Fluid Transfer System Market 2020 Will Grow at Healthy CAGR of 6.65% by 2027 With Global Players - Cooper Standard; Kongsberg Automotive; ContiTech AG; Mgi Coutier; TI Fluid Systems

Market Insights
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.
Fluid transfer systems have the ability to offer efficient and safe loading and offloading in different onshore and offshore applications. Such systems will use flexible pipes for moving crude oil or other media into complex applications, including means for processing, deploying and recovering flexible pipes and integrating power, control and utility equipment. Some of the common types of the fluid air suspension lines, brake lines, AC lines, selective catalytic reduction lines and turbo coolant lines. They also have the ability to offer corrosion resistance, abrasion resistance and weight reduction.

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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

Major Market Players Covered in the Fluid Transfer System Market Are:
Few of the major competitors currently 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.

Global fluid transfer system market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of fluid transfer system market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

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By Type
o Air Suspension Lines
o Fuel Lines
o Brake Lines
o AC Lines
o Diesel Particulate Filter (DPF) Lines
o Selective Catalytic Reduction (SCR) Lines
o Transmission Oil Cooling Lines
o Turbo Coolant Lines

By Material
o Nylon
o Stainless Steel
o Aluminum
o Steel
o Rubber
o Other

By Vehicle Type
o Passenger Car
o Light Commercial Vehicle
o Truck
o Bus

By Electric and Hybrid Vehicles
o Battery Electric Vehicle
o Hybrid Electric Vehicle
o Plug-In Hybrid Electric Vehicle

By Off- Highway Vehicles
o Agriculture Tractors
o Construction Equipment
o Mining Equipment

Regional Analysis
• Middle East and Africa
• North America
• South America
• Europe
• Asia-Pacific

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Strategic Points Covered in Table of Content of Global Fluid Transfer System Market:
1. Introduction
2. Market Segmentation
3. Market Overview
4. Executive Summary
5. Premium Insights
6. By Component
7. Product Type
8. Delivery
9. Industry Type
10. Geography
11. Company Landscape
12. Company Profiles
13. Related Reports

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