Click here to close now.




















Welcome!

News Feed Item

Automotive Wiring Harness Market worth USD41 billion by 2014

DALLAS, March 16, 2014 /PRNewswire-iReach/ -- ChinaMarketResearchReports.com adds "Global and China Automotive Wiring Harness Industry Report, 2013" to its store that says 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.

(Photo:  http://photos.prnewswire.com/prnh/20140316/MN82697)

Synopsis

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

1. The current situation of the global automotive market
2. The current situation of Chinese automotive market
3. Global and China automotive wiring harness industry
4. 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.

Order a copy of this report at http://www.chinamarketresearchreports.com/contacts/purchase.php?name=114672 .

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.

Comprehensive Table of Contents and more for the report "Global and China Automotive Wiring Harness Industry Report, 2013" is available at http://www.chinamarketresearchreports.com/114672.html .

Browse more reports on Automotive & Transportation Industry at http://www.chinamarketresearchreports.com/cat/automotive-transportation.html .

About Us:

China Market Research Reports is a database of selected syndicated market reports for global and China industries including but not limited to life sciences, information technology & telecommunications, consumer goods, food and beverages, energy and power, automotive and transportation, manufacturing and construction, materials and chemicals, public sector as well as business and financial services. We provide 24/7 online and offline support to our customers. Call +1 888 391 5441 with your research requirements or email the details on [email protected] This e-mail address is being protected from spambots. You need JavaScript enabled to view it and we would be happy to help you find the business intelligence that you need.

Media Contact: Priyank Tiwari, China Market Research Reports, + 1 888 391 5441, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE China Market Research Reports

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Puppet Labs has announced the next major update to its flagship product: Puppet Enterprise 2015.2. This release includes new features providing DevOps teams with clarity, simplicity and additional management capabilities, including an all-new user interface, an interactive graph for visualizing infrastructure code, a new unified agent and broader infrastructure support.
SYS-CON Events announced today that Pythian, a global IT services company specializing in helping companies leverage disruptive technologies to optimize revenue-generating systems, has been named “Bronze Sponsor” of SYS-CON's 17th Cloud Expo, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Founded in 1997, Pythian is a global IT services company that helps companies compete by adopting disruptive technologies such as cloud, Big Data, advance...
All major researchers estimate there will be tens of billions devices - computers, smartphones, tablets, and sensors - connected to the Internet by 2020. This number will continue to grow at a rapid pace for the next several decades. With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo, November 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Learn what is going on, contribute to the discussions, and e...
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
DevOps Summit, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 17th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The widespread success of cloud computing is driving the DevOps revolution in enterprise IT. Now as never before, development teams must communicate and collaborate in a dynamic, 24/7/365 environment. There is no time to wait for long development...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
SYS-CON Events announced today that DataClear Inc. will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. The DataClear ‘BlackBox’ is the only solution that moves your PC, browsing and data out of the United States and away from prying (and spying) eyes. Its solution automatically builds you a clean, on-demand, virus free, new virtual cloud based PC outside of the United States, and wipes it clean...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
Contrary to mainstream media attention, the multiple possibilities of how consumer IoT will transform our everyday lives aren’t the only angle of this headline-gaining trend. There’s a huge opportunity for “industrial IoT” and “Smart Cities” to impact the world in the same capacity – especially during critical situations. For example, a community water dam that needs to release water can leverage embedded critical communications logic to alert the appropriate individuals, on the right device, as...
Manufacturing connected IoT versions of traditional products requires more than multiple deep technology skills. It also requires a shift in mindset, to realize that connected, sensor-enabled “things” act more like services than what we usually think of as products. In his session at @ThingsExpo, David Friedman, CEO and co-founder of Ayla Networks, will discuss how when sensors start generating detailed real-world data about products and how they’re being used, smart manufacturers can use the ...
WebRTC services have already permeated corporate communications in the form of videoconferencing solutions. However, WebRTC has the potential of going beyond and catalyzing a new class of services providing more than calls with capabilities such as mass-scale real-time media broadcasting, enriched and augmented video, person-to-machine and machine-to-machine communications. In his session at @ThingsExpo, Luis Lopez, CEO of Kurento, will introduce the technologies required for implementing thes...
Organizations from small to large are increasingly adopting cloud solutions to deliver essential business services at a much lower cost. According to cyber security experts, the frequency and severity of cyber-attacks are on the rise, causing alarm to businesses and customers across a variety of industries. To defend against exploits like these, a company must adopt a comprehensive security defense strategy that is designed for their business. In 2015, organizations such as United Airlines, Sony...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.