DUBLIN–(BUSINESS WIRE)–The “India Automotive Wiring Harness Market By Vehicle Type (Passenger Cars, Commercial Vehicles), By Component Type (Automotive Wires, Automotive Terminals, Automotive Connectors), By Material Type, By Application, By Region, Forecast & Opportunities, 2025” report has been added to ResearchAndMarkets.com’s offering.
The Indian Automotive Wiring Harness Market is expected to grow at a formidable growth rate until 2025 owing to factors like various technological advancements leading to rapid growth of the automobile industry and favorable economic structure in the country.
India is a lucrative market for automotive wiring harness market manufacturing companies as the government has introduced 100% foreign equity investment for automobile sector. Additionally, number of new registrations per year is increasing throughout other emerging markets, especially in South-East India, which is serving as a positive growth environment for automotive wiring harness manufacturing companies.
Car manufacturing companies compete to design cars with many safety features and electronic gadgets. They opt for automotive wiring harness as it increases the fuel efficiency of the vehicle and meets with the ongoing government regulations for fuel usage and emissions.
The Indian Automotive Wiring Harness Market is segmented based on vehicle type, component type, material type, application and region. Based on vehicle type, the Indian Automotive Wiring Harness Market is segmented into passenger cars and commercial vehicles. In 2019, passenger car segment held the largest market share and is anticipated to dominate the market during the forecast period owing to high volume of production of commercial vehicles due to the increasing demand from the massive consumer base in India.
Based on component type, the Indian Automotive Wiring Harness Market is segmented into automotive wires, automotive terminals and automotive connectors. Among them, the automotive connectors segment is forecast to lead the market over the coming years as their use has increased in the electrification of the powertrain system in a vehicle.
Major players operating in the Indian Automotive Wiring Harness Market include Delphi Automotive LLP, Furukawa Electric Engineering India Pvt. Ltd., Yura Corporation, Nexans Autoelectric, Sumitomo Electric Industries, Ltd., Samvardhana Motherson Group, Yazaki Corporation, Lear Corporation, THB Group, SPARK MINDA, among others. The increase in use of safety sensors, such as blind spot detection and automated steering control systems, thereby providing numerous growth opportunities for manufacturers.
Years considered for this report:
Key Topics Covered:
1. Product Overview
2. Research Methodology
3. Impact of COVID-19 on India Automotive Wiring Harness Market
4. Executive Summary
5. Voice of Customer
6. India Automotive Wiring Harness Market Outlook
6.1. Market Size & Forecast
6.1.1. By Value
6.1.2. By Volume
6.2. Market Share & Forecast
6.2.1. By Vehicle Type (Passenger Cars, Commercial Vehicles)
6.2.2. By Component Type (Automotive Wires, Automotive Terminals, Automotive Connectors)
6.2.3. By Material Type (Optical Wiring, Copper, Aluminum, Others)
6.2.4. By Application (Chassis Harness, Engine Harness, Body Harness, Speed Sensors Harness, Others)
6.2.5. By Region
6.2.6. By Company (2019)
6.3. Market Attractiveness Index
7. India Passenger Car Automotive Wiring Harness Market Outlook
7.1. Market Size & Forecast
7.1.1. By Value
7.1.2. By Volume
7.2. Market Share & Forecast
7.2.1. By Vehicle Type
7.2.2. By Component
7.2.3. By Application
8. India Commercial Vehicle Automotive Wiring Harness Market Outlook
9. Market Dynamics
9.1. Drivers
9.2. Challenges
10. Pricing Analysis
11. Market Trends & Development
12. Policy & Regulatory Landscape
13. India Economic Profile
14. Competitive Landscape
14.1. Delphi Automotive LLP
14.2. Furukawa Electric Engineering India Pvt. Ltd.
14.3. Yura Corporation
14.4. Nexans Autoelectric
14.5. Sumitomo Electric Industries, Ltd.
14.6. Samvardhana Motherson Group
14.7. Yazaki Corporation
14.8. Lear Corporation
14.9. THB Group
14.10. SPARK MINDA
15. Strategic Recommendations
For more information about this report visit https://www.researchandmarkets.com/r/4yyby0
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