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Wilmington, Delaware, United States , Aug. 24, 2023 (GLOBE NEWSWIRE) -- Transparency Market Research Inc. - The wire harness market on a global scale is poised to thrive, exhibiting a robust CAGR of 5.6% between 2023 and 2031. Presently, in 2023, the wire harness market is anticipated to conclude at a value of around US$ 88.5 billion. Increasing government regulations, industrial automation, and a rise in focus on lightweight wiring solutions, boost the market demand in the region. Competitive LandscapeThe global wire harness market is fragmented, with the presence of a small number of leading players. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in all of its business reports.