Market Overview:
The global serrated safety washers 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 serrated safety washers from various end-use industries, such as automotive, industrial, and manufacturing. In addition, the growing demand for serrated safety washers in Asia Pacific is also contributing to the growth of this market. On the basis of type, S series serrated safety washers are expected to dominate the global market during the forecast period. This can be attributed to their high durability and resistance against wear and tear as compared with other types of serrated safety washers available in the market.
Product Definition:
A serrated safety washer is a type of washer with teeth or ridges on its edge. Serrated safety washers are used in applications where the bolt needs to be tightened down hard, but also requires some degree of flexibility. The ridges on the edge of the serrated safety washer help to grip the surface of whatever it is being bolted to, while also allowing for some movement and flexibility. This prevents the bolt from becoming too tight and damaging whatever it is being attached to.
S Series Serrated Safety Washers:
S Series Serrated Safety Washers are used in applications where high torque and high pressure washer is required. S Series Serrated Safety Washers provide higher leverage, more stability, and better safety to the user. The product comes with a choice of three different sprocket settings that allow for fast changes between wash rates without any loss in torque output.
VS Series Serrated Safety Washers:
VS series serrated safety washers are used in serrated safety washers market. It is a type of mechanical device that is used to reduce the rotating speed of a machine or equipment and it helps in avoiding cuts or injuries caused by sharp edges or points. The product has an elongated body with two cutting surfaces, one at each end, which are connected by an angle joint.
Application Insights:
The manufacturing segment dominated the global serrated safety washers market, accounting for a revenue share of over 30.0% in 2017. The growth can be attributed to the increasing demand for high-precision components and machinery in various industries such as automotive, aerospace and defense, etc. Furthermore, rapid industrialization along with rising population is expected to increase the demand for manufactured goods which will further propel product demand over the forecast period.
The automotive application segment is projected to witness significant growth during the forecast period owing to rapidly growing vehicle production across major economies including China India and Brazil which has resulted in surging product sales at local vendorships across these countries since 2014.
Regional Analysis:
Asia Pacific dominated the global serrated safety washers market in 2017 and is expected to continue its dominance over the forecast period. The region accounted for a share of more than 30% in 2017 owing to high product demand from various end-use industries, such as manufacturing, automotive, and others. China is one of the largest manufacturers of these products due to low raw material cost coupled with large production capacity.
The Middle East & Africa region is anticipated to witness significant growth over the forecast period owing to increasing industrialization across countries such as Saudi Arabia and UAE that has led into an increase in machinery usage rates along with rising awareness about workplace safety standards among employees.
Growth Factors:
- Increasing demand from end-use industries such as automotive, construction, and engineering
- Growing popularity of serrated safety washers in North America and Europe
- Rising investments by key players in research and development to develop new products
- Proliferation of online retail platforms that offer a wide range of serrated safety washers at competitive prices
- Growing awareness about the benefits of using serrated safety washers among consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Serrated Safety Washers Market Research Report
By Type
S Series Serrated Safety Washers, VS Series Serrated Safety Washers
By Application
Industrial, Automotive, Manufacturing, Others
By Companies
Schnorr GmbH, WASCA, Belleville Springs, Springmasters, Gardner Spring, Shuangyuan Disc Springs Inc Co., Ltd, Dongguan STL Metal Products Co., Ltd., Uma Spring, American Ring, International Industrial Springs, Optimum, HJ Tech Industry, Ston Springs, Shanghai JiuGuang Spring Co.,Ltd.
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
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Serrated Safety Washers Market Report Segments:
The global Serrated Safety Washers market is segmented on the basis of:
Types
S Series Serrated Safety Washers, VS Series Serrated Safety Washers
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
Industrial, Automotive, Manufacturing, 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:
- Schnorr GmbH
- WASCA
- Belleville Springs
- Springmasters
- Gardner Spring
- Shuangyuan Disc Springs Inc Co., Ltd
- Dongguan STL Metal Products Co., Ltd.
- Uma Spring
- American Ring
- International Industrial Springs
- Optimum
- HJ Tech Industry
- Ston Springs
- Shanghai JiuGuang Spring Co.,Ltd.
Highlights of The Serrated Safety 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:
- S Series Serrated Safety Washers
- VS Series Serrated Safety Washers
- By Application:
- Industrial
- Automotive
- Manufacturing
- 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 Serrated Safety 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
- 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?
A serrated safety washer is a type of safety washer that has a series of ridges or teeth on the outer surface. These teeth help to prevent objects from being inserted into the washer's nozzle, which can cause injury.
Some of the major players in the serrated safety washers market are Schnorr GmbH, WASCA, Belleville Springs, Springmasters, Gardner Spring, Shuangyuan Disc Springs Inc Co., Ltd, Dongguan STL Metal Products Co., Ltd., Uma Spring, American Ring, International Industrial Springs, Optimum, HJ Tech Industry, Ston Springs, Shanghai JiuGuang Spring Co.,Ltd..
The serrated safety washers 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. Serrated Safety 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. Serrated Safety Washers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Serrated Safety Washers Market - Supply Chain
4.5. Global Serrated Safety Washers Market Forecast
4.5.1. Serrated Safety Washers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Serrated Safety Washers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Serrated Safety Washers Market Absolute $ Opportunity
5. Global Serrated Safety 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. Serrated Safety Washers Market Size and Volume Forecast by Type
5.3.1. S Series Serrated Safety Washers
5.3.2. VS Series Serrated Safety Washers
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Serrated Safety 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. Serrated Safety Washers Market Size and Volume Forecast by Application
6.3.1. Industrial
6.3.2. Automotive
6.3.3. Manufacturing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Serrated Safety 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. Serrated Safety 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 Serrated Safety 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. Serrated Safety 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 Serrated Safety Washers Demand Share Forecast, 2019-2026
9. North America Serrated Safety 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 Serrated Safety 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 Serrated Safety Washers Market Size and Volume Forecast by Application
9.4.1. Industrial
9.4.2. Automotive
9.4.3. Manufacturing
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 Serrated Safety Washers Market Size and Volume Forecast by Type
9.7.1. S Series Serrated Safety Washers
9.7.2. VS Series Serrated Safety Washers
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 Serrated Safety Washers Demand Share Forecast, 2019-2026
10. Latin America Serrated Safety 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 Serrated Safety 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 Serrated Safety Washers Market Size and Volume Forecast by Application
10.4.1. Industrial
10.4.2. Automotive
10.4.3. Manufacturing
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 Serrated Safety Washers Market Size and Volume Forecast by Type
10.7.1. S Series Serrated Safety Washers
10.7.2. VS Series Serrated Safety Washers
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 Serrated Safety Washers Demand Share Forecast, 2019-2026
11. Europe Serrated Safety 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 Serrated Safety 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 Serrated Safety Washers Market Size and Volume Forecast by Application
11.4.1. Industrial
11.4.2. Automotive
11.4.3. Manufacturing
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 Serrated Safety Washers Market Size and Volume Forecast by Type
11.7.1. S Series Serrated Safety Washers
11.7.2. VS Series Serrated Safety Washers
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 Serrated Safety Washers Demand Share, 2019-2026
12. Asia Pacific Serrated Safety 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 Serrated Safety 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 Serrated Safety Washers Market Size and Volume Forecast by Application
12.4.1. Industrial
12.4.2. Automotive
12.4.3. Manufacturing
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 Serrated Safety Washers Market Size and Volume Forecast by Type
12.7.1. S Series Serrated Safety Washers
12.7.2. VS Series Serrated Safety Washers
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 Serrated Safety Washers Demand Share, 2019-2026
13. Middle East & Africa Serrated Safety 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 Serrated Safety 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 Serrated Safety Washers Market Size and Volume Forecast by Application
13.4.1. Industrial
13.4.2. Automotive
13.4.3. Manufacturing
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 Serrated Safety Washers Market Size and Volume Forecast by Type
13.7.1. S Series Serrated Safety Washers
13.7.2. VS Series Serrated Safety Washers
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 Serrated Safety Washers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Serrated Safety Washers Market: Market Share Analysis
14.2. Serrated Safety Washers Distributors and Customers
14.3. Serrated Safety Washers Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Schnorr GmbH
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. WASCA
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Belleville Springs
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Springmasters
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Gardner Spring
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shuangyuan Disc Springs Inc Co., Ltd
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dongguan STL Metal Products Co., Ltd.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Uma Spring
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. American Ring
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. International Industrial Springs
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Optimum
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. HJ Tech Industry
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Ston Springs
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Shanghai JiuGuang Spring Co.,Ltd.
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
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
