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.
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- Research Methodology
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Ffor industry structure analysis, the hydraulic hose fittings industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 50.79% of the revenue market. Regionally, Europe is the biggest sales value area, while China is the leader in the whole hydraulic hose fittings consumption volume.
China occupied 25.54% of the sales market in 2018. It is followed by Europe and North America, which respectively account for around 23.86% and 22.23% of the global total industry. Other countries have a smaller amount of sales.
For price trend analysis, a key variable in the performance of hydraulic hose fittings producers is raw material costs, specifically the speed at which any increase can be passed through to customers.
The worldwide market for Hydraulic Hose Fittings is expected to grow at a CAGR of roughly 3.9% over the next five years, will reach 2380 million US$ in 2024, from 1970 million US$ in 2019, according to our study.
This report focuses on the Hydraulic Hose Fittings in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- Yokohama Rubber
- Sumitomo Riko
- Ouya Hose
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Spiral Wire Hydraulic Hose
- Wire Braided Hydraulic Hose
Market Segment by Applications, can be divided into
- Industrial Application
- Engineering Machinery
Key Benefits for Hydraulic Hose Fittings Market:
- This study includes the global Hydraulic Hose Fittings market analysis, trends, and future estimations to determine the imminent investment pockets.
- The report presents information related to key drivers, restraints, and global Hydraulic Hose Fittings market opportunity.
- The global Hydraulic Hose Fittings market size is quantitatively analyzed from 2014 to 2025 to highlight the financial competency of the Hydraulic Hose Fittings industry.
- Porter’s five forces analysis illustrates the potency of buyers & suppliers in the industry.
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