Showing posts with label Hose Pipe Market Trends. Show all posts
Showing posts with label Hose Pipe Market Trends. Show all posts

Friday, July 14, 2017

Construction, Sales and Repair of Automobile, and Mechanization in Manufacturing and Agriculture will Grow the demand of Hoses in Global Market: Ken Research

Recovery in Chinese economy, Rise in Global Demand for Automobiles and Mechanization in Agriculture and manufacturing in Emerging Economies will drive the Market for Global Hose Pipe
The report titled “Global Automotive and Hydraulic Hose Pipe Market Outlook to 2021 - Growth in Global Construction and Rising Demand for Automobiles will Drive the Future” by Ken Research suggested that market for automotive and hydraulic hoses will register a positive growth in the future as manufacturing sector is recovering in all major economies. Asia Pacific will continue to maintain its dominance in the hose market as it caters to some of the largest manufacturing economies and has a very large consumer base in the world.
The market for global hose pipe was determined based on the revenue generated from sale of automotive and hydraulic hose. Hydraulic hose led the market and all major companies in both hydraulic and automotive hose segment. Global automotive and hydraulic hose pipe market registered a positive CAGR in 2011-2016, and is expected to maintain the momentum of growth in future. In 2012-2013, construction and manufacturing was at boom in China leading to increased demand for equipments, machines and tools. Many of these equipments have fluids flowing through them as fuel, lubrication fluid, power transmission fluid and others creating demand for hoses. The oil and gas prices were on surge and many companies had expanded their business in the sector creating demand for hoses in the industrial sector. Asia Pacific was the biggest region in terms of revenue followed by the Americas and EMEA.
Hose pipes can bear limited pressure and temperature because of their construction material. Their flexibility makes it easier to store large sections and reduce number of intersections. Demand for replacement of old hose pipes is another segment contributing to the revenue of hose pipe in the market. Hose have limited life and need to be maintained under proper condition to ensure their longevity. The market for hose pipe was largely dominated by many large players such as Manuli, Trelleborg, Gates and others. Demand for B2B sales was the key source of revenue and were largely dominated by large industry players with global presence.
Key Topics Covered in the Report
Indonesia Parker Market Share Hose Pipe
Automotive Hose Pipe Market Competition
Competition Hose Pipe Global
Future Hose Pipe Market Global
Indonesia Hose Pipe Market Size
Global Hydraulic Hose Pipe Market
India Hose Pipe Market
Indonesia Hose Pipe Industry
Global Automotive Hose Pipe Market
Future Hose Pipe Market
To know more about the report:
Related Reports
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
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Thursday, July 13, 2017

Recovery of Manufacturing in China and India along with Rising Demand for Automobiles will Guide the Hose Pipe Market Future: Ken Research

Automotive hose is expected to register constant growth as demand for commercial and private vehicles increases.
Mechanization will drive growth for hydraulic hoses used in various machineries.
Small investment required for setting up an assembly unit will help in diversifying the hose manufacturing to different geographies.
Improving resistance to wear and increased capability to bear extreme temperature and pressure will expand the scope of processes where hose can be used.
Analysts at Ken Research in their latest publication Global Automotive and Hydraulic Hose Pipe Market Outlook to 2021 believe that R&D expenditure must be increased to attract the best minds and resources to develop the industry. Governments must ensure that IPR must be protected to promote R&D. Companies can interact with small manufacturers of hydraulic machinery to create awareness about their products. Market for automotive and hydraulic hoses will register a positive growth in the future as manufacturing is recovering in all major economies. With improved living conditions and increasing purchasing power, demand for automobiles is on rise.

The report provides information on hydraulic and automotive hose pipes used in manufacturing, automobile and construction industry. It also covers the product and company profile of global majors such as Eaton, Trelleborg, Manuli, Gates, Polyhose and others.
With improved living conditions and increasing purchasing power, demand for automobiles is on rise. Rise in income level has also led to increase in demand for better infrastructure and real estate thus creating additional demand for construction machineries and other type of domestic hoses. Market for automotive and hydraulic hoses will register a positive growth in the future as manufacturing is recovering in all major economies. Emergence of several new countries especially in Africa, parts of Asia and Latin America that have focused on mechanization to improve efficiency and emerge as producer of finished goods rather than raw material will have positive impact on the demand for hose in future. All major companies operating in hose pipe segment have positive outlook about the future demand for hose pipes. They are bullish about the market on the assumption that improving economic conditions will promote manufacturing and demand for automobiles.
Asia Pacific will continue to maintain its dominance in the hose market as it caters to some of the largest economies in the world which includes countries like India, China, Japan and Australia. Europe will remain the largest market in EMEA; however growth will remain near stagnant in coming years as demand for automobiles decline both in terms of manufacturing and demand. In Middle East, most of the demand comes for replacement and repair. Many types of equipment are imported from foreign countries and they are in-build to the equipment as intermediary good. The market in Canada is expected to remain stable whereas Mexico may register growth in demand if manufacturing is not much affected by prohibitory policy of the US. Countries such as Brazil and Venezuela are expected to recover from economic slump and gain political stability to promote economic recovery thus increasing the consumption of hoses.
Key Topics Covered in the Report
Growth in Automotive Hose Pipe Market
Industrial Hose Pipes with Fittings Market
Segmentation Automotive Hose Pipe Market
Global Hose Pipe Market Size
Manufacturers Hose Pipe India
Competition in Hose Pipe Market
Rubber Hose Pipe Industry Growth
Hose Pipe Market Trends
Flexible Hose Pipe Market
Hose Pipe Manufacturers Global
To know more about the report:
Related Reports
Contact:
Ken Research
Ankur Gupta, Head Marketing & Communications
+91-124-4230204
Posted by at No comments:
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