Electrical tape, sometimes referred to as wiring harness tape or wire harness tape, is a specific kind of tape that is used in wire harness assemblies to bundle, secure, and safeguard electrical wires and cables. Numerous industries, including the automotive, aerospace, electronics, and telecommunications sectors, frequently use these assemblies. Wire harness tape is designed to provide insulation, protection against abrasion and moisture, and to secure wires in place to prevent chafing or movement.
As per a new report by Future Market Insights (FMI), the global wire harness tape market is likely to be valued at US$ 417.4 Mn by 2033, up from US$ 249.1 Mn in 2023. It is projected to grow at a compound annual growth rate (CAGR) of 5.3% throughout the specified period.
The automotive industry’s relentless pursuit of vehicle electrification, coupled with an increasing emphasis on vehicle safety, is expected to be a major catalyst for the growing demand for wire harness tapes over the next decade. Notably, electric vehicle manufacturers have ramped up their production capacities in response to the growing consumer interest in reducing environmental pollution.
The surging demand for electrical equipment has led to a substantial uptick in the need for wire harness tapes. Projections indicate that the market is poised to expand by 1.8 times its current value in the upcoming forecast period, driven primarily by the global surge in electric vehicle adoption.
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Top Trends
Moreover, they serve as a formidable line of defense, mitigating the risks associated with short circuits and other electrical hazards. In addition to enhancing safety, wire harness tapes are instrumental in the systematic bundling and organization of wires and cables, streamlining installation and maintenance procedures. Anticipated growth in the electronic device industry and the steadfast demand for secure and dependable connections are expected to be key drivers for the increasing adoption of wire harness tapes over the coming decade.
The surge in demand for wire harness tapes is closely linked to the critical requirement for establishing dependable and secure connections among electrical components. These tapes play a pivotal role in shielding and insulating wires and cables against various environmental stressors, including moisture, dust, and vibrations.
Wire harness tapes are used for the car interior and for engine compartments. The automotive industry uses wire harness tapes to ensure protection and optimal wire harnessing for engine compartments and car interiors.
As wire harness tapes offer excellent flexibility, the harnesses can be applied to any part of the car body easily and quickly. Wire tapes used for engine compartments need to be highly resistant to abrasion whereas the tape used for car interior needs to reduce noise & vibration.
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Key Players
- 3M Company
- NITTO DENKO CORPORATION
- tesa SE
- Yongle (AVERY DENNISON CORPORATION)
- American Biltrite Inc.
- Adhesive Specialities
- Saint-Gobain S.A.
- Scapa Company
- Global Industries Corporation
- Ajit Industries Pvt. Ltd.
- Coroplast Tape Corporation
- Bron Tapes, Inc.
- Jacobs Industries
- ACHEM
Wire Harness Tape Market Outlook by Category
By Material:
- Plastic
- Rubber
- Foam
- Metal (Foil)
By Adhesive Type:
- Acrylic-based
- Rubber-based
- Silicone-based
By Thickness:
- Less than 0.2 mm
- 0.2 – 0.3 mm
- Above 0.3 mm
By Application:
- Power Cables
- Communication Cables
- Industrial Cables
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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