4100.00 Dollar US$ Global lock washer market Pune
- Location: Pune, Pune, Maharashtra, India
Global lock washer market was valued US$ 620.80 Mn in 2017 and is expected to reach 1190.50 Mn by 2026, at a CAGR of 8.48 % during a forecast period.
Increase in demand for lock washers in end user industries like automotive, aerospace, and machinery, among others is projected to propel the growth global lock washer market. The industry key players are focusing toward producing better and cost-effective traditions to develop highly efficient lock washers. Furthermore, erosion to these washers, fluctuation in the cost of steel, and in stable foreign exchange are expected to hamper the global lock washer market growth.
The split lock washers segment is expected to dominate the growth in the global lock washer market during the forecast period. The dominance position in the market is attributed to the factors owing to its sturdy design, which supports more sustainability across numerous end-user industries. Split and tooth lock washers are the two most general lock washer types. Split washers look like a circle with uneven ends. The benefit of split lock washer’s mendacities in the spring-like shape of the washer.
The Scope of the Report for Global Lock Washer Market
Global Lock Washer Market, By Product Type
• Split
• Tooth
• Others
Global Lock Washer Market,By Application
• Automotive
• Aerospace
• Machinery & Equipment
• Construction
• Others
Global Lock Washer Market,By Geography
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players
• Schnorr
• Nord-Lock
• Shockproof
• Midwest Acorn Nut Co.
• HEICO-LOCK (HWICO Group)
• Earnest Machine
• Wrought Washer Manufacturing, Inc.
• Disc-Lock Inc.
• Titan Fasteners
• Hangzhou spring washer co., ltd
• Shinedason
• Titan Fasteners
• F.W. Webb Company
• Arlington Fastener Co
• Fastenerdata
For more information visit: https://www.maximizemarketresearch.com/market-report/global-lock-washer-market/28923/
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