North America Wire Harness Market Expected to Witness High Growth by 2030

The North America wire harness market is expected to grow from US$ 22.63 billion in 2022 to, US$ 34.14 billion by 2030; it is estimated to register a CAGR of 5.3% from 2022 to 2030.

Polyethylene (PE) is the most widely used thermoplastic polymer for manufactured parts and components. It is available in many types and formulations to meet diverse needs. In general, polyethylene has excellent chemical and impact resistance, electrical properties and a low coefficient of friction. In addition, polyethylene is light, easy to work with, and has almost zero hygroscopicity. It is mainly used in industries such as petroleum industry, electronic wiring and network and data cables. As a result, global oil and gas infrastructure growth is expected to drive this segment during the forecast period.

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Key Players

  1. DRÄXLMAIER Group
  2. Fujikura Ltd.
  3. Lear Corporation
  4. Sumitomo Electric Industries, Ltd.
  5. LEONI AG
  6. Yazaki Corporation
  7. FURUKAWA ELECTRIC CO., LTD.
  8. Motherson Sumi Systems Ltd.
  9. Kato Cable
  10. YURA Corporation
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