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Lock Washer Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports
Lock Washer - Market SizeThe global market for Lock Washer was estimated to be worth US$ 224.3 million in 2023 and is forecast to a readjusted size of US$ 279 million by 2030 with a CAGR of 3.1% during the forecast period 2024-2030
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Europe market for Lock Washers was valued at $ 101.21 million in 2023 and will reach $ 141.36 million by 2030, at a CAGR of 4.69% during the forecast period of 2024 through 2030.
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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.
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 15%.
By Type
• Internal& External Star
• Split
By Application
• Automotive
• Machinery & Equipment
• Airplane
• Structural Applications
Key Companies
NORD-LOCK, Disc-Lock, Schnorr, Shakeproof, Tiger-Tight, Midwest Acorn Nut, Earnest, HEICO-LOCK, Shinedason, Titan Fasteners
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