LAMEA Automotive Wiring Harness Market Size, Share & Industry Trends Analysis Report By Material, By Application, By Propulsion (ICE Vehicles, Electric Vehicles, and Hybrid Vehicles), By Voltage, By Vehicle Type, By Country and Growth Forecast, 2022 - 2028
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Market Report Description
The Latin America, Middle East and Africa Automotive Wiring Harness Market would witness market growth of 7.6% CAGR during the forecast period (2022-2028).
The numerous wires and cables can be better protected from the damaging effects of disturbances, abrasions, and dampness by being bound together into a cable harness. The risk of a short is reduced and space use is improved by bundling the wires into a non-flexing bundle. Installation time is shortened and the procedure is simple to standardize because there is only one harness to install (as opposed to several cables). Additionally, reducing the risk of electrical fires is wrapping the wires in a flame-resistant sleeve.
Typically, cable harnesses are created following the electrical and geometric specifications. First, the wires are cut to the required length, typically with the aid of specialized wire-cutting equipment. During the cutting process or on a piece of different equipment, a dedicated machine may also print on the wires. The wires are then stripped at their ends to reveal their metal (or core), which is then outfitted with any necessary terminals or connector housings. According to the design requirements, the cables are assembled and fastened together on a special workbench or onto a pinboard to create the cable harness. The harness is then either placed immediately in the car or shipped after any protective sleeves, conduit, or extruded yarn have been installed.
Although the two are very distinct, wire harnesses and cable assemblies are sometimes mistaken. The primary distinction is that a wire harness comprises several breakouts (ends) that extend in many various directions with multiple terminations on each outlet while a cable assembly typically only has two ends. The majority of the time, wire assemblies are found in vehicles including cars, buses, trucks, and airplanes
The Dubai Electricity and Water Authority have announced the EV Green Charger scheme, which will provide a network of charging stations for electric vehicles throughout the city. This model illustrates Dubai's efforts to enhance sustainable and cutting-edge mobility solutions while lowering carbon emissions in the transportation industry as part of the Dubai Green Mobility Strategy 2030. Due to DEWA's continuing expansion of this effort and the launch of its free-charging incentive scheme, there are now more electric cars in Dubai overall.
The Brazil market dominated the LAMEA Automotive Wiring Harness Market by Country in 2021; thereby, achieving a market value of $1.5 billion by 2028. The Argentina market is anticipated to grow at a CAGR of 8.1% during (2022 - 2028). Additionally, The UAE market would showcase a CAGR of 7.3% during (2022 - 2028).
Based on Material, the market is segmented into Copper, Aluminum, and Others. Based on Application, the market is segmented into Chassis, Engine, Dashboard & Cabin, Body & Lighting, HVAC, and Others. Based on Propulsion, the market is segmented into ICE Vehicles, Electric Vehicles, and Hybrid Vehicles. Based on Voltage, the market is segmented into Low and High. Based on Vehicle Type, the market is segmented into Passenger Cars, Commercial Vehicles, and Two-Wheeler. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Lear Corporation, Aptiv PLC, Sumitomo Electric Industries, Ltd., Fujikura Ltd., Nexans SA, Furukawa Electric Co., Ltd., Samvardhana Motherson International Ltd, Leoni AG, Yazaki Corporation and Yura Corporation
Scope of the Study
Market Segments Covered in the Report:
- Dashboard & Cabin
- Body & Lighting
- ICE Vehicles
- Electric Vehicles
- Hybrid Vehicles
By Vehicle Type
- Passenger Cars
- Commercial Vehicles
- Saudi Arabia
- South Africa
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- Lear Corporation
- Aptiv PLC
- Sumitomo Electric Industries, Ltd.
- Fujikura Ltd.
- Nexans SA
- Furukawa Electric Co., Ltd.
- Samvardhana Motherson International Ltd
- Leoni AG
- Yazaki Corporation
- Yura Corporation
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