Global Fluid Transfer System Market Size By Product Type (Air Suspension Lines, Fuel Lines), By Material (Electronics And Telecommunication, Textile), By Geographic Scope And Forecast
Report ID: 75089|No. of Pages: 202
Global Fluid Transfer System Market Size By Product Type (Air Suspension Lines, Fuel Lines), By Material (Electronics And Telecommunication, Textile), By Geographic Scope And Forecast
Fluid Transfer System Market Size And Forecast
Fluid Transfer System Market size was valued at USD 23.03 Billion in 2024 and is projected to reach USD 39.86 Billion by 2031, growing at a CAGR of 7.10% from 2024 to 2031.
The demand for Fluid Transfer Systems is driven by the rising adoption rate of SCRs in diesel engines, rising vehicle production, and stringent emission norms around the globe. The Global Fluid Transfer System Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global Fluid Transfer System Market Definition
Fluid Transfer System can provide effective and secure loading and unloading for a variety of onshore and offshore applications. These systems, which include methods for processing, deploying, and recovering flexible pipes as well as integrating power, utility equipment, and control, will use flexible pipes to move crude oil or other media into complex applications. AC lines, selective catalytic reduction lines, brake lines, and turbo coolant lines are a few examples of common fluid air suspension line types. They can also provide weight reduction, abrasion resistance, and corrosion resistance.
Market value has increased as a result of the growing demand for SCR usage in diesel engines. Growth in the use of recyclable or reusable metals in combination with the rise of the automobile industry, particularly in developing economies, would potentially open up attractive growth opportunities for the market. Government restrictions tightening the standards for emissions as well as fuel economy are promoting market expansion. The manufacturers’ increased focus on technological innovation will pave the road for the market to flourish even more.
It is anticipated that the market for fluid transfer systems will benefit from the growing popularity of electric vehicles. The focus on electric and hybrid vehicles has intensified in response to the new as well as impending pollution limits and increasing fuel-economy standards, which will have a substantial impact on the Global Fluid Transfer System Market. For instance, PHEVs are high-end vehicles that are expensive and equipped with the most advanced technology. PHEVs make use of a number of lines, including those for engine cooling, air suspension, and brakes. As a result, the Fluid Transfer System Market may experience a change in its landscape in the years to come with the growth of such electric vehicles.
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Global Fluid Transfer System Market Overview
Rising vehicle production will accelerate market growth. Stringent government rules and regulations are other factors boosting the growth of this market in the forecast period. Increasing adoption of SCRs in diesel engines will also contribute as a factor for the market growth. The raised ability of the metal to be recycled and reused acts as a market driver. Less replacement rate of Fluid Transfer Systems will restrain the market growth. Rising sales of BEVs will also hamper the growth of the market.
HEVs are intended to achieve improved fuel economy, risen power, or additional auxiliary power for electronic devices and power tools. Because of the presence of a combustion propulsion system, lines used in HEVs are AC lines, fuel lines, air suspension lines, brake lines, transmission oil cooling lines, and turbo coolant lines. HEV offers the benefits of decreased emission with the feeling of driving an ICE vehicle.
Global Fluid Transfer System Market Segmentation Analysis
The Global Fluid Transfer System Market is Segmented on the basis of Product Type, Material, And Geography.
Fluid Transfer System Market, By Product Type
- Air Suspension Lines
- Fuel Lines
- Brake Lines
- AC Lines
- Diesel Particulate Filter (DPF) Lines
- Selective Catalytic Reduction (SCR) Lines
- Transmission Oil Cooling Lines
- Turbo Coolant Lines
Based on Product Type, the market is bifurcated into Air Suspension Lines, Fuel Lines, Brake Lines, AC Lines, Diesel Particulate Filter (DPF) Lines, Selective Catalytic Reduction (SCR) Lines, Transmission Oil Cooling Lines, and Turbo Coolant Lines. Fluid Transfer System has the ability to offer efficient & safe loading as well as offloading in different onshore and offshore applications.
Fluid Transfer System Market, By Material
- Electronics & Telecommunication
- Textile
- Aerospace & Defense
- Construction & Building
- Automotive
- Sporting Goods
- Others
Based on Material, the market is bifurcated into Electronics & Telecommunication, Textile, Aerospace & Defense, Construction & Building, Automotive, Sporting Goods, and Others. Rising vehicle production will accelerate market growth. Stringent government rules and regulations are other factors boosting the growth of this market in the forecast period. Increasing adoption of SCRs in diesel engines will also contribute as a factor for the market growth.
Fluid Transfer System Market, By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
On the basis of Geographical Analysis, the Global Fluid Transfer System Market is classified into North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. North America is expected to hold the largest market share in the forecast period. The attendance of significant players such as Microsoft as well as Google will boost the market growth with the help of incorporating technological advancements in the product portfolio. Increased disbursements of enterprises in Research and Development would expand the market growth across the region.
Key Players
The “Global Fluid Transfer System Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are Cooper Standard, Kongsberg Automotive, ContiTech A Mgi Courtier, TI Fluid Systems., Lander Automotive, HUTCHINSON, Castello Italia, Gates Corporation, Pirtek Fluid Systems Pty. Ltd., AGS Company. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.
Key Developments
- In August 2022, Cooper Standard announced a joint development agreement of innovative dynamic fluid control technology for the electric vehicle market.
- In November 2021, Gates Corporation and Gogoro formed an exclusive strategic partnership to accelerate sustainable urban transportation through electric mobility.
Ace Matrix Analysis
The Ace Matrix provided in the report would help to understand how the major key players involved in this industry are performing as we provide a ranking for these companies based on various factors such as service features & innovations, scalability, innovation of services, industry coverage, industry reach, and growth roadmap. Based on these factors, we rank the companies into four categories as Active, Cutting Edge, Emerging, and Innovators.
Market Attractiveness
The image of market attractiveness provided would further help to get information about the region that is majorly leading in the Global Fluid Transfer System Market. We cover the major impacting factors that are responsible for driving the industry growth in the given region.
Porter’s Five Forces
The image provided would further help to get information about Porter’s five forces framework providing a blueprint for understanding the behavior of competitors and a player’s strategic positioning in the respective industry. Porter’s five forces model can be used to assess the competitive landscape in the Global Fluid Transfer System Market, gauge the attractiveness of a certain sector, and assess investment possibilities.
Report Scope
| Report Attributes | Details |
|---|---|
| STUDY PERIOD | 2021-2031 |
| BASE YEAR | 2024 |
| FORECAST PERIOD | 2024-2031 |
| HISTORICAL PERIOD | 2021-2023 |
| UNIT | Value (USD Billion) |
| KEY COMPANIES PROFILED | Cooper Standard, Kongsberg Automotive, ContiTech A Mgi Courtier, TI Fluid Systems., Lander Automotive, HUTCHINSON, Castello Italia. |
| SEGMENTS COVERED |
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| CUSTOMIZATION SCOPE | Free report customization (equivalent to up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Verified Market Research
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Reasons to Purchase this Report:
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments (which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
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Frequently Asked Questions
1 INTRODUCTION OF GLOBAL FLUID TRANSFER SYSTEM MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 GLOBAL FLUID TRANSFER SYSTEM MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 GLOBAL FLUID TRANSFER SYSTEM MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Air Suspension Lines
5.3 Fuel Lines
5.4 Brake Lines
5.5 AC Lines
5.6 Diesel Particulate Filter (DPF) Lines
5.7 Selective Catalytic Reduction (SCR) Lines
5.8 Transmission Oil Cooling Lines
5.9 Turbo Coolant Lines
6 GLOBAL FLUID TRANSFER SYSTEM MARKET, BY MATERIAL
6.1 Overview
6.2 Electronics & Telecommunication
6.3 Textile
6.4 Aerospace & Defense
6.5 Construction & Building
6.6 Automotive
6.7 Sporting Goods
6.8 Others
7 GLOBAL FLUID TRANSFER SYSTEM MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 U.S.
7.2.2 Canada
7.2.3 Mexico
7.3 Europe
7.3.1 Germany
7.3.2 U.K.
7.3.3 France
7.3.4 Rest of Europe
7.4 Asia Pacific
7.4.1 China
7.4.2 Japan
7.4.3 India
7.4.4 Rest of Asia Pacific
7.5 Rest of the World
7.5.1 Latin America
7.5.2 Middle East & Africa
8 GLOBAL FLUID TRANSFER SYSTEM MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market Ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Cooper Standard
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 Kongsberg Automotive
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 ContiTech AG
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 ContiTech A Mgi Courtier
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 TI Fluid Systems
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Lander Automotive
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 HUTCHINSON
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Castello Italia
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Gates Corporation
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Pirtek Fluid Systems Pty. Ltd.
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 Appendix
10.1 Related Research
Report Research Methodology
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Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
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For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
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Data Collection Matrix
| Perspective | Primary Research | Secondary Research |
|---|---|---|
| Supplier side |
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| Demand side |
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Econometrics and data visualization model
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The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
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Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
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- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
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