LONDON--(BUSINESS WIRE)--Aug 29, 2018--According to the latest market research report released by Technavio, the global automotive engine wiring harness market is expected to accelerate at a CAGR of nearly 5% during the forecast period. The increasing demand for EVs is one of the key factors triggering the growth of the market.

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Technavio has published a new market research report on the global automotive engine wiring harness market from 2018-2022. (Graphic: Business Wire)

This research report titled ‘ ’ provides an in-depth analysis of the market in terms of revenue and emerging market trends. It also includes an up-to-date analysis and forecasts for various market segments and all geographical regions.

This report is available at a USD 1,000 discount for a limited time only:

The market research analysis categorizes the global automotive engine wiring harness market into the following applications:

Passenger cars Commercial vehicles

In 2017, the passenger cars segment accounted for 72% of the global market and is expected to decline to 71% by 2022, exhibiting almost 1% decrease in market share.

Emerging trend in the global automotive engine wiring harness market

The growing introduction of heat resistant and innovative materials for automotive engine wiring harness is an emerging trend in the automotive engine wiring harness space. Heat resistant as well as lightweight materials are being developed, which can be compatible with modern vehicles and have reduced need for replacement. These materials are also durable and lightweight in nature. The future of engine wiring harness is not restricted to optical fibers but also involves the development of durable and lightweight materials such as carbon nanotubes, which are 100 times stronger, lighter, and heat resistant when compared to the conventional engine wiring harness.

Looking for more information on this market?

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

Technavio’s report provides expert market research on the following topics:

Executive Report

Market Outline Global Automotive Engine Wiring Harness Market Overview

Market Insights

Market Sizing and Forecasts Market Growth Market Drivers and Challenges Key Emerging Trends

Market Segmentation Analysis

Regional comparison (APAC, Americas, and EMEA) Key leading countries Market segmentation by product (passenger cars and commercial vehicles)

Vendor Landscape

Vendor classification Market positioning of vendors Competitive scenario Analysis of top vendors (Delphi, Lear, YAZAKI, LEONI, and Sumitomo)

About 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 10,000 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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SOURCE: Technavio Research

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PUB: 08/29/2018 08:30 AM/DISC: 08/29/2018 08:30 AM