Global Fluid Transfer System Market to Set Remarkable Growth in Coming Years | Cooper Standard, Kongsberg Automotive, ContiTech

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Global fluid transfer system market is set to witness a substantial CAGR of 6.65% in the forecast period of 2019- 2026. The report contains data of the base year 2018 and historic year 2017. Rising demand for lightweight vehicles parts and growing demand for rear air conditioning are the factor for the market growth.

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Key Segmentation of Fluid Transfer System Market

By 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),

Material (Nylon, Stainless Steel, Aluminum, Steel, Rubber, Other),

Vehicle Type (Passenger Car, Light Commercial Vehicle, Truck, Bus),
Electric and Hybrid Vehicles (Battery Electric Vehicle, Hybrid Electric Vehicle, Plug-In Hybrid Electric Vehicle),

Off- Highway Vehicles (Agriculture Tractors, Construction Equipment, Mining Equipment),

Geography (North America, Europe, Asia-Pacific, South America, Middle East and Africa)

Some of the Actionable Report Insights for Correct Mapping of Business Strategies
A methodical SWOT analysis & investment analysis is performed which forecasts forthcoming opportunities for the market players

A strong research methodology used in this Fluid transfer system report consists of data models that include market overview and guide, vendor positioning grid, market time line analysis, company positioning grid, share analysis, standards of measurement, top to bottom analysis and vendor share analysis.

This Fluid transfer system report analyses the market status, growth rate, future trends, market drivers, opportunities, challenges, entry barriers, risks, sales channels, and distributors

Analytical study of this Fluid transfer system market report helps in mapping growth strategies to increase sales and build brand image in the market.

What are the challenges major manufacturers will face as well as new opportunities and threats faced by them

To perform this Fluid transfer system market research study, competent and advanced tools and techniques have been utilized that include SWOT analysis and Porter's Five Forces Analysis.

Key Developments in the Market:

In June 2018, Flofuel Group announced the acquisition of FTi. This acquisition will help the company to expand them in the global refuelling solutions market. This will also provide opportunities to both the companies so they can expand their geographical area and enhance their product offerings

In August 2016, Cooper Standard announced the acquisition of automotive fuel and brake business of AMI Industries and related companies. The incorporation of the fuel and brake sector of AMI Industries strongly aligns with the sustainable growth strategy of Cooper Standard and supports the role of the group
internationally to further support our customers

Key Players working in the global fluid transfer system market are Cooper Standard; Kongsberg Automotive; ContiTech AG; Mgi Coutier; TI Fluid Systems.; Lander Automotive; HUTCHINSON; Castello Italia; Gates Corporation; Pirtek Fluid Systems Pty. Ltd.; AGS Company.; Graco Inc; BALCRANK CORPORATION, INC.; Sanoh Industrial Co., Ltd.; Yamada America, Inc..; Kros Otomotiv Sanayi ve Tic. Inc.; PARKER HANNIFIN CORP; among others

Market Drivers:

Increasing vehicle production will accelerate the market growth

Strict government rules and regulations is another factor boosting the growth of this market in the forecast period

Growing adoption of SCRs in diesel engines will also contribute as a factor for the market growth

The increased ability of the metal to be recycled and reused acts as a market driver

Market Restraints:

Less replacement rate of fluid transfer system will restrain the market growth

Increasing sales of BEVs will also hamper the growth of the market

Highlights following key factors:

Business description – A detailed description of the company’s operations and business divisions

Corporate strategy – Analyst’s summarization of the company’s business strategy
SWOT Analysis – A detailed analysis of the company’s strengths, weakness, opportunities and threats (SWOT)

Company history – Progression of key events associated with the company
Major products and services – A list of major products, services and brands of the company

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