Electric And Autonomous Vehicles Wiring Harness Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

Electric & Autonomous Vehicles Wiring Harness Industry Overview

Several key players, such as Leoni AG, Furukawa Electric, Motherson Sumi, Yazaki Corporation, Lear Corporation, and others, dominate the electric and autonomous vehicle wiring harness market. The rapid expansion of electric vehicle component manufacturing facilities across the globe is likely to witness major growth for the market during the forecast period. For instance,

• In January 2023, to meet the demand for charging cables and high voltage cables for Electromobility applications, Leoni announced that it had increased its production area at its plant in Cuauhtémoc, Chihuahua, Mexico by 40% to 10,723 sq m. The USD 27 million Phase I of the EMOMEX (E-Mobility Mexico) project, which included the installation of machinery and equipment for the development and production of high-voltage cables and charging system cables, was completed.
• In September 2022, the expansion of Leoni AG's (Leoni) product developments was announced. A new wiring system will be developed by the company, gathering engineers at the Innovation Industrialization Center (IIC) in Kitzingen, Germany. The company intends to boost its development to expand autonomous mobility and meet the rising demand for wiring systems. In place of the usual central cable harness, the company will concentrate on smaller-scale connected wiring harnesses.