Lock Washer Market by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025

Table of Contents

Chapter 1: INTRODUCTION
1.1. REPORT DESCRIPTION
1.2. KEY MARKET SEGMENTS
1.3. KEY BENEFITS
1.4. RESEARCH METHODOLOGY
1.4.1. PRIMARY RESEARCH
1.4.2. SECONDARY RESEARCH
1.4.3. ANALYST TOOLS AND MODELS

Chapter 2: EXECUTIVE SUMMARY

2.1. CXO PERSPECTIVE


Chapter 3: MARKET LANDSCAPE

3.1. MARKET DEFINITION AND SCOPE
3.2. KEY FINDINGS
3.2.1. TOP INVESTMENT POCKETS
3.2.2. TOP WINNING STRATEGIES
3.3. PORTER'S FIVE FORCES ANALYSIS
3.3.1. BARGAINING POWER OF SUPPLIERS
3.3.2. THREAT OF NEW ENTRANTS
3.3.3. THREAT OF SUBSTITUTES
3.3.4. COMPETITIVE RIVALRY
3.3.5. BARGAINING POWER AMONG BUYERS
3.4. MARKET SHARE ANALYSIS/TOP PLAYER POSITIONING
3.5. MARKET DYNAMICS
3.5.1. DRIVERS
3.5.2. RESTRAINTS
3.5.3. OPPORTUNITIES


Chapter 4: LOCK WASHER MARKET BY PRODUCT

4.1. OVERVIEW
4.2. SPLIT LOCK WASHER
4.2.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
4.2.2. MARKET SIZE AND FORECAST BY REGION
4.2.3. MARKET ANALYSIS BY COUNTRY
4.3. TOOTH LOCK WASHER
4.3.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
4.3.2. MARKET SIZE AND FORECAST BY REGION
4.3.3. MARKET ANALYSIS BY COUNTRY
4.4. OTHERS
4.4.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
4.4.2. MARKET SIZE AND FORECAST BY REGION
4.4.3. MARKET ANALYSIS BY COUNTRY


Chapter 5: LOCK WASHER MARKET BY APPLICATION

5.1. OVERVIEW
5.2. AUTOMOTIVE
5.2.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.2.2. MARKET SIZE AND FORECAST BY REGION
5.2.3. MARKET ANALYSIS BY COUNTRY
5.3. AEROSPACE
5.3.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.3.2. MARKET SIZE AND FORECAST BY REGION
5.3.3. MARKET ANALYSIS BY COUNTRY
5.4. MACHINERY & EQUIPMENT
5.4.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.4.2. MARKET SIZE AND FORECAST BY REGION
5.4.3. MARKET ANALYSIS BY COUNTRY
5.5. CONSTRUCTION
5.5.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.5.2. MARKET SIZE AND FORECAST BY REGION
5.5.3. MARKET ANALYSIS BY COUNTRY
5.6. OTHERS
5.6.1. KEY MARKET TRENDS, GROWTH FACTORS AND OPPORTUNITIES
5.6.2. MARKET SIZE AND FORECAST BY REGION
5.6.3. MARKET ANALYSIS BY COUNTRY


Chapter 6: LOCK WASHER MARKET BY REGION

6.1. OVERVIEW
6.2. NORTH AMERICA
6.2.1. KEY MARKET TRENDS AND OPPORTUNITIES
6.2.2. MARKET SIZE AND FORECAST BY PRODUCT
6.2.3. MARKET SIZE AND FORECAST BY APPLICATION
6.2.4. MARKET SIZE AND FORECAST BY COUNTRY
6.2.5. US LOCK WASHER MARKET
6.2.5.1. MARKET SIZE AND FORECAST BY PRODUCT
6.2.5.2. MARKET SIZE AND FORECAST BY APPLICATION
6.2.6. CANADA LOCK WASHER MARKET
6.2.6.1. MARKET SIZE AND FORECAST BY PRODUCT
6.2.6.2. MARKET SIZE AND FORECAST BY APPLICATION
6.2.7. MEXICO LOCK WASHER MARKET
6.2.7.1. MARKET SIZE AND FORECAST BY PRODUCT
6.2.7.2. MARKET SIZE AND FORECAST BY APPLICATION
6.3. EUROPE
6.3.1. KEY MARKET TRENDS AND OPPORTUNITIES
6.3.2. MARKET SIZE AND FORECAST BY PRODUCT
6.3.3. MARKET SIZE AND FORECAST BY APPLICATION
6.3.4. MARKET SIZE AND FORECAST BY COUNTRY
6.3.5. UK LOCK WASHER MARKET
6.3.5.1. MARKET SIZE AND FORECAST BY PRODUCT
6.3.5.2. MARKET SIZE AND FORECAST BY APPLICATION
6.3.6. GERMANY LOCK WASHER MARKET
6.3.6.1. MARKET SIZE AND FORECAST BY PRODUCT
6.3.6.2. MARKET SIZE AND FORECAST BY APPLICATION
6.3.7. FRANCE LOCK WASHER MARKET
6.3.7.1. MARKET SIZE AND FORECAST BY PRODUCT
6.3.7.2. MARKET SIZE AND FORECAST BY APPLICATION
6.3.8. SPAIN LOCK WASHER MARKET
6.3.8.1. MARKET SIZE AND FORECAST BY PRODUCT
6.3.8.2. MARKET SIZE AND FORECAST BY APPLICATION
6.3.9. RUSSIA LOCK WASHER MARKET
6.3.9.1. MARKET SIZE AND FORECAST BY PRODUCT
6.3.9.2. MARKET SIZE AND FORECAST BY APPLICATION
6.3.10. REST OF EUROPE LOCK WASHER MARKET
6.3.10.1. MARKET SIZE AND FORECAST BY PRODUCT
6.3.10.2. MARKET SIZE AND FORECAST BY APPLICATION
6.4. ASIA PACIFIC
6.4.1. KEY MARKET TRENDS AND OPPORTUNITIES
6.4.2. MARKET SIZE AND FORECAST BY PRODUCT
6.4.3. MARKET SIZE AND FORECAST BY APPLICATION
6.4.4. MARKET SIZE AND FORECAST BY COUNTRY
6.4.5. CHINA LOCK WASHER MARKET
6.4.5.1. MARKET SIZE AND FORECAST BY PRODUCT
6.4.5.2. MARKET SIZE AND FORECAST BY APPLICATION
6.4.6. INDIA LOCK WASHER MARKET
6.4.6.1. MARKET SIZE AND FORECAST BY PRODUCT
6.4.6.2. MARKET SIZE AND FORECAST BY APPLICATION
6.4.7. JAPAN LOCK WASHER MARKET
6.4.7.1. MARKET SIZE AND FORECAST BY PRODUCT
6.4.7.2. MARKET SIZE AND FORECAST BY APPLICATION
6.4.8. SOUTH KOREA LOCK WASHER MARKET
6.4.8.1. MARKET SIZE AND FORECAST BY PRODUCT
6.4.8.2. MARKET SIZE AND FORECAST BY APPLICATION
6.4.9. REST OF ASIA PACIFIC LOCK WASHER MARKET
6.4.9.1. MARKET SIZE AND FORECAST BY PRODUCT
6.4.9.2. MARKET SIZE AND FORECAST BY APPLICATION
6.5. LAMEA
6.5.1. KEY MARKET TRENDS AND OPPORTUNITIES
6.5.2. MARKET SIZE AND FORECAST BY PRODUCT
6.5.3. MARKET SIZE AND FORECAST BY APPLICATION
6.5.4. MARKET SIZE AND FORECAST BY COUNTRY
6.5.5. LATIN AMERICA LOCK WASHER MARKET
6.5.5.1. MARKET SIZE AND FORECAST BY PRODUCT
6.5.5.2. MARKET SIZE AND FORECAST BY APPLICATION
6.5.6. MIDDLE EAST LOCK WASHER MARKET
6.5.6.1. MARKET SIZE AND FORECAST BY PRODUCT
6.5.6.2. MARKET SIZE AND FORECAST BY APPLICATION
6.5.7. AFRICA LOCK WASHER MARKET
6.5.7.1. MARKET SIZE AND FORECAST BY PRODUCT
6.5.7.2. MARKET SIZE AND FORECAST BY APPLICATION


Chapter 7: COMPANY PROFILES

7.1. NORD-LOCK
7.1.1. COMPANY OVERVIEW
7.1.2. BUSINESS PERFORMANCE
7.1.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.2. SHAKEPROOF
7.2.1. COMPANY OVERVIEW
7.2.2. BUSINESS PERFORMANCE
7.2.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.3. DISC-LOCK INC.
7.3.1. COMPANY OVERVIEW
7.3.2. BUSINESS PERFORMANCE
7.3.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.4. SCHNORR
7.4.1. COMPANY OVERVIEW
7.4.2. BUSINESS PERFORMANCE
7.4.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.5. TITAN FASTENERS
7.5.1. COMPANY OVERVIEW
7.5.2. BUSINESS PERFORMANCE
7.5.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.6. HANGZHOU SPRING WASHER CO LTD.
7.6.1. COMPANY OVERVIEW
7.6.2. BUSINESS PERFORMANCE
7.6.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.7. MIDWEST ACORN NUT CO.
7.7.1. COMPANY OVERVIEW
7.7.2. BUSINESS PERFORMANCE
7.7.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.8. HEICO-LOCK (HWICO GROUP)
7.8.1. COMPANY OVERVIEW
7.8.2. BUSINESS PERFORMANCE
7.8.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.9. EARNEST MACHINE
7.9.1. COMPANY OVERVIEW
7.9.2. BUSINESS PERFORMANCE
7.9.3. KEY STRATEGIC MOVES AND DEVELOPMENTS
7.10. WROUGHT WASHER MANUFACTURING INC
7.10.1. COMPANY OVERVIEW
7.10.2. BUSINESS PERFORMANCE
7.10.3. KEY STRATEGIC MOVES AND DEVELOPMENTS

Executive Summary

According to this report titled, 'Lock Washer Market by Product Type and Application: Global Opportunity Analysis and Industry Forecast, 2018 - 2025,' the lock washer market size accounted for $673.7 million in 2017, and is expected to reach $1,251.5 million by 2025, growing at a CAGR of 8.2% from 2018 to 2025. In 2017, Asia-Pacific dominated the global lock washer market, in terms of revenue, accounting for about 38% share of the global market, followed by North America.

Lock washers are a type of hardware that are used to resist loosening of bolted joints. A lock washer can hold the nut or other threaded fastener in place. These washers, placed under the nut or screw head, prevent fastening or loosening by preventing unscrewing rotation of the fastening device. Lock washers are mostly made up of metal. Steel is the most commonly used in the production of washers. Steel washers include carbon steel, spring steel, and stainless steel. Other metals in which washers are available include copper, brass, aluminum, titanium, bronze, zinc, and iron. Split and tooth lock washers are the two most popular lock washer types. Split washers look like a ring with uneven ends. The benefit of split lock washers lies in the spring-like shape of the washer. When compressed to loads near the proof strength of the bolt, it will twist and flatten. There are different types of tooth lock washers such as internal, external, internal-external, and countersunk external. These washers create a tooth action by biting into the nut or screw head and the surface it contacts.

The global lock washer market has witnessed a substantial growth over the past few years and expected to record similar growth during the coming years. Increase in demand for lock washers in the automotive, aerospace, machinery, and construction industries is expected to drive the market growth during the forecast year. In addition, increase in industrialization and urbanization, particularly in the emerging markets, further fuels the market growth. However, corrosion to these washers, rise in cost of steel, and fluctuating foreign exchange are anticipated to hinder the market growth. Furthermore, rise in demand for automotive in developing countries, availability of low-cost and efficient manufacturing particularly in Asia-Pacific region, and increase in demands for machineries provide lucrative growth opportunities for the lock washer market.

The automotive industry secured the highest share of about 31.1% in the global lock washer market in 2017 and is expected to grow at a CAGR of 8.4% during the forecast period. In terms of product types, split lock washers are expected to account for the highest market share in the coming years.

Key Findings of the Lock Washer Market:

In 2017, the spilt lock washer product segment dominated the global lock washer market in terms of revenue, and is projected to grow at a CAGR of 8.1% during the forecast period.
The automobile and machinery & equipment industries are expected to be the largest customers for the lock washer players as the two contributes for around 49% share of the total lock washer market globally.
Asia-Pacific is projected as one of the most dominant regions in the lock washer market and is expected to witness a high growth rate of around 8.6% during the forecast period.

The major players operating in the lock washer market include Nord-Lock, Shakeproof, Disc-Lock Inc., Schnorr, Titan Fasteners, Hangzhou spring washer Co., Ltd., Midwest Acorn Nut Co., HEICO-LOCK (HWICO Group), Earnest Machine, and Wrought Washer Manufacturing, Inc.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.