Market size in 2023 | US$ 11.1 billion |
Forecast Market size by 2030 | US$ 16.5 billion |
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Growth Rate | CAGR of 6.0% | Number of Pages | 115 Pages |
The global "Automotive Wire & Cable Market" was valued at US$ 11.1 billion in 2023 and is projected to reach US$ 16.5 billion by 2030, at a CAGR of 6.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Automotive wire and cable refer to the electrical wiring and cabling systems used in vehicles to transmit power and data. These components are essential for the operation of various automotive systems, including lighting, engine control, communication, and infotainment, ensuring reliable and safe vehicle functionality.
Consumer Demographics
Vehicle Types:
End-User Sectors:
Regional Insights
Consumer Preferences
Material Types:
Insulation Types:
Purchasing Behavior
Frequency of Purchase: On average, OEMs purchase automotive wire and cable components in bulk on a quarterly basis to meet production schedules. The aftermarket sees more frequent purchases, typically on a monthly basis for maintenance and repairs.
Channels of Distribution: Direct sales to OEMs account for 60% of total purchases. Distributors and wholesalers represent 30%, while online sales and specialty retailers make up 10%.
Technological Trends
Environmental and Health Concerns
This report studies the Automotive Wire & Cable market, covering market size for segment by type (Copper Core, Aluminum Core, etc.), by application (Body, Chassis, etc.), by sales channel (Direct Channel, Distribution Channel), by player (Yazaki, Sumitomo Electric, Delphi, LEONI, Lear, etc.) and by region (North America, Europe, Asia-Pacific, South America and Middle East & Africa).
This report provides detailed historical analysis of global market for Automotive Wire & Cable from 2018-2023, and provides extensive market forecasts from 2024-2032 by region/country and subsectors. It covers the sales/revenue/value, gross margin, historical growth and future perspectives in the Automotive Wire & Cable market.
Leading Players of Automotive Wire & Cable including:
Market split by Type:
Market split by Application:
Market split by Sales Channel:
Market split by Region/Country:
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Report Attributes | Report Details |
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Report Title | Automotive Wire & Cable Market by Player, Region, Type, Application and Sales Channel 2024-2030 |
Market size in 2023 | US$ 11.1 billion |
Forecast Market size by 2030 | US$ 16.5 billion |
Growth Rate | CAGR of 6.0% |
Historical Year | 2018 to 2022 (Data from 2010 can be provided as per availability) |
Base Year | 2023 |
Forecast Year | 2031 |
Number of Pages | 115 Pages |
Customization Available | Yes, the report can be customized as per your need. |
Frequently Asked Questions ?