A radiator hose is a one that transfers coolant from an engine's water pump to its radiator. It is connected to a nipple on the radiator or the engine's water pump or intake by a clamp. Most radiator hose designs are molded hoses specific to the application; however, there are some universal designs which can be bent and fit onto many different applications.
The Radiator Hose industry concentration is not high; there are more than one hundreds manufacturers in the world, and high-end products mainly from U.S. and Western Europeropean.
Global giant manufactures mainly distributed in U.S. and E.U. The manufacturers in U.S. have a long history and unshakable status in this field. Manufacturers such as Gates and Goodyear have relative higher level of product’s quality. In Germany, Continental leads the technology development.
Many companies have several plants, usually locate in the place close to aimed consumption region. There are international companies set up factories in China either, such as Goodyear whose plant is located in Shandong province. Some companies usually take a joint venture enter into aim market..
The key consumption markets locate at developed countries. The United States takes the market share of around 25%, followed by Europe with 21.4% in 2016. China’s consumption market has a quicker growing speed of CAGR 11%.
We tend to believe this industry becomes more and more mature, and the consumption increasing rate will show a smooth curve.
In the international market, the marketing channels characteristic differ from company to company.
The international leading companies such as Gates who prefer setting up factories directly into aimed market, and taking own sales department to expand market. The giant companies are more likely to set their own big agents in some major countries and regions taking charge of regional business building their international market position.
Companies in developing countries such as China and India, in contrast, put more effort on direct selling business. They can act as exports at the same time, and it is a common phenomenon in this industry. As they do not have that much international brand influence, their product quality is not good enough when comparing with leading companies, however, they have price advantage. They like to expand their market share in developing countries and low-end international market.
In the Radiator Hose market, there still has a distinct feature that the import and export rate of this industry is not high caused by the fact that many international manufactures expand their business through building factories or investments.
The market is not only influenced by the price, but also influenced by the product performance. Although China domestic companies have price advantage, the application is narrow to some extent due to the poor manufacture processing, cheap raw material and less diversity of products.
The leading companies own the advantages on better performance, more abundant product’s types, better technical and impeccable after-sales service. Consequently, they take the majority of the market share of high-end market.
Looking to the future years, the slow downward price trend in recent years will maintain. As competition intensifies, prices gap between different brands will go narrowing. Similarly, there will be fluctuation in gross margin.
Company mergers and acquisitions, and inter-companies cooperation have occurred for development and growth. As the downstream consumption usually follows with developed and rapid economic growth areas, such as BRICS, the developed areas’ company prefers investing to underdevelopment regions these years.
This industry is affected by the economy and policy, so it’s important to put an eye to economic indexes and leaders’ prefer. With the global economic recovery, more and more people pay attention to rising environment standards, especially in underdevelopment regions that have a large population and fast economic growth, the need of Radiator Hose will increase.
The global Radiator Hose market is valued at 2990 million US$ in 2018 is expected to reach 3610 million US$ by the end of 2025, growing at a CAGR of 2.4% during 2019-2025.
This report focuses on Radiator Hose volume and value at global level, regional level and company level. From a global perspective, this report represents overall Radiator Hose market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
Gates
Dayco
Goodyear
Continental
Tokyo Rub
Hutchinson
Motorcraft
Meyle
Toyoda Gosei
Mishimoto
MacKay
Auto 7
ACDelco
APA/URO Parts
Omix-ADA
Spectre
Crown
Nufox
Tianjin Pengling
Sichuan Chuanhuan
Tianjin Dagang Rubberhose
Shandong Meichen
Segment by Regions
North America
Europe
China
Japan
Segment by Type
Molded Type
Flexible Type
Segment by Application
Commercial vehicles
Passenger vehicles
Summary:
Get latest Market Research Reports on Radiator Hose . Industry analysis & Market Report on Radiator Hose is a syndicated market report, published as Global Radiator Hose Market Research Report 2019. It is complete Research Study and Industry Analysis of Radiator Hose market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.