Global Power Steering Hose Market Growth 2025-2031

Global Power Steering Hose Market Growth 2025-2031

The global Power Steering Hose market size is predicted to grow from US$ 597 million in 2025 to US$ 643 million in 2031; it is expected to grow at a CAGR of 1.2% from 2025 to 2031.

The power steering hose connects the power steering pump to the cylinders that enables a vehicle to turn left and right easily.

The major players in global Power Steering Hose market include Yokohama Rubber, Nichirin, Continental, etc. The top 3 players occupy about 60% shares of the global market. Europe and China are main markets, they occupy about 50% of the global market. High Pressure Power Steering Hose is the main type, with a share about 55%. OEM is the main application, which holds a share about 85%.

LP Information, Inc. (LPI) ' newest research report, the “Power Steering Hose Industry Forecast” looks at past sales and reviews total world Power Steering Hose sales in 2024, providing a comprehensive analysis by region and market sector of projected Power Steering Hose sales for 2025 through 2031. With Power Steering Hose sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power Steering Hose industry.

This Insight Report provides a comprehensive analysis of the global Power Steering Hose landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Power Steering Hose portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power Steering Hose market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power Steering Hose and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power Steering Hose.

This report presents a comprehensive overview, market shares, and growth opportunities of Power Steering Hose market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
High Pressure Power Steering Hose
Low Pressure Power Steering Hose

Segmentation by Application:
OEM
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Yokohama Rubber
Nichirin
Continental
Sumitomo Riko
Eaton
Meiji Flow
Imperial Auto
Codan lingyun
Dayco Products

Key Questions Addressed in this Report

What is the 10-year outlook for the global Power Steering Hose market?

What factors are driving Power Steering Hose market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Power Steering Hose market opportunities vary by end market size?

How does Power Steering Hose break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.