Fluid Transfer System Market Size, Strategies, Demand, Competitive Landscape, Trends & Factor Analysis, 2017–2028

The global fluid transfer system market size is expected to reach USD 28.48 Billion at a steady CAGR of 6.2% in 2028, according to latest analysis by Emergen Research. Factors driving revenue growth of the fluid transfer system market are increasing demand for premium vehicles, implementation of more stringent fuel emission and tailpipe exhaust regulations, and stringent norms regarding CO2.

Fluid transfer systems are commonly used in manufacturing, shipping, automotive, and aerospace industries. These systems are incorporated into machines or can also be used independently. 

The report firstly introduced the Fluid Transfer System basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis.

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Some Key Highlights in the Report

• In May 2020, Puck Enterprises, which is a producer of liquid transfer equipment, announced completion of the acquisition of Coupling & Accessories Inc., which is a company producing hose connection and fittings in the US. The acquisition provides Puck Enterprises capability to develop more innovative solutions and offer an enhanced product line to its customers in the liquid transfer industry. Also, the acquisition offers Puck Enterprises and its subsidiary firm, BullDog Hose Company, improved control over their product offerings.
• Selective Catalytic Reduction (SCR) is a cost-effective fuel-efficient technology used to reduce emissions from diesel engines. All heavy-duty diesel truck engines manufactured after 1 January 2020 are required to meet the Environmental Protection Agency (EPA) emission standard. The standard is very stringent, and aimed at reducing nitrogen oxide (NOx) and particulate matter (PM) to near-zero levels. SCR can reduce nitrogen oxide emissions up to 90% while reducing hydrocarbon (HC) and carbon monoxide emissions by 50–90% and particulate matter (PM) emissions by 30–50%.

The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others. It also offers key insights into financial standing, market reach, global position, gross profit margins, and investment and funding initiatives.

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Major Players/Manufacturers profiled in the report are:

Contitech, Cooper Standard, Lander Automotive, Akwel, Gates Corporation, Hutchinson, Tristone, TI Fluid Systems, Castello Italio, and Kongsberg Automotive.

Emergen Research has segmented the global fluid transfer system market on the basis of equipment type, type, application, material, and region:

Equipment Type Outlook (Revenue, USD Billion; 2018–2028)

• AC lines
• Air suspension lines
• SCR lines
• Brake lines
• DPF lines
• Fuel lines
• Turbo coolant lines
• Transmission oil cooling lines

Type Outlook (Revenue, USD Billion; 2018–2028)

• Hoses
• Tubing

Application Outlook (Revenue, USD Billion; 2018–2028)

• AutomotiveBattery Electric Vehicle (BEV)
• Plug-in Hybrid Electric Vehicle (PHEV)
• Mild Hybrid Vehicles
• Aerospace
• Manufacturing
• Others

Material Outlook (Revenue, USD Billion; 2018–2028)

• Aluminum
• Stainless Steel
• Rubber
• Nylon
• Steel
• Others

The report offers a comprehensive breakdown of the regional analysis of the market and subsequent country-wise analysis. The regional analysis of the market comprises of production volume information, consumption volume and patterns, revenue, and growth rate for the forecast period of 2020-2027. According to the regional analysis, the market is primarily spread over key geographical regions as follows:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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Key Benefits of the Report:

• Comprehensive analysis of the competitive scenario and its changing dynamics
• Analytical data with detailed SWOT analysis and Porter’s Five Forces analysis
• In-depth 8 year analysis of the Global Fluid Transfer System Market
• Critical assessment of the key market segments
• Comprehensive analysis of the drivers, restraints, trends, and opportunities
• Detailed regional analysis and extensive company profiling
• Extensive assessment of current and emerging trends of the market

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