Commercial Vehicle Wiring Harness Market Scope and Analysis by 2027
Commercial Vehicle Wiring Harness Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 13.45 Billion |
Market Size by 2031 | US$ 25.79 Billion |
Global CAGR (2023 - 2031) | 8.5% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Vehicle Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Commercial Vehicle Wiring Harness Market News and Recent Developments
The commercial vehicle wiring harness market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the commercial vehicle wiring harness market are listed below:
- Lear Corporation, one of the global automotive technology leaders in Seating and E-Systems, announced that it has acquired M&N Plastics, a privately owned, Michigan-based injection molding specialist and manufacturer of engineered plastic components for automotive electrical distribution applications.
(Source: Lear Corporation, Press Release, March 2024)
- Japanese company Sumitomo Electric Wiring Systems Inc. signed an initial agreement with Egypt's General Authority for Investment and Free Zones to establish the world's largest factory for electric vehicle wiring harnesses in Egypt. The factory will be set up in a free zone of the 10th of Ramadan City in an area of 150,000 square meters. The project involves investments of about US$ 100 million for exporting the products to global car manufacturers in Europe and the Middle East.
(Source: Sumitomo Electric Wiring Systems Inc., Press Release, April 2023)
Commercial Vehicle Wiring Harness Market Report Coverage and Deliverables
The "Commercial Vehicle Wiring Harness Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering the areas mentioned below:
- Commercial vehicle wiring harness market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Commercial vehicle wiring harness market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Commercial vehicle wiring harness market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the commercial vehicle wiring harness market
- Detailed company profiles