Global Automotive Fluid Transfer System Markets Report 2021-2025
Share this article Share this article ResearchAndMarkets.com's offering. The Fluid Transfer System Market is Projected to Grow to USD 24.7 Billion by 2025 from USD 17.8 Billion in 2020, at a CAGR of 6.7% during the Forecast Period. The major driving factors for the fluid transfer system industry are stringent emission norms, fuel efficiency regulations, growing demand for premium vehicles and increasing adoption of after-treatment devices in diesel engines around the globe. However, increasing sales of electric vehicles due to attractive government incentives are expected to impact ICE flu...