Automotive Wiring Harness Market worth $59.5 billion by 2030 - Exclusive Report by MarketsandMarkets™
The metallic segment holds the largest share of the automotive wiring harness market.
- The metallic segment holds the largest share of the automotive wiring harness market.
- Hence, metallic wiring harnesses are extensively used in various critical automotive applications, including powertrain, chassis, body and lighting, safety systems, transmission, and interior wiring.
- Also, using aluminium in automotive wiring harnesses with gold plating helps enhance data transmission and reduce weight and costs.
- In Europe, the accelerated shift toward electric vehicles, backed by government targets for widespread electrification by 2030, is transforming the automotive wiring harness market.