Market Overview:
The global cupped spring washer market is estimated to be valued at US$ XX Mn in 2018 and is projected to reach US$ XX Mn by 2030, exhibiting a CAGR of X.X% during the forecast period. The market growth can be attributed to the increasing demand for automobiles and machines across the globe. Steel-based cupped spring washers are expected to dominate the market throughout the forecast period owing to their high strength and durability. Copper alloys are also anticipated to witness significant growth due to their properties such as anti-corrosion and electrical conductivity.
Product Definition:
A cupped spring washer is a type of washer that has a concave or cupped shape. This type of washer is used to provide additional tension and support to bolts, nuts, and other fasteners. The cup-shaped design helps to distribute the load evenly around the circumference of the fastener, which helps to prevent wear and tear on the surface where it is mounted.
Steel:
Steel is a metal and has different forms such as carbon steel, alloy steel, stainless steel among others. It can be used in various industries including construction equipment, automobiles & transportation industry. The global cupped spring washer market size spans the usage of various types of steels in manufacturing cupped spring washers across the globe.
Copper Alloys:
Copper alloys are a group of metals that have similar properties. They can be used for various applications such as transmission, electrical, hydraulic and mechanical. Copper-based alloy is widely used in the automotive industry due to its high strength and corrosion resistance properties. It is also being increasingly adopted in aircraft manufacturing on account of superior performance characteristics including lightweight & strong structure with low maintenance costs & operating costs over long duration of service life.
Application Insights:
Automotive components was the largest application segment in 2017 and is expected to continue its dominance over the forecast period. The product has a wide range of uses in automotive industry including engine components, transmission parts, brake systems, and others. The rising importance of lightweight materials for vehicle manufacturing is likely to augment demand for cupped spring washer during the forecast period.
The machines & machining centers segment accounted for a share of 15% in terms of revenue in 2017 owing to extensive use across various industries such as metalworking, food processing, etc. Cupped spring washers help absorb energy from machine tools spindles resulting into long life and smooth operation with less friction loss which boosts their demand across these sectors over other applications areas.
The oil industry segment accounted for a share of 8%in terms of volume on account with growing usecupped springwashers are used as packing elements that reduce friction coefficient between packing element.
Regional Analysis:
Asia Pacific dominated the global cupped spring washer market in 2017 and is expected to continue its dominance over the forecast period. The presence of key automotive manufacturers such as Toyota, Honda, Nissan and Suzuki in Japan; Hyundai Motor Company Ltd., Kia Motors Corporation, Tata Motors Ltd., Dongfeng Motor Corporation of China; Mahindra & Mahindra Limited of India; Changan Automobile Group Co. Ltd., Geely Automobile Holdings Co. Ltd.; SsangYong Motor Company are among others is anticipated to boost product demand in Asia Pacific region over the forecast period.
The growing manufacturing sector coupled with increasing foreign investments on account of low-cost labor has resulted into an increased production base for various types machinery including CNC machines used for machining parts from metal or non-ferrous metals such as aluminum alloys and steel alloys which will drive product demand during the forecast period.
Growth Factors:
- Increasing demand from automotive and aerospace industries
- Growing popularity of cupped spring washers in construction and engineering sectors
- Rising awareness about the benefits of cupped spring washers among consumers
- Technological advancements in manufacturing processes of cupped spring washers
- Growing demand for customized cupped spring washers
Scope Of The Report
Report Attributes
Report Details
Report Title
Cupped Spring Washer Market Research Report
By Type
Steel, Copper Alloys, Others
By Application
Automobile Components, Machines and Machining Centers, Oil Industry, Others
By Companies
MW Industries, Inc. (MWI), Scherdel, Mubea, Schnorr GmbH, Christian Bauer, Heiwa Hatsujyo Industry, Lesjöfors, Iwata Denko, Igus, Anderton International, SPIROL International Corporation, Tohatsu, International Industrial Springs (IIS), Changzhou Disc Spring, Bellevile Spring, Hagens Fjedre A/S
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
178
Number of Tables & Figures
125
Customization Available
Yes, the report can be customized as per your need.
Global Cupped Spring Washer Market Report Segments:
The global Cupped Spring Washer market is segmented on the basis of:
Types
Steel, Copper Alloys, 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
Automobile Components, Machines and Machining Centers, Oil Industry, 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:
- MW Industries, Inc. (MWI)
- Scherdel
- Mubea
- Schnorr GmbH
- Christian Bauer
- Heiwa Hatsujyo Industry
- Lesjöfors
- Iwata Denko
- Igus
- Anderton International
- SPIROL International Corporation
- Tohatsu
- International Industrial Springs (IIS)
- Changzhou Disc Spring
- Bellevile Spring
- Hagens Fjedre A/S
Highlights of The Cupped Spring Washer 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:
- Steel
- Copper Alloys
- Others
- By Application:
- Automobile Components
- Machines and Machining Centers
- Oil Industry
- 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 Cupped Spring Washer 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?
Cupped spring washers are a type of washer that have a concave shape on one side. They are used to prevent the buildup of pressure inside the washer drum, which can cause damage to the machine.
Some of the major companies in the cupped spring washer market are MW Industries, Inc. (MWI), Scherdel, Mubea, Schnorr GmbH, Christian Bauer, Heiwa Hatsujyo Industry, Lesj¶fors, Iwata Denko, Igus, Anderton International, SPIROL International Corporation, Tohatsu, International Industrial Springs (IIS), Changzhou Disc Spring, Bellevile Spring, Hagens Fjedre A/S.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Cupped Spring Washer 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 Cupped Spring Washer Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Cupped Spring Washer 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 Cupped Spring Washer 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 Cupped Spring Washer Market Size & Forecast, 2018-2028
4.5.1 Cupped Spring Washer Market Size and Y-o-Y Growth
4.5.2 Cupped Spring Washer Market Absolute $ Opportunity
Chapter 5 Global Cupped Spring Washer 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 Cupped Spring Washer Market Size Forecast by Type
5.2.1 Steel
5.2.2 Copper Alloys
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Cupped Spring Washer 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 Cupped Spring Washer Market Size Forecast by Applications
6.2.1 Automobile Components
6.2.2 Machines and Machining Centers
6.2.3 Oil Industry
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Cupped Spring Washer 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 Cupped Spring Washer 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 Cupped Spring Washer Analysis and Forecast
9.1 Introduction
9.2 North America Cupped Spring Washer 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 Cupped Spring Washer Market Size Forecast by Type
9.6.1 Steel
9.6.2 Copper Alloys
9.6.3 Others
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 Cupped Spring Washer Market Size Forecast by Applications
9.10.1 Automobile Components
9.10.2 Machines and Machining Centers
9.10.3 Oil Industry
9.10.4 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 Cupped Spring Washer Analysis and Forecast
10.1 Introduction
10.2 Europe Cupped Spring Washer 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 Cupped Spring Washer Market Size Forecast by Type
10.6.1 Steel
10.6.2 Copper Alloys
10.6.3 Others
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 Cupped Spring Washer Market Size Forecast by Applications
10.10.1 Automobile Components
10.10.2 Machines and Machining Centers
10.10.3 Oil Industry
10.10.4 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 Cupped Spring Washer Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Cupped Spring Washer 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 Cupped Spring Washer Market Size Forecast by Type
11.6.1 Steel
11.6.2 Copper Alloys
11.6.3 Others
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 Cupped Spring Washer Market Size Forecast by Applications
11.10.1 Automobile Components
11.10.2 Machines and Machining Centers
11.10.3 Oil Industry
11.10.4 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 Cupped Spring Washer Analysis and Forecast
12.1 Introduction
12.2 Latin America Cupped Spring Washer 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 Cupped Spring Washer Market Size Forecast by Type
12.6.1 Steel
12.6.2 Copper Alloys
12.6.3 Others
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 Cupped Spring Washer Market Size Forecast by Applications
12.10.1 Automobile Components
12.10.2 Machines and Machining Centers
12.10.3 Oil Industry
12.10.4 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) Cupped Spring Washer Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Cupped Spring Washer 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) Cupped Spring Washer Market Size Forecast by Type
13.6.1 Steel
13.6.2 Copper Alloys
13.6.3 Others
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) Cupped Spring Washer Market Size Forecast by Applications
13.10.1 Automobile Components
13.10.2 Machines and Machining Centers
13.10.3 Oil Industry
13.10.4 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 Cupped Spring Washer Market: Competitive Dashboard
14.2 Global Cupped Spring Washer Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 MW Industries, Inc. (MWI)
14.3.2 Scherdel
14.3.3 Mubea
14.3.4 Schnorr GmbH
14.3.5 Christian Bauer
14.3.6 Heiwa Hatsujyo Industry
14.3.7 Lesjöfors
14.3.8 Iwata Denko
14.3.9 Igus
14.3.10 Anderton International
14.3.11 SPIROL International Corporation
14.3.12 Tohatsu
14.3.13 International Industrial Springs (IIS)
14.3.14 Changzhou Disc Spring
14.3.15 Bellevile Spring
14.3.16 Hagens Fjedre A/S
