Global ISO 8434-1 Compression Fittings Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030
According to our (Global Info Research) latest study, the global ISO 8434-1 Compression Fittings market size was valued at USD 360.1 million in 2023 and is forecast to a readjusted size of USD 451.2 million by 2030 with a CAGR of 3.3% during review period.
ISO8434-1/DIN2353 fittings are the most widely used bite-type fittings in the world, and they don’t require O-rings or other elastomers to make a leak-tight seal.
DIN 2353 tube fittings are used in a wide variety of fluid power applications, especially in factory, oil & gas, and construction equipment. Metric sizes from 4 to 42mm made of carbon steel or stainless steel are most prevalent. DIN (Deutsches Institut für Normung, translated as the German Institute for Standardization) metric and BSPP (British Standard Parallel Pipe) are the most common thread styles in Europe. DIN type tube fittings conform to the requirements of ISO 8434-1, DIN 2353, and DIN EN 3850 standards. This ensures interchangeability among leading brands of fittings.
ISO 8434-1, also known as the "Metallic tube connections for fluid power and general use - Part 1: 24° cone connectors," is an international standard that specifies the requirements for compression fittings used in fluid power systems and other applications. These fittings are commonly used to create leak-free connections in hydraulic systems.
Key Factors Influencing the ISO 8434-1 Compression Fittings Market:
Industrial Hydraulics and Fluid Power Systems:
The market for ISO 8434-1 compression fittings is heavily influenced by the demand from industrial hydraulic systems where leak-free connections are crucial for performance and safety.
Aerospace and Defense Applications:
Aerospace and defense industries require reliable and high-quality compression fittings to ensure the safety and performance of hydraulic systems in aircraft, military vehicles, and defense equipment.
Automotive and Transportation Industry:
The automotive sector uses ISO 8434-1 compression fittings for various applications, particularly in hydraulic brake systems, power steering systems, and other vehicle components.
Oil and Gas Industry:
The oil and gas industry relies on compression fittings compliant with ISO 8434-1 for hydraulic applications in drilling, extraction, and transportation processes.
Construction and Heavy Machinery:
Construction equipment and heavy machinery use hydraulic systems, driving the demand for ISO 8434-1 compression fittings to ensure the efficient operation of these machines.
Marine and Offshore Applications:
The marine and offshore industries use ISO 8434-1 compliant compression fittings for hydraulic systems on ships, offshore drilling rigs, and other maritime equipment.
Compliance with International Standards:
The requirement for compliance with international standards, such as ISO 8434-1, is a significant driver in the market, ensuring the quality and reliability of compression fittings.
Technological Advancements and Material Innovations:
Advances in material technology and manufacturing processes improve the performance and durability of compression fittings, boosting their demand in various industries.
Focus on Leak-Free Systems:
The emphasis on leak-free hydraulic systems to enhance operational efficiency and reduce environmental impact contributes to the demand for ISO 8434-1 compliant compression fittings.
Aftermarket and Replacement Demand:
The aftermarket for hydraulic components, including compression fittings, is driven by replacement needs, maintenance, and repair activities in existing hydraulic systems.
Supply Chain and Distribution Networks:
An efficient supply chain and strong distribution networks play a crucial role in ensuring the availability and accessibility of ISO 8434-1 compliant compression fittings to end-users.
The Global Info Research report includes an overview of the development of the ISO 8434-1 Compression Fittings industry chain, the market status of Industrial Application (Stainless Steel, Carbon Steel), Engineering Machinery (Stainless Steel, Carbon Steel), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of ISO 8434-1 Compression Fittings.
Regionally, the report analyzes the ISO 8434-1 Compression Fittings markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global ISO 8434-1 Compression Fittings market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the ISO 8434-1 Compression Fittings market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the ISO 8434-1 Compression Fittings industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Stainless Steel, Carbon Steel).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the ISO 8434-1 Compression Fittings market.
Regional Analysis: The report involves examining the ISO 8434-1 Compression Fittings market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the ISO 8434-1 Compression Fittings market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to ISO 8434-1 Compression Fittings:
Company Analysis: Report covers individual ISO 8434-1 Compression Fittings manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards ISO 8434-1 Compression Fittings This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Industrial Application, Engineering Machinery).
Technology Analysis: Report covers specific technologies relevant to ISO 8434-1 Compression Fittings. It assesses the current state, advancements, and potential future developments in ISO 8434-1 Compression Fittings areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the ISO 8434-1 Compression Fittings market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
ISO 8434-1 Compression Fittings market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Stainless Steel
Carbon Steel
Brass
Market segment by Application
Industrial Application
Engineering Machinery
Shipbuilding & Railway
Energy and Power
Others
Major players covered
VOSS
STAUFF (LUKAD Holding)
Rastelli Raccordi
CAST S.p.A.
Volz
Interpump Group
Blanke Armaturen
Hy-Lok
Parker Hannifin
Gates EMB
Schwer Fittings
DK-LOK
Superlok (BMT)
PH Industrie-Hydraulik
Alfagomma
EXMAR (SERTO)
CONEXA GmbH
Manuli Hydraulics
Hansun Engineering
Eaton
SHINILACE
Armaturen-Arndt
HSME Corporation
Cangzhou QC Hydraulics
Eurofit
Sekwang Hi-Tech
Leku-Ona
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe ISO 8434-1 Compression Fittings product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of ISO 8434-1 Compression Fittings, with price, sales, revenue and global market share of ISO 8434-1 Compression Fittings from 2019 to 2024.
Chapter 3, the ISO 8434-1 Compression Fittings competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the ISO 8434-1 Compression Fittings breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and ISO 8434-1 Compression Fittings market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of ISO 8434-1 Compression Fittings.
Chapter 14 and 15, to describe ISO 8434-1 Compression Fittings sales channel, distributors, customers, research findings and conclusion.