Global Railway Wiring Harness Market Size, Trends and Growth Opportunity, By Cable Type (Transmission Cable, Power Cable, Jumper Cable, Others), Component (Connect, Wire, Terminal, Others), Length (Less Than 5.0 Feet, 1-10.0 Feet, 1-15.-0 Feet, 1-20.0 Feet, More Than 20.01 Feet), Material (Aluminum, Copper, Others), Voltage (High, Medium, Low), Train Type (Light Rail, High Speed Rail/Bullet Train, Metro/Monorail), Application (Lighting Harness, Brake Harness, Engine Harness, HVAC Harness, Traction System Harness, Infotainment Harness, Others), Distribution Channel (OEMs, Aftermarket), By Region and Forecast Till 2027.
Report ID : IR1001788 | Industries : Automotive and Transportation | Published On :June 2024 | Page Count : 160
Global Railway Wiring Harness Market Size, Trends and Growth Opportunity, By Cable Type (Transmission Cable, Power Cable, Jumper Cable, Others), Component (Connect, Wire, Terminal, Others), Length (Less Than 5.0 Feet, 1-10.0 Feet, 1-15.-0 Feet, 1-20.0 Feet, More Than 20.01 Feet), Material (Aluminum, Copper, Others), Voltage (High, Medium, Low), Train Type (Light Rail, High Speed Rail/Bullet Train, Metro/Monorail), Application (Lighting Harness, Brake Harness, Engine Harness, HVAC Harness, Traction System Harness, Infotainment Harness, Others), Distribution Channel (OEMs, Aftermarket), By Region and Forecast Till 2027.
Global Railway Wiring Harness Market
Global Railway Wiring Harness Market was valued at USD 1.5 billion in 2021 and is slated to reach at USD 5.1 billion by 2027 at a CAGR of 7.4 % from 2022-2027.
The railway wiring harness is typically a collection of cables and wires that have been trimmed to meet the needs of the component as well as the devices. These wires are connected to the transmitter in order to receive the desired result.
Market Drivers
Rising railway-related projects as a result of rapid urbanization and rising economic growth are the primary factors driving market growth over the forecasted period. The governments of countries such as India, China, and others in the Asia-Pacific region have been expanding their existing rail infrastructures in order to improve overall rail connectivity and initiate enhanced transporting modes. All of these factors are propelling the railway wiring harness market forward. The increasing need to install wiring harness in railways for safe power transmission is driving market growth over the forecasted period. Railway wiring harness safety initiatives are important because they are bundled together and manufactured to serve a specific purpose, and factors such as corrosion or others can cause the harness to malfunction. These initiatives ensure the proper and efficient operation and management of the railway wiring harness. Hence, these initiatives are driving the growth of the market over the forecasted period.
Market Restraints
Corrosion in electrical wiring systems caused by environmental changes has been a major problem. Corrosion can reduce voltage and current flow, which can be misinterpreted by a sensor as a system fault. The fault can cause safety systems such as computer-based train control and positive train control to fail. To standardize the manufacturing process, rail manufacturers tightly bundle wiring harnesses. This causes wires to wear out and increases the likelihood of a fire. The majority of trains operate in an open environment that is susceptible to changes in weather conditions. Water leaks wear out wires and can cause internal wire corrosion, resulting in malfunctions of various train systems. Wiring harness corrosion can thus be a significant impediment to the railway wiring harness market.
Impact of COVID-19
The corona virus outbreak is expected to have a significant impact on the market. The railway wiring harness market's manufacturing units were forced to close due to restrictions imposed during the pandemic's lockdown, and new aircraft deliveries were also impacted negatively. Despite the lack of skilled professionals, the market is expected to grow in manufacturing and production units during the post-pandemic era due to the lifting of restrictions following the lockdown.
Recent Developments
Leoni AG, a global provider of energy and data management solutions, services, and products, sold significant portions of its business to BizLink in 2022. The financed transaction will significantly improve the firm's financial situation.
Market Segmentation
The global railway wiring harness market is segmented into cable type, component, length, material, voltage, train type, application, distribution channel. By cable type such as transmission cable, power cable, jumper cable, others. By component such as connect, wire, terminal, others. By length such as less than 5.0 feet, 1-10.0 feet, 1-15.-0 feet, 1-20.0 feet, more than 20.01 feet. By material such as aluminum, copper, others. By voltage such as high, medium, low. By train type such as light rail, high speed rail/bullet train, metro/monorail. By application such as lighting harness, brake harness, engine harness, HVAC Harness, Traction System Harness, Infotainment Harness, Others. By distribution channel such as OEMS, aftermarket.
Regional Analysis
The global railway wiring harness market is divided into five regions: Americas, Europe, Asia-Pacific, and the Middle East & Africa. Asia-Pacific is the second-largest market for the rail industry and is home to both emerging and developed economies such as China, India, and Japan. The region is expected to experience significant growth in the urban rail and mainline infrastructure construction markets, primarily due to the region's industrial growth and urbanization in developing countries like China and India, where public transportation is widely used. Europe dominates the railway wiring harness market due to its increased investments in railway infrastructure.
Key Players
This report includes a list of numerous Key Players, namely Motherson. (India), NKT A/S (Denmark), GAON CABLE Co. (South Korea), Alvern Cables (South Africa), KEI Industries Limited (India), TE Connectivity. (Switzerland), IEWC (U.S.), Milrail (Canada), FURUKAWA ELECTRIC CO., LTD. (Japan), HELUKABEL GmbH (Germany).
Market Taxonomy
By Cable Type
• Transmission Cable
• Power Cable
• Jumper Cable
• Others
By Component
• Connect
• Wire
• Terminal
• Others
By Length
• Less Than 5.0 Feet
• 1-10.0 Feet
• 1-15.-0 Feet
• 1-20.0 Feet
• More Than 20.01 Feet
By Material
• Aluminum
• Copper
• Others
By Voltage
• High
• Medium
• Low
By Train Type
• Light Rail
• High Speed Rail/Bullet Train
• Metro/Monorail
By Application
• Lighting Harness
• Brake Harness
• Engine Harness
• HVAC Harness
• Traction System Harness
• Infotainment Harness
• Others
By Distribution Channel
• OEMs
• Aftermarket
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa.
Global Railway Wiring Harness Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Railway Wiring Harness Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Railway Wiring Harness Market, By Cable Type
5.1 Y-o-Y Growth Comparison, By Cable Type
5.2 Global Railway Wiring Harness Market Share Analysis, By Cable Type
5.3 Global Railway Wiring Harness Market Size and Forecast, By Cable Type
5.3.1 Transmission Cable
5.3.2 Power Cable
5.3.3 Jumper Cable
5.3.4 Others
6 Global Railway Wiring Harness Market, By Material
6.1 Y-o-Y Growth Comparison, By Material
6.2 Global Railway Wiring Harness Market Share Analysis, By Material
6.3 Global Railway Wiring Harness Market Size and Forecast, By Material
6.3.1 Aluminum
6.3.2 Copper
6.3.3 Others
7 Global Railway Wiring Harness Market, By Component
7.1 Y-o-Y Growth Comparison, By Component
7.2 Global Railway Wiring Harness Market Share Analysis, By Component
7.3 Global Railway Wiring Harness Market Size and Forecast, By Component
7.3.1 Connect
7.3.2 Wire
7.3.3 Terminal
7.3.4 Others
8 Global Railway Wiring Harness Market, By Length
8.1 Y-o-Y Growth Comparison, By Length
8.2 Global Railway Wiring Harness Market Share Analysis, By Length
8.3 Global Railway Wiring Harness Market Size and Forecast, By Length
8.3.1 Less Than 5.0 Feet
8.3.2 1-10.0 Feet
8.3.3 1-15.-0 Feet
8.3.4 1-20.0 Feet
8.3.5 More Than 20.01 Feet
9 Global Railway Wiring Harness Market, By Voltage
9.1 Y-o-Y Growth Comparison, By Voltage
9.2 Global Railway Wiring Harness Market Share Analysis, By Voltage
9.3 Global Railway Wiring Harness Market Size and Forecast, By Voltage
9.3.1 High
9.3.2 Medium
9.3.3 Low
10 Global Railway Wiring Harness Market, By Train Type
10.1 Y-o-Y Growth Comparison, By Train Type
10.2 Global Railway Wiring Harness Market Share Analysis, By Train Type
10.3 Global Railway Wiring Harness Market Size and Forecast, By Train Type
10.3.1 Light Rail
10.3.2 High Speed Rail/Bullet Train
10.3.3 Metro/Monorail
11 Global Railway Wiring Harness Market, By Application
11.1 Y-o-Y Growth Comparison, By Application
11.2 Global Railway Wiring Harness Market Share Analysis, By Application
11.3 Global Railway Wiring Harness Market Size and Forecast, By Application
11.3.1 Lighting Harness
11.3.2 Brake Harness
11.3.3 Engine Harness
11.3.4 HVAC Harness
11.3.5 Traction System Harness
11.3.6 Infotainment Harness
11.3.7 Others
12 Global Railway Wiring Harness Market, By Distribution Channel
12.1 Y-o-Y Growth Comparison, By Distribution Channel
12.2 Global Railway Wiring Harness Market Share Analysis, By Distribution Channel
12.3 Global Railway Wiring Harness Market Size and Forecast, By Distribution Channel
12.3.1 OEMs
12.3.2 Aftermarket
13 Global Railway Wiring Harness Market, By Region
13.1 Global Railway Wiring Harness Market Share Analysis, By Region
13.2 Global Railway Wiring Harness Market Size and Forecast, By Region
14 North America Railway Wiring Harness Market Analysis and Forecast (2022-2027)
14.1 Introduction
14.2 North America Railway Wiring Harness Market Share Analysis, By Cable Type
14.3 North America Railway Wiring Harness Market Share Analysis, By Material
14.4 North America Railway Wiring Harness Market Share Analysis, By Component
14.5 North America Railway Wiring Harness Market Share Analysis, By Length
14.6 North America Railway Wiring Harness Market Share Analysis, By Voltage
14.7 North America Railway Wiring Harness Market Share Analysis, By Train Type
14.8 North America Railway Wiring Harness Market Share Analysis, By Application
14.9 North America Railway Wiring Harness Market Share Analysis, By Distribution Channel
14.10 North America Railway Wiring Harness Market Size and Forecast, By Country
14.10.1 U.S.
14.10.2 Canada
14.10.3 Mexico
15EuropeRailway Wiring Harness Market Analysis and Forecast (2022-2027)
15.1 Introduction
15.2 Europe Railway Wiring Harness Market Share Analysis, By Cable Type
15.3 Europe Railway Wiring Harness Market Size and Forecast, By Material
15.4 Europe Railway Wiring Harness Market Size and Forecast, By Component
15.5 Europe Railway Wiring Harness Market Size and Forecast, By Length
15.6 Europe Railway Wiring Harness Market Size and Forecast, By Train Type
15.7 Europe Railway Wiring Harness Market Size and Forecast, By Voltage
15.8Europe Railway Wiring Harness Market Size and Forecast, By Application
15.9 Europe Railway Wiring Harness Market Size and Forecast, By Distribution Channel
15.10Europe Railway Wiring Harness Market Size and Forecast, By Country
15.10.1 Germany
15.10.2 France
15.10.3 UK
15.10.4. Rest of Europe
16Asia Pacific Railway Wiring Harness Market Analysis and Forecast (2022-2027)
16.1 Introduction
16.2 Asia Pacific Railway Wiring Harness Market Share Analysis, By Cable Type
16.3 Asia Pacific Railway Wiring Harness Market Size and Forecast, By Material
16.4 Asia Pacific Railway Wiring Harness Market Size and Forecast, By Component
16.5 Asia Pacific Railway Wiring Harness Market Size and Forecast, By Length
16.6 Asia Pacific Railway Wiring Harness Market Size and Forecast, By Train Type
16.7 Asia Pacific Railway Wiring Harness Market Size and Forecast, By Voltage
16.8 Asia Pacific Railway Wiring Harness Market Size and Forecast, By Application
16.9 Asia Pacific Railway Wiring Harness Market Size and Forecast, By Distribution Channel
16.10Asia Pacific Railway Wiring Harness Market Size and Forecast, By Country
16.10.1 China
16.10.2 Japan
16.10.3 India
16.10.4. Rest of Asia Pacific
17Latin America Railway Wiring Harness Market Analysis and Forecast (2022-2027)
17.1 Introduction
17.2 Latin America Railway Wiring Harness Market Share Analysis, By Cable Type
17.3 Latin America Railway Wiring Harness Market Share Analysis, By Material
17.4 Latin America Railway Wiring Harness Market Share Analysis, By Component
17.5 Latin America Railway Wiring Harness Market Share Analysis, By Length
17.6 Latin America Railway Wiring Harness Market Share Analysis, By Voltage
17.7 Latin America Railway Wiring Harness Market Share Analysis, By Train Type
17.8 Latin America Railway Wiring Harness Market Share Analysis, By Application
17.9 Latin America Railway Wiring Harness Market Share Analysis, By Distribution Channel
17.10 Latin America Railway Wiring Harness Market Size and Forecast, Country
17.10.1. Brazil
17.10.2.Rest of Latin America
18 Middle East Railway Wiring Harness Market Analysis and Forecast (2022-2027)
18.1 Introduction
18.2 Middle East Railway Wiring Harness Market Share Analysis, By Cable Type
18.3 Middle East Railway Wiring Harness Market Size and Forecast, By Material
18.4 Middle East Railway Wiring Harness Market Size and Forecast, By Component
18.5 Middle East Railway Wiring Harness Market Size and Forecast, By Length
18.6 Middle East Railway Wiring Harness Market Size and Forecast, By Voltage
18.7 Middle East Railway Wiring Harness Market Size and Forecast, By Train Type
18.8 Middle East Railway Wiring Harness Market Size and Forecast, By Application
18.9 Middle East Railway Wiring Harness Market Size and Forecast, By Distribution Channel
18.10Middle East Railway Wiring Harness Market Size and Forecast, By Country
18.10.1. Saudi Arabia
18.10.2. UAE
18.10.3. Egypt
18.10.4. Kuwait
18.10.5. South Africa
19Competitive Analysis
19.1 Competition Dashboard
19.2 Market share Analysis of Top Vendors
19.3 Key Development Strategies
20Company Profiles
20.1 Motherson. (India)
20.1.1 Overview
20.1.2 Offerings
20.1.3 Key Financials
20.1.4 Business Segment & Geographic Overview
20.1.5 Key Market Developments
20.1.6 Key Strategies
20.2. NKT A/S (Denmark)
20.2.1 Overview
20.2.2 Offerings
20.2.3 Key Financials
20.2.4 Business Segment & Geographic Overview
20.2.5 Key Market Developments
20.2.6 Key Strategies
20.3. GAON CABLE Co. (South Korea)
20.3.1 Overview
20.3.2 Offerings
20.3.3 Key Financials
20.3.4 Business Segment & Geographic Overview
20.3.5 Key Market Developments
20.3.6 Key Strategies
20.4 Alvern Cables (South Africa)
20.4.1 Overview
20.4.2 Offerings
20.4.3 Key Financials
20.4.4 Business Segment & Geographic Overview
20.4.5 Key Market Developments
20.4.6 Key Strategies
20.5 KEI Industries Limited (India)
20.5.1 Overview
20.5.2 Offerings
20.5.3 Key Financials
20.5.4 Business Segment & Geographic Overview
20.5.5 Key Market Developments
20.5.6 Key Strategies
20.6 TE Connectivity. (Switzerland)
20.6.1 Overview
20.6.2 Offerings
20.6.3 Key Financials
20.6.4 Business Segment & Geographic Overview
20.6.5 Key Market Developments
20.6.6 Key Strategies
20.7 IEWC (U.S.)
20.7.1 Overview
20.7.2 Offerings
20.7.3 Key Financials
20.7.4 Business Segment & Geographic Overview
20.7.5 Key Market Developments
20.7.6 Key Strategies
20.8 Milrail (Canada)
20.8.1 Overview
20.8.2 Offerings
20.8.3 Key Financials
20.8.4 Business Segment & Geographic Overview
20.8.5 Key Market Developments
20.8.6 Key Strategies
20.9 FURUKAWA ELECTRIC CO., LTD. (Japan)
20.9.1 Overview
20.9.2 Offerings
20.9.3 Key Financials
20.9.4 Business Segment & Geographic Overview
20.9.5 Key Market Developments
20.9.6 Key Strategies
20.10 HELUKABEL GmbH (Germany)
20.10.1 Overview
20.10.2 Offerings
20.10.3 Key Financials
20.10.4 Business Segment & Geographic Overview
20.10.5 Key Market Developments
20.10.6 Key Strategies