India Automotive Wiring Harness Market was valued US$ XX Mn in 2018 and is expected to reach US$ XX Mn by 2026, at a XX% CAGR of around during a forecast period.
The Indian market for automotive wiring harness is driven by the rapid growth of the automobile industry because of the many technologically advanced features implemented in vehicles. High competition exists among car manufacturing companies to design cars with many safety features and electronic gadgets. In contrast to the predictable wiring techniques, automotive wiring harness provides secure and reliable connections, between such gadgets. Additionally, deploying such wiring harness systems expands the fuel efficiency of the vehicle and observes the ongoing government regulations for fuel usage and emissions. These benefits of automotive wiring harness, in turn, is driving the Indian market growth for automotive wiring harness.
However, overheating or short circuits of the wiring harness in the country with extreme climatic conditions, such as heavy rain and snow, results in the high cost of replacement of the entire system, which is restraining the India automotive wiring harness market growth. The increase in the use of safety sensors, such as blind-spot detection and automated steering control systems, provides numerous opportunities for market expansion. The report contains a detailed list of factors that will drive and restrain the growth of the India Automotive Wiring Harness Market.