The new report titled ‘Global Fluid Transfer System Market’, published by Emergen Research, is systematically vetted by our team of analysts, with an eye toward the reader’s comprehension, and containing a substantial database of industry distribution. In order to accurately forecast the worldwide Fluid Transfer System market outlook during the forecast period, the study closely examines historical and contemporary industry circumstances (2021-2028). Researchers have examined the global market holistically and highlighted the elements that affect the market’s overall expansion. The study examines the strengths, weaknesses, opportunities, and threats related to the expansion of the major market segments using effective analytical methods like SWOT analysis and Porter’s Five Forces. The study includes vital information that aids the reader in developing a thorough understanding, such as the market shares of the major competitors outlook of the Fluid Transfer System market.
Additionally, the oil sector uses fluid transfer systems to transport oil from offshore drilling rigs into oil tankers and ships and to refineries for processing. These benefits, along with others, are what are primarily driving the adoption of these products. Future players in the fluid transfer system market have a lot of room to grow due to the automotive industry’s continued focus on producing more lightweight automobiles.
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The global Fluid Transfer System market is highly consolidated due to the presence of a large number of companies across this industry. These companies are known to make hefty investments in research and development projects. Also, they control a considerable portion of the overall market share, thus limiting the entry of new players into the sector. Some of the key participants in this industry include:
- Contitech,
- Cooper Standard,
- Lander Automotive,
- Akwel,
- Gates Corporation,
- Hutchinson,
- Tristone,
- TI Fluid Systems,
- Castello Italio, and
- Kongsberg Automotive.
The global Fluid Transfer System market report studies the prudent tactics undertaken by the leading market players, such as partnerships and collaborations, mergers & acquisitions, new product launches, and joint ventures.
Key regions covered in the report:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
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With the acquisition, Puck Enterprises now has the capacity to create even more cutting-edge solutions and supply a wider range of products to its customers in the liquid transfer sector. Additionally, the acquisition grants BullDog Hose Company, a subsidiary of Puck Enterprises, better control over its product portfolio.
Emergen Research has segmented the global fluid transfer system market on the basis of equipment type, type, application, material, and region:
Equipment Type Outlook (Revenue, USD Billion; 2018–2028)
- AC lines
- Air suspension lines
- SCR lines
- Brake lines
- DPF lines
- Fuel lines
- Turbo coolant lines
- Transmission oil cooling lines
Type Outlook (Revenue, USD Billion; 2018–2028)
- Hoses
- Tubing
Application Outlook (Revenue, USD Billion; 2018–2028)
- Automotive
- Battery Electric Vehicle (BEV)
- Plug-in Hybrid Electric Vehicle (PHEV)
- Mild Hybrid Vehicles
- Aerospace
- Manufacturing
- Others
Material Outlook (Revenue, USD Billion; 2018–2028)
- Aluminum
- Stainless Steel
- Rubber
- Nylon
- Steel
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