Published Date : 02 Oct 19 | Views: 209 | Industry : Automation & Transportation
Wave Springs discovers different applications in the aerospace industry
The global Wave Spring market is mainly segmented into two segments such
as by product and by application. By product, the market is segmented into
nested wave springs, crest-to-crest wave springs, linear wave springs, single
turn wave springs, and Other. Linear Wave Spring acts as a load-bearing device
with equal load-deflection properties as a Wave Spring.
On the basis of application, the global Wave Spring market is segmented
into automotive industry, oil and gas industry, aerospace industry, medical
industry and Other. Wave Springs are used in different aerospace applications
such as fan blades, wheels, fuel systems, flaps, bearing preload, and throttle
for shock absorption. It also used in dampers, drug delivery systems, and door
operating systems.
Rising automotive sector in Asia Pacific is to impact positively on the
global Wave Springs market
Asia Pacific is likely to witness solid growth in the global Wave
Springs market. Growing automotive sector in developing economies like India
and China could help Asia Pacific to grow at a faster pace in the global Wave
Springs market. In Asia Pacific, heavy investments by companies in different
project in the oil and gas industries is projected to surge the demand for Wave
Springs in the region. Apart from Asia Pacific, Europe is also to show
impressive growth in the worldwide market.
Borrelly, Associated Spring, Nippon Stainless Spring, Wavespring,
Trisunltd, Ningbo Vulcan Mechanical Seals, Micseal, Rohit Springforms, European
Springs & Pressings, Jiuguang, Smalley, Tianshi, Tech Spring, Baumann
Springs, Sunzo Spring, NHK Spring, Arbort, Lee Spring, Tru Wave, and Scherdel,
Boker’s are some of the key players operating in the global Spring Wave
Market.
Wide industrial applications of Wave Springs to generate potential
opportunities for manufacturers in the global market
Wave Springs finds several applications in the medical industry in the
manufacturing of beds, monitoring equipment, and prostheses, which is likely to
increase the demand for Wave Springs in the global market. Apart from the
medical industry, companies are using Wave Springs in the manufacturing of
sports shoes in order to provide better performance as compared to traditional
air or foam-rubber-based cushioning. Overall length and operating height of
wave springs are less compared to compression spring, therefore reducing the
size of an assembly by half and lowers the production costs. This could be one
of the drivers increasing the demand for Wave Springs in the years to come.
In the automotive industry, Wave Springs are used in the production of
air bags, gear boxes, pressure valves, and bearings even it also used in
sprinkler valves. Wave Springs provides smoother performance with lower noise
and vibration.