A new market study is released on North America Industrial Hose Market 2021 with data Tables for historical and forecast years represented with Chats & Graphs with easy to understand detailed analysis. The report also sheds light on present scenario and upcoming trends and developments that are contributing in the growth of the market. In addition, key market boomers and opportunities driving the market growth are provided that estimates for Global North America Industrial Hose Market till 2027. The authors of the North America Industrial Hose Market report have piled up a detailed study on crucial market dynamics, including growth drivers, restraints, and opportunities.
North America Industrial Hose Market report carries out research and analysis of the market for a particular product/service which includes the investigation into customer inclinations. It performs the study of various customer capabilities such as investment attributes and buying potential. This market report involves feedback from the target audience to understand their characteristics, expectations, and requirements. The report provides new and exciting strategies for upcoming products by determining the category and features of products that the target audiences will readily accept. The global North America Industrial Hose market research report collects data about the target market such as pricing trends, customer requirements, competitor analysis, and other such details.
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Industrial hoses market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with the CAGR of 5.9% in the forecast period of 2020 to 2027 and expected to reach USD 5,390.08 Million by 2027. Growing need of safer industrial applications in terms of hoses in oil & gas sector is driving the market growth.
Increasing industrial applications and safety norms of organizations increases the demand for industrial hoses, such as in automotive industry hoses installed in air conditioner vent for better pressure flow of air, with growing number of passenger cars in the region demand for hoses increased over the last few years.
This industrial hoses market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
North America Industrial Hose Market Scope and Segmentation:
North America industrial hoses market is segmented into six notable segments which are based on the basis of type, material type, media, wire type, pressure and industry. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
- On the basis of type, the market is segmented into hydraulic hoses, layflat hose, wras hose, oil resistant hose, corrugated hoses, stripwound, thermo-duct and others. In 2020, hydraulic hoses segment dominating the market as it has the capability of creating high pressure from low pressure input using low torque equipment.
- On the basis of material type, the market is segmented into rubber, polyurethane, polyvinyl chloride, metal, thermoplastics, composite, silicone, others. In 2020, rubber is dominating the material segment, rubber is widely used for manufacturing hoses as rubber possesses properties of handling high pressure and is highly flexible.
- On the basis of media, the market is segmented into oil, water, gas. In 2020, oil accounts for largest market share in media segment as application of hoses and pipes are more essential in oil industry in order to enhance safety and reliability since most of the oil products are inflammable.
- On the basis of wire type, the market is segmented into wire braided, spiral wire. In 2020, braided wires accounted largest market share as it can withstand high pressure and maintain the flow, also braided wire require less length in comparison to spiral wire.
- On the basis of pressure, the market is segmented into low pressure (less than 3000 Psi), medium pressure (between 3000 to 6000), and high pressure (more than 6000). In 2020, low pressure (less than 3000 Psi) accounted largest market share low pressure applications such as gas flow, water flow in most of the industrial applications where hoses prevent loss of flow.
- On the basis of industry, the market is segmented into oil and gas, water, agriculture, food and beverages, pharmaceuticals, automotive, mining, others. In 2020, oil and gas sector accounted largest market share due to the growing consumption of oil across the region, also according to Investopedia. U.S. is largest producer of oil and accounts for 18% of world’s oil production.
North America Industrial Hose Market Country Level Analysis
- North America (United States, Canada & Mexico)
- Asia-Pacific (Japan, China, India, Southeast Asian Countries & Australia etc.)
- Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands & Belgium etc.)
- Central & South America (Brazil, Argentina, LATAM etc.)
- Middle East & Africa (United Arab Emirates, Qatar, Saudi Arabia, Israel & South Africa etc.)
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC at @ https://www.databridgemarketresearch.com/toc/?dbmr=north-america-industrial-hose-market&Somesh
Leading Key Players Operating in the North America Industrial Hose Market Includes:
The major players covered in the report are Eaton, PARKER HANNIFIN CORP, RYCO Hydraulics, Kurt Manufacturing, Transfer Oil S.p.A, ContiTech AG (A Subsidiary of Continental AG), Kanaflex Corporation Co.,ltd., Pacific Echo, Gates Corporation, KURIYAMA OF AMERICA, INC. (A Subsidiary of Kuriyama Holdings Corporation), Titeflex (A Subsidiary of Smiths Group Plc), Flexaust Inc., Salem-Republic Rubber Company, , Dixon Valve & Coupling Company, LLC, Titan Fittings among other domestic players. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Many product developments are also initiated by the companies worldwide which are also accelerating the growth of Industrial hoses market.
- In March 2019, Gates Corporation launched new PRO series products, these new products have ProXT hydraulic hose line and PRO series couplings. ProXT hydraulic hose are made of various standards such as SAE 100R2/R16, ISO 11237 R16 and EN 857 2SC. The product launch helped the company to widen its product portfolio
- In October 2017, PARKER HANNIFIN CORP announced launch of 187 Hose, a 7MPa / 1000 psi constant working pressure hose. These products can perform withstanding pressure conditions in mining applications. This product launch helped the company to increase its application in mining industry.
Partnership, joint ventures and other strategies enhances the company market share with increased coverage and presence. It also provides the benefit for organisation to improve their offering for industrial hoses through expanded range of size for multiple applications.
What Are The Key Findings of the Report?
- Historical and current year revenue of related North America Industrial Hose Market players analyzed at regional level.
- One by one company profile of prominent stakeholders.
- Analysis of the Market size on the basis of product type and end use type.
- Porter’s five forces analysis highlights the potency of the buyers and the suppliers to enable stakeholders to make profit-oriented business decisions and strengthen their supplier–buyer network.
- In-depth analysis of the market segmentation assists in determining the prevailing market opportunities.
- Major countries in each region are mapped according to their revenue contribution to the global North America Industrial Hose Market industry.
- Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
- Questions answered in the North America Industrial Hose Market research report:
- Who are the leading market players active in the market?
- What would be the detailed impact of COVID-19 on the market size?
- What current trends would influence the market in the next few years?
- What are the driving factors, restraints, and opportunities in the North America Industrial Hose Market industry?
- What are the projections for the future that would help in taking further strategic steps?
Table of Content:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: INTRODUCTION
PART 05: MARKET LANDSCAPE
PART 06: MARKET SIZING
PART 07: FIVE FORCES ANALYSIS
PART 08: MARKET SEGMENTATION BY PRODUCT
PART 09: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
PART 10: CUSTOMER LANDSCAPE
PART 11: MARKET SEGMENTATION BY END-USER
PART 12: REGIONAL LANDSCAPE
PART 13: DECISION FRAMEWORK
PART 14: DRIVERS AND CHALLENGES
PART 15: MARKET TRENDS
PART 16: COMPETITIVE LANDSCAPE
PART 17: COMPANY PROFILES
PART 18: APPENDIX
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