Global Fluid Management System Market Size, Share and Trends Analysis Report, By Type (Fluid Usage Systems, Fluid Monitor Systems, Fluid Control Systems), By Application (Passenger Vehicle, Light Commercial Vehicle, Heavy Commercial Vehicle, and Others), Forecast Period (2022-2028)

The global fluid management system market is anticipated to grow at a CAGR of 4.8% during the forecast period (2022-2028). The market is primarily driven by the increasing sales of automobiles all across the globe. Fluid management systems provide car service firms with a number of advantages, including higher inventory control, improved operational efficiency, and detailed dispense. Since components are meant to operate together to offer the highest amount of correct data feasible, complete engineered systems are the most effective way to deliver these benefits.

Fluid management systems monitor and track the dispense of these fluids, which are purchased and stored in huge quantities and dispensed as needed. Metering with a fluid management system may ensure that correct volumes are dispensed, preventing costly unneeded overfill. With a rising number of automobiles on the road today requiring costly synthetic oils instead of conventional ones, precision dispensing and inventory management are critical to keeping prices low.

One of the primary factors driving this market’s growth is the high demand for fluid management systems for usage in access control and gasoline dispensing applications. Shop managers can use the complete dispense history supplied by the successful fluid management system to visualize production and identify patterns or workflow blockages in order to optimize efficiency. Moreover, having a detailed dispense history recorded by the fluid management system at the time of dispense and stored for future reference means that if customers ask for information about work done on their vehicle, such as confirming that the correct oil was used in an oil change or the proper volume of coolant was replaced, shop managers can easily access and share that information.

Some major players in the market include Asset Works, LLC, Eastern Lubrication Systems, Inc., Graco Inc., Orange Line Oil Company, Inc., S&A Systems, Inc., and SAMSON AG, among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market.

Graco Inc. offers Graco’s Pulse® Pro Fluid Management system it’s a cutting-edge wireless fluid management system designed for car and fleet maintenance. In the age of the completely connected shop, the Pulse Pro system provides forward-thinking service operations with the knowledge, control, and analytics they need to simplify choices and drive profitability. It automatically monitors every drop, at all times. Tracks problems back to their source. It collects data, interacts with popular DMSs, and instantly distributes data to key stakeholders. Also, keep an eye on your fluid supplies and plan refills ahead of time to avoid delays and overspending.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- AssetWorks, LLC, Eastern Lubrication Systems, Inc., Graco Inc., Orange Line Oil Company, Inc., S&A Systems, Inc., SAMSON AG, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Fluid Management System Market Report by Segment

By Type

• Fluid Usage Systems
• Fluid Monitor Systems
• Fluid Control Systems
• Others

By Application

• Passenger Vehicle
• Light Commercial Vehicle
• Heavy Commercial Vehicle
• Others

Global Fluid Management System Market Report by Region

North America

• United States
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle East & Africa