North America Industrial Hoses Market is expected to grow with the CAGR of 5.9% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
North America industrial hoses market is a highly consolidated market, which includes specific number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in global industrial hoses market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio. For instance, in October 2018, Kurt Manufacturing Company announced the launch of Kurt Tuff Hose for high pressure application. The new product will offer 6500 Psi pressure for rugged and high pressure application. This increased the product portfolio of the company.
Gates Corporation is the dominating player in North America industrial hoses market. The other key players existing in the market includes Eaton, PARKER HANNIFIN CORP, Kurt Manufacturing, Transfer Oil S.p.A., Kanaflex Corporation Co.,ltd, Pacific Echo, KURIYAMA OF AMERICA, INC. (A Subsidiary of Kuriyama Holdings Corporation), Titeflex (A Subsidiary of Smiths Group Plc), Flexaust Inc., Dixon Valve & Coupling Company, LLC, Titan Fitting.
Gates Corporation is headquartered in Denver, U.S. and was established in year 1911. The company focus on specific fluid power along with transmission solutions which is going to continuously exceed. The company operates in power transmission, fluid power segments out of which fluid power is market focused segment. The company offers wide range of product categories such as power transmission, fluid power, other in which fluid power is market focused category.
The company has wide global presence across Americas, Europe, Middle East & Africa, Asia-Pacific with its various subsidiaries such as Air System Components LP (U.S.), Hart & Cooley Inc (U.S.), Gates Polska S.p.z.o.o. (Poland) and Gates Unitta Asia Trading Company Pte Ltd (Singapore) among others.
PARKER HANNIFIN CORP
PARKER HANNIFIN CORP is headquartered in Ohio, U.S. was founded in 1917. The company provides broad range of technologies like hydraulic, electromechanical and pneumatic with a full handling with focus on agriculture, water, energy, life sciences, transportation and infrastructure. The company operates in diversified industrial, aerospace systems out of which diversified industrial is market focused segment.
The company has wide global presence across Americas, Europe, Middle East & Africa, Asia-Pacific and generates revenue from subsidiaries such as LORD Corporation (U.S.), Clarcor (U.S.), Domnick Hunter (U.K.), Parker Korea (Korea), Parker Hannifin France SAS (France) and among others.
Eaton, headquartered in Dublin, Ireland was founded in 1911. The company focuses on improving quality of life with environment using power management services and technologies along with sustainable solutions in hydraulic, electrical and mechanical power. The company operates in Electrical Products, electrical systems and services, vehicle, hydraulics, aerospace, emobility segments out of which hydraulics is market focused segment.
The company has presence across the globe in North America, South America, Europe, Middle East and Africa, Asia-Pacific, Oceania region. In addition to it, the company also generates its revenue from the various subsidiary companies such as crouse hinds (U.S.), souriau (France), Wheelock (Hong Kong), COOPER BUSSMANN (U.S.), Arrow Hart S.A. de C.V. (Mexico) and among others.
Global Industrial Hoses Market – Industry Trends and Forecast to 2027
Asia-Pacific Industrial Hoses Market – Industry Trends and Forecast to 2027
Europe Industrial Hoses Market – Industry Trends and Forecast to 2027
Middle East and Africa Industrial Hoses Market – Industry Trends and Forecast to 2027
North America Industrial Hose Market – Industry Trends and Forecast to 2027
Gates Corporation, PARKER HANNIFIN CORP and Eaton are Dominating the Global Industrial Hoses Market in 2019