The automotive wiring harness markets are expanding as a result of large-scale car production, an increase in the number of vehicles on the road, an increase in the number of manufacturers creating new cars on a daily basis, a rising demand for more advanced automotive systems in new and used cars, and an increase in fuel prices affecting the industry.
The Global Automotive Wiring Harness Market was accounted for US$ 44.83 Bn in terms of value in 2019 and is expected to grow at a CAGR of 4.70% for the period 2021-2028.
A wire harness in a car is an electrical assembly of numerous components that sends power and information to a single system. It is responsible for communicating information about the vehicle's operation, delivering and receiving sensor signals, and supplying power. Speed sensors, heating, ventilation, and air conditioning (HVAC) systems, electrical devices, and other electronic components are assembled. The wires are first cut to the correct length in the automobile wiring harness sector, typically using a specific wire-cutting equipment. The wires can alternatively be printed on using a specific machine during the cutting process or a separate machine. After that, the wire ends are stripped to expose the metal (or core), which is then attached to the appropriate terminals or connector housings. The cables are assembled and clamped together on a special workbench or onto a pin board (assembly board), according to the design specification, to form the cable harness.
The fast growth of the automobile sector, as a result of different technologically advanced features introduced in automobiles, drives the automotive wire harness market. Car manufacturers compete fiercely to build vehicles with numerous safety features and electronic gadgets. Unlike traditional wiring methods, automobile wire harnesses allow secure and dependable connections to such devices. Furthermore, adopting such wire harness systems enhances the vehicle's fuel efficiency and conforms with continuous regulatory rules for fuel usage and emissions. These benefits of automobile wire harness are propelling market growth. However, overheating or short circuit of the wiring harness in regions with extreme climatic conditions, such as rain and snow results in high cost of replacement of the entire, which are restraining the market growth. The increase in use of safety sensors, such as blind spot detection and automated steering control systems, provides numerous opportunities for market expansion.
No comments:
Post a Comment