Market Overview:
The global locking washers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth is attributed to the increasing demand for locking washers in various end-use industries, such as automotive, machinery & equipment, airplane, and structural applications. Locking washers are used in various industrial applications owing to their features such as corrosion resistance and high tensile strength. These factors are expected to drive the demand for locking washers during the forecast period. The global locking washers market can be segmented on the basis of type, application, and region. On the basis of type, the global locking washer market can be segmented into curved discwasher, wavewasher splitwasher,, tooth lockwasher,, tabwasher,..
Product Definition:
Locking washers are used to prevent screws and bolts from loosening. The serrated teeth on the washer bite into the surface of the material, preventing it from turning.
By Shapes:
By shapes, we mean the design of washers. There are two major types of designs namely circular and linear. The circular type is mostly used in applications that require a tight fit such as automotive parts or machinery components while the linear type is preferred for its use in fasteners that need to be installed at regular distances apart such as shelf supports or wall mountings.
Curved Disc Washer:
Curved disc washer is a device used in the locking washers market. It has an important role to clean the curved surface of discs and cylinders. The product consists of two metal plates, which are joined by a flexible rubber hose. One side of the plate is sealed and attached to the cylindrical part while other end is open for washing purposes.
Application Insights:
The global locking washers market is segmented by application into automotive, machinery & equipment, airplane, structural applications and others. The other segment includes consumer goods such as washing machines and dishwashers. Automotive application accounted for the largest share in 2017 owing to high usage of these products in various components including engine block, transmission case cover bolts and nuts among others.
The product is widely used in automobile manufacturing due to its properties such as strength corrosion resistance durability which make it suitable for use in critical areas where oil leakage may cause damage to the vehicle¢â‚¬â„¢s exterior or interior parts including paintwork body panels dashboard carpeting etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing foreign investments in developing countries such as China, India, and Japan. In addition, rising industrial activities due to growing population are anticipated to drive product demand over the forecast period.
The Asia Pacific was followed by Europe which accounted for a share of more than 20% in 2017 owing to high demand from several major industries including automotive, machinery & equipment, aerospace & defense among others. High penetration rate of these products due their advantages such as superior strength against corrosion and wear resistance is projected favorably impact market growth during the estimated time span.
North America also held a significant share owing to high production capacity offered by prominent manufacturers along with increased government funding for R&D activities pertaining locking devices application areas such as aerospace & defense sector among others are some factors that can be attributed towards regional growth rate exceeding 2%.
Growth Factors:
- Increasing demand from end-use industries
- Growing popularity of locking washers in North America and Europe
- Rising investments by key players in R&D activities
- Technological advancements in the manufacturing process of locking washers
- Growing awareness about the benefits of using locking washers among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Locking Washers Market Research Report
By Type
By Shapes, Curved Disc Washer, Wave Washer, Split Washer, Toothed Lock Washer, Tab Washer, By Materials, Brass, Stainless Steel, Other
By Application
Automotive, Machinery & Equipment, Airplane, Structural applications, Others
By Companies
Lesjofors, BULTE, Skiffy, Canco Fastener, Steel Smith, Boneham & Turner, Temas Engineering, Harrison Silverdale
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Locking Washers Market Report Segments:
The global Locking Washers market is segmented on the basis of:
Types
By Shapes, Curved Disc Washer, Wave Washer, Split Washer, Toothed Lock Washer, Tab Washer, By Materials, Brass, Stainless Steel, Other
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
Automotive, Machinery & Equipment, Airplane, Structural applications, 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:
- Lesjofors
- BULTE
- Skiffy
- Canco Fastener
- Steel Smith
- Boneham & Turner
- Temas Engineering
- Harrison Silverdale
Highlights of The Locking Washers 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:
- By Shapes
- Curved Disc Washer
- Wave Washer
- Split Washer
- Toothed Lock Washer
- Tab Washer
- By Materials
- Brass
- Stainless Steel
- Other
- By Application:
- Automotive
- Machinery & Equipment
- Airplane
- Structural applications
- 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 Locking Washers 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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- Understanding Competition Scenario
- Product & Brand Management
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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?
Locking washers are a type of fastener that is used to secure two pieces of metal together. They are made from a metal alloy and have a threaded hole in the middle. The locking washer fits over the threaded hole on one piece of metal, and then the other piece of metal is screwed onto the locking washer. When you screw the second piece of metal onto the first, it compresses the locking washer against the first piece of metal, preventing them from coming apart.
Some of the major companies in the locking washers market are Lesjofors, BULTE, Skiffy, Canco Fastener, Steel Smith, Boneham & Turner, Temas Engineering, Harrison Silverdale.
The locking washers market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Locking Washers 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. Locking Washers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Locking Washers Market - Supply Chain
4.5. Global Locking Washers Market Forecast
4.5.1. Locking Washers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Locking Washers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Locking Washers Market Absolute $ Opportunity
5. Global Locking Washers 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. Locking Washers Market Size and Volume Forecast by Type
5.3.1. By Shapes
5.3.2. Curved Disc Washer
5.3.3. Wave Washer
5.3.4. Split Washer
5.3.5. Toothed Lock Washer
5.3.6. Tab Washer
5.3.7. By Materials
5.3.8. Brass
5.3.9. Stainless Steel
5.3.10. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Locking Washers 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. Locking Washers Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Machinery & Equipment
6.3.3. Airplane
6.3.4. Structural applications
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Locking Washers 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. Locking Washers 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 Locking Washers 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. Locking Washers 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 Locking Washers Demand Share Forecast, 2019-2029
9. North America Locking Washers 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 Locking Washers 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 Locking Washers Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Machinery & Equipment
9.4.3. Airplane
9.4.4. Structural applications
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Locking Washers Market Size and Volume Forecast by Type
9.7.1. By Shapes
9.7.2. Curved Disc Washer
9.7.3. Wave Washer
9.7.4. Split Washer
9.7.5. Toothed Lock Washer
9.7.6. Tab Washer
9.7.7. By Materials
9.7.8. Brass
9.7.9. Stainless Steel
9.7.10. Other
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 Locking Washers Demand Share Forecast, 2019-2029
10. Latin America Locking Washers 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 Locking Washers 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 Locking Washers Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Machinery & Equipment
10.4.3. Airplane
10.4.4. Structural applications
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Locking Washers Market Size and Volume Forecast by Type
10.7.1. By Shapes
10.7.2. Curved Disc Washer
10.7.3. Wave Washer
10.7.4. Split Washer
10.7.5. Toothed Lock Washer
10.7.6. Tab Washer
10.7.7. By Materials
10.7.8. Brass
10.7.9. Stainless Steel
10.7.10. Other
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 Locking Washers Demand Share Forecast, 2019-2029
11. Europe Locking Washers 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 Locking Washers 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 Locking Washers Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Machinery & Equipment
11.4.3. Airplane
11.4.4. Structural applications
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Locking Washers Market Size and Volume Forecast by Type
11.7.1. By Shapes
11.7.2. Curved Disc Washer
11.7.3. Wave Washer
11.7.4. Split Washer
11.7.5. Toothed Lock Washer
11.7.6. Tab Washer
11.7.7. By Materials
11.7.8. Brass
11.7.9. Stainless Steel
11.7.10. Other
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 Locking Washers Demand Share, 2019-2029
12. Asia Pacific Locking Washers 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 Locking Washers 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 Locking Washers Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Machinery & Equipment
12.4.3. Airplane
12.4.4. Structural applications
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Locking Washers Market Size and Volume Forecast by Type
12.7.1. By Shapes
12.7.2. Curved Disc Washer
12.7.3. Wave Washer
12.7.4. Split Washer
12.7.5. Toothed Lock Washer
12.7.6. Tab Washer
12.7.7. By Materials
12.7.8. Brass
12.7.9. Stainless Steel
12.7.10. Other
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 Locking Washers Demand Share, 2019-2029
13. Middle East & Africa Locking Washers 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 Locking Washers 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 Locking Washers Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Machinery & Equipment
13.4.3. Airplane
13.4.4. Structural applications
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Locking Washers Market Size and Volume Forecast by Type
13.7.1. By Shapes
13.7.2. Curved Disc Washer
13.7.3. Wave Washer
13.7.4. Split Washer
13.7.5. Toothed Lock Washer
13.7.6. Tab Washer
13.7.7. By Materials
13.7.8. Brass
13.7.9. Stainless Steel
13.7.10. Other
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 Locking Washers Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Locking Washers Market: Market Share Analysis
14.2. Locking Washers Distributors and Customers
14.3. Locking Washers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Lesjofors
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. BULTE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Skiffy
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Canco Fastener
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Steel Smith
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Boneham & Turner
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Temas Engineering
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Harrison Silverdale
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. COMPANY9
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. COMPANY 10
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook<
