This segment is expected to lose its market share to the HVAC segment, which is projected to expand at a significant CAGR of 10., Ltd. Furthermore, rise in demand for high-end electronics and safety features in vehicles, particularly passenger cars, along with cost reduction and enhanced reliability is leading to increase in global demand for automotive wiring harnesses. These automotive Ethernets minimise the use of complex wiring harness structures to a great extent and, thereby, may act as a restraint for growth of the global automotive wiring harness market in the coming years.Automotive Wiring Harness Market SegmentationRegion-wise, APEJ (Asia Pacific Excluding Japan) dominated the global automotive wiring harness market in 2014, accounting for 38.

The Japan automotive wiring harness market is expected to register a sluggish CAGR of 4.futuremarketinsights.3% value share of the overall market.Sumitomo electric Industries, Ltd. According to the report, the global automotive wiring harness market was valued at US$ 36. Growing demand for connectivity and car digitisation, which not only helps establish connectivity within the integral parts of a vehicle but also enables communication with other vehicles through improved and intelligent roadway infrastructure, is an emerging trend in the market.7% throughout the forecast period.com/reports/global-automotive-wiring-harness-marketAutomotive Wiring Harness Market TrendsUse of automotive Ethernet by automotive OEMs represents a new trend in the external as well as internal electronics devices connectivity in an automobile.Consistent growth in the parent industry is expected to fuel demand for automotive wiring harness in the near future.futuremarketinsights.Japan is currently witnessing moderate growth in demand for e-bikes, and the trend is expected to continue during the forecast period as well.

Furthermore, HVAC manufacturers are designing new eco-friendly devices in order to follow the environment standards along with introducing new innovating designs.1% during the forecast period., Samvardhana Motherson Group (SMG), Delphi Automotive PLC, Fujikura Ltd. and PKC Group PLC.China Engine valve lifters for sale Future Market Insights has announced the addition of the “Automotive Wiring Harness Market: Global Industry Analysis and Opportunity Assessment 2015-2025" report to their offering.Automotive Wiring Harness Market: Key CompaniesKey market players covered in the report include YAZAKI Corporation, Aisin Seiki Co., Lear Corporation, LEONI AG, Furukawa Electric Co. Growth of the connected car market has resulted in rise in demand for multiple electronic devices in vehicles in North America and Western Europe.com/reports/sample/rep-gb-37North America and Western Europe are expected to register high Y-o-Y growth during the forecast period, owing to increasing demand for e-vehicles and e-bikes in these regions.82 Bn in 2014 and is anticipated to reach US$ 91.

Rise in technological developments is expected to create favourable growth opportunities in the market in the near future.4% during the forecast period and is expected to maintain its revenue share dominance till 2025 end. In terms of revenue, the hybrid vehicles and electric vehicles segments are expected to register significant CAGR between 2015 and 2025, in view of the stringent government regulations and growing fuel prices globally. Rise in automotive production and sustained economic growth are some of the factors driving the APEJ automotive wiring harness market currently. Furthermore, APEJ is foreseen to expand at a relatively high CAGR of 10.0% during the forecast period, due to the matured automotive industry in the country.On the basis of vehicle type, the passenger vehicles segment dominated the global automotive wiring harness market in 2014 in terms of revenue, and is foreseen to expand at a CAGR of 8.