June 2019

hydraulic hose market. The hydraulic hose is used by hydraulic machines to create low-speed torque and maintain speed and movement of the machines. Hydraulic hoses are used for different purposes including reducing the effects of vibration or providing the movement gap between two port locations. Moreover, the hydraulic hose can also be used for ease of installation or availability of hose manufacturing equipment. Demand boost The report suggests that increasing use and demand for the hydraulic machine in different industries such as construction, mining, transportation, and others subsequently boost the demand for the hydraulic hose in the global market. Moreover, the pressure variation requirement in heavy industrial machinery used in oil industry for transfer of the fluid also enhance the demand for hydraulic hose. The aforementioned factors are anticipated to drive the growth of the global hydraulic hose market during the forecast period. The growing construction industry equipment also inclines for the use of hydraulic hose in machines such as Engineering Excellence HYDRAULIC MANIFOLD MANUFACTURE WE ARE HERE TO HELP…CALL US NOW! 01903 718732 or email your drawings for a quotation to: sales@adm-precision.com www.adm-precision.com Our design service provides detailed design solutions from basic to complex bespoke manifolds. Our vast range of cavity tooling often means we can commit to shorter lead times than our competitors. CAPACITY INCREASES AT ADM The recent installation of our HURCO VMX60SRTi XP – 5 Axis CNC Machining Centre enhances our range of CNC machines, particularly for the manufacture of larger Hydraulic Manifold Blocks. Incorporated into 1680mm x 660mm machine table is a 600mm diameter rotary table, with full 360 degree rotation. Maximum table load is 1360Kg with a maximum load on the rotary table of 500Kg. At ADM our sophisticated CNC machining processes complement the quality of human resource within the business. Investment in new systems, training and technology enables us to consistently deliver high quality products. Operating within stringent timescales and to agreed costs, our flexibility and motivation to adapt quickly to change, has made us as a regular, and preferred supplier to various clients, of both National and International repute. bulldozers, backhoes, wheel loader, and excavators among others. The demand for the hydraulic hose is estimated to grow at a substantial rate from the construction industry owing to the requirement of high operating pressure and maximum abrasion resistance to the equipment. Moreover, the demand driven from the other end-use industries such as transportation industry is likely to boost the market growth in the forecast period. Among the different end-use application industry of the hydraulic hose market agriculture industry end use application have quite more share than the construction and mining end use application which is probably growing with modest growth rate during the forecast period, however transportation industry shows considerable growth rate over the forecast period in hydraulic hose market by the end of 2027. Regional overview The Asia Pacific region dominates the hydraulic hose market throughout the forecast period. The global market of hydraulic hose is growing due to the subsequent growth in regional demand from North America and the APEJ market. The increase in the local order and presence of key manufacturers is expected to contribute to the growth of the global market. In APEJ region, the increase in the demand for mechanisation in different industries which has promoted the use of various equipment including hydraulic machines, this is expected to lead the market growth with a significant growth rate over the forecast period. The hydraulic hose market in Europe is expected to show growth opportunities due to the rising demand supported by growing mining and transportation industry. Key players The manufacturers operating in the global hydraulic hose market include Bridgestone Corporation, Parker Hannifin Corporation, Alfagomma Spa, Eaton Corporation, Gates Corporation, Ryco Hydraulics, Manuli Hydraulics, Hansa- Flex Ag and others located across the globe. The prominent market players in hydraulic hose market are concentrating on the extension of their production abilities and vertical integration for business development. www.factmr.com