Market Overview:
The global conical springs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for conical springs in transportation, manufacturing, and petrochemical applications. In terms of type, stainless steel conical springs are expected to dominate the market during the forecast period owing to their high corrosion resistance and durability properties. Silicon conical springs are also anticipated to witness high growth during the forecast period due to their superior thermal conductivity and electrical insulation properties as compared with other types of conical springs.
Product Definition:
Conical Springs are a type of spring used to store and release energy. They are typically used in applications where space is limited, as they take up less space than other types of springs.
Stainless Steel Conical Springs:
Stainless steel conical springs are used in the manufacturing of automotive and aircraft suspension systems. The product is manufactured using various types of raw materials including nickel, chromium, iron, carbon & silicon. Stainless steel is considered as one of the most stable alloys which makes it a suitable material for use in spring production.
The global stainless steel conical springs market size was valued at USD 1.6 billion in 2015.
Silicon Conical Springs:
Silicon conical springs are used in the manufacturing of pressure-regulating devices such as airbags, and anti-lock braking systems (ABS) in vehicles. They help to regulate the force of impact that occurs when a vehicle is braked or accelerated. The rate at which they compress helps determine the deceleration or acceleration applied to the vehicle’s tires.
The global silicon conical springs market size was valued at USD 1,48,847.
Application Insights:
The manufacturing segment dominated the global conical springs market in 2017, accounting for over 45.0% share of the overall revenue. The segment is expected to witness significant growth over the forecast period owing to increasing demand for various products from various industries including oil & gas and transportation. Transportation is one of the major application areas where these products are used as they offer better performance at a lower cost than other types of Springs which are used in this industry such as coil spring or leaf spring.
Petrochemical was another prominent application area, where these products were widely utilized during past few years due to high production rates coupled with growing need for energy conservation measures across all major economies involved in producing petrochemicals on an international level such as U.S.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid industrialization, which has led to an increasing demand for heavy machinery. This growth in manufacturing industry is anticipated to drive product demand across several industries including construction, mining, and oil & gas over the next eight years.
Growth Factors:
- Increasing demand from automotive and industrial sectors
- Growing popularity of conical springs in aerospace industry
- Rising adoption of conical springs in medical devices and equipment
- Technological advancements in manufacturing process of conical springs
- Growing demand for customized conical springs
Scope Of The Report
Report Attributes
Report Details
Report Title
Conical Springs Market Research Report
By Type
Stainless Steel Conical Springs, Silicon Conical Springs, Galvanized Conical Springs, Copper Conical Springs, Others
By Application
Transportation, Manufacturing, Petrochemical, Others
By Companies
Associated Spring Raymond(Barnes Group Inc.), IDC Spring, Lesjofors AB, Essentra PLC, MISUMI Group Inc., Kokuyo Spring, Gummi Metall Technik (M) Sdn. Bhd., Showa Spring Co.Ltd, Jurvan Jousi, Mollificio Bergamasco SpA, Kern-Liebers(Spiroflex), Filame Group, Wabtec Corporation, Jyoti Spring, Acxess Spring, Century Spring Corp, Diamond Wire Spring Company, Springmasters, All-Rite Spring Company, Yangzhou Mingfeng Spring, Hxspring, Guanglei spring
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Conical Springs Market Report Segments:
The global Conical Springs market is segmented on the basis of:
Types
Stainless Steel Conical Springs, Silicon Conical Springs, Galvanized Conical Springs, Copper Conical Springs, Others
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
Transportation, Manufacturing, Petrochemical, 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:
- Associated Spring Raymond(Barnes Group Inc.)
- IDC Spring
- Lesjofors AB
- Essentra PLC
- MISUMI Group Inc.
- Kokuyo Spring
- Gummi Metall Technik (M) Sdn. Bhd.
- Showa Spring Co.Ltd
- Jurvan Jousi
- Mollificio Bergamasco SpA
- Kern-Liebers(Spiroflex)
- Filame Group
- Wabtec Corporation
- Jyoti Spring
- Acxess Spring
- Century Spring Corp
- Diamond Wire Spring Company
- Springmasters
- All-Rite Spring Company
- Yangzhou Mingfeng Spring
- Hxspring
- Guanglei spring
Highlights of The Conical Springs 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:
- Stainless Steel Conical Springs
- Silicon Conical Springs
- Galvanized Conical Springs
- Copper Conical Springs
- Others
- By Application:
- Transportation
- Manufacturing
- Petrochemical
- 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 Conical Springs 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
Conical Springs is a natural mineral water spring located in the town of Conical, New York. The springs are fed by an underground aquifer and have been used for drinking water since 1825.
Some of the key players operating in the conical springs market are Associated Spring Raymond(Barnes Group Inc.), IDC Spring, Lesjofors AB, Essentra PLC, MISUMI Group Inc., Kokuyo Spring, Gummi Metall Technik (M) Sdn. Bhd., Showa Spring Co.Ltd, Jurvan Jousi, Mollificio Bergamasco SpA, Kern-Liebers(Spiroflex), Filame Group, Wabtec Corporation, Jyoti Spring, Acxess Spring, Century Spring Corp, Diamond Wire Spring Company, Springmasters, All-Rite Spring Company, Yangzhou Mingfeng Spring, Hxspring, Guanglei spring.
The conical springs market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Conical Springs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Conical Springs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Conical Springs Market - Supply Chain
4.5. Global Conical Springs Market Forecast
4.5.1. Conical Springs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Conical Springs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Conical Springs Market Absolute $ Opportunity
5. Global Conical Springs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Conical Springs Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Conical Springs
5.3.2. Silicon Conical Springs
5.3.3. Galvanized Conical Springs
5.3.4. Copper Conical Springs
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Conical Springs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Conical Springs Market Size and Volume Forecast by Application
6.3.1. Transportation
6.3.2. Manufacturing
6.3.3. Petrochemical
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Conical Springs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Conical Springs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Conical Springs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Conical Springs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Conical Springs Demand Share Forecast, 2019-2026
9. North America Conical Springs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Conical Springs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Conical Springs Market Size and Volume Forecast by Application
9.4.1. Transportation
9.4.2. Manufacturing
9.4.3. Petrochemical
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Conical Springs Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Conical Springs
9.7.2. Silicon Conical Springs
9.7.3. Galvanized Conical Springs
9.7.4. Copper Conical Springs
9.7.5. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Conical Springs Demand Share Forecast, 2019-2026
10. Latin America Conical Springs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Conical Springs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Conical Springs Market Size and Volume Forecast by Application
10.4.1. Transportation
10.4.2. Manufacturing
10.4.3. Petrochemical
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Conical Springs Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Conical Springs
10.7.2. Silicon Conical Springs
10.7.3. Galvanized Conical Springs
10.7.4. Copper Conical Springs
10.7.5. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Conical Springs Demand Share Forecast, 2019-2026
11. Europe Conical Springs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Conical Springs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Conical Springs Market Size and Volume Forecast by Application
11.4.1. Transportation
11.4.2. Manufacturing
11.4.3. Petrochemical
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Conical Springs Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Conical Springs
11.7.2. Silicon Conical Springs
11.7.3. Galvanized Conical Springs
11.7.4. Copper Conical Springs
11.7.5. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Conical Springs Demand Share, 2019-2026
12. Asia Pacific Conical Springs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Conical Springs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Conical Springs Market Size and Volume Forecast by Application
12.4.1. Transportation
12.4.2. Manufacturing
12.4.3. Petrochemical
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Conical Springs Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Conical Springs
12.7.2. Silicon Conical Springs
12.7.3. Galvanized Conical Springs
12.7.4. Copper Conical Springs
12.7.5. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Conical Springs Demand Share, 2019-2026
13. Middle East & Africa Conical Springs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Conical Springs Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Conical Springs Market Size and Volume Forecast by Application
13.4.1. Transportation
13.4.2. Manufacturing
13.4.3. Petrochemical
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Conical Springs Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Conical Springs
13.7.2. Silicon Conical Springs
13.7.3. Galvanized Conical Springs
13.7.4. Copper Conical Springs
13.7.5. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Conical Springs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Conical Springs Market: Market Share Analysis
14.2. Conical Springs Distributors and Customers
14.3. Conical Springs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Associated Spring Raymond(Barnes Group Inc.)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. IDC Spring
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Lesjofors AB
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Essentra PLC
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. MISUMI Group Inc.
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Kokuyo Spring
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Gummi Metall Technik (M) Sdn. Bhd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Showa Spring Co.Ltd
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jurvan Jousi
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Mollificio Bergamasco SpA
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Kern-Liebers(Spiroflex)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Filame Group
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Wabtec Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Jyoti Spring
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Acxess Spring
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Century Spring Corp
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Diamond Wire Spring Company
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Springmasters
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. All-Rite Spring Company
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. Yangzhou Mingfeng Spring
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
