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Tension Springs-Global Market Insights and Sales Trends 2024

Tension Springs-Global Market Insights and Sales Trends 2024

Publishing Date : Dec, 2023

License Type :
 

Report Code : 1874203

No of Pages : 107

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Synopsis
Tension springs or extension springs are one of the most commonly known springs in the spring manufacturing industry and are tightly wound coils that are designed to operate with tension force. Similar to compression springs, they are helical coiled springs but are designed to bring components together or for attachment purposes using loops and hooks, rather than keep them apart.
The global Tension Springs market size is expected to reach US$ 1214.6 million by 2029, growing at a CAGR of 6.4% from 2023 to 2029. The market is mainly driven by the significant applications of Tension Springs in various end use industries. The expanding demands from the Medical Instruments, Industry, Traffic and Others, are propelling Tension Springs market. Machine Hooks, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Side Hooks segment is estimated at % CAGR for the next seven-year period.
Customization and Tailored Solutions: Manufacturers were focusing on offering tension springs that could be customized to meet specific application requirements. This includes variations in size, wire diameter, coil count, material selection, and end configurations to ensure optimal performance in diverse applications.
Automotive Industry Demand: The automotive sector is a significant consumer of tension springs, especially in suspension systems, safety mechanisms, and components like seatbelt retractors. As the automotive industry evolves with advancements in vehicle technology and electric vehicles, the demand for tension springs that accommodate these changes is likely to grow.
Industrial Automation: The growth of industrial automation and robotics has created a demand for tension springs used in various automated machinery and equipment. These springs provide controlled motion, tension, and energy storage in robotics, conveyor systems, and more.
E-commerce and Logistics: As e-commerce and logistics industries continue to expand, tension springs are used in various applications such as parcel sorting systems, conveyor belts, and material handling equipment. The growth of these sectors contributes to the demand for tension springs.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Tension Springs, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Tension Springs market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Tension Springs market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Tension Springs sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Tension Springs covered in this report include Stabilus IndustryLine, European Springs, Lesjoforsab, Acxess Spring, Skegness Springs Ltd, Sawane Spring, Schnöring, St. Marys Spring and Kencove, etc.
The global Tension Springs market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Stabilus IndustryLine
European Springs
Lesjoforsab
Acxess Spring
Skegness Springs Ltd
Sawane Spring
Schnöring
St. Marys Spring
Kencove
Lesjöfors springs slovakia sro
Irvine Springs
Hahn
Global Tension Springs market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Tension Springs market, Segment by Type:
Machine Hooks
Side Hooks
Cross Over Hooks
Extended Hooks
Global Tension Springs market, by Application
Medical Instruments
Industry
Traffic
Others
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Tension Springs manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Tension Springs in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Tension Springs Market Overview
1.1 Tension Springs Product Overview
1.2 Tension Springs Market Segment by Type
1.2.1 Machine Hooks
1.2.2 Side Hooks
1.2.3 Cross Over Hooks
1.2.4 Extended Hooks
1.3 Global Tension Springs Market Size by Type
1.3.1 Global Tension Springs Market Size Overview by Type (2018-2029)
1.3.2 Global Tension Springs Historic Market Size Review by Type (2018-2023)
1.3.3 Global Tension Springs Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Tension Springs Sales Breakdown by Type (2018-2023)
1.4.2 Europe Tension Springs Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Tension Springs Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Tension Springs Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Tension Springs Sales Breakdown by Type (2018-2023)
2 Global Tension Springs Market Competition by Company
2.1 Global Top Players by Tension Springs Sales (2018-2023)
2.2 Global Top Players by Tension Springs Revenue (2018-2023)
2.3 Global Top Players by Tension Springs Price (2018-2023)
2.4 Global Top Manufacturers Tension Springs Manufacturing Base Distribution, Sales Area, Product Type
2.5 Tension Springs Market Competitive Situation and Trends
2.5.1 Tension Springs Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Tension Springs Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Tension Springs as of 2022)
2.7 Date of Key Manufacturers Enter into Tension Springs Market
2.8 Key Manufacturers Tension Springs Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Tension Springs Status and Outlook by Region
3.1 Global Tension Springs Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Tension Springs Historic Market Size by Region
3.2.1 Global Tension Springs Sales in Volume by Region (2018-2023)
3.2.2 Global Tension Springs Sales in Value by Region (2018-2023)
3.2.3 Global Tension Springs Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Tension Springs Forecasted Market Size by Region
3.3.1 Global Tension Springs Sales in Volume by Region (2024-2029)
3.3.2 Global Tension Springs Sales in Value by Region (2024-2029)
3.3.3 Global Tension Springs Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Tension Springs by Application
4.1 Tension Springs Market Segment by Application
4.1.1 Medical Instruments
4.1.2 Industry
4.1.3 Traffic
4.1.4 Others
4.2 Global Tension Springs Market Size by Application
4.2.1 Global Tension Springs Market Size Overview by Application (2018-2029)
4.2.2 Global Tension Springs Historic Market Size Review by Application (2018-2023)
4.2.3 Global Tension Springs Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Tension Springs Sales Breakdown by Application (2018-2023)
4.3.2 Europe Tension Springs Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Tension Springs Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Tension Springs Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Tension Springs Sales Breakdown by Application (2018-2023)
5 North America Tension Springs by Country
5.1 North America Tension Springs Historic Market Size by Country
5.1.1 North America Tension Springs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Tension Springs Sales in Volume by Country (2018-2023)
5.1.3 North America Tension Springs Sales in Value by Country (2018-2023)
5.2 North America Tension Springs Forecasted Market Size by Country
5.2.1 North America Tension Springs Sales in Volume by Country (2024-2029)
5.2.2 North America Tension Springs Sales in Value by Country (2024-2029)
6 Europe Tension Springs by Country
6.1 Europe Tension Springs Historic Market Size by Country
6.1.1 Europe Tension Springs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Tension Springs Sales in Volume by Country (2018-2023)
6.1.3 Europe Tension Springs Sales in Value by Country (2018-2023)
6.2 Europe Tension Springs Forecasted Market Size by Country
6.2.1 Europe Tension Springs Sales in Volume by Country (2024-2029)
6.2.2 Europe Tension Springs Sales in Value by Country (2024-2029)
7 Asia-Pacific Tension Springs by Region
7.1 Asia-Pacific Tension Springs Historic Market Size by Region
7.1.1 Asia-Pacific Tension Springs Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Tension Springs Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Tension Springs Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Tension Springs Forecasted Market Size by Region
7.2.1 Asia-Pacific Tension Springs Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Tension Springs Sales in Value by Region (2024-2029)
8 Latin America Tension Springs by Country
8.1 Latin America Tension Springs Historic Market Size by Country
8.1.1 Latin America Tension Springs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Tension Springs Sales in Volume by Country (2018-2023)
8.1.3 Latin America Tension Springs Sales in Value by Country (2018-2023)
8.2 Latin America Tension Springs Forecasted Market Size by Country
8.2.1 Latin America Tension Springs Sales in Volume by Country (2024-2029)
8.2.2 Latin America Tension Springs Sales in Value by Country (2024-2029)
9 Middle East and Africa Tension Springs by Country
9.1 Middle East and Africa Tension Springs Historic Market Size by Country
9.1.1 Middle East and Africa Tension Springs Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Tension Springs Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Tension Springs Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Tension Springs Forecasted Market Size by Country
9.2.1 Middle East and Africa Tension Springs Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Tension Springs Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 Stabilus IndustryLine
10.1.1 Stabilus IndustryLine Company Information
10.1.2 Stabilus IndustryLine Introduction and Business Overview
10.1.3 Stabilus IndustryLine Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.1.4 Stabilus IndustryLine Tension Springs Products Offered
10.1.5 Stabilus IndustryLine Recent Development
10.2 European Springs
10.2.1 European Springs Company Information
10.2.2 European Springs Introduction and Business Overview
10.2.3 European Springs Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.2.4 European Springs Tension Springs Products Offered
10.2.5 European Springs Recent Development
10.3 Lesjoforsab
10.3.1 Lesjoforsab Company Information
10.3.2 Lesjoforsab Introduction and Business Overview
10.3.3 Lesjoforsab Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Lesjoforsab Tension Springs Products Offered
10.3.5 Lesjoforsab Recent Development
10.4 Acxess Spring
10.4.1 Acxess Spring Company Information
10.4.2 Acxess Spring Introduction and Business Overview
10.4.3 Acxess Spring Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Acxess Spring Tension Springs Products Offered
10.4.5 Acxess Spring Recent Development
10.5 Skegness Springs Ltd
10.5.1 Skegness Springs Ltd Company Information
10.5.2 Skegness Springs Ltd Introduction and Business Overview
10.5.3 Skegness Springs Ltd Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Skegness Springs Ltd Tension Springs Products Offered
10.5.5 Skegness Springs Ltd Recent Development
10.6 Sawane Spring
10.6.1 Sawane Spring Company Information
10.6.2 Sawane Spring Introduction and Business Overview
10.6.3 Sawane Spring Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.6.4 Sawane Spring Tension Springs Products Offered
10.6.5 Sawane Spring Recent Development
10.7 Schnöring
10.7.1 Schnöring Company Information
10.7.2 Schnöring Introduction and Business Overview
10.7.3 Schnöring Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.7.4 Schnöring Tension Springs Products Offered
10.7.5 Schnöring Recent Development
10.8 St. Marys Spring
10.8.1 St. Marys Spring Company Information
10.8.2 St. Marys Spring Introduction and Business Overview
10.8.3 St. Marys Spring Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.8.4 St. Marys Spring Tension Springs Products Offered
10.8.5 St. Marys Spring Recent Development
10.9 Kencove
10.9.1 Kencove Company Information
10.9.2 Kencove Introduction and Business Overview
10.9.3 Kencove Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.9.4 Kencove Tension Springs Products Offered
10.9.5 Kencove Recent Development
10.10 Lesjöfors springs slovakia sro
10.10.1 Lesjöfors springs slovakia sro Company Information
10.10.2 Lesjöfors springs slovakia sro Introduction and Business Overview
10.10.3 Lesjöfors springs slovakia sro Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.10.4 Lesjöfors springs slovakia sro Tension Springs Products Offered
10.10.5 Lesjöfors springs slovakia sro Recent Development
10.11 Irvine Springs
10.11.1 Irvine Springs Company Information
10.11.2 Irvine Springs Introduction and Business Overview
10.11.3 Irvine Springs Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.11.4 Irvine Springs Tension Springs Products Offered
10.11.5 Irvine Springs Recent Development
10.12 Hahn
10.12.1 Hahn Company Information
10.12.2 Hahn Introduction and Business Overview
10.12.3 Hahn Tension Springs Sales, Revenue and Gross Margin (2018-2023)
10.12.4 Hahn Tension Springs Products Offered
10.12.5 Hahn Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Tension Springs Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Tension Springs Industrial Chain Analysis
11.4 Tension Springs Market Dynamics
11.4.1 Tension Springs Industry Trends
11.4.2 Tension Springs Market Drivers
11.4.3 Tension Springs Market Challenges
11.4.4 Tension Springs Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Tension Springs Distributors
12.3 Tension Springs Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer

Published By : QY Research

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