The global Hydraulic Hose and Fittings market was valued at US$ 1965 million in 2020 and it is expected to reach US$ 2946.7 million by the end of 2027, growing at a CAGR of 6.0% during 2021-2027.
A hydraulic hose (or hydraulic hose fitting) is a synthetic rubber hose, which can withhold high pressure. The hydraulic hose is mainly used to transmit fluid power or fluid within hydraulic machinery. A hydraulic hose is consisting of an inner rubber protection layer, middle rubber layer, steel wire spiral layer and external rubber cover. The inner rubber protection layer resistant to liquids and protects the steel wire spiral layer from corrosion. The external rubber cover protects the steel wire spiral layer against damage. While the steel wire spiral layer plays a role like bones of human.
Global Hydraulic Hose key players are mainly located in US, Europe and Japan, like Parker, Gates, Manuli, Yokohama Rubber, Alfagomma, Bridgestone, Sumitomo Riko and Eaton, etc. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 50% of the revenue market. In terms of application, Industrial is the largest application with a share over 50 percent.
Global Hydraulic Hose and Fittings Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Hydraulic Hose and Fittings Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Parker, Gates, Manuli, Yokohama Rubber, Alfagomma, Bridgestone, Sumitomo Riko, Eaton, Semperit, Hansa-Flex, Continental, Ryco, Kurt, Letone-Flex, Dagong, YuTong, Ouya Hose, JingBo, Jintong, Yuelong and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Wire Braided Hydraulic Hose Fittings
- Spiral Wire Hydraulic Hose Fittings
Segment by Application
- Industrial Application
- Engineering Machinery
Table of Content:
1 Hydraulic Hose and Fittings Market Overview
2 Hydraulic Hose and Fittings Market Competition by Manufacturers
3 Hydraulic Hose and Fittings Retrospective Market Scenario by Region
4 Global Hydraulic Hose and Fittings Historic Market Analysis by Type
5 Global Hydraulic Hose and Fittings Historic Market Analysis by Application
6 Key Companies Profiled
7 Hydraulic Hose and Fittings Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Hydraulic Hose and Fittings Market Dynamics
10 Global Hydraulic Hose and Fittings Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.