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Lock Washer Market Revenue, Insights, Overview, Outlook, Analysis | Valuates Reports

10-19-2024 03:38 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

Lock Washer - Market Size

The 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

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-28M7247/global-lock-washer

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Valuates offers an extensive collection of market research reports that helps companies to take intelligent strategical decisions based on current and forecasted Market trends

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