Market research reports, consulting: Global Market Insights Inc.

Automotive Harness System Market - By Material (Copper, Aluminum), By Component (Connectors, Terminals, Wires), By Vehicle Type (Two-wheelers, Passenger Cars, Commercial Vehicles), By Propulsion Type, By Application, Forecast 2022-2032

Report ID: GMI6074
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Published Date: June 2023
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Report Format: PDF

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Automotive Harness System Market Size

Automotive Harness System Market size was valued at USD 52.2 billion in 2022 and is anticipated to grow at a CAGR of over 5% between 2023 and 2032. The increasing complexity of automotive electrical systems, the rising demand for electric & hybrid vehicles, the growing adoption of Advanced Driver Assistance Systems (ADAS), and the integration of advanced infotainment & connectivity features in vehicles are the major factors contributing to market growth. Automotive harness systems are crucial for efficiently routing & managing electrical wiring as well as ensuring reliable communication and power distribution throughout the vehicle. The market presents significant opportunities for harness system manufacturers to cater to the evolving needs of the automotive industry
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Automotive Harness System Market

An automotive harness system is a combination of electrical cables or an assembly of wires, which connects all Electrical & Electronic (E/E) components in the automotive vehicle. The harness handles the energy and information flow within the E/E system to fulfill primary car functions, such as steering and braking, as well as secondary car functions including ventilation and infotainment.
 

The increasing complexity of automotive electrical systems and the integration of advanced technologies pose design & manufacturing challenges to meet higher data transfer rates and power requirements. Furthermore, the high cost of developing and implementing advanced harness systems can limit adoption, particularly in price-sensitive markets, which is anticipated to hinder market growth during the forecast period.
 

COVID-19 Impact

The COVID-19 pandemic had a significant impact on the global automotive harness system market. In the initial phase of the pandemic, the automotive industry witnessed disruptions in the supply chain & manufacturing operations and a decline in vehicle sales. These factors negatively impacted the automotive harness system industry share. However, as the industry recovered, the market witnessed a resurgence in demand, which was driven by the rebound in vehicle production and the rising electrification & digitalization trends.
 

Automotive Harness System Market Trends

The growing demand for lightweight & compact harness systems to accommodate the increasing number of electrical components in vehicles while minimizing space requirements and weight is expected to inject significant growth in the coming years. The rising need for advanced wiring technologies capable of handling higher data transfer rates required for in-vehicle communication networks and ADAS is also fueling market growth. Additionally, emphasis on enhancing the durability, reliability, and ease of installation of harness systems to optimize vehicle assembly processes is anticipated to favor market demand.
 

Automotive Harness System Market Analysis

Automotive Harness System Market Size, By Application,

Based on application, the automotive harness system market is segmented into body & lighting, engine, HVAC, chassis, dashboard & cabin, battery, seat, and others. The dashboard & cabin segment is expected to witness over 6.5% CAGR during the forecast period, i.e., 2023 to 2032. The market is witnessing an increasing demand for advanced connectivity features and enhanced user experiences including seamless integration with smartphones, touchscreen displays, voice recognition systems & personalized settings in vehicles. These features rely on robust wiring harnesses to enable effective communication and power distribution between various components in the dashboard and cabin. As automakers strive to meet consumer expectations, the demand for sophisticated harness systems to support these technologies will grow.
 

Automotive Harness System Market Share, By Material,

Based on material, the market is divided into copper, aluminum, and others. Copper led the material segment with over 60% market share in 2022 and is expected to witness a robust growth rate during the forecast period. Copper efficiently transmits electrical power & signals with minimal resistance and loss. This is crucial in automotive applications where reliable & efficient electrical connections are essential for the proper functioning of various systems and components. In automotive applications, where electrical components can generate significant heat, copper wiring harnesses manage and dissipate heat efficiently, preventing overheating and potential damage to the system.
 

China Automotive Harness System Market Size, By Application

Asia Pacific is the dominant region in the global automotive harness system market with a share of over 30% in 2022. Countries including China, Japan, India, and South Korea are propelling market growth in this region. These countries have a strong automotive industry and are investing heavily in electric & hybrid vehicles, which require advanced harness systems for efficient electrical integration. The Asia Pacific market presents significant opportunities such as regional expansion for harness system manufacturers to expand their market presence and cater to the evolving needs of the automotive sector.
 

Automotive Harness System Market Share

Some of the major players operating in the automotive harness system market are

  • Aptiv
  • Continental AG
  • Fujikura Ltd.
  • Furukawa Electric Co., Ltd.
  • Gencor Industries, Inc.
  • Lear Corporation
  • LEONI
  • Molex

These players focus on strategic partnerships, new product launches, and commercialization efforts for market expansion. Furthermore, they heavily invest in research to introduce innovative products and garner maximum revenue in the market.
 

Automotive Harness System Industry News:

  • In September 2022, Aptiv acquired Italy-based Intercable Automotive Solutions, which deals in high-voltage power distribution and high-precision connection technologies. The acquisition is expected to strengthen Aptiv’s position in the automotive harness system industry in the coming years.
     

The automotive harness system market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue (USD Million) from 2018 to 2032, for the following segments:

By Material

  • Copper
  • Aluminum
  • Others

By Component

  • Connectors
  • Terminals
  • Wires
  • Others

By Vehicle Type

  • Two wheelers
  • Passenger Cars
  • Commercial Vehicles

By Propulsion Type

  • ICE vehicles
  • Electric vehicles
  • Hybrid vehicles

By Application

  • Body & lighting
  • Engine
  • HVAC
  • Chassis
  • Dashboard & cabin
  • Battery
  • Seat
  • Others

The above information is provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Italy
    • Spain
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Thailand 
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • UAE
    • Saudi Arabia
    • South Africa

 

Authors: Preeti Wadhwani, Aishvarya Ambekar
Frequently Asked Question(FAQ) :
What is the automotive harness system market worth?
Market size for automotive harness system was USD 52.2 billion in 2022 and will witness over 5% CAGR from 2023-2032 due to the increasing demand for electric & hybrid vehicles worldwide
Why is the demand for copper automotive harness systems increasing?
What is the size of the automotive harness system market in APAC?
Who are the major automotive harness system business players?
Automotive Harness System Market Scope
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    Premium Report Details

    Base Year: 2022

    Companies covered: 15

    Tables & Figures: 339

    Countries covered: 18

    Pages: 250

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