Brake Hoses Global Market – 2023 Overview Covering Forecast Market Size And Growth Rate

The Brake Hoses Global Market Report 2023, provides comprehensive information on the brake hoses market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032. 

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As per The Business Research Company’s Brake Hoses Global Market Report 2023, the global brake hoses market size is expected to grow from $16.18 billion in 2022 to $17.31 billion in 2023 at a compound annual growth rate (CAGR) of 7.0%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global brake hoses market size is expected to reach $21.89 billion in 2027 at a CAGR of 6.0%.

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Technological advancements are a key trend gaining popularity in the brake hoses market. Major companies operating in the brake hoses sector are focused on developing technologically advanced brake hoses to strengthen their position in the market. For instance, in April 2021, ZF Friedrichshafen, a Germany-based technology company that supplies brake hoses for passenger cars and commercial vehicles, introduced OnGuardMAX, an advanced autonomous emergency braking hose for commercial vehicles in China. It detects, classifies, and reacts autonomously to moving and stationary vehicles, motorcycles, bicycles, and pedestrians. A high-performance image processing module assists this technology with an advanced radar sensor and high-resolution dual-lens camera.

The brake hoses market is segmented:

1) By Brake Type: Hydraulic Brake, Pneumatic Brake

2) By Material Type: Rubber, Nylon, Metal, Polytetrafluoroethylene

3) By Vehicle Type: Two-Wheeler, Passenger Vehicle, Light Commercial Vehicle, Heavy Vehicle

4) By Sales Channel: Original Equipment Manufacturer (OEM), Aftermarket

Asia-Pacific was the largest region in the brake hoses market in 2022.

Top Major Players

Continental AG,

Hitachi Metals Ltd,

BorgWarner Inc,

Dayco IP Holdings LLC,

Edelbrock LLC

The table of contents in TBRC’s brake hoses market report includes:

1. Executive Summary
2. Brake Hoses Market Characteristics
3. Brake Hoses Market Trends And Strategies
4. Brake Hoses Market – Macro Economic Scenario
5. Brake Hoses Market Size And Growth
6. Brake Hoses Market Segmentation
7. Brake Hoses Market Regional And Country Analysis

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28. Key Mergers And Acquisitions In The Brake Hoses Market
29. Brake Hoses Market Future Outlook and Potential Analysis
30. Appendix

List Of Tables :

Table 1: Global Historic Market Growth, 2017-2022, $ Billion

Table 2: Global Forecast Market Growth, 2022-2027F, 2032F, $ Billion

Table 3: Global Brake Hoses Market, Segmentation By Brake Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 4: Global Brake Hoses Market, Segmentation By Material Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

Table 5: Global Brake Hoses Market, Segmentation By Vehicle Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion

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Table 47: Continental AG Financial Performance

Table 48: Hitachi Metals Ltd Financial Performance

Table 49: BorgWarner Inc Financial Performance

Table 50: Dayco IP Holdings LLC Financial Performance

Table 51: Edelbrock LLC Financial Performance

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