Automotive Wiring Harness Market Insights, 2019 - 2027

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Shubham Jamdade 13 september

Tech Innovation to Boost Growth in the Global Automotive Wiring Harness Market Through 2027 Automotive Wiring Harness Market: Introduction According to the report, the global automotive wiring harness market is projected to reach ~US$ 76 Bn by 2027, expanding at a CAGR of ~5% during the forecast period. Increasing GDP and technological advancements are major factors fueling the demand for automotive wiring harness market globally. The automotive wiring harness is undergoing an architectural revolution, owing to increase in incorporation of electronic components in vehicles, causing the weight of wiring in a car to reach nearly 150 pounds. Rising complexity of vehicles due to integration of advanced driver assistance features and automation is further boosting the use of wiring content per vehicle. This, in turn, is driving the automotive wiring harness market. Expansion of Automotive Wiring Harness Market Rapid expansion of the manufacturing industry, due to a surge in the demand from consumers, presence and expansion of vehicle manufacturers, increased adoption of advanced vehicle technologies due to increase in per capita income, and increase in vehicle electri몭cation and inclination toward minimal human efforts are boosting the automotive wiring harness market. Based on type, the dashboard/cabin harness segment leads in the automotive wiring harness market, owing to rising adoption of infotainment systems and displays on dashboards in vehicles. Heated seats and installment of systems including active health monitoring increases usage of wiring harness in seats of the vehicle, which in turn drives the seat harness segment of the market. Based on vehicle type, the passenger vehicle segment held a signi몭cant share of the global market for automotive wiring harness. Low maintenance and better fuel combustion are estimated to further boost the adoption of automotive wiring harness during the forecast period. Get PDF brochure for Industrial Insights and business Intelligence @ https://www.transparencymarketresearch.com/sample/sample.php... Regional Analysis of Automotive Wiring Harness Market In terms of region, the global automotive wiring harness market has been segregated into


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