What Happened
Market Growth Driven by Aging Vehicle Parc and Increasing Demand for Electric Vehicles
The US Automotive Brake Hoses and Assemblies market is estimated to be worth $1.6-2.1 billion in 2026, driven by a large and aging vehicle parc. The market is expected to grow at a compound annual rate of 3.0-4.0% from 2026 to 2035, with the aftermarket segment expanding at a faster rate. The market is characterized by a mix of integrated Tier-1 system suppliers, contract manufacturing and assembly partners, and aftermarket specialists, according to a report by IndexBox.