Railway Wiring Harness Market Size & Share Report 2026

Railway Wiring Harness Market
The railway wiring harness market, by value, was USD 1.5 billion in 2021. It is projected to grow at a CAGR of 4.6% from 2021 to 2026, to reach USD 1.9 billion by 2026. Asia Pacific accounted for the largest share of the market in 2020. This region is home to OEMs such as Hitachi Ltd. (Japan), Samvardhana Motherson International Limited (India), Furukawa Electric Co. (Japan), Taihan Wire Co, Ltd (South...

Railway Wiring Harness Market Size, Industry Share, Forecast 2026

Railway Wiring Harness Market
The global railway wiring harness market is expected to witness significant growth in the coming years. The market, valued at USD 1.5 billion in 2021, is projected to grow at a CAGR of 4.6% from 2021 to 2026, reaching USD 1.9 billion by 2026. The Asia Pacific region currently holds the largest share of the market, driven by the presence of prominent OEMs such as Hitachi Ltd., Samvardhana Motherson...

Railway Wiring Harness Market Size, Share & Industry Report 2026

Railway Wiring Harness Market
The global railway wiring harness market is expected to witness significant growth in the coming years. The market, valued at USD 1.5 billion in 2021, is projected to grow at a CAGR of 4.6% from 2021 to 2026, reaching USD 1.9 billion by 2026. The Asia Pacific region currently holds the largest share of the market, driven by the presence of prominent OEMs such as Hitachi Ltd., Samvardhana Motherson...

Railway Wiring Harness Market Size, Share, Industry Forecast 2026

Railway Wiring Harness Market
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, government investment in railways, increase in rail network length, adoption of metro and high-speed rail. For example, in December 2019, Deutsche...