9 leading railway wiring harness manufacturers bypassing black swan events


Posted August 20, 2021 by jennysmith22119

The Railway Wiring Harness Market has an immense potential to develop, because of the expanded security and administration frameworks across the globe.

 
​Wiring harness is used to supply electricity across automobiles. Compact designs of wire harnesses have put railway wiring harness manufacturers in the limelight. It is a well known fact that railways act as the backbone of every country’s economy.

Growing demand for public transport is pushing the government to make changes in traditionally used railways. For achieving this, governments are appointing railway wiring harness manufacturers.

Growing population is also putting pressure on governing bodies to reinvent the public transport facilities. Need to expand operations has never been more. As railway wiring harness manufacturers offer improved electrical efficiency and safer seating space, they are getting more and more projects.

New foundations of railway infrastructure are more advanced than they were a century ago. These pave the way for improved rail connectivity. More railway lines means more wiring, indicating an upswing in business for railway wiring harness manufacturers.

Railway bogie can be considered as a massive room filled with lots of electrical and electronic components. These components play a very crucial role in the overall functioning of entire railway.

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For this railway wiring harness manufacturers design long lasting, secure and efficient wiring systems that can support the bogie for longer durations. These manufacturers keep in mind the harsh weather conditions as well that might have a huge impact on the electrical components.

Many smart city projects are also lined up across the globe. Every individual knows that railways are the lifeline of every city. Railways are the fastest and cheapest means of commuting. These multi-million dollar projects can only be achieved if all the segments align together.

9 leading railway wiring harness manufacturers clipping together multiple wires
Railway wiring harness manufacturers have become a vital part of today’s railway system. With the growing number of smart city projects, this segment’s market cap grew to USD 2.75 Billion in 2020. All primary and secondary factors behind this market’s jump are listed in Global Railway Wiring Harness Manufacturers’ Market Report.

Verified Market Research experts conducted extensive investigation and found that its market value will become USD 5.18 Billion by 2028. This proved that it is growing at a CAGR of 8.26% from 2021 to 2028.

TE Connectivity

TE Connectivity is known for its excellent craftsmanship. This Swiss-domiciled brand offers services to multiple industries such as defense, medical and electronics. This company was seeded after Tyco spun off its in-house electronic division.

Furukawa Electric

Furukawa Electric is carrying forward Japan’s legacy. It is one of the most advanced electrical engineering companies in the world. It has been achieving many world-firsts, specifically in the market filled with railway wiring harness manufacturers.

Hitachi

Hitachi is a household brand. It started off as an induction motor manufacturer but later branched into multiple domains. This century old company has proved that a brand can withstand the test of time if it carves according to ongoing trends.

Nexans

Nexans is another old member of this family. It aims to build a more connected and sustainable future for its global consumers. Its cable technologies have received many awards due to higher power transmission rates.

Leoni

Leoni is one of the most famous organizations when it comes to cables and power cords. Its client base includes many national and international brands. This cable and harnessing brand has its roots spread across all continents.

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Prysmian Group

Prysmian Group produces cables for telecom and energy industries. It has mastered the art of making underground and submarine cables. Its low voltage cables are used by construction and railway companies. It is also regarded as one of the founding members of this highly sophisticated segment.

Samvardhana Motherson Group

Samvardhana Motherson Group is the fastest growing new-age supplier of electric components. It is an Indian company that builds locally but is preferred by many globally operating companies.

Taihan

Taihan is a flexible brand that changes its offerings according to market demands. Its core competencies have helped it in achieving a spot in this list. It envisions maximizing value delivered to its clients proportional to its corporate value.

General Cable

General Cable is America’s most renowned cable manufacturing brand. This organization has joined hands with Prysmian group to deliver world-class products. It delivers aluminum, copper and fiber optic cables to its customers.

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Issued By VMR
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Tags railway wiring harness market
Last Updated August 20, 2021