North America Wire Harness Market Size and Forecast (2020-2030)
North America Wire Harness Market Size and Forecast (2020-2030), Regional Share, Trends, and Growth Opportunity Analysis Coverage: by Product Type (Wire Harness Connector, Wire Harness Terminal, and Others), Material (PVC, Vinyl, Thermoplastic Elastomer, Polyurethane, and Polyethylene), End User (Automotive, Marine, Aerospace and Defense, Consumer Durables, Medical, Agriculture, Industrial, and Others), and Country
$2,100 – $3,500
- Description
- Toplines
- Reasons for Buying
- Table of Contents
- List of Tables
- LIst of Figures
- List of Companies
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Description
Wire harnesses reduce clutter, simplify usage, improve safety, and reduce installation time. Technological advancements in food & beverages and agricultural equipment have increased the demand for wire harnesses. In food & beverages, appliances such as microwave, vending machine and brewing machine consumption is increasing rapidly in residential and commercial sectors, Due to this, companies are producing more appliances for the food & beverages industry, and it is subsequently increasing the demand for wire harness. Further, HELUKABLE, Powersonic, are among the prominent players offering wire harnesses for the food & beverages industry in North America. Additionally, wire harnessing is highly used in agricultural equipment such as tractors harvesters, combines and irrigation systems in North America. Companies such as Environmental Tillage Systems, RCMR Inc., Osborne, and GVM Incorporated in North America provide wire harnessing in this equipment. In harvester tractors, water pumps, disc harrow, and various other agricultural equipment, wire harnesses are designed in a way that these bundles can perform extremely well under harsh conditions and can also carry heavy power loads. They also play a key role in improving fuel efficiency and resisting high heat and electromagnetic noise. Thus, the advantages will subsequently translate into lucrative growth opportunities for the North America wire harness market.
The North America wire harness market has been segmented into wire harness connector, wire harness terminal, and other based on the component. North America wire harness market by component has been led by the others segment which includes wire and cables, outer covering, and locks. The increasing consumption wire and cables in the automotive, aerospace & defense, industrial machinery & robotics has bolstered the segment growth. However, the increasing use of terminal for the easy connectivity is expected accelerate the segment growth with highest CAGR in the coming years in the North America wire harness market.
Vinyl is a strong, durable, wear-resistant, and moisture-resistant material that can resist rust and corrosion. Vinyl does not conduct electricity and has particularly good flame-retardant properties. Vinyl harness is mainly used in elevated temperature environments, mainly suitable for automotive and aerospace applications. Several companies in the North America wire harness market offer a full line of vinyl tape harnesses. NITTO DENKO CORPORATION, for instance, offers vinyl tape to secure and wrap wire harnesses distributed in automobiles. The tape is 0.07mm thick and super light, which allows it to be used in light weight modules. Therefore, such modules and innovations are likely to support the segmental growth over the forecast period.
Wiring harnesses in the automotive industry are used in motorcycles, three-wheeled vehicles, cars, utility vehicles, and commercial vehicles. Wire harnesses are designed according to the electrical and geometric requirements of the vehicle and are incorporated into the vehicle body, engine, and chassis. Body wire harnesses are built into dashboards, door locks, power windows, and internal power components. Engine wire harness built into speed sensor, lock system, cruise control system and fuel injection system. Chassis wiring includes front, rear, and main wire harnesses. Several manufacturers around the world offer a comprehensive range of automotive wire harnesses. The automotive segment is sub segmented into two-wheelers, construction vehicles, passenger cars, and commercial vehicles.
Fujikura Ltd.; Furukawa Electric Co. Ltd.; Lear; LEONI; Motherson Group; Nexans; Sumitomo Electric Industries, Ltd; THB Group; Yazaki Corporation; Yura Corporation are among the key North America wire harness market players operating in the North America wire harness market. Various other North America wire harness market players have been analyzed during the study that are coming up with advanced technologies and offerings to contribute to the North America wire harness market proliferation.
In North America wire harness market various wires are used in two-wheelers or motorcycles to confer their full functionality. A wire harness fits into a perfectly arranged bundle and helps maintain a proper power supply. Wires in motorcycles are harnessed to prevent short circuits since all types of wires are measured, cut, and crimped to put together in a bundle. As motorcycles lack much bodywork, they are subjected to high levels of vibrations, which can cause wear and tear to the wires. To avoid this wear and tear, wires are harnessed into a single bundle, which helps them withstand vibrations and direct sunlight, thereby maintaining high efficiency throughout all seasons.
Summary Info
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Automobile manufacturers are implementing several technologies in their upcoming models to remain competitive in the north America wire harness market. Technologies such as automatic high beam control, self-driving, cruise control, and automatic lift gates are highly adopted by automobile companies as buyers are largely lured by attractive specifications, design, quality, and features. Some of the technologically advanced vehicles have ~40 wire harnesses comprising 3,000 wires and around 700 connectors. Wire harnesses are one of the most important components of a vehicle’s electrical system. Up to 5 km of cables are bundled in an average car. In modern vehicles, most components, such as engine, air conditioning, instrumentation, audio speakers, lights, and batteries, are connected through front, rear, and roof wire harnesses. Owing to the increasing technological advancements, the demand for wire harnesses is growing in the automobile industry. This increase in demand compels north America wire harness market players to launch news and update products consistently. These additional technology integrations in the vehicles increase the demand for wire harnesses for better connectivity. In July 2022, Toyota launched a teaser of its new connected car technology, Toyota I-Connect. Moreover, customers are moving toward electric vehicles (EV), which is also a driving factor for the North America wire harness market. Additionally, in May 2022, Pacific Gas and Electric Company (PG&E) announced its strategy to produce three pilot programs to check whether bidirectional EVs and their chargers can give power to the electric grid and related benefits to the customers. Such factors are propelling the North America wire harness market growth.
Fujikura Ltd.; Furukawa Electric Co. Ltd.; Lear; LEONI; Motherson Group; Nexans; Sumitomo Electric Industries, Ltd; THB Group; Yazaki Corporation; and Yura Corporation are the key North America wire harness market players profiled in this research study. These players operating in the North America wire harness market adopt organic growth strategies, such as product launches and expansions, to sustain their position in the North America wire harness market.
North America Wire Harness Market Revenue and Forecast to 2030 (US$ Million)
Wire harness (also known as cable harness) are used to transmit electrical power and signals in industries such as automobile, food & beverage, agriculture, and electronics. The North America wire harness market players are compelled to follow stringent regulations and standards. One such standard is IPC/WHMA-A-620 Revision D, introduced by IPC and Wiring Harness Manufacturer’s Association (WHMA), for the acceptance and requirements of wire harness assemblies. Further, the North America wire harness market growth is driven by the support of various North American governments in several industries. Based on material, the North America wire harness market is segmented into PVC, vinyl, thermoplastic elastomer, polyurethane, and polyethylene. Wire harnesses manufactured using these materials can withstand varied environmental conditions, thus end users purchase wire harnesses as per the need. For instance, a wire harness made of polyethylene is suitable for use in moist environments, as polyethylene can resist moisture.
Wire harness connectors and clamps are the essential components found in wire harnesses. These connectors are electromechanical devices used to form a continuous electronic signal for connecting a wire harness to a power supply or circuit. As these connectors need to perform several functions under different conditions, their designs vary based on their range of applications, from household appliances to power aerospace, medical devices, and military hardware. Several companies in the market are offering a comprehensive range of connectors to different industries. For instance, Waytek, Inc. offers a comprehensive line of connectors, from sealed automotive electrical connectors, circular connectors, Deutsch DT compatible connectors to drip-proof mini connectors. Thus, owing to the wide application of these connectors coupled with a vast number of suppliers, the segment is anticipated to propel over the forecast period.
Wire harness terminals are components where wires terminate or connect to other components. Similar to harness connectors, the type of terminal required depends on the intended application and insulation requirements. Non-insulated terminals are a more cost-effective option when protection from temperature, humidity, or environmental conditions is not required, while insulated terminals are more suitable for rough environments. Furthermore, quick-disconnect terminals and spade terminals are the most common types of terminals employed in the rapid disconnect in automotive, industrial, and healthcare applications. Therefore, the growing automotive industry across the world, coupled with the increasing integration of medical devices in the healthcare sector, is anticipated to push the segment forward during the forecast period.
o Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the North America wire harness market.
o Highlights key business priorities in order to assist companies to realign their business strategies
o The key findings and recommendations such as specific country and segmental insight highlights crucial progressive industry trends in the North America wire harness market, thereby allowing players across the value chain to develop effective long-term strategies
o Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
o Scrutinize in-depth market trends and outlook coupled with the factors driving the market, as well as those hindering it
o Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
TABLE OF CONTENTS
1. Introduction
1.1 Study Scope
1.2 The Research Team Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Wire Harness Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Wire Harness Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Technological Innovations in Automobiles
5.1.2 Increasing Wire and Cable Consumption
5.2 Market Restraints
5.2.1 Corrosion Susceptible
5.3 Market Opportunities
5.3.1 Technological Advancements in Food & Beverages and Agriculture
5.4 Future Trends
5.4.1 Increasing Usage of Lightweight Wire Harness
5.5 Impact Analysis of Drivers and Restraints
6. Wire Harness Market – North America Market Analysis
6.1 North America Wire Harness Market Overview
6.2 North America Wire Harness Market Revenue Forecast and Analysis
7. North America Wire Harness Market Analysis – By Component
7.1 Overview
7.2 North America Wire Harness Market, By Component (2022 and 2030)
7.3 Wire Harness Connector
7.3.1 Overview
7.3.2 Wire Harness Connector: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
7.4 Wire Harness Terminal
7.4.1 Overview
7.4.2 Wire Harness Terminal: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
8. North America Wire Harness Market Analysis – By Material
8.1 Overview
8.2 North America Wire Harness Market, By Material (2022 and 2030)
8.3 PVC
8.3.1 Overview
8.3.2 PVC: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
8.4 Vinyl
8.4.1 Overview
8.4.2 Vinyl: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
8.5 Thermoplastic Elastomer
8.5.1 Overview
8.5.2 Thermoplastic Elastomer: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
8.6 Polyurethane
8.6.1 Overview
8.6.2 Polyurethane: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
8.7 Polyethylene
8.7.1 Overview
8.7.2 Polyethylene: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9. North America Wire Harness Market Analysis – By End User
9.1 Overview
9.2 North America Wire Harness Market, By End User (2022 and 2030)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.3.2.1 Two-Wheelers
9.3.2.2 Two-Wheelers: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.3.2.3 Construction Vehicles
9.3.2.4 Construction Vehicles: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.3.2.5 Passenger Cars
9.3.2.6 Passenger Cars: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.3.2.7 Commercial Vehicles
9.3.2.8 Commercial Vehicles: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.4 Marine
9.4.1 Overview
9.4.2 Marine: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.5 Aerospace & Defense
9.5.1 Overview
9.5.2 Aerospace & Defense: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.6 Consumer Durables
9.6.1 Overview
9.6.2 Consumer Durables: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.7 Medical
9.7.1 Overview
9.7.2 Medical: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.8 Agriculture
9.8.1 Overview
9.8.2 Agriculture: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.9 Industrial
9.9.1 Overview
9.9.2 Industrial: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
9.10 Others
9.10.1 Overview
9.10.2 Others: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
10. North America Wire Harness Market – Country Analysis
10.1 Overview
10.1.1 North America Wire Harness Market- by Key Country
10.1.1.1 US: Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.1.1 US: Wire Harness Market- by Component
10.1.1.1.2 US: Wire Harness Market- By Material
10.1.1.1.3 US: Wire Harness Market- By End User
10.1.1.1.4 US: Wire Harness Market- By Automotive
10.1.1.2 Canada: Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.2.1 Canada: Wire Harness Market- by Component
10.1.1.2.2 Canada: Wire Harness Market- By Material
10.1.1.2.3 Canada: Wire Harness Market- By End User
10.1.1.2.4 Canada: Wire Harness Market- By Automotive
10.1.1.3 Mexico: Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
10.1.1.3.1 Mexico: Wire Harness Market- by Component
10.1.1.3.2 Mexico: Wire Harness Market- By Material
10.1.1.3.3 Mexico: Wire Harness Market- By End User
10.1.1.3.4 Mexico: Wire Harness Market- By Automotive
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Company Profile
12.1 DRÄXLMAIER Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Fujikura Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Lear Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sumitomo Electric Industries, Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 LEONI AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Yazaki Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 FURUKAWA ELECTRIC CO., LTD.
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Motherson Sumi Systems Ltd.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Kato Cable
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 YURA Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
12.11 Electrical Components International Inc
12.11.1 Key Facts
12.11.2 Business Description
12.11.3 Products and Services
12.11.4 Financial Overview
12.11.5 SWOT Analysis
12.11.6 Key Developments
12.12 PARK Manufacturing Corp
12.12.1 Key Facts
12.12.2 Business Description
12.12.3 Products and Services
12.12.4 Financial Overview
12.12.5 SWOT Analysis
12.12.6 Key Developments
12.13 KSM Electronics Inc
12.13.1 Key Facts
12.13.2 Business Description
12.13.3 Products and Services
12.13.4 Financial Overview
12.13.5 SWOT Analysis
12.13.6 Key Developments
12.14 Electrex Inc
12.14.1 Key Facts
12.14.2 Business Description
12.14.3 Products and Services
12.14.4 Financial Overview
12.14.5 SWOT Analysis
12.14.6 Key Developments
13. Appendix
13.1 About Research Team
13.2 Word Index
LIST OF TABLES
Table 1. North America Wire Harness Market Revenue and Forecast to 2030 (US$ Million)
Table 2. US: Wire Harness Market- by Component –Revenue and Forecast to 2030 (US$ Million)
Table 3. US: Wire Harness Market- By Material –Revenue and Forecast to 2030 (US$ Million)
Table 4. US: Wire Harness Market- By End User –Revenue and Forecast to 2030 (US$ Million)
Table 5. US: Wire Harness Market- By Automotive –Revenue and Forecast to 2030 (US$ Million)
Table 6. Canada: Wire Harness Market- by Component –Revenue and Forecast to 2030 (US$ Million)
Table 7. Canada: Wire Harness Market- By Material –Revenue and Forecast to 2030 (US$ Million)
Table 8. Canada: Wire Harness Market- By End User –Revenue and Forecast to 2030 (US$ Million)
Table 9. Canada: Wire Harness Market- By Automotive –Revenue and Forecast to 2030 (US$ Million)
Table 10. Mexico: Wire Harness Market- by Component –Revenue and Forecast to 2030 (US$ Million)
Table 11. Mexico: Wire Harness Market- By Material –Revenue and Forecast to 2030 (US$ Million)
Table 12. Mexico: Wire Harness Market- By End User –Revenue and Forecast to 2030 (US$ Million)
Table 13. Mexico: Wire Harness Market- By Automotive –Revenue and Forecast to 2030 (US$ Million)
Table 14. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Wire Harness Market Segmentation
Figure 2. North America Wire Harness Market Segmentation – By Country
Figure 3. North America Wire Harness Market Overview
Figure 4. North America Wire Harness Market, by Component
Figure 5. North America Wire Harness Market, by Material
Figure 6. North America Wire Harness Market, by Country
Figure 7. North America – PEST Analysis
Figure 8. North America Wire Harness Market- Ecosystem Analysis
Figure 9. North America Wire Harness Market Impact Analysis of Drivers and Restraints
Figure 10. North America Wire Harness Market Revenue Forecast and Analysis (US$ Million)
Figure 11. North America Wire Harness Market Revenue Share, by Component (2022 and 2030)
Figure 12. Wire Harness Connector: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 13. Wire Harness Terminal: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 14. Others: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 15. North America Wire Harness Market Revenue Share, By Material (2022 and 2030)
Figure 16. PVC: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 17. Vinyl: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 18. Thermoplastic Elastomer: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 19. Polyurethane: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 20. Polyethylene: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 21. North America Wire Harness Market Revenue Share, by End User (2022 and 2030)
Figure 22. Automotive: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 23. Two-Wheelers: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 24. Construction Vehicles: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 25. Passenger Cars: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 26. Commercial Vehicles: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 27. Marine: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 28. Aerospace & Defense: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 29. Consumer Durables: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 30. Medical: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 31. Agriculture: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 32. Industrial: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 33. Others: North America Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 34. North America Wire Harness Market, by Key Country – Revenue (2022) (US$ Million)
Figure 35. North America Wire Harness Market Revenue Share, by Key Country (2022 and 2030)
Figure 36. US: Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 37. Canada: Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
Figure 38. Mexico: Wire Harness Market – Revenue and Forecast to 2030 (US$ Million)
The List of Companies – North America Wire Harness Market
o DRÄXLMAIER Group
o Fujikura Ltd.
o Lear Corporation
o Sumitomo Electric Industries, Ltd.
o LEONI AG
o Yazaki Corporation
o FURUKAWA ELECTRIC CO., LTD.
o Motherson Sumi Systems Ltd.
o Kato Cable
o YURA Corporation
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