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Fluid Transfer System Market 2023-32 : Industry Analysis, Size, Share, Growth And Forecast | Cooper Standard Automotive Inc., Akwel, TI Fluid System, Gates Corporation, Lander Automotive Ltd.
Fluid Transfer System Market
Fluid Transfer System Market Size, Growth Rate, And Forecast
The global fluid transfer system market size is expected to grow from $18.31 billion in 2022 to $20.26 billion in 2023 at a compound annual growth rate (CAGR) of 10.6%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The fluid transfer system market size is expected to grow to $26.63 billion in 2027 at a CAGR of 7.1%.
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Fluid Transfer System Market Drivers
Growth and expansion of the automotive industry are expected to propel the growth of the fluid transfer system market going forward. The automotive sector refers to the sector that encompasses businesses involved in the creation, distribution, sale, and upkeep of automobiles. Fluid transfer system helps the automotive industry by gear lubrication, torque converter operation, and valve body operation, and limiting consumption and emission levels.
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Fluid Transfer System Market Segments
1) 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
2) By Material: Nylon, Stainless Steel, Aluminum, Steel, Rubber, Other Materials
3) By Application: Automotive, Aerospace, Manufacturing, Other Applications
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Fluid Transfer System market.
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Fluid Transfer System Market Key Players
Major players in the fluid transfer system market are Cooper Standard Automotive Inc., Akwel, TI Fluid System, Gates Corporation, Lander Automotive Ltd., Tristone Flowtech Holding SAS, AGS Company, Kongsberg Automotive, Continental AG, Kongsberg Automotive, Castello Italia SpA, Hutchinson SA, Graco Inc., Sanoh Industrial Co. Ltd., Yamada America Inc., Kros Otomotiv Sanayi ve Tic. A.S, Balcrank Corporation, Mgi Coutier, Lander Holdings Ltd., Kros Otomotiv Sanayi ve Tic. A.S and Parker Hannifin Corporation.
The Business Research Company's "Global Fluid Transfer System Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Fluid Transfer System Market Include:
1. Executive Summary
2. Fluid Transfer System Market Characteristics
3. Fluid Transfer System Market Trends And Strategies
4. Fluid Transfer System Market - Macro Economic Scenario
5. Fluid Transfer System Market Size And Growth
……
27. Fluid Transfer System Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Fluid Transfer System Market
29. Fluid Transfer System Market Future Outlook and Potential Analysis
30. Appendix
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