Spring Balancers provide constant tension on the cable, accomplished with a spring motor and a tapered drum. The balancer extends or retracts the support cable to follow the tool's movements. The assembler can reposition the tool, while experiencing comfortable operation and less fatigue.
The global Spring Balancers market was valued at US$ 89 million in 2023 and is anticipated to reach US$ 110.8 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global key manufacturers of Spring Balancer include Ingersoll Rand, Aero-Motive, TECNA SpA, Nitto kohki and others. The top two manufacturers together account for more than 30% of the market share, with Ingersoll Rand being the largest manufacturer with 20%. The key global producers are mainly located in North America, Europe, China, Japan, Korea, Taiwan (China), India, etc. At the consumption level, Asia Pacific has the largest consumption market with a share of 50%. In terms of its product category, capacity 5Kg-10Kg is the largest segment with more than 50% market share,; followed by capacity above 100Kg. In terms of its application, automotive is its number one application area, with a market share of 35%.
This report aims to provide a comprehensive presentation of the global market for Spring Balancers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spring Balancers.
Report Scope
The Spring Balancers market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Spring Balancers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Spring Balancers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ingersoll Rand
Aero-Motive
TECNA SpA
Nitto kohki
ENDO KOGYO CO.LTD
Hendo Industries
Chenghua
POWERMASTER LTD
SAMKOOK
Carl Stahl Kromer
V. Å. Gram A/S
ZENA
SUMAKE
Segment by Type
Capacity below 5 Kg
Capacity 5Kg-100 Kg
Capacity above 100 Kg
Segment by Application
Automotive
Accessories Welding
Industrial Assembly Line
Other
Production by Region
North America
Europe
China
Japan
India
South Korea
Taiwan (China)
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Spring Balancers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Spring Balancers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Spring Balancers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
The global Spring Balancers market was valued at US$ 89 million in 2023 and is anticipated to reach US$ 110.8 million by 2030, witnessing a CAGR of 3.1% during the forecast period 2024-2030.
Global key manufacturers of Spring Balancer include Ingersoll Rand, Aero-Motive, TECNA SpA, Nitto kohki and others. The top two manufacturers together account for more than 30% of the market share, with Ingersoll Rand being the largest manufacturer with 20%. The key global producers are mainly located in North America, Europe, China, Japan, Korea, Taiwan (China), India, etc. At the consumption level, Asia Pacific has the largest consumption market with a share of 50%. In terms of its product category, capacity 5Kg-10Kg is the largest segment with more than 50% market share,; followed by capacity above 100Kg. In terms of its application, automotive is its number one application area, with a market share of 35%.
This report aims to provide a comprehensive presentation of the global market for Spring Balancers, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Spring Balancers.
Report Scope
The Spring Balancers market size, estimations, and forecasts are provided in terms of output/shipments (K Units) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Spring Balancers market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Spring Balancers manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Ingersoll Rand
Aero-Motive
TECNA SpA
Nitto kohki
ENDO KOGYO CO.LTD
Hendo Industries
Chenghua
POWERMASTER LTD
SAMKOOK
Carl Stahl Kromer
V. Å. Gram A/S
ZENA
SUMAKE
Segment by Type
Capacity below 5 Kg
Capacity 5Kg-100 Kg
Capacity above 100 Kg
Segment by Application
Automotive
Accessories Welding
Industrial Assembly Line
Other
Production by Region
North America
Europe
China
Japan
India
South Korea
Taiwan (China)
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Spring Balancers manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Spring Balancers by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Spring Balancers in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 5: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 6: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: 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 10: The main points and conclusions of the report.
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