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Disc Spring Market Trend, Share, Analysis & Forecast, 2020–2027 | By Type, Application

03-10-2021 08:18 AM CET | Industry, Real Estate & Construction

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Disc spring, also known as Belleville washer, is a conical shell primarily used in applications that require very high amount of power without much deviation. It can be loaded along its axis either statically or dynamically subjected to continuous load cycling. It is shaped as a washer that is conical in shape and axially loaded. Disc springs can be used as a single element or can be used as in stacked parallel, multiple, series or in a combination depending on the application it is used for.

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A disc spring is a spring washer with a conical shape. This shape gives the spring washer its flexible effect. It comprises primarily of a convex disc supported at the outer periphery by one force and an opposing force on center of the disc. With this property, it can bear the load of huge quantity over very small deflections. Disc spring produces a large amount of force with very minimal spring length and minimal defection when subjected to compression.

Covid-19 Impact On Market

COVID-19 pandemic has shut-down the production of various products in the industry, mainly owing to the prolonged lockdown in major global countries. This has hampered the growth of market significantly from last few months, as is likely to continue during 2020.

COVID-19 has already affected the sales of equipment and machinery in the first quarter of 2020 and is likely to cause a negative impact on the market growth throughout the year.

The major demand for equipment and machinery was previously noticed from giant manufacturing countries including the U.S., Germany, Italy, the UK, and China, which is badly affected by the spread of coronavirus, thereby halting the demand for equipment and machinery.

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Surge in usage in applications of automotive and healthcare equipment are the factors that drive the disc spring market. Investments in automotive and healthcare industry, launches of new technological advancements in the healthcare equipment, and requirement for cost cutting related to replacement of old components by new ones present new pathways in the industry.

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Geographic Review

North America (U.S. and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

Key Segments

By Type :

By Thickness

Less than 1.25 mm (chamfered on inner or outer diameters)
From 1.25 up to 6.0 mm (chamfered on inner or outer diameters)
More than 6.0 mm (are chamfered on all sides)

By Application

Automatic Transmission Clutch Assemblies
Detents
Pre-loading Fasteners
Circuit Breakers
Pre-loading Thrust Bearing
Pre-load Anti-backlash Nuts
Mitigating Tolerance Issues in a Stack-up
Others

By End-User Industry

Transportation
Construction
Automotive
Mining
Energy
Healthcare
Others

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Key Players

Major players analyzed include MW Industries, Inc., AirLocSchrepfer AG, Barnes Group Inc., Changzhou Disc Spring Manufacturer Co., Ltd., Christian Bauer GmbH + Co. KG, Daemar Inc., Safelink Agencies Private

Contact:
David Correa
Portland, OR, United States
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About Us

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of Market Research Reports and Business Intelligence Solutions. AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domains.

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