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Automotive wire harness industry growth expectations

Automobile wiring harness is the main body of automobile circuit network

Industry growth expectation
The current domestic wiring harness market is about 52.1 billion RMB,It is expected to reach 73 billion RMB by 2025.2.27

Growth logic
At present, the top three automotive wiring harnesses are foreign manufacturers,Its total market share is about 70%,There is huge room for domestic alternatives.

Future watch
The harness value per traditional fuel vehicle is more than 2000RMB,Amoung it is 200RMB engine wiring harness cost ,The high-voltage wiring harness cost is 1500RMB per pure electric vehicle,the harness value per vehicle has increased by 1300 yuan,American Ambov estimates that unoptimized L3,L4 autonomous driving will double the harness length.

In China, only a few wiring harness factories are large-scale supporting mainstream joint venture car companies.Shenhe New Electronics Co., Ltd is a custom manufacturer specialized in wiring harness products for almost 12 years.

Looking forward to your great cooperation!


Post time: Feb-28-2025