Automotive Wire Industry - Detailed Analysis and Forecast by 2019

Wires and cables are indispensible components of the modern automotive industry. Wires and cables are used virtually in all applications in a vehicle. Engine, transmission, braking, lights, air conditioners, seat heaters and various dashboard applications such as speedometer and fuel meter, all require wires and cables to function.


Albany, NY -- (SBWIRE) -- 11/28/2016 -- This report covers forecast and analysis for the automotive wire and cable materials market on a global and regional level. The study provides historic data of 2012 along with forecast from 2013 to 2019 based on both volumes (kilo tons) and revenue (USD million). The study includes drivers and restraints for the automotive wire and cable materials market along with their impact on demand during the forecast period. Additionally, the report includes the study of opportunities available in the automotive wire and cable materials market on the global and regional level.

In order to provide the users of this report with a comprehensive view of this market, we have included a detailed value chain analysis listing market players. An analysis of Porter's Five Forces model has also been included to help understand the competitive landscape in the market. The study encompasses market attractiveness analysis, wherein application segments are benchmarked based on their market size, growth rate and general attractiveness.

The study provides a decisive view of the automotive wire and cable materials market by segmenting the market based on regions and applications. All the application segments have been analyzed based on present and future trends and the market has been estimated from 2013 to 2019. Regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific and Rest of the World (RoW). This segmentation includes demand for individual applications in all the regions.

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Market estimates for this study have been based on volumes, with revenues being derived through regional pricing trends. The price for commonly utilized grades of automotive wire and cable materials has been considered and customized product pricing has not been included. The market has been analyzed based on expected demand and the market data for each segment is based on demand volumes and corresponding revenues. Prices considered for calculation of revenue are average regional prices obtained through primary quotes from numerous regional suppliers, distributors and direct selling regional producers. We have considered prices of automotive wire and cable materials as per industry standard based on manufacturer feedback and application requirement. Market data is based on current information. Presence of a large number of domestic manufacturers in Asia Pacific may cause variation in forecast by a small margin. Forecasts have been based on expected demand from product segments, primarily PVC, XLPE, TPU, PPE and others. We have used the bottom-up approach to arrive at the global market considering individual product segments and integrating them to arrive at the global market. The product segments have been further bifurcated using the top-down approach to derive the regional product market consumption. The study covers automotive wire and cable manufacturers, as well as wiring harness manufacturers market taking into account the sales of registered companies in the market. We have not included unorganized sectors of the market due to lack of secondary or primary data on this segment. We have not considered inflation to estimate forecast for our market.

Several primary and secondary sources were consulted during the course of the study. Some of the secondary sources which were consulted were OICA, Infomine, The Plastic Exchange, and Polymers for Wire and Cable - Changes Within an Industry by Keith Cousins and Global Automotive Report 2013 among many others.

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The report covers a detailed competitive outlook including market shares and company profiles of key participants operating in the global market. Key players profiled in the report include Leoni AG, Coficab Tunisie SA, Yazaki Corporation, Draka Holding N.V., and Sumitomo Electric Industry.

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