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.

Furthermore, the report is further updated with the latest market scenario pertaining to the aftereffects of the COVID-19 pandemic. The pandemic has affected every segment of life by inducing financial difficulties and disrupting supply chains, thereby dynamically affecting the business sphere. The report assesses the comprehensive impact of the pandemic on the Fluid Transfer System market and the key segments of the industry. It also offers a current and future assessment of the impact of the pandemic on the Fluid Transfer System market.

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Some Key Highlights in the Report

• Rubber hoses are commonly used for fluid transfer and are designed for specific fluid, pressure, and temperature ranges and are available in a variety of specifications. Rubber hoses have capability of resisting erosive wear better than steel pipes in certain applications.
• North America accounted for a significantly large revenue share in 2020 due to presence of major market players such as Cooper Standard and Gates Corporation. Increasing investment in research & development of advanced fluid transfer systems in countries in the region is expected to propel growth of the North America market going ahead.
• Key players in the market include Contitech, Cooper Standard, Lander Automotive, Akwel, Gates Corporation, Hutchinson, Tristone, TI Fluid Systems, Castello Italio, and Kongsberg Automotive.

Fluid Transfer System Market Segmentation:

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)
  • Automotive
    1. Battery Electric Vehicle (BEV)
    2. Plug-in Hybrid Electric Vehicle (PHEV)
    3. Mild Hybrid Vehicles
  • Aerospace
  • Manufacturing
  • Others
• Material Outlook (Revenue, USD Billion; 2018–2028)
  • Aluminum
  • Stainless Steel
  • Rubber
  • Nylon
  • Steel
  • Others

Key Geographical Segments:

• 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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Exhaustive Analysis of the Competitive Landscape of the Global Fluid Transfer System Market:

• The global Fluid Transfer System market report zeroes in on the overall competitive scope of this industry vertical.
• The study provides detailed product information, alongside their specifications and prime applications.
• The study entails various pricing models and profit returns accrued, outlined by the key contenders across the market.
• The report enlists a wide array of strategic initiatives, for example, recent business deals, collaborations, joint ventures, mergers & acquisitions, product launches, and technological upgradation.
• The inference of the report comprises an exhaustive study of the key players of the market.

Table of Content
Chapter 1. Methodology & Sources
    1.1. Market Definition
    1.2. Research Scope  
    1.3. Methodology
    1.4. Research Sources
          1.4.1. Primary
          1.4.2. Secondary
          1.4.3. Paid Sources
    1.5. Market Estimation Technique
Chapter 2. Executive Summary
    2.1. Summary Snapshot, 2020-2028
Chapter 3. Key Insights
Chapter 4. Fluid Transfer System Market Segmentation & Impact Analysis
    4.1. Fluid Transfer System Market Material Segmentation Analysis
    4.2. Industrial Outlook
          4.2.1. Market indicators analysis
          4.2.2. Market drivers analysis
                    4.2.2.1. Increasing vehicle production
                    4.2.2.2. Increase in stringency in tailpipe emission limits
          4.2.3. Market restraints analysis 
                    4.2.3.1. Growing popularity of electric vehicles may impact ICE fluid transfer system market
    4.3. Technological Insights 
    4.4. Regulatory Framework
    4.5. Porter’s Five Forces Analysis
    4.6. Competitive Metric Space Analysis
    4.7. Price trend Analysis
    4.8. Covid-19 Impact Analysis

CONTINUED…!

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