Global Leaf Spring Market Research Report 2024

Leaf Spring is a simple form of spring commonly used for the suspension in wheeled vehicles. Usually, Leaf spring is assembly of several leaf springs which is made of steel. At present, leaf spring assembly is mostly applied on commercial vehicles.

Leaf spring assembly has its advantages compared to the coil spring. Leaf spring assembly has a stronger bearing capacity but a weaker comfort.

The global Leaf Spring market was valued at US$ 3235 million in 2023 and is anticipated to reach US$ 3520.3 million by 2030, witnessing a CAGR of 1.2% during the forecast period 2024-2030.

Global Leaf Spring key players include Fangda, Hendrickson, Dongfegn, Jamna Auto Industries, Fawer, etc. Global top five manufacturers hold a share over 25%.

China is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 30 percent.

In terms of product, Multi-leaf is the largest segment, with a share over 65%. And in terms of application, the largest application is Truck, followed by Bus, etc.

This report aims to provide a comprehensive presentation of the global market for Leaf Spring, 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 Leaf Spring.

Report Scope

The Leaf Spring market size, estimations, and forecasts are provided in terms of output/shipments (K MT) 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 Leaf Spring 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 Leaf Spring 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


Fangda

Hendrickson

Dongfegn

Jamna Auto Industries

Fawer

RSA

Shuaichao

Eaton Detroit Spring

Chongqing Hongqi

Hubei Shenfeng

NHK Spring

Leopord

Mitsubishi Steel

Shuangli Banhuang

OLGUN CELIK

Standens

Owen Springs

Hayward

Hunan Yitong

Sogefi

Anhui Anhuang

Shandong Fangcheng

Zhengzhou Xinjiaotong

Jiangxi Automobile Leaf Spring

Eagle Suspensions


Segment by Type


Multi-Leaf Spring

Mono-Leaf Spring


Segment by Application


Bus

Truck

Others


Production by Region



North America

Europe

China

Japan

South Korea

India


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 Leaf Spring manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.

Chapter 3: Production/output, value of Leaf Spring 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 Leaf Spring 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.

Frequently Asked Questions