Commercial Vehicles Fluid Transfer System Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Equipment Type (Air Suspension Lines, Air Brake line, Transmission Oil Cooling Lines, Engine Cooling lines), By Material Type (Nylon, Stainless Steel, Aluminium, Steel, Rubber), By Type (Hoses, Tubing) By Region, By Competition 2018-2028
Published Date: April - 2025 | Publisher: MIR | No of Pages: 320 | Industry: Automotive | Format: Report available in PDF / Excel Format
View Details Buy Now 2890 Download Sample Ask for Discount Request Customization| Forecast Period | 2024-2028 |
| Market Size (2022) | USD 10 billion |
| CAGR (2023-2028) | 5.82% |
| Fastest Growing Segment | Aluminum |
| Largest Market | Asia-Pacific |
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Global Commercial Vehicles Fluid Transfer System Market worth USD 10 Billion in 2022 is expected to cast significant growth over the forecast period with a CAGR of 5.82% during 2028.
A fluid transfer system comprises the whole set of components that are needed to carry a fluid, usually most commonly oil or fuel. When applied to different offshore and onshore uses, the fluid transfer system can offer effective and safe loading and unloading. Such systems will utilize flexible pipelines to transfer crude oil or other commodities to advanced uses, such as methods for deploying, processing, and recycling flexible pipelines and for integrating power, control, and utility equipment. Typical fluid air suspension lines, brake lines, air conditioning lines, selective catalytic reduction lines, and turbo coolant lines are some examples. They can even offer weight saving, corrosion prevention, and wear resistance
Key Market Drivers
Stringent Emissions Regulations and Environmental Concerns
One of the most influential drivers of the global commercial vehicle fluid transfer system market is the increasing stringency of emissions regulations and growing environmental concerns. Governments worldwide are enacting stricter emissions standards to combat air pollution, reduce greenhouse gas emissions, and mitigate the impact of commercial vehicles on the environment. These regulations significantly impact the fluid transfer systems in commercial vehicles, driving the demand for advanced components and solutionsTo comply with emissions standards, many commercial vehicles are equipped with emission control systems that rely on fluids such as diesel exhaust fluid (DEF) for selective catalytic reduction (SCR). Fluid transfer systems play a vital role in the storage, distribution, and injection of DEF into the exhaust stream to reduce nitrogen oxide (NOx) emissions. Meeting emissions standards often requires complex exhaust aftertreatment systems, including diesel particulate filters (DPF) and catalytic converters. Fluid transfer systems are crucial for delivering fuel, DEF, and other fluids to these components for effective emissions control. Manufacturers of fluid transfer components must ensure that their products meet environmental standards and regulations, such as those governing the use of materials and substances that may impact air and water quality. Commercial vehicle operators and fleet owners are increasingly adopting sustainable practices and alternative fuels, such as natural gas and biofuels, which may necessitate modifications to fluid transfer systems to accommodate these eco-friendly fuels. Improving fuel efficiency is not only a regulatory requirement but also a means to reduce operating costs. Advanced fluid transfer systems that enhance fuel efficiency and reduce emissions are in high demand. The drive towards environmental sustainability and regulatory compliance is a powerful market driver that compels manufacturers to develop innovative fluid transfer solutions that enable commercial vehicles to meet emissions targets while minimizing their environmental footprint.
Technological Advancements in Commercial Vehicles
Technological advancements in commercial vehicles are reshaping the fluid transfer system market. The integration of advanced technologies, including telematics, autonomous driving features, connectivity solutions, and safety systems, presents new opportunities and challengesThe development of autonomous commercial vehicles, which rely on advanced sensor systems and control mechanisms, requires precise fluid transfer components for functions like braking and steering. ADAS features, such as adaptive cruise control, lane-keeping assist, and collision avoidance systems, depend on accurate fluid transfer systems for functions like hydraulic brake assist and power steering. The demand for real-time data monitoring and communication in commercial vehicles necessitates intelligent fluid transfer systems that can interface with vehicle networks and provide data on fluid levels, temperatures, and system health. To enhance fuel efficiency and reduce operating costs, commercial vehicles are equipped with technologies like direct injection and turbocharging, which require precise fluid transfer components for fuel delivery. The integration of safety systems, such as advanced braking systems and air suspension controls, relies on reliable fluid transfer components to ensure safe vehicle operation. Adapting to these technological advancements requires fluid transfer system manufacturers to develop components that can seamlessly integrate with evolving vehicle architectures and meet the specific needs of advanced technologies. This includes ensuring the precision, reliability, and durability of fluid transfer systems in an increasingly connected and automated commercial vehicle landscape.
Growing Demand for Commercial Vehicles
The overall growth in the demand for commercial vehicles is a fundamental market driver for fluid transfer systems. This demand is influenced by several key factorsA thriving economy typically leads to increased transportation and logistics activities, which, in turn, drive demand for commercial vehicles. The rapid growth of e-commerce and the need for efficient last-mile delivery services have increased the demand for medium-duty and light-duty commercial vehicles. The ongoing trend of urbanization results in greater demand for public transport buses, waste collection vehicles, and construction equipment used in urban development projects. Infrastructure development projects, such as road construction, require a substantial fleet of heavy-duty commercial vehicles, including construction trucks and earthmoving equipment. As older commercial vehicles are retired or replaced, there is a continuous need for new vehicles, driving sales and the demand for fluid transfer systems. The growth in demand for commercial vehicles across various sectors creates a consistent need for fluid transfer systems, as these vehicles are integral to transporting goods, providing services, and contributing to economic activities.
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Fuel Efficiency and Cost Reduction
Efforts to improve fuel efficiency and reduce operating costs remain a driving force in the commercial vehicle fluid transfer system market. The commercial transportation industry is highly competitive, and operators are continually seeking ways to minimize fuel consumption and operational expensesAdvanced fuel injection systems, including common rail and direct injection, require precise fluid transfer components to deliver fuel under high pressure, improving combustion efficiency and reducing fuel consumption. Reducing vehicle weight is a primary strategy for improving fuel efficiency. Manufacturers are using lightweight materials for fluid transfer components to contribute to overall weight reduction. Enhanced aerodynamics play a role in reducing fuel consumption, and fluid transfer systems may be designed to contribute to improved vehicle airflow. Technologies like hybrid powertrains and regenerative braking systems require specialized fluid transfer components to optimize energy recovery and improve fuel efficiency. Fuel-efficient vehicles often result in lower emissions, aligning with regulatory requirements and environmental concerns. Manufacturers in the fluid transfer system market play a crucial role in helping commercial vehicle operators achieve cost savings and sustainability goals by providing components that enhance fuel efficiency and reduce operational expenses.
Infrastructure Development and Construction Industry Growth
The growth of the construction industry and infrastructure development projects worldwide is a significant market driver for fluid transfer systems in commercial vehicles. These projects require a vast array of construction equipment, including trucks, excavators, bulldozers, and concrete mixers, all of which rely on fluid transfer systems for various functionsConstruction equipment often relies on hydraulic systems for tasks like lifting, digging, and material handling. Hydraulic fluid transfer systems are integral to these operations. Fluid transfer components in heavy-duty construction vehicles must withstand extreme conditions and high pressures, requiring robust and durable solutions. Large-scale infrastructure projects, such as road construction, bridges, and buildings, drive the demand for construction equipment and, consequently, the fluid transfer systems that power these machines. The extraction of minerals and aggregates in mining and quarrying operations relies on specialized heavy machinery with complex fluid transfer systems. As construction and infrastructure development projects continue to expand globally, the demand for commercial vehicles and associated fluid transfer systems is expected to remain strong. This driver underscores the importance of reliability and durability in fluid transfer components used in demanding construction applications.
Key Market Challenges
Strict Emissions Regulations
Perhaps the biggest challenge to the global commercial vehicle fluid transfer system market is the continually tightening stringency of emissions regulations. Governments across the world are mandating stricter emissions requirements for commercial vehicles to mitigate air pollution and lower greenhouse gas emissions. These regulations impact several aspects of fluid transfer systemsTo comply with emissions regulations, numerous commercial vehicles are fitted with Selective Catalytic Reduction (SCR) systems that utilize diesel exhaust fluid (DEF) to lower nitrogen oxide (NOx) emissions. Fluid transfer systems need to be capable of handling DEF, which is corrosive to some materials. Compliance with emissions regulations often involves sophisticated exhaust aftertreatment systems, such as particulate filters and catalytic converters. These systems have the need for accurate fluid control, such as delivering diesel fuel and DEF. EGR systems, employed in NOx reduction, depend upon the recirculation of exhaust gases. Fluid transfer components have to be made available for managing the flow of exhaust gases across these systems. Fluid transfer component manufacturers have the responsibility to meet the particular requirement and standards designated by emissions standards. This involves testing for durability and compatibility with emission control systems.
Technology Advances in Alternative Powertrains
The commercial vehicle market is experiencing a radical shift towards alternative powertrains, such as electric, hydrogen fuel cell, and natural gas vehicles. Though these technologies bring environmental advantages, they present fluid transfer system challengesBEVs use large lithium-ion batteries, which need sophisticated cooling systems to keep them at optimal temperatures. Fluid transfer systems for cooling batteries are required, and they need to be efficient, durable, and reliable. FCVs employ hydrogen to produce electricity. Fluid transfer systems are crucial in the storage, transportation, and dispensing of hydrogen fuel, which poses distinctive challenges as a high-pressure and cryogenic substance. NGVs employ compressed natural gas (CNG) or liquefied natural gas (LNG) as fuel. These alternative fuels are handled by specially designed fluid transfer systems and refueling infrastructure. Commercial vehicles incorporate dual-fuel or hybrid powertrains that blend conventional fuels with alternative power sources. Fluid transfer systems for such vehicles have to be capable of handling multiple fuels and powertrains. Such developments mean fluid transfer system suppliers must design new components that are tailored to each alternative powertrain technology's specific requirements. Compatibility, safety, and efficiency are of paramount importance.
Higher Vehicle Complexity
Commercial vehicles are increasingly becoming complex with the adoption of advanced technologies like telematics, autonomous driving features, and connectivity solutions. This increases the challenges for fluid transfer systemsADAS functions like adaptive cruise control and lane-keeping assist are based on accurate fluid transfer components for brake fluid delivery as well as power steering. Solutions for connectivity need smart fluid transfer systems that are able to share real-time information regarding fluid levels, temperatures, and system health. This means connectivity with vehicle networks. Autonomous commercial vehicle development needs fluid transfer systems that are capable of operating without human oversight. Fail-safes are essential. Commercial vehicles tend to be used for a range of purposes, from goods transport to specialized service delivery. Fluid transfer systems need to be designed to meet a range of different operational needs. Solving these challenges involves the need for manufacturers of fluid transfer systems to invest in research and development, work with technology providers, and design components that are flexible enough to accommodate changing vehicle architectures and connectivity standards.
Environmental Issues and Sustainability
Environmental concerns and issues of sustainability are becoming more vital for the commercial vehicle sector. Customers and regulators are both demanding cleaner transportation options, which affect fluid transfer systemsCommercial vehicle operators are looking for alternative fuels, including biofuels and renewable natural gas (RNG), to lower their carbon footprint. These fuels can necessitate altered or specialized fluid transfer systems. Weight reduction is a primary strategy to enhance fuel efficiency. Fluid transfer components need to be designed using lightweight materials, without sacrificing durability and safety. End-of-life vehicle regulations compel manufacturers to take into account recyclability and disposal of fluid transfer components, supporting environmentally friendly practices. Governments are implementing regulations that will decrease commercial vehicle emissions, which could demand more sophisticated exhaust aftertreatment systems and fluid management. In order to combat sustainability issues, manufacturers must design fluid transfer components that support green fuel trends, adopt lightweighting solutions, and meet recycling and disposal standards.
Global Supply Chain Disruptions and Raw Material Shortages
The global commercial vehicle fluid transfer system market is vulnerable to supply chain disruptions and raw material shortages, which can affect production and costs
The commercial vehicle sector depends on complex global supply chains for parts and materials. Disruptions, including trade tensions or natural disasters, can result in delays and higher costs. Numerous producers utilize just-in-time manufacturing, under which little can be left to chance when a disruption occurs in the supply chain. Price and availability volatility in raw materials like plastics and metals will affect costs of production as well as timing. Disruptions caused by shipping and transportation challenges such as congestion in ports and delayed shipments will prevent the on-time delivery of components. The COVID-19 pandemic highlighted vulnerabilities in supply chains, with shutdowns and restrictions affecting the flow of materials and components.
Key Market Trends
Advanced Manufacturing Techniques and Materials
A significant trend in the global commercial vehicle fluid transfer system market is the use of advanced manufacturing techniques and materials. The reason for this trend is that there is a demand for parts that are durable, but lightweight and inexpensiveManufacturers are opting more and more for composite materials, like carbon fiber-reinforced polymers and high-strength plastics, for fluid transfer parts. These materials provide a high strength-to-weight ratio, corrosion resistance, and lower overall vehicle weight. The application of 3D printing in the production of fluid transfer components is becoming more popular. This technology allows for the quick prototyping and production of intricate parts, enabling customization, shorter lead times, and low-cost production. Nanomaterials are being researched for their ability to improve the performance of fluid transfer systems. Nanocoating's, for example, can enhance components' durability and friction properties. High-temperature-resistant and chemical-stable engineering plastics are now more widely utilized in fluid transfer systems to displace metal parts in certain uses. Machining and forming process technologies are progressing to make parts with closer tolerances, supporting improved system efficiency and performance. The use of new materials and manufacturing processes is necessitated by the requirement to satisfy strict regulatory demands, improve fuel efficiency, and minimize vehicle weight without compromising the durability and safety of fluid transfer systems.
Integration of Smart Technologies
The embedding of smart technologies and connectivity capabilities into commercial vehicles is transforming fluid transfer systems and how they are controlledCommercial vehicles are more likely to be IoT-sensored and connected, with real-time monitoring and management of fluid transfer systems. Remote diagnostics, predictive maintenance, and optimization of fluid flow are made possible through this connectivity. Intelligent fluid transfer systems have the ability to sense anomalies and wear in components so that they can be addressed in advance before failure. This saves downtime, increases reliability, and decreases operational expense. Advanced driver assistance systems (ADAS) and autonomous driving technologies are dependent on accurate fluid transfer systems for features such as adaptive cruise control, lane-keeping, and collision avoidance. New commercial vehicles have advanced HMIs that offer drivers and operators real-time feedback on fluid levels, temperature, and system status for improved vehicle control and safety. With more connectivity, there is an ever-growing demand for strong cybersecurity protection to safeguard fluid transfer systems from cyber attack and unauthorized access. The incorporation of intelligent technologies improves the performance, safety, and efficiency of commercial vehicle fluid transfer systems and offers useful data insights for fleet operation and maintenance.
Sustainability and Environmental Factors
Sustainability and environmental awareness are key issues in the commercial vehicle fluid transfer system marketFluid transfer system components use bio-based materials to lower the carbon footprint of manufacturers. These fluids are recyclable and impose less environmental burden. There is increased emphasis on the design of fluid transfer systems for recyclability and disassembly. This minimizes waste and facilitates the reuse of parts. The movement towards substitute fuels, like natural gas and hydrogen, requires adjustments in fluid transfer systems. These fuels need specific components and infrastructure. Environmentally compatible coolants and lubricants, such as non-toxic and biodegradable fluids, are being created to displace traditional fluids, limiting environmental damage. Compliance with tight environmental regulations and emissions standards demands fluid transfer systems that reduce leakage and emissions, further spurring innovation in the field. The focus on sustainability is driven both by regulatory need and by industry-wide commitment to lowering its carbon footprint and overall environmental impact. Fluid transfer system makers are reacting by creating environmentally friendly solutions and integrating sustainable practices into their business.
Electrification and Hybridization of Commercial Vehicles
Electrification and hybridization of commercial vehicles is a revolutionary trend in the fluid transfer system marketThe use of BEVs in commercial fleets is increasing, which requires the creation of effective cooling systems for big lithium-ion batteries. HEVs integrate internal combustion powertrains with electric powertrains, necessitating fluid transfer systems that can smoothly coordinate both power sources. FCEVs operate with hydrogen fuel cells, necessitating specially designed fluid transfer components for the storage and distribution of hydrogen. Electric powertrains produce heat, which necessitates advanced fluid transfer systems for cooling and thermal management.
Segmental Insights
Equipment Type Analysis
During the forecast period, the fluid transfer system market's air suspension line segment is anticipated to experience the fastest growth. A method of vehicle suspension known as "air suspension" substitutes pressurized air for conventional metal springs and is powered by an air pump or compressor. Air suspension lines are produced using thermoplastic materials. The materials are thermoformed to reduce losses due to the potential for air leaks in suspension lines. However, as an alternative to traditional suspension systems, air suspension systems are being used more frequently in cars.
Regional Insights
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With the introduction and acceptance of new and upcoming tight emission norms such as BS VI, China 6a & China 6b, the Asia Pacific is expected to remain the largest market during the forecasting period. The OEMs have been compelled to incorporate advanced engine technology such as TGDI, SCR, and DPF in their vehicle models. Chinese domestic OEMs, for example, now offer TDI engines to comply with emissions. Also, front and rear AC conditioning systems are gaining popularity because of the increasing sales of luxury cars. Also, the growing installation of air brakes and air suspension, especially for comfort and luxury in high-end cars, and demand for mid- and full-sized SUVs with individual rear air conditioning will attract additional focus areas for the automobile sector. Owing to the presence of stringent fuel economy regulations and standards, Asia-Pacific now leads the market for fluid transfer systems and will continue this trend of dominance throughout the forecast period. In the coming expected era, the Asia-Pacific region is likely to witness remarkable growth. This is because the region has plenty of raw materials, which are increasing and expanding. The country section of the fluid transfer system market report also takes note of some market-affecting factors and domestic market regulation updates that influence the market's current and future growth. Some of the most significant data points utilized are consumption rates, manufacturing locations and volumes, import-export breakdown, price trend data analysis, raw material cost, and downstream and upstream value chain analysis.
Recent Developments
- For the development of a line of high-performancecoolant fluid management tools for the battery electric vehicle (BEV) industry,Cooper Standard and Industrie Saleri Italo S.p.A. (Italy) signed a jointdevelopment agreement in August 2022. The new joint development will target theBEV market and provide innovative ways to cut energy usage through fluidmanagement in a smart, small product that can easily fit into current systems.
- A strategic agreement between Lander TubularProducts and In-Comm Training Services Ltd. (UK) was established in August2022. The partnership will cover all recruitment and selection, funding-relatedassistance, induction procedures, and training, with In-Comm trainers andassessors slated to be permanently situated at Lander Tubular Products'internal academy at its Woodgate Business Park factory in Birmingham.
- A deal to supply a fluid transfer system to a Tier1 North American automotive supplier was signed by Kongsberg Automotive inMarch 2022. Over the course of four years, the company's FTS business willprovide the Fluoro-Comp hoses and stainless steel braidedpolytetrafluoroethylene brake lines.
- Franklin Tubular Products was purchased by LanderTubular Products in March 2022 from the old Tricorn Group (UK). Thediversification and growth strategy of Lander Tubular Products includes thistransaction.
- Mercedes-Benz AG's IC engine types will be suppliedwith fluid transfer components from TI Fluid Systems beginning in December2021. This agreement signifies a significant commitment to supply Mercedes-BenzAG's internal combustion engines, hybrid vehicles, and fully electric vehicleswith coolant fluid transfer system products.
Key Market Players
- Contitech
- CooperStandard
- LanderAutomotive
- Akwel
- GatesCorporation
- Hutchinson
- Tristone
- TI FluidSystems
- CastelloItalio
- KongsbergAutomotive
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