North America Electric Vehicle Wiring Harness Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Vehicle Type (Plug-in Hybrid Electric Vehicles (PHEV), Battery Electric Vehicle (BEV), Hybrid Electric Vehicles (HEV), and Fuel Cell Electric Vehicles (FCBEV)), Product Type (High Voltage Wiring Harness and Medium Low Voltage Wiring Harness), and Material Type (Copper-Clad Wire, Aluminum Alloy Wire, Glass Optical Fiber, Plastic Optical Fiber, and Others)
Market Introduction
The North America electric vehicle wiring harness market constitutes countries such as the US, Canada, and Mexico. North America’s technological advancements have made it a highly competitive market. The region is investing significantly for electric vehicle adoption. Companies from various industries are enhancing the overall business processes to meet the customer demands for high-quality products. North America has a developed automotive industry. Therefore, it has one of the most significant commercial vehicle production and sales nations across the world. As per the International Organization of Motor Vehicle Manufacturers (OICA) data, in 2018, 2019, and 2020, the production of commercial vehicles was 12,408,395, 12,426,534, and 10,153,667 units, respectively. Moreover, the region has a presence of automotive manufacturers, such as Navistar, PACCAR, BMW, Freightliner (Daimler), Toyota, Volvo, and General Motors. Also, the governments of the countries in North America are taking initiatives for the development of the automotive sector. In 2020, The Department of Energy of the US administered the Advanced Technology Vehicle Manufacturing Loan Program worth US$ 40 billion. Such factors are driving the growth of the EV industry in the region. Further, with the increasing demand for fuel-efficient vehicles and strict emission norms, automobile manufacturers have been making a transition from gasoline engines to electric vehicles. The COVID-19 pandemic has had a rapid and severe impact on the global electric vehicle wiring harness market. The production of automobile was ceased for few weeks in 2020, owing to the shutdown of plants of various end-use industries in the region as containment measures, which has affected the wiring harness revenues in the region. However, the impact of COVID-19 is short-term, and the electric vehicle wiring harness market started gaining traction since the start of 2021 as various city offices slowly resumed their operations.
In case of COVID-19, North America is highly affected specially the US. The US automotive manufacturers witnessed the most severe impact of COVID-19 in 2020 with enactment of lockdowns and travel restrictions, shut down of production facilities, and shortage of employees. The health and economic crises led to major disruptions in the electric vehicle wiring harness industry, impacting everything from supply chain and manufacturing to product sales. However, progress in vaccination programs and opening up of production facilities would stimulate demand for cars, thereby boosting the demand for electric vehicle wiring harness for enhanced safety in the coming years. Initiatives such as the zero-emission vehicle mandates is projected to increase EV purchases in North America. Such policies can bolster charging infrastructure plans, and structure stimulus packages. Effective policy tools to mitigate greenhouse gases for the transport sector can further support EV adoption. This can boost the demand for wiring harnesses to connect all electric and electronic components, enabling the communication and information flow, and energy provision in a vehicle.
Get more information on this report : 
Market Overview and Dynamics
The North America electric vehicle wiring harness market is expected to grow from US$ 442.63 million in 2021 to US$ 1,342.82 million by 2028; it is estimated to grow at a CAGR of 17.2% from 2021 to 2028. Consumer preference of individual transport and demand for autonomous vehicles have led to the rise in automated vehicle sale. The governments across the region are focusing on electric mobility or e-mobility with enhanced vehicle safety systems to adapt to the new normal, overcome the economic slowdown, and stabilize the revenue losses caused by the outbreak of COVID-19 pandemic. E-mobility is also expected to contribute toward balancing the energy demand and environmental sustainability, providing lucrative growth potential and employment generation in this market. The expanding demand for hybrid and electric vehicles and increasing electrification of vehicles are the primary factors, driving the market. Stringent emission norms for vehicles are forcing OEMs to manufacture hybrid and electric vehicles to reduce the emission of harmful gases. The Governments of several countries have implemented laws and regulations to mandate the use of advanced technologies in vehicles. In several countries, safety provisions, including driver-side airbags, speed-alert systems, seatbelt reminders, and reverse parking sensors, are compulsory for every car to be eligible for being sold. The increasing demand for safety features in EVs has augmented the uptake of the wiring harness that provides secure and reliable connections. A wiring harness made of insulated material diminishes the chances of short-circuit, abrasion, and moisture-related issues. The increasing use of safety sensors and automated steering control systems can also provide numerous opportunities for the North America market's growth.
Key Market Segments
In terms of vehicle type, the battery electric vehicle (BEV) segment accounted for the largest share of the North America electric vehicle wiring harness market in 2020. In terms of product type, the high voltage wiring harness segment held a larger market share of the North America electric vehicle wiring harness market in 2020. Further, the copper-clad wire segment held a larger share of the North America electric vehicle wiring harness market based on material type in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the North America electric vehicle wiring harness market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Coroplast Fritz Müller GmbH & Co. KG; Cypress Industries; Fujikura Ltd.; Furukawa Electric Co. Ltd.; Motherson Sumi Systems Ltd.; Nexans autoelectric GmbH; SINBON Electronics Co., Ltd.; Sumitomo Electric Industries, Ltd.; THB Group; and Yazaki Corporation among others.
Reasons to buy report
- To understand the North America electric vehicle wiring harness market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for North America electric vehicle wiring harness market
- Efficiently plan M&A and partnership deals in North America electric vehicle wiring harness market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America electric vehicle wiring harness market
- Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.
North America Electric Vehicle Wiring Harness Market Segmentation
North America Electric Vehicle Wiring Harness Market - By Vehicle Type
- Plug-in Hybrid Electric Vehicles (PHEV)
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicles (HEV)
- Fuel Cell Electric Vehicles (FCBEV)
North America Electric Vehicle Wiring Harness Market - By Product Type
- High Voltage Wiring Harness
- Medium Low Voltage Wiring Harness
North America Electric Vehicle Wiring Harness Market - By Material Type
- Copper-Clad Wire
- Aluminum Alloy Wire
- Glass Optical Fiber
- Plastic Optical Fiber
- Others
North America Electric Vehicle Wiring Harness Market - By Country
- US
- Canada
- Mexico
North America Electric Vehicle Wiring Harness Market - Company Profiles
- Coroplast Fritz Müller GmbH & Co. KG
- Cypress Industries
- Fujikura Ltd.
- Furukawa Electric Co. Ltd.
- Motherson Sumi Systems Ltd.
- Nexans autoelectric GmbH
- SINBON Electronics Co., Ltd.
- Sumitomo Electric Industries, Ltd.
- THB Group
- Yazaki Corporation
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Electric Vehicle Wiring Harness Market Landscape
4.1 Market Overview
4.2 North America PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. North America Electric Vehicle Wiring Harness Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Growing Electric Vehicle Sales with Advanced Features
5.1.2 Rising Demand for Lightweight Harness
5.2 Market Restraints
5.2.1 High Cost of Maintenance
5.3 Market Opportunities
5.3.1 Government Regulations for Enhanced Vehicle Safety Systems and E-mobility
5.4 Future Trends
5.4.1 Increasing Adoption of Super Charging Cables and Connectors
5.5 Impact Analysis of Drivers and Restraints
6. Electric Vehicle Wiring Harness Market – North America Analysis
6.1 North America Electric Vehicle Wiring Harness Market Overview
6.2 North America Electric Vehicle Wiring Harness Market Revenue Forecast and Analysis
7. North America Electric Vehicle Wiring Harness Market Analysis – By Vehicle Type
7.1 Overview
7.2 North America Electric Vehicle Wiring Harness Market, By Vehicle Type (2020 And 2028)
7.3 Plug-in hybrid Electric Vehicles (PHEV)
7.3.1 Overview
7.3.2 Plug-in hybrid Electric Vehicles (PHEV): Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
7.4 Battery Electric Vehicle
7.4.1 Overview
7.4.2 Battery Electric Vehicle (BEV): Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
7.5 Hybrid Electric Vehicle (HEV)
7.5.1 Overview
7.5.2 Hybrid Electric Vehicle (HEV): Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
7.6 Fuel Cell Electric Vehicle (FCEV)
7.6.1 Overview
7.6.2 Fuel Cell Electric Vehicle (FCEV): Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
8. North America Electric Vehicle Wiring Harness Market Analysis – By Product Type
8.1 Overview
8.2 North America Electric Vehicle Wiring Harness Market, By Product Type (2020 And 2028)
8.3 High Voltage Harness
8.3.1 Overview
8.3.2 High Voltage Harness: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
8.4 Medium Low Voltage Harness
8.4.1 Overview
8.4.2 Medium Low Voltage Harness: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
9. North America Electric Vehicle Wiring Harness Market Analysis – By Material Type
9.1 Overview
9.2 North America Electric Vehicle Wiring Harness Market, By Material Type (2020 and 2028)
9.3 Copper
9.3.1 Overview
9.3.2 Copper: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
9.4 Aluminium Alloy
9.4.1 Overview
9.4.2 Aluminium Alloy: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
9.5 Glass Optic Fibre
9.5.1 Overview
9.5.2 Glass optic Fibre: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
9.6 Plastic Optic Fibre
9.6.1 Overview
9.6.2 Plastic Optic Fibre: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
9.7 Others
9.7.1 Overview
9.7.2 Others: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
10. North America Electric Vehicle Wiring Harness Market – Country Analysis
10.1 Overview
10.1.1 North America: Electric Vehicle Wiring Harness Market, by Key Country
10.1.1.1 US: Electric Vehicle Wiring Harness Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 US: Electric Vehicle Wiring Harness Market, by Vehicle Type
10.1.1.1.2 US: Electric Vehicle Wiring Harness Market, by Product Type
10.1.1.1.3 US: Electric Vehicle Wiring Harness Market, by Material Type
10.1.1.2 Canada: Electric Vehicle Wiring Harness Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 Canada: Electric Vehicle Wiring Harness Market, by Vehicle Type
10.1.1.2.2 Canada: Electric Vehicle Wiring Harness Market, by Product Type
10.1.1.2.3 Canada: Electric Vehicle Wiring Harness Market, by Material Type
10.1.1.3 Mexico: Electric Vehicle Wiring Harness Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Mexico: Electric Vehicle Wiring Harness Market, by Vehicle Type
10.1.1.3.2 Mexico: Electric Vehicle Wiring Harness Market, by Product Type
10.1.1.3.3 Mexico: Electric Vehicle Wiring Harness Market, by Material Type
11. North America Electric Vehicle Wiring Harness Market - COVID-19 Impact Analysis
11.1 North America: Impact Assessment of COVID-19 Pandemic
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Coroplast Fritz Müller GmbH & Co. KG
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cypress Industries
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Fujikura Ltd.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Furukawa Electric Co. Ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Motherson Sumi Systems Ltd.
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 Nexans autoelectric GmbH
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 SINBON Electronics Co., Ltd.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 Sumitomo Electric Industries, Ltd.
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
13.9 THB Group
13.9.1 Key Facts
13.9.2 Business Description
13.9.3 Products and Services
13.9.4 Financial Overview
13.9.5 SWOT Analysis
13.9.6 Key Developments
13.10 Yazaki Corporation
13.10.1 Key Facts
13.10.2 Business Description
13.10.3 Products and Services
13.10.4 Financial Overview
13.10.5 SWOT Analysis
13.10.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Electric vehicle wiring harness Market Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: electric vehicle wiring harness Market Revenue Share, by Key Country (2020 and 2028)
Table 3. US: Electric Vehicle Wiring Harness Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Electric Vehicle Wiring Harness Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Electric Vehicle Wiring Harness Market, by Material Type–Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Electric Vehicle Wiring Harness Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Electric Vehicle Wiring Harness Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Electric Vehicle Wiring Harness Market, by Material Type–Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Electric Vehicle Wiring Harness Market, by Vehicle Type–Revenue and Forecast to 2028 (US$ Million)
Table 10. Mexico: Electric Vehicle Wiring Harness Market, by Product Type–Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Electric Vehicle Wiring Harness Market, by Material Type–Revenue and Forecast to 2028 (US$ Million)
Table 12. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Electric Vehicle Wiring Harness Market Segmentation
Figure 2. North America Electric Vehicle Wiring Harness Market Segmentation – By Country
Figure 3. North America Electric Vehicle Wiring Harness Market Overview
Figure 4. North America Electric Vehicle Wiring Harness Market, By Vehicle type
Figure 5. North America Electric Vehicle Wiring Harness Market, By Product type
Figure 6. North America Electric Vehicle Wiring Harness Market, By Material type
Figure 7. North America Electric Vehicle Wiring Harness Market, By Country
Figure 8. North America PEST Analysis
Figure 9. North America Electric Vehicle Wiring Harness Market- Ecosystem Analysis
Figure 10. North America Electric Vehicle Wiring Harness Market Impact Analysis of Drivers and Restraints
Figure 11. North America Electric vehicle wiring harness Market Revenue Forecast and Analysis (US$ Million)
Figure 12. North America Electric Vehicle Wiring Harness Market, By Vehicle Type (2020 And 2028)
Figure 13. North America Plug-in Hybrid Electric Vehicles (PHEV): Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America Battery Electric Vehicle (BEV): Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Hybrid Electric Vehicle (HEV): Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Fuel Cell Electric Vehicle (FCEV): Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Electric Vehicle Wiring Harness Market, By Product Type (2020 and 2028)
Figure 18. North America High Voltage Harness: Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. North America Medium Low Voltage Harness: Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Electric Vehicle Wiring Harness Market, By Material Type (2020 and 2028)
Figure 21. North America Copper: Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Aluminium Alloy: Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Glass Optic Fiber: Electric Vehicle Wiring Harness Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Plastic Optic Fiber: Electric Vehicle Wiring Harness MARKET REVENUE and Forecast to 2028 (US$ Million)
Figure 25. North America Others: Electric Vehicle Wiring Harness Market Revenue and Forecast To 2028 (US$ Million)
Figure 26. North America: Electric Vehicle Wiring Harness Market Revenue Overview, by Country (2020) (US$ Mn)
Figure 27. North America: electric vehicle wiring harness Market Revenue Share, by Key Country (2020 and 2028)
Figure 28. US: Electric Vehicle Wiring Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. Canada: Electric Vehicle Wiring Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Mexico: Electric Vehicle Wiring Harness Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Impact of Covid-19 Pandemic in North American Country Markets
- Coroplast Fritz Müller GmbH & Co. KG
- Cypress Industries
- Fujikura Ltd.
- Furukawa Electric Co. Ltd.
- Motherson Sumi Systems Ltd.
- Nexans autoelectric GmbH
- SINBON Electronics Co., Ltd.
- Sumitomo Electric Industries, Ltd.
- THB Group
- Yazaki Corporation
- Save and reduce time carrying out entry-level research by identifying the growth, size, leading players, and segments in the North America electric vehicle wiring harness market.
- Highlights key business priorities in order to assist companies to realign their business strategies
- The key findings and recommendations highlight crucial progressive industry trends in the North America electric vehicle wiring harness market, thereby allowing players across the value chain to develop effective long-term strategies
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
- Scrutinize in-depth North America market trends and outlook coupled with the factors driving the electric vehicle wiring harness market, as well as those hindering it
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing, and distribution