DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/qd6jc7/global_and) has announced the addition of the "Global and Chinese Automotive Wiring Harness Industry Report, 2013" report to their offering.
The global automotive wiring harness market value climbs 2.3% to USD40.3 billion in 2013, and is expected to reach USD41 billion in 2014, up 1.6% over 2013. The slow growth is caused by many reasons. The market share of two major Japanese players of automotive wiring harness totals more than 50%, while Japanese Yen devaluates by 24% in 2013, resulting in a significant decline in the market value counted in the U.S. dollar. Also, due to the decline in copper prices as well as the continuous lawsuits against wiring harness price manipulating, manufacturers are forced to reduce prices to please customers.
After the United States fined several large automotive wiring harness companies who controlled prices, the European Union penalized four wiring harness suppliers (Yazaki, Yazaki's European subsidiary SY System Tech, Leoni and Furukawa Electric) with EUR142 million in July 2013. Yazaki suffered the most penalty of EUR125 million, followed by SY System Tech who paid EUR11.05 million, Furukawa Electric EUR4 million and Leoni EUR1.3 million. Sumitomo Electric was exempted from penalty because it reported Cartel monopoly to the European Union.
In 2013, the most prominent change in the automotive wiring harness market lies in the poor performance of large manufacturers and the excellent performance of medium and small manufacturers. Top three players Yazaki, Sumitomo and Delphi offer high and inflexible prices. With the launch of a large number of high-quality automotive connectors, the technical threshold to automotive wiring harness is lowered. Due to the low output, small and medium-sized automotive manufacturers prefer small and medium-sized automotive wiring harness suppliers or self-production to control costs strictly.
Key Topics Covered
1 Global and Chinese Automotive Market
1.1 Global Automotive Market
1.2 Global Automotive Industry
2 Chinese Automotive Market
2.1 Overview of Chinese Automotive Market
2.2 Status Quo of Chinese Automotive Market
2.3 China Automotive Industry
3 Automotive Wiring Harness Market
3.1 Global Automotive Wiring Harness Market
3.2 Chinese Automotive Wiring Harness Market
3.3 Global Automotive Wiring Harness Industry
3.4 China Automotive Wiring Harness Industry
4 Automotive Wiring Harness Manufacturers
Companies Mentioned
Examples of companies mentioned include:
- Beijing Yura
- Changchun Furukawa Automotive Wiring Harness
- Chongqing Jin-Zhu Wiring Systems
- Coroplast Harness Technology (Taicang)
- Delphiai
- Foshan Shunde Yazaki Auto Parts
- Fujian JK Wiring Systems
- Fujikura
- Fuzhou Zhu Wiring Systems
- Gold Peak Industries
- Hangzhou Yazaki
- Hefei JAC Xinfa
- Huizhou Sumitomo Wiring Systems
- Jiangsu Kyungshin Electronic
- Leoni
- Nantong Unistar Wiring Harness
- PKC
- Qingdao Kyungshin Electronic
- Qingdao Yujin Electro-Circuit Systems
- Rongcheng Yura Electric
- Shanghai Jinting Automobile Harness
- Suzhou Bordnetze Electrical Systems
- Tianjin Jin-Zhu Wiring Systems
- Weihai Yura
- Wuhan Lear-DFM Auto Electric
- Yantai Yazaki
- Yazaki
For more information, including table of contents and full list of companies mentioned, please visit http://www.researchandmarkets.com/research/qd6jc7/global_and
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