Last Updated: 11-06-2026 | Format: PDF | Report ID:22003 | Author: Ankita R
| Key Market Question | Answer |
|---|---|
| What is the market size in 2025? | $69,200 Million |
| What is the projected market size by 2035? | $105,670 Million |
| What is the market CAGR from 2025 to 2035? | 4.3% |
| Which region dominates the market? | Asia-Pacific (49%) |
| Which product/service type dominates the market? | Others (42%) |
| Which application leads the market? | Passenger Vehicles (41%) |
| Who are the major buyers? | OEM (61%), Aftermarket (18%) |
| What are the key market growth drivers? | Rising adoption of electric vehicles (EVs) - In 2025; Increasing implementation of advanced driver-assistance systems (ADAS) – Companies such as Aptiv PLC and Yazaki are responding to OEM needs for wiring harnesses capable of supporting sensors |
| What are the major market challenges? | Complexity in harness assembly in high-variant vehicle platforms – Yazaki and PKC Group are challenged to automate and streamline production of custom harnesses for diverse global OEM requirements; Increasing raw material costs |
| What is the forecast period? |
Study period:
2020-2035
Base year:
2026
Historical data
2020-2024
NO OF PAGE:
167
What You Get:
| 2026–2035 |
| Who are the key market players? | Yazaki Corporation, Sumitomo Electric Industries Ltd., Aptiv PLC, Leoni AG, Lear Corporation, Furukawa Electric Co. Ltd., Nexans Autoelectric, Samvardhana Motherson Group, PKC Group, Fujikura Ltd., Coroplast Group, DRÄXLMAIER Group, THB Group, LS Cable & System, Kromberg & Schubert |
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