Global Automotive Rubber Hoses Market Overview:
Rapidly evaluation in Automobiles will help to boost global automotive rubber hoses market. Automotive rubber hoses are mainly hollow flexible tubes prepared to carry gases and fluids from one engine part to another. Types of automotive rubber hoses includes non-reinforced rubber hoses and metal-reinforced rubber hoses. Automotive rubber hoses is made from rubber or any of its variants. In addition to transmission of many fluids, automotive rubber hoses also effectively carry pressure from one actuation point to another in a hydraulic circuit as well as function as a medium to generate vacuum wherever essential in vehicles. Growing the performance as well as efficiency of automobiles without compromising on fuel consumption, paving a way for the development of long lasting and extra durable automotive rubber hoses favoring the growth of the market on a long term basis. Some of the key players profiled in the study are Eaton Corporation Plc (Ireland), Sumitomo Riko Co., Ltd. (Japan), Nichirin Co., Ltd. (Japan), Hutchinson SA (France), TOYODA GOSEI (Japan), Continental AG (Germany), Semperit AG Holding (Austria), Imperial Auto Industries Limited (India), Marugo Rubber Industries, Ltd. (Japan) and Cooper-Standard Holdings Inc. (United States).
On the basis of geography, the market of Automotive Rubber Hoses has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Spain, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Original Equipment Manufacturer (OEM) will boost the Automotive Rubber Hoses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Vehicles, the sub-segment i.e. Passenger Cars will boost the Automotive Rubber Hoses market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
- Increasing Sales Of LPG And CNG Vehicles To Induce Demand For Specifically Built Automotive Rubber Hoses
- Rising Disposable Income
- Rapid Growth in Sale of passenger and Commercial Vehicles
- Improved R&D into lightweight as well as durable automotive rubber hoses
- Innovative Production Technology to Reduce the Amount Of Natural Rubber Without Compromising Quality
- Increasing Demand for Robust Industrial Hoses in Critical Applications
- Volatile Prices of Natural Rubber
- Availability Of Substitutes
- Growing Demand Of Automobiles Around The World
- Upsurging Technological Advancement For Quality Improvisation
- Less Scope for Product Differentiation
Major Market Developments:
On 4th March 2019, Continental has unveiled its smart crimper for hydraulic and industrial hoses, the CrimpIQ controller, to a European audience for the first time at Hannover Messe. This allows the crimper to be remotely maintained and have updates loaded, saving consumers a great deal of time and money. Costly downtime can be condensed. Efficiency, safety, quality, and speed are improved. And the whole crimping process can be observed via a securely protected website.
On 6th November 2018, Toyoda Gosei has started a new automotive part plant in India
Automotive Rubber Hoses Manufactures, Suppliers and Distributors, Technology Investors, Integrated Device Manufacturers (IDMs), Research/Consultancy Firms, Government Agencies, Professional Service Providers and Others
Major Objectives Focused through this Study
To define, describe, and forecast the Global Automotive Rubber Hoses market on the basis of product [Non-Reinforced Rubber Hoses and Metal-Reinforced Rubber Hoses] , application [Turbocharger Hoses, Engine Heating, Cooling And Radiator Hoses, Air Conditioning Hoses, Lubrication Hoses, Transmission Hoses, Brake Hoses and Fuel Hoses], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Automotive Rubber Hoses market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Spain, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Automotive Rubber Hoses industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Vendors which are also part of the research are Gates Corporation (United States), Mackay Consolidated Industries Pty Ltd. (Australia), The Yokohama Rubber Co., Ltd. (Japan) and Maflow Group (India).
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Automotive Rubber Hoses market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.