About Hose Clamps
The global hose clamps market is expected to witness significant growth in the near future due to increasing demand from end-use industries and strong corrosion resistance and wear resistance. A hose clamp's design allows it to secure a hose over a fitting, thereby averting any fluid flowing through the hose from leaking at the connection. Common uses for hose clamps contain securing hoses in automotive systems and for clamping lines in household plumbing systems. Furthermore, the hose clamps also work well in other circumstances where a user desires a strong band clamp, like applications where a zip tie or duct tape might be used.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 7.4% |
Leading key players of hose clamp are focusing on strategic partnerships to improve their products and services along with focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Analyst at AMA Research estimates that Global Manufacturers will contribute the maximum growth to Global Hose Clamps market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Norma Group SE (Germany), Oetiker Group (Switzerland), Ideal Clamp (United States), Yushin Precision Industrial (Japan), Ideal Tridon (United States), JCS Group (United Kingdom), Murray (United States), Mikalor (Spain), Rotor Clip (United States) and The Belfin Group (United Kingdom) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are Jolly Clamps (India), Kale Clamp (Turkey) and Vibrant Performance (Canada).
Segmentation Overview
AMA Research has segmented the market of Global Hose Clamps market by Type (Screw/Band (Worm Gear) Clamps, Spring Clamps, Wire Clamps, Ear Clamps and Other), Application (Automobile Industry, General Industry, Water Treatment and Others) and Region.
On the basis of geography, the market of Hose Clamps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Distribution Channel, the sub-segment i.e. Online will boost the Hose Clamps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Pressure Handle, the sub-segment i.e. Low will boost the Hose Clamps market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Growing Automotive Industry Worldwide
Market Growth Drivers:
Increasing Demand from End-Use Industries and Strong Corrosion Resistance and Wear Resistance
Challenges:
Critical to the Long-Term Performance of Fluid Power Systems
Restraints:
High Cost of Product
Opportunities:
Increasing Demand from Developing Region
Market Leaders and their expansionary development strategies
In October 2020, Schenck Process, a global leader in the manufacture of pneumatic conveying, screening, milling, sifting, weighing, feeding and dust collection systems announces it has become an OEM partner with BFM Global. Schenck Process will stock BFM® fitting connectors, spigots and bulk bag loaders in one of its North American plants to integrate with pneumatic conveying, dust collection, weighing and feeding systems the company supplies to process manufacturers throughout the world. Additionally, BFM parts will be available on an aftermarket basis.
In March 2023, HCL Fasteners Ltd is pleased to announce its participation in the Fastener Fair Global, which will take place in Stuttgart. HCL will be exhibiting alongside other prestigious Hose Clamp companies including Mikalor, Norma, and Jubilee. The Fastener Fair Global is an important event for the industry, where manufacturers and distributors from all over the world come together to showcase their products and services.
Key Target Audience
Manufacturers of Hose Clamps, Suppliers of Raw Materials, Wholesalers, Distributors, and Retailers of Hose Clamps, Automotive Industry, Governmental Bodies and Research Firms
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.