Fluid Transfer System Market by Type (Brake, Fuel, AC, Air Suspension, DPF, SCR, Transmission Oil, Turbo Coolant), Material (Al, Rubber, Nylon, Steel, Stainless Steel), Vehicle Type (PC, LCV, HCV, OHV, BEV, HEV, PHEV) and Region - Global Forecast to 2027
Fluid Transfer System Market
The increasing number of temperature and electronic controls in a vehicle has accentuated the need for fluid transfer systems. Additionally, the increasing demand for lightweight parts/components and from OEMs has led component/parts manufacturers to design technologically advanced products. The advent of electric vehicles, which require additional fluid transfer systems than internal combustion engine vehicles and increasing stringency of emission norms are also expected to boost the demand for fluid transfer systems.
Market Drivers:
- Steadily increasing vehicle production
- Engine downsizing
- Growing demand for lightweight vehicle parts
Market Restraints:
- Low replacement rate of fluid transfer systems
- Demand for high durability products
Top Players:
- ContiTech AG: ContiTech, a business division of Continental AG, is a supplier of brake systems, powertrain and chassis components and systems, interior displays, human-machine interfaces, infotainment solutions, vehicle electronics, tires and technical elastomers. ContiTech develops and produces rubber and plastics based functional parts, components, and systems for the automotive industry, printing, and mining and commercial vehicle industries. The company operates in the fluid transfer system market through mobile fluid system division.
- TI Fluid Systems: TI Fluid systems is among the leading manufacturers of fluid storage, carrying and delivery systems for light vehicles. The fluid carrying segment offers products such as brake and fuel lines and bundles, tank top lines, vacuum booster lines, quick connectors, air conditioning tube and hose assemblies, accumulators and receiver dryers, coaxial and tube-in-tube assemblies, thermal products and powertrain components.
- Hutchinson SA: Hutchinson is among the leaders in development and manufacture of elastomer processing for use in vibration control, fluid management and sealing technologies. The companys operations are divided into six business segments: body sealing systems, precision sealing systems, fluid management systems, materials and structures, vibration control systems and belt drive systems. The fluid transfer solution offered by the company help in management of engine cooling, air intake, and fuel injection system.
- Gates Corporation: The company operates in the following segments: power transmission and fluid power. The power transmission segment includes elastomer drive belts and related components used to efficiently transfer motion in a broad range of applications. The fluid power segment comprises of hoses, tubing, and fittings designed to convey hydraulic fluid at high-pressures in both mobile and stationary applications, and high-pressure and fluid transfer hoses used to convey various fluids.
- Cooper Standard: The company offers four different product segments: sealing systems, fuel and braking delivery systems, fluid transfer systems and vibration systems. The companys fluid transfer systems help to control, sense and deliver fluids and vapors for optimal powertrain and HVAC operation. The portfolio of fluid transfer products includes fuel and brake lines and fluid transfer hoses. It offers, heat/coolant hoses, quick connect, DPF and SCR emission lines, transmission oil cooling hoses, degas tanks, air intake and charge, turbo charger hoses, secondary air hose, and brake and clutch hoses.
- Kongsberg Automotive
- Sanoh Industrial
- MGI Coutier
- Graco
- Lander Automotive Ltd.
Top Types:
- AC Lines
- Fuel Lines
- Brake Lines
- Turbo Coolant Lines
- Transmission Oil Cooling
[186 Pages Report] The fluid transfer system market is projected to grow to USD 29.6 billion by 2027 from USD 17.5 billion in 2019, at a CAGR of 6.8% during the forecast period. The demand for fluid transfer system is driven by the increasing adoption rate of SCRs in diesel engines, increasing vehicle production, and stringent emission norms around the globe.
SCR line is expected to be the fastest-growing segment of the fluid transfer system market, by type, during the forecast period
SCR lines market is expected to register the fastest growth during the forecast period. Passenger cars and LCVs diesel vehicles with engine capacity of over two liters are also getting equipped with SCRs as they emit more NOx than with smaller engine capacities. Moreover, due to the ongoing and upcoming stringent emission norms in developing countries, lower consumption of fuel, and lesser CO2 emissions, the demand for SCRs is expected to increase significantly across all vehicle types by 2022 at a global level and subsequently propel the market for SCR lines.
Hybrid electric vehicles (HEVs) is the largest segment in the fluid transfer system market, by electric & hybrid vehicle type
HEVs are intended to achieve improved fuel economy, increased power, or additional auxiliary power for electronic devices and power tools. Because of the presence of combustion propulsion system, lines used in HEVs are AC lines, fuel lines, air suspension lines, brake lines, transmission oil cooling lines, and turbo coolant lines. HEV offers the benefits of decreased emission with the feeling of driving an ICE vehicle. It also has the usage of more fluid transfer system compared with BEVs. HEVs are generally categorized as premium vehicles and are equipped with advanced systems such as regenerative braking, advanced motor assist, and automatic start/stop system. Hence, the HEVs has the dominant market in the fluid transfer system as compared to other vehicle types.
In the material segment, aluminum is expected to be the fastest-growing segment, during the forecast period
Aluminum is expected to register the fastest growth in the fluid transfer system material market during the forecast period. Its durability, combined with lightweight characteristics makes it very popular for its use as a hose. Aluminum is best suited for high-temperature air movement applications. It possesses properties like withstanding hot temperatures, maintains shape when flexed, which set it apart from most plastic ducting. The increased ability of the metal to be recycled and reused have propelled the market for aluminum.
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. It is estimated to have a 100% adoption rate of DPF by 2021 for all vehicle types. The SCR adoption rate is expected to be 100% by 2021 for buses and trucks, and by 2025 for passenger cars and LCVs. These norms will increase the adoption of DPF, SCR, air suspension, turbocharger lines, and hence the market for fluid transfer system.
Key Market Players
The fluid transfer system market is dominated by global players and comprises several regional players as well. The key players in the fluid transfer system market are 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).
Cooper Standard is one of the established players and a globally renowned manufacturer of fluid transfer systems. The company follows the strategy of expansion and supply partnerships to gain a competitive edge in the fluid transfer system market. In April 2019, Cooper Standards announced a USD 15 million expansion project for the plant that it operates in Mexico. Among the products that the plant currently exports to 21 countries are fuel and brake lines, as well as fluid transfer hoses.
Scope of the Report
|
Report Metric |
Details |
|
Market Size Available for Years |
20172027 |
|
Base Year Considered |
2018 |
|
Forecast Period |
20192027 |
|
Forecast Units |
Value (USD million) and Volume (million units) |
|
Segments Covered |
Fluid transfer system Type, Vehicle Type, material, Off-Highway Vehicle Type, Electric & Hybrid vehicle, and Region |
|
Geographies Covered |
Asia Pacific, Europe, North America, and RoW |
|
Companies Covered |
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) |
This research report categorizes the fluid transfer system market based on Type, Vehicle Type, material, Off-Highway Vehicle Type, Electric & Hybrid vehicle, and Region.
By Type
- Air suspension lines
- Fuel lines
- AC lines
- Brake lines
- DPF lines
- SCR lines
- Transmission oil cooling lines
- Turbo coolant lines
By Material
- Nylon
- Steel
- Stainless steel
- Aluminum
- Rubber
- Other materials
By Vehicle Type
- Passenger cars
- Light commercial vehicles
- Trucks
- Buses
By Electric & Hybrid Vehicle Type
- Battery electric vehicle
- Hybrid electric vehicle
- Plug-in hybrid electric vehicle
By off-highway vehicles
- Construction equipment
- Mining equipment
- Agriculture tractors
By Region
- Asia Pacific
- Europe
- North America
- Row
Key Questions addressed by the report
- Which type of fluid transfer system is going to dominate in the future?
- Which are the industry players leading the market and the strategies adopted by them?
- When are SCR lines going to get mass adoption in the fluid transfer system market for all vehicle types?
- What could be the market size of fluid transfer systems for off-highway vehicles?
- What could be the size of the fluid transfer system market for the electric & hybrid vehicle?
To speak to our analyst for a discussion on the above findings, click Speak to Analyst
Table of Contents
1 Introduction (Page No. - 20)
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.4 Limitations
1.5 Package Size
1.6 Stakeholders
2 Research Methodology (Page No. - 24)
2.1 Research Data
2.2 Secondary Data
2.2.1 Key Secondary Sources for Vehicle Production
2.2.2 Key Secondary Sources for Market Sizing
2.2.3 Key Data From Secondary Sources
2.3 Primary Data
2.3.1 Sampling Techniques & Data Collection Methods
2.3.2 Primary Participants
2.4 Market Size Estimation
2.4.1 Bottom-Up Approach: Fluid Transfer System Market for On-Highway Vehicle
2.4.2 Bottom-Up Approach: Fluid Transfer System Market for Electric and Off-Highway Vehicle
2.4.3 Bottom-Up Approach: Fluid Transfer System Material Market
2.5 Market Breakdown and Data Triangulation
2.5.1 Market Size Estimation Methodology Data Sanity
2.6 Assumptions & Associated Risks
3 Executive Summary (Page No. - 42)
4 Premium Insights (Page No. - 45)
4.1 Attractive Opportunities in Fluid Transfer System Market
4.2 Fluid Transfer System Market in Asia Pacific, By Type and Country
4.3 Fluid Transfer System Market, By Country
4.4 Fluid Transfer System Market, By Type
4.5 Fluid Transfer System Market, By Material
4.6 Fluid Transfer System Market, By Vehicle Type
4.7 Fluid Transfer System Market, By Electric & Hybrid Vehicle
4.8 Fluid Transfer System Market, By Off-Highway Vehicle
4.9 Fluid Transfer System Market, By Region
5 Market Overview (Page No. - 51)
5.1 Introduction
5.2 Years Considered for the Study
5.3 Currency
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Increasing Vehicle Production
5.4.1.2 Engine Downsizing
5.4.2 Revenue Shift Driving Market Growth
5.4.3 Restraints
5.4.3.1 Lower Replacement Rate of Fluid Transfer System
5.4.4 Opportunities
5.4.4.1 Vehicle Electrification/ Alternate Fuel Vehicles Anticipated to Create New Revenue Pockets
5.4.4.2 Increasing Demand for Lightweight Vehicle Parts
5.4.5 Challenge
5.4.5.1 Demand for High Durability Products
5.5 Revenue Missed: Opportunities for Fluid Transfer System Manufacturers
5.6 Fluid Transfer System Market, Scenarios (20172027)
5.6.1 Fluid Transfer System Market: Most Likely Scenario
5.6.2 Fluid Transfer System Market: Optimistic Scenario
5.6.3 Fluid Transfer System Market: Pessimistic Scenario
6 Fluid Transfer System Market, By Type (Page No. - 61)
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
6.1 Introduction
6.1.1 Research Methodology
6.1.2 Assumptions
6.1.3 Industry Insights
6.2 Air Suspension Lines
6.2.1 Air Suspension is Seeing Increasing Installation in Passenger Cars
6.3 Fuel Lines
6.3.1 Fuel Lines May See Less Demand With the Advent of BEV
6.4 Brake Lines
6.4.1 Brake Line is an Integral Part of Every Vehicle
6.5 AC Lines
6.5.1 Increasing Demand for Rear Air Conditioning has Driven the Growth of AC Lines
6.6 Diesel Particulate Filter (DPF) Lines
6.6.1 DPF is Expected to Show Significant Growth Owing to Its High Usage in Europe and North America
6.7 Selective Catalytic Reduction (SCR) Lines
6.7.1 SCR is Estimated to Witness the Highest Growth With the Implementation of Stringent Emission Norms in Developing Countries
6.8 Transmission Oil Cooling Lines
6.8.1 Increasing Adoption of Automatic Transmission is Driving the Growth of Transmission Oil Cooling Lines
6.9 Turbo Coolant Lines
6.9.1 Increasing Adoption of Turbochargers in Passenger Cars is Driving the Growth of Turbo Coolant Lines
7 Fluid Transfer System Market, By Material (Page No. - 73)
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
7.1 Introduction
7.1.1 Research Methodology
7.1.2 Assumptions
7.1.3 Industry Insights
7.2 Nylon
7.2.1 Corrosion Resistance Will Increase Nylon Usage
7.3 Stainless Steel
7.3.1 Lightweighting Trend is Expected to Drive the Usage of Stainless Steel
7.4 Aluminum
7.4.1 Limited Extraction Restricts the Market Share of Aluminum
7.5 Steel
7.5.1 Increasing Adoption of Stainless Steel Can Reduce the Market Share of Steel
7.6 Rubber
7.6.1 The Benefits of Rubber Make It the Most Popular Material
7.7 Other Materials
7.7.1 Other Materials Market is Estimated to Show Significant Growth Owing to Investments in Less Costly Materials
8 Fluid Transfer System Market, By Vehicle Type (Page No. - 83)
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
8.1 Introduction
8.1.1 Research Methodology
8.1.2 Assumptions
8.1.3 Industry Insights
8.2 Passenger Car
8.2.1 Passenger Car Leads the Fluid Transfer System Market
8.3 Light Commercial Vehicle (LCV)
8.3.1 Increasing Demand for LCV in US, China, and India is Expected to Drive the Demand for Fluid Transfer System
8.4 Truck
8.4.1 Increasing Usage of SCR and DPF in Trucks is Expected to Drive Market Growth in the Truck Segment
8.5 Bus
8.5.1 Low Vehicle Production Hampers the Market Share of Bus in Fluid Transfer System Market
9 Fluid Transfer System Market, By Electric & Hybrid Vehicle (Page No. - 91)
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
9.1 Introduction
9.1.1 Research Methodology
9.1.2 Assumptions and Definitions
9.1.3 Industry Insights
9.2 Battery Electric Vehicle (BEV)
9.2.1 BEV is Estimated to Show the Fastest Growth
9.3 Hybrid Electric Vehicle (HEV)
9.3.1 HEV is Estimated to have the Largest Market Share in 2019
9.4 Plug-In Hybrid Electric Vehicle (PHEV)
9.4.1 High Cost of PHEV Restricts Its Growth
10 Fluid Transfer System Market, By Off-Highway Vehicle (Page No. - 97)
Note - The Chapter is Further Segmented at Regional Level and Considered Regions are Asia Pacific, Europe, North America and RoW
10.1 Introduction
10.1.1 Research Methodology
10.1.2 Assumptions and Definitions
10.1.3 Industry Insights
10.2 Agriculture Tractors
10.2.1 Agriculture Tractors Lead the Fluid Transfer System Market for Off-Highway Vehicles
10.3 Construction Equipment
10.3.1 Construction Equipment has the Second Largest Share in the Fluid Transfer System Market Owing to Increasing Industrialization
10.4 Mining Equipment
10.4.1 Mining Equipment has A Prominent Market Share Owing to Increasing Mining Activities
11 Fluid Transfer System Market, By Region (Page No. - 104)
Note - The Chapter is Further Segmented at Regional and Country Level By Type and Considered Types are Air Suspension Lines, Fuel Lines, AC Lines, Brake Lines, DPF Lines, SCR Lines, Transmission Oil Cooling Lines, and Turbo Coolant Lines
11.1 Introduction
11.1.1 Research Methodology
11.1.2 Assumptions
11.1.3 Industry Insights
11.2 Asia Pacific
11.2.1 China
11.2.1.1 Large Share of Vehicle Production Drives the Market in China
11.2.2 India
11.2.2.1 India is Estimated to Be the Fastest Growing Market in Asia Pacific
11.2.3 Japan
11.2.3.1 Rising Demand for Premium Vehicles Would Support the Growth of Japan Market
11.2.4 South Korea
11.2.4.1 Adoption of Strict Emission Norms Would Fuel the Growth of This Market
11.2.5 Thailand
11.2.5.1 Rising Vehicle Production and Sales have Fueled the Growth of This Market
11.2.6 Rest of Asia Pacific
11.2.6.1 Adoption of Strict Emission Norms Due to Pressure From Neighbor Countries has Fueled the Growth in This Market
11.3 Europe
11.3.1 Germany
11.3.1.1 Decline in Diesel Vehicles has Led to A Drop in Diesel Particulate Filter Lines Market
11.3.2 France
11.3.2.1 Air Suspension Lines to Register the Fastest Growth Owing to Increase in Trucks and Buses Production
11.3.3 Russia
11.3.3.1 Russia is Expected to Be the Fastest Growing Market in Europe
11.3.4 Spain
11.3.4.1 Recent Implementation of Euro 6 Norms has Fueled the Growth
11.3.5 UK
11.3.5.1 Decline in Diesel Vehicle Usage to Curb Pollution has Led to A Dip in DPF Market
11.3.6 Turkey
11.3.6.1 SCR is Estimated to Be the Largest Market in Turkey During the Forecast Period
11.3.7 Rest of Europe
11.3.7.1 SCR is Projected to Be the Fastest Growing Market
11.4 North America
11.4.1 Canada
11.4.1.1 Increasing Preference for Premium Vehicles has Fueled Market Growth
11.4.2 Mexico
11.4.2.1 Mexico is Estimated to Be the Fastest Growing Market in North America
11.4.3 US
11.4.3.1 DPF has A Almost 100% Adoption Rate for Diesel Vehicles in the US
11.5 Rest of the World (RoW)
11.5.1 Brazil
11.5.1.1 Brazil is the Largest Automotive Producer in This Region
11.5.2 Iran
11.5.2.1 Iran Launched the First Phase of Euro 5 in 2017 Which Affected the Market
11.5.3 Rest of RoW
11.5.3.1 SCR is Estimated to Be the Fastest Growing Market By 2027
12 Competitive Landscape (Page No. - 136)
12.1 Overview
12.2 Winners vs Losers
12.2.1 Winners
12.2.2 Tail-Enders/Losers
12.3 Competitive Leadership Mapping
12.3.1 Introduction
12.3.2 Visionary Leaders
12.3.3 Innovators
12.3.4 Dynamic Differentiators
12.3.5 Emerging Companies
12.4 Business Strategy Excellence
12.5 Strength of Product Portfolio
12.6 Fluid Transfer System Market: Market Share Analysis
12.7 Competitive Scenario
12.7.1 Expansions
12.7.2 Acquisitions
12.7.3 Joint Ventures
12.7.4 New Product Launches/New Product Developments
13 Company Profiles (Page No. - 146)
(Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View)*
13.1 Cooper Standard
13.2 Kongsberg Automotive
13.3 Contitech
13.4 Akwel
13.5 TI Fluid Systems
13.6 Lander Automotive
13.7 Hutchinson
13.8 Tristone
13.9 Castello Italia
13.10 Gates
*Details on Business Overview, Products Offered, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.
13.11 Additional Companies
13.11.1 North America
13.11.1.1 Pirtek Fluid Transfer Solutions
13.11.1.2 AGS
13.11.1.3 Graco
13.11.1.4 Balcrank
13.11.1.5 Reelcraft
13.11.2 Asia Pacific
13.11.2.1 Sanoh Industrial
13.11.2.2 Macnaught
13.11.2.3 Calex Auto
13.11.3 Europe
13.11.3.1 Delfingen
13.11.3.2 KROS Otomotiv
14 Appendix (Page No. - 172)
14.1 Insights of Industry Experts
14.2 Discussion Guide
14.3 Knowledge Store: Marketsandmarkets Subscription Portal
14.4 Available Customizations
14.4.1 Fluid Transfer System Market, By Battery Cooling Application
14.4.1.1 BEV
14.4.1.2 HEV
14.4.1.3 PHEV
14.4.1.4 Mild Hybrid
14.4.2 Electric & Hybrid Vehicle Fluid Transfer System Market, By Type
14.4.2.1 Air Suspension Lines
14.4.2.2 AC Lines
14.4.2.3 Battery Cooling Lines
14.4.2.4 Transmission Oil Cooling Lines
14.4.2.5 Fuel Lines
14.4.2.6 Brake Lines
14.5 Related Reports
14.6 Author Details
List of Tables (128 Tables)
Table 1 Market Definitions
Table 2 Currency Exchange Rates (W.R.T. USD)
Table 3 Overview of Emission Regulation Specifications for Passenger Cars
Table 4 Emission Norms Specifications in Key Countries for Passenger Cars
Table 5 Weight Reduction Goals for Light Duty Vehicles
Table 6 Future Weight Reduction Targets, By Component, 2025 vs 2050
Table 7 Fluid Transfer System Market (Most Likely), By Region, 20172027 (USD Million)
Table 8 Fluid Transfer System Market (Optimistic), By Region, 20172027 (USD Million)
Table 9 Fluid Transfer System Market (Pessimistic), By Region, 20172027 (USD Million)
Table 10 Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 11 Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 12 Air Suspension Lines: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 13 Air Suspension Lines: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 14 Fuel Lines: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 15 Fuel Lines: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 16 Brake Lines: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 17 Brake Lines: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 18 AC Lines: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 19 AC Lines: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 20 DPF: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 21 DPF: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 22 SCR: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 23 SCR Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 24 Transmission Oil Cooling: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 25 Transmission Oil Cooling: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 26 Turbo Coolant: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 27 Turbo Coolant: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 28 Fluid Transfer System Market, By Material, 20172027 (Tons)
Table 29 Fluid Transfer System Market, By Material, 20172027 (USD Million)
Table 30 Nylon: Fluid Transfer System Market, By Region, 20172027 (Tons)
Table 31 Nylon: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 32 Stainless Steel: Fluid Transfer System Market, By Region, 20172027 (Tons)
Table 33 Stainless Steel: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 34 Aluminum: Fluid Transfer System Market, By Region, 20172027 (Tons)
Table 35 Aluminum: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 36 Steel: Fluid Transfer System Market, By Region, 20172027 (Tons)
Table 37 Steel: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 38 Rubber: Fluid Transfer System Market, By Region, 20172027 (Tons)
Table 39 Rubber: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 40 Others: Fluid Transfer System Market, By Region, 20172027 (Tons)
Table 41 Others: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 42 Fluid Transfer System Market, By Vehicle Type, 20172027 (Million Units)
Table 43 Fluid Transfer System Market, By Vehicle Type, 20172027 (USD Million)
Table 44 Passenger Car: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 45 Passenger Car: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 46 LCV: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 47 LCV: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 48 Truck: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 49 Truck: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 50 Bus: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 51 Bus: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 52 Fluid Transfer System Market, By Electric & Hybrid Vehicle, 20172027 (Million Units)
Table 53 Fluid Transfer System Market, By Electric & Hybrid Vehicle, 20172027 (USD Million)
Table 54 BEV: Fluid Transfer System Market, By Region, 20172027 (000 Units)
Table 55 BEV: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 56 HEV: Fluid Transfer System Market, By Region, 20172027 (000 Units)
Table 57 HEV: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 58 PHEV: Fluid Transfer System Market, By Region, 20172027 (000 Units)
Table 59 PHEV: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 60 Fluid Transfer System Market, By Off-Highway Vehicle, 20172027 (Million Units)
Table 61 Fluid Transfer System Market, By Off-Highway Vehicle, 20172027 (USD Million)
Table 62 Agriculture Tractors: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 63 Agriculture Tractors: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 64 Construction Equipment: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 65 Construction Equipment: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 66 Mining Equipment: Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 67 Mining Equipment: Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 68 Fluid Transfer System Market, By Region, 20172027 (Million Units)
Table 69 Fluid Transfer System Market, By Region, 20172027 (USD Million)
Table 70 Asia Pacific: Fluid Transfer System Market, By Country, 20172027 (Million Units)
Table 71 Asia Pacific: Fluid Transfer System Market, By Country, 20172027 (USD Million)
Table 72 China: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 73 China: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 74 India: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 75 India: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 76 Japan: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 77 Japan: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 78 South Korea: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 79 South Korea: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 80 Thailand: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 81 Thailand: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 82 Rest of Asia Pacific: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 83 Rest of Asia Pacific: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 84 Europe: Fluid Transfer System Market, By Country, 20172027 (Million Units)
Table 85 Europe: Fluid Transfer System Market, By Country, 20172027 (USD Million)
Table 86 Germany: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 87 Germany: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 88 France: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 89 France: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 90 Russia: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 91 Russia: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 92 Spain: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 93 Spain: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 94 UK: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 95 UK: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 96 Turkey: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 97 Turkey: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 98 Rest of Europe: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 99 Rest of Europe: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 100 North America: Fluid Transfer System Market, By Country, 20172027 (Million Units)
Table 101 North America: Fluid Transfer System Market, By Country, 20172027 (USD Million)
Table 102 Canada: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 103 Canada: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 104 Mexico: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 105 Mexico: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 106 US: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 107 US: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 108 RoW: Fluid Transfer System Market, By Country, 20172027 (Million Units)
Table 109 RoW: Fluid Transfer System Market, By Country, 20172027 (USD Million)
Table 110 Brazil: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 111 Brazil: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 112 Iran: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 113 Iran: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 114 Rest of RoW: Fluid Transfer System Market, By Type, 20172027 (Million Units)
Table 115 Rest of RoW: Fluid Transfer System Market, By Type, 20172027 (USD Million)
Table 116 Expansions
Table 117 Acquisitions
Table 118 Joint Ventures
Table 119 New Product Launches/New Product Developments
Table 120 Financial Data: Cooper Standard
Table 121 Organic (New Product Development/Expansion): Cooper Standard
Table 122 Inorganic (Partnerships/Collaborations/Joint Ventures/Contracts/ Agreements/Mergers & Acquisitions)
Table 123 Financial Data: Kongsberg Automotive
Table 124 Organic (New Product Development/Expansion): Kongsberg Automotive
Table 125 Organic (New Product Development/Expansion): Contitech
Table 126 Financial Data: Akwel
Table 127 Financial Data: TI Fluid Systems
Table 128 Financial Data: Gates
List of Figures (41 Figures)
Figure 1 Fluid Transfer System Market Segmentation
Figure 2 Fluid Transfer System Market: Research Design
Figure 3 Research Design Model
Figure 4 Breakdown of Primary Interviews
Figure 5 Data Triangulation
Figure 6 Market Size Estimation Methodology Data Sanity
Figure 7 Fluid Transfer System: Market Outlook
Figure 8 Fluid Transfer System Market, By Region, 2019 vs 2024 vs 2027 (USD Million)
Figure 9 Increasing Vehicle Production and Stringent Emission Norms are Driving the Growth of Fluid Transfer System Market
Figure 10 AC Lines Account for the Largest Share in the Asia Pacific Market, 2019 (USD Million)
Figure 11 India, Mexico, Russia, and Brazil Markets are Expected to Grow at A Significant Rate During the Forecast Period
Figure 12 AC Lines is Expected to Lead the Fluid Transfer System Market, By Type, 2019 vs 2027 (USD Million)
Figure 13 Rubber is Expected to have the Largest Market Share, By Material Type, 2019 vs 2027 (USD Million)
Figure 14 Passenger Car is Expected to Lead the Fluid Transfer System Market, By Vehicle Type, 2019 vs 2027 (USD Million)
Figure 15 HEV is Estimated to Lead the Fluid Transfer System Market, By Electric & Hybrid Vehicle, in 2019 (USD Million)
Figure 16 Agriculture Tractors Expected to Lead the Fluid Transfer System Market, By Off-Highway Vehicle, 2019 vs 2027 (USD Million)
Figure 17 Asia Pacific is Expected to Hold the Largest Market Share of Fluid Transfer System During the Forecast Period
Figure 18 Increasing Vehicle Production
Figure 19 Fluid Transfer System Market, By Type, 2019 vs 2027 (USD Million)
Figure 20 Fluid Transfer System Market, By Material, 2019 vs 2027 (USD Million)
Figure 21 Fluid Transfer System Market, By Vehicle Type, 2019 vs 2027 (USD Million)
Figure 22 Fluid Transfer System Market, By Electric & Hybrid Vehicle, 2019 vs 2027 (USD Million)
Figure 23 Fluid Transfer System Market, By Off-Highway Vehicle, 2019 vs 2027 (USD Million)
Figure 24 Fluid Transfer System Market, By Country, 2019 (USD Million)
Figure 25 Fluid Transfer System Market, By Region, 2019 vs 2027 (USD Million)
Figure 26 Fluid Transfer System Market: Regional Market Share & Growth Rate, 2019 (Value)
Figure 27 Asia Pacific: Fluid Transfer System Market Snapshot
Figure 28 Europe: Fluid Transfer System Market Snapshot
Figure 29 North America: Fluid Transfer System Market, By Country, 2019 vs 2027 (USD Million)
Figure 30 RoW: Fluid Transfer System Market, By Country, 2019 vs 2027 (USD Million)
Figure 31 Companies Adopted Expansion as the Key Growth Strategy From 2016 to 2019
Figure 32 Fluid Transfer System Manufacturers (Global): Competitive Leadership Mapping
Figure 33 Fluid Transfer System Market Share Analysis in 2018
Figure 34 Cooper Standard: Company Snapshot
Figure 35 Kongsberg Automotive: Company Snapshot
Figure 36 Contitech: Company Snapshot
Figure 37 Akwel: Company Snapshot
Figure 38 TI Fluid Systems: Company Snapshot
Figure 39 Lander Automotive: Company Snapshot
Figure 40 Hutchinson: Company Snapshot
Figure 41 Gates: Company Snapshot
The study involves four main activities to estimate the current size of the fluid transfer system market. Exhaustive secondary research was done to collect information on the market, such as fluid transfer system type and usage of different materials in a fluid transfer system. The next step was to validate these findings, assumptions, and market analysis with industry experts across value chains through primary research. Bottom-up approaches were employed to estimate the complete market size for different segments considered under this study.
Secondary Research
The secondary sources referred for this research study include automotive industry organizations such as the Organisation Internationale des Constructeurs d'Automobiles (OICA); corporate filings (such as annual reports, investor presentations, and financial statements); and trade, business, and automotive associations. Secondary data has been collected and analyzed to arrive at the overall market size, which is further validated by multiple industry experts.
Primary Research
Extensive primary research has been conducted after acquiring an understanding of the fluid transfer system market scenario through secondary research. Several primary interviews have been conducted with market experts from both the demand- (OEMs) and supply-side (fluid transfer system manufacturers) across major regions, namely, North America, Europe, Asia Pacific, and Rest of the World. Primary data has been collected through questionnaires, emails, and telephonic interviews. In the canvassing of primaries, we have strived to cover various departments within organizations, such as sales, operations, and administration, to provide a holistic viewpoint in our report.
After interacting with industry experts, we have also conducted brief sessions with highly experienced independent consultants to reinforce the findings from our primaries. This, along with the in-house subject matter experts opinions, has led us to the findings as described in the remainder of this report.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
The bottom-up approach has been used to estimate and validate the size of the fluid transfer system market. The fluid transfer system market size, by type, in terms of volume, is derived by collecting country-level production of On highway vehicles (passenger car, LCV, truck, and bus) for each vehicle type in units. Then each country-level types of fluid transfer applications (air suspension, SCR, DPF, etc.) penetration rate is multiplied with the production numbers of on-highway vehicles based on fuel share, existing and speculated regulations, and historical trends for each vehicle type, referred from secondary sources, and validated through industry experts is mapped. This will give the volume of fluid transfer applications in a vehicle. Then multiplying each vehicle type Fluid transfer system application volume with an average number of usage of types of Fluid transfer system to get the Fluid transfer system market, by type (in 000/million units). Taking average selling price (ASP) of each Fluid transfer system for each vehicle type at country-level and validation of same from primary interviews. Further, multiplying country-level fluid transfer system market, by type, by volume, with the ASP of each system and then the summation of all countries leads to the regional level market, in terms of value.
Similar methodology has been followed for fluid transfer system market of off-highway vehicle (construction, mining equipment, and agriculture tractors) and electric vehicles (BEV, HEV, and PHEV). For deriving the market of the fluid transfer system, by materials, the total volume of fluid transfer system market is multiplied with the average weight of each type of fluid transfer system. This will give the Fluid transfer system market, in terms of weight, for each type which is multiplied further with the percentage usage of each material (nylon, steel, stainless steel, aluminum, rubber, other materials) used to make a fluid transfer system. This will give the total market of each material, in terms of weight, for each type of fluid transfer system. The market size, by weight, is multiplied with the average selling price of each type of material to get the regional level fluid transfer system market, by value. The average selling pricing of the materials is increased, considering the manufacturing cost, processing cost, labor cost, and inventory cost. This will give the total market for each material, in terms of weight.
Data Triangulation
All percentage shares, splits, and breakdowns have been determined using secondary sources and verified by primary sources. All parameters that are said to affect the markets covered in this research study have been accounted for, viewed in extensive detail, and analyzed to obtain the final quantitative and qualitative data. This data has been consolidated, enhanced with detailed inputs and analysis from MarketsandMarkets, and presented in the report. The data was triangulated by studying various factors and trends from both the demand and supply sides in the fluid transfer system market.
Report Objectives
- To define, describe, and forecast the global automotive fluid transfer system market based on type, material, vehicle type, off-highway vehicles, electric vehicle, and region
- To forecast the market size of the automotive fluid transfer system market, by volume and value, with respect to type (air suspension lines, fuel lines, ac lines, brake lines, DPF lines, SCR lines, transmission oil cooling lines, turbo coolant lines)
- To forecast the fluid transfer system market, in terms of volume and value, with respect to the material (nylon, steel, stainless steel, aluminum, rubber, other materials)
- To forecast the fluid transfer system market, in terms of volume and value, with respect to vehicle type (passenger cars, light commercial vehicles, trucks, and buses)
- To forecast the fluid transfer system market, in terms of volume and value, with respect to electric vehicles (battery electric vehicle, hybrid electric vehicle, plug-in hybrid electric vehicle)
- To forecast the fluid transfer system market, in terms of volume and value, with respect to off-highway vehicles (construction equipment, mining equipment, and agriculture tractors)
- To forecast the fluid transfer system market, in terms of volume and value, with respect to 4 key regionsAsia Pacific (China, India, Japan, South Korea, Thailand, and others), Europe (France, Germany, Russia, Spain, Turkey, the UK, and others), North America (Canada, Mexico, the US), and RoW (Iran, Brazil, and others)
- To provide detailed information about major factors influencing the growth of the market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the market with respect to individual growth trends and prospects, and determine the contribution of each segment to the total market
- To analyze the opportunities in the market for stakeholders and provide details of the competitive landscape for market leaders
- To strategically profile key players and comprehensively analyze their market shares and core competencies
- To track and analyze competitive developments such as joint ventures, mergers & acquisitions, new product developments, and R&D in the fluid transfer system market
Available Customizations
With the given market data, MarketsandMarkets offers customizations in accordance with the companys specific needs.
Fluid transfer system market, by Battery Cooling Application
- BEV
- HEV
- PHEV
- Mild hybrid
Electric & hybrid vehicle fluid transfer system market, by Type
- Air suspension lines
- Ac lines
- Battery cooling lines
- Transmission oil cooling lines
- Fuel lines
- Brake lines
Fluid transfer system material market, by Type
- Air suspension lines
- Fuel lines
- AC lines
- Brake lines
- DPF lines
- SCR lines
- Transmission oil cooling lines
- Turbo coolant lines
Note: The countries that would be covered: Asia Pacific (China, South Korea, India, Japan, Thailand, and Others), Europe (France, Spain, Turkey, Germany, Russia, the UK, Others), North America (US, Canada, and Mexico), and the Rest of World (Brazil, Iran, Others)
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Growth opportunities and latent adjacency in Fluid Transfer System Market
We want to know who the major suppliers and customers are for fluid management (coolant and oil) components such as coolant valves, regulators, reservoirs, etc.
Being in lubricant line, its important to be abreast of emission regulations and impact which also has consequences on lubricant selection.