Wire harnesses are made up of a bundle of wires that are used to transport signals and electricity. In the electrical and electronic industries, the safety of wire harness is critical. Wire harnesses are bundled and protected with tape, which is a simple and inexpensive packaging option. The materials, product type, and packaging requirements vary depending on the end use requirement. It's crucial to choose the proper adhesive type for wire harness tapes since some adhesives can harm the wires and wire insulation.
MARKET DYNAMICS
The growing trend of installing integrated advanced features in automobiles, as well as expanded production, has increased the market demand for wire harness tape. Factors like rising customer demand for vehicle electrification and the necessity of vehicle safety have fueled the demand for wire harness tape to a large extent. Consumer interest in electric vehicles has increased in recent years as a result of the consumer's desire to reduce pollution, which will have a favourable impact on the growth of the wire harness tape industry.
MARKET SCOPE
The "Global Wire Harness Tape Market Analysis to 2028" is a specialized and in-depth study of the Chemicals and Materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the wire harness tape market with detailed market segmentation by application and type. The global wire harness tape market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading wire harness tape market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global wire harness tape market is segmented into application and type. By application, the wire harness tape market is classified into power wire, communications wire, industrial wire. By type, the wire harness tape market is classified into plastic, rubber, foam, metal foils, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global wire harness tape market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The wire harness tape market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the wire harness tape market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the wire harness tape market in these regions.
MARKET PLAYERS
The report covers vital developments in the wire harness tape market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the wire harness tape market are anticipated to witness lucrative growth opportunities in the future with the rising demand for wire harness tape in the global market. Below mentioned is the list of few companies engaged in the wire harness tape market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the wire harness tape market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- 3M
- Yongle (Avery Dennison)
- Achem (YC Group)
- Tesa (Beiersdorf AG)
- Nitto
- IPG
- Scapa
- Saint Gobin (CHR)
- Four Pillars
- H-Old
- Plymouth