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 2017. In terms of value, the market share of leaf spring is largest with nearly 60% market.
The report offers detailed coverage of Suspension Spring industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Suspension Spring by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Suspension Spring market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Suspension Spring market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
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
At the same time, we classify Suspension Spring according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Coil Spring
Air Spring
Leaf Spring
Market by Application
Coil Spring
Air Spring
Leaf Spring
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Suspension Spring market for the forecast period 2021 - 2025?
• What are the driving forces in the Suspension Spring market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Suspension Spring industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?