Press release
Hydraulic Hose Market 2020 Current Trends, Business Opportunity and Outlook - Parker, Manuli, Alfagomma, Yokohama Rubber, Gates, Bridgestone
Hydraulic Hose Market
The New report includes a detailed study of Global Hydraulic Hose Market. It is the result of a comprehensive research carried out keeping in mind the different parameters and trends dominating the global Hydraulic Hose Market.
The global Hydraulic Hose market is valued at 1914.9 million US$ in 2020 is expected to reach 2873.1 million US$ by the end of 2026, growing at a CAGR of 5.9% during 2021-2026.
A hydraulic hose 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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Top Key Players in the Market:
Parker, Manuli, Alfagomma, Yokohama Rubber, Gates, Bridgestone, Eaton, Semperit, HANSA-FLEX, Sumitomo Riko, Continental, RYCO, Kurt, LETONE-FLEX, Dagong, YuTong, Ouya Hose, Jintong, JingBo, Yuelong, Luohe YiBo, Hengyu, etc.
Latest news and developments:
04/25/2016: Parker is adding new material sources for fiber-reinforced hydraulic hoses in their Parflex division. These sources will strengthen the supply chain without changing the form or functionality of the product. Hose series that will be affected by this change include the 510A, 510B and 510C series, the 53DM/538DM series, and the 540N series. Please see the image below for a more complete list of the hoses that will be using the new approved sources.
03/10/2016: Parker's 53DM/538DM DuraMax(TM) low-temperature hydraulic hose is an excellent choice for construction and agriculture in cold climates, refrigeration, cold storage and other industries where equipment is regularly exposed to freezing temperatures. The low coefficient of friction and high abrasion resistance in the original, matte copolyester cover has made 53DM/538DM ideal for a variety of applications, including over-the-sheave for lift trucks. It also has a superior bend radius (when compared to SAE J517 and 100R18), and smaller O.D. than 100R7 and 100R18. The 538DM hose is non-conductive, meeting SAE J517 standards.
19TH JANUARY 2018: Global leader in motion and control technologies Parker Hannifin introduced the GlobalCore 187 High Performance Hydraulic Hose, a 7 MPa/1 000 psi constant working pressure hose, to enhance its GlobalCore product line. Announced towards the end of last year, the 187 Hose is designed to provide maximum performance, flexibility and hose life in demanding hydraulic applications across a variety of markets.
This research report categorizes the global Hydraulic Hose market by top players/brands, region, type and end user. This report also studies the global Hydraulic Hose market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.
For industry structure analysis, the Hydraulic Hose 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 49 % of the revenue market. Regionally, Asia-Pacific is the biggest sales value area, also the leader in the whole Hydraulic Hose industry.
Market Segment by Type:
Spiral wire hydraulic hose
Wire braided hydraulic hose
Market Segmentation by Application:
Engineering Machinery
Mining Industry
Industrial
Others
The report provides in-depth comprehensive analysis for regional segments that covers North America, Europe, Asia-Pacific, Middle East and Africa and Rest of World in Global Outlook Report with Market definitions, classifications, manufacturing processes, cost structures, development policies and plans.
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In this study, the years considered to estimate the market size of Hydraulic Hose are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Influence of the Hydraulic Hose market report:
o Comprehensive assessment of all opportunities and risk in the Hydraulic Hose market.
o Hydraulic Hose market recent innovations and major events.
o Detailed study of business strategies for growth of the Hydraulic Hose market-leading players.
o Conclusive study about the growth plot of Hydraulic Hose market for forthcoming years.
o In-depth understanding of Hydraulic Hose market-particular drivers, constraints and major micro markets.
o Favourable impression inside vital technological and market latest trends striking the Hydraulic Hose market.
The research includes historic data from 2014 to 2020 and forecasts until 2026 which makes the report's an invaluable resource for industry executives, Marketing, Sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.
We Offer Customization on report based on specific client Requirement:
- Free country Level analysis for any 5 countries of your choice.
- Free Competitive analysis of any 5 key market players.
- Free 40 analyst hours to cover any other data point.
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MarketInsightsReports provides syndicated Market research reports to industries, organizations or even individuals with an aim of helping them in their decision making process. MarketInsightsReports has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.
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