- 13.5 North America Electric Vehicle Wiring Harness Market, by Connector Type (2019-2032)
- 13.6 North America Electric Vehicle Wiring Harness Market, by Material Type (2019-2032)
- 13.7 North America Electric Vehicle Wiring Harness Market, by Power Type (2019-2032)
- 13.8 North America Electric Vehicle Wiring Harness Market, by Vehicle Type (2019-2032)
- 13.9 North America Electric Vehicle Wiring Harness Market, by Country (2019-2032)
- 13.9.1 U.S.
- 13.9.2 Canada
- 13.9.3 Mexico
- 13.9.4 Rest of North America
- SECTION 14 - EUROPE ELECTRIC VEHICLE WIRING HARNESS MARKET
- 14.1 Europe Summary
- 14.2 Market Attractive Index
- 14.3 Europe Electric Vehicle Wiring Harness Market, by Wiring Harness Type (2019-2032)
- 14.4 Europe Electric Vehicle Wiring Harness Market, by Component (2019-2032)
- 14.5 Europe Electric Vehicle Wiring Harness Market, by Connector Type (2019-2032)
- 14.6 Europe Electric Vehicle Wiring Harness Market, by Material Type (2019-2032)
- 14.7 Europe Electric Vehicle Wiring Harness Market, by Power Type (2019-2032)
- 14.8 Europe Electric Vehicle Wiring Harness Market, by Vehicle Type (2019-2032)
- 14.9 Europe Electric Vehicle Wiring Harness Market, by Country (2019-2032)
- 14.9.1 Germany
- 14.9.2 U.K.
- 14.9.3 France
- 14.9.4 Italy
- 14.9.5 Spain
- 14.9.6 Russia
- 14.9.7 The Netherlands
- 14.9.8 Belgium
- 14.9.9 Turkey
- 14.9.10 Rest of Europe
- SECTION 15 - ASIA-PACIFIC ELECTRIC VEHICLE WIRING HARNESS MARKET
- 15.1 Asia-Pacific Summary
- 15.2 Market Attractive Index
- 15.3 Asia-Pacific Electric Vehicle Wiring Harness Market, by Wiring Harness Type (2019-2032)
- 15.4 Asia-Pacific Electric Vehicle Wiring Harness Market, by Component (2019-2032)
- 15.5 Asia-Pacific Electric Vehicle Wiring Harness Market, by Connector Type (2019-2032)
- 15.6 Asia-Pacific Electric Vehicle Wiring Harness Market, by Material Type (2019-2032)
- 15.7 Asia-Pacific Electric Vehicle Wiring Harness Market, by Power Type (2019-2032)
- 15.8 Asia-Pacific Electric Vehicle Wiring Harness Market, by Vehicle Type (2019-2032)
- 15.9 Asia-Pacific Electric Vehicle Wiring Harness Market, by Country (2019-2032)
- 15.9.1 China
- 15.9.2 India
- 15.9.3 Japan
- 15.9.4 South Korea
- 15.9.5 Singapore
- 15.9.6 Malaysia
- 15.9.7 Australia
- 15.9.8 Thailand
- 15.9.9 Philippines
- 15.9.10 Rest of Asia-Pacific
- SECTION 16 - SOUTH AMERICA ELECTRIC VEHICLE WIRING HARNESS MARKET
- 16.1 South America Summary
- 16.2 Market Attractive Index
- 16.3 South America Electric Vehicle Wiring Harness Market, by Wiring Harness Type (2019-2032)
- 16.4 South America Electric Vehicle Wiring Harness Market, by Component (2019-2032)
- 16.5 South America Electric Vehicle Wiring Harness Market, by Connector Type (2019-2032)
- 16.6 South America Electric Vehicle Wiring Harness Market, by Material Type (2019-2032)
- 16.7 South America Electric Vehicle Wiring Harness Market, by Power Type (2019-2032)
- 16.8 South America Electric Vehicle Wiring Harness Market, by Vehicle Type (2019-2032)
- 16.9 South America Electric Vehicle Wiring Harness Market, by Country (2019-2032)
- 16.9.1 Brazil
- 16.9.2 Argentina
- 16.9.3 Chile
- 16.9.4 Colombia
- 16.9.5 Rest of South America
- SECTION 17 - MIDDLE EAST AND AFRICA ELECTRIC VEHICLE WIRING HARNESS MARKET
- 17.1 Middle East and Africa Summary
- 17.2 Market Attractive Index
- 17.3 Middle East and Africa Electric Vehicle Wiring Harness Market, by Wiring Harness Type (2019-2032)
- 17.4 Middle East and Africa Electric Vehicle Wiring Harness Market, by Component (2019-2032)
- 17.5 Middle East and Africa Electric Vehicle Wiring Harness Market, by Connector Type (2019-2032)
- 17.6 Middle East and Africa Electric Vehicle Wiring Harness Market, by Material Type (2019-2032)
- 17.7 Middle East and Africa Electric Vehicle Wiring Harness Market, by Power Type (2019-2032)
- 17.8 Middle East and Africa Electric Vehicle Wiring Harness Market, by Vehicle Type (2019-2032)
- 17.9 Middle East and Africa Electric Vehicle Wiring Harness Market, by Country (2019-2032)
- 17.9.1 Kingdom of Saudi Arabia
- 17.9.2 South Africa
- 17.9.3 U.A.E.
- 17.9.4 Egypt
- 17.9.5 Rest of Middle East and Africa
- SECTION 18 - COMPANY SHARE ANALYSIS
- 18.1 Global Electric Vehicle Wiring Harness Market, Company Share Analysis
- 18.2 North America Electric Vehicle Wiring Harness Market, Company Share Analysis
- 18.3 Europe Electric Vehicle Wiring Harness Market, Company Share Analysis
- 18.4 Asia-Pacific Electric Vehicle Wiring Harness Market, Company Share Analysis
- SECTION 19 - COMPANY PROFILES
- 19.1 Aptiv PLC
- 19.1.1 Company Snapshot
- 19.1.2 Financial Overview
- 19.1.3 Product Portfolio
- 19.1.4 Recent Developments
- 19.2 BizLink Holding Inc.
- 19.2.1 Company Snapshot
- 19.2.2 Financial Overview
- 19.2.3 Product Portfolio
- 19.2.4 Recent Developments
- 19.3 Yura Corporation
- 19.3.1 Company Snapshot
- 19.3.2 Financial Overview
- 19.3.3 Product Portfolio
- 19.3.4 Recent Developments
- 19.4 THB Group
- 19.4.1 Company Snapshot
- 19.4.2 Financial Overview
- 19.4.3 Product Portfolio
- 19.4.4 Recent Developments
- 19.5 Delphi Technologies
- 19.5.1 Company Snapshot
- 19.5.2 Financial Overview
- 19.5.3 Product Portfolio
- 19.5.4 Recent Developments
- 19.6 Hitachi Automotive Systems, Ltd.
- 19.6.1 Company Snapshot
- 19.6.2 Financial Overview
- 19.6.3 Product Portfolio
- 19.6.4 Recent Developments
- 19.7 Nexans S.A.
- 19.7.1 Company Snapshot
- 19.7.2 Financial Overview
- 19.7.3 Product Portfolio
- 19.7.4 Recent Developments
- 19.8 Metra Electronics Corporation
- 19.8.1 Company Snapshot
- 19.8.2 Financial Overview
- 19.8.3 Product Portfolio
- 19.8.4 Recent Developments
- 19.9 Yazaki Corporation
- 19.9.1 Company Snapshot
- 19.9.2 Financial Overview
- 19.9.3 Product Portfolio
- 19.9.4 Recent Developments
- 19.10 TE Connectivity Ltd.
- 19.10.1 Company Snapshot
- 19.10.2 Financial Overview
- 19.10.3 Product Portfolio
- 19.10.4 Recent Developments
- SECTION 20 - RELATED REPORTS
- SECTION 21 - DISCLAIMER
RESEARCH METHODOLOGY
The research methodology employed in Uniprism Market Research involves four basic steps namely research and data collection, data pre-processing, modeling and forecasting, quality assurance and output.
RESEARCH AND DATA COLLECTION
A tripod model research technique is followed for research and data collection in which various approaches such as primary research, secondary research, and product mapping are considered.
Primary research basically involves the process of conducting personalized interviews with market related professionals of major market players, investors, distributors, vendors and many more.
The secondary research include data published by government, annual reports, press releases, investor presentations of companies, white papers, certified publications, annual manufacturing limit of the respective industries related to the market, production consumption analysis of certain products respective to the market and many more.
Below mention are few of the sources which we have considered while estimating the market size:
For instance,
- Research articles published on Technium
- Science and MDPI
- Research publications by government approved associations and societies
Product mapping means the process of mapping the list of products that a key player contributes to the market as well as estimating the revenue of those products in order to define the Global Company share analysis of the respective Global Company in global, regional, and country level markets.
DATA PRE-PROCESSING
The term "data pre-processing" refers to the collection of procedures and methods used to clean, modify, and make ready for analysis the raw data gathered during research and data collection. The completion of this phase is necessary to guarantee that the data are reliable, consistent, and appropriate for statistical analysis and other data-driven tasks. The data pre-processing ensures that the information gathered from research and data collection is comparable and expressed in standard units, by the integration of missing data pointers and algorithmic approaches.
MODELING AND FORECASTING
The process of developing mathematical, statistical, or computational representations of real-world occurrences or relationships is known as modelling. These models are intended to replicate and explain market interactions, interdependence, and dynamics. These models are used by Uniprism Market Research to acquire a better knowledge of numerous market characteristics such as customer preferences, pricing elasticity, competition dynamics, and more. Depending on the individual study aims, many types of models are utilized, such as regression models, econometric models, decision tree models, and machine learning models.
Forecasting is the process of predicting future market conditions, trends, and occurrences using past data and models. Forecasting is used by Uniprism Market Research to estimate future sales, demand for products or services, market growth, and other important performance metrics. Forecasting accurately can assist organizations in making educated decisions about resource allocation, pricing, inventory management, and marketing tactics.
We create standardized bottom-up or top-down models that scale by leveraging data science and machine learning technology. All our market models consider the unique market characteristics of each country. Forecasting is based on major market indicators and a combination of traditional methodologies, such as exponential smoothing, time series analysis, regression analysis, and more modern techniques such as machine learning algorithms are all forecasting methodologies. The method chosen is determined on the nature of the data and the specific forecasting aims.
QUALITY ASSURANCE AND OUTPUT
Quality assurance and output involves the process of validation, adjustments, further publications of key market indicators. Extensive plausibility and consistency tests are performed on derived time series to ensure the high degree of quality of our market analysis. This quality assurance procedure also includes rigorous inspection, validation, and editing by an experienced management team to assure the dependability of the published data.