EV Hoses Market Analysis | 2025-2031

Market Insights

The EV hoses market was estimated at USD 6.0 billion in 2024 and is likely to grow at a CAGR of 11.4% during 2025-2031 to reach USD 15.7 billion in 2031.

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Market Dynamics

Introduction

Electric Vehicle (EV) hoses are critical components used in various systems of electric and hybrid vehicles, serving essential roles such as battery cooling, fluid transfer, thermal management, and supporting electric power steering and braking systems. Unlike traditional automotive hoses, EV hoses are designed to meet the specific demands of electric drivetrains, including higher requirements for heat resistance, flexibility, and durability. These hoses are manufactured using advanced materials such as specialized rubber compounds, thermoplastics, and silicone blends, to ensure optimal performance under the unique operating conditions of EVs.

Market Drivers

The EV hoses market is experiencing robust growth, driven by several key factors. The most significant driver is the accelerating adoption of electric and hybrid vehicles globally, as countries and manufacturers push towards low-emission and zero-emission mobility solutions. The increasing production and sales of EVs create rising demand for specialized hoses capable of supporting advanced thermal management and fluid handling systems necessary to maintain battery performance, safety, and vehicle efficiency.

Technological advancements in hose materials and manufacturing processes are also fueling market expansion. Innovations in rubber compounds, thermoplastic blends, and silicone technologies are enhancing the flexibility, durability, and thermal resistance of EV hoses, helping automakers meet stringent performance standards and extend the service life of these critical components. Moreover, supportive regulatory frameworks, such as strict emission control policies and government incentives for electric vehicle adoption, are fostering a favorable environment for EV production and, consequently, for EV hose demand.

Further, the continued investment in EV charging infrastructure and manufacturing capacity, coupled with the rising focus of automakers on energy-efficient and safe vehicle systems, is expected to sustain the market's upward trajectory. As the EV market matures, the need for both original equipment (OE) and aftermarket EV hoses will continue to grow, offering new opportunities across various vehicle types, propulsion types, applications, and pressure requirements.

Recent Acquisition:

A huge number of strategic alliances, including M&As, JVs, etc., have been performed over the past few years:

• In 2024, Bridgestone HosePower announced the acquisition of South Carolina-based Cline Hose & Hydraulics.
• In 2023, Gates Corporation completed the acquisition of Turkish hose manufacturer Rapro to enhance its regional manufacturing capabilities and expand its product portfolio.

Segments Analysis

By Vehicle Type

“Light vehicles are expected to remain the dominant vehicle type in the EV hoses market during the forecast period.”

Based on vehicle type, the electric vehicle (EV) hoses market is segmented into light vehicles and commercial vehicles. Light vehicles anticipated to remain the dominant segment during the forecast period. This dominance is primarily driven by the global emphasis on electrification within the light vehicles category, which includes passenger cars, crossovers, and small utility vehicles. The widespread consumer shift towards electric mobility in this segment has been significantly bolstered by favorable government policies, incentives, and subsidies aimed at promoting cleaner transportation solutions. These measures have accelerated the production and sales of light electric vehicles (LEVs), thereby increasing the demand for components such as EV hoses that are essential for thermal management, fluid transfer, and overall vehicle efficiency.

Moreover, the adoption rate of electric light vehicles has outpaced that of commercial EVs due to several factors. Consumers are increasingly inclined toward electric cars as improvements in battery technology have enhanced driving range, reduced charging times, and brought down the overall cost of ownership, making EVs a viable and attractive option for the mass market. In addition, greater consumer awareness of environmental issues and the benefits of EV ownership, coupled with expanding EV infrastructure, has further solidified the position of light vehicles as the primary driver of EV hose demand.

By Propulsion Type

“BEV is expected to remain the dominant as well as anticipated to be the fastest-growing propulsion type in the market during the forecast period.”

Based on propulsion type, the electric vehicle (EV) hoses market is segmented into hybrid electric vehicles (HEVs) and battery electric vehicles (BEVs). Among these, BEVs are expected to remain the dominant propulsion type while also being the fastest-growing segment during the forecast period. This trend is primarily driven by the global shift toward achieving zero-emission mobility, as BEVs are fully electric and produce no tailpipe emissions. Governments across the world are implementing increasingly stringent environmental regulations, providing incentives, subsidies, and policy support that directly promote the adoption of BEVs over hybrid alternatives. These measures, combined with growing consumer awareness of climate change and sustainable mobility, are fueling the accelerated adoption of BEVs and, consequently, the demand for specialized EV hoses used in these vehicles.

Technological advancements have further contributed to the rise of BEVs. Innovations in battery technology have resulted in longer driving ranges, faster charging times, and decreasing battery costs, making BEVs more practical and appealing to a broader customer base. In response to these market dynamics, leading automakers are aggressively investing in BEV production while announcing plans to gradually phase out internal combustion engines and reduce reliance on hybrid platforms. This strategic focus on BEVs is strengthening the demand for critical components such as EV hoses, particularly for advanced thermal management and fluid transfer systems that are essential for ensuring battery safety, performance, and longevity.

By Application Type

“Complex thermal management hoses are anticipated to be the fastest-growing application type during the forecast period.”

Based on application type, the EV hoses market is segmented into electric power steering and braking systems, basic thermal management hoses, complex thermal management hoses, and other applications. Among these, complex thermal management hoses are projected to be the fastest-growing application type during the forecast period. This is primarily driven by the growing need for advanced thermal management solutions to ensure the safe and efficient operation of high-performance battery systems in electric vehicles. As battery technologies evolve, with increasing energy densities and greater power outputs, electric vehicles require more sophisticated cooling systems to manage the heat generated during charging, discharging, and operation. Complex thermal management hoses play a critical role in circulating coolants precisely and effectively across various battery modules, power electronics, and drive components to prevent overheating and ensure consistent performance.

Furthermore, the growing adoption of electric vehicles, especially in the premium and high-performance segments, demands intricate thermal management systems that can handle higher thermal loads and deliver superior reliability. These systems are vital for mitigating risks such as thermal runaway, enhancing vehicle safety, and extending battery life. The rise of fast-charging technologies and ultra-high-capacity battery packs further amplifies the need for advanced thermal management hoses capable of operating under higher pressure and temperature conditions.

By Material Type

“Rubber hoses are expected to stay the top material of the market during the forecast period.”

Based on material type, the EV hoses market is segmented into rubber, thermoplastics, and other materials. Among these, rubber hoses are expected to remain the dominant material type during the forecast period. This is largely due to rubber’s proven versatility, flexibility, and high tolerance to demanding operating conditions, making it well-suited for a wide range of EV applications. Whether used for coolant circulation, fluid transfer, or complex thermal management systems, rubber hoses provide the durability and reliability needed to support the safe and efficient operation of electric vehicles.

A major factor supporting rubber’s continued dominance is its cost-effectiveness. Compared to alternative materials, rubber offers a more economical solution while still meeting critical performance requirements for temperature and pressure resistance in EV systems. This balance of performance and affordability allows manufacturers to manage production costs without compromising on safety or functionality, an important consideration as the EV market scales up to meet growing global demand. While thermoplastics are gaining traction due to their lightweight and sustainability advantages, rubber remains the preferred material for many EV hose applications thanks to its performance, cost benefits, and reliability across a wide range of vehicle platforms and systems.

By End-User Type

“OE is projected to be the fastest-growing end-user of the EV hoses market during the forecast period.”

By end-user type, the EV hoses market is segmented into the Original Equipment (OE) and aftermarket. Among these, OE is projected to be the fastest-growing end-user during the forecast period. This growth is primarily driven by the rapid increase in global EV production as governments, consumers, and manufacturers accelerate the shift toward cleaner mobility solutions. As EV production volumes rise, OE manufacturers face strong and sustained demand for EV hoses, which are essential for key functions such as thermal management, fluid transfer, and steering and braking systems. Every new EV built requires a range of high-quality hoses integrated during the assembly process, making OE demand directly tied to the growth of the EV market itself.

Furthermore, OE manufacturers benefit from established partnerships and long-term supply agreements with major automakers. These relationships ensure a steady, large-scale demand for hoses designed and tested to meet specific vehicle requirements. As automakers continue to expand their EV portfolios and introduce new models across various segments, from passenger cars to commercial vehicles, the volume of hoses supplied to OE channels is expected to rise significantly. In contrast, the aftermarket segment for EV hoses remains relatively smaller, as the maintenance and replacement cycles for these components in EVs are generally longer compared to conventional internal combustion engine vehicles.

Regional Insights

“Asia-Pacific is expected to remain the largest market by region for EV hoses during the forecast period.”

Asia-Pacific is anticipated to continue leading the global EV hoses market during the forecast period, driven by its dominant position in electric vehicle (EV) production and sales. The region, led by countries such as China, Japan, and South Korea, accounts for the highest market share in global EV adoption. This rapid growth stems from strong consumer interest in electric mobility, favorable government policies, and substantial investments in EV manufacturing. As EV production scales up across Asia-Pacific, the demand for key components, such as EV hoses used in thermal management, fluid transfer, and other critical systems, continues to rise in tandem.

The region is home to some of the world’s largest and most technologically advanced automotive manufacturers, many of whom are aggressively investing in the development and production of EVs to meet both domestic and export demand. This expansion fuels the need for high-performance EV hoses that can support increasingly complex vehicle systems. Moreover, Asia-Pacific governments play a vital role in sustaining EV market growth by offering incentives, subsidies, and policy support that encourage both consumers and automakers to transition to electric mobility. The growing deployment of EV charging infrastructure across the region further accelerates EV adoption, creating a ripple effect that boosts demand for related components, including hoses.

In addition, Asia-Pacific’s strong manufacturing base and well-developed supply chain infrastructure make the production of EV hoses cost-effective and scalable. The region’s expertise in automotive component innovation ensures ongoing development of advanced hose technologies that can meet the evolving requirements of electric vehicles, including higher temperature and pressure tolerances for modern thermal management systems. Together, these factors position Asia-Pacific as the largest and most dynamic regional market for EV hoses during the forecast period.

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Key Players

The market is highly fragmented. The following are the key players in the EV hoses market:

Here is the list of the Top Players (Based on Dominance)

• Sumitomo Riko Company Limited
• TI Fluid Systems plc.
• Continental AG
• Parker Hannifin Corp.
• Gates Corporation
• Tianjin Pengling Group Co., Ltd.
• Cooper Standard Automotive Inc.
• Nichirin Co., Ltd.
• Toyado Gosei Co. Ltd.
• Yokohama Industries
• Pirtek Limited

Note: The above list does not necessarily include all the top players in the market.

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Research Methodology

This strategic assessment report, from Stratview Research, provides a comprehensive analysis that reflects today’s EV hoses market realities and future market possibilities for the forecast period of 2025 to 2031. After a continuous interest in our EV hoses market report from the industry stakeholders, we have tried to further accentuate our research scope to the EV hoses market to provide the most crystal-clear picture of the market. The report segments and analyses the market in the most detailed manner to provide a panoramic view of the market. The vital data/information provided in the report can play a crucial role for the market participants as well as investors in the identification of the low-hanging fruits available in the market as well as to formulate the growth strategies to expedite their growth process.

This report offers high-quality insights and is the outcome of a detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders, and validation and triangulation with Stratview Research’s internal database and statistical tools. More than 1000 authenticated secondary sources, such as company annual reports, fact books, press releases, journals, investor presentations, white papers, patents, and articles, have been leveraged to gather the data. We conducted more than 15 detailed primary interviews with the market players across the value chain in all four regions and industry experts to obtain both qualitative and quantitative insights.

Report Features

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 market dynamics and will enable strategic decision-making for existing market players as well as those willing to enter the market. The following are the key features of the report:

• Market structure: Overview, industry life cycle analysis, supply chain analysis.
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics: Market share, Service portfolio, New Product Launches, etc.
• COVID-19 impact and its recovery curve.
• Attractive market segments and associated growth opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing and new players.
• Key success factors.

Market Segmentation

This report studies the market, covering a period of 12 years of trends and forecasts. The report provides detailed insights into the market dynamics to enable informed business decision-making and growth strategy formulation based on the opportunities present in the market.

The EV hoses market is segmented into the following categories.

By Vehicle Type

• Light Vehicles (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Commercial Vehicles (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

EV Hoses Market, by Propulsion Type

• Hybrid (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• BEV (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

By Application Type

• Electric Power Steering & Braking System (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Basic Thermal Management Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Complex Thermal Management Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World
• Other Applications (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

By Material Type

• Rubber Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Thermoplastic Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Other Materials (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

By Pressure Type

• Low-Pressure Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Medium-Pressure Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• High-Pressure Hoses (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

By End-User Type

• OE (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)
• Aftermarket (Regional Analysis: North America, Europe, Asia-Pacific, and Rest of the World)

By Region

• North America (Country Analysis: USA, Canada, and Mexico)
• Europe (Country Analysis: Germany, France, UK, and Rest of Europe)
• Asia-Pacific (Country Analysis: China, Japan, India, and Rest of Asia-Pacific)
• Rest of the World (Country Analysis: Brazil, Saudi Arabia, and Others)

Customization Options

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Company Profiling

• Detailed profiling of additional market players (up to three players)
• SWOT analysis of key players (up to three players)

Competitive Benchmarking

• Benchmarking of key players on the following parameters: Service portfolio, geographical reach, regional presence, and strategic alliances

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