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The Fluid Transfer System Market is projected to grow at a CAGR 5.18% rate from 2021 to 2026. The factor driving the demand are the increasing adoption rate of SCRs in diesel engines, increasing vehicle production, and stringent emission norms around the globe. SCR lines is expected to be the fastest growing segment during the forecast period. Passenger cars and LCVs diesel vehicles with engine capacity of over two litres are also getting equipped with SCRs as they emit more NOx than with smaller engine capacities. View Complete Report @ https://whipsmartmi.com/Report/Fluid-Transfer-System-Market
The report suggests that the increasing adoption of after treatment devices in vehicles, such as diesel particulate filter lines and selective catalytic reduction lines, will be a major driver for the market. SCR technology is preferred by diesel vehicles worldwide because it aids in more NOx reduction than LNT. Developed countries' buses and trucks must comply with permissible NOx limits and be equipped with SCR technology, which is considered a significant driver for the fluid transfer system market. Additionally, ongoing technological development of the agricultural industry and the resultant increase in demand for agricultural tractors are expected to be major drivers for market growth. The market is also being boosted by the implementation of technologies to upgrade and downsize engines while increasing efficiency.
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