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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.
Market Analysis and Insights: Global Leaf Spring Market
Due to the COVID-19 pandemic, the global Leaf Spring market size is estimated to be worth US$ 3235 million in 2021 and is forecast to a readjusted size of US$ 3235 million by 2028 with a CAGR of 1.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Leaf Spring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
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.
Global Leaf Spring Scope and Market Size
The global Leaf Spring market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Leaf Spring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Multi-Leaf Spring
Mono-Leaf Spring
Segment by Application
Bus
Truck
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
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
Leaf spring assembly has its advantages compared to the coil spring. Leaf spring assembly has a stronger bearing capacity but a weaker comfort.
Market Analysis and Insights: Global Leaf Spring Market
Due to the COVID-19 pandemic, the global Leaf Spring market size is estimated to be worth US$ 3235 million in 2021 and is forecast to a readjusted size of US$ 3235 million by 2028 with a CAGR of 1.2% during the review period. Fully considering the economic change by this health crisis, by Type accounting for % of the Leaf Spring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Type segment is altered to an % CAGR throughout this forecast period.
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.
Global Leaf Spring Scope and Market Size
The global Leaf Spring market is segmented by company, region (country), by Type and by Application. Players, stakeholders, and other participants in the global Leaf Spring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
Segment by Type
Multi-Leaf Spring
Mono-Leaf Spring
Segment by Application
Bus
Truck
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
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
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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