Global Fluid Transfer System Market Size study & Forecast, by System, Material, On & Off-Highway, EV, and Regional Forecasts 2025-2035

The Global Fluid Transfer System Market is valued at approximately USD 21.3 billion in 2024 and is expected to grow at a healthy CAGR of over 5.60% over the forecast period 2025-2035. Fluid transfer systems are essential to the functioning of modern vehicles as they regulate the efficient movement of critical fluids like fuel, brake fluid, coolant, transmission oil, and more. As the mobility landscape continues to evolve-fueled by stricter emission regulations, the rise of electrification, and growing consumer demand for durability and fuel efficiency-the fluid transfer system market is adapting at an unprecedented pace. Manufacturers are shifting their R&D focus toward lightweight, corrosion-resistant materials such as aluminum, rubber composites, stainless steel, and advanced polymers that improve system integrity and thermal resilience while optimizing vehicle weight and fuel economy.

Driving this market transformation is the widespread electrification of transport across passenger and commercial segments. Electric vehicles (EVs) have created fresh demand for thermal management solutions-particularly for battery cooling and electric drivetrain systems-which necessitate high-performance, heat-resistant fluid lines. As governments across Europe, China, and North America announce bold decarbonization policies, OEMs and Tier-1 suppliers are being compelled to pivot toward advanced cooling and fluid delivery systems tailored for hybrid and battery electric vehicles. In addition, increased automotive production and growing demand for performance-enhancing technologies such as air suspension systems, DPFs (diesel particulate filters), and selective catalytic reduction (SCR) systems are fueling market expansion.

From a regional standpoint, North America continues to maintain dominance in 2024 due to the region's advanced automotive manufacturing ecosystem, robust aftermarket sales, and significant investments in lightweight vehicle architecture. Meanwhile, Europe is seeing significant traction driven by its rigorous environmental norms, especially in Germany, France, and the UK. The Asia Pacific region is anticipated to be the fastest-growing market throughout the forecast horizon, bolstered by rising vehicle ownership in India and Southeast Asia, along with massive EV rollout plans in China. Local governments are also incentivizing technological upgrades in automotive systems to meet next-gen emission norms, thereby pushing OEMs to innovate in thermal and fluid transfer architectures.

Major market player included in this report are:

• BASF SE
• Baker Hughes Company
• Chevron Phillips Chemical Company
• Croda International Plc.
• Trican Well Service Ltd.
• Schlumberger Limited
• Aubin Group
• M&D Industries Of Louisiana, Inc.
• Impact Fluid Solutions
• Halliburton Company
• Parker Hannifin Corporation
• Cooper Standard
• TI Fluid Systems
• Gates Corporation
• Continental AG

Global Fluid Transfer System Market Report Scope:

• Historical Data - 2023, 2024
• Base Year for Estimation - 2024
• Forecast period - 2025-2035
• Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope - Free report customization (equivalent up to 8 analysts' working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players.

The detailed segments and sub-segments of the market are explained below:

By System:

• Brake
• Fuel
• Air Conditioning (AC)
• Air Suspension
• Diesel Particulate Filter (DPF)
• Selective Catalytic Reduction (SCR)
• Transmission Oil
• Turbo Coolant
• Engine & Battery Cooling
• Air Brake

By Material:

• Aluminum
• Rubber
• Nylon
• Steel
• Stainless Steel

By On & Off-Highway

By EV

By Region:

• North America
• U.S.
• Canada
• Europe
• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.