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(Transportation-News.com, March 16, 2018 ) A wiring harness is a set of wires, terminals, and connectors, which runs throughout the system that they are incorporated into. It is mainly used to relay power and communication and is the major part for the connectivity of various devices in the system. Wiring harness minimizes the complexity in connecting devices, which is finding high adoption in the automotive industry owing to the increased incorporation of electronics.
Publisher's analysts forecast the global EVWHS market to grow at a CAGR of 45.86% during the period 2017-2021.
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One of the primary drivers for this market is the increase in the demand for electric vehicles (EV) sector. In EVs, the fraction of electronic components is significantly high in comparison to other vehicles in the automotive sector. This is largely due to electrified powertrain and advanced safety features. Consequently, the wiring harness used in EVs have also evolved in line with the requirement. For instance, earlier the wiring harness could only support a voltage of 12 V, which has now transformed into voltage handling capabilities of 600V and above.
Key vendors
- Delhi
- LEONI
- Sumitomo Electric Wiring Systems
- TE Connectivity
Other prominent vendors
- Aisin Seiki
- Coroplast
- Furukawa Electric
- Fujikura
- JST
- Korea Electric Terminal
- Lear
- PKC Group
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Market driver
- Adoption of automation to reduce manufacturing cost of automotive wiring harnesses
Market challenge
- Frequent change in market dynamics leading to short product life cycle
Market trend
- Increased adoption of safety features with use of DDM in EVs allowing simpler WHS
Fundamentals of Table of Content:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Global construction market
PART 06: Market drivers
PART 07: Market trends
PART 08: Global AEC market
PART 09: Market segmentation by product
PART 10: Geographical segmentation
PART 11: Market challenges
PART 12: Impact of drivers and challenges
PART 13: Five forces model
PART 14: Key vendor analysis
PART 15: Key vendor profiles
Complete report is available @ http://www.reportsweb.com/global-electric-vehicle-wiring-harness-system-market-2017-2021
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