(MENAFN- EIN Presswire)
Vehicle Exhaust Hose Market
Rising disposable income & increasing middle-class population are predicted to enhance sales of passenger automobiles & commercial vehicles, boosting market
WILMINGTON, DE, UNITED STATES, November 25, 2024 /EINPresswire / -- According to the report published by Allied
market Research, The Global Vehicle Exhaust Hose Market Size Reach USD 760.60 Million by 2030. The report provides an extensive analysis of changing market dynamics, major segments, value chain, competitive scenario, and regional landscape. This research offers valuable able guidance to leading players, investors, shareholders, and startups in devising strategies for sustainable growth and gaining a competitive edge in the market.
The global vehicle exhaust hose market was valued at $525.40 million in 2021, and is projected to reach $760.60 million by 2030, growing at a CAGR of 4% from 2022 to 2030.
Request Sample Report (Get Full Insights in PDF - 246 Pages) at:
Increased demand from the automotive repair facilities and efficient fume extraction systems in the vehicles are expected to drive vehicle exhaust hose market revenue growth in the predicted time span. North America held the largest share in 2021, contributing to more than one-fourth of the total market share. The COVID-19 pandemic has had a negative impacted on the market, owing to implementation of stringent lockdown which led to temporary closure of car production.
The global vehicle exhaust hose market is segmented on the basis of type, end-use, and region. By type, the market is sub-segmented into single layer, double layer, and three layer. By end-use, the market is classified into passenger cars and commercial cars. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
Based on type, the single layer segment held the highest share in 2021, accounting for around half of the global vehicle exhaust hose market, and is expected to continue its leadership status during the forecast period. In addition, the same segment is expected to register the highest CAGR of 4.3% from 2022 to 2030. The report also analyzes the double layer and three layer segments.
If you have any questions, Please feel free to contact our analyst at:
Based on end use, the commercial cars segment accounted for the highest share in 2021, holding nearly three-fifths of the global market, and is expected to continue its leadership status during the forecast period. In addition, the same segment is expected to register the highest CAGR of 4.2% from 2022 to 2030. Other segment mentioned in the report include passenger cars.
Based on region, North America held the largest share in 2021, contributing to more than one-fourth of the total market share, and is projected to maintain its dominant share in terms of revenue in 2030. However, the Asia-Pacific region is expected to manifest the fastest CAGR of 4.6% during the forecast period. The research also analyzes regions including Europe and LAMEA.
The key players included in this report are Masterflex Group., Air Cleaning Specialists, Inc., Nederman Holding AB, Novaflex Group, Eurovac, Flexaust Inc., Precision Hose & Expansion Joints, BISCO Enterprise, Inc., Dayco Products, LLC, and KEMPER GmbH.
Enquiry Before Buying:
Covid-19 Scenario:
● The outbreak of the COVID-19 pandemic had a negative impacted on the global vehicle exhaust hose market, owing to implementation of stringent lockdown that led to temporary closure of car production activities.
● Ban on import & export activities led to sudden decline in availability of essential raw materials for vehicle components. As a result, supply chains were disrupted and production schedules were delayed.
● To prevent the spread of coronavirus, governments across every nation made social distancing compulsory, due to which, market players faced shortage of labor.
● Nevertheless, in the post-pandemic, the market recovered quickly with the increase in vehicle sales.
Buy Now & Get Upto 50% Discount on this Report (246 Pages PDF with Insights, Charts, Tables, and Figures) at:
Thanks for reading this article you can also get individual chapter-wise sections or region-wise report versions like North America Europe or Asia.
If you have any special requirements, please let us know and we will offer you the report as per your requirements.
Lastly this report provides market intelligence most comprehensively. The report structure has been kept such that it offers maximum business value. It provides critical insights into the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.
Other Trending Reports:
1. Asia-Pacific and Africa Three-wheeler Market
2. Ride on Bikes Market
3. Electric Two-Wheeler Lithium-Ion Battery Management System Market
About Us:
Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients in making strategic business decisions and achieving sustainable growth in their respective market domains.
AMR launched its user-based online library of reports and company profiles Avenue. An e-access library is accessible from any device anywhere and at any time for entrepreneur's stakeholder's researchers and students at universities. With reports on more than 60000 niche markets with data comprising of 600000 pages along with company profiles on more than 12000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients' requirements is complemented with analyst support and customization requests.
Contact:
David Correa
1209 Orange Street,
Corporation Trust Center,
Wilmington, New Castle,
Delaware 19801 USA.
Int'l: +1-503-894-6022
Toll Free: +1-800-792-5285
UK: +44-845-528-1300
India (Pune): +91-20-66346060
Fax: +1-800-792-5285
...
David Correa
Allied Market Research
+1 800-792-5285
email us here
Visit us on social media:
Facebook
X
Legal Disclaimer:
EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability
for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this
article. If you have any complaints or copyright issues related to this article, kindly contact the author above.
MENAFN25112024003118003196ID1108921622