The future of the global industrial hoses looks promising with opportunities in the consumer electronics, industrial, automotive & transportation, ict (information and communications technology), and aerospace & defense markets. The global industrial hoses is expected to reach an estimated $19.3 billion by 2030 with a CAGR of 6.1% from 2024 to 2030. The major drivers for this market are growing demand for automation technology, rising demand in the field of power infrastructure ,and power module, power discrete, and power ic.
Some of the Key
Questions answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the industrial hoses market
by media type (water, oil, hot water and steam, air and gas, food &
beverage, and chemical), material (natural rubber, nitrile rubber, pvc,
silicone, polyurethane, and others), end use industry (automotive,
infrastructure, oil & gas, pharmaceuticals, food & beverages, water
& wastewater, chemicals, mining, agriculture, and others), and region
(North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of the
competing products in this market and how big of a threat do they pose for loss
of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, water,
oil, hot water and steam, air and gas, food & beverage, and chemicalare the
major segments of industrial hoses market by media type. Lucintel forecast that
chemical is expected to witness highest growth over the forecast period.Within
this market, automotive will remain the largest segment.
APAC is expected to
witness highest growth over the forecast period.
Colex International,
Continental AG, Eaton, Flexaust, Gates, Kuriyama of America, Kurt
Manufacturing, NORRES, Parker-Hannifin, RYCO Hydraulics are the major suppliers
in the industrial hoses market."The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
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