The global quick disconnect coupling market size is growing at a CAGR of 4.3 % during the forecast period (2016-2026).
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 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 for 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.
Study Period | 2020-2032 | CAGR | 4.3% |
Historical Period | 2020-2022 | Forecast Period | 2024-2032 |
Base Year | 2023 | Base Year Market Size | USD XX Billion |
Forecast Year | 2032 | Forecast Year Market Size | USD XX Billion |
Largest Market | North America | Fastest Growing Market | Europe |
Geographically, the global quick disconnect couplings market is studied across North America, Asia-Pacific, Europe, South America, and the Middle East and Africa.
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.
Europe to witness substantial growth in the quick disconnect couplings market during the forecast period, 2019–2026. Construction and mining equipment industries are the primary consumers of quick disconnect couplings in the Europe market. Though the regional construction equipment industry has been experiencing uncertainties from the past few years, it recorded 15% growth of total sales in 2017.
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The global quick disconnect couplings market is segmented by type, sector, application, and region.
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 the 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.
Based on the sector, the global quick disconnect couplings market is bifurcated into pneumatic and hydraulic sector. Quick disconnect coupling is an integral component of any pneumatic system. Companies engaged in the manufacturing of quick disconnect coupling offer specially designed and developed coupling products for pneumatic applications. The application of quick disconnect coupling in the hydraulics system is seen across various industries. Construction, agriculture, aerospace, and automotive sectors are some of the prominent consumers of the hydraulic system that uses quick disconnect coupling. These consumers are offering lucrative opportunities for the quick disconnect coupling manufacturers in emerging economies such as China, India, Brazil, and Indonesia, among others.
Based on applications, the market is segmented into agricultural, construction, oil and gas, manufacturing industry, and others. The construction sector is the largest global consumer of quick disconnect couplings. It accounted for 23.42% share of the total revenue registered in 2018. The constructional equipment market is skyrocketing with high demand for quick disconnect couplings from the OEMs. Significant fund allocation for infrastructure development in countries like China, the U.S., India, and Thailand is expected to propel the growth of the quick disconnect coupling market.