Press release
The Latest Research Progress on Quick Disconnect Couplings Market- Comprehensive Study By Key Players: STAUBLI, FASTER, Poolke Hydraulic & Pneumatic, etc
Quick Disconnect Couplings Market Snapshot:A quick disconnect coupling, also referred as quick release coupling, is used for a fast, make-or-break connection of fluid as well as air transfer lines in the data center, agriculture, manufacturing, and oil & gas sectors. It helps in reducing discharge and trapped air while ensuring repeated dripless connections and disconnections. Besides, quick disconnect coupling ensures a clean environment and protects system fluid from contamination caused by debris or air. Furthermore, quick disconnect coupling also helps in proper alignment by countering the potential misalignment angularly or parallelly. Moreover, quick disconnect coupling in the food & beverage industry for beverage dispensing application comes with sanitation-friendly designs made from stainless steel.
The automatic segment is expected to grow at a CAGR of 4.3%, whereas the manual segment to grow at a CAGR of 5.0% during the forecast period. The automatic quick disconnect coupling design enables the use of the hydraulic system to operate the main attachment mechanism and ensure the internal safety of the device. This type is essentially employed in industrial robotics automation under full working pressure. The manual segment, on the other hand, necessitates the operator to leave the operator’s station and reach the end of the work equipment to effect the release of an attachment.
North America holds 29.61% share of the global quick disconnect couplings market in 2018 and is expected to grow at a CAGR 5.6%. North America comprises the U.S., Canada, and Mexico. The U.S. is expected to dominate the regional market during the forecast period (2019–2026) due to the presence of flourishing construction and agriculture sectors and other manufacturing players in the market. The U.S. has one of the largest construction sectors in the world, and the country spends enormously on construction activities; thereby boosting the production of construction equipment.
The burgeoning manufacturing sector in the emerging economies, including Mexico, Brazil, India, China, and Thailand is witnessing steady growth in the robotics assembly line. This is expected to flourish the demand for quick disconnect couplings in the modern manufacturing industries. Safety concerns, surging production output rate, and rising focus on quality and consistency are the determinants encouraging the manufacturing industries to spend generously on strengthening the assembly line. According to the International Federation of Robotics, 381,000 units of robots were shipped across the globe in 2017 — an upsurge of 30% than the previous year. Besides, in 2017, industrial robot sales revenue witnessed an increase of 21% growth as compared to the previous year, accounting USD 16.2 billion. Newly developed “Soft Robot” uses pneumatic quick disconnect couplings instead of utilizing mechanical power for increasing the productivity and ensuring safety with desired accuracy. Electronic manufacturers are likely to employ robots to prevent errors and boost productivity.
Grab a Free Sample PDF copy of the Quick Disconnect Couplings Market Report 2019 @ https://straitsresearch.com/report/quick-disconnect-couplings-market/request-sample
The Major Players Covered in this Report: STAUBLI, FASTER, Poolke Hydraulic & Pneumatic, TEMA, CEJN, Pneuflex Pneumatic, Parker Snap-tite, Stucchi, Nycoil, Beswick Engineering, LinkTech Quick Couplings, Walther Prazision, ALFAGOMMA, CPC - Colder Products Company, Hui Bao Enterprise, Norgren, DIXON EUROPE, C.matic & More.
By Type: Automatic, Manual
By Sector: Pneumatic, Hydraulic
By Application: Agricultural, Construction, Oil & Gas, Manufacturing Industry, Others-
Growing Domestic Demand and Expanding Pharmaceutical Sector to Drive the Demand for Quick Disconnect Couplings in the APAC Region
Asia-Pacific region is anticipated to hold the largest market share in the global Quick Disconnect Couplings market during the forecast period 2019-2026. The growth in this region can be attributed to the presence of emerging economies like India, China, Japan, Vietnam, and Indonesia, which account for the largest share in this region. India is one of the largest producers of Quick Disconnect Couplings and a major exporter of the product to various countries across the globe. India accounts for around 80% of the world’s exports of Quick Disconnect Couplings. The favorable climatic conditions and growth of agricultural inputs and allied services like cold storage and warehousing in India are prompting higher production.
View this report with a detailed description and TOC @ https://straitsresearch.com/report/quick-disconnect-couplings-market/toc
COVID-19 Impact Analysis:
- The COVID-19 pandemic had a significant impact on the on trade segment and Industry.
- Manufacturers are comprehending strategies to revive from the current situation by means of reshaping their sales channels as well as product innovation.
- The duration of the virus outbreak remains a key factor in assessing the overall impact of the pandemic. However, the global Railway Suspension System industry is expected to stabilize after 2019.
- The liquor industry was not impacted severely due to the pandemic.
Browse Full Report @ https://straitsresearch.com/report/quick-disconnect-couplings-market/
Key Quick Disconnect Couplings Market Trends:
- The report identifies, determines, and forecasts the Global Quick Disconnect Couplings Market segments based on their type, sub-type, technology used, applications, end-users, and regions.
- Industry to Industry Holds Largest Share in the Quick Disconnect Couplings Market
- It examines the micro-markets based on their growth trends, development patterns, future prospects, and contribution to the overall market.
- Demand from Regional / geographical is Expected to Drive the Growth
- Rising Adoption of Market Segments in this Growth
- North American, Europe is Expected to Witness Higher Growth Rate over the Forecast Period
- It studies the competitive developments such as partnerships and collaborations, mergers and acquisitions (M&A), research and development (R&D) activities, product developments, and expansions in the Global Quick Disconnect Couplings Market.
Buy Full Report with Detail Analysis with COVID-19 Impact – https://straitsresearch.com/buy-now/quick-disconnect-couplings-market/global/
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