Transportation Hydraulic Hose Market is segmented byTransportation Type (Aircraft, Marine, and Rail), by Reinforcement Type (Wired-Braided Hoses, Spiral-Wired Hoses, and Textile-Braided Hoses), by Pressure Type (Low-Pressure Hoses [less than 300 psi], Medium-Pressure Hoses [300 to 3000 psi], High-Pressure Hoses [3000 to 6000 psi], and Extremely High-Pressure Hoses [more than 6000 psi]), by Tube Material Type (Elastomer/Rubber, Thermoplastic, and Others), and by Region (North America [The USA, Canada, and Mexico], Europe [Germany, France, The UK, Russia, and Rest of Europe], Asia-Pacific [China, Japan, India, and Rest of Asia-Pacific], and Rest of the World [Brazil, Saudi Arabia, and Others]).
Transportation Hydraulic Hose Market is segmented by Transportation Type (Aircraft, Marine, and Rail), by Reinforcement Type (Wired-Braided Hoses, Spiral-Wired Hoses, and Textile-Braided Hoses), by Pressure Type ...
The Transportation Hydraulic Hose Market is estimated to grow at a healthy CAGR of 7.4% during the forecast period to reach a value of US$ 515 Million in 2028.
A hose is a flexible tube used to convey media for a specific purpose. A hydraulic hose is a type of hose used in a variety of hydraulic systems, as a flexible connection between two fluid ports. Hydraulic system uses pressurized hydraulic fluids to create mechanical output such as lifting, stamping, or forging. Hydraulic hoses are used to convey hydraulic fluid to or between components in a hydraulic system. A transportation hydraulic hose is a type of hose used in hydraulic systems of aircraft, marine, and rail. These hoses are designed to withstand high-pressure hydraulic fluid, which is used to operate various transportation systems including brakes, steering, and suspension systems.
Market Dynamics
Major factors, such as growth in the transportation industry, increasing demand for high-pressure hoses from various applications in aircraft, marine, and rail, and advancements in hydraulic technology, are expected to drive the market growth during the forecast period.
Recent Market JVs and Acquisition: The market recorded a fair number of M&A activities over the years. Among several, the most noticeable one was the acquisition of Eaton’s hydraulic business segment by Danfoss in 2021. The acquisition allowed Danfoss to expand its market offerings, making it one of the biggest hydraulics companies in the world.
Segment Analysis
Segmentations
List of Sub-Segments
Dominant and Fastest-Growing Segments
Transportation-Type Analysis
Aircraft, Marine, and Rail
Aircraft is expected to remain the biggest demand generator for hydraulic hoses during the forecast period.
Reinforcement-Type Analysis
Wired-Braided Hoses, Spiral-Wired Hoses, and Textile-Braided Hoses
Wired-braided hoses are likely to remain the largest segment by reinforcement type in the years to come.
Pressure-Type Analysis
Low-Pressure Hoses, Medium-Pressure Hoses, High-Pressure Hoses, and Extremely High-Pressure Hoses
High-pressure hoses are expected to maintain their dominance during the estimated period.
Tube material -Type Analysis
Elastomer/Rubber, Thermoplastics, and Others
Elastomer/Rubber hoses to dominate the market during the study period.
Regional Analysis
North America, Europe, Asia-Pacific, and the Rest of the World
Asia-Pacific is expected to remain the largest market over the next five years and is also likely to grow at the fastest rate.
By Transportation Type
The market is segmented into aircraft, marine, and rail. The aircraft industry dominates the transportation hydraulic hose market, driven by factors such as an expected increase in production rates of the best-selling aircraft programs and rebounding commercial and regional aircraft deliveries across regions.
Hydraulic hoses are an important component of aircraft hydraulic systems and are deployed in various applications such as landing gear systems, flight control systems, braking systems, and thrust reverser systems.
Want to get more details about the segmentations? Register Here
By Reinforcement Type
The market is segmented into wired-braided hoses, spiral-wired hoses, and textile-braided hoses. Wired-braided hoses are expected to remain the largest segment of the market during the forecast period, owing to increasing demand from medium- and high-pressure applications.
Moreover, wired-braided hydraulic hoses provide burst resistance as well as flexibility, making them a preferable choice for a wide array of industries. The wire braiding provides additional strength and support to the hose, allowing it to withstand high pressures and vibrations.
By Tube Material Type
The market is segmented into elastomer/rubber hoses, thermoplastic hoses, and others. Elastomer/rubber hoses held the largest share of the market. Elastomer/rubber hoses are preferred in aircraft, marine, and rail industries due to their flexibility, vibration-dampening properties, and cost-effectiveness.
Regional Analysis
Asia-Pacific is expected to remain the largest market for transportation hydraulic hoses during the forecast period. In addition to that, the region is also likely to witness the highest growth in the coming years. Major factors, such as increasing transportation activities owing to rapid urbanization and economic growth, are expected to fuel the demand for hydraulic hoses in the transportation industry.
In addition to that, governments of the leading Asian economies are investing heavily in transportation infrastructure, such as roads, railways, airports, and ports, to support economic growth.
Want to know which region offers the best growth opportunities?Register Here
Key Players
The market is highly populated with the presence of several local, regional, and global players. Most of the major players compete in some of the governing factors including price, product offerings, regional presence, etc. The following are the key players in the transportation hydraulic hose market:
Gates Corporation
Danfoss
Sumitomo Riko Company Limited
Parker-Hannifin Corp.
Bridgestone Corporation
Continental AG
Alfagomma S.p.A
Semperit Group
Manuli Rubber
Yokohama Rubber
Research Methodology
This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s transportation hydraulic hose market realities and future market possibilities for the forecast period. The report segments and analyzes the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.
This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1,000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.
Report Features
This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
What Deliverables Will You Get in this Report?
Key questions this report answers
Relevant contents in the report
How big is the sales opportunity?
In-depth Analysis of the Transportation Hydraulic Hose Market
How lucrative is the future?
Market forecast and trend data and emerging trends
Which regions offer the best sales opportunities?
Global, regional, and country-level historical data and forecasts
Which are the most attractive market segments?
Market segment analysis and Forecast
Which are the top players and their market positioning?
Porter’s five forces analysis, PEST analysis, Life cycle analysis
What are the factors affecting the market?
Drivers & challenges
Will I get the information on my specific requirement?
10% free customization
Customization Option
With this detailed report, Stratview Research offers one of the following free customization options to our respectable clients:
Company Profiling
Detailed profiling of additional market players (up to three players)
SWOT analysis of key players (up to three players)
Competitive Benchmarking
Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances
Custom Research: Stratview Research offers custom research services across sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please send your inquiry to sales@stratviewresearch.com
LOADING
LOADING
×
Please enter your contact details. It will allow our analysts to reach out to you.
The transportation hydraulic hose market is estimated to grow at a healthy CAGR of 7.4% over the next five years. The growing demand for transportation is driving the growth of the hydraulic hose market.
Gates Corporation, Danfoss, Sumitomo Riko Company Limited, Parker-Hannifin Corp., Bridgestone Corporation, and Continental AG are some of the key players in the market.
Asia-Pacific remains dominant in the transportation hydraulic hose market during the forecast period. The Asia-Pacific region is the manufacturing powerhouse of two transportation categories (rail and marine). The region is the fastest-growing market for the aircraft industry in the wake of rising air passenger traffic.
The aircraft industry is estimated to be dominant in the market during the forecast period owing to an increase in production rates of the best-selling aircraft programs; expected market entry of new programs, and rebounding commercial and regional aircraft deliveries across regions.
Elastomer/rubber hoses held the largest share of the market. Elastomer/rubber hoses are preferred in aircraft, marine, and rail industries due to their flexibility, vibration-dampening properties, and cost-effectiveness.
