The India automotive wiring harness market size reached US$ 1.6 Billion in 2023. An automotive wiring harness refers to a bundle of terminals, electric wires, and connectors that provide power to a vehicle. It is widely used to transmit information, send and receive sensor signals, and supply power. It also acts as a safety casing and is designed to minimize installation time, reduce the risks of short circuits, and improve fuel and operating efficiency under high temperatures, moisture, vibration, and noise. As a result, automotive wiring harnesses are widely used in heating, ventilation, and air conditioning (HVAC) systems, chassis, engines, and sensors in two-wheelers, cars, utility, and commercial vehicles.
As per the analysis by IMARC Group, the top automotive wiring harness companies are introducing superior grades of insulators, conductors, and sheaths for wires and cables in automotive wiring harness systems that help enhance high-temperature resistance. They are also developing aluminum harnesses for vehicle electrification and minimizing vehicular weight. Besides this, several leading market players are engaging in acquisitions, partnerships, and expansions to strengthen their foothold in the market. For instance, Yazaki India Private Limited, a subsidiary of Yazaki Corporation Japan, announced in July 2021 the establishment of a wire harnessing manufacturing plant in Manipur, India. Looking forward, IMARC Group expects the market to reach US$ 2.3 Billion by 2032, exhibiting a growth rate (CAGR) of 3.9% during 2024-2032.
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1. Motherson Sumi Wiring India Limited
Establishment: 1986
Headquarters: Noida, India
Website: https://www.mswil.motherson.com/
Motherson Sumi Wiring India Limited manufactures and delivers integrated electrical and electronic distribution systems. It also provides integrated electrification solutions for vehicles and develops solutions for internal combustion engine vehicles. In addition, it manufactures and supplies wiring harnesses for passenger cars, two-wheelers, recreational, heavy, medium, and light-duty commercial vehicles, motorcycles, and three-wheelers. The company also offers specialized wiring harnesses for office automation equipment, consumer durables, medical diagnostic equipment, and other electrical and electronic equipment. Presently, Motherson Sumi Wiring India Limited is operating as a subsidiary of Motherson Sumi Systems Limited.
2. Yazaki Corporation
Establishment: 1941
Headquarters: Tokyo, Japan
Website: https://www.yazaki-group.com/
Yazaki Corporation is an automotive parts supplier that produces wire harnesses, instruments, and components such as connectors and terminals. It also produces meter and auto instruments, gas equipment, air-conditioning, electrical cables, and solar-powered systems. Presently, Yazaki Corporation employs more than 1,92,000 people across the globe.
3. Kyungshin Group
Establishment: 1974
Headquarters: Incheon, South Korea
Website: http://www.kyungshinholdings.com
Kyungshin Corp. primarily manufactures and sells vehicle piping and other automotive parts. It also offers wiring harnesses, connectors, high-voltage systems, and electron junction blocks. The company also operates Kyungshin Cable, which serves as an affiliate of Kyungshin Group and a leading company in the Korean automotive cable market. At present, the company also has overseas branches across India, the United States, Honduras, China, Mexico, and Cambodia.
4. Spark Minda
Establishment: 1958
Headquarters: Noida, India
Website: https://sparkminda.com/
Minda Corporation Limited is one of the leading automotive component manufacturers in India. It has a varied customer base, including global and Indian original equipment manufacturers and Tier-1 customers. The company also has strategic collaborations with pioneers and leaders of the global automobile industry. Besides this, Spark Minda also operates businesses such as die casting, starter motors and alternators, wiring harnesses, instrument clusters and sensors, antenna systems, security systems, components, interiors and plastics, aftermarket, electric vehicles, and connected systems.
5. Dhoot Transmission Pvt. Ltd.
Establishment: 1999
Headquarters: Maharashtra, India
Website: https://dhoottransmission.com/
Dhoot Transmission is a conglomerate company that primarily manufactures electronic sensors and controllers, automotive switches, wiring harnesses, power cords, connectors and terminals, automotive cables, commercial vehicles, off-road vehicles, earthmovers, farming equipment, medical equipment, and domestic appliances. The company operates 23 manufacturing facilities across UK, Slovakia, Thailand, Japan, South Korea, and India. Besides this, Dhoot Transmission has a consumer base in 8 countries and 3 continents.
About Author:
Aditi Kumar Senior Content Writer at IMARC Services Private Limited Aditi is a content writer and editor at IMARC Services Private Limited with over two years of experience in market research, covering diverse sectors from information technology to healthcare, automotive, oil and gas, food and beverage, and electronics. She actively works on numerous predictive and exploratory research projects and has hands-on experience analyzing and writing about macro and micro markets. Besides writing, Aditi loves baking and reading novels. |
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