Market Overview:
The global steel loop clamps market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for steel loop clamps in various end-use industries such as aerospace, automotive, railway, and industrial. In terms of type, the bare steel loop clamps segment is expected to hold a major share of the global steel loop clamps market during the forecast period. This can be attributed to their low cost as compared to coated or cushioned steel loop clamps.
Product Definition:
Steel Loop Clamps are used to connect two pieces of metal. The clamps are tightened with a screw, which creates a pressure that holds the pieces together.
Bare Steel Loop Clamps:
Bare steel loop clamp is a device used to secure one or more pieces of metal tubing or pipe in position. Bare steel loop clamp has no fasteners, and therefore there are no additional costs for nuts and bolts. The bare steel loop clamping devices can be used with round, square, flat-sided tubes as well as pipes of various sizes.
The global bare steel loop clamps market size was valued at USD 1.6 billion in 2016.
Coated Steel Loop Clamps:
Coated steel loop clamps are used in the manufacturing of steel loop clamps. Coated steel is a layer of metal that is applied over a raw or natural metal surface to protect it from corrosion. The most common type of coated steel, which we will be focusing on in this article, has zinc coating on it. This helps the product to resist rusting and also makes it more durable as compared to an uncoated one.
Application Insights:
The automotive application segment accounted for the largest revenue share of over 30% in 2017. Steel loop clamps are widely used in the automotive industry to secure engine, transmission and other parts together. The rising importance of lightweight materials has increased demand for steel loop clamps due to their light weight properties. In addition, increasing use of aluminum extrusions in place of heavy steel makes these types ideal for use as a mounting solution within an automobile¢â‚¬â„¢s frame rails.
The railway application segment is expected to expand at a CAGR of XX% from 2018 to 2030 owing to growing infrastructure spending by governments across the globe coupled with increasing passenger traffic on railways networks globally.
Regional Analysis:
Asia Pacific dominated the global steel loop clamps market in 2017 and is expected to continue its dominance over the forecast period. The region is home to several emerging economies, including China, India, Indonesia and Vietnam. These countries are witnessing strong economic growth owing to various factors such as increasing industrial output, rising foreign investments and improving exports.
China has been one of the largest producers of steel products in Asia Pacific for a long time due to large-scale investments made by domestic players as well as those from other regions such as Japan and Korea. In addition, growing demand for high strength steel from various end-use industries is likely to drive regional product demand over the next eight years.
Europe was estimated at USD X million in 2017 on account of high automotive production coupled with aerospace manufacturing activities across major countries including Germany, France Italy Spain Russia U K Poland Turkey etc.
Growth Factors:
- Increasing demand from end-use industries: The global steel loop clamps market is witnessing a significant growth due to the increasing demand from various end-use industries such as automotive, construction, and engineering.
- Rising popularity of clamping systems: Clamping systems are becoming increasingly popular owing to their ability to provide high holding power and accuracy. This is propelling the growth of the global steel loop clamps market.
- Technological advancements: The development of new technologies in the manufacturing process of steel loop clamps is aiding in the growth of this market. For instance, recent developments such as laser welding have helped reduce manufacturing time and costs while ensuring superior quality products.
- Growing awareness about benefits offered by clamping systems: There is a growing awareness among manufacturers about the benefits offered by clamping systems such as increased productivity and reduced wastage rates, which is fueling demand for these products globally. 5) Emerging markets offer immense potential for growth: Steel Loop Clamps Market offers immense potential for future growth especially in emerging markets such as China and India where there is a growing industrial base with rising disposable incomes
Scope Of The Report
Report Attributes
Report Details
Report Title
Steel Loop Clamps Market Research Report
By Type
Bare Steel Loop Clamps, Coated Steel Loop Clamps, Cushioned Steel Loop Clamps
By Application
Aerospace, Automotive, Railway, Industrial, Others
By Companies
Franklin Fastener, Seastrom, Bohrman, UMPCO, KMC, J&M Products
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
154
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Steel Loop Clamps Market Report Segments:
The global Steel Loop Clamps market is segmented on the basis of:
Types
Bare Steel Loop Clamps, Coated Steel Loop Clamps, Cushioned Steel Loop Clamps
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace, Automotive, Railway, Industrial, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Franklin Fastener
- Seastrom
- Bohrman
- UMPCO
- KMC
- J&M Products
Highlights of The Steel Loop Clamps Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Bare Steel Loop Clamps
- Coated Steel Loop Clamps
- Cushioned Steel Loop Clamps
- By Application:
- Aerospace
- Automotive
- Railway
- Industrial
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Steel Loop Clamps Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Steel loop clamps are a type of industrial clamp that is made from steel wire. They are used to hold pieces of metal together, and can be tightened by hand or with an electric motor.
Some of the key players operating in the steel loop clamps market are Franklin Fastener, Seastrom, Bohrman, UMPCO, KMC, J&M Products.
The steel loop clamps market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Steel Loop Clamps Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Steel Loop Clamps Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Steel Loop Clamps Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Steel Loop Clamps Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Steel Loop Clamps Market Size & Forecast, 2020-2028 4.5.1 Steel Loop Clamps Market Size and Y-o-Y Growth 4.5.2 Steel Loop Clamps Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Bare Steel Loop Clamps
5.2.2 Coated Steel Loop Clamps
5.2.3 Cushioned Steel Loop Clamps
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Aerospace
6.2.2 Automotive
6.2.3 Railway
6.2.4 Industrial
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Steel Loop Clamps Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Steel Loop Clamps Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Bare Steel Loop Clamps
9.6.2 Coated Steel Loop Clamps
9.6.3 Cushioned Steel Loop Clamps
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Aerospace
9.10.2 Automotive
9.10.3 Railway
9.10.4 Industrial
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Bare Steel Loop Clamps
10.6.2 Coated Steel Loop Clamps
10.6.3 Cushioned Steel Loop Clamps
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Aerospace
10.10.2 Automotive
10.10.3 Railway
10.10.4 Industrial
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Bare Steel Loop Clamps
11.6.2 Coated Steel Loop Clamps
11.6.3 Cushioned Steel Loop Clamps
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Aerospace
11.10.2 Automotive
11.10.3 Railway
11.10.4 Industrial
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Bare Steel Loop Clamps
12.6.2 Coated Steel Loop Clamps
12.6.3 Cushioned Steel Loop Clamps
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Aerospace
12.10.2 Automotive
12.10.3 Railway
12.10.4 Industrial
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Bare Steel Loop Clamps
13.6.2 Coated Steel Loop Clamps
13.6.3 Cushioned Steel Loop Clamps
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Aerospace
13.10.2 Automotive
13.10.3 Railway
13.10.4 Industrial
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Steel Loop Clamps Market: Competitive Dashboard
14.2 Global Steel Loop Clamps Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Franklin Fastener
14.3.2 Seastrom
14.3.3 Bohrman
14.3.4 UMPCO
14.3.5 KMC
14.3.6 J&M Products