The Fluid Transfer System for the Electric and Hybrid Vehicle market estimated at USD 19.2 Billion in the year 2022, is projected to reach a revised size of USD 29.99 Billion by 2030, growing at a CAGR of 5.8% over the analysis period 2023-2030.
Systems for loading and unloading fluids safely and effectively are available for both onshore and offshore applications. They come in a variety of sorts, including SCR lines, DPF lines, fuel lines, air suspension lines, and AC lines. They are able to provide both corrosion and abrasion resistance. The global market for fluid transfer systems is predicted to develop in the years to come. The global demand for BEVs is increasing quickly as a result of the tightening emission standards for ICE vehicles. Additionally, since BEVs produce no emissions, they do not require SCR and DPF lines. Due to the lack of an ICE, turbochargers cannot be employed, which also negates the necessity for the turbo coolant lines found in conventional automobiles.
The Major Players In The Fluid Transfer System For Electric And Hybrid Vehicle Market Include:
AKWEL,Castello Italia SpA,ContiTech AG,Cooper Standard,Gates Corporation,Hutchinson SA,Kongsberg Automotive,Lander Automotive LTD,TI Fluid Systems,Tristone Flowtech Holding SAS and other major key players.
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Market Has Segmented The Global Fluid Transfer System For Electric And Hybrid Vehicle Market On The Basis Of Type, Application, And Region:
By System
- Air Suspension Lines
- Brake Lines
- Ac Lines
- Transmission Oil Cooling Lines
- Coolant Lines
- Other
By Vehicle Type
- Plug-in Hybrid Vehicle (PHEV)
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
By Regional Outlook
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
The Fluid Transfer System For Electric And Hybrid Vehicle market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
COVID-19 Impact on the Fluid Transfer System For Electric And Hybrid Vehicle Market
COVID-19 pandemic is an incomparable global public health emergency that has influenced almost every sector, and the long-term effects are estimated to impact the industry growth over the forecast period. Furthermore, owing to nationwide lockdowns, retracted wound care services, and canceled or postponed elective surgeries. Elective surgeries were being retracted (canceled/postponed) to reserve or redirect the accessible limited capacities and resources (like hospital beds and patient care professionals) towards COVID-19 patient care.
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