Global Industrial Hose Markets to 2026: Analysis by Raw Material and End-Use Vertical - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Sep 13, 2018--The “Global Industrial Hose Market Size, Market Share, Application Analysis, Regional Outlook, Growth Trends, Key Players, Competitive Strategies and Forecasts, 2018 To 2026” report has been added to ResearchAndMarkets.com’s offering.The global industrial hose market was valued at US$ 10.75 Bn in 2017.The industrial hose market which experienced a slowdown over the last few years is buoyed by the recovery of construction industry in developed economies like the U.S. and strong infrastructure development in emerging economies.In addition, increase in industrial output and subsequent need for industrial automation has had positive implications on the overall demand for industrial machinery and related components.On the other hand, shift from traditional farming practices to mechanized farming bodes well for the market growth. Farmers across the globe are turning towards mechanization to meet the growing food demand by reducing losses. The majority of crops are damaged (around 50% - 60%) during harvesting if the process is carried out manually.In addition to limiting harvesting losses, shift towards mechanized farming is helping farmers produce five times more than using traditional farming practices. According to European Commission’s recent study JRC, around 40.3% of farmers in Europe are expected to invest in modern agriculture equipment by 2020. This is expected to increase the demand for industrial hoses in the region.
Lack of product differentiation remains a major challenge for manufacturers in the global industrial hose market.
Key Topics Covered
2. Executive Summary
3. Global Industrial Hose Market Dynamics
4. Global Industrial Hose Market Size (US$ Bn), by Raw Material, 2016-2026
5. Global Industrial Hose Market Size (US$ Bn), by End-use Vertical, 2016-2026
6. North America Industrial Hose Market Analysis, 2016-2026
7. Europe Industrial Hose Market Analysis, 2016-2026
8. Asia Pacific Industrial Hose Market Analysis, 2016-2026
9. Rest of the World Industrial Hose Market Analysis, 2016-2026
10. Company ProfilesGates CorporationEaton Corporation PlcParker Hannifin CorporationRYCO Hydraulics Pty Ltd.Piranha Hose Products, Inc.Kurt Manufacturing Co., Inc.Transfer Oil S.p.APolyhose India Pvt. Ltd.Dyna Flex, Inc.MAC Tubi S.p.AZEC S.p.A
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Related Topics:Industrial Machinery
INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING
SOURCE: Research and Markets
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PUB: 09/13/2018 06:23 AM/DISC: 09/13/2018 06:22 AM