Market Overview:
The global Vehicle Fluid Management System market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for passenger vehicles, light commercial vehicles, and heavy commercial vehicles across the globe. In addition, the growing demand for electric vehicles is also contributing to the growth of this market. The Vehicle Fluid Management System market can be segmented on the basis of type into fluid usage systems, fluid monitor systems, fluid control systems, and other types. The fluid usage systems segment is expected to dominate this market during the forecast period owing to its wide applicability in different types of vehicles. The fluid monitor systems segment is projected to grow at a high CAGR during the forecast period as it helps in detecting any leakage or fault in fluids and thus helps maintain vehicle efficiency. On the basis of application, this market can be divided into passenger vehicle, light commercial vehicle (LCV), heavy commercial vehicle (HCV), electric vehicle (EV), and others segments. Passenger cars are anticipated witness highest growth rate over next few years due rising disposable income levels coupled with changing lifestyle preferences among consumers across regions such as North America and Europe .
Product Definition:
The Vehicle Fluid Management System is used to manage the fluids in a vehicle. This includes the oil, transmission fluid, brake fluid, and power steering fluid. The system monitors these fluids and makes sure they are at the correct level and are not contaminated. It also helps to keep track of when these fluids need to be replaced.
Fluid Usage Systems:
Fluid Usage Systems, it's usage.
The global fluid usage systems, it's usage and growth factor in vehicle fluid management system market size was valued at USD 1.8 billion in 2015. It is expected to witness a CAGR of XX% over the forecast period.
Fluid Monitor Systems:
Fluid monitor systems are used to measure the volume and flow rate of fluids such as engine oil, transmission fluid, brake fluid, power steering liquid and others. These systems are also used in other applications such as fuel management system (FMS) or hydraulic clutch control system. The global market for Fluid Monitor System is expected to witness significant growth over the forecast period owing to its increasing application areas coupled with technological advancements in this field.
Application Insights:
The global vehicle fluid management system market is segmented by application into passenger vehicle, light commercial vehicle, heavy commercialvehicle and other vehicles. Other vehicles include buses, trucks, construction equipment and marine vessels among others. The other vehicles segment held the largest share in 2017 as a result of increasing production of electric and hybrid cars across the globe.
Passenger Vehicle (PV) was estimated to be the largest application segment in 2017 owing to rising demand for PV systems from various automotive OEMs including BMW AG, Ford Motor Company LLC., General Motors Company LLC., Mercedes-Benz USA Inc., Porsche Automotive Group America Inc., Toyota Motor Corporation U.S.A.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing region over the forecast period. The increasing demand for commercial vehicles in developing countries, such as India and China, is anticipated to drive the regional market growth. Asia Pacific was followed by Europe and North America in terms of revenue generation in 2017 owing to stringent government regulations regarding fuel consumption. However, North America is projected to witness a higher CAGR over the forecast period due to technological advancements coupled with increased R&D activities by various companies operating within this region.
The European Union has implemented strict rules and regulations regarding VFMHSs on account of rising environmental concerns related vehicle emissions across member states. For instance, from 2016 model year onwards all new passenger cars must have an integrated VCMHS that can detect when a leak occurs using either chemical or physical sensors along with an electronic signal sent via telematics platform or smart phone app installed on driver's mobile device (GPS enabled).
Growth Factors:
- Increasing demand for vehicles: The global vehicle population is increasing at a rapid pace. This is leading to an increase in the demand for vehicle fluid management systems.
- Technological advancements: Vehicle fluid management systems are becoming more and more advanced, with new features being added all the time. This is helping to drive growth in the market.
- Growing awareness about vehicle maintenance: More and more people are becoming aware of the importance of proper vehicle maintenance, including regular fluid changes/flushes etcetera This is helping to drive growth in the market for Vehicle Fluid Management Systems .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vehicle Fluid Management System Market Research Report
By Type
Fluid Usage Systems, Fluid Monitor Systems, Fluid Control Systems, Other
By Application
Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle, Others
By Companies
GRACO, Eastern Lubrication Systems, AssetWorks, Lincoln Industrial, Hutchinson, FleetWatch, Orange Line Oil, Samson
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Vehicle Fluid Management System Market Report Segments:
The global Vehicle Fluid Management System market is segmented on the basis of:
Types
Fluid Usage Systems, Fluid Monitor Systems, Fluid Control Systems, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, Electric Vehicle, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GRACO
- Eastern Lubrication Systems
- AssetWorks
- Lincoln Industrial
- Hutchinson
- FleetWatch
- Orange Line Oil
- Samson
Highlights of The Vehicle Fluid Management System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Fluid Usage Systems
- Fluid Monitor Systems
- Fluid Control Systems
- Other
- By Application:
- Passenger Vehicle
- Light Commercial Vehicle
- Heavy Commercial Vehicle
- Electric Vehicle
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vehicle Fluid Management System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Vehicle Fluid Management System (VFM) is a system that helps drivers maintain proper fluid levels in their vehicles. VFM systems can monitor various fluid levels, warn the driver when they are approaching critical levels, and provide instructions on how to correct the problem.
Some of the major companies in the vehicle fluid management system market are GRACO, Eastern Lubrication Systems, AssetWorks, Lincoln Industrial, Hutchinson, FleetWatch, Orange Line Oil, Samson.
The vehicle fluid management system market is expected to register a CAGR of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vehicle Fluid Management System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vehicle Fluid Management System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vehicle Fluid Management System Market - Supply Chain
4.5. Global Vehicle Fluid Management System Market Forecast
4.5.1. Vehicle Fluid Management System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vehicle Fluid Management System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vehicle Fluid Management System Market Absolute $ Opportunity
5. Global Vehicle Fluid Management System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vehicle Fluid Management System Market Size and Volume Forecast by Type
5.3.1. Fluid Usage Systems
5.3.2. Fluid Monitor Systems
5.3.3. Fluid Control Systems
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vehicle Fluid Management System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vehicle Fluid Management System Market Size and Volume Forecast by Application
6.3.1. Passenger Vehicle
6.3.2. Light Commercial Vehicle
6.3.3. Heavy Commercial Vehicle
6.3.4. Electric Vehicle
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vehicle Fluid Management System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vehicle Fluid Management System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vehicle Fluid Management System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vehicle Fluid Management System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vehicle Fluid Management System Demand Share Forecast, 2019-2026
9. North America Vehicle Fluid Management System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vehicle Fluid Management System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vehicle Fluid Management System Market Size and Volume Forecast by Application
9.4.1. Passenger Vehicle
9.4.2. Light Commercial Vehicle
9.4.3. Heavy Commercial Vehicle
9.4.4. Electric Vehicle
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vehicle Fluid Management System Market Size and Volume Forecast by Type
9.7.1. Fluid Usage Systems
9.7.2. Fluid Monitor Systems
9.7.3. Fluid Control Systems
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vehicle Fluid Management System Demand Share Forecast, 2019-2026
10. Latin America Vehicle Fluid Management System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vehicle Fluid Management System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vehicle Fluid Management System Market Size and Volume Forecast by Application
10.4.1. Passenger Vehicle
10.4.2. Light Commercial Vehicle
10.4.3. Heavy Commercial Vehicle
10.4.4. Electric Vehicle
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vehicle Fluid Management System Market Size and Volume Forecast by Type
10.7.1. Fluid Usage Systems
10.7.2. Fluid Monitor Systems
10.7.3. Fluid Control Systems
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vehicle Fluid Management System Demand Share Forecast, 2019-2026
11. Europe Vehicle Fluid Management System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vehicle Fluid Management System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vehicle Fluid Management System Market Size and Volume Forecast by Application
11.4.1. Passenger Vehicle
11.4.2. Light Commercial Vehicle
11.4.3. Heavy Commercial Vehicle
11.4.4. Electric Vehicle
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vehicle Fluid Management System Market Size and Volume Forecast byType
11.7.1. Fluid Usage Systems
11.7.2. Fluid Monitor Systems
11.7.3. Fluid Control Systems
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vehicle Fluid Management System Demand Share, 2019-2026
12. Asia Pacific Vehicle Fluid Management System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vehicle Fluid Management System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vehicle Fluid Management System Market Size and Volume Forecast by Application
12.4.1. Passenger Vehicle
12.4.2. Light Commercial Vehicle
12.4.3. Heavy Commercial Vehicle
12.4.4. Electric Vehicle
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vehicle Fluid Management System Market Size and Volume Forecast by Type
12.7.1. Fluid Usage Systems
12.7.2. Fluid Monitor Systems
12.7.3. Fluid Control Systems
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vehicle Fluid Management System Demand Share, 2019-2026
13. Middle East & Africa Vehicle Fluid Management System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vehicle Fluid Management System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vehicle Fluid Management System Market Size and Volume Forecast by Application
13.4.1. Passenger Vehicle
13.4.2. Light Commercial Vehicle
13.4.3. Heavy Commercial Vehicle
13.4.4. Electric Vehicle
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vehicle Fluid Management System Market Size and Volume Forecast by Type
13.7.1. Fluid Usage Systems
13.7.2. Fluid Monitor Systems
13.7.3. Fluid Control Systems
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vehicle Fluid Management System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vehicle Fluid Management System Market: Market Share Analysis
14.2. Vehicle Fluid Management System Distributors and Customers
14.3. Vehicle Fluid Management System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GRACO
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Eastern Lubrication Systems
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. AssetWorks
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Lincoln Industrial
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hutchinson
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. FleetWatch
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Orange Line Oil
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Samson
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
