• Cable Harnesses Market Intelligence | Analysis, Trends, Forecast, Outlook

Cable Harnesses Market Description

The global market for cable harnesses is dominated by APAC and the trend is expected to continue until 2021. China leads the cable harness demand and holds around 30 percent of the global production. The major market drivers for cable harnesses include increasing demand for the interconnecting system in enterprise networking, subscriber equipment in telecom and power distribution, and powertrains in automotive. The market growth of cable harnesses has been hindered by the economic slowdown, regulatory policies, and rising raw material prices. A number of prominent industry players hold a significant amount of market share which creates a barrier for new entrants.

The report also provides an overview of the market outlook in regions such as the APAC, Japan, North America, and Europe. It also includes Porter’s five forces analysis on factors such as supplier power, buyer power, barriers to new entrants, the intensity of rivalry, and a threat of substitutes. It also explores the supply market outlook, supply trends & insights along factors like supply chain management, conflict minerals, operational efficiencies, and engagement trends. It also provides comprehensive profiles on prominent suppliers like Yazaki, Sumitomo Electric, Delphi Connection Systems, Motherson Sumi Systems, and Fujikura.

Beroe gathers intelligence through primary sources that include industry experts, researchers, and consultants, as well as current suppliers, producers and distributors. Secondary sources can include business journals, newsletters, magazines, market research data, company sources, and industry associations. Following data collation, analysis, and strategic review, the Final Research Report is published on Beroe LiVE.

Report Coverage

Supplier Profile
Cost Structure Analysis
Price Driver Analysis
Regional Market Outlook- North America, Europe, APeJ, Japan

Cable Harnesses Market Trend, Analysis & Forecast

Category Intelligence on Cable Harnesses covers the following

Information relating to market, supply, cost, and pricing analysis
Hard to find data on cost and TCO models, supplier details, and performance benchmarks
Macroeconomic and regional trends impacting cost, supply, and other market dynamics
Category-specific negotiation and sourcing advice

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Executive Summary

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Market Analysis

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Supply Analysis

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Cost & Pricing Analysis

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Best Practices

1. Cable Harnesses Executive Summary

1.1. Category Landscape
1.2 Regional Market Outlook
1.3 Supply Market Outlook & Cost Break-up

2. Cable Harnesses Market Analysis

2.1 Market Maturity
2.2 Market Size and Trend
2.3 Drivers and Constraints
2.4 Regional Market Outlook
2.5 Porter’sFive Forces Analysis

3. Cable Harnesses Supply Analysis

3.1 Supply Market Outlook
3.2 Key Player Market Share
3.3 Supplier Profile
3.4 Top 5 Suppliers Profile and SWOT Analysis

4. Cable Harnesses Cost and Pricing Analysis

4.1 Cost Structure Analysis
4.2 Price Driver Analysis
– Copper
– Aluminum
– Polypropylene
– Electricity
– Labor

5. Cable Harnesses Procurement Best Practices

5.1 Procurement Best Practices
5.2 Industry Practice Trends

Global Market Outlook on Cable Harnesses

APeJ has been dominating the cable harness market for the past 4 years and is expected to continue until 2021. China leads the demand holding around 30 percent of the global demand.Increasing demand for interconnect systems in enterprise networking, subscriber equipment in telecom and power distribution and power train in automotive are the major drivers for the cable harness market

cable-harnesses-market-size

Global Cable Harness - Market Maturity

Increasing demand for connectivity and internet protocol in emerging and developed countries and pent-up demand for automotive (especially cars) is expected to drive the cable harness market, globally. However, slowdown of economy and volatile raw material prices have been hindering the market growth in addition to several regulatory policies

Global Cable Harness Drivers and Constraints

Drivers

Growing demand for automotive (especially cars) at consumer level, especially in NA, Europe, and China, irrespective of the soft economies, is driving the automotive cable harness market
Increasing demand for connectivity and internet protocol in emerging and developed countries such as China, India, Germany, and the UK is expected to drive the telecom cable harness market, globally

Constraints

The medical, military, and aerospace sector demand for cable harness is reduced due to the austerity budgets for healthcare & defense, especially in developed countries like the US and Europe
Slowdown of economy, especially in Europe, China, and Japan is another constraint for the cable harness market. In addition to this, there is a reduced demand for computer, industrial, and consumer sectors due to cautious consumption by businesses and individuals
Volatility in copper and crude oil prices is expected to restrain the growth of cable harness market, globally. Such volatility in prices and increase in competition have created pressure on manufacturers’ profit margin due to which some of the global players in the industry focus on shifting to locations where the final products are being assembled

Porter’s Five Forces Analysis (Global)

Supplier Power

Global cable harness market is highly raw material and labor intensive
Copper, Aluminum and Plastics (PVC) are the major raw materials and are abundantly available, which makes the supplier power low
Similarly, the suppliers are fragmented in most of the regions, so high competition within the industry also makes the bargaining power of suppliers to be low

Buyer Power

Buyer power is highly supported by large number of players in the industry, which gives the buyer high options
Switching costs to buyers is also relatively low because of the availability of more number of suppliers and generic equals in many applications. However, in the automotive and transportation sector, wiring harness manufacturers work closely with automotive manufacturers to design & develop a harness system in line with the vehicle model requirement. Hence, they do not change suppliers frequently

Barriers to New Entrants

Advanced technologies makes it significantly difficult for new competitors to enter the market because they have to develop those technologies before effectively competing
In addition to this, there are several big brands holding a large amount of market share. The brand identity in the industry is high. This may also create a significant barrier to new entrants in the market
Thus, the overall barriers to new entrants in the cable harness market is moderate

Intensity of Rivalry

Nowadays, the value-adds by offering various types of connector assembly along with cable harness has been increasing. This makes all top brands to intensively compete with each other to offer more such value-adds to attract the customers
The exit barrier is relatively low, hence weak firms are more likely to leave the market. This will increase the profits for the remaining firms

Threat of Substitutes

Currently, there is no technology or product, which provides an alternative to cable harness from end-use/application point of view. Though there are wireless signal transmissions coming up, it may not create threat cable harness market for the next 10 years
Thus, threat from substitutes is likely to have minimum impact on the overall cable harness market