Published on : Sep 13, 2019
The competitive landscape of the global pneumatic quick disconnect fittings market is fragmented with the presence of several prominent players across the globe. Some of the major players in the pneumatic quick disconnect fittings are Parker Hannifin, Festo, Oetiker, IMI Precision Engineering, OPW Engineered Systems, SMC, and Camozzi Automation.
These players are focusing to improve properties of pneumatic quick disconnect fittings by using heavy duty materials. Further numerous players are concretizing their market positon with the help of organic strategies such as mergers and acquisitions, business expansions, and collaborations.
The global pneumatic quick disconnect fittings market is projected to register a promising growth in the coming few years.
Geographically, the global pneumatic quick disconnect fitting market is segmented into four key regions. These regions are North America, Europe, Asia Pacific, and the Middle East and Africa. Among all these regions, Asia Pacific is projected to hold a majority of share owing to the rapid expansion of industrialization in the region. Based on type, the pneumatic quick disconnect fittings market is segmented into ball latching, bayone, theaded and non-latching connection. Threaded pneumatic quick disconnect fitting is anticipated to hold highest share owing to increasing demands among end users.
Flourishing Automation Industry to Offer Lucrative Growth
Pneumatic quick disconnect fittings are known for their quick disconnect and quick release coupling properties. They are widely used for providing a fast connection among devices and easy fluid transfer lines. Due to this, they are widely used in different equipment and machineries. Rapid increase in industrialization across the globe is one of the vital factors behind the growth of the global pneumatic quick disconnect fitting market.
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Pneumatic quick connect fittings are also used in automotive industry due to their higher coupling effect and quick connect properties.