Global Power Steering Hose market will reach 623.55 million US$ by the end of 2025

Publisher: QYResearch

Published Date: 2019/11/20

The Power Steering Hose are expected to grow at a CAGR of 1.19% from 580.58 million USD in 2019 to reach 623.55 million USD by 2025 in global market. The Power Steering Hose market is very concerted market; the revenue of top nine manufacturers accounts about 84% of the total revenue in 2018.

The leading manufactures mainly are Yokohama Rubber, Nichirin, Continental, Sumitomo Riko and Eaton. Yokohama Rubber is the largest manufacturer; its revenue of global market exceeds 24% in 2018. 

There are mainly two type product of Power Steering Hose market: High Pressure Hose and Low Pressure Hose.

Geographically, the global Power Steering Hose market has been segmented into North America, Europe, China, Japan, India, Southeast Asia and RoW. The Europe held the largest share in the global market, its revenue of global market exceeds 28% in 2018. The next is China.

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