The locomotive wiring harness market is estimated to be valued US$ 4,366.50 million in 2023 and US$ 7,388.20 million by 2033, growing at a 5.4% CAGR from 2023 to 2033.
Key Takeaways
- The German market share for locomotive wiring harness is 4.2% through 2033.
- The market share of United States for locomotive wiring harness is 16.9% during the forecast period.
- The Japanese locomotive wiring harness market share is 5.7% for the forecast period of 2023-2033.
- The market share of Australia for locomotive wiring harness is 2.6% during the forecast period.
- The Chinese market CAGR for locomotive wiring harness is 4.4% during the forecast period.
- The market CAGR for India is 5.5% for the forecast period of 2023-2033.
- The United Kingdom’s market CAGR for locomotive wiring harness is 2.3% through 2033.
Competitive Landscape:
Few companies dominate the market for locomotive wiring harness, including Hitachi Metals Inc., Schleuniger, TE Connectivity, Prysmian Group, and Samvardhana Motherson. Furkawa Electric, Komachine Co., NAC Corporation, APAR, and LECS (Lakshmi Electrical Control System Ltd) are among the other firms trailing the market’s expansion.
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Key Segments
By Component:
- Wire
- Connector
- Terminal
- Others
By Material Type:
- Aluminum
- Copper
- Others
By Voltage:
- Low Voltage (Up to 1000V)
- Medium Voltage (1000V to 25kV)
- High Voltage (25kV to 230 kV)
By Train Type:
- Metro Rail Transit/Monorail
- Light Rail Transit
- High-Speed Rail/Bullet Rail
By Application:
- HVAC Harness
- Lighting Harness
- Brake Harness
- Engine Harness
- Infotainment Harness
- Transaction System Harness
- Others
By Cable Type:
- Jumper Cable
- Power Cable
- Transmission Cable
- Others
By Wire Length:
- Less Than 5 Feet
- Less Than 15 Feet
- More Than 15 Feet
By End Use:
- OEM
- Aftermarket
By Region:
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- U.K.
- Italy
- Spain
- Nordic Countries
- Russia & CIS
- Rest of Europe
Author
Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
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