A quick connect fitting, also called a quick disconnect or quick release coupling, is a coupling used to provide a fast, make-or-break connection of fluid transfer lines.
The global production of Quick Disconnect Fittings
increased from 19467.1 M units in 2014 to 22849.6 M units in 2018, at a CAGR of 4.09%. In 2018, the global Quick Disconnect Fittings market is led by Europe. China is the second-largest region-wise market. The global Quick Disconnect Fittings market is valued at USD 8399.54 million in 2018 and is expected to reach USD 10890.07 million by the end of 2025, growing at a CAGR of 3.78% between 2018 and 2025.
The following manufacturers in this report are covered:
Bosch Rexroth Corp
IMI Precision Engineering
Nitto Kohki Group
OPW Engineered Systems
GIR pointed out that in terms of revenue, Parker Hannifin, Eaton and Oetiker are the global market leader in Quick Disconnect Fittingss.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area. In the future, the market in developed countries will have some growth and the market in developing countries will have a faster growth rate.
Today’s industrial marketplace is increasingly competitive and requires the ability to reduce costs, raise production and increase accuracy for any business that is going to survive. For businesses that will truly thrive, the ability to lead development and get products to market faster is also critical.