Contact us
E-Brochure

All posts in News

Please see below the latest Hayakawa news. We update this regularly, so please visit this page again to see what we’ve been up to.

truk

Hayakawa UK were delighted to have sponsored a car in the Wales GB Rally on 04th and 05th of October 2019, part of the World Championships. David Edwards was the driver and the co-driver was Paul Dolby, they came a highly credible 22nd overall in the national event but came first in their class. Well done to the team! This was the first time they competed in such a big event and Hayakawa UK wish them all the very best and more success in all future local & national events

 

tuc

McMillan

On 28th September, Hayakawa UK hosted a McMillan Coffee Morning in aid of McMillan Cancer Support. Hayakawa UK raised over £235, having received support from local business’ and the community.

Macmillan Cancer Support is one of the largest British charities and provides specialist health care, information and financial support to people affected by cancer. It also looks at the social, emotional and practical impact cancer can have, and campaigns for better cancer care. Hayakawa UK’s General manager Devinder Bansal,”Supporting local and national charities is something that we at Hayakawa UK hold very close to our hearts and we look forward to continuing our support and raising further funds in the future.”

20191004_095153 (1) 20190926_094231 (1) 20191004_103438 (1) IMG_0735 (1)

We are happy to announce that Hayakawa UK has once again been awarded the “Sony Green Partner” certification in recognition of our ability to manufacture wire harnesses and cable components in a way that has minimal impact on the environment.

The Sony Green Partner certification enables Hayakawa UK to be a “preferred supplier” to Sony and to other companies who seek a wire harness and cable components supplier who has achieved Green Partner status. This certification is meaningful because it reflects on our commitment to protect the environment as much as possible during our production process.

Sony awards suppliers with Green Partner Certification when they actively cooperate in producing environmentally sustainable products. The “Sony Green Partner Standards” were established in 2001 as a way to encourage its suppliers to become more environmentally responsible. Sony’s Green Partner Program restricts the use of hazardous substances in materials as described in the Sony technical standard SS-00259.

sonypartner

The automotive wiring harness market size was valued at USD 48.42 billion in 2017, expanding at a CAGR of 6.2%. Increasing integration of electronic devices into vehicles in order to provide enhanced safety features has positively influenced market growth. Employing these systems in a vehicle offers numerous benefits such as improved fuel efficiency, enhanced performance, and low probability of electrical shortage.

Hayakawa Market

 

Sale of automotive wiring harnesses is directly proportional to increased manufacturing of vehicles. Factors such as rising disposable income, increased government initiatives such as Make in India, and prevailing low labour cost in countries such as China and India have led to increased manufacturing of passenger cars and light commercial vehicles in developing economies. This, in turn, is driving sales of automotive wiring harnesses.

Automotive wiring harnesses find application in chassis for various components such as fog lamps, headlamps, infotainment systems, fuel flaps, and turn indicators. Therefore, the chassis segment accounted for over 30.0% of the overall market in 2017 and is expected to develop at a considerable growth rate from 2018 to 2025.

 

The global automotive wiring harness market accounted to US$ 47.08 Bn in 2018 and is expected to grow at a CAGR of 4.27% during the forecast period 2019 – 2027, to account to US$ 68.18 Bn by 2027. It is believed that there are more than a billion cars are on the road worldwide. Also, people have been keen on keeping cars for a longer time with them than ever before and therefore, the expenditures on the aesthetics and design of vehicles are expected to be more than ever before.

Previously, automotive wiring harness was considered to be the most overlooked suspension components in the passenger cars. However, gaining importance for fuel efficiencies while driving and surging demands for smoother rides have translated into healthy growth for wire harness products in the passenger cars.

Industry Experts Predictions

Global analysts Technavio are predicting that the international cable assembly market is set for a period of strong, steady growth; growing at a compound annual growth rate of 9.15% between 2014-2019.

automotive graph

Currently, the automotive wiring harness market is experiencing a steady growth that is attributed to numerous factors. The most significant factors that have impacted the growth of this industry are more disposable incomes with consumers and consequently the number of passenger cars on the roads; poor condition of roads in the developing and the underdeveloped economies and the parallel advancements made in the consumer products industry. Over the years, the automobile industry has experienced occasional highs and lows as a result of the changes in the economy, weather conditions, and the interest from new investors. The consumer spending on automotive components and other allied accessories have changed drastically that present significant opportunities to the businesses today.

 
 

Quick Quote

*Please note we are not an automotive spares provider for individual harnesses.

 

You may also be interested in: