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Railway wiring harness is collection and organization of wires or electrical cables that are utilised in railways, locomotive engines, bogies and in several electronics and electrical devices. This wiring harness are used to control and reduce the transfer of shock and vibrations. The rapid adoption of internet services through LAN for communication purposes is increasing the demand for railway wiring harness. The railway manufacturing companies are working towards developing advanced technological wiring harnesses to bring simplicity in the railway business. Moreover, the development in the railway electronics system such as high quality lights, sound systems, touch screens, HVAC, and high speed internet services are fuelling to the growth of the market. The government of various regions, are coming up with new rail projects, expanding and upgrading the existing rail infrastructure and to develop the overall rail connectivity. The implementation of high speed rail transport is increasing tremendously across the globe. Also, the government’s smart city projects are adding to the growth of the railway wiring harness market.
The constant growth in urbanization, expansion in the rail network system, rising demand for public transport and fast commuting is ultimately rising the demand for railway wiring harness market. Rising expectations of commuters for good rail infrastructures, internet services, and other safety features is also leveraging the market growth. The rising adoption of high speed or bullet trains, metros, government initiatives like smart city projects are also propelling the growth of the market. On the contrary, the environmental changes can cause corrosion, short circuits, and other damages. Also, the high risk of wiring complexity and also lack of maintenance may hinder the growth of the railway wiring harness market in the forecast period.
Key Market Driver -
Growing smart city projects and adoption of high speed trains is driving the growth of rail wiring harness market in the forecast period
Key Market Restraint -
Environmental challenges, complexity in wirings and lack of maintenance may hinder the growth of the market in the forecast period.
Globally, the railway wiring harness market has been segmented by train type, by material type, by cable type, by application type, by component type and by region. By traintype, the market is further segmented into metros, light trains, and high peed or bullet trains. The high speed train or bullet train segment is anticipated to be grow rapidly during the forecast period. Many developed and developing countries such as India, China, Japan, South Korea and other European countries have increased their focus on developing high-speed railways. Alos, the government is spending a high percentage in developing rail infrastructure and technologically advanced equipments thus boosting the railway wiring harness market. The rapid expansion of high speed rail network has leveraged the demnad for railway wiring harness across the globe. The cable type is further segmented into power cable, jumper cable, and transmission cable. The power cable has a wide usage in the railways as they supply power to run the trains. The transmission cables are also widely used in transmission of data and information. The material type is further divided into alumimium, copper and other metal types. The copper wires are majorly used as they are more stable, and more durable than any other material. The application type is further segmented into HVAC, brakeharness, lighting harness, traction system harness, engine harness, infotainment and various other harness. The infotainment segment is expected to grow during the forecast period owing to the increasing adoption of technologically advanced electronics fetaures by the railway manufactures and also the rising expectation of commuters towards enhanced safety, comfort, requirement of wifi, and other high tech features is propelling the growth of railway wiring harness market. Also, the rapid growth and adoption of high speed and metro trains across the globe is creating a demand for railway wiring harness.
The major companies in the global railway wiring harness market include IBM, Hitachi Ltd, Furukawa Electric Co., Ltd, Nexans, Taihan, Huber-Suhner, Leoni, Prysmian Group, Samvardhana Motherson, Advanced Transit Manufacturing and Fortitude Industries, Inc., and TE Connectivity among others.
Geographically, the global railway wiring harness market is segmented into North America, Europe, Asia Pacific, and the rest of the world. The Asia Pacific leads the global railway wiring harness market and is expected to maintain its dominance in the forecast period. Some of the developed and developing economies such as India, China, Japan, and South Korea have maximum number of locomotives and are leading the rail business. The increasing urbanization, expansion in the industrialization, and rising population is leading to an increase in the railway transportation business. The expansion in the rail connectivity across places and development in the rail infrastructures is increasing the number of train commuters in this region. Also, some of the major countries are working towards developing high speed trains, and electric trains which is expected to boost the railway wiring harness market during the forecast period. The manufacturing companies are also investing in research to innovate and develop technologies in insulation materials, connectivity and enhance convenience for the commuters. Europe is also showing a significant growth in the railway wiring harness market. Europe is the largest producer of rail products and high-tech rolling stock. The European railway industry has adopted the technologically advanced rail systems and is upgrading itself in terms of infrastructure and high-tech connectivity. All these factors are propelling the growth of the railway wiring harness market in this region.
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By Train Type
By Cable Type
By Material Type
By Application Type
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