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The North America hydraulic hose market size is projected to grow at a CAGR of 4.3% between 2024 and 2032. The growth of the market can be attributed to rapid technological advancements and rising interest towards high-performance materials for hose production.
Hydraulic hose is a flexible, reinforced tube designed to transport hydraulic fluid to (or between) hydraulic components, machinery, or equipment. It is a critical component in hydraulic systems, which use liquid pressure to generate force and transmit power within machinery or equipment.
The primary function of a hydraulic hose is to transport hydraulic fluid under pressure to generate mechanical force for various applications. These hoses are constructed to withstand high-pressure conditions, often operating in challenging environments, and they are designed to handle different types of hydraulic fluids, such as oils, water, or synthetic fluids, depending on the application.
Based on type, the market can be divided into spiral wire hydraulic hose and wire braided hydraulic hose, among others. The North America hydraulic hose market segmentation, based on product, includes reinforced, corrugated, and coiled, among others.
The market, based on application, is categorised into agriculture, construction, and material handling, among others. The major regional markets for hydraulic hoses in North America are the United States of America and Canada.
The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis. The report gives a detailed analysis of the following key players in the North America hydraulic hose market, covering their competitive landscape and latest developments like mergers, acquisitions, investments, and expansion plans.
The growing demand for wire braided hydraulic hose from construction and agriculture sector is expected to significantly influence the North America hydraulic hose market share during the forecast period. Wire braided hoses offer superior strength and durability compared to other types of hoses. The reinforcement with high-tensile steel wire provides robustness, allowing these hoses to withstand high-pressure applications and challenging operating conditions.
In addition, wire braided hoses are resilient against abrasion, which is a common concern in industrial settings where hoses might come into contact with rough surfaces or materials.
According to the North America hydraulic hose market analysis, the United States of America has been witnessing rapid development in sectors like construction, agriculture, mining, and manufacturing, which propels the demand for hydraulic machinery and equipment, subsequently boosting the need for hydraulic hoses.
Moreover, manufacturers are increasingly following the global trend towards sustainability and environmentally friendly solutions. Companies are focusing on producing hydraulic hoses using recyclable materials and processes that reduce their environmental impact.
Parker-Hannifin is a global leader in motion and control technologies, specialising in the development and manufacture of precision-engineered solutions for various fields, including aerospace, industrial, and automotive sectors. Its headquarter is located in Ohio, United States of America, and it offers a diverse range of products such as electromechanical, hydraulic, and pneumatic systems, fluid connectors, filtration systems, and more.
Eaton Corporation is a multinational power management company providing energy-efficient solutions for electrical, hydraulic, and mechanical power systems. They manufacture products for electrical power distribution and control, as well as components for aerospace and hydraulic systems. Eaton's offerings encompass a broad spectrum of products related to power management and control.
Bridgestone Corporation, established in 1931, stands as a leading Japanese multinational tire manufacturer. The company is famous for making top-notch tires and rubber products and do much more than that. They also offer solutions like industrial rubber, chemicals, and even sports gear. Their range of products goes way beyond just tires, showing how versatile they are in making different stuff for various uses.
Other hydraulic hose market players in North America are ContiTech AG, Gates Corporation, Manuli Hydraulics, and Kurt Manufacturing, among others.
REPORT FEATURES | DETAILS |
Base Year | 2023 |
Historical Period | 2018-2023 |
Forecast Period | 2024-2032 |
Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
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Breakup by Type |
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Breakup by Product |
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Breakup by Application |
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Breakup by Region |
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Market Dynamics |
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Competitive Landscape |
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Companies Covered |
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*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 North America Hydraulic Hose Market Overview
8.1 Key Industry Highlights
8.2 North America Hydraulic Hose Historical Market (2018-2023)
8.3 North America Hydraulic Hose Market Forecast (2024-2032)
9 North America Hydraulic Hose Market by Type
9.1 Spiral Wire Hydraulic Hose
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Wire Braided Hydraulic Hose
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
9.3 Others
10 North America Hydraulic Hose Market by Product
10.1 Reinforced
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Corrugated
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Coiled
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Others
11 North America Hydraulic Hose Market by Application
11.1 Agriculture
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Construction
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 Material Handling
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 Others
12 North America Hydraulic Hose Market by Country
12.1 United States of America
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.1.3 Market by Region
12.1.3.1 New England
12.1.3.2 Mideast
12.1.3.3 Great Lakes
12.1.3.4 Plains
12.1.3.5 Southeast
12.1.3.6 Southwest
12.1.3.7 Rocky Mountain
12.1.3.8 Far West
12.2 Canada
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.2.3 Market by Region
12.2.3.1 British Columbia
12.2.3.2 Alberta
12.2.3.3 The Prairies
12.2.3.4 Central Canada
12.2.3.5 Atlantic Canada
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyer’s Power
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Parker-Hannifin Corporation
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Eaton Corporation plc
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Bridgestone Corporation
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 ContiTech AG
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 Gates Corporation
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Manuli Hydraulics
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Kurt Manufacturing
14.2.7.1 Company Overview
14.2.7.2 Product Portfolio
14.2.7.3 Demographic Reach and Achievements
14.2.7.4 Certifications
14.2.8 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. North America Hydraulic Hose Market: Key Industry Highlights, 2018 and 2032
2. North America Hydraulic Hose Historical Market: Breakup by Type (USD Million), 2018-2023
3. North America Hydraulic Hose Market Forecast: Breakup by Type (USD Million), 2024-2032
4. North America Hydraulic Hose Historical Market: Breakup by Product (USD Million), 2018-2023
5. North America Hydraulic Hose Market Forecast: Breakup by Product (USD Million), 2024-2032
6. North America Hydraulic Hose Historical Market: Breakup by Application (USD Million), 2018-2023
7. North America Hydraulic Hose Market Forecast: Breakup by Application (USD Million), 2024-2032
8. North America Hydraulic Hose Historical Market: Breakup by Country (USD Million), 2018-2023
9. North America Hydraulic Hose Market Forecast: Breakup by Country (USD Million), 2024-2032
10. North America Hydraulic Hose Market Structure
The market is projected to grow at a CAGR of 4.3% between 2024 and 2032.
The market is driven by growing industrialisation, advancements in technology and materials science, and the rapid development of e-commerce sector to facilitate direct sales support for customers.
The growing utilisation of high-performance materials for hose production and the expansion strategies adopted by leading market players to serve key markets are expected to propel the demand growth.
The major regional markets are the United States and Canada.
The different types of hydraulic hose are spiral wire hydraulic hose and wire braided hydraulic hose, among others.
The different products are reinforced, corrugated, and coiled, among others.
The different end-uses are agriculture, construction, and material handling, among others.
The key players in the market include Parker-Hannifin Corporation, Eaton Corporation plc, Bridgestone Corporation, ContiTech AG, Gates Corporation, Manuli Hydraulics, and Kurt Manufacturing, among others.
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