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Growing Adoption Of Turbochargers Is Anticipated To Trigger Demand For Automotive Hoses Market

Fact.MR uses a bottom-up data collection approach for collecting Automotive Hoses market demand side historical and base year data. The historical and base year Automotive Hoses market sizing is based on the vehicle production and vehicle parc (fleet on road).

For OEM Automotive Hoses market analysis, the team tracks the vehicle production across the prominent countries/regions and then cross map the same with the average usage of the product in a type of vehicle (passenger car, light commercial vehicle, heavy commercial vehicle, and two wheeler). For aftermarket, the team tracks the vehicle parc (vehicle-on-road) for prominent countries/regions and cross map the same with the replacement rate of the product in a given year for each vehicle type.

Introduction

An automotive hose is a hollow tube, used for the transfer of fluids from one automotive part to another. These flexible tubes can be manufactured using various materials, such as metal, plastic, or rubber, depending on the applications of automotive hoses.

Automotive hoses are commonly used for carrying fluids, including coolants, fuel, windshield washer fluids, etc., and these applications are mainly aimed at various operations such as lubrication and cooling.

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The Demand of Automotive Hoses study includes the current market scenario on the global platform and also Sales of Automotive Hoses development during the forecast period.

The Recent study by On global Automotive Hoses Survey study presents an all in all compilation of the historical, current and future outlook of Automotive Hoses as well as the factors responsible for such a Automotive Hoses growth.

Further, the Automotive Hoses Survey report emphasizes the adoption pattern And Demand of Automotive Hoses across various industries.

Highlights And Projections of the Automotive Hoses Report

  • Elaborated scenario of the parent market
  • Transformations in the Automotive Hoses dynamics
  • Detailed segmentation of the target market
  • Historical, current and forecast of  Automotive Hoses size based on value and volume
  • Latest industry developments and Market trends of Automotive Hoses competitive analysis of Automotive Hoses
  • Strategies adopted by the Automotive Hoses players and product developments made
  • Potential and niche segments, along with their regional analysis
  • Unbiased analysis on market size of Automotive Hoses

The research report analyzes Automotive Hoses demand by Different segments. Providing business leaders with insights On Automotive Hoses And how they can increase their market share

Report delivers market breakdown and its revenue, consumption, production analysis and projections by categorizing it depending on parameters such as type, application/end-user, and region.

This research report delivers the analysis and prognosis of revenue, production, price, Automotive Hoses share and growth trend for different products.

Competitive Landscape Analysis On Automotive Hoses:

To provide decision-makers with credible insights on their competitive landscape, the Automotive Hoses industry research report includes detailed Automotive Hoses competitive landscape analysis.

The competitive landscape analysis for Automotive Hoses includes detailed profiles of Tier 1, Tier 2, and Tier 3 players. The respective market share of Automotive Hoses Machine manufacturers is provided so business leaders can understand the market scenario.

The players profiled in the study include,

  • Eaton Corporation Plc
  • Continental AG
  • United Rubber Industries (I) Pvt. Ltd.
  • Gates Corporation
  • United Flexible
  • Semperit AG Holding
  • Trelleborg AB
  • RADCOFLEX Australia Pty Ltd.

Automotive Hoses Market: Competitive Landscape

Anticipating the burgeoning growth of the automotive industry and profitable production of automotive parts in emerging Asian economies, the leading automaker – Continental AG announced in May, 2018 that it will soon open a new automotive hoses plant in China.

The company is planning to invest around RMB 240 million, which is around 30 million Euros, for producing high-quality automotive hoses for new energy vehicles. The company also announced that it will invest more 10 million Euros (about 70 million RMB) in another plant for producing high-tech, 3D blow molded hoses to be used in high performance turbochargers.

Another leading player in the automotive hoses market – United Flexible — recently announced that it has been acquired by Smiths Group plc – a British engineering company. United Flexible has diversified its product portfolio, which also includes high temperature hybrid flexible hose assemblies, over the past few years, and now it aims to add new capabilities and expand its customer base with this acquisition.

After acquiring Rapro – a Turkish manufacturer of molded and branched automotive hoses – for expanding its business in European country, Gates Corporation – an American player in the automotive hoses market – has launched a new product line of premium hydraulic hoses with the new Gates MXT™ family of hoses. The company announced that this new product line of hoses is designed to meet demands of original equipment manufacturers from various end-use industries, including agriculture and mining.

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Semperit AG Holding – a European manufacturer of automotive hoses – has announced the sale of its Italian production facility of hydraulic and industrial hoses to the Italian Matec Group. With this step, the company aims for a Group-wide complexity reduction by selling the facility that no longer meets production footprint of the company. Meanwhile, the company invested EUR 27 million in its industrial and hydraulic hoses production facility in Odry/Czech Republic.

Further, this Automotive Hoses Market Sales research study analyses Automotive Hoses size, production, consumption and its advancement trends at global, regional, and country level .

The report on the market survey of Automotive Hoses gives estimations of the Size of Automotive Hoses and the overall share of key regional segments

With SWOT analysis, the business study highlights the strengths, weaknesses, opportunities and threats of each Automotive Hoses player in a comprehensive way.

Why to purchase this Report?

Following are the reasons to consider this Automotive Hoses report By Fact.MR – a market research and competitive intelligence provider:

  • This ultimate guide will help you stay ahead in market as it furnishes you with the profiles of the Automotive Hoses players and their working methodologies and their decision making capabilities.
  • The report analyzes various factors which act as drivers and restraints to development and sales of Automotive Hoses globally .
  • This report not only analyzes present market condition but it likewise estimates how the Automotive Hoses is going to perform for estimated time period.
  • It enables you to adopt smart methodologies and form better decisions by giving a clear idea about customer’s requirement and preferences regarding the product in particular region.

Automotive Hoses Market: Segmentation

In the Fact.MR report, the automotive hoses market has been broadly divided into four segments – vehicle types, material types, applications, and sales channels for automotive hoses.

Based on the vehicle type, the automotive hoses market has been segmented as:

  • Passenger Vehicle
  • Heavy Commercial Vehicle (HCVs)
  • Light Commercial Vehicle (LCVs)
  • Two Wheelers

Based on the material type, the automotive hoses market has been segmented as:

  • Plastic Automotive Hoses
  • Metal Automotive Hoses
  • Rubber Automotive Hoses

Based on the applications of automotive hoses, the automotive hoses market has been segmented as:

  • Coolant Hoses
  • Turbo Charger Hoses
  • Air Conditioning Hoses
  • Windshield Washer Fluid Hoses
  • Fuel Hoses
  • Brake Hoses

Based on the sales channels for automotive hoses, the automotive hoses market has been segmented as:

  • Aftermarket
  • Original Equipment Manufacturer (OEM)

Automotive hoses market research report offers detailed analysis of the market as well as consists of thoughtful facts and insights along with historical data, which holds market data that is industry-evaluated and statistically backed up.

The report comprises of projections that are generated with the help of suitable methodologies and a set of hypotheses. In addition, the research report delivers information and study based on market classifications such as industry, end-use and region.

Growing Adoption of Turbochargers will Trigger Demand for Automotive Hoses

With the global automotive industry gaining momentum, turbochargers have gained their popularity among commercial vehicle manufacturers. On account of various advantages of incorporating turbocharger in vehicles, such as improved fuel efficiency, power output, and engine performance, turbocharger sales have surged in the past few years.

As turbochargers are one of the leading applications of automotive hoses, a substantial rise in the production and sales of turbochargers is expected to complement growth of the automotive hoses market in the coming future.

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Ever-expanding Vehicle Parc with Increased Automotive Production and Sales will Boost Market Growth

During the period 2007-2017, the global production of passenger cars increased from over 53.2 million to nearly 73.5 million, and the global sales of passenger cars increased from 51 million to 71 million, according to statistics published by the International Organization of Motor Vehicle Manufacturers (OICA). With a significant rise in disposable income of consumers in developing countries, and developments in transportation infrastructure, the automotive sector is likely to witness steady growth in the future.

Growth of the automotive industry is spurring growth in automotive parts production. As automotive hose is an important automotive component, the rapidly expanding global vehicle parc is expected to provide a boost to growth of the market in the future.

Automotive Hoses Market: Regional Outlook

While the automotive industry in developed countries is recovering, the escalated growth of the automotive parts industry in emerging economies has been playing an important role in growth of the automotive hoses market.

Emerging economies in the Asia Pacific region excluding Japan (APEJ) are likely to hold a significant share growth of the automotive hoses market. China and India are anticipated to create promising growth opportunities for players in the automotive hoses market in the foreseeable future.

A few focus points of this Research are given below:

  • Give a deep-dive analysis of the key operational strategies with a focus on the corporate structure, R&D strategies, localization strategies, production capabilities, and sales performance of various companies
  • Provide an overview of the product portfolio, including product planning, development, and positioning -Discuss the role of technology companies in partnerships
  • Explore the regional sales activities
  • Analyze the Automotive Hoses size and giving the forecast for current and future Contraceptives Market during the forecast period.
  • Analyze the competitive factors, competitors’ Automotive Hoses shares, product capabilities, and Automotive Hoses supply chain structures.
  • In-depth analysis of various Automotive Hoses insights, namely, Automotive Hoses trends, growth drivers, opportunities, and other related challenges.
  • The potency of suppliers and buyers to make better business decisions.
  • The report provides a comprehensive analysis of key factors that are expected to drive the Demand of Automotive Hoses. This study also provides a detailed overview of the opportunities along with the current trends observed in the Sales of Automotive Hoses.

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