Business

Railway Wiring Harness Market 2021 Analysis May Set New Growth Story, Forecast to 2027

Posted on by khushboo

The Railway Wiring Harness Market size was valued at USD 2.5 billion in 2019 and is projected to grow at a CAGR of 8.9% from 2020 to 2027. Wiring devices are mainly used to transmit power and signals. It is an important element in rail infrastructure as it provides a secure source for a given system. Implementing a wiring harness can ensure safe power transmission while minimizing leakage.

A full report of Railway Wiring Harness Market available at: https://www.orionmarketreports.com/railway-wiring-harness-market/24477/

Railway Wiring Harness Market – Segmentation

By Application

• HVAC
• Lighting
• Traction System
• Infotainment

By Material

• Aluminum
• Copper
• Others

By Train Type

• Metro/Monorail
• Light Rail
• HRS

By Voltage

• High
• Low

By Component

• Wire
• Connector

By Cable

• Transmission Cable
• Jumper Cable
• Power Cable

Key Market Players

• IBM
• Furukawa
• Leoni
• Hitachi
• Nexans
• Prysmian
• TE Connectivity
• Samvardhana Motherson
• General Cable
• Taihan
• NKT

(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)

khushboo

Khushboo Sharma, on the surface, is an extremely accomplished journalist at the OMR industry journal with 1 year of experience in the field of market research. She has proven her ability to offer an in-depth analysis of different markets while working in the company. But, more than an analyst Ms. Khushboo Sharma is a person who influences and persuades top ranking people; whose opinion is highly sought after; and whose judgment is respected and trusted.