Technavio has been monitoring the wire harness market and it is poised to grow by $ 33.95 bn during 2020-2024, progressing at a CAGR of over 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global Wire Harness Market 2020-2024 (Graphic: Business Wire)
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Lear Corp., LEONI AG, Nexans SA, Sumitomo Electric Industries Ltd., Tianhai Auto Electronics Group Co. Ltd., Yazaki Corp., and Yura Corp. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increasing automotive sales has been instrumental in driving the growth of the market. However, the availability of counterfeit products might hamper the market growth.
Wire Harness Market 2020-2024 : Segmentation
Wire Harness Market is segmented as below:
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Wire Harness Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our wire harness market report covers the following areas:
Wire Harness Market size
Wire Harness Market trends
Wire Harness Market industry analysis
This study identifies investments in telecommunication infrastructure as one of the prime reasons driving the wire harness market growth during the next few years.
Wire Harness Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the wire harness market, including some of the vendors such as Aptiv Plc, Fujikura Ltd., Furukawa Electric Co. Ltd., Lear Corp., LEONI AG, Nexans SA, Sumitomo Electric Industries Ltd., Tianhai Auto Electronics Group Co. Ltd., Yazaki Corp., and Yura Corp. Backed with competitive intelligence and benchmarking, our research reports on the wire harness market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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Wire Harness Market 2020-2024 : Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist wire harness market growth during the next five years
Estimation of the wire harness market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the wire harness market
Analysis of the market’s competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of wire harness market vendors
Table Of Contents :
Value chain analysis
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market Segmentation by Application
Comparison by Application placement
Automotive - Market size and forecast 2019-2024
Telecom - Market size and forecast 2019-2024
Medical - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by Application
APAC - Market size and forecast 2019-2024
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Drivers, Challenges, and Trends
Volume driver - Demand led growth
Volume driver - Supply led growth
Volume driver - External factors
Volume driver - Demand shift in adjacent markets
Price driver - Inflation
Price driver - Shift from lower to higher priced units
Market positioning of vendors
Furukawa Electric Co. Ltd.
Sumitomo Electric Industries Ltd.
Tianhai Auto Electronics Group Co. Ltd.
Scope of the report
Currency conversion rates for US$
List of abbreviations
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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