Global Power Steering Hose Sales Market Report 2022
The power steering hose connects the power steering pump to the cylinders that enables a vehicle to turn left and right easily.
Market Analysis and Insights: Global Power Steering Hose Market
Due to the COVID-19 pandemic, the global Power Steering Hose market size is estimated to be worth US$ 596 million in 2021 and is forecast to a readjusted size of US$ 596 million by 2028 with a CAGR of 1.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Power Steering Hose global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The major players in global Power Steering Hose market include Yokohama Rubber, Nichirin, Continental, etc. The top 3 players occupy about 60% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. High Pressure Power Steering Hose is the main type, with a share about 55%. OEM is the main application, which holds a share about 85%.
Global Power Steering Hose Scope and Market Size
The global Power Steering Hose market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Power Steering Hose market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
High Pressure Power Steering Hose
Low Pressure Power Steering Hose
Segment by Application
OEM
Aftermarket
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Yokohama Rubber
Nichirin
Continental
Sumitomo Riko
Eaton
Meiji Flow
Imperial Auto
Codan lingyun
Dayco Products
Market Analysis and Insights: Global Power Steering Hose Market
Due to the COVID-19 pandemic, the global Power Steering Hose market size is estimated to be worth US$ 596 million in 2021 and is forecast to a readjusted size of US$ 596 million by 2028 with a CAGR of 1.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Power Steering Hose global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
The major players in global Power Steering Hose market include Yokohama Rubber, Nichirin, Continental, etc. The top 3 players occupy about 60% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. High Pressure Power Steering Hose is the main type, with a share about 55%. OEM is the main application, which holds a share about 85%.
Global Power Steering Hose Scope and Market Size
The global Power Steering Hose market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Power Steering Hose market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
High Pressure Power Steering Hose
Low Pressure Power Steering Hose
Segment by Application
OEM
Aftermarket
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
Yokohama Rubber
Nichirin
Continental
Sumitomo Riko
Eaton
Meiji Flow
Imperial Auto
Codan lingyun
Dayco Products
Frequently Asked Questions
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