Market Overview:
The global wire braided hydraulic hose market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for high-pressure hydraulics systems in various industries such as agriculture, automotive, and construction. Additionally, the growing demand for multi-wire braid hoses in Asia Pacific is also contributing to the growth of this market. However, volatility in raw material prices may restrain the growth of this market during the forecast period. Based on type, single wire braid hose held a major share of the global wire braided hydraulic hose market in 2017 and is expected to maintain its dominance during the forecast period. This can be attributed to its low cost and easy installation compared with other types of hoses available in this market.
Product Definition:
A wire braided hydraulic hose is a type of hydraulic hose that uses a braided wire reinforcement to increase the strength and durability of the hose. This type of hydraulic hose is often used in high-pressure applications, such as those found in the automotive or industrial sectors. The wire braiding helps to prevent the hose from kinking or collapsing, which can cause damage to the inner tubing and lead to fluid leakage.
Single Wire Braid Hose:
Single wire braid hose is a type of hydraulic hose that uses one wire as the sealing element. The single wire braid hose has several advantages over the traditional two or three wires, which makes it more efficient and cost effective.
Double Wire Braid Hose:
Double wire braid hose is a type of hydraulic hose that consists of two heavy wires running side by side to provide strength and support to the hose. The two wires act as reinforcement bars for the transmission of stress from the internal pressure in case of a rupture, which helps in avoiding spillage.
The product finds application majorly in oil & gas, mining, construction and other industries where there is potential risk involved with high pressure liquids or gases.
Application Insights:
The industry high pressure hydraulic systems application segment dominated the market in 2017. This is attributed to the growing demand for oil & gas, construction and mining sectors. The agriculture high pressure hydraulic systems application segment is expected to witness significant growth over the forecast period owing to increasing use of wire braided hoses in agricultural machinery such as tractors, combines harvesters and trucks among others.
The others application segment includes automotive, marine and transportation among other industries that require low-pressure hydraulics such as food processing plants or beverage distribution centers. Increasing automobile production across various regions coupled with rising consumer demand has resulted in increased utilization of these products which is expected drive growth over the forecast period.
Regional Analysis:
The Asia Pacific dominated the global wire braid hydraulic hose market in 2017 and is expected to continue its dominance over the forecast period. The presence of key players such as Advantech, Shenzhen Hose Technology Co., Ltd., and Ningdeo Huosheng (NHK) Co., Ltd. has contributed to this growth. In addition, increasing demand for industrial automation coupled with growing automotive industry in countries such as China, India, Japan is anticipated to drive the market further.
In North America also known as Western Europe region; companies are focusing on reducing their energy consumption by 20% or more through sustainable Hydraulic Hoses products that comply with international standards including API 653 Type I & II and JIS L6105-1995 standard which will help them gain competitive advantage in future years ahead.
Growth Factors:
- Increasing demand for hydraulic hose in the automotive and construction industries
- Growing popularity of wire braided hydraulic hose in North America and Europe
- Rising awareness about the benefits of using wire braided hydraulic hose over traditional hoses
- Technological advancements in manufacturing process of wire braided hydraulic hose
- Growing demand for high-pressure applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Wire Braided Hydraulic Hose Market Research Report
By Type
Single Wire Braid Hose, Double Wire Braid Hose, Multi Wire Braid Hose
By Application
Industry High Pressure Hydraulic Systems, Agriculture High Pressure Hydraulic Systems, Others
By Companies
Parker, Manuli, Alfagomma, Yokohama Rubber, Gates, Bridgestone, Eaton, Semperit, HANSA-FLEX, Sumitomo Riko, Hangzhou Jinjiang Group, Hengshui Yatai, Hebei Qianli Rubber Products, Kurt Hydraulics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
129
Number of Tables & Figures
91
Customization Available
Yes, the report can be customized as per your need.
Global Wire Braided Hydraulic Hose Market Report Segments:
The global Wire Braided Hydraulic Hose market is segmented on the basis of:
Types
Single Wire Braid Hose, Double Wire Braid Hose, Multi Wire Braid Hose
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Industry High Pressure Hydraulic Systems, Agriculture High Pressure Hydraulic Systems, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Parker
- Manuli
- Alfagomma
- Yokohama Rubber
- Gates
- Bridgestone
- Eaton
- Semperit
- HANSA-FLEX
- Sumitomo Riko
- Hangzhou Jinjiang Group
- Hengshui Yatai
- Hebei Qianli Rubber Products
- Kurt Hydraulics
Highlights of The Wire Braided Hydraulic Hose Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Wire Braid Hose
- Double Wire Braid Hose
- Multi Wire Braid Hose
- By Application:
- Industry High Pressure Hydraulic Systems
- Agriculture High Pressure Hydraulic Systems
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Wire Braided Hydraulic Hose Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Wire braided hydraulic hose is a type of hydraulic hose made from multiple strands of wire that are braided together. This type of hose is often used in applications where high pressure and durability are required, such as oil and gas drilling rigs and construction sites. Wire braided hydraulic hose is also popular for use in water systems, as it can withstand higher pressures than other types of hydraulic hoses.
Some of the key players operating in the wire braided hydraulic hose market are Parker, Manuli, Alfagomma, Yokohama Rubber, Gates, Bridgestone, Eaton, Semperit, HANSA-FLEX, Sumitomo Riko, Hangzhou Jinjiang Group, Hengshui Yatai, Hebei Qianli Rubber Products, Kurt Hydraulics.
The wire braided hydraulic hose market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Wire Braided Hydraulic Hose Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Wire Braided Hydraulic Hose Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Wire Braided Hydraulic Hose Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Wire Braided Hydraulic Hose Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Wire Braided Hydraulic Hose Market Size & Forecast, 2018-2028
4.5.1 Wire Braided Hydraulic Hose Market Size and Y-o-Y Growth
4.5.2 Wire Braided Hydraulic Hose Market Absolute $ Opportunity
Chapter 5 Global Wire Braided Hydraulic Hose Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Wire Braided Hydraulic Hose Market Size Forecast by Type
5.2.1 Single Wire Braid Hose
5.2.2 Double Wire Braid Hose
5.2.3 Multi Wire Braid Hose
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Wire Braided Hydraulic Hose Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Wire Braided Hydraulic Hose Market Size Forecast by Applications
6.2.1 Industry High Pressure Hydraulic Systems
6.2.2 Agriculture High Pressure Hydraulic Systems
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Wire Braided Hydraulic Hose Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Wire Braided Hydraulic Hose Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Wire Braided Hydraulic Hose Analysis and Forecast
9.1 Introduction
9.2 North America Wire Braided Hydraulic Hose Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Wire Braided Hydraulic Hose Market Size Forecast by Type
9.6.1 Single Wire Braid Hose
9.6.2 Double Wire Braid Hose
9.6.3 Multi Wire Braid Hose
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Wire Braided Hydraulic Hose Market Size Forecast by Applications
9.10.1 Industry High Pressure Hydraulic Systems
9.10.2 Agriculture High Pressure Hydraulic Systems
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Wire Braided Hydraulic Hose Analysis and Forecast
10.1 Introduction
10.2 Europe Wire Braided Hydraulic Hose Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Wire Braided Hydraulic Hose Market Size Forecast by Type
10.6.1 Single Wire Braid Hose
10.6.2 Double Wire Braid Hose
10.6.3 Multi Wire Braid Hose
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Wire Braided Hydraulic Hose Market Size Forecast by Applications
10.10.1 Industry High Pressure Hydraulic Systems
10.10.2 Agriculture High Pressure Hydraulic Systems
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Wire Braided Hydraulic Hose Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Wire Braided Hydraulic Hose Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Wire Braided Hydraulic Hose Market Size Forecast by Type
11.6.1 Single Wire Braid Hose
11.6.2 Double Wire Braid Hose
11.6.3 Multi Wire Braid Hose
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Wire Braided Hydraulic Hose Market Size Forecast by Applications
11.10.1 Industry High Pressure Hydraulic Systems
11.10.2 Agriculture High Pressure Hydraulic Systems
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Wire Braided Hydraulic Hose Analysis and Forecast
12.1 Introduction
12.2 Latin America Wire Braided Hydraulic Hose Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Wire Braided Hydraulic Hose Market Size Forecast by Type
12.6.1 Single Wire Braid Hose
12.6.2 Double Wire Braid Hose
12.6.3 Multi Wire Braid Hose
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Wire Braided Hydraulic Hose Market Size Forecast by Applications
12.10.1 Industry High Pressure Hydraulic Systems
12.10.2 Agriculture High Pressure Hydraulic Systems
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Wire Braided Hydraulic Hose Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Wire Braided Hydraulic Hose Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Wire Braided Hydraulic Hose Market Size Forecast by Type
13.6.1 Single Wire Braid Hose
13.6.2 Double Wire Braid Hose
13.6.3 Multi Wire Braid Hose
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Wire Braided Hydraulic Hose Market Size Forecast by Applications
13.10.1 Industry High Pressure Hydraulic Systems
13.10.2 Agriculture High Pressure Hydraulic Systems
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Wire Braided Hydraulic Hose Market: Competitive Dashboard
14.2 Global Wire Braided Hydraulic Hose Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Parker
14.3.2 Manuli
14.3.3 Alfagomma
14.3.4 Yokohama Rubber
14.3.5 Gates
14.3.6 Bridgestone
14.3.7 Eaton
14.3.8 Semperit
14.3.9 HANSA-FLEX
14.3.10 Sumitomo Riko
14.3.11 Hangzhou Jinjiang Group
14.3.12 Hengshui Yatai
14.3.13 Hebei Qianli Rubber Products
14.3.14 Kurt Hydraulics
