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A suspension spring is used to absorb shocks from road and store in the form of compressed energy which is later dissipated in the form of heat by dampers. Springs serve a purpose to provide you with a smooth comfortable ride.
The classification of Suspension Spring includes Coil Spring, Air Spring and Leaf Spring. Coil Spring dominated the market in terms of volume with a share of 83.16% In 2018. In terms of value, the market share of leaf spring is largest with nearly 60% market.
Market Analysis and Insights: Global Suspension Spring Market
In 2019, the global Suspension Spring market size was US$ 8215.7 million and it is expected to reach US$ 9452 million by the end of 2026, with a CAGR of 2.0% during 2021-2026.
Global Suspension Spring Scope and Market Size
Suspension Spring market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Suspension 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, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Suspension Spring market is segmented into
Coil Spring
Air Spring
Leaf Spring
Segment by Application, the Suspension Spring market is segmented into
Coil Spring
Air Spring
Leaf Spring
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Suspension Spring market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Suspension Spring product introduction, recent developments, Suspension Spring sales by region, type, application and by sales channel.
The major companies include:
NHK Spring
Sogefi
Rassini
Hendrickson
Mubea
Mitsubishi Steel
Chuo Spring
Jamna Auto Industries
Fangda Special Steel
Dongfeng Motor Suspension
Continental
Thyssenkrupp
Fawer
Vibracoustic
Eaton Detroit
Lesjöfors
Betts Spring
KYB
Shandong Leopard
Eibach
Firestone
Kilen Springs
Vikrant Auto
Zhejiang Meili
Akar Tools
BJ Spring
The classification of Suspension Spring includes Coil Spring, Air Spring and Leaf Spring. Coil Spring dominated the market in terms of volume with a share of 83.16% In 2018. In terms of value, the market share of leaf spring is largest with nearly 60% market.
Market Analysis and Insights: Global Suspension Spring Market
In 2019, the global Suspension Spring market size was US$ 8215.7 million and it is expected to reach US$ 9452 million by the end of 2026, with a CAGR of 2.0% during 2021-2026.
Global Suspension Spring Scope and Market Size
Suspension Spring market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, and other participants in the global Suspension 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, by country, company, type, application and by sales channels for the period 2015-2026.
Segment by Type, the Suspension Spring market is segmented into
Coil Spring
Air Spring
Leaf Spring
Segment by Application, the Suspension Spring market is segmented into
Coil Spring
Air Spring
Leaf Spring
Regional and Country-level Analysis:
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Competitive Landscape
and Suspension Spring Market Share AnalysisSuspension Spring market competitive landscape provides details and data information by companies. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on sale and revenue by players for the period 2015-2020. Details included are company description, major business, Suspension Spring product introduction, recent developments, Suspension Spring sales by region, type, application and by sales channel.
The major companies include:
NHK Spring
Sogefi
Rassini
Hendrickson
Mubea
Mitsubishi Steel
Chuo Spring
Jamna Auto Industries
Fangda Special Steel
Dongfeng Motor Suspension
Continental
Thyssenkrupp
Fawer
Vibracoustic
Eaton Detroit
Lesjöfors
Betts Spring
KYB
Shandong Leopard
Eibach
Firestone
Kilen Springs
Vikrant Auto
Zhejiang Meili
Akar Tools
BJ Spring
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.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
