Global Disc Spring Market: Introduction
A disc spring, also known as a Belleville washer, can be loaded along its axis either dynamically or statically subjected to continuous load cycling. It is a conical shell mainly used in applications that require a very high amount of force over a small deflection. A disc spring is shaped like a washer that is axially loaded. Disc spring is shaped like a conical, which can be used as in single, multiple, series, stacked parallel and in a combination. Furthermore, disc springs have a number of advantages that include consistent performance, inherent dampening, longer fatigue life, flexibility, space saving, and high load capacity. Disc springs are used in different industries, due to their conical configuration, which can support high loads with relatively solid heights and small deflections compared to helical springs. Moreover, disc springs are utilized to tackle various problems such as thermal expansion, vibration, and bolt creep in different industries.
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Global Disc Spring Market: Competition Landscape
The Mubea Group
Established in 1916, the Mubea Group is headquartered in Germany. The company has approximately 10,200 employees in 17 countries in almost 28 locations. It is a worldwide market leader in manufacturing and developing automobile parts with a unique feature of reducing carbon dioxide emissions. In addition, the company is a specialist in manufacturing and designing lightweight spring components and related products for automotive industry across the world. Furthermore, the company offers a wide variety of products that include tailor rolled products, tailor rolled tubes, stabilizer bars, spring band clamps, and valve springs.
MW Industries, Inc.
Incorporated in 1929, MW Industries, Inc. is headquartered in Chicago, Illinois, U.S. with approximately 5000 employees. The company is a worldwide leader in manufacturing, creating, and designing highly engineered fasteners, industrial springs, bellows, and metal components. It provides services to 35 countries. The company provides its products to different industries such as energy, medical, aerospace, and automotive. Furthermore, it manufacturers and designs a wide variety of products such as disc springs or belleville washers, custom and stock springs, constant force springs, fasteners, couplings, machined parts, hot wound springs, machined springs, metal stampings, metal bellows, retaining rings, shims tubing products, and wire forms.
Other key players operating in the global disc spring market are Barnes Group Inc., AirLoc Schrepfer AG, Schnorr GmbH, Werner Röhrs GmbH & Co. KG., TIEIG Industrial Products GmbH, Daemar Inc., Safelink Agencies Private Limited, SPIROL International Corporation, Changzhou Disc Spring Manufacturer Co., Ltd., Century Spring Corp., Christian Bauer GmbH + Co. KG., and Twiflex Ltd.
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Global Disc Spring Market: Dynamics
Rise in Demand of Disc Springs in Different Industries across the Globe
Rise in demand of disc springs in various industries, such as aerospace, mining, automotive, and medical, is likely to boost the disc spring market across the globe. Disc springs are used in use of spring washers that exert a uniform pressure and remains constant, for circumstances where tension losses are caused by contraction, thermal expansion, compression set, across a wide range of industries, so as to give machines a longer life. In addition, disc springs are effective in stopping bolts from moving around, so as to solve the problem of bolt creep in machines which, in turn, is projected to expand the disc spring market during the forecast period. Moreover, disc springs are used to reduce terminating time of surgical tools and instruments in healthcare sector which is expected to boost the disc spring market.
Global Disc Spring Market: Segmentation
The global disc spring market can be segmented based on:
- Disc Spring Thickness
- Disc Spring Type
Global Disc Spring Market, by Disc Spring Thickness
Based on disc spring thickness, the global disc spring market can be divided into:
- 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)
Global Disc Spring Market, by Application
In terms of application, the global disc spring market can be classified into:
- Automatic Transmission Clutch Assemblies
- Pre-loading Fasteners
- Circuit Breakers
- Pre-loading Thrust Bearing
- Pre-load Anti-backlash Nuts
- Mitigating Tolerance Issues in a Stack-up
Global Disc Spring Market, by Disc Spring Type
Based on disc spring type, the global disc spring market can be segregated into:
- Carbon Composite Disc Springs
- Belleville Washers (Classic)
- Belleville Washers (Pre-Stressed)
- Belleville Washers (Heavy Bolted)
- Flange Disc Springs
- Flange Disc Springs
- Flat Washers
- Ball Bearing Spring Washers
- Slotted Disc Springs
- Contact Disc Springs
- Curved Spring Washers
- Serrated Disc Washers
- Finger Spring Washers
- Wave Spring Washers
Global Disc Spring Market, by Industry
In terms of industry, the global disc spring market can be categorized into:
- Diesel Powertrain
- Aerospace & Defense
- IT & Telecom
The report incorporates in-depth assessment of product development, financial analysis, product market sizing, competition landscape, product benchmarking, market trends, and strategic analysis to estimate the potential opportunities for and impact forces of the global disc spring market. The report also includes a study and qualitative and quantitative research of major developments in the market such as mergers & acquisitions, product launches, agreements, and collaborations to recognize the prevailing market dynamics and their estimated impact during the forecast period.
Regional analysis of the global disc spring market includes:
- North America
- South America
- Asia Pacific
- Middle East & Africa (MEA)
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
- A complete backdrop analysis, which includes an assessment of the parent market
- Important changes in market dynamics
- Market segmentation up to the second or third level
- Historical, current, and projected size of the market from the standpoint of both value and volume
- Reporting and evaluation of recent industry developments
- Market shares and strategies of key players
- Emerging niche segments and regional markets
- An objective assessment of the trajectory of the market
- Recommendations to companies for strengthening their foothold in the market
Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.