Fluid Transfer System Market Report 2025

The fluid transfer system market size has grown strongly in recent years. It will grow from $21.05 billion in 2024 to $22.68 billion in 2025 at a compound annual growth rate (CAGR) of 7.7%. The growth in the historic period can be attributed to industrialization, infrastructure development, oil & gas exploration, manufacturing expansion, automotive sector growth.

The fluid transfer system market size is expected to see strong growth in the next few years. It will grow to $31.11 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to energy efficiency focus, resilience and adaptability, safety and reliability standards, urbanization and construction, industrial automation. Major trends in the forecast period include customization and tailored solutions, energy efficiency, adaptability and flexibility, digital transformation, safety and compliance standards.

The growth and expansion of the automotive industry are anticipated to drive the fluid transfer system market in the future. The automotive sector includes businesses involved in the production, distribution, sale, and maintenance of vehicles. Fluid transfer systems support the automotive industry by facilitating gear lubrication, torque converter operation, valve body function, and helping to limit consumption and emissions. For example, according to the European Automobile Manufacturers' Association (ACEA), a Belgium-based lobbying and standards organization for the automobile industry, new passenger car registrations in the European Union increased by 9.6% in September 2022 compared to September 2021. Therefore, the growth and expansion of the automotive industry are propelling the fluid transfer system market.

The globalization of trade is expected to drive the growth of the fluid transfer system in the future. This globalization refers to the interconnectedness and integration of economies around the world through the exchange of goods, services, information, and capital across national borders. Fluid transfer systems support this globalization by enabling the efficient movement of liquids and gases, which is essential for industries such as energy, manufacturing, and agriculture, thus promoting seamless international supply chains. For instance, in April 2024, data published by the Bureau of Economic Analysis (BEA), a U.S.-based federal statistical agency, indicated that the U.S. faced a goods and services deficit of $70.4 billion in August 2024, down from $78.9 billion in July, while exports increased by 3.9% year-over-year and imports rose by 4.9%. This highlights the ongoing globalization of trade through strong cross-border economic interactions. Therefore, the globalization of trade is fueling the growth of the fluid transfer system.

Strategic partnerships are becoming a significant trend in the fluid transfer system market. Major companies in this sector are collaborating with others to enhance their market position. For example, in August 2022, Contitech, a Germany-based company in the machine industry and fluid transfer system market, teamed up with Industrie Saleri Italo S.p.A. (Saleri), an Italian automotive company. This collaboration aims to develop high-performance coolant fluid management devices for the battery electric vehicle (EV) market. Additionally, in December 2021, TI Fluid Systems, a U.S.-based manufacturer of automotive fluid transfer systems, entered into a partnership with Mercedes-Benz, a Germany-based luxury vehicle manufacturer. This alliance allows TI Fluid Systems to produce and supply fluid transfer components to Mercedes-Benz.

Major companies in the fluid transfer system market are introducing innovative products like compact, energy-efficient solenoid valves. These valves provide OEMs with more efficient, compact, and versatile fluid control solutions, optimizing equipment design and performance. Compact energy-efficient solenoid valves are electromechanical devices designed to manage fluid flow with minimal power consumption while maintaining a small footprint, making them suitable for applications that require precise and rapid actuation in tight spaces. For example, in January 2023, Emerson Electric Co., a US-based engineering firm, launched its ASCO Series 256/356 solenoid valves. These valves feature smaller footprints, up to 40% lower power consumption, and up to 30% higher pressure ratings. Additionally, the Series 256/356 offers a broader selection of body materials, including lead-free brass, stainless steel, and an engineered composite material that is 20% lighter than brass.

In March 2022, Lander Automotive, a UK-based manufacturer of metal and plastic tube and pipe assemblies, acquired Franklin Tubular Products for an undisclosed amount. This acquisition allowed FTP (Franklin Tubular Products) to help Lander Automotive expand its global manufacturing footprint. Franklin Tubular Products is a U.S.-based manufacturer specializing in tubing solutions within the fluid transfer system market.

Major companies operating in the fluid transfer system market are Cooper-Standard Automotive Inc., TI Fluid Systems PLC, Gates Industrial Corporation PLC, Tristone Flowtech Group SAS, AGS Automotive Solutions, Kongsberg Automotive Holdings AS, Continental Aktiengesellschaft, Hutchinson S.A., Graco Inc., Sanoh Industrial Co. Ltd., Yamada America Inc., Kros Otomotiv Sanayi ve Ticaret A.S., Balcrank Corporation, MGI Coutier, Parker-Hannifin Corporation, Pirtek Fluid Systems Pty. Ltd., Eaton Corporation, Compagnie de Saint-Gobain S.A., Smiths Group PLC, W. L. Gore & Associates Inc., Festo AG & Co. KG, Swagelok Company, Christian Bürkert GmbH & Co. KG, The Flowserve Corporation, ITT Inc.

Asia-Pacific was the largest region in the fluid transfer system market in 2024, and is expected to be the fastest-growing region in the forecast period. The regions covered in the fluid transfer system market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fluid transfer system market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

Fluid transfer systems encompass a comprehensive set of components essential for the movement of fluids, typically oils or fuels, from one point to another. These systems are pivotal in facilitating safe and efficient loading and offloading in various onshore and offshore scenarios. Utilizing flexible pipes, they transport substances like crude oil across intricate applications and integrate mechanisms for deploying, processing, and retrieving these pipes, often incorporating power, utility equipment, and control mechanisms. Notably, they offer advantages like abrasion and corrosion resistance, as well as weight reduction.

The primary categories of fluid transfer systems include air suspension lines, fuel lines, brake lines, AC lines, diesel particulate filter (DPF) lines, selective catalytic reduction (SCR) lines, transmission oil cooling lines, and turbo coolant lines. For instance, air suspension lines facilitate the transmission of compressed air stored in the air tank to the vehicle's individual airbags. These systems utilize diverse materials such as nylon, stainless steel, aluminum, steel, rubber, and others, catering to applications spanning automotive, aerospace, manufacturing, and various other sectors.

The fluid transfer system market research report is one of a series of new reports that provides fluid transfer system market statistics, including fluid transfer system industry global market size, regional shares, competitors with a fluid transfer system market share, detailed fluid transfer system market segments, market trends and opportunities, and any further data you may need to thrive in the fluid transfer system industry. This fluid transfer system market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The fluid transfer system market consists of sales of air suspension lines, selective catalytic reduction lines, brake lines, turbo coolant lines, and related products. Values in this market are ‘factory gate’ values, that is the value of the goods sold by the manufacturers or creator of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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