According to the research report titled ‘Global Automotive Brake Hose Market Size study, by Type (Rubber type, Synthetic Material type) by Application (Passenger Vehicle, Commercial vehicle, Two Wheeler) and Regional Forecasts 2020-2027’, available with Market Study Report, global automotive brake hose market is expected to grow substantially during 2020-2027.
 

Growing demand for lightweight vehicles is a major factor fueling the growth of global automotive brake hose market. In fact, the OICA calculated that the production of light commercial vehicles grew by 3% in Europe, with France recording production of over 527 thousand units in the year 2018.
 

For those uninitiated, automotive brake hose is a tube that connects the braking pipes of a vehicle. This tube is used to carry brake fluid from brake line and subsequently into the brake calipers. High flexibility of the tube enables the wheel to move along with suspension.
 

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Consumer preference for improved and effective braking system is further aiding the expansion of automotive brake hose market size. Additionally, favorable government regulations which promote passenger safety is also stimulating the industry outlook. However, continued inclination towards using brake liners over brake hose may act as a restraining factor to the overall market growth.
 

As per type, global automotive brake hose market is segmented into synthetic material and rubber. The application range of the market consists of two-wheeler, commercial vehicle, and passenger vehicle.
 

Considering the geographical landscape, Europe automotive brake hose market is predicted to expand significantly during the study period. High concentration of key OEMs in the region along with increasing automobile production are facilitating the business scenario in Europe.
 

On the other hand, automotive brake hose market in Asia-Pacific is anticipated to record a strong CAGR through 2026. Evolving consumer lifestyle in tandem with escalating disposable income have impelled the demand for automobiles, which in turn is augmenting APAPC automotive brake hose market trends.
 

Bosch Rexroth Hydraulics, Hitachi Cable America Inc., Cooper Standard Automotive Inc., Harman International Industries Inc., AISIN U.S.A. Mfg. Inc., Meritor Inc., Kokoku Rubber Industry Co. Ltd., Avon Products Inc., Dana Incorporated, and Mando America Corporation are the major companies in worldwide automotive brake hose market.