Global Locomotive Wiring Harness Market Set to Reach US$ 7,388.20 Million by 2033 with a 5.4% CAGR

Photo Editor App Market

The locomotive wiring harness market is estimated to be valued US$ 4,366.50 million in 2023 and US$ 7,388.20 million by 2033, growing at a 5.4% CAGR from 2023 to 2033.

Rising Government Initiatives for Robust Transportation System to Boost Growth

The key factors driving market expansion for locomotive wiring harness are increasing urbanisation, increased demand for expanded public transportation services, and government efforts to modernise existing railway infrastructure to improve rail connectivity. Furthermore, the growing use of trains for transportation and logistics has increased demand for locomotive wiring harness.

The growing trend of autonomous trains, as well as the growing demand for energy-efficient wiring frameworks, is going to provide new growth prospects for the locomotive wiring harness market.

Request a Sample of this Report:

Market Restraint

The instability of raw material prices, corrosion concerns caused by changing weather conditions and malfunctioning of the wiring system operating under large loads, all contribute to the locomotive wiring harness market’s slow progress.

Market Segmentation – By Train Type

The high-speed rail and bullet train sectors are expected to experience significant growth. These are improved railroad train varieties that operate faster than other trains. To complete quickly, they combine a set of dedicated tracks with a specific arrangement of moving goods.

The development of the high-speed rail/bullet train segment is likely to increase, supporting the growth of the locomotive wiring harness market, due to its accuracy and capacity to quickly cover large geographic areas.

Request for Customization:

Most Rapidly Expanding Market: Asia-Pacific

Both developed and emerging economies are present in the Asia-Pacific region. The locomotive wiring harness market in these nations is anticipated to be driven by new rail projects for the replacement and maintenance of the current fleet as well as for urban passenger transit.

Asia-Pacific is predicted to experience the fastest development in the autonomous train market and has one of the largest rail networks globally. India, China, and Japan are among the nations with the longest rail lines.

Additionally, public transit is well-liked in many nations, particularly in India, where many people use the metro for everyday commuting. Due to this, the railway system is crucial to the economic growth of the Asia-Pacific region.

Key Takeaways

  • The German market share for locomotive wiring harness is 4.2% through 2033.
  • The market share of United States for locomotive wiring harness is 16.9% during the forecast period.
  • The Japanese locomotive wiring harness market share is 5.7% for the forecast period of 2023-2033.
  • The market share of Australia for locomotive wiring harness is 2.6% during the forecast period.
  • The Chinese market CAGR for locomotive wiring harness is 4.4% during the forecast period.
  • The market CAGR for India is 5.5% for the forecast period of 2023-2033.
  • The United Kingdom’s market CAGR for locomotive wiring harness is 2.3% through 2033.

Competitive Landscape:

Few companies dominate the market for locomotive wiring harness, including Hitachi Metals Inc., Schleuniger, TE Connectivity, Prysmian Group, and Samvardhana Motherson. Furkawa Electric, Komachine Co., NAC Corporation, APAR, and LECS (Lakshmi Electrical Control System Ltd) are among the other firms trailing the market’s expansion.

Ask the Analyst:

Recent Development

  • Purchase

Motherson purchased the electrical wiring division of Bombardier in Huehuetoca, Mexico, in May 2021. The company has stated that it is going to purchase this asset for $10 million in September 2020 through its subsidiary Motherson Rolling Stocks (MRS).

Key Segments

By Component:

  • Wire
  • Connector
  • Terminal
  • Others

By Material Type:

  • Aluminum
  • Copper
  • Others

By Voltage:

  • Low Voltage (Up to 1000V)
  • Medium Voltage (1000V to 25kV)
  • High Voltage (25kV to 230 kV)

By Train Type:

  • Metro Rail Transit/Monorail
  • Light Rail Transit
  • High-Speed Rail/Bullet Rail

By Application:

  • HVAC Harness
  • Lighting Harness
  • Brake Harness
  • Engine Harness
  • Infotainment Harness
  • Transaction System Harness
  • Others

By Cable Type:

  • Jumper Cable
  • Power Cable
  • Transmission Cable
  • Others

By Wire Length:

  • Less Than 5 Feet
  • Less Than 15 Feet
  • More Than 15 Feet

By End Use:

  • OEM
  • Aftermarket

By Region:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Nordic Countries
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • ANZ
    • South Korea
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • Turkey
    • South Africa
    • Rest of Middle East & Africa


Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Explore FMI’s Extensive Ongoing Coverage on Automotive Domain

Lightweight Compact Wheel Loader Market Share will expand at a CAGR of 8.4% between 2023 and 2033, totaling around US$ 30.3 billion by 2033.

Compact Wheel Loaders Market Outlook is anticipated to expand at a CAGR of 5.04% between 2023 and 2033.

Crawler Excavator Market Growth is anticipated to reach a high of US$ 65,665.2 million by the year 2033.

Excavators Market Size is likely to hit a valuation of US$ 123.30 billion by 2033.

North America Underground Mining Vehicle Market Demand is projected to reach US$ 8,795.08 million by 2033.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Nandini Singh Sawlani   

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries:
LinkedInTwitterBlogs | YouTube

About the Author

Ronak Shah

Associate Vice President at Future Market Insights is deeply committed to uncovering actionable insights for consumer and food and beverage players. She brings a unique blend of analysis, industry trends, and consumer behavior to put data into perspective.

What she makes out of data becomes a delight to read. She has authored many opinions, including for publications like Process Industry Informer and Spinal Surgery News, as she understands the market pulse and consumers' shifting preferences.

She likes to bring experts to a roundtable to weigh the impact of a trend on an industry. Catch up with her discussion on the impact of AI in packaging.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these