Hydraulic systems use pipe or tubes to transmit the energy produced by the hydraulic fluid. Hoses are responsible for transmission of fluid or fluid power within a hydraulic system under high-pressure conditions and require proper connection of the fittings to the hydraulic system.
The increasing construction of green buildings to be one of the major factors driving market growth. The construction, establishment, and subsequent services of a building requires large amounts of energy. It has been witnessed that buildings emit a high amount of greenhouse gases which is more than the transportation sector. This factor is leading to increased demand for energy-efficient green buildings as they are designed to consume less energy. Moreover, green buildings reduce the energy consumption and effectively uses the available energy to meet all their requirements.
APAC is expected to witness a considerable growth in hydraulic fittings market during the next few years. This region will be the major contributor to the growth of the market due to the rapid urbanization in the emerging countries such as China and India.
The global Hydraulic Hose and Fittings market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
This report focuses on Hydraulic Hose and Fittings volume and value at global level, regional level and company level. From a global perspective, this report represents overall Hydraulic Hose and Fittings market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
Key companies profiled in Hydraulic Hose and Fittings Market report are Bridgestone, Eaton, Gates, Manuli Hydraulics, Parker Hannifin, The Yokohama Rubberand more in term of company basic information, Product Introduction, Application, Specification, Production, Revenue, Price and Gross Margin (2014-2019), etc.
Read more: Global Hydraulic Hose and Fittings Market