Press release
Global Lock Washers Market 2019 – 2025 Analysis by Top Venders: NORD-LOCK, Disc-Lock, Schnorr, Shakeproof
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.Currently, The industry concentration is low, the technical barriers and financial barriers of Lock Washers are also low. The companies in the world that produce Lock Washers mainly concentrate in North America, Europe, China, Japan, Southeast Asia and India, Raw materials are also concentrated in these regions. In particular, as the market leader in Lock Washers, NORD-LOCK take the global market share of about 0.20%, other key manufacturers include NORD-LOCK , Disc-Lock, Schnorr, Shakeproof, Tiger-Tight, Midwest Acorn Nut, Earnest, HEICO-LOCK, Shinedason, Titan Fasteners. The production of Lock Washers increased from 41776 Million Units in 2011 to 63470 Million Units in 2016, with an average growth rate of 8.73%. Global Lock Washers capacity utilization rate remained at around 71.37% in 2016.
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In consumption market, the growth rate of global consumption is smooth relatively. North America, Europe, China, Japan, Southeast Asia, India are still the mainly consumption regions due to the advanced production technology and rapid development of economy. The global market for Lock Washers is expected to reach about 10741.42 M USD by 2021 from 8548.91 M USD in 2016.
Lock Washers can be classified as two types, such as Pin and Wire. It can be widely used in many industries. Survey results showed that 40.41% of the Lock Washers market is Split, 39.16% is External & Internal Star, 20.38% divided among others in 2016. With the development of economy, Countries increasingly stringent requirements,these industries will need more Lock Washers. So, Lock Washers has a huge market potential in the future.
The global Lock Washers market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.
Major Key players of Lock Washers market reports are: NORD-LOCK, Disc-Lock, Schnorr, Shakeproof, Tiger-Tight, Midwest Acorn Nut, Earnest, HEICO-LOCK, Shinedason, Titan Fasteners,
Click to view Tables, Charts, Figures, TOC, and Companies Mentioned in the global Lock Washers market Report at- https://www.qyresearch.com/index/detail/958336/global-lock-washers-market
The report focuses on various regional markets for each of the segment within the Surgical Lighting market. The major regions include North America, Europe, APAC, MEA, and Latin America. This report presents a detailed analysis, market sizing, and forecasting for the emerging segment within the Lock Washers market. The report is thoroughly segmented by product type, application, vertical, and region.
Lock Washers Market Segmentation by Types:
Internal& External Star
Split
Others
Lock Washers Market Segmentation by Applications:
Automotive
Machinery & Equipment
Airplane
Structural applications
Others
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Highlights from the TOC:
Market Overview: Readers are provided with a brilliant overview of the global Lock Washers market and the scope of products available for commercial sale. Here, the authors of the report also touch on key segments of the global Lock Washers market and give a glimpse of the market size by value and volume.
Competition by Manufacturers: This section of the report shows how different manufacturers are performing in the global Lock Washers market on the basis of average price, revenue, and production.
Production Market Share by Region: It includes market analysis of each region and country studied in the report in terms of gross margin, price, revenue, production, and growth rate.
Company Profiles and Key Figures in Business: It lists all players studied in the report on the basis of markets served, gross margin, price, revenue, production, product specification, application, and production sites.
Manufacturing Cost Analysis: It covers industrial chain analysis, raw material analysis, manufacturing cost structure, and other key aspects.
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