Speak directly to the analyst to clarify any post sales queries you may have.
10% Free customizationThis report comes with 10% free customization, enabling you to add data that meets your specific business needs.
However, the industry encounters a substantial obstacle arising from the rapid shift toward electrification. The move to electric vehicles removes the requirement for intricate exhaust and fuel-related fluid handling structures, consequently lowering the total component content per vehicle. This transition poses a risk of long-term revenue decline for suppliers who are heavily dependent on applications related to internal combustion engines.
Market Drivers
The accelerating adoption of electric vehicles, which demand sophisticated thermal management systems, acts as a major catalyst for volume expansion and technical advancement in the market. While internal combustion engines depend heavily on exhaust and fuel lines, electric powertrains require complex thermal regulation circuits to preserve optimal temperatures for electric motors, power electronics, and battery packs. This evolution necessitates high-performance, lightweight thermoplastic tubing that can efficiently manage coolant fluids while aiding range extension goals. Highlighting this shift, the International Energy Agency’s 'Global EV Outlook 2024' noted that global electric car sales approached 14 million units in 2023, prompting suppliers to redirect engineering efforts toward multi-layer tubing capable of ensuring thermal stability in high-voltage environments.Simultaneously, the increasing global production and sales of passenger automobiles function as a fundamental driver for the widespread acquisition of fluid transfer assemblies. As original equipment manufacturers ramp up output to meet consumer needs, the demand for HVAC hoses, brake lines, and windshield washer systems rises in direct proportion to vehicle completion rates. This trend is illustrated by production data from key hubs; the China Association of Automobile Manufacturers reported in its 'The auto market in 2023' that passenger car production in China hit 26.12 million units in 2023. Underscoring the financial significance of this sector, Cooper Standard announced total sales of $2.8 billion for the full year in its 'Fourth Quarter and Full Year 2023 Financial Results' released in February 2024, demonstrating the critical role of fluid conveyance systems in the automotive supply chain.
Market Challenges
The swift progression toward electrification imposes a significant constraint on the Global Passenger Car Fluid Transfer System Market. Because electric vehicles function without internal combustion engines, the need for complex oil cooling circuits, exhaust treatment pipes, and extensive fuel delivery lines is fundamentally eliminated. This technological transition directly decreases the volume of fluid transfer components required per vehicle, resulting in a reduction of addressable market value for manufacturers specializing in parts specific to diesel and gasoline engines.The consequences of this structural shift are intensifying as battery-powered mobility captures a larger portion of the market. As automakers shift production capacities away from conventional drivetrains, the demand for traditional tube and hose assemblies experiences a parallel decline. Recent industry statistics underscore this rise in alternative powertrains; according to the International Energy Agency, global sales of electric cars neared 17 million units in 2024. This growing adoption rate indicates a persistent decrease in reliance on traditional fluid transfer architectures, thereby restricting growth opportunities for suppliers of standard components.
Market Trends
The rising complexity within Plug-in Hybrid Electric Vehicle (PHEV) fluid architectures signifies a structural growth area for the market, propelled by the simultaneous needs for electric thermal management and internal combustion fuel delivery. Unlike fully electric models, plug-in hybrids preserve gasoline handling systems while incorporating extensive coolant loops for motors and battery packs, effectively maximizing the fluid transfer content per vehicle chassis. Demand in this segment is accelerating; the China Association of Automobile Manufacturers reported in January 2025 that sales of plug-in hybrid vehicles in China surged by 70.9% year-on-year, underscoring the increasing industrial dependence on these intricate multi-system architectures.Additionally, the adoption of lightweight composite and thermoplastic materials is becoming indispensable as automotive engineers strive to offset the weight burdens associated with hybrid drivetrains and heavy battery packs. Suppliers are frequently replacing conventional rubber and metal tubing with advanced multi-layer polymer alternatives that provide thermal stability and superior strength-to-weight ratios. This shift in materials yields measurable benefits; for example, TI Fluid Systems stated in their 'Sustainability Report 2024' from March 2025 that their pressurized fuel tank technology for plug-in hybrids offers a 5-10% weight reduction over traditional steel systems, contributing directly to range extension and overall vehicle efficiency.
Key Players Profiled in the Passenger Car Fluid Transfer System Market
- Cooper Standard
- TI Fluid Systems
- Continental AG
- Gates Corporation
- Parker Hannifin Corporation
- Sumitomo Riko Company Limited
- Hutchinson SA
- Sanoh Industrial Co., Ltd.
- Kongsberg Automotive
- Akwel
Report Scope
In this report, the Global Passenger Car Fluid Transfer System Market has been segmented into the following categories:Passenger Car Fluid Transfer System Market, by Equipment Type:
- Air Suspension Lines
- Air Brake line
- Transmission Oil Cooling Lines
- Engine Cooling lines
Passenger Car Fluid Transfer System Market, by Material Type:
- Nylon
- Stainless Steel
- Aluminium
- Steel
- Rubber
Passenger Car Fluid Transfer System Market, by Type:
- Hoses
- Tubing
Passenger Car Fluid Transfer System Market, by Region:
- North America
- Europe
- Asia-Pacific
- South America
- Middle East & Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in the Global Passenger Car Fluid Transfer System Market.Available Customization
The analyst offers customization according to your specific needs. The following customization options are available for the report:- Detailed analysis and profiling of additional market players (up to five).
This product will be delivered within 1-3 business days.
Table of Contents
Companies Mentioned
The key players profiled in this Passenger Car Fluid Transfer System market report include:- Cooper Standard
- TI Fluid Systems
- Continental AG
- Gates Corporation
- Parker Hannifin Corporation
- Sumitomo Riko Company Limited
- Hutchinson SA
- Sanoh Industrial Co., Ltd.
- Kongsberg Automotive
- Akwel
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 180 |
| Published | January 2026 |
| Forecast Period | 2025 - 2031 |
| Estimated Market Value ( USD | $ 14.96 Billion |
| Forecasted Market Value ( USD | $ 21.37 Billion |
| Compound Annual Growth Rate | 6.1% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |


