Technology News, IT News, and Press release service Submit Press Release

Information Tech News & Press Release Distribution

Press release distribution service

Home | Search Global IT News:
IT News & Press Release Distribution:

Global and China Automotive Wiring Harness Industry Report, 2014-2015

 



(IT-NEWSWIRE.COM, June 10, 2015 ) Call 866-997-4948 (Us-Canada Toll Free) Tel: +1-518-618-1030 with your industry research requirements or email the details on sales(at)researchmoz(dot)us
ResearchMoz.us has announced the addition of a new research study on the global automotive wiring harness industry, titled “Global and China Automotive Wiring Harness Industry Report, 2014-2015”. The report states that the global and China market of automotive wiring harness is expected to observe sluggish growth in 2015, at an estimated CAGR of nearly 1.3% and attain net worth of nearly US$43.5 billion by the end of 2015.
To Browse a Full Report with TOC: http://www.researchmoz.us/global-and-china-automotive-wiring-harness-industry-report-2014-2015-report.html
The report presents a detailed account of the global market of automotives and the global market and industry of automotive wiring harness, with primary focus on the Chinese segments of these markets and industries. The report also includes detailed financial and strategical overview of 18 major companies operating in the global automotive wiring harness marketplace.
During review period, the report observes that the global and Chinese markets of automotive wiring harness have gone through a dramatic downfall in demands, from a significantly high growth rate only 4 years back to nearing a complete downfall in current times. The report states that the market totaled nearly US$24.3 billion in 2009, and observed a rebound in 2010, owing primarily to high demand from the China’s automotive wiring harness market and skyrocketing prices of copper. In this one-year duration, the market achieved a nearly 27% rise and stood at US$31.9 billion.
The market continued its rise in the year 2011 as well, albeit at a slower pace. Market growth was supported largely by the increasing prices of copper in the commodity market and improved electronization in automobiles. The global and Chinese markets of automotive wiring harness achieved good growth in 2012 owing to modest demands from xEV, North America and Japanese markets. However, the growth was only 10.5% in the entire year.
The year 2013 brought a heavy slump to the wiring harness market wherein factors such as declined automobile sales in Europe, slumping prices of copper in the global commodity market, and the sluggishly moving European economy brought demands significantly down. The market increased at a mere 3.3% CAGR in this year. The year 2014 brought no positive effect to the sluggish European economy and the Chinese automotive market. As a result, the overall automotive wiring harness market was expected to continue its slow growth in 2014 as well. The report states that the continuous decline in copper prices and a weakening Japanese Yen will restrict market growth only to 2.6% in 2014.
It is estimated that copper prices will continue to decline in 2015, Chinese automotive market will continue sluggish growth, European market will continue to face depression, and only American market will present better growth prospects. The market is also expected to be hit by a number of lawsuits against price manipulation practices, forcing the market to lower prices. Thus the overall automotive wiring harness market will continue to move on slow-moving grounds and attain growth at a CAGR of a mere 1.3% and reach US$43.5 billion by the end of 2015.
Strict pricing and regulatory policies have already led leading automotive wiring harness manufacturers and marketers in shifting their bases and reducing investments from the Chinese market to other countries. Three big names in the marketplaces, including Yazaki, SEI, and Furukawa Electric obtained nominal profits from their business bases in Mainland China. Thus, these Japanese companies strengthened their investments in Southeastern and North American automotive wiring harness markets.
All Reports of this Category Here: http://www.researchmoz.us/machines-market-reports-120.html
Contact Us:
For More Information Kindly Contact:
Email: sales(at)researchmoz(dot)us

Researchmoz Global Pvt.Ltd

Researchmoz

+1-518-618-1030

sales@researchmoz.us

Source: EmailWire.Com

Source: EmailWire.com

Information Technology Resources
  • Application Software
  • Bioinformatics
  • Computers
  • Computer Games
  • Enterprise Software
  • Graphics/Printing/CAD
  • Hardware/Peripheral
  • industrial Computers
  • Information
  • Internet
  • Multimedia
  • Networking
  • Public Sector
  • Robotics
  • Semiconductor
  • Software
  • Telecommunications
  • Webmaster
  • Information Technology (IT) Advertisement
    Information Technology Sponsors



    Information Technology Publications
    We are pleased to offer you this exciting, new, and entirely free professional resource. Visit our Free Information Technology resource center today to browse our selection of 600+ complimentary Information Technology magazines, white papers, webinars, podcasts, and more. Get popular titles including:

    The Integration Journey—a Field Guide to Enterprise Integration for SOA
    Government Technology\'s Public CIO
    Protecting Content During Business Disruption: Are You Covered?

    No credit cards, coupons, or promo codes required. Try it today!

    Press release distribution service

    ITPresswire.com is part of GropWeb Network, online properties of GroupWeb Media LLC. Copyright © GroupWeb Media LLC. All Rights Reserved.

    :: Home: :: Submit Press Release :: Subscribe to News :: Shop Online :: Contact Us :: Help

    For unlimited press release distribution for $99 per month, call (281) 645-4086 or start posting your press releases online at EmailWire.com.
    Copyright 2008 GroupWeb Media LLC
    GroupWeb Media Network

    Aviation-NewsWire | ArtNewsWire | Auction NewsWire | CRM NewsWire | ePhotoNewsWire | Energy Industry | EstateNewsWire | Entertainment-NewsWire.com | Food Beverage News | Glamour NewsWire | Health NewsWire | Hosting NewsWire | i-Auto NewsWire | i-Business News | i-Homeland Security.Com | iMac-NewsWire.Com | i-Press-Release-Service | i-SoftwareNews.com | iT-NewsWire.Com
    | i-TravelNewsWire.Com | MoneyNewsWire.Net | Movie-Stars-News.Com | MSNewsWire.Net | PharmaNewsWire.Com | Publishing-NewsWire.Com | RSSNewsWire.Net | Telecom-NewsWire.Net | Transportation-News.Com | USGovernment-News.Com | WebPosters.Net | Wireless-NewsWire.Com | VoIPNewsWire.Net | XSportsWorld.Net
    ITPresswire.com - Newswire and Press Release service of GroupWeb Media LLC