The wire harness market in North America is expected to grow from US$ 20,113.44 million in 2022 to US$ 28,490.89 million by 2028. It is estimated to grow at a CAGR of 6.0% from 2022 to 2028.

Technological Advancements in Food & Beverages and Agriculture

Wire harnesses reduce clutter, simplify usage, improve safety, and reduce installation time. Technological advancements in food & beverages and agricultural equipment have increased the demand for wire harnesses. In food & beverages, appliances such as microwave, vending machine and brewing machine consumption is increasing rapidly in residential and commercial sectors, Due to this, companies are producing more appliances for the food & beverages industry, and it is subsequently increasing the demand for wire harness. Further, HELUKABLE, Powersonic, and Marsh Electronics are among the prominent players offering wire harnesses for the food & beverages industry. Carr Manufacturing Company, Sumitomo Electric Industries, TLC Electronics, and AG & Construction offer wire harnesses for agricultural equipment. In harvester tractors, water pumps, disc harrow, and various other agricultural equipment, wire harnesses are designed in a way that these bundles can perform extremely well under harsh conditions and can also carry heavy power loads. Thus, the advantages will subsequently translate into lucrative growth opportunities for the wire harness market.

Market Overview

In In North America, the US is one of the primary markets for wire harnesses. The country boasts of a robust presence of the automotive and aerospace sectors, which are major end users of wire harnesses. For instance, the US automobile industry produced about 9.17 million cars in 2021. The numbers include passenger cars, light commercial vehicles, heavy trucks, and long-distance buses. Similarly, based on the report by Airbus, North American airlines have ordered more than 2,500 commercial aircraft for domestic and international passenger services and freight and freight transport. In the future, North American airlines are expected to require approximately 5,600 additional aircraft. Hence, the growing production of vehicles and airplanes will increase the demand for wire harness connectors and terminals, which is anticipated to boost the market growth over the forecast period .

North America Wire Harness Market Revenue and Forecast to 2028 (US$ Million)

North America Wire Harness Market Segmentation

The North America wire harness market is segmented into product, material, end user, and country. Based on product, the market is segmented into wire harness connector, wire harness terminal, and others. The others segment held the largest market share in 2022.

Based on material, the market is segmented into PVC, vinyl, thermoplastic elastomer, polyurethane, and polyethylene. The PVC segment held the largest market share in 2022. Based on end user, the market is segmented into automotive, agriculture, appliances, and others. The automotive segment held the largest market share in 2022. Based on country, the market is segmented into US, Canada, and Mexico. The US dominated the market share in 2022. DRAXLMAIER GROUP; Fujikura Ltd.; Lear Corporation; Sumitomo Electric Industries, Ltd.; LEONI AG; THB Group; Yazaki Corporation; FURUKAWA ELECTRIC CO., LTD.; Motherson Sumi Systems Ltd.; and YURA Corporation are the leading companies operating in the wire harness market in the region.

TABLE OF CONTENTS

1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Wire Harness Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Wire Harness Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Technological Advancements in Automobiles
5.2 Market Restraints
5.2.1 Rising Counterfeit Products That Can Cause Catastrophe
5.3 Market Opportunities
5.3.1 Technological Advancements in Food & Beverages and Agriculture
5.4 Future Trends
5.4.1 Increasing Usage of Lightweight Wire Harness
5.5 Impact Analysis of Drivers and Restraints
6. Wire Harness Market – North America Market Analysis
6.1 North America Wire Harness Market Overview
6.2 North America Wire Harness Market Revenue Forecast and Analysis
7. North America Wire Harness Market Analysis – By Product Type
7.1 Overview
7.2 North America Wire Harness Market, By Product Type (2021 and 2028)
7.3 Wire Harness Connector
7.3.1 Overview
7.3.2 Wire Harness Connector: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
7.4 Wire Harness Terminal
7.4.1 Overview
7.4.2 Wire Harness Terminal: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Others
7.5.1 Overview
7.5.2 Others: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
8. North America Wire Harness Market Analysis – By Material
8.1 Overview
8.2 North America Wire Harness Market, By Material (2021 and 2028)
8.3 PVC
8.3.1 Overview
8.3.2 PVC: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Vinyl
8.4.1 Overview
8.4.2 Vinyl: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Thermoplastic Elastomer
8.5.1 Overview
8.5.2 Thermoplastic Elastomer: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
8.6 Polyurethane
8.6.1 Overview
8.6.2 Polyurethane: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
8.7 Polyethylene
8.7.1 Overview
8.7.2 Polyethylene: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
9. North America Wire Harness Market Analysis – By End User
9.1 Overview
9.2 North America Wire Harness Market, By Material (2021 and 2028)
9.3 Automotive
9.3.1 Overview
9.3.2 Automotive: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Agriculture
9.4.1 Overview
9.4.2 Agriculture: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
9.5 Appliance
9.5.1 Overview
9.5.2 Appliance: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
9.6 Others
9.6.1 Overview
9.6.2 Others: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
10. North America Wire Harness Market – by Country Analysis
10.1 North America: Wire Harness Market
10.1.1 North America: Wire Harness Market- by Key Country
10.1.1.1 US: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Wire Harness Market- by Product Type
10.1.1.1.2 US: Wire Harness Market- By Material
10.1.1.1.3 US: Wire Harness Market- By End User
10.1.1.2 Canada: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Wire Harness Market- by Product Type
10.1.1.2.2 Canada: Wire Harness Market- By Material
10.1.1.2.3 Canada: Wire Harness Market- By End User
10.1.1.3 Mexico: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Wire Harness Market- by Product Type
10.1.1.3.2 Mexico: Wire Harness Market- By Material
10.1.1.3.3 Mexico: Wire Harness Market- By End User
11. Industry Landscape
11.1 Market Initiative
11.2 Merger and Acquisition
11.3 New Development
12. Company Profile
12.1 DRÄXLMAIER Group
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Fujikura Ltd.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Lear Corporation
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Sumitomo Electric Industries, Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 LEONI AG
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 THB Group
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 Yazaki Corporation
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 FURUKAWA ELECTRIC CO., LTD.
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Motherson Sumi Systems Ltd.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 YURA Corporation
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Word Index

LIST OF TABLES

Table 1. North America Wire Harness Market Revenue and Forecast to 2028 (US$ Million)
Table 2. US: Wire Harness Market- by Product Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Wire Harness Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Wire Harness Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 5. Canada: Wire Harness Market- by Product Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Wire Harness Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Wire Harness Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Wire Harness Market- by Product Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Wire Harness Market- By Material –Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Wire Harness Market- By End User –Revenue and Forecast to 2028 (US$ Million)
Table 11. List of Abbreviation
 
 

LIST OF FIGURES

Figure 1. North America Wire Harness Market Segmentation
Figure 2. North America Wire Harness Market Segmentation – By Country
Figure 3. North America Wire Harness Market Overview
Figure 4. North America Wire Harness Market, by Product Type
Figure 5. North America Wire Harness Market, by Material
Figure 6. North America Wire Harness Market, by End User
Figure 7. North America Wire Harness Market, by Country
Figure 8. North America – PEST Analysis
Figure 9. North America Wire Harness Market- Ecosystem Analysis
Figure 10. North America Expert Opinions
Figure 11. North America Wire Harness Market Impact Analysis of Drivers and Restraints
Figure 12. North America Wire Harness Market Revenue Forecast and Analysis (US$ Million)
Figure 13. North America Wire Harness Market Revenue Share, by Product Type (2021 and 2028)
Figure 14. North America Wire Harness Connector: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Wire Harness Terminal: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Others: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Wire Harness Market Revenue Share, By Material (2021 and 2028)
Figure 18. North America PVC: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Vinyl: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Thermoplastic Elastomer: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Polyurethane: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Polyethylene: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Wire Harness Market Revenue Share, by End User (2021 and 2028)
Figure 24. North America Automotive: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. North America Agriculture: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America Appliance: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America Others: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America: Wire Harness Market, by Key Country – Revenue (2021) (US$ Million)
Figure 29. North America: Wire Harness Market Revenue Share, by Key Country (2021 and 2028)
Figure 30. US: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Canada: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Mexico: Wire Harness Market – Revenue and Forecast to 2028 (US$ Million)

● Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America wire harness market.
● Highlights key business priorities in order to assist companies to realign their business strategies
● The key findings and recommendations highlight crucial progressive industry trends in the North America wire harness market, thereby allowing players across the value chain to develop effective long-term strategies
● Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
● Scrutinize in-depth North America market trends and outlook coupled with the factors driving the North America wire harness market, as well as those hindering it
● Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution

The List of Companies – North America Wire Harness Market

● DRAXLMAIER GROUP
● Fujikura Ltd.
● Lear Corporation
● Sumitomo Electric Industries, Ltd.
● LEONI AG
● THB Group
● Yazaki Corporation
● FURUKAWA ELECTRIC CO., LTD.
● Motherson Sumi Systems Ltd.
● YURA Corporation

At 6.0% CAGR, the North America Wire Harness Market is speculated to be worth US$ 28,490.89 million by 2028, says The Insight Partners

According to The Insight Partners’ research, the North America wire harness market was valued at US$ 20,113.44 million in 2022 and is expected to reach US$ 28,490.89 million by 2028, registering an annual growth rate of 6.0% from 2022 to 2028. Growing technological advancements in automobiles.

Automobile manufacturers are implementing various technologies in their upcoming models to stay competitive in the market. Technologies such as automatic high beam control, self-driving, cruise control, and automatic lift gates are highly adopted by automobile companies as buyers are largely lured by attractive design, specifications, quality, and features. Some of the technologically advanced vehicles have approximately 40 wire harnesses comprising ~3,000 wires and around 700 connectors. Wire harnesses are one of the most important components of a vehicle’s electrical system. It bundles up to 5 km of cables in an average car. Moreover, in modern vehicles, most components, such as engine, air conditioning, instrumentation, audio speaker, lights, and battery are connected through front, rear, and roof wire harnesses. Owing to the increasing technological advancements, the demand for wire harnesses is growing in the automobile industry. In July 2022, Mahindra, an automobile giant launched new-generation Scorpio – Christened Scorpio N. This car has various technologies and features such as AdrenoX infotainment system, connected car tech, and a 12-speaker Sony audio system. These additional technology integration in the vehicles increase the demand wire harness for better connectivity. In July 2022, Toyota launched a teaser of its new connected car technology, Toyota i-Connect. Moreover, customers are moving toward electric vehicles (EV), which is also a driving factor for the wire harness market. In May 2022, Pacific Gas and Electric Company (PG&E) announced its strategy to produce three pilot programs to check how bidirectional EVs and their chargers can give power to the electric grid and related benefits to the customers. Such factors are propelling the wire harness market growth. This is expected to drive the market during the forecast period.

On the contrary, rising counterfeit products that can cause catastrophe hurdles the growth of North America wire harness market.

Based on product type, the North America wire harness market is categorized into wire harness connector, wire harness terminal, and others. The others segment held 54.8% market share in 2022, amassing US$ 11,031.80 million. It is projected to garner US$ 16,651.05 million by 2028 to expand at 7.1% CAGR during 2022–2028.

Based on material, the North America wire harness market is categorized into PVC, vinyl, thermoplastic elastomer, polyurethane, and polyethylene. The PVC segment held 43.0% market share in 2022, amassing US$ 8,639.37 million. It is projected to garner US$ 11,817.31 million by 2028 to expand at 5.4% CAGR during 2022–2028. Based on end user, the North America wire harness market is categorized into automotive, agriculture, appliances, and others. The automotive segment held 57.8% market share in 2022, amassing US$ 11,634.00 million. It is projected to garner US$ 16,574.13 million by 2028 to expand at 6.1% CAGR during 2022–2028. Based on country, the North America wire harness market has been categorized into the US, Canada, and Mexico. Our regional analysis states that US captured 78.9% market share in 2022. It was assessed at US$ 15,869.73 million in 2022 and is likely to hit US$ 23,048.84 million by 2028, exhibiting a CAGR of 6.4% during the forecast period. Key players dominating the North America wire harness market are DRAXLMAIER GROUP; Fujikura Ltd.; Lear Corporation; Sumitomo Electric Industries, Ltd.; LEONI AG; THB Group; Yazaki Corporation; FURUKAWA ELECTRIC CO., LTD.; Motherson Sumi Systems Ltd.; and YURA Corporation among others.

In Oct 2021, Faraday Future Announces DRÄXLMAIER Group as Interior Consoles Supplier. In Dec 2021, Valens Semiconductor & Sumitomo Electric Collaborate on MIPI A-PHY Technology and Deployments.