The Global Railway Wiring Harness Market is estimated to reach USD 4 Billion in 2025 at a CAGR of 8.9 %.
The wire harness is a set of electrical cables and wires bundled together mainly for signal transmission and providing electric power supply. It is also called as cable assembling or wiring loom. In Railways, wiring harness plays an important role as they can be installed as one unit instead of one wire at a time, this helps to save space and increase the overall safety. These harnesses can be designed as per the geometric and electrical requirements and thus can be used in metro, high-speed train and light rail transit (LRT) for data and power transmission.
Market Drivers:
Today’s railways are undergoing through rapid changes to increase the quality of transport. Wire harness is the crucial component of the railway safety system. The main function of a wired system in any transportation is to transfer electricity from a power source safely to a given product. The safety of the railway mainly depends on the number of factors wherein technical condition of rolling stock is one of them. Any fault in the wiring system can result in short circuit, electrical fires, and can harm any users and passengers. Hence, there exist high need for better safety system in order to boost the passenger’s safety, which is expected to drive this market during the forecast period.
Over the past decade, urban and rail infrastructures have rapidly scaled up. The growing demand for railways in emerging and developing regions is projected to drive the market during the forecast period. Rise in rail travelers across the globe is projected to boost the demand for better rail infrastructure. In addition to this, some emerging countries are spending heavily to increase rail infrastructure, which is anticipated to spur the market growth. For instance, Britain’s railways in the 2020’s are planning to invest around $50 billion in the development of new trains, constructing new lines and upgrading existing tracks.
Market Restraint:
The extraordinary fact about the wiring harness is that it is handmade. Manufacturing of the wiring harness is predominantly done by human resources. The product quality of wiring harness varies from individual to individual. Therefore, companies face a constant challenge of delivering products of similar quality on a regular basis.
Hence, labor-intensive production is a restraining factor for the railway wiring harness market.
The report on the railway wiring harness market covers a deep dive analysis of historic, recent and current market trends. Furthermore, market share/ranking analysis of key players, market dynamics, competition landscape, country-wise analysis for each region covered and the entire supply chain dynamics are covered through the below segmentation.
Report Features |
Specifics |
Historical/Estimated/Forecasted Market Size Years |
2018-2025 |
Base Year for Market Calculation |
2019 |
Forecasted Period |
2020-2025 (2020 estimated year, forecasted up to 2025) |
Measured Units |
Value (USD) Volume (Units) |
Segments Included |
Material, Component, Voltage, Cable Type, Application, Rail Type, and Region |
Regional Coverage |
Asia-Pacific, North America, Europe, Middle East & Africa, South America |
For the scope of the report, In-depth segmentation is offered by Forencis Research
Railway Wiring Harness Market, by Material
Railway Wiring Harness Market, by Component
Railway Wiring Harness Market, by Voltage
Railway Wiring Harness Market, by Cable Type
Railway Wiring Harness Market, by Application
Railway Wiring Harness Market, by Rail Type
Railway Wiring Harness Market, by Region
1 INTRODUCTION
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.4 Regional Coverage
1.5 Research Timeline
1.6 Assumptions
1.7 Limitations
2 RESEARCH DESIGN & SCOPE
2.1 Introduction
2.2 Primary Research
2.2.1 Key Industry Expert Insight
2.3 Secondary Research
2.3.1 Vital Data from Secondary Sources
2.4 Market Size Estimation
2.5 Data Validation & Triangulation
3 EXECUTIVE SUMMARY
4 MARKET DYNAMICS
4.1 Introduction
4.2 Drivers
4.2.1. Growing Need for Railway Safety Systems
4.2.2. Rise in Rail Infrastructure Projects
4.3 Restraints
4.3.1. Labor Intensive Production
4.4 Opportunities
4.4.1 Increasing Adoption of Autonomous Trains
4.5 Challenges
4.5.1 Reliability Issue
5 INDUSTRY TRENDS – PORTERS FIVE FORCES ANALYSIS
5.1 Introduction
5.1.1. Power of Buyers
5.1.2. Power of Suppliers
5.1.3. Intensity of Competition
5.1.4. Challenges of Substitutes
5.1.5. Challenges of New Entrants
5.2 Macro-Economic Indicators
6 RAILWAY WIRING HARNESS MARKET BY MATERIAL, Market Size in USD Million and Units (2018—2025)
6.1 Introduction
6.2 Conductor
6.2.1 Aluminum
6.2.2 Copper
6.3 Insulation
6.3.1 Polyvinyl Chloride (PVC)
6.3.2 Polyurethane (PU)
6.3.3 Rubber
6.3.4 Silicone
6.3.5 Others
7 RAILWAY WIRING HARNESS MARKET BY COMPONENT, Market Size in USD Million and Units (2018—2025)
7.1 Introduction
7.2 Wire and Cables
7.3 Connectors
7.4 Terminals
7.5 Wiring Duct
7.6 Others
8 RAILWAY WIRING HARNESS MARKET BY VOLTAGE, Market Size in USD Million and Units (2018—2025)
8.1 Introduction
8.2 Low Voltage (Up to 1000V)
8.3 Medium Voltage (1000V to 25kV)
8.4 High Voltage (25kV to 230kV)
9 RAILWAY WIRING HARNESS MARKET BY CABLE TYPE, Market Size in USD Million and Units (2018—2025)
9.1 Introduction
9.2 Lan Cables
9.3 Jumper Cables
9.4 Power Cables
9.5 Vehicle-Connecting Cables
9.6 Others
10 RAILWAY WIRING HARNESS MARKET BY APPLICATION, Market Size in USD Million and Units (2018—2025)
10.1 Introduction
10.2 Driver’s Cab Harness
10.3 Harness Connecting to Pantograph
10.4 Under-Floor Harness
10.5 Door Harness
10.6 Power Socket Harness
10.7 Harness Connecting to Surveillance Camera
10.8 Lighting Harness
10.9 Harness Connecting to Cubicle
10.10 Others
11 RAILWAY WIRING HARNESS MARKET BY RAIL TYPE, Market Size in USD Million and Units (2018—2025)
11.1 Introduction
11.2 High-Speed Train
11.3 Metro Rail Transit (MRT)
11.4 Light Rail Transit (LRT)
12 RAILWAY WIRING HARNESS MARKET BY REGION, Market Size in USD Million and Units (2018—2025)
12.1 North America
12.1.1 US
12.1.2 Canada
12.1.3 Mexico
12.2 Europe
12.2.1 Germany
12.2.2 UK
12.2.3 France
12.2.4 Italy
12.2.5 Spain
12.2.6 Rest of Europe
12.3 Asia-Pacific
12.3.1 China
12.3.2 India
12.3.3 Japan
12.3.4 South Korea
12.3.5 Rest of Asia-Pacific
12.4 Middle East & Africa
12.4.1 Saudi Arabia
12.4.2 UAE
12.4.3 Rest of Middle East & Africa
12.5 South America
12.5.1 Brazil
12.5.2 Argentina
12.5.3 Rest of South America
13 COMPETITIVE LANDSCAPE
13.1 Introduction
13.2 Market Ranking/Share Analysis of Key Companies
13.3 Company Benchmarking
14 COMPANY PROFILES
14.1 FURUKAWA ELECTRIC CO., LTD.
14.1.1 Company Overview
14.1.2 Financial Overview
14.1.3 Products/Solutions/Services Offered
14.1.4 Key Developments
14.1.5 SWOT Analysis
14.2 LEONI AG
14.3 Hitachi, Ltd.
14.4 Sumitomo Electric Industries, Ltd.
14.5 Nexans SA
14.6 Prysmian SpA
14.7 TE Connectivity Ltd
14.8 NKT A/S
14.9 General Cable Technologies Corporation.
14.10 Taihan Electric Wire Co Ltd
14.11 Others
15 APPENDIX
15.1 Key Industry Expert Insights
15.2 Primary Discussion Guide
15.3 Customization Options
Note1: Tentative table of contents, may get updated during the course of research.
Note2: Company financial information is subject to availability in public domain