The UK hydraulic hose market is estimated to grow significantly during the forecast period. The market is mainly driven due to the rising application of hydraulic hoses in various industries such as construction, manufacturing, and others. The hydraulic hoses market is indirectly related to the building & construction industry and the country has a well-develop construction industry. As per the Parliament of UK report published in December 2019, the construction industry contributed around $155 billion to the country in 2018. In Q2 2019, there were around 2.4 million jobs in the construction industry in the country, which is around 6.6% of the total jobs. The jobs are highest since 2007 in the country. The new orders for construction in UK stand around $82.0 billion in 2018. The housing sector (35.0%) in UK accounts for the maximum percentage in the country in 2018, followed by commercial (25.0%) and infrastructure (19.0%) respectively.
The UK market for hydraulic hose is segmented based on product type and industry. Based on the product type, the market is further classified into articulated, reinforced, coiled, and other. The reinforced segment is projected to have a considerable share owing to the growing application in various industries such as construction and mining. Based on the industry, the UK hydraulic hose market is further segmented into agriculture, construction & mining, manufacturing, and others. The agriculture segment is estimated to have considerable growth in the market owing to the significant advancement in the agriculture process across the globe.
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UK Hydraulic Equipment Market-Segmentation
By Type
- Mobile Hydraulics
- Industrial Hydraulics
By Product
- Motors and Pumps
- Valves
- Cylinders
- Others
By End-User Industry
- Construction and Mining
- Agriculture
- Oil and Gas
- Automotive
- Aerospace and Defense
- Others
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Company Profiles
- ALFAGOMMA Spa
- Continental AG
- Eaton Corporation plc
- Gates Industrial Corporation plc
- Hose-tech Ltd.
- Hansa-Flex AG
- Manuli Hydraulics Group
- Parker-Hannifin Corp.
- Salem-Republic Rubber Co.
- Semperit Group
- Transfer Oil S.p.A.
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