Automotive Wiring Harness Market in the Asia Pacific to Grow at a CAGR of 9.51% Till 2019, Finds New Report

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Lewes, DE -- (SBWire) -- 01/13/2015 --Report forecasts the Automotive Wiring Harness market in the APAC region to grow at a CAGR of 9.51 percent over the period 2014-2019.

An automotive wiring harness, usually the last component to be finalized on a vehicle prototype, is an assemblage of cables or wires used in automobiles to transfer signals or electric power. It is also known as a wiring loom for automobiles. Electric wires are tied together with the help of different components such as cable ties, electrical tape, conduits, or a combination of these to form the complete wiring assembly. An automotive wiring harness safeguards the wires against the impact of vibrations than individual electric wires in automobiles. In addition, it is better secured from abrasions and moisture. The number of components to be connected in an automobile is increasing, hence, complicating the design of the automotive wiring harness. Companies have developed design software and CAD tools to design automotive wiring harnesses.

Coverage of this report:

This report covers the present scenario and the growth prospects of the Automotive Wiring Harness market in the APAC region for the period 2015-2019. The report includes the entire range of automotive wiring harnesses available in the market. An automotive wiring harness consists of six components such as electric wire, protector, terminal, grommet, tape, and clamp. Electric wire can be of various types such as general wire, heat-resistant wire, shielded wire, halogen-free electric wire, and others.

Inquire about this report: Automotive Wiring Harness Market in the APAC Region 2015-2019

To calculate the market size, the report considers revenue generated through the sales of automotive wiring harnesses across the APAC region. It analyzes the sales of automotive wiring harnesses to OEMs and the aftermarket. It also presents the vendor landscape and a corresponding detailed analysis of the top six vendors in the market. In addition, the report discusses the major drivers that influence the growth of the Automotive Wiring Harness market in the APAC region. The report also outlines the challenges faced by vendors and the market at large, and identifies the key trends that are emerging in the market.

TechNavio's report, the Automotive Wiring Harness Market in the APAC region 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the APAC region; it also covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- APAC

Key Vendors

- Delphi Automotive
- Furukawa Electric
- Lear
- Leoni
- Sumitomo Electric Industries
- Yazaki

Other Prominent Vendors

- CTI Industries
- Electrical Components International
- Fujikura Zhuhai
- Gold Peak Industries
- GP Auto Parts
- Motherson Sumi Systems
- PKC
- Prestolite Wire

Market Driver

- Growing Demand from China and India
- For a full, detailed list, view our report

Market Challenge

- Complexity in Wiring Harness Design
- For a full, detailed list, view our report

Market Trend

- Outsourcing of Manufacturing Services from Low-cost Countries
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Inquire about this report: Automotive Wiring Harness Market in the APAC Region 2015-2019

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Amitava Sen
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Market Research Reports, Inc
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http://www.marketresearchreports.com/technavio/automotive-wiring-harness-market-apac-region-2015-2019

View this press release online at: http://rwire.com/574179