Wire harnesses are designed for a range of applications, from household appliances, electronics, telecom products and vehicles to the fields of medicine, construction and aerospace. While their biggest market is the automotive industry, the R&D spotlight today is not on the dominant fuel-powered segment but on the popular green electric and hybrid alternatives.Sales of battery electric vehicles (BEV) and other EVs worldwide were expected to reach 2.5 million in 2020, according to IHS Markit's December 2020 forecast. The same report projects a surge of about 70 percent in 2021 and global sales of more than 12.2 million in 2025.
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