Global Lock Washers Market Growth 2023-2029
Lock washers are specially designed to keep threaded fasteners from loosening. They prevent vibrations and some have external teeth to prevent rotation. These washers are often found in airplanes and in structural applications.
We talk about the below lock washers as the picture in this report.
LPI (LP Information)' newest research report, the “Lock Washers Industry Forecast” looks at past sales and reviews total world Lock Washers sales in 2022, providing a comprehensive analysis by region and market sector of projected Lock Washers sales for 2023 through 2029. With Lock Washers sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lock Washers industry.
This Insight Report provides a comprehensive analysis of the global Lock Washers landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Lock Washers portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Lock Washers market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lock Washers and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Lock Washers.
The global Lock Washers market size is projected to grow from US$ 219.4 million in 2022 to US$ 323.6 million in 2029; it is expected to grow at a CAGR of 323.6 from 2023 to 2029.
In the industry, Disc-Lock profits most, while HEICO-LOCK and Growermetal ranked 2 and 3. The market share of them is 20%, 15% and 13%.
This report presents a comprehensive overview, market shares, and growth opportunities of Lock Washers market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
External & Internal Star
Split
Others
Segmentation by application
Automotive
Machinery & Equipment
Airplane
Structural Applications
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Disc-Lock
HEICO-LOCK
Growermetal
Nord-Lock
Schnorr
ITW Shakeproof
Chin Hsing Precision Industry
Ningbo Eurotec Precision
Earnest Machine Products
OJ Precise
Midwest Acorn Nut
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lock Washers market?
What factors are driving Lock Washers market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lock Washers market opportunities vary by end market size?
How does Lock Washers break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Please note: The report will take approximately 2 business days to prepare and deliver.
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook