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Global Cable Harnesses Industry Report: Country Overview; Recent Events; Value Chain Analysis; Production Process; Price Analysis; Indicator Analysis; Market Dynamics: Drivers & Constraints, Innovations & Trends, SWOT Analysis, Porter’s Five Forces; Industry Best Practices: Sourcing Strategy, Procurement Model, Key Factors Influencing the Quotation; Key Supplier Analysis, 2022-2027

Cable Harnesses Industry Report by Regional Category Spend, Price Analysis, Key Demand, and Price Indicators, and Best Buying Practices


The global Cable Harnesses market reached a value of about USD 136.5 billion in 2021. The industry is projected to grow at a CAGR of around 5% in the forecast period of 2022-2027 to reach a value of about USD 182.9 billion by 2027.

The global Cable Harnesses industry report gives a comprehensive analysis of the industry, including key segments, trends, drivers, restraints, the competitive landscape, and other essential market aspects. The growing automotive industry is primarily leading the industry growth. The Asia Pacific is the highest category spender by region, driving the demand for the Cable Harnesses industry.

Industry Definition and Segmentation

A cable harness or a wire harness is a logical and well-organised arrangement of cables within an insulated material that transports messages or electricity. A durable material, such as rubber, vinyl, electrical tape, conduit, a weave of extruded thread, or a mix, is used to connect the wires. The Cable Harnesses industry report comprises segments by end-use (Automotive, Telecom & Datacom, Computer & Peripherals, Industrial, Military & Aerospace, Transportation, Consumer, Electronics, Medical, Business & Office, Instrumentation, and Others) and region (North America, Europe, Asia Pacific, the Middle East, and Africa, and South America).

The Asia Pacific Region is Driving the Growth of the Industry

The Asia Pacific holds a significant share in the industry due to the increased demand for automobiles because of the lifting of closures and restrictions. Furthermore, numerous governments throughout the world have made various steps to promote the use of electric cars, which is further boosting industry growth.

The market is being driven by the extensive application of the product in the automotive sector. The industry is driven by rising consumer demand for automobiles in North America, Europe, and China. The market's growth includes a rising emphasis on safety solutions, increased demand and usage of hybrid and electric cars, and increasing electrification of vehicles. In addition, an increase in global car sales, greater attention to road safety, and pollution reduction due to regulatory enforcement are likely to propel the industry. Furthermore, the increased need for connection and internet protocol in emerging and developed countries is expected to drive the telecom cable harness market forward, enhancing the industry's development. Also, the low-cost vending machine wiring harness is in high order in the food business. As a result, the market is developing due to the following factors.

However, as standards for wire management products are not unified, the industry is serviced by diverse compliance testing and certification benchmarks.

Best Procurement Practices

The global Cable Harnesses industry report by Procurement Resource gives an in-depth analysis of the best buying practices followed by major international Cable Harnesses regions, such as engagement models, contract terms, and buyer and supplier negotiation levers, among others.

Category Management Studies

The wires are first cut to the correct length using a specific wire-cutting machine. The cables can alternatively be printed on by a separate device or a particular machine during the cutting process. After that, the wires' ends are stripped to reveal the uninsulated conductor, and any appropriate terminals or connection housings are installed. To make the cable harness, the cables are joined and fastened together on a dedicated workstation or proper specifications onto a pinboard (assembly board) according to the design requirements.

Application of the Commodity in Various Goods, Furthering the Procurement of Cable Harnesses

The industry is being aided by applying the commodity to other goods. These harnesses are commonly found in heating/warming equipment, mixers, slicers, and similar appliances. They are employed in almost all end-use applications, including mechanical lifts, medical equipment and gadgets, and consumer electronics boosting the industry growth. Furthermore, Wire harness manufacturers are developing solutions that can adapt to a wide range of high and low-intensity applications in electronic medical equipment and instruments, furthering the industry growth. The advancements in the sector, such as new material advancements in wire harnesses and the introduction of wiring harness production employing 3D printing technology, will also influence market growth. Also, companies in the wire harness industry are expanding R&D in breakthrough bioscience technologies, which are likely to impact the market positively.

The regional markets for the industry can be divided into North America, South America, Europe, the Middle East and Africa, and the Asia Pacific.

Key Industry Players Mentioned in the Cable Harnesses Industry Report

  • Yazaki Corporation
  • Delphi Automotive PLC
  • Fujikura Ltd.
  • Sumitomo Electric Industries, Ltd.
  • Motherson Sumi Systems Limited

Market Landscape

The market concentration is regarded to be competitive at a medium level. Different wire harness manufacturers are well-known in various vehicle control systems. Major wire harness manufacturers are concentrating on producing high-quality wire harnesses to attract more clients. Many vendors in the industry are expanding their investments in capacity, marketing, and sales, strengthening distribution networks, and logistics and warehousing to increase their market position.

Key Initiatives by Companies

  • LEONI created two new cables for the Single Pair Ethernet (SPE) industrial data transmission standard in July 2020, which may be utilised in drag chain and torsion applications.
  • Hunan Tian Hai Electric Co. Ltd, a Tian Hai Group company, said in October 2020 that it has successfully negotiated a new arrangement with BAIC to produce wire harnesses for the BAIC C53 and C62 series vehicles, with an order value of CNY 57.8 million.

1.    Executive Summary
2.    Cable Harnesses Market Snapshot

    2.1.    Cable Harnesses Market Outlook
    2.2.    Cable Harnesses Industry Analysis by End-Use
        2.2.1.    Automotive
        2.2.2.    Telecom & Datacom
        2.2.3.    Computer & Peripherals
        2.2.4.    Industrial
        2.2.5.    Military & Aerospace
        2.2.6.    Transportation
        2.2.7.    Consumer
        2.2.8.    Electronics
        2.2.9.    Medical
        2.2.10.    Business & Office
        2.2.11.    Instrumentation
        2.2.12.    Others
    2.3.    Region Overview
        2.3.1.    North America
        2.3.2.    Europe
        2.3.3.    Asia Pacific
        2.3.4.    Latin America
        2.3.5.    Middle East and Africa
3.    Impact of Recent Events
4.    Cable Harnesses Value Chain Analysis
5.    Cable Harnesses Production Process
6.    Trade Analysis
7.    Major Risk Factors in Sourcing
8.    Cable Harnesses Cost Structure
9.    Cable Harnesses Price Analysis
10.    Key Demand Indicator Analysis
11.    Key Price Indicator Analysis
12.    Cable Harnesses Market Dynamics

    12.1.    Drivers & Constraints
    12.2.    Industry Events 
    12.3.    Innovations & Trends
    12.4.    Swot Analysis
    12.5.    Porter’s Five Forces
        12.5.1.    Buyer Power
        12.5.2.    Supplier Power
        12.5.3.    Threat of New Entrants
        12.5.4.    Threat of Substitutes
        12.5.5.    Industry Rivalry
13.    Feedstock Market Analysis
    13.1.    Market Overview
    13.2.    Price Analysis
14.    Industry Best Practices
    14.1.    Sourcing Strategy
    14.2.    Procurement Model
    14.3.    Contract Structure
    14.4.    Negotiation Levers
    14.5.    Pricing Model
    14.6.    Key Factors Influencing the Quotation 
15.    Key Supplier Analysis
    15.1.    Yazaki Corporation
    15.2.    Delphi Automotive PLC
    15.3.    Fujikura Ltd.
    15.4.    Sumitomo Electric Industries,Ltd.
    15.5.    Motherson Sumi Systems Limited

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Key Questions Answered in the Report

The global Cable Harnesses market size was valued at USD 136.5 billion in 2021.

As per the end-use provided, the Automotive segment is anticipated to lead the market between the period 2022 – 2027.

The significant demand for the product in various products is one of the essential drivers of the Cable Harnesses market growth.

Yazaki Corporation, Delphi Automotive PLC, Fujikura Ltd., Sumitomo Electric Industries, Ltd., and Motherson Sumi Systems Limited are some of the key players in the market.

The Asia Pacific region of the Cable Harnesses industry holds a significant share in the market.

Analyst Review

The global Cable Harnesses market attained a value of USD 136.5 billion in 2021, driven by the extensive application of the product in the automotive sector. In addition, an increase in global car sales, greater attention to road safety, and pollution reduction due to regulatory enforcement are likely to propel the industry. Aided by the application of the commodity in other goods, such as heating/warming equipment, mixers, slicers, and other similar appliances, the market is expected to witness further growth in the forecast period of 2022-2027, growing at a CAGR of 5%. The market is projected to reach USD 182.9 billion by 2027. Some of the leading players in the industry are Yazaki Corporation, Delphi Automotive PLC, Fujikura Ltd., Sumitomo Electric Industries, Ltd., and Motherson Sumi Systems Limited.

Procurement Resources' detailed research approach explores deep into the industry, encompassing the macro and micro aspects of the industry. Its team of experts uses a combination of cutting-edge analytical tools and their expertise, thus, delivering its customers with market insights that are accurate and actionable and help them remain ahead of their competition.

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