Technavio forecasts that the Automotive Wiring Harness Market will grow by USD 13.15 billion, at a CAGR of 4.83% from 2023 to 2028. Several factors are fueling this growth, including the increasing adoption of automotive electronics, which requires more complex wiring systems. Additionally, the shift in the automotive industry toward using advanced materials like lightweight and durable aluminum for wire harnesses is boosting market expansion. Furthermore, the rising demand for wiring harnesses in electric vehicles (EVs) as the world moves towards sustainable transportation solutions is another key growth driver. These factors highlight the essential role of wiring harnesses in modern vehicle design, paving the way for continued market growth.

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