The global railway wiring harness market is estimated to be USD 1.5 billion in 2021 and is projected to reach USD 1.9 billion by 2026, at a CAGR of 4.6% during the forecast period. The market is principally driven by the increasing rail projects, increased demand for safety and service, and increasing driverless trains. For example, in December 2019, Deutsche Bank announced plans to invest USD 12.6 billion for new trains by 2026. In October 2020, Turkey announced the expansion of its railway network to 16,675 km by 2023 from 12,803 km in 2020. In February 2020, the European Investment Bank allocated USD 1,081.3 million for European rail projects for a variety of rail fleets. In 2019, Russia planned to invest USD 2.70 billion in the development of railway infrastructure to increase freight container volume by 2024. Asia Pacific region is estimated to hold the largest market share of 49.7%, by value, in 2021, followed by Europe with 30.3%, and North America with 8.7%.
A wiring harness in a train is used to transmit electrical and data transmission signals in an electrical system. With rapid technological advancements in railway technologies and increasing safety systems, railway manufacturers are largely inclined toward installing advanced electronic systems in trains. The increasing need for advanced electronic systems and improved safety technologies in trains drive the demand for technology wirings. The global demand for rail vehicles is fueled by the rising population in urban areas, which is placing significant pressure on the existing transportation infrastructure and necessitates the expansion of the network infrastructure. According to UNCTAD (2020 report), 51.1% lived in urban areas ten years ago. The share of the urban population increased to 55.7% in 2019. It is generally higher in the developed (80.5% in 2019) than in the emerging world (51.1%), with transition economies in between the two (65.4%). Over the last ten years, urbanization has been most prominent in emerging economies, especially in Asia, which witnessed the urbanization rate increase from 42.3% in 2009 to 49.1% in 2019. The increasing urban population is expected to require governments to increase urban transportation facilities such as metros, light rails, monorails, and subways. This is expected to drive the demand for new rail vehicles including locomotives, multiple units, wagons, and coaches. The increase in rail projects will directly impact the demand for railway wirings as they carry and provide electric energy for the systems across the train. Presently, trains have a greater number of wiring due to the inclusion of a larger number of electric systems such as surveillance cameras, sensors, visual boards, and chargers. A wire harness is compact and is insulated with plastic, which improves the safety of the electrical and electronic systems of the train. It has become vital for wiring harness manufacturers to meet the global demand and comply with safety standards to become more agile and adapt to consistent technological enhancements.
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Leoni operates in two business segments namely wiring systems and wire & cable solutions. The Wiring Systems Division (WSD) is one of the world’s largest providers of complete wiring systems and customized cable harnesses for the motor vehicle industry. Its products and services comprise the development and production of sophisticated cable harnesses through integrated wiring systems, high-voltage (HV) wiring systems for hybrid and electric vehicles, energy distribution components and special connectors. In 2020, Leoni, a global solution provider for power and data management in the automotive, railway and other industries, has developed two new cables for the industrial data transmission standard Single Pair Ethernet (SPE), which can be used in drag chain and torsion applications. This makes Leoni the first cable manufacturer in the world to bring these cables to market.
Hitachi Ltd. operates through the following business segments: information & telecommunication systems, electronic systems and equipment, social infrastructure and industrial systems, construction machinery, automotive systems, smartlife and eco-friendly systems, high functional materials and components, financial services, and others. Under the mobility segment company built a robust building foundation in the world market including Japan, Europe, and North America with rolling stocks, signaling systems and turnkey solutions as core businesses. It offers General & Signal Circuit, LAN Cables, High Voltage System, Main Circuit, and Jumper Cables. In Jan 2021, Hitachi Cable America (HCA) a leading manufacturer of Premise, Fiber Optic, and Specialty cables announced the addition of a new partnership with Power Experts Group in Canada.
Nexans offers products such as high-temperature halogen-free cable, high-flexibility cables, and standard cables for vehicles. Industry & Solutions: This segment provides support to OEMs and industrial infrastructure project managers in personalizing their cabling and connection solutions to enable them to meet their electrification, digitization, and automation requirements. In March 2021, Nexans has extended its long-term partnership with RATP (the state-owned operator of the Paris public transport systems) by winning a two-year contract to supply specialized railway cables and logistics services to upgrade the fire-safety, reliability and performance of the city’s metro and tram networks. The contract will see a total of around 4,800 km of Nexans cables installed in tunnels as well as on-board rolling stock across the Île-de-France region, including the prestigious Grand Paris Express project.
Railway Wiring Harness Market by Application(HVAC, Lighting, Traction System, Infotainment), Material, Train (Metro/Monorail, Light Rail, HRS), Component (Wire, Connector), Voltage (High, Low), Cable, Wire length,End Use and Region-Global Forecast to 2026
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