How Big is the Harness Market

Code: MTA7483 Publication Date: Aug 2025

What is the size of Harness Market?

 

According to 6Wresearch internal database and industry insights, the Harness Market was estimated at USD 53 billion in 2024 and is projected to reach USD 81.2 billion by 2031, growing at a CAGR of 7.3% during the forecast period 2025–2031.

 

Due to numbers of growth factors which include the increasing automotive production, rising industrial safety standards, and technological advancements in wiring harness systems, the harness market is anticipated to grow in the coming years.

Key Growth Drivers of the Harness Industry

  • Increasing vehicle production across emerging markets
  • Stringent safety and emission regulations in the automotive sector
  • Growing adoption of automation in manufacturing and heavy industries
  • Rising use of harness systems in aerospace and defence applications
  • Advancements in electric vehicle wiring architecture and lightweight materials

Harness Market Trends

Harness market is moving forward with notable trends such as shifting towards the modular and lightweight wiring systems to reduce vehicle weight and enhance efficiency. On the other hand, the EV-specific harnesses are witnessing higher demand with integrated power and data transmission lines. Also, smart harnesses embedded with sensors are being adopted for performance monitoring in vehicles and aircraft. Moreover, the automation and robotics in manufacturing are driving the demand for durable and flexible harness assemblies.

Emerging Developments in the Harness Market

Harness market is developing over the years as the focus of companies emphasizing on the pre-assembled and customizable harness solutions to reduce the installation time. As the time grows, the development of high-voltage harness systems for EVs and hybrid vehicles is accelerating. Further, innovations in fibre-optic and coaxial harness systems are enhancing signal transmission in aerospace and telecommunication. Excluding these, renewable energy and smart building applications are expanding and creating new opportunities for harness manufacturers.

List of Leading Companies in the Harness Market

Below is a comprehensive list of the leading market players driving growth in this sector:

1. Yazaki Corporation

Company Name Yazaki Corporation
Established Year 1941
Headquarters Tokyo, Japan
Official Website Click Here

This is a global leader in wiring harnesses and electronic components, primarily serving automotive OEMs worldwide.

2. Leoni AG

Company Name Leoni AG
Established Year 1917
Headquarters Nuremberg, Germany
Official Website Click Here

This company develops customized wiring systems and harnesses for automotive and industrial applications, focusing on innovation and energy efficiency.

3. Delphi Technologies

Company Name Delphi Technologies
Established Year 1994
Headquarters London, United Kingdom
Official Website Click Here

This company designs automotive wiring and powertrain solutions, including advanced harness systems for EVs and hybrid vehicles.

4. Furukawa Electric Co. Ltd.

Company Name Furukawa Electric Co. Ltd.
Established Year 1884
Headquarters Tokyo, Japan
Official Website Click Here

This company supplies automotive harnesses and fibre-optic systems for vehicle and industrial automation markets.

5. Aptiv PLC

Company Name Aptiv PLC
Established Year 2017
Headquarters Dublin, Ireland
Official Website Click Here

This company develops high-voltage wiring systems and sensor-integrated harnesses for electric and autonomous vehicles.

6. Lear Corporation

Company Name Lear Corporation
Established Year 1917
Headquarters Michigan, United States
Official Website Click Here

This company offers complete electrical distribution and harness solutions with a focus on modularity and performance for vehicles.

7. Motherson Group

Company Name Motherson Group
Established Year 1975
Headquarters Noida, India
Official Website Click Here

This is a global supplier of automotive wiring harnesses and electronic modules, serving major OEMs across continents.

8. PKC Group Ltd.

Company Name PKC Group Ltd.
Established Year 1969
Headquarters Helsinki, Finland
Official Website Click Here

This company specializes in harness solutions for commercial vehicles, rolling stock, and off-highway machinery with tailored configurations.

9. Nexans Autoelectric

Company Name Nexans Autoelectric
Established Year 1993
Headquarters Floß, Germany
Official Website Click Here

This company produces high-performance harness systems for vehicles, with a growing emphasis on e-mobility and lightweight design.

How Big is the Harness Market : FAQs

The harness market was estimated at USD 53 billion in 2024 and is projected to reach USD 81.2 billion by 2031.
Key drivers include rising vehicle production, safety regulations, and adoption of EVs and industrial automation.
Asia-Pacific and Europe dominate due to strong automotive manufacturing and industrial growth.
Major players include Yazaki, Sumitomo Electric, Leoni, Aptiv, and Motherson Group.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
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