Global Automotive Wiring Harness Market Size & Outlook
Global automotive wiring harness market, 2018-2030 (US$M)
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Global automotive wiring harness market highlights
- The global automotive wiring harness market generated a revenue of USD 50,097.4 million in 2023 and is expected to reach USD 63,008.3 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.3% by 2030.
- In terms of segment, terminals accounted for a revenue of USD 20,897.9 million in 2023.
- Terminals is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Canada is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 50,097.4 million |
| Market revenue in 2030 | USD 63,008.3 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Terminals |
| Fastest growing segment | Terminals |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Electric Wires, Connectors, Terminals |
Other key industry trends
- In terms of revenue, the North America accounted for 15.4% of the global automotive wiring harness market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Canada is the fastest growing regional market and is projected to reach USD 1,221.3 million by 2030.
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Automotive Wiring Harness Market Scope
Automotive Wiring Harness Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global automotive wiring harness market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to automotive wiring harness market will help companies and investors design strategic landscapes.
Terminals was the largest segment with a revenue share of 41.71% in 2023. Horizon Databook has segmented the Global automotive wiring harness market based on electric wires, connectors, terminals covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Automotive Wiring Harness Component Outlook (Revenue, USD Million, 2018-2030)
- Electric Wires
- Connectors
- Terminals
- Others
- Global Automotive Wiring Harness Application Outlook (Revenue, USD Million, 2018-2030)
- Body Harness
- Chassis Wiring
- Engine Harness
- HAVC Harness
- Sensors Harness
- Global Automotive Wiring Harness Electric Vehicle Outlook (Revenue, USD Million, 2018-2030)
- Battery Electric Vehicles (BEV)
- lug-in Hybrid Electric Vehicles (PHEV)
- Global Automotive Wiring Harness Vehicle Type Outlook (Revenue, USD Million, 2018-2030)
- Light Vehicle
- Heavy Vehicle
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Our clientele includes a mix of automotive wiring harness market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global automotive wiring harness market , including forecasts for subscribers. This global databook contains high-level insights into Global automotive wiring harness market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global automotive wiring harness market size, by regions, 2018-2030 (US$M)
Top 10 countries: Automotive wiring harness market size, 2023 (US$M)
Global automotive wiring harness market share, by component, 2023 & 2030 (%, US$M)
Automotive wiring harness market: Opportunity assessment by country
Global automotive wiring harness market, by region, 2023 (US$M)
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