Report overview
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
This report aims to provide a comprehensive presentation of the global market for Spring Balancer, 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 Balancer. This report contains market size and forecasts of Spring Balancer in global, including the following market information:
Global Spring Balancer Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Spring Balancer Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Spring Balancer companies in 2022 (%)
The global Spring Balancer market was valued at US$ 106 million in 2022 and is projected to reach US$ 127.5 million by 2029, at a CAGR of 2.7% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The major players in global Spring Balancer market include Ingersoll Rand, Molex/Aeromotive, TECNA SpA, etc. The top 3 players occupy about 40% shares of the global market. Asia-Pacific and Europe are main markets, they occupy about 70% of the global market. Standard Capacity is the main type, with a share about 50%. Automotive is the main application, which holds a share about 35%.
We surveyed the Spring Balancer manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Spring Balancer Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring Balancer Market Segment Percentages, by Type, 2022 (%)
Light Capacity
Standard Capacity
Large Capacity
Global Spring Balancer Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring Balancer Market Segment Percentages, by Application, 2022 (%)
Automotive
Accessories Welding
Industrial Assembly Line
Others
Global Spring Balancer Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring Balancer Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Spring Balancer revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Spring Balancer revenues share in global market, 2022 (%)
Key companies Spring Balancer sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Spring Balancer sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Ingersoll Rand
Molex/Aeromotive
TECNA SpA
Nitto kohki
ENDO KOGYO CO.LTD
Hendo Industries
Chenghua
ARO Welding Technologies SAS
POWERMASTER LTD
SAMKOOK
Carl Stahl Kromer
V. ?. Gram A/S
ZENA
SUMAKE
KITO PWB
Outline of Major Chapters:
Chapter 1: Introduces the definition of Spring Balancer, market overview.
Chapter 2: Global Spring Balancer market size in revenue and volume.
Chapter 3: Detailed analysis of Spring Balancer manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: 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 5: 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 6: Sales of Spring Balancer 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 of each country in the world.
Chapter 7: 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 8: Global Spring Balancer capacity by region & country.
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: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
