IMARC Group, a leading market research company, has recently releases report titled, “ India Automotive Wiring Harness Market : Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028 “, The study provides a detailed analysis of the industry, including the market share, size, trends, and growth forecasts. The report also includes competitor and regional analysis and highlights the latest advances in the market. Report Highlights
How big is the India automotive wiring harness market?
| Report Attributes | Details |
| Market Size in 2022 | US$ 1.6 Billion |
| Market Forecast in 2028 | US$ 2.1 Billion |
| Growth rate (2023 to 2028) | CAGR of 4.9% |
| Base Year of the Analysis | 2022 |
| Forecast Period | 2023-2028 |
What is automotive wiring harness?
An automotive wiring harness represents the assembly of connectors, electric wires, and terminals that dispatch power and information throughout the vehicle. It also acts as a security casing that assists in preventing fires caused by short circuits. Automotive wiring harnesses can be categorized into various kinds, such as general, heat resistant, tubed, and shielded. They connect several automobile components and carry energy to power windows, start the engine, and operate the navigation system, lights, and meters. In addition, the elements in automotive wiring harnesses are designed to ensure reliable energy transmission and work efficiently under vibration, moisture, high temperatures, and noise. As a result, they are extensively utilized to harness the wiring of the chassis, body, engine, heating, Request Free Sample Report (Exclusive Offer on this report): https://www.imarcgroup.com/india-automotive-wiring-harness-market/requestsampleWhat are the growth prospects and trends in the India automotive wiring harness industry?
The escalating demand for electric vehicles (EVs) in individuals, on account of the rising environmental concerns, inflating disposable incomes, and the elevating fuel prices, is among the primary factors fueling the India automotive wiring harness market. Besides this, the increasing integration of the internet of things (IoT) and artificial intelligence (AI) in automobiles is further augmenting the market growth. Moreover, the growing popularity of automotive wiring harness, as it offers highly secure connections, enhances the fuel efficiency of the vehicle, provides blind-spot detection, and automated control systems is also catalyzing the market across India. Apart from this, the introduction of various technologically advanced car features, such as tire pressure monitoring systems, automatic speed limits, adaptive front lights, emergency braking, etc., is expected to bolster the India automotive wiring market in the coming years.What is included in market segmentation?
The report has segmented the market into the following categories: Breakup by Application:- Body Wiring Harness
- Engine Wiring Harness
- Chassis Wiring Harness
- HVAC Wiring Harness
- Sensors Wiring Harness
- Others
- Copper
- Aluminum
- Others
- Data Transmission
- Electrical Wiring
- Two Wheelers
- Passenger Cars
- Commercial Vehicles
- General Wires
- Heat Resistant Wires
- Shielded Wires
- Tubed Wires
- Connectors
- Wires
- Terminals
- Others
- North India
- West and Central India
- South India
- East India
- The competitive landscape of the industry has also been examined along with the profiles of the key players.