Europe Automotive Wiring Harness Market

Based on Components, the Europe Automotive Wiring Harness market segmentation includes electric wires, connectors, terminals, and others. The terminal segment dominated the market. The market is expanding primarily due to the increased complexity and connections of vehicle electrical structures. The purpose of terminals is to make electrical connections between two or more wires strong and efficient. Because of their ability to tolerate high temperatures and vibrations, these terminals are crucial to the wiring harness system. Further factors predicted to drive market expansion include the automotive industry's ongoing technical innovation and the electrification of automobiles.

The connector segment is expected to grow fastest. The connectors guarantee a constant supply of power or data while the car is running. Dependency vehicles with autonomous driving capabilities ranging from level 2 to level 5 have wire functioning, sensors, radar, and an increasingly important data and power flow. Consequently, the connection market is expected to expand over the estimated period.

Based on Application, Europe's Automotive Wiring Harness segmentation includes body, chassis, engine, HVAC, and sensors. The chassis category generated the most income. The main, rear, and front harnesses comprise the chassis harness system. These harnesses connect to many multimedia devices, including the engine, AC, GPS, DVD player, and other sensors for ADAS and temperature control. The wiring and connections for all the crucial parts that allow the cars to carry out their basic operations are stored in the chassis.

The chassis also has the benefit of having a low chance of shorting out due to its high-temperature resistance, which enhances vehicle performance and fuel efficiency.

Based on Electric Vehicles, Europe's Automotive Wiring Harness segmentation includes battery electric vehicles (BEV) and plug-in hybrid electric vehicles (PHEV). The battery electric vehicle (BEV) category is the largest market share. Because a more electric-based system is integrated into the vehicle for primary and auxiliary vehicle operations, BEVs have more cables and connections than ICE vehicles. The automotive industry is seeing an increase in the use of high-voltage wiring harnesses; additionally, the market for automotive wiring harnesses within the electric vehicle segment is expected to grow positively as global sales of electric vehicles, both commercial and passenger, rise.

The plug-in hybrid electric vehicle (PHEV) category is predicted to have the quickest rate. The plug-in hybrid electric vehicle (PHEV) market in Europe is seeing a rise in demand. The need for lower emissions, more fuel efficiency, and a shift to electrified transportation fuels the market for PHEVs. PHEVs integrate an internal combustion engine (ICE) with an electric motor. PHEV wiring harnesses must be designed with this in mind to enable the integration of these two powertrains and link different components for smooth operation.

Based on Vehicle Type, Europe's Automotive Wiring Harness segmentation includes passenger cars and commercial vehicles. The passenger cars category has the largest market share. Many passenger cars are starting to be equipped with standard advanced safety systems, including adaptive cruise control, automated emergency braking, and lane departure warning. Connecting and integrating the sensors and control units needed for these safety features largely depends on the wire harnesses.

The commercial vehicles category is predicted to have the quickest rate. Electric trucks and vans are among the commercial vehicles that are increasingly in demand. The commercial vehicle industry is moving toward electrification, which calls for specific wire harnesses to accommodate the distinct electrical systems found in these vehicles.

The largest market share is expected to be in Germany. Sales of battery electric vehicles (BEVs) increased significantly in Germany in 2022, reaching 470,592 units. The market shares of electric vehicles increased significantly in 2022, rising from 26.1% in 2021 to 31.4%. The use of electric vehicles has increased dramatically due to government programs to support electric mobility and advantageous laws and incentives. This has directly impacted the need for automobile wire harnesses made especially for electric vehicles.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review