Wiring harness sales and technology to support future vehicle electrification

Global automotive wiring harness sales were expected to increase to 41 billion $ in 2014. However this is not a true reflection of the industry: The two largest Japanese manufacturers account for 50% of the market, and with the Japanese Yen devaluating, the market experienced a significant decline when measured in US dollars. Also, due to the decline in copper prices and several lawsuits for wiring harness price manipulation, manufacturers were forced to reduce prices. Further reducing the s... To continue reading this story Click Here