Global Quick Coupling Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
Market Overview:
The latest research study on the global Quick Coupling market finds that the global Quick Coupling market reached a value of USD 2718.94 million in 2022. It’s expected that the market will achieve USD 3517.25 million by 2028, exhibiting a CAGR of 4.38% during the forecast period.
Market Opportunities
The development of global urbanization and the support of national policies have accelerated the process of construction.
The general trend of agricultural mechanization and government support to promote the use of automated equipment in agricultural processes is also expected to drive market development.
Increasing industrial automation has led to an increase in industrial production, which has driven the demand for industrial equipment.
Market Drivers
Flat face quick connectors are commonly used in Agriculture, Vehicles & Construction, Oil & Gas, Industrial, Chemical & Food Industry, and the like. The construction industry, especially developed economies such as North America and Europe, has gradually slowed during the recent economic downturn. However, the construction and real estate industries in these economies have shown signs of recovery, which will have a positive impact on the demand for Flat Face Quick Couplings.
On the other hand, a growing population and growing urbanization are major factors supporting market demand in developing economies.
Region Overview:Geographically, Europe held the largest market share – 38% in 2022.
Company Overview:Parker Hannifin, Eaton, CEJN Group, Swagelok, and STAUFF are the five key players in the global Quick Coupling market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Quick Coupling market in the past 5 years.
Segmentation Overview:By type, Hydraulic Quick Disconnect Fittings segment accounted for the largest share of market in 2022.
Application Overview:By application, the Machine Tools segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Quick Coupling market covered in Chapter 3:Yoshida Mfg
Staubli
Oetiker
Eaton
Sun Hydraulics
Camozzi Automation
IMI Precision Engineering
Gates Corporation
Bosch Rexroth Corp
SMC
CEJN Group
Swagelok
Festo
Nitto Kohki Group
Stucchi
Lüdecke GmbH
Walther Praezision
Parker Hannifin
STAUFF
In Chapter 4 and Chapter 14.2, on the basis of types, the Quick Coupling market from 2018 to 2029 is primarily split into:Hydraulic Quick Disconnect Fittings
Pneumatic Quick Disconnect Fittings
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Quick Coupling market from 2018 to 2029 covers:Machine Tools
Automotive
Semi-conductor
Medical
Agricultural
Food Processes
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)