2013 China Automotive Wiring Harness Industry: Global Size, Market Share, Trends, Analysis and Forecasts New Research Report Available at marketresearchreports.biz

ALBANY, New York, December 3, 2013 /PRNewswire/ --

New Report Added in Market-Research-Reports.Biz Database Global and China Automotive Wiring Harness Industry Report, 2013: Industry Size, Market Share, Trends, Analysis and Forecasts

http://www.marketresearchreports.biz/analysis-details/global-and-china-automotive-wiring-harness-industry-report-2013

  • The current situation of the global automotive market
  • The current situation of Chinese automotive market
  • Global and China automotive wiring harness industry
  • 18 major automotive wiring harness manufacturers

The global automotive wiring harness market value climb 2.3 percent to USD40.3 billion in 2013, and is expected to reach USD41 billion in 2014, up 1.6% over 2013. The slow growth is caused by many reasons. The market share of two major Japanese players of automotive wiring harness totals more than 50%, while Japanese Yen devaluates by 24% in 2013, resulting in a significant decline in the market value counted in the U.S. dollar. Also, due to the decline in copper prices as well as the continuous lawsuits against wiring harness price manipulating, manufacturers are forced to reduce prices to please customers.

After the United States fined several large automotive wiring harness companies who controlled prices, the European Union penalized four wiring harness suppliers (Yazaki, Yazaki's European subsidiary SY System Tech, Leoni and Furukawa Electric) with EUR142 million in July 2013. Yazaki suffered the most penalty of EUR125 million, followed by SY System Tech who paid EUR11.05 million, Furukawa Electric EUR4 million and Leoni EUR1.3 million. Sumitomo Electric was exempted from penalty because it reported Cartel monopoly to the European Union.

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In 2013, Furukawa Electric performs most actively in the investment in the field of automotive wiring harness. Furukawa Electric acquired Mitsubishi's automotive connector business in late 2011 to increase investment in the field. In March 2013, the factory of Furukawa Electric in the Philippines was put into operation officially. In May 2013, Furukawa Electric decided to expand its Philippine factory whose Phase II is expected to be put into operation in January 2014. At the end of 2014, Furukawa Electric is expected to gain annual sales of JPY12 billion. Meanwhile, it established a new automotive wiring harness plant in Mexico, which started construction in May 2013 and will go into operation in January 2014. In September 2013, the Shenzhen subsidiary set up Wuhan Furukawa Automotive Systems Co., Ltd. in Wuhan, with an investment of RMB100 million.

Table of Content

1 Global and Chinese Automotive Market

1.1 Global Automotive Market

1.2 Global Automotive Industry

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2 Chinese Automotive Market

2.1 Overview of Chinese Automotive Market

2.2 Status Quo of Chinese Automotive Market

2.2.1 Status Quo of Passenger Car Market

2.2.2 Commercial Vehicle Market

3 Automotive Wiring Harness Market

3.1 Global Automotive Wiring Harness Market

3.2 Chinese Automotive Wiring Harness Market

3.3 Global Automotive Wiring Harness Industry

4 Automotive Wiring Harness Manufacturers

4.1 Sumitomo Electric

4.1.1 Changchun SE Bordnetze

4.1.2 Tianjin Jin-Zhu Wiring Systems

4.1.3 Wuhan Sumiden Wiring Systems

4.1.4 Chongqing Jin-Zhu Wiring Systems

4.1.5 Fuzhou Zhu Wiring Systems

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Breathe Analyzers Market, by Technology

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