The global Spring Balancers market was valued at US$ 92 million in 2022 and is projected to reach US$ 112.8 million by 2029, at a CAGR of 2.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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%.
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 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. This report contains market size and forecasts of Spring Balancers in global, including the following market information:
Global Spring Balancers Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Spring Balancers Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Spring Balancers companies in 2022 (%)
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Spring Balancers 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 Balancers Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring Balancers Market Segment Percentages, by Type, 2022 (%)
Capacity below 5 Kg
Capacity 5Kg-100 Kg
Capacity above 100 Kg
Global Spring Balancers Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring Balancers Market Segment Percentages, by Application, 2022 (%)
Automotive
Accessories Welding
Industrial Assembly Line
Other
Global Spring Balancers Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Spring Balancers 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 Balancers revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Spring Balancers revenues share in global market, 2022 (%)
Key companies Spring Balancers sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Spring Balancers sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
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
Outline of Major Chapters:
Chapter 1: Introduces the definition of Spring Balancers, market overview.
Chapter 2: Global Spring Balancers market size in revenue and volume.
Chapter 3: Detailed analysis of Spring Balancers 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 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 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 Balancers 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.
1 Introduction to Research & Analysis Reports
1.1 Spring Balancers Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Spring Balancers Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Spring Balancers Overall Market Size
2.1 Global Spring Balancers Market Size: 2022 VS 2029
2.2 Global Spring Balancers Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Spring Balancers Sales: 2018-2029
3 Company Landscape
3.1 Top Spring Balancers Players in Global Market
3.2 Top Global Spring Balancers Companies Ranked by Revenue
3.3 Global Spring Balancers Revenue by Companies
3.4 Global Spring Balancers Sales by Companies
3.5 Global Spring Balancers Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Spring Balancers Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Spring Balancers Product Type
3.8 Tier 1, Tier 2 and Tier 3 Spring Balancers Players in Global Market
3.8.1 List of Global Tier 1 Spring Balancers Companies
3.8.2 List of Global Tier 2 and Tier 3 Spring Balancers Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Spring Balancers Market Size Markets, 2022 & 2029
4.1.2 Capacity below 5 Kg
4.1.3 Capacity 5Kg-100 Kg
4.1.4 Capacity above 100 Kg
4.2 By Type - Global Spring Balancers Revenue & Forecasts
4.2.1 By Type - Global Spring Balancers Revenue, 2018-2023
4.2.2 By Type - Global Spring Balancers Revenue, 2024-2029
4.2.3 By Type - Global Spring Balancers Revenue Market Share, 2018-2029
4.3 By Type - Global Spring Balancers Sales & Forecasts
4.3.1 By Type - Global Spring Balancers Sales, 2018-2023
4.3.2 By Type - Global Spring Balancers Sales, 2024-2029
4.3.3 By Type - Global Spring Balancers Sales Market Share, 2018-2029
4.4 By Type - Global Spring Balancers Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Spring Balancers Market Size, 2022 & 2029
5.1.2 Automotive
5.1.3 Accessories Welding
5.1.4 Industrial Assembly Line
5.1.5 Other
5.2 By Application - Global Spring Balancers Revenue & Forecasts
5.2.1 By Application - Global Spring Balancers Revenue, 2018-2023
5.2.2 By Application - Global Spring Balancers Revenue, 2024-2029
5.2.3 By Application - Global Spring Balancers Revenue Market Share, 2018-2029
5.3 By Application - Global Spring Balancers Sales & Forecasts
5.3.1 By Application - Global Spring Balancers Sales, 2018-2023
5.3.2 By Application - Global Spring Balancers Sales, 2024-2029
5.3.3 By Application - Global Spring Balancers Sales Market Share, 2018-2029
5.4 By Application - Global Spring Balancers Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Spring Balancers Market Size, 2022 & 2029
6.2 By Region - Global Spring Balancers Revenue & Forecasts
6.2.1 By Region - Global Spring Balancers Revenue, 2018-2023
6.2.2 By Region - Global Spring Balancers Revenue, 2024-2029
6.2.3 By Region - Global Spring Balancers Revenue Market Share, 2018-2029
6.3 By Region - Global Spring Balancers Sales & Forecasts
6.3.1 By Region - Global Spring Balancers Sales, 2018-2023
6.3.2 By Region - Global Spring Balancers Sales, 2024-2029
6.3.3 By Region - Global Spring Balancers Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Spring Balancers Revenue, 2018-2029
6.4.2 By Country - North America Spring Balancers Sales, 2018-2029
6.4.3 US Spring Balancers Market Size, 2018-2029
6.4.4 Canada Spring Balancers Market Size, 2018-2029
6.4.5 Mexico Spring Balancers Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Spring Balancers Revenue, 2018-2029
6.5.2 By Country - Europe Spring Balancers Sales, 2018-2029
6.5.3 Germany Spring Balancers Market Size, 2018-2029
6.5.4 France Spring Balancers Market Size, 2018-2029
6.5.5 U.K. Spring Balancers Market Size, 2018-2029
6.5.6 Italy Spring Balancers Market Size, 2018-2029
6.5.7 Russia Spring Balancers Market Size, 2018-2029
6.5.8 Nordic Countries Spring Balancers Market Size, 2018-2029
6.5.9 Benelux Spring Balancers Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Spring Balancers Revenue, 2018-2029
6.6.2 By Region - Asia Spring Balancers Sales, 2018-2029
6.6.3 China Spring Balancers Market Size, 2018-2029
6.6.4 Japan Spring Balancers Market Size, 2018-2029
6.6.5 South Korea Spring Balancers Market Size, 2018-2029
6.6.6 Southeast Asia Spring Balancers Market Size, 2018-2029
6.6.7 India Spring Balancers Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Spring Balancers Revenue, 2018-2029
6.7.2 By Country - South America Spring Balancers Sales, 2018-2029
6.7.3 Brazil Spring Balancers Market Size, 2018-2029
6.7.4 Argentina Spring Balancers Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Spring Balancers Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Spring Balancers Sales, 2018-2029
6.8.3 Turkey Spring Balancers Market Size, 2018-2029
6.8.4 Israel Spring Balancers Market Size, 2018-2029
6.8.5 Saudi Arabia Spring Balancers Market Size, 2018-2029
6.8.6 UAE Spring Balancers Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 Ingersoll Rand
7.1.1 Ingersoll Rand Company Summary
7.1.2 Ingersoll Rand Business Overview
7.1.3 Ingersoll Rand Spring Balancers Major Product Offerings
7.1.4 Ingersoll Rand Spring Balancers Sales and Revenue in Global (2018-2023)
7.1.5 Ingersoll Rand Key News & Latest Developments
7.2 Aero-Motive
7.2.1 Aero-Motive Company Summary
7.2.2 Aero-Motive Business Overview
7.2.3 Aero-Motive Spring Balancers Major Product Offerings
7.2.4 Aero-Motive Spring Balancers Sales and Revenue in Global (2018-2023)
7.2.5 Aero-Motive Key News & Latest Developments
7.3 TECNA SpA
7.3.1 TECNA SpA Company Summary
7.3.2 TECNA SpA Business Overview
7.3.3 TECNA SpA Spring Balancers Major Product Offerings
7.3.4 TECNA SpA Spring Balancers Sales and Revenue in Global (2018-2023)
7.3.5 TECNA SpA Key News & Latest Developments
7.4 Nitto kohki
7.4.1 Nitto kohki Company Summary
7.4.2 Nitto kohki Business Overview
7.4.3 Nitto kohki Spring Balancers Major Product Offerings
7.4.4 Nitto kohki Spring Balancers Sales and Revenue in Global (2018-2023)
7.4.5 Nitto kohki Key News & Latest Developments
7.5 ENDO KOGYO CO.LTD
7.5.1 ENDO KOGYO CO.LTD Company Summary
7.5.2 ENDO KOGYO CO.LTD Business Overview
7.5.3 ENDO KOGYO CO.LTD Spring Balancers Major Product Offerings
7.5.4 ENDO KOGYO CO.LTD Spring Balancers Sales and Revenue in Global (2018-2023)
7.5.5 ENDO KOGYO CO.LTD Key News & Latest Developments
7.6 Hendo Industries
7.6.1 Hendo Industries Company Summary
7.6.2 Hendo Industries Business Overview
7.6.3 Hendo Industries Spring Balancers Major Product Offerings
7.6.4 Hendo Industries Spring Balancers Sales and Revenue in Global (2018-2023)
7.6.5 Hendo Industries Key News & Latest Developments
7.7 Chenghua
7.7.1 Chenghua Company Summary
7.7.2 Chenghua Business Overview
7.7.3 Chenghua Spring Balancers Major Product Offerings
7.7.4 Chenghua Spring Balancers Sales and Revenue in Global (2018-2023)
7.7.5 Chenghua Key News & Latest Developments
7.8 POWERMASTER LTD
7.8.1 POWERMASTER LTD Company Summary
7.8.2 POWERMASTER LTD Business Overview
7.8.3 POWERMASTER LTD Spring Balancers Major Product Offerings
7.8.4 POWERMASTER LTD Spring Balancers Sales and Revenue in Global (2018-2023)
7.8.5 POWERMASTER LTD Key News & Latest Developments
7.9 SAMKOOK
7.9.1 SAMKOOK Company Summary
7.9.2 SAMKOOK Business Overview
7.9.3 SAMKOOK Spring Balancers Major Product Offerings
7.9.4 SAMKOOK Spring Balancers Sales and Revenue in Global (2018-2023)
7.9.5 SAMKOOK Key News & Latest Developments
7.10 Carl Stahl Kromer
7.10.1 Carl Stahl Kromer Company Summary
7.10.2 Carl Stahl Kromer Business Overview
7.10.3 Carl Stahl Kromer Spring Balancers Major Product Offerings
7.10.4 Carl Stahl Kromer Spring Balancers Sales and Revenue in Global (2018-2023)
7.10.5 Carl Stahl Kromer Key News & Latest Developments
7.11 V. Å. Gram A/S
7.11.1 V. Å. Gram A/S Company Summary
7.11.2 V. Å. Gram A/S Spring Balancers Business Overview
7.11.3 V. Å. Gram A/S Spring Balancers Major Product Offerings
7.11.4 V. Å. Gram A/S Spring Balancers Sales and Revenue in Global (2018-2023)
7.11.5 V. Å. Gram A/S Key News & Latest Developments
7.12 ZENA
7.12.1 ZENA Company Summary
7.12.2 ZENA Spring Balancers Business Overview
7.12.3 ZENA Spring Balancers Major Product Offerings
7.12.4 ZENA Spring Balancers Sales and Revenue in Global (2018-2023)
7.12.5 ZENA Key News & Latest Developments
7.13 SUMAKE
7.13.1 SUMAKE Company Summary
7.13.2 SUMAKE Spring Balancers Business Overview
7.13.3 SUMAKE Spring Balancers Major Product Offerings
7.13.4 SUMAKE Spring Balancers Sales and Revenue in Global (2018-2023)
7.13.5 SUMAKE Key News & Latest Developments
8 Global Spring Balancers Production Capacity, Analysis
8.1 Global Spring Balancers Production Capacity, 2018-2029
8.2 Spring Balancers Production Capacity of Key Manufacturers in Global Market
8.3 Global Spring Balancers Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Spring Balancers Supply Chain Analysis
10.1 Spring Balancers Industry Value Chain
10.2 Spring Balancers Upstream Market
10.3 Spring Balancers Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Spring Balancers Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
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