USD 2.25 billion
Hydraulic Hoses Market Size, Share, and Growth Analysis
Hydraulic Hoses Market By Type (Reinforced Hydraulic Hoses, Coiled Hydraulic Hoses), By Material (Rubber, Thermoplastics), By Pressure Rating (Low Pressure, Medium Pressure), By Application, By End-User, By Region - Industry Forecast 2025-2032
Report ID:
SQMIG20I2062 |
Region:
Global |
Published Date: March, 2025
Pages:
202
|Tables:
34
|Figures:
74
Format -
Hydraulic Hoses Market Insights
Global Hydraulic Hoses Market size was valued at USD 2.25 billion in 2023 and is poised to grow from USD 2.35 billion in 2024 to USD 3.32 billion by 2032, growing at a CAGR of 4.4% during the forecast period (2025-2032).
The majority of the population around the world works mostly in agriculture with industrialization which drives the market growth. Also, the increasing demand for food consumption has helped the agricultural sector to increase crop production, which has increased the demand for hydraulic hoses. The increase in the construction of green buildings has a significant impact on the hydraulic hose market. These hoses operate in critical environments that cause damage such as abrasion, tearing, and premature failure. For high-pressure transfers, hydraulic hoses are best suited and operate at pressures in the millions of psi. Hoses supply a wide range of applications, thus it is becoming an essential component for various industries.
The availability of substitutes, an increase in construction activity, and a significant need for hydraulic equipment all lead to market growth. However, high production and maintenance costs, as well as increased concerns about oil leaks, hamper market expansion.
US Hydraulic Hoses Market is poised to grow at a sustainable CAGR for the next forecast year.
Market snapshot - 2025-2032
Global Market Size
Largest Segment
Spiral wire hydraulic hose
Fastest Growth
Spiral wire hydraulic hose
Growth Rate
4.4% CAGR
Global hydraulic hoses market, 2022-2030 ($ Bn)
Country Share for North America Region- 2022 (%)
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Hydraulic Hoses Market Segments Analysis
Global Hydraulic Hoses Market is segmented by Type, Material, Pressure Rating, Application, End-User and region. Based on Type, the market is segmented into Reinforced Hydraulic Hoses, Coiled Hydraulic Hoses, Corrugated Hydraulic Hoses and Others. Based on Material, the market is segmented into Rubber, Thermoplastics and Metal. Based on Pressure Rating, the market is segmented into Low Pressure, Medium Pressure and High Pressure. Based on Application, the market is segmented into Construction, Agriculture, Industrial, Mining and Others. Based on End-User, the market is segmented into OEM (Original Equipment Manufacturer) and Aftermarket. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Hydraulic Hoses Market Analysis by Type
On the basis of type, global hydraulic hoses market is segmented into, wire braided hydraulic hose and spiral wire hydraulic hose. On the basis of the type segment, the wire braided hydraulic hose segments have a major revenue share in the market and is expected to maintain its dominance over the forecast period. The spiral wire hydraulic hose segment is expected to have the highest CAGR of over 5% due to increasing demand for four to six-wire spiral braided hydraulic hoses in high-pressure applications. It is mostly used in mining, heavy construction equipment, trucks and agriculture machinery.
Hydraulic Hoses Market Analysis by Application
On the basis of application, global hydraulic hoses market is segmented into engineering machinery, mining industry and industrial use. On the basis of the application segment, the engineering machinery segments have a significant revenue share and are expected to maintain its dominance over the forecast period. The engineering machinery segment has the highest CAGR due to the growing demand for construction equipment for new construction and development projects, especially in countries like Europe and Asia Pacific.
Global hydraulic hoses market size by type, 2022 (%)
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Hydraulic Hoses Market Regional Insights
On the basis of region, global hydraulic hoses market is divided into North America, Europe, Asia Pacific, Latin America, and MEA. North America dominated the global market in 2022. The region has a well-established manufacturing base for hydraulic equipment and component suppliers. This region provides easy access to raw materials and skilled labour for manufacturing operations. Also, the strong presence of key players in North America boosts the growth of global market in the region. Increasing growth in construction and manufacturing industries in the region is driving the demand for hydraulic hose North America.
Asia Pacific is expected to be fastest growing market during the forecast period. China and India have growing agricultural, construction, and industrial sectors. Rapid development & increasing investment in the construction sector are key factors driving the growth of global market in the APAC region. Increasing government initiatives and spending on affordable housing schemes, as well as increasing private spending on the development of new high-end construction projects, are the major factors driving the market expansion.
Europe accounts for a significant share of the global hydraulic hose market. Demand for hydraulic hose is expected to increase in the Europe region, due to its use in various machinery and equipment used in agriculture, forestry, and the manufacturing sector, as well as in marine, mining, and tunnel boring. Rapidly growing demand for hydraulic hoses from various end-use industries, manufacturers are focusing on increasing production capacity, which led to the growth of the market in the region.
Global hydraulic hoses market size by geography, 2022-2030
- Largest
- Fastest
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Hydraulic Hoses Market Dynamics
Hydraulic Hoses Market Driver
- High Demand for PVC Hose Materials
Industrial hoses of PVC material are becoming popular in automotive, pharmaceuticals, infrastructure, oil & gas, food & beverages, mining, and agriculture industries for manufacturing and using tubes and pipes for the transportation of air, water, chemicals and fluids from one end to another. The demand is increased due to their wide range of applications, such as mineral oils, water, technical and domestic gases, steam, and fuels. The high demand for PVC hoses material drives global hydraulic hose market.
- Increasing Need for Durable Industrial Hoses
The application of industrial hoses includes moving fluids, chemicals, air, water, oil, and other materials from one place to another. Customers must evaluate a variety of key characteristics before selecting hoses including failure, permeability, chemical compatibility, temperature, external environment, and vacuum, which is fuelling the demand for durable hoses in the market.
Hydraulic Hoses Market Restraint
- Limitations of Industrial Hoses in Various Applications
Hydraulic hoses are used in a variety of industries to improve operating efficiency and transmit fuels, chemicals, bulk materials, and air, from one place to another place. However, hydraulic hoses have various challenges in environments such as temperature range, and this factor affects the overall performance and efficiency of the system. This factor hampers the growth of global hydraulic hoses market.
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Hydraulic Hoses Market Competitive Landscape
Global hydraulic hoses market is highly competitive with the presence of local as well as global companies. The major players are adopting several growth strategies such as product launches, acquisitions, and collaborations, which are contributing to the growth of Global hydraulic hoses market.
Top Players in Hydraulic Hoses Market
- Parker Hannifin Corporation (USA)
- Eaton Corporation plc (Ireland)
- Bridgestone Corporation (Japan)
- Gates Corporation (USA)
- RYCO Hydraulics Pty Ltd (Australia)
- ContiTech AG (Germany)
- Manuli Hydraulics (Italy)
- Alfagomma Group (Italy)
- Semperit AG Holding (Austria)
- Yokohama Rubber Co., Ltd. (Japan)
- Kurt Manufacturing (USA)
- Polyhose India Pvt. Ltd. (India)
- JCB (UK)
- Hansa-Flex AG (Germany)
- Bridon-Bekaert (Belgium)
- Gates India Pvt. Ltd. (India)
- Sumitomo Riko Co., Ltd. (Japan)
- Dunlop Hiflex (Italy)
Hydraulic Hoses Market Recent Developments
- In July 2022, In order to construct a hydraulic hose plant in the state of San Luis Potosi, central Mexico, the German auto parts manufacturer Continental will invest $40 million.
- In October 2022, Yokohama Rubber rebranded its hydraulic hose market business under a brand called Versatran. This will allow the company to enter the international market, attract more market attention and increase the overall market share
- In July 2021, NORRES Schlauchtechnik GmbH, a manufacturer, developer, and distributor of flexible hose system solutions, acquired the Baggerman Group, a manufacturer and distributor of industrial hoses, couplings, and accessories. This acquisition would help the company to increase its global presence and also help in market expansion.
Hydraulic Hoses Key Market Trends
- In the automotive sector, various types of hoses are used to transfer fuel, oil, and water between different automotive parts. Due to the growing demand from Asia Pacific, the automotive sector is growing rapidly and is expected to expand further in the coming years. Thus, the high demand for hoses in the automotive sector is the main trend in the global hydraulic hoses market.
- The increasing modernization of the agricultural sector can provide huge business opportunities in global hydraulic hoses market. Advancement in technology is expanding and rapidly changing the agricultural industry. As a result, the demand for hydraulic hoses is increasing rapidly. Key market players are investing in new and suitable products for the agriculture sector to give a competitive edge in the market.
Hydraulic Hoses Market SkyQuest Analysis
SkyQuest's ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our business information services team that collects, collates, co-relates, and analyses the data collected by means of primary exploratory research backed by the robust secondary desk research.
According to our global hydraulic hoses market analysis, the spiral wire hydraulic hose segment is expected to have the highest CAGR of over 5% due to increasing demand for four to six-wire spiral braided hydraulic hoses in high-pressure applications. Braided hoses are used for high pressures requiring tight bend radii, whereas spiral hoses are best for very high-pressure, high-impulse applications.. High production and maintenance costs, as well as increased concerns about oil leaks, hamper market growth.
| Report Metric | Details |
|---|---|
| Market size value in 2023 | USD 2.25 billion |
| Market size value in 2032 | USD 3.32 billion |
| Growth Rate | 4.4% |
| Base year | 2024 |
| Forecast period | 2025-2032 |
| Forecast Unit (Value) | USD Billion |
| Segments covered |
|
| Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
| Companies covered |
|
| Customization scope | Free report customization with purchase. Customization includes:-
|
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Table Of Content
Executive Summary
Market overview
- Exhibit: Executive Summary – Chart on Market Overview
- Exhibit: Executive Summary – Data Table on Market Overview
- Exhibit: Executive Summary – Chart on Hydraulic Hoses Market Characteristics
- Exhibit: Executive Summary – Chart on Market by Geography
- Exhibit: Executive Summary – Chart on Market Segmentation
- Exhibit: Executive Summary – Chart on Incremental Growth
- Exhibit: Executive Summary – Data Table on Incremental Growth
- Exhibit: Executive Summary – Chart on Vendor Market Positioning
Parent Market Analysis
Market overview
Market size
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- SWOT Analysis
KEY MARKET INSIGHTS
- Technology Analysis
- (Exhibit: Data Table: Name of technology and details)
- Pricing Analysis
- (Exhibit: Data Table: Name of technology and pricing details)
- Supply Chain Analysis
- (Exhibit: Detailed Supply Chain Presentation)
- Value Chain Analysis
- (Exhibit: Detailed Value Chain Presentation)
- Ecosystem Of the Market
- Exhibit: Parent Market Ecosystem Market Analysis
- Exhibit: Market Characteristics of Parent Market
- IP Analysis
- (Exhibit: Data Table: Name of product/technology, patents filed, inventor/company name, acquiring firm)
- Trade Analysis
- (Exhibit: Data Table: Import and Export data details)
- Startup Analysis
- (Exhibit: Data Table: Emerging startups details)
- Raw Material Analysis
- (Exhibit: Data Table: Mapping of key raw materials)
- Innovation Matrix
- (Exhibit: Positioning Matrix: Mapping of new and existing technologies)
- Pipeline product Analysis
- (Exhibit: Data Table: Name of companies and pipeline products, regional mapping)
- Macroeconomic Indicators
COVID IMPACT
- Introduction
- Impact On Economy—scenario Assessment
- Exhibit: Data on GDP - Year-over-year growth 2016-2022 (%)
- Revised Market Size
- Exhibit: Data Table on Hydraulic Hoses Market size and forecast 2021-2027 ($ million)
- Impact Of COVID On Key Segments
- Exhibit: Data Table on Segment Market size and forecast 2021-2027 ($ million)
- COVID Strategies By Company
- Exhibit: Analysis on key strategies adopted by companies
MARKET DYNAMICS & OUTLOOK
- Market Dynamics
- Exhibit: Impact analysis of DROC, 2021
- Drivers
- Opportunities
- Restraints
- Challenges
- Exhibit: Impact analysis of DROC, 2021
- Regulatory Landscape
- Exhibit: Data Table on regulation from different region
- SWOT Analysis
- Porters Analysis
- Competitive rivalry
- Exhibit: Competitive rivalry Impact of key factors, 2021
- Threat of substitute products
- Exhibit: Threat of Substitute Products Impact of key factors, 2021
- Bargaining power of buyers
- Exhibit: buyers bargaining power Impact of key factors, 2021
- Threat of new entrants
- Exhibit: Threat of new entrants Impact of key factors, 2021
- Bargaining power of suppliers
- Exhibit: Threat of suppliers bargaining power Impact of key factors, 2021
- Competitive rivalry
- Skyquest special insights on future disruptions
- Political Impact
- Economic impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact
Market Size by Region
- Chart on Market share by geography 2021-2027 (%)
- Data Table on Market share by geography 2021-2027(%)
- North America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- USA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Canada
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Europe
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Germany
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Spain
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- France
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- UK
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Europe
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Asia Pacific
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- China
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- India
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Japan
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Korea
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of Asia Pacific
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Latin America
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- Brazil
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of South America
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Middle East & Africa (MEA)
- Chart on Market share by country 2021-2027 (%)
- Data Table on Market share by country 2021-2027(%)
- GCC Countries
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- South Africa
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
- Rest of MEA
- Exhibit: Chart on Market share 2021-2027 (%)
- Exhibit: Market size and forecast 2021-2027 ($ million)
KEY COMPANY PROFILES
- Competitive Landscape
- Total number of companies covered
- Exhibit: companies covered in the report, 2021
- Top companies market positioning
- Exhibit: company positioning matrix, 2021
- Top companies market Share
- Exhibit: Pie chart analysis on company market share, 2021(%)
- Total number of companies covered
Methodology
For the Hydraulic Hoses Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Hydraulic Hoses Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Analyst Support
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Hydraulic Hoses Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Hydraulic Hoses Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Hydraulic Hoses Market Report Snapshots
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