Global Two-wheeler Wiring Harness Market Set to Grow at a CAGR of 10.41% During 2017-2021

DUBLIN, Jan. 4, 2018 /PRNewswire/ --

The "Global Two-wheeler Wiring Harness Market 2017-2021" report has been added to Research and Markets' offering.

One trend in the global two-wheeler wiring harness market is a growing usage of water-proof wiring harnesses. The unsealed connectors of wiring harness were widely used in the two-wheelers as it helps in transmitting the electric signals either from the power source to the electronic equipment or connects the internal controls of a machine. As the unsealed connectors are prone to damage and failure such as terminal issues and corrosion of wires, the OEMs and the two-wheeler manufacturers are shifting from the usage of unsealed connectors to the air-tight sealed connectors.

According to the report, one driver in the market is growing two-wheeler market in developing countries. Two-wheelers are used for personal transport, as they are affordable, easy to maintain, convenient, occupies less space, and are easy to park. The commuter and the mid-segment two-wheelers are mainly used as alternatives to walking and short distance commute. They are very popular in the growing economies such as India, China, Indonesia, and others. India is the largest market for two-wheelers, followed by China and Indonesia. APAC constitutes the major share of two-wheeler market, and it is expected to grow at an exponential rate during the forecast period. In 2016, India dominated the two-wheelers market with 17.7 million two-wheeler units sold, followed by China with 16.8 million two-wheelers units sold.

Furthermore, the report states that one challenge in the market is consolidation of ECUs to reduce wiring harness in two-wheelers. ECU is a very costly device as it incorporates an array of advanced sensors to collect data from the engine and connected equipment. The availability of multicore system-on-chip (SoC) has resulted in rapid advancement in processing power of ECU in vehicles. This will lead to consolidation of ECUs in a two-wheeler to a central SoC. As a result, there will be reduction in the amount of wiring harnesses requirement per vehicle as several ECUs will be replaced by a single SoC. Today, two-wheelers technologies are heading toward mechatronics as sensors are being used as hardware for these technologies.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

The report covers the present scenario and the growth prospects of the global two-wheeler wiring harness market for 2017-2021. The report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

• Americas
• APAC
• EMEA

The report, Global Two-wheeler Wiring Harness Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key questions answered in this report

• What will the market size be in 2021 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?

Key Topics Covered:

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: INTRODUCTION

• Market outline

PART 05: MARKET LANDSCAPE

• Market ecosystem
• Market characteristics
• Market segmentation analysis

PART 06: MARKET SIZING

• Market definition
• Market sizing 2016
• Market size and forecast 2016-2021
• Five forces analysis

PART 07: MARKET SEGMENTATION BY END-USER

• Segmentation by end-user
• Comparison by end-user
• Premium segment - Market size and forecast 2016-2021
• Mid-segment Market size and forecast 2016-2021
• Commuter segment Market size and forecast 2016-2021
• Market opportunity by end-user

PART 08: CUSTOMER LANDSCAPE

PART 09: REGIONAL LANDSCAPE

• Geographical segmentation
• Regional comparison
• Americas Market size and forecast 2016-2021
• EMEA Market size and forecast 2016-2021
• APAC Market size and forecast 2016-2021
• Market opportunity

PART 10: DECISION FRAMEWORK

PART 11: DRIVERS AND CHALLENGES

• Market drivers
• Market challenges

PART 12: MARKET TRENDS

PART 13: VENDOR LANDSCAPE

• Competitive scenario
• Other prominent vendors

PART 14: VENDOR ANALYSIS

• Vendor overview
• Delphi Automotive
• LEONI
• Sumitomo Electric Industries
• Samvardhana Motherson
• Furukawa Electric

For more information about this report visit https://www.researchandmarkets.com/research/b5pknj/global?w=5

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