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 the latest analysis by Emergen Research. Factors driving revenue growth in the fluid transfer system market are increasing demand for premium vehicles, the implementation of more stringent fuel emission and tailpipe exhaust regulations, and stringent norms regarding CO2.
The market for Fluid Transfer System is thoroughly examined in the Global Fluid Transfer System Market Research Report and Forecast to 2028, which also includes market size and share, current and future trends, and the most recent technological developments. The research provides a complete forecast through 2028 as well as insight into the regional and global competitive landscape of the Fluid Transfer System market. The new study offers up-to-date details on the COVID-19 pandemic's effects on the market for Fluid Transfer System. It examines how the outbreak changed the political climate and judicial system in each location. Along with providing a present and future, it also examines the economic instability and supply chain disruptions brought on by the disease.
Fluid transfer systems are commonly used in the manufacturing, shipping, automotive, and aerospace industries. These systems are incorporated into machines or can also be used independently. Some common components of fluid transfer systems are hoses, pipes, valves, and accessory loading equipment. These systems are used in automobiles for air conditioning, fuel injection, and engine cooling. Growing adoption of selective catalytic reduction (SCR) in diesel engines, along with a rise in vehicle production and demand, are some other key factors driving market growth.
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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Fluid Transfer System market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.
Key Companies Profiled in the Report are:
Contitech, Cooper Standard, Lander Automotive, Akwel, Gates Corporation, Hutchinson, Tristone, TI Fluid Systems, Castello Italio, and Kongsberg Automotive
How will this Report Benefit you?
An Emergen Research report of 250 pages features 194 tables, 189 charts, and graphics. Our new study is ideal for anyone who wants to learn about the global Fluid Transfer System market commercially and deeply, as well as to analyze the market segments in depth. With the help of our recent study, you can analyze the entire regional and global market for Fluid Transfer System. To increase market share, you must obtain financial analysis of the entire market and its segments. Our research suggests there are significant opportunities in this rapidly expanding market for energy storage technology. Look at how you might take advantage of these revenue-generating opportunities. Additionally, the research will help you develop growth strategies, strengthen competitor analysis, and improve business productivity by enabling you to make better strategic decisions.
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Some Key Highlights in the Report
- In May 2021, 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 2021 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%.
- 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 2021 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.
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What Questions Should You Ask before Buying a Market Research Report?
- How is the Fluid Transfer System market evolving?
- What is driving and restraining the Fluid Transfer System market?
- How will each Fluid Transfer System submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2028?
- How will the market shares for each Fluid Transfer System submarket develop from 2021 to 2028?
- What will be the main driver for the overall market from 2021 to 2028?
- Will leading Fluid Transfer System markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
- How will the market shares of the national markets change by 2028 and which geographical region will lead the market in 2028?
- Who are the leading players and what are their prospects over the forecast period?
- What are the Fluid Transfer System projects for these leading companies?
- How will the industry evolve during the period between 2021 and 2028? What are the implications of Fluid Transfer System projects taking place now and over the next 10 years?
- Is there a greater need for product commercialisation to further scale the Fluid Transfer System market?
- Where is the Fluid Transfer System market heading and how can you ensure you are at the forefront of the market?
- What are the best investment options for new product and service lines?
- What are the key prospects for moving companies into a new growth path and C-suite?
You need to discover how this will impact the Fluid Transfer System market today, and over the next 10 years:
- Our 250-page report provides 194 tables and 189 charts/graphs exclusively to you.
- The report highlights key lucrative areas in the industry so you can target them – Now.
- It contains in-depth analysis of global, regional and national sales and growth.
- It highlights for you the key successful trends, changes and revenue projections made by your competitors.
This report tells you Today how the Fluid Transfer System market will develop in the next 10 years, and in line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.
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Market Overview:
The report bifurcates the Fluid Transfer System market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.
Segments Covered in this report are:
- 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
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Mild Hybrid Vehicles
- Aerospace
- Manufacturing
- Others
Forecasts to 2028 and other analyses reveal commercial prospects
- In addition to revenue forecasting to 2028, our new study provides you with recent results, growth rates, and market shares.
- You will find original analyses, with business outlooks and developments.
- Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising Fluid Transfer System prices and recent developments.
This report includes data analysis and invaluable insight into how COVID-19 will affect the industry and your company. Four COVID-19 recovery patterns and their impact, namely, “V”, “L”, “W” and “U” are discussed in this report.
How will the Fluid Transfer System Market, 2021 to 2028 report help you?
In summary, our 250-page report provides you with the following knowledge:
- Revenue forecasts to 2028 for Fluid Transfer System Market, 2021 to 2028 Market, with forecasts for include report segmentation and company size, each forecast at a global and regional level – discover the industry’s prospects, finding the most lucrative places for investments and revenues.
- Revenue forecasts to 2028 for four regional and 20 key national markets – See forecasts for the Fluid Transfer System Market, 2021 to 2028 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Germany, France, UK, Italy, China, India, Japan, and Australia among other prominent economies.
- Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Fluid Transfer System Market, 2021 to 2028.
Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.
Information found nowhere else
With our new report, you are less likely to fall behind in knowledge or miss out on opportunities. See how our work could benefit your research, analyses, and decisions. Emergen Research study is for everybody needing commercial analyses for the Fluid Transfer System Market, 2021 to 2028, market-leading companies. You will find data, trends and predictions.
The content of each profile differs, depending on the organization. In general, a profile gives the following information:
- Overview of the company’s Fluid Transfer System products services
- Analysis of recent financial performance–annual revenue of the companies
- Assessment of developments–activities, acquisitions, production capacity, deals, new service offerings and collaborations
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