Press release
The Fluid Transfer System Market Detailed Analysis Of Current Industry Trends, Growth Forecast To 2026
Summary:According to the new market research report “Fluid Transfer System Market” is published by Whipsmartmi.com
Keywords:
fluid transfer system market, fluid transfer system industry, fluid transfer system material market, Hybrid electric vehicles (HEVs) market, fluid transfer systems market, off-highway vehicles market
The Fluid Transfer System Market is projected to grow at a CAGR 5.18% rate from 2021 to 2026. The factor driving the demand are the increasing adoption rate of SCRs in diesel engines, increasing vehicle production, and stringent emission norms around the globe. SCR lines is expected to be the fastest growing segment during the forecast period. Passenger cars and LCVs diesel vehicles with engine capacity of over two litres are also getting equipped with SCRs as they emit more NOx than with smaller engine capacities.
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Asia Pacific is expected to account for the largest market size during the forecast period. The upcoming emission norms in Asia Pacific are the most significant driving force for the fluid transfer system market. In the Asia Pacific region, the European and American standards are followed, except in Japan, as it has its emission norms.
Key Market Players includes Cooper Standard (US), Kongsberg (Switzerland), Contitech (Germany), Akwel (France), Hutchinson (France), Lander automotive (UK), Tristone (Germany), Castello Italia (Italy), Gates (US), and TI fluid systems (UK).
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Whipsmart MI provides fact-based consulting services to B2B and B2C market to help our clients to achieve incremental and transformational growth competing in their niche market. We facilitate their growth journey through an environment that is dominated by accelerating change, constant evolution of new business models, disruptive trends and technologies in their respective industry.
The Whipsmart Market bytes platform is created specifically for B2B and B2C players with consideration of the market knowledge and interest. With over 4,000 titles to choose from diverse industries, the coverage is comprehensive and the data is updated every quarter. Whipsmart uses comples AI based algorithms to gather economic intelligence from different agencies across the globe, combines them with primary information sources and builds projections that are accurate and dependable. With multiple download options and the flexibility to source almost any kind of intelligence on demand as per market interest.
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