- Home
- Heavy Industry
- Automotive
- Global and China Automotive Wiring Harness Industry Report, 2011-2012
Global and China Automotive Wiring Harness Industry Report, 2011-2012
- Publication date: March 2012
- Report price: $ 2 600
Get this report today!
Summary
Table of Contents
In 2011, luxury car is the star performer in the stagnating Chinese automotive market, and the wiring harness for each luxury car valued 2-3 times as that in low-end cars. The North American automotive market, particularly commercial vehicle, witnessed the robust recovery and the market size grew 14.6% over 2010. In 2012 and 2013, Chinese luxury car market is expected to grow continually, making up for the declining European market. Moreover, the increasing application of electronic devices in automobiles will drive the wiring harness market to rise slightly.
In 2011, the breaking news for the automotive wiring harness industry was that Yazaki, Denso and Furukawa suffered severe punishment imposed by the U.S. Department of Justice for price-fixing of wiring harness in the past decade. Yazaki paid a USD470 million fine, Denso USD78 million fine and Furakawa USD200 million. Yazaki is the world’s largest automotive wiring harness manufacturer, Furukawa ranks No. 6, while Denso basically drops out of the automotive wiring harness business. The severe penalty will not change the industrial pattern, but the Japanese wiring harness manufacturers will be more cautious in the U.S.
Facing the “triple whammy” of 311 Earthquake, yen’s appreciation and Thailand Flood, Japanese wiring harness players still performed well due to their global presence. For instance, Yazaki had had 421 bases and 163 subsidiaries, and employed a total of 192,541 workers in 39 countries by the end of 2011. Sumitomo Electric saw a lower growth rate because its domestic business accounts for a larger proportion.
Germany-based LEONI, fueled by the German luxury car, was affected by the Eurozone debt crisis for its 65% of business was concentrated in Europe. LEONI lagged far behind Japanese wiring harness manufacturers in business layout in China, or it should have seen a higher rise in revenue. American LEAR, also one of the leading auto seat suppliers, witnessed the soaring revenue driven by the strong recovery of the U.S. automotive industry.
Furukawa continually increased its investment in automotive wiring harness. It projected USD25.75 million to acquire the connector business of Mitsubishi Cable at the end of 2011 and invested JPY10 billion to build a new plant in the Philippines. Germany Volkswagen, other than Japanese enterprises, is the biggest customer of Fujikura’s automotive wiring harness business, so Fujikura enjoyed the highest growth rate among Japanese companies. South Korean YURA also benefited from increased sales of Hyundai Motor.
Finnish PKC prided itself on the highest growth rate of revenue. The company acquired U.S. AEES in the fall of 2011, and its revenue is expected to reach USD1.16 billion in 2012. PKC gives priority to wiring harness for Pick Up, Light Truck, Heavy Truck and Bus, the most rapidly growing market in the U.S. automotive industry.
THB, the first largest automotive wiring harness producer in China, fell 5.9% (or 12.4% if calculated in RMB) in revenue, mainly because THB focuses on wiring harness for local vehicles which saw a slipping market share. In February 2012, THB sold its major business to Shenzhen Deren Electronics.
Automotive Industry in China
- Publication date: March 2012
- Report price: $ 2 600
Get this report today!
Talk to Alison
00 1 718 618 48 97
Search ReportLinker
The Largest Collection of Market Research Reports
» 450,000 Company Profiles
» 40,000 Country Guides
From +200,000 authoritative sources
Automotive Industry in China : Latest Reports
Rubber Tyres - Global Markets Package
- $ 22 464
- Industry report
- February 2013
- by Global Research & Data Services
This market research report package offers a perspective on the actual market situation, trends and future outlook for rubber tyres in different countries around the world. The studies provide essential ...
The Impact of Social Media within the Internal Corporate Environment
- $ 10 000
- Industry report
- February 2013
- by Frost & Sullivan
Use of Companies' Own Social Media Tools is Growing This research service examines the use of social media in the U.S. corporate environment based on a survey conducted in 2012. Individuals use social ...
Strategic Outlook of the Global Medium-heavy Commercial Truck Market in 2013
- $ 7 500
- Industry report
- February 2013
- by Frost & Sullivan
Despite Strong Headwinds, Sales Volume Poised to Touch 2.8 Million Global market for medium-heavy commercial trucks is expected to grow marginally despite weakness in the global economy. Key volume markets ...
More Reports:
Automotive in Australia (130)
Automotive in China (335)
Automotive in France (116)
Automotive in Germany (156)
Automotive in India (136)
Automotive in Japan (130)
Automotive Industry in China : Latest Downloads
World Electric Vehicle Industry Brief
- Industry report
- May 2013
- 10 pages
- by Intergovernmental Agency
... Committed to connecting the world itu-t methodologies to assess ict footprint in cities jean-manuel canet, rapporteur, question on methodologies itu-t study group ict, environment and climate ...
Truck Business Overview
- Industry report
- May 2013
- 24 pages
... Is unloaded at the mill / wood yard truck leaves mill site (breaks geo- fence) : is truck still within operating hours If yes, return to start of loop. If no, return home. Pm truck ends day am ...
Automotive Sector Brief
- Industry report
- April 2013
- 5 pages
- by Statistical Body
Transporter Business Overview
2 months agoClean Vehicle Market Brief
2 months agoElectric Vehicle Business Brief
2 months agoAutomotive Industry Brief
2 months agoLight Truck And Van Market Brief
2 months agoElectric Vehicle Market Brief
2 months agoElectric Vehicle Business Brief
2 months agoMore Reports:
Automotive in Australia (91)
Automotive in Canada (88)
Automotive in China (153)
Automotive in India (163)
Automotive in Japan (62)
Company Reports
Company Profiles
6 CompaniesTuv Rheinland Consulting Gmbh
GermanyKoda Ltd.
SingaporeSORL Auto Parts Inc.
ChinaContinental AG
GermanyVolkswagen AG
GermanyGeneral Motors Co.
United Statesref:plp2012
Reportlinker.com © Copyright 2013. All rights reserved.
