Automotive Wire and Cable Market - Growth, Trends And Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Yazaki, Sumitomo Electric, Delphi, LEONI

Automotive Wire and Cable market size is projected to reach USD 43740 million by 2027, from USD 33180 million in 2021, at a CAGR of 4.9% during 2022-2027.

Automotive Wire and Cable Market Overview

Based on the Automotive Wire and Cable market development status, competitive landscape, and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks, and comprehensive competitive strategy analysis in different fields of Manufacturing & Construction. The competitive advantages of different types of products and services, the development opportunities and consumption characteristics, and structure analysis of the downstream application fields are all analyzed in detail. To Boost the Growth of Automotive Wire and Cable during the epidemic era, this report analyzes in detail the potential risks and opportunities which can be focused on.

People across the world are preferring electric, eco-friendly cars over conventional gasoline cars which is expected to drive the growth of the global automotive wire and cable market. Plus, hybrid cars offer the benefit of both electric and conventional cars. In fact, there is better fuel efficiency in hybrid cars than in regular petrol-driven cars with the incorporation of the electrical system. Hybrid vehicles consist of electric motors and inverters which are connected by AC and DC wiring harnesses. Thus, it is expected that the adoption of hybrid and electric cars will increase and drive market growth over the forecast period.

Who are the Major Players in the Automotive Wire and Cable Market?

The global Automotive Wire and Cable includes the identification and analysis of the various market participants competing in the global market. Prominent competitors include Yazaki, Sumitomo Electric, Delphi, LEONI, Lear Corporation (NYSE:LEA), Yura, Furukawa Electric Co., Ltd. (Tokyo :5801.T), Coficab, PKC Group, Kyungshin, Beijing Force, Fujikura Ltd. (Tokyo:5803.T), Coroplast, General Cable, Shanghai Shenglong,Prysmian Group, International Wire Group, Nehring, Southwire Company,Encore Wire Corporation (NasdaqGS:WIRE), Belden Inc. (NYSE :BDC)., CME Wire and Cable, Inc and others.

Industry News and Updates:

03 Sep 2020:Automotive cable specialist Delfingen plans to acquire the European and African operations of Schlemmer, a German industrial group that specializes in cable protection and injection-molded parts for the automotive industry.

03/12/2019: Iewc partners with coroplast to expand industry-leading product offering for electric vehicle cables.Coroplast HV wires and cable, available in sizes from 2.5 mm2 up to 120 mm2, utilize a unique insulation compound that allows cables to permanently withstand temperatures of more than 180ºC and perform at voltages of 600V AC and 1000V DC ― meeting the rigorous demands of high-voltage lines for both on- and off-road vehicles. With shielded and unshielded offerings in single- and multi-conductor products, Coroplast cables meet a variety of global cable standards and requirements and offer functionality for a variety of hybrid vehicle systems.

What are the major Applications, Types, and Regions for the Automotive Wire and Cable Market?

The market is segmented based on the type, applications, companies, and regions.

By Type, it is segmented into

• Copper Core


• Aluminum Core


• Others

By Application, it is segmented into

• Body


• Chassis


• Engine


• HVAC


• Speed Sensors


• Others

Automotive Wire and Cable Market Regional Analysis

Asia Pacific region dominated the global automotive wire and cable materials market in last Year, accounting for 56.1% share in terms of value, followed by Europe, and North America, respectively.The market of the Asia-Pacific region is growing at a significant rate; whereas the Europe and North American and Japan markets are matured and thus, the demand for the same is estimated to grow at a decent rate. China is the largest country for Vehicle Wire and Cable Markers, with a revenue market share of nearly 27.1% in Back Years. The second is the Europe region with a revenue market share of over 23%. Japan and Korea are other important production markets of Vehicle Wire and Cable Markers, enjoying a 21.58% revenue market share. Currently, there are many producing companies in the world Vehicle Wire Markers industry, especially in North America and Europe, and Japan.

• North America
  
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • UK
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East & Africa
  
  
  • Latin America
  
  
  
  

What is our Automotive Wire and Cable Market report scope?

Key Takeaways from this Automotive Wire and Cable Report

• Evaluate Automotive Wire and Cable market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at the country level - for product types, end-use applications, and different industries verticals.


• Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.


• Get in-depth insights on your competitor’s performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.


• Analyze the sales and distribution channels across geographies to enhance top-line revenues.


• Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies to your processes.


• Get a quick outlook on the Automotive Wire and Cable market entropy – M&As, deals, partnerships, and product launches of all key players for the past 5 years.


• Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.

Frequently Asked Questions

What is the study period of this market?

The Automotive Wire and Cable Market is studied from 2017 - 2027.

What is the growth rate of the Automotive Wire and Cable Market?

The Automotive Wire and Cable Market is growing at a CAGR of 4.9% over the next 5 years.

Who are the key players in Automotive Wire and Cable Market?

Yazaki, Sumitomo Electric, Delphi, LEONI, Lear, Yura, Furukawa Electric, Coficab, PKC Group, Kyungshin, Beijing Force, Fujikura, Coroplast, General Cable, Shanghai Shenglong, Prysmian Group, International Wire Group, Nehring, Southwire Company, Encore Wire Corp, Belden, Inc., CME Wire and Cable, Inc

What regions does this Automotive Wire and Cable Market report cover?

North America (the United States, Canada, and Mexico)

Europe (Germany, France, UK, Russia, and Italy)

Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)

South America (Brazil, Argentina, Colombia, etc.)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)

What are the significant types of Automotive Wire and Cable Market?

Copper Core, Aluminum Core, Others

 

What are the major end-use applications of Automotive Wire and Cable Market?

Body, Chassis, Engine, HVAC, Speed Sensors, Others

 

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