Product Code: AMIN23208
Automotive Suspension Spring Market Introduction and Overview
According to SPER Market Research, 'Automotive Suspension Spring Market Size- By Vehicle Type, By Spring Type, By Material, By Sales Channel- Regional Outlook, Competitive Strategies and Segment Forecast to 2033'state that the Global Automotive Suspension Spring Market is predicted to reach with a CAGR of 5.5%.
These springs are essential for preserving the best possible tyre contact with the road, which improves handling, stability, and overall driving comfort. They are often composed of strong materials like steel or alloys. Suspension springs are made by Original Equipment Manufacturers (OEMs) and aftermarket vendors to fit a variety of vehicle varieties and uses. For longevity, performance, and safety, they must adhere to strict manufacturing and design criteria.
Furthermore, due to the forced suspension of manufacturing and production, the COVID-19 pandemic has resulted in the collapse of most enterprises worldwide. As a result, the growth rate of the world economy has decreased to its lowest point. The majority of companies across all industries are interdependent and a part of the market's main supply chains.
Scope of the Report:
Report Metric Details
Market size available for years 2019-2033
Base year considered 2022
Forecast period 2023-2033
Segments covered By Vehicle Type, By Spring Type, By Material, By Sales Channel
Regions covered North America, Asia-Pacific, Latin America, Middle East & Africa and Europe
Companies Covered American Showa Inc., Continental A, Draco Spring Mfg. Co., Eaton Detroit Spring, Jamna Auto Industries, Kilen Springs, Marelli SpA, NHK Springs, Coil Spring Co., Showa Corporation, Others
Automotive Spring Market Segmentation:
By Vehicle Type: Based on the Vehicle Type, Global Automotive Suspension Spring Market is segmented as; Commercial Vehicles, Passenger Cars.
By Spring Type: Based on the Spring Type, Global Automotive Suspension Spring Market is segmented as; Coil Spring, Leaf Spring, Torsion Bar.
By Material: Based on the Material, Global Automotive Suspension Spring Market is segmented as; Alloy Steel, Carbon Steel, Stainless Steel, Others.
By Sales Channel: Based on the Sales Channel, Global Automotive Suspension Spring Market is segmented as; Aftermarket, OEM.
Table of Contents
1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER's internal database
- 2.1.4. Premium insight from KOL's
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
3. Executive Summary
4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Global Automotive Suspension Spring Market
5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER's Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
6. Competitive Landscape
- 6.1. Global Automotive Suspension Spring Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Global Automotive Suspension Spring Market
7. Global Automotive Suspension Spring Market, By Vehicle Type (USD Million)
- 7.1. Global Automotive Suspension Spring Market Value Share and Forecast, By Vehicle Type, 2023-2033
- 7.2. Commercial Vehicles
- 7.3. Passenger Cars
8. Global Automotive Suspension Spring Market, By Spring Type (USD Million)
- 8.1. Global Automotive Suspension Spring Market Value Share and Forecast, By Spring Type, 2023-2033
- 8.2. Coil Spring
- 8.3. Leaf Spring
- 8.4. Torsion Bar
9. Global Automotive Suspension Spring Market, By Material (USD Million)
- 9.1. Global Automotive Suspension Spring Market Value Share and Forecast, By Material, 2023-2033
- 9.2. Alloy Steel
- 9.3. Carbon Steel
- 9.4. Stainless Steel
- 9.5. Others
10. Global Automotive Suspension Spring Market, By Sales Channel (USD Million)
- 10.1. Global Automotive Suspension Spring Market Value Share and Forecast, By Sales Channel, 2023-2033
- 10.2. Aftermarket
- 10.3. OEM
11. Global Automotive Suspension Spring Market Forecast, 2019-2033 (USD Million)
- 11.1. Global Automotive Suspension Spring Market Size and Market Share
12. Global Automotive Suspension Spring Market, By Vehicle Type, 2019-2033 (USD Million)
- 12.1. Global Automotive Suspension Spring Market Size and Market Share By Vehicle Type (2019-2026)
- 12.2. Global Automotive Suspension Spring Market Size and Market Share By Vehicle Type (2027-2033)
13. Global Automotive Suspension Spring Market, By Spring Type, 2019-2033 (USD Million)
- 13.1. Global Automotive Suspension Spring Market Size and Market Share By Spring Type (2019-2026)
- 13.2. Global Automotive Suspension Spring Market Size and Market Share By Spring Type (2027-2033)
14. Global Automotive Suspension Spring Market, By Material, 2019-2033 (USD Million)
- 14.1. Global Automotive Suspension Spring Market Size and Market Share By Material (2019-2026)
- 14.2. Global Automotive Suspension Spring Market Size and Market Share By Material (2027-2033)
15. Global Automotive Suspension Spring Market, By Sales Channel, 2019-2033 (USD Million)
- 15.1. Global Automotive Suspension Spring Market Size and Market Share By Sales Channel (2019-2026)
- 15.2. Global Automotive Suspension Spring Market Size and Market Share By Sales Channel (2027-2033)
16. Global Automotive Suspension Spring Market, By Region, 2019-2033 (USD Million)
- 16.1. Global Automotive Suspension Spring Market Size and Market Share By Region (2019-2026)
- 16.2. Global Automotive Suspension Spring Market Size and Market Share By Region (2027-2033)
- 16.3. Asia-Pacific
- 16.3.1. Australia
- 16.3.2. China
- 16.3.3. India
- 16.3.4. Japan
- 16.3.5. South Korea
- 16.3.6. Rest of Asia-Pacific
- 16.4. Europe
- 16.4.1. France
- 16.4.2. Germany
- 16.4.3. Italy
- 16.4.4. Spain
- 16.4.5. United Kingdom
- 16.4.6. Rest of Europe
- 16.5. Middle East and Africa
- 16.5.1. Kingdom of Saudi Arabia
- 16.5.2. United Arab Emirates
- 16.5.3. Rest of Middle East & Africa
- 16.6. North America
- 16.6.1. Canada
- 16.6.2. Mexico
- 16.6.3. United States
- 16.7. Latin America
- 16.7.1. Argentina
- 16.7.2. Brazil
- 16.7.3. Rest of Latin America
17. Company Profile
- 17.1. American Showa Inc.
- 17.1.1. Company details
- 17.1.2. Financial outlook
- 17.1.3. Product summary
- 17.1.4. Recent developments
- 17.2. Continental A
- 17.2.1. Company details
- 17.2.2. Financial outlook
- 17.2.3. Product summary
- 17.2.4. Recent developments
- 17.3. Draco Spring Mfg. Co.
- 17.3.1. Company details
- 17.3.2. Financial outlook
- 17.3.3. Product summary
- 17.3.4. Recent developments
- 17.4. Eaton Detroit Spring
- 17.4.1. Company details
- 17.4.2. Financial outlook
- 17.4.3. Product summary
- 17.4.4. Recent developments
- 17.5. EMCO
- 17.5.1. Company details
- 17.5.2. Financial outlook
- 17.5.3. Product summary
- 17.5.4. Recent developments
- 17.6. FAW Auto Industries
- 17.6.1. Company details
- 17.6.2. Financial outlook
- 17.6.3. Product summary
- 17.6.4. Recent developments
- 17.7. Hendrickson
- 17.7.1. Company details
- 17.7.2. Financial outlook
- 17.7.3. Product summary
- 17.7.4. Recent developments
- 17.8. Jamna Auto Industries
- 17.8.1. Company details
- 17.8.2. Financial outlook
- 17.8.3. Product summary
- 17.8.4. Recent developments
- 17.9. Kilen Springs
- 17.9.1. Company details
- 17.9.2. Financial outlook
- 17.9.3. Product summary
- 17.9.4. Recent developments
- 17.10. Marelli SpA
- 17.10.1. Company details
- 17.10.2. Financial outlook
- 17.10.3. Product summary
- 17.10.4. Recent developments
- 17.11. NHK Springs
- 17.11.1. Company details
- 17.11.2. Financial outlook
- 17.11.3. Product summary
- 17.11.4. Recent developments
- 17.12. Coil Spring Co.
- 17.12.1. Company details
- 17.12.2. Financial outlook
- 17.12.3. Product summary
- 17.12.4. Recent developments
- 17.13. Showa Corporation
- 17.13.1. Company details
- 17.13.2. Financial outlook
- 17.13.3. Product summary
- 17.13.4. Recent developments
- 17.14. Others
18. List of Abbreviations
19. Reference Links
20. Conclusion
21. Research Scope