The market for automotive wire harnesses was assessed at $48,614.7 million in 2022, and from 2023 to 2030, it is anticipated to rise at a CAGR of 3.3 percent. One of the main factors driving the demand for automotive harnesses within the electric vehicle landscape is the rising adoption of electric vehicles, which is coupled with consistent support from government organizations in the form of incentives to vehicle manufacturers and consumers.
This is boosting the growth of the automotive wiring harness market. Additionally, the market expansion is attributable to the increasing adoption of cutting-edge technologies like vehicle-to-vehicle communication, self-healing for electric vehicles, smart battery systems, and smart braking & safety systems among others. Amphenol Omniconnect, incorporated in April 2008 is the newest addition to Amphenol Operation in India. The firm is one of the leading suppliers of Automotive, Broadband, Mobile Networks & Industrial interconnecting solutions.
Range of Solutions
Amphenol entered the Indian market in 1972, establishing its first manufacturing footprint in Pune followed by a second unit in Bangalore to cater to the defense and telecommunication market in India.Perceiving the increasing demand across other areas like Mobile communication, Automotive, and Industrial application the company geared up to step up a new facility to meet the rising needs of these markets.
This facility was set up in Chennai under the banner of Amphenol Omniconnect India which is more of a manufacturing campus for different Amphenol verticals.
The firm today not only offers a wide range of automotive wiring harness manufacturing solutions but also offers solutions for Connectivity, Power supply, E-Mobility, Lighting, Sensors & Switches, and Connectors Systems for the automotive market in India. The company along with solutions for the Automotive industry also offers interconnecting solutions to various market segments like Mobile devices, IT Datacom, Mobile Networks, Broadband, Defense, Commercial Air & Industrial sectors from its 7 different manufacturing footprints in India. What sets Amphenol apart is its high-performance culture of entrepreneurial accountability in ensuring a sustainable future. By giving the local management around the world the authority to run the respective businesses, the entire Amphenol organization is empowered to truly “think globally, but act locally".
At Amphenol we derive purpose and satisfaction from knowing that our life-changing innovation and products help to enable technologies that improve the lives of people around the world, support the well-being of our employees and communities and sustain the health of our planet
"Amphenol is one of the largest manufacturers of interconnect products in the world. We would hence bring the latest new products designed and developed for the Global market to India in the field of electrical connectors and wire harness components, sensors, high and low voltage power electronic components, and interconnect solutions for the growing automotive Indian market to support locally", shares Manu Varghese, Managing Director, Amphenol Omniconnect.
Amphenol Omniconncect will also offer an adequate scalable service to satisfy individual customer needs from specific interconnect solutions, and standard connector systems up to full harness assemblies on a global base. These services are based on strong local support for engineering, quality, manufacturing, and logistics. "We believe in bringing new technologies needed in the market into our force, not only by developing new products but also by acquiring product & technology-driven companies. In the last 10 years, Amphenol has acquired 50 technology-driven companies and we would focus on acquiring interconnect solution companies in India too", concludes Manu.