Market Overview:
The global wave spring 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 wave spring washers in various applications, such as mechanical and electronic applications. Wave spring washers are also used in other industries such as automotive, aerospace, and defense. The Asia Pacific region is expected to witness the highest growth during the forecast period owing to the growing demand for wave spring washers from countries such as China and India.
Product Definition:
Wave Spring Washers are used to prevent a fastener from loosening. The wave-like shape of the washer puts tension on the bolt or nut, which helps keep it in place.
Stainless Steel Wave Spring Washers:
Stainless steel wave spring washers are used in various applications including food processing, chemical industry, automotive and construction industries. The product is manufactured using different types of stainless steels which include ferritic, austenitic and martensitic among others. They possess properties such as high corrosion resistance & magnetic permeability along with excellent mechanical strength which makes them suitable for use in the aforementioned end-use industries.
High Carbon Steel Wave Spring Washers:
High carbon steel wave spring washers are used in the manufacturing of automotive suspension systems. They help to regulate the vertical movement of vehicle and protect it from bottoming out while braking or accelerating hard. The rising demand for high-performance vehicles with improved road holding capacity is expected to drive market growth over the forecast period.
Application Insights:
The mechanical application segment dominated the global wave spring washers market in 2017, accounting for over 60.0% share of the total revenue. The segment is expected to witness significant growth over the forecast period owing to its wide scope in various applications including automotive and transportation, oil & gas and energy sector among others.
Electronic application segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to rising demand from various end-use industries such as medical equipment, telecom equipment and semiconductor industry among others which are highly dependent on fluid dynamics for their smooth functioning without any hitches or problems during production or assembly process.
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 strong economic growth on account of rapid industrialization, which has led to an increase in infrastructure activities. This, in turn, is likely to drive the demand for wave spring washers from 2018 to 2030.
The Asia Pacific region includes emerging economies such as China and India that are experiencing strong economic growth on account of increasing industrial output and rising foreign investments. In addition, countries such as Japan have a well-established manufacturing sector owing to centuries of craftsmanship passed down through generations; thus resulting in high product demand across various applications. ‰â€˜”‘©â€™ “ 2013 All Rights Reserved by Global Wave Spring Washer Group Co., Ltd.
Growth Factors:
- Increasing demand from the automotive industry for wave spring washers as a result of their ability to withstand high loads and vibrations.
- Growing popularity of wave spring washers in the aerospace industry due to their lightweight and compact design that helps reduce fuel consumption.
- Rising demand for wave spring washers in the construction and engineering sectors due to their ability to improve product performance while reducing costs.
- Increasing use of wave spring washers in medical devices and equipment due to their superior biocompatibility properties.
Scope Of The Report
Report Attributes
Report Details
Report Title
Wave Spring Washers Market Research Report
By Type
Stainless Steel Wave Spring Washers, High Carbon Steel Wave Spring Washers, Spring Steel Wave Spring Washers, Beryllium Copper Wave Spring Washers, Others
By Application
Mechanical, Electronic, Others
By Companies
Associated Spring Raymond(Barnes Group Inc.), Lesjofors AB, Monroe Engineering Products, Willie Washer Manufacturing Corporation, Seastrom Manufacturing Co., Inc., Bokers, Inc., Springmasters, HK Metalcraft, Optimum, Spring Engineers, TorqBolt Inc, Tevema, Mikalor, Matenaer Corporation, Armour Screw Co., Daco Precision-Tool, Automatic Spring Products Corp., Nordic Fastening Group AB, 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
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Wave Spring Washers Market Report Segments:
The global Wave Spring Washers market is segmented on the basis of:
Types
Stainless Steel Wave Spring Washers, High Carbon Steel Wave Spring Washers, Spring Steel Wave Spring Washers, Beryllium Copper Wave Spring Washers, 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
Mechanical, Electronic, 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.)
- Lesjofors AB
- Monroe Engineering Products
- Willie Washer Manufacturing Corporation
- Seastrom Manufacturing Co., Inc.
- Bokers, Inc.
- Springmasters
- HK Metalcraft
- Optimum
- Spring Engineers
- TorqBolt Inc
- Tevema
- Mikalor
- Matenaer Corporation
- Armour Screw Co.
- Daco Precision-Tool
- Automatic Spring Products Corp.
- Nordic Fastening Group AB
- Shanghai JiuGuang Spring Co.,Ltd.
Highlights of The Wave Spring 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:
- Stainless Steel Wave Spring Washers
- High Carbon Steel Wave Spring Washers
- Spring Steel Wave Spring Washers
- Beryllium Copper Wave Spring Washers
- Others
- By Application:
- Mechanical
- Electronic
- 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 Wave Spring 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?
Wave spring washers are a type of washer that is used to help keep objects in place. They are made out of a metal or plastic and have small, rounded edges. These washers are inserted between two objects and then tightened using a wrench. This helps to keep the objects in place while they're being moved or during an installation process.
Some of the major companies in the wave spring washers market are Associated Spring Raymond(Barnes Group Inc.), Lesjofors AB, Monroe Engineering Products, Willie Washer Manufacturing Corporation, Seastrom Manufacturing Co., Inc., Bokers, Inc., Springmasters, HK Metalcraft, Optimum, Spring Engineers, TorqBolt Inc, Tevema, Mikalor, Matenaer Corporation, Armour Screw Co., Daco Precision-Tool, Automatic Spring Products Corp., Nordic Fastening Group AB, Shanghai JiuGuang Spring Co.,Ltd..
The wave spring 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. Wave Spring 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. Wave Spring Washers Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wave Spring Washers Market - Supply Chain
4.5. Global Wave Spring Washers Market Forecast
4.5.1. Wave Spring Washers Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wave Spring Washers Market Size (000 Units) and Y-o-Y Growth
4.5.3. Wave Spring Washers Market Absolute $ Opportunity
5. Global Wave Spring 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. Wave Spring Washers Market Size and Volume Forecast by Type
5.3.1. Stainless Steel Wave Spring Washers
5.3.2. High Carbon Steel Wave Spring Washers
5.3.3. Spring Steel Wave Spring Washers
5.3.4. Beryllium Copper Wave Spring Washers
5.3.5. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Wave Spring 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. Wave Spring Washers Market Size and Volume Forecast by Application
6.3.1. Mechanical
6.3.2. Electronic
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Wave Spring 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. Wave Spring 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 Wave Spring 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. Wave Spring 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 Wave Spring Washers Demand Share Forecast, 2019-2026
9. North America Wave Spring 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 Wave Spring 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 Wave Spring Washers Market Size and Volume Forecast by Application
9.4.1. Mechanical
9.4.2. Electronic
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Wave Spring Washers Market Size and Volume Forecast by Type
9.7.1. Stainless Steel Wave Spring Washers
9.7.2. High Carbon Steel Wave Spring Washers
9.7.3. Spring Steel Wave Spring Washers
9.7.4. Beryllium Copper Wave Spring Washers
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 Wave Spring Washers Demand Share Forecast, 2019-2026
10. Latin America Wave Spring 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 Wave Spring 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 Wave Spring Washers Market Size and Volume Forecast by Application
10.4.1. Mechanical
10.4.2. Electronic
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Wave Spring Washers Market Size and Volume Forecast by Type
10.7.1. Stainless Steel Wave Spring Washers
10.7.2. High Carbon Steel Wave Spring Washers
10.7.3. Spring Steel Wave Spring Washers
10.7.4. Beryllium Copper Wave Spring Washers
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 Wave Spring Washers Demand Share Forecast, 2019-2026
11. Europe Wave Spring 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 Wave Spring 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 Wave Spring Washers Market Size and Volume Forecast by Application
11.4.1. Mechanical
11.4.2. Electronic
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Wave Spring Washers Market Size and Volume Forecast by Type
11.7.1. Stainless Steel Wave Spring Washers
11.7.2. High Carbon Steel Wave Spring Washers
11.7.3. Spring Steel Wave Spring Washers
11.7.4. Beryllium Copper Wave Spring Washers
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 Wave Spring Washers Demand Share, 2019-2026
12. Asia Pacific Wave Spring 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 Wave Spring 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 Wave Spring Washers Market Size and Volume Forecast by Application
12.4.1. Mechanical
12.4.2. Electronic
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Wave Spring Washers Market Size and Volume Forecast by Type
12.7.1. Stainless Steel Wave Spring Washers
12.7.2. High Carbon Steel Wave Spring Washers
12.7.3. Spring Steel Wave Spring Washers
12.7.4. Beryllium Copper Wave Spring Washers
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 Wave Spring Washers Demand Share, 2019-2026
13. Middle East & Africa Wave Spring 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 Wave Spring 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 Wave Spring Washers Market Size and Volume Forecast by Application
13.4.1. Mechanical
13.4.2. Electronic
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Wave Spring Washers Market Size and Volume Forecast by Type
13.7.1. Stainless Steel Wave Spring Washers
13.7.2. High Carbon Steel Wave Spring Washers
13.7.3. Spring Steel Wave Spring Washers
13.7.4. Beryllium Copper Wave Spring Washers
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 Wave Spring Washers Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Wave Spring Washers Market: Market Share Analysis
14.2. Wave Spring Washers Distributors and Customers
14.3. Wave Spring Washers 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. Lesjofors AB
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Monroe Engineering Products
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Willie Washer Manufacturing Corporation
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Seastrom Manufacturing Co., 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. Bokers, Inc.
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Springmasters
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. HK Metalcraft
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Optimum
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Spring Engineers
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. TorqBolt Inc
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tevema
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Mikalor
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Matenaer Corporation
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Armour Screw Co.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Daco Precision-Tool
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Automatic Spring Products Corp.
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. Nordic Fastening Group AB
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. Shanghai JiuGuang Spring Co.,Ltd.
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
