LNNNY Stock News 19.0200 05/07/2014 06:17:51 Leoni Ag (LNNNY

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Leoni Ag (LNNNY) 19.0200 $LNNNY

Global Automotive Wiring Harness Market to 2016
M2 - Fri Nov 29, 9:52AM CST
Research and Markets (http://www.researchandmarkets.com/research/vxvtbk/global_automotive) has announced the addition of the "Global Automotive Wiring Harness Market to 2016" report to their offering. One of the main trends witnessed in the Global Automotive Wiring Harness market is the increasing demand from BRIC Countries. The steady and continuous economic growth in the BRIC countries has improved the financial status of the people in these countries, resulting in the rising per capita income of the population. This in turn has increased the demand for automobiles in these nations. Hence, by 2016, the BRIC countries are expected to account for more than 50 percent of the global light vehicle sales. Moreover, China alone is expected to account for 31 percent of the light vehicle being sold across the world. In China, automobiles sales are expected to increase by 111 percent by 2025. Among the other BRIC nations, the Passenger Vehicle market in India is expected to become the fourth- largest in the world by 2016. Moreover, by 2020, India is expected to emerge as the third-largest passenger car market in the world According to the report, one of the main factors driving the market is the increase in global automobile production and sales. The increasing demand for automobiles directly influences the demand for automotive wiring harness. Therefore, the continuously growing global demand for automobiles, especially for passenger vehicles, is driving the demand for wiring harnesses. Further, the report states that one of the main challenges is the increasing manufacturing cost. The increasing wage rates and raw material prices have resulted in a drastic increase in the overall manufacturing costs. This in turn has adversely affected the financial status of manufacturers, leading to low profits, thereby restricting their spending on R&D activities. Key Topics Covered: 01. Executive Summary 02. List of Abbreviations 03. Introduction 04. Market Research Methodology 06. Market Landscape 07. Geographical Segmentation 08. Key Leading Countries 09. Vendor Landscape 10. Buying Criteria 11. Market Growth Drivers 12. Drivers and their Impact 13. Market Challenges 14. Impact of Drivers and Challenges 15. Market Trends 16. Key Vendor Analysis - Delphi Automotive plc - Lear Corp. - Leoni AG - Sumitomo Electric Industries Ltd. - and Yazaki Corp.; Fujikura Ltd. - Furukawa Electric Co. Ltd. - Kromberg & Schubert GmbH - Kyungshin Corp. - and Yura Co. Ltd. For more information visit http://www.researchandmarkets.com/research/vx...automotive
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