The
Wiring Harness is a cluster of electrical cables in a well organized manner
which supports in supplying power to several electronic and electrical devices
and in the transmitting of signals. It is generally used in railway coaches and
locomotive engines to reduce and control the effect of the vibrations. In
trains, it is specifically installed where there is the possibility of
abrasion. Railway wiring harness is broadly applicable due to the adoption of
internet services such as LAN for communication. The railway wiring harness
market has an enormous potential to develop, owing to the rising security and
administration frameworks across the world. In addition, growing smart city
projects as well as could be projected expanding rail line projects are
likewise to a great extent impacting the development of the railway wiring
harness market. Furthermore, the implementation of the wiring bridle for safe
force transmission with the minimum spillages is another driver propels the
development of the Railway Wiring Harness Market, which thusly is driving the growth
of the Railway Wiring Harness Market. With the increasing levels of
urbanization across the world, there has been a need for a modest and effective
method of transportation which has brought about an growth in the selection of
railways, which has therefore prompted a focus on the turn of events and
establishment of railroad lines on several areas by the authorities, these
factors will propel the global Railway Wiring Harness Market. In addition, the increasing
awareness among the population resulted in introduction of safety service
systems to create a positive impact on the market growth. Additionally, the rising
improvements and rapid changes in the pursuit for an expansion of economies, consistency,
energy effectiveness and worth of railroad foundation and transport will further
support the development of the Railway Wiring Harness Market over forecasted
period. On contrary, the rising issues associated to corrosion due to the
changing weather conditions will hamper market growth.
Besides, the developed countries have established plans for
the advancement of driverless train networks, which is projected to accelerate
the growth of the transportation sector. Countries such as China, South Korea, India,
the US, the UK, Mexico, Brazil, and South Africa are planning to transform
their rail networks with the introduction of driverless trains. Thus, the
trend of driverless train is likely to create opportunity for the market growth.
The
global Railway Wiring Harness Market is segregated on the basis of component as
Wire, Connector, Terminal and Others. Based on Material the global Railway
Wiring Harness Market is segmented in Aluminum, Copper and Others. Based on Voltage
the global Railway Wiring Harness Market is segmented in Low Voltage (Up to
1000V), Medium Voltage (1000V to 25kV) and High Voltage (25kV to 230 kV). Based
on Train Type the global Railway Wiring Harness Market is segmented in Metro
Rail Transit/Monorail, Light Rail Transit, High-Speed Rail/Bullet Rail and Others.
Based on Application the global Railway Wiring Harness Market is segmented in HVAC
Harness, Lighting Harness, Brake Harness, Engine Harness, Infotainment Harness,
Transaction System Harness and Others.
The
global Railway Wiring Harness Market report provides geographic analysis
covering regions, such as Europe, North America, Asia Pacific, and Rest of The
World. The Railway Wiring Harness Market for each region is further segmented
for major countries including the U.S., Canada, Germany, the U.K., France,
Italy, China, India, Japan, Brazil, South Africa, and others.
Competitive Analysis
Advanced
Transit Manufacturing, Fortitude Industries, Inc., Alvern Cables, Furukawa
Electric Co., Ltd., AQ Group and others are among the major players in the
global Railway Wiring Harness Market. The companies studied in terms of product
strategy and various n several growth and expansion strategies to gain a
competitive edge in the market. The major players not only follow value chain
integration with business operations in multiple stages of the value chain.
- In July
2020, Leoni, the global solution provider for power and data management in the
automotive, railway and other industries has developed two new cables for the
industrial data transmission standard Single Pair Ethernet (SPE), which can be utilized
in the applications of drag chain and torsion. This makes Leoni the first cable
producer globally to bring these cables to market.
- In March
2021, Nexans expanded its long-term partnership with RATP (the state-owned
operator of the Paris public transport systems) by receiving a two-year
contract to provide specialized railway cables and logistics services to
upgrade the fire-safety, reliability and performance of the city’s metro and
tram networks. The contract will see a total of around 4,800 km of Nexans
cables installed in tunnels including on-board rolling stock across the
Île-de-France region, along with the prestigious Grand Paris Express project.
The global Railway Wiring Harness Market has been
segmented as below:
Railway
Wiring Harness Market, By Component
- Wire
- Connector
- Terminal
- Others
Railway
Wiring Harness Market, By Material
Railway
Wiring Harness Market, By Voltage
- Low Voltage (Up to 1000V)
- Medium Voltage (1000V to 25kV)
- High Voltage (25kV to 230 kV)
Railway
Wiring Harness Market, By Train Type
- Metro Rail Transit/Monorail
- Light Rail Transit
- High-Speed Rail/Bullet Rail
- Others
Railway
Wiring Harness Market, By Application
- HVAC Harness
- Lighting Harness
- Brake Harness
- Engine Harness
- Infotainment Harness
- Transaction System Harness
- Others
Railway
Wiring Harness Market, By Region
- Europe
- North America
- Asia Pacific
- Rest of The World
Railway
Wiring Harness Market, By Company
- Advanced Transit Manufacturing
- Fortitude Industries, Inc.
- Alvern Cables
- Furukawa Electric Co., Ltd.
- AQ Group
- CMI
- Deca Cables
- Elcowire Group
- Gaon Cable
- GPC
- Helukabel
- Hitachi Ltd.
- Huber+Suhner
- IEWC
- Jiangnan Group
- KEI Industries
- Leoni
- LS Cable & System Ltd
- Milrail
- Nexans
- Tecnikabel
- TE Connectivity
- Taihan Wire Co, Ltd.
- Samvardhana Motherson International Limited
- Prysmian Group
The
report covers the below scope:
- Global Railway Wiring Harness
Market sizes from 2020 to 2026, along with CAGR for 2020-2026
- Market size comparison for 2019 vs
2026, with actual data for 2019, estimates for 2019 and forecast from 2020 to
2026
- Global Railway Wiring Harness
Market trends, covering comprehensive range of consumer trends &
manufacturer trends
- Value chain analysis covering
participants from raw material suppliers to the downstream buyer in the global Railway
Wiring Harness Market
- Major market opportunities and
challenges in forecast timeframe to be focused
- Competitive landscape with analysis
on competition pattern, portfolio comparisons, development trends and strategic
management
- Comprehensive company profiles of
the key industry players
The
years considered for the study are as follows:
- Base year - 2019
- Estimated year - 2019
- Projected year - 2020
- Forecast period - 2021 to 2026
Report
Scope:
The global Railway Wiring Harness Market report
scope includes detailed study covering underlying factors influencing the
industry trends. The report covers analysis on regional and country level
market dynamics. The scope also covers competitive overview providing company
market shares along with company profiles for major revenue contributing
companies. The report scope includes detailed competitive outlook covering
market shares and profiles key participants in the global Railway Wiring
Harness Market share. Major industry players with significant revenue share
include Advanced Transit Manufacturing, Fortitude
Industries, Inc., Alvern Cables, Furukawa Electric Co., Ltd., AQ Group and others.
Why to
Buy this Report:
- Gain detailed insights on the Railway Wiring Harness industry trends
- Find complete analysis on the
market status
- Identify the Railway Wiring Harness
Market opportunities and growth segments
- Analyse competitive dynamics by
evaluating business segments & product portfolios
- Facilitate strategy planning and
industry dynamics to enhance decision making
Target
Audience:
- The report targeted towards the existing players in
the industry is as follows:
- Market Manufacturers/Service
Providers
- Market Wholesale/Traders
- Investment and Financial
Institutions
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