Global Automotive Brake Hose Market
is valued approximately USD XXX billion in 2019 and is anticipated to grow with
a healthy growth rate of more than XX % over the forecast period 2020-2027.
Automotive Brake Hose are flexible tube connecting the braking pipes of
adjoining vehicles. The hose carries brake fluid from brake line fixed to the
car's body to the brake caliper on the wheel. The enhanced flexibility of the
hose allows the wheel to move with suspension. The market growth is primarily
driven by rising demand for lightweight vehicle across the globe. As per OICA,
the production of Light Commercial vehicles increased by 3% in the European
Union countries. As in the first quarter of 2018 the production in France was
495 thousand units which increased to 527 thousand units. Similarly, in Spain
the production increased from 496 thousand units to 524 thousand in the same
period. The increasing demand for better and efficient braking system is the
major factor driving the market growth. Furthermore, the supportive
governmental policies regarding the safety concerns of the passengers is
expected to drive the market growth in near future. However, the use of liners
as an alternative is the major restraint to the market. However, use of liner
as an alternative impedes the growth of the market over the forecast period of
2020-2027.
The regional analysis of global
Automotive Brake Hose market is considered for the key regions such as
Asia Pacific, North America, Europe, Latin America and Rest of the World.
Europe is the leading/significant region across the world in terms of market
share owing to the growing production in automotive and presence of major OEMs
in the region. Whereas, Asia-Pacific is also anticipated to exhibit highest
growth rate / CAGR over the forecast period 2020-2027. Factors such as rising
disposable income coupled with changing lifestyle has increased the demand for
cars in the region which would create lucrative growth prospects for the
Automotive Brake Hose market across Asia-Pacific region.
Major market player included in this report are:
Mando America Corporation
Dana Incorporated
Avon Products Inc
Kokoku Rubber Industry Co Ltd
Meritor Inc.
AISIN U.S.A. Mfg Inc.
Harman International Industries Inc
Cooper-Standard Automotive Inc.
Hitachi Cable America Inc.
Bosch Rexroth Hydraulics
The objective of the study is to
define market sizes of different segments & countries in recent years and
to forecast the values to the coming eight years. The report is designed to
incorporate both qualitative and quantitative aspects of the industry within
each of the regions and countries involved in the study. Furthermore, the
report also caters the detailed information about the crucial aspects such as
driving factors & challenges which will define the future growth of the
market. Additionally, the report shall also incorporate available opportunities
in micro markets for stakeholders to invest along with the detailed analysis of
competitive landscape and product offerings of key players. The detailed
segments and sub-segment of the market are explained below:
By Type:
Rubber type
Synthetic Material type
By Application:
Passenger Vehicle
Commercial vehicle
Two Wheeler
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for
the study are as follows:
Historical year-2017, 2018
Base year-2019
Forecast period-2020 to 2027
Target Audience of the Global
Automotive Brake Hose Market in Market Study:
Key Consulting Companies &
Advisors
Large, medium-sized, and small
enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
For More Information, Click on the Link Below:-
Contact Us:-
Ken
Research
Ankur Gupta, Head Marketing &
Communications
+91-9015378249
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