DUBLIN, Dec 9, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Automotive Wiring Harness Market 2016-2020" report to their offering.
The report forecasts the global automotive wiring harness market to grow at a CAGR of 6% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global automotive wiring harness market for 2016-2020. To calculate the market size, the report presents the vendor landscape and a corresponding detailed analysis of the top five vendors in the market.
One of latest trends in the market is smart materials to shape the future of automotive wiring harnesses. The future of wiring harness is not the only confined to optical fibers but also involves the development of durable and lightweight materials such as carbon nanotubes (CNTs), which are 100 times stronger and one-sixth the weight of steel and possess excellent conductivity. Scientists have also developed a CNT fiber that can conduct electricity like metal, has the strength comparable to carbon fiber, and flexibility of a textile fiber. These fibers have heat and electrical conductivity on par with metals like copper, aluminum, and gold but strength much greater than metals. As a result, they can be used as a substitute for metals across many industries like aerospace, automotive and medical.
According to the report, one of the primary drivers in the market is automation to drive down the manufacturing cost of automotive wiring harnesses. Automating systems in manufacturing facilities will not only improve the quality of products, but it will also bring uniformity in the products. This will lead to improved customer relation and reduced cost of manufacturing owing to reduced labor cost and wastage. The need for automation is further influenced by increased demand for miniaturized wiring harnesses, which cannot be manufactured with acceptable quality using the manual manufacturing process.
- Delphi Automotive
- Sumitomo Electric Wiring Systems
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by vehicle type
Part 07: Market segmentation by application type
Part 08: Market segmentation by geography
Part 09: Market drivers
Part 10: Market challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/wp6wqw/global_automotive
Research and Markets
Laura Wood, Senior Manager
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/global-automotive-wiring-harness-market-growth-at-6-cagr-by-2020-with-lear-leoni--yazaki-dominating---research-and-markets-300375990.html
SOURCE Research and Markets