Lock Washer Market

By Product;

Split Lock Washer, Tooth Lock Washer and Others

By Material;

Brass, Bronze, Zinc, Aluminum, Copper, Stainless Steel and Others

By Application;

Automotive, Aerospace, Machinery & Equipment, Construction and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn548983429 Published Date: September, 2025 Updated Date: November, 2025

Lock Washer Market Overview

Lock Washer Market (USD Million)

Lock Washer Market was valued at USD 1,158.33 million in the year 2024. The size of this market is expected to increase to USD 1,998.07 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 8.1%.


Lock Washer Market

*Market size in USD million

CAGR 8.1 %


Study Period2025 - 2031
Base Year2024
CAGR (%)8.1 %
Market Size (2024)USD 1,158.33 Million
Market Size (2031)USD 1,998.07 Million
Market ConcentrationMedium
Report Pages379
1,158.33
2024
1,998.07
2031

Major Players

  • Schnorr
  • Titan Fasteners
  • HEICO-LOCK (HWICO Group)
  • Shakeproof
  • Wrought Washer Manufacturing, Inc.
  • Midwest Acorn Nut Co.
  • Disc-Lock Inc.
  • Nord-Lock
  • Hangzhou spring washer co., ltd
  • Earnest Machine

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Lock Washer Market

Fragmented - Highly competitive market without dominant players


The Lock Washer Market continues to grow as these fastening components provide essential stability across multiple industries. Designed to prevent bolts and nuts from loosening under stress, vibration, or torque, lock washers are indispensable in high-performance applications. With nearly 40% of usage concentrated in industrial machinery and around 25% in automotive applications, their role in maintaining structural integrity is becoming increasingly critical.

Expanding Role In Industrial Applications
Industrial sectors are relying heavily on lock washers to prevent operational failures and ensure machinery longevity. Fastening-related issues contribute to nearly 30% of equipment breakdowns, which underscores the importance of these washers. As industries move toward automation and heavy-duty equipment, demand for lock washers is steadily increasing due to their ability to withstand continuous stress and high-load conditions.

Impact On Automotive Engineering
The automotive industry is one of the largest consumers of lock washers, particularly for securing high-vibration components. Roughly 20% of all fastener applications in vehicles involve lock washers in engines, drive systems, and structural assemblies. With the transition to lightweight vehicle designs, manufacturers are focusing on advanced washer materials and designs, ensuring reliability while adapting to evolving engineering needs.

Innovation Driving Performance
Material advancements and design improvements are redefining the lock washer market. Enhanced coatings, stainless steel variants, and corrosion-resistant finishes are delivering up to 15% higher durability and efficiency. This progress reduces maintenance requirements while ensuring longer operational life, making lock washers a cost-effective solution for industries seeking performance-driven fastening technology.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Material
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Lock Washer Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Increasing Industrialization and Manufacturing Activities

        2. Rising Focus on Infrastructure Development

        3. Stringent Safety and Quality Standards

      2. Restraints
        1. Surging Prices of Steel

        2. Fluctuating Foreign Exchange

        3. Possibility of Corrosion

      3. Opportunities
        1. Increased Demand for Sustainable Lock Washers

        2. Growth in Industrial Activity

        3. Market Positioning and Monitoring

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Lock Washer Market, By Product, 2021 - 2031 (USD Million)
      1. Split Lock Washer
      2. Tooth Lock Washer
      3. Others
    2. Lock Washer Market, By Material, 2021 - 2031 (USD Million)
      1. Brass
      2. Bronze
      3. Zinc
      4. Aluminum
      5. Copper
      6. Stainless Steel
      7. Others
    3. Lock Washer Market, By Application, 2021 - 2031 (USD Million)
      1. Automotive
      2. Aerospace
      3. Machinery & Equipment
      4. Construction
      5. Others
    4. Lock Washer Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Nord-Lock (Nord-Lock International AB)
      2. Schnorr GmbH
      3. ITW Shakeproof Industrial
      4. Disc-Lock Inc. (Tension Control Bolts / Disc-Lock Europe)
      5. Titan Fasteners
      6. Hangzhou Spring Washer Co., Ltd.
      7. Earnest Machine
      8. Wrought Washer Manufacturing, Inc.
      9. Midwest Acorn Nut Co.
      10. HEICO-LOCK (HWICO Group)
      11. KD Fasteners Inc.
      12. Phoenix Specialty Manufacturing Co.
      13. WCL (Wake Central / Wake Components / WCL Fasteners)
      14. Hodell Natco (Hodell / Natco Fasteners)
      15. Alma Bolt / Prime Fasteners
  7. Analyst Views
  8. Future Outlook of the Market