Fluid Transfer System Market Investment Opportunities, Industry Share & Trends Analysis Report
- elizabethsanchez28
- Sep 14, 2021
- 4 min read
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.
The impact of the COVID-19 pandemic has been observed across all the sectors in all the industries. The economic landscape has been dynamically altered owing to the crisis, and a change in the demands and trends has also been observed. The report studies the impact of COVID-19 on the market and analyses the key changes in the trends and growth patterns. It also provides an estimation of the current and future impact of COVID-19 on the overall growth of the industry.
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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.
· 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)
o AC lines
o Air suspension lines
o SCR lines
o Brake lines
o DPF lines
o Fuel lines
o Turbo coolant lines
o Transmission oil cooling lines
· Type Outlook (Revenue, USD Billion; 2018–2028)
o Hoses
o Tubing
· Application Outlook (Revenue, USD Billion; 2018–2028)
o Automotive
1. Battery Electric Vehicle (BEV)
2. Plug-in Hybrid Electric Vehicle (PHEV)
3. Mild Hybrid Vehicles
o Aerospace
o Manufacturing
o Others
· Material Outlook (Revenue, USD Billion; 2018–2028)
o Aluminum
o Stainless Steel
o Rubber
o Nylon
o Steel
o 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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Key Benefits of the Global Fluid Transfer System Market Report:
· Comprehensive analysis of the changing competitive landscape
· Assists in decision making processes for the businesses along with detailed strategic planning methodologies
· The report offers an 8-year forecast estimation and assessment of the Global Fluid Transfer System Market
· Helps in understanding the key product segments and their estimated growth rate
· In-depth analysis of market drivers, restraints, trends, and opportunities
· Comprehensive regional analysis of the Global Fluid Transfer System Market
· Extensive profiling of the key stakeholders of the business sphere
· Detailed analysis of the factors influencing the growth of the Global Fluid Transfer System 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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