TechNavio today launched its report Global Automotive Wiring Harness Market 2011-2015 based on an in-depth study covering the Americas, and the EMEA and APAC regions. The report aims to aid decision makers’ understanding of the significant trends impacting this market.
Commenting on the report, an analyst from TechNavio’s Automotive team said: ”The increasing growth of the Global Transportation market is expected to further propel the growth of the Global Automotive Wiring Harness market. Thus, the future of the Global Automotive Wiring Harness market looks promising with many innovative products being introduced by automotive wiring harness manufacturers.”
According to the report, although the Global Automotive Wiring Harness market has many growth drivers, one of the major drivers is the increasing demand for electric vehicles. The steady growth of the Global Electric Vehicle market has increased the demand for automotive wiring harnesses, and this is likely to continue during the period 2011-2015.
Further, the report discusses that the cost-cutting measures of various automobile manufacturers are one of the major challenges confronting the market.
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 players. For further information on this report, please visit http://goo.gl/ougi9
TechNavio, the market research platform of Infiniti Research Ltd, publishes periodic reports on niche and emerging technologies. For more information on our Automotive market research, please visit https://www.technavio.com/automotive
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