Global and China Automotive Wiring Harness Industry Report, 2013

Published: December 2013
No. of Pages: 124
    ReportsandReports

Global and China Automotive Wiring Harness Industry Report 2013 includes the following aspects:

  • The current situation of the global automotive market
  • The current situation of Chinese automotive market
  • Global and China automotive wiring harness industry
  • 18 major automotive wiring harness manufacturers

The global automotive wiring harness market value climb 2.3 percent to USD40.3 billion in 2013, and is expected to reach USD41 billion in 2014, up 1.6% over 2013. The slow growth is caused by many reasons. The market share of two major Japanese players of automotive wiring harness totals more than 50%, while Japanese Yen devaluates by 24% in 2013, resulting in a significant decline in the market value counted in the U.S. dollar. Also, due to the decline in copper prices as well as the continuous lawsuits against wiring harness price manipulating, manufacturers are forced to reduce prices to please customers.

After the United States fined several large automotive wiring harness companies who controlled prices, the European Union penalized four wiring harness suppliers (Yazaki, Yazaki’s European subsidiary SY System Tech, Leoni and Furukawa Electric) with EUR142 million in July 2013. Yazaki suffered the most penalty of EUR125 million, followed by SY System Tech who paid EUR11.05 million, Furukawa Electric EUR4 million and Leoni EUR1.3 million. Sumitomo Electric was exempted from penalty because it reported Cartel monopoly to the European Union.

In 2013, Furukawa Electric performs most actively in the investment in the field of automotive wiring harness. Furukawa Electric acquired Mitsubishi’s automotive connector business in late 2011 to increase investment in the field. In March 2013, the factory of Furukawa Electric in the Philippines was put into operation officially. In May 2013, Furukawa Electric decided to expand its Philippine factory whose Phase II is expected to be put into operation in January 2014. At the end of 2014, Furukawa Electric is expected to gain annual sales of JPY12 billion. Meanwhile, it established a new automotive wiring harness plant in Mexico, which started construction in May 2013 and will go into operation in January 2014. In September 2013, the Shenzhen subsidiary set up Wuhan Furukawa Automotive Systems Co., Ltd. in Wuhan, with an investment of RMB100 million.

In 2013, the most prominent change in the automotive wiring harness market lies in the poor performance of large manufacturers and the excellent performance of medium and small manufacturers. Top three players Yazaki, Sumitomo and Delphi offer high and inflexible prices. With the launch of a large number of high-quality automotive connectors, the technical threshold to automotive wiring harness is lowered. Due to the low output, small and medium-sized automotive manufacturers prefer small and medium-sized automotive wiring harness suppliers or self-production to control costs strictly. For example, the automotive wiring harness of Great Wall Motor is supplied by its subsidiary Baoding Mande Auto Parts Co., Ltd.; BYD’s supplier is its Fifteenth Division; Geely is supported by Geely Haoda Automotive Electrics.

Published By: Research In China
Product Code: Research In China1792


Did you find what you are/were looking for ? If not, read below and browse through other relevant pages for similar market research reports OR get in touch with us through the form/contact info in your right navigation panel and well share relevant market report titles for you to explore.

Related Reports:

  • Global Automotive Windshield Washer Sales Market Report 2016

    Notes: Sales, means the sales volume of Automotive Windshield Washer Revenue, means the sales value of Automotive Windshield Washer This report studies sales (consumption) of Automotive Windshield Washer in Global market, especially in United St...

  • Global Auto Valve Stem Seal Sales Market Report 2016

    Notes: Sales, means the sales volume of Auto Valve Stem Seal Revenue, means the sales value of Auto Valve Stem Seal This report studies sales (consumption) of Auto Valve Stem Seal in Global market, especially in United States, China, Europe, Jap...

  • United States Low-floor Hybrid Bus Market Report 2016

    Notes: Sales, means the sales volume of Low-floor Hybrid Bus Revenue, means the sales value of Low-floor Hybrid Bus This report studies sales (consumption) of Low-floor Hybrid Bus in United States market, focuses on the top players, with sales, ...

  • United States Helicopter Avionics Market Report 2016

    Notes: Sales, means the sales volume of Helicopter Avionics Revenue, means the sales value of Helicopter Avionics This report studies sales (consumption) of Helicopter Avionics in United States market, focuses on the top players, with sales, pri...

  • United States Automotive Human Machine Interface System Market Report 2016

    Notes: Sales, means the sales volume of Automotive Human Machine Interface System Revenue, means the sales value of Automotive Human Machine Interface System This report studies sales (consumption) of Automotive Human Machine Interface System in...

  • United States Automotive eCall Market Report 2016

    Notes: Sales, means the sales volume of Automotive eCall Revenue, means the sales value of Automotive eCall This report studies sales (consumption) of Automotive eCall in United States market, focuses on the top players, with sales, price, reven...

  • United States Automotive Adaptive Front Lighting System Market Report 2016

    Notes: Sales, means the sales volume of Automotive Adaptive Front Lighting System Revenue, means the sales value of Automotive Adaptive Front Lighting System This report studies sales (consumption) of Automotive Adaptive Front Lighting System in...

  • United States Automotive Active Seat Head Rests Market Report 2016

    Notes: Sales, means the sales volume of Automotive Active Seat Head Rests Revenue, means the sales value of Automotive Active Seat Head Rests This report studies sales (consumption) of Automotive Active Seat Head Rests in United States market, f...

  • Global Automotive Advanced Polymer Composites Sales Market Report 2016

    Notes: Sales, means the sales volume of Automotive Advanced Polymer Composites Revenue, means the sales value of Automotive Advanced Polymer Composites This report studies sales (consumption) of Automotive Advanced Polymer Composites in Global m...

  • Europe Range Extenders for Electric Vehicles Market Report 2016

    Notes: Sales, means the sales volume of Range Extenders for Electric Vehicles Revenue, means the sales value of Range Extenders for Electric Vehicles This report studies sales (consumption) of Range Extenders for Electric Vehicles in Europe mark...


Why ReportsnReports.com?

  • 500,000 market research reports and growing.
  • Top Fortune 500 Organizations trust us for research data.
  • 24/7 support on call as well as emails.
  • Your Details are safe with us.
  • Free support for your research requirements.
  • Report Delivery: Email
  • Delivery Time:
    • Upto 24 hrs - working days
    • Upto 48 hrs max - weekends and public holidays

Research Support / Custom Research

If this business study does not have the data and information analysis you need, contact us with your research requirements. We explore available market research reports to map your needs and share report titles with you. Alternatively, we can also offer custom research that suits your budget and timelines. Share your information requirements here.
Connect With Us
Email: sales@reportsandreports.com Call : + 1 888 391 5441

Subscription Option

Using our subscription option, you get access to market research reports and industry data of Consumer Goods market as per your needs. Get the best of Consumer Goods research reports by utilizing your research budgets in an optimum way.

More about our Subscription option
Report Alerts

Get Email alerts about market research reports from industries and publishers of your interest: