The automotive wiring harness market size is projected to reach US$ 76.15 billion by 2031 from US$ 51.98 billion in 2022. The market is expected to register a CAGR of 4.9% in 2023-2031. The Automotive Wiring Harness market is driven by increased automotive sales and production with increasing disposable income of the people. According to the International Organization of Motor Vehicle Manufacturers, automotive sales increased to 92.72 million in 2023 increased by 11.8% compared to 2022. Such growth in automotive sales has created a massive demand for automotive wiring harness products across the globe.
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Market leaders and key company profiles
Yazaki Corporation
Sumitomo Electric Industries
Aptiv PLC
Furukawa Electric
Leoni AG
Lear Corporation, Coroplast Fritz Müller GmbH & Co.
Jiangsu Kyungshin Electronic Co. Ltd.
THB Group
Nexans
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