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Automobile & Transportation Global Suspension Spring Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029

  • RnM2790950
    • |
  • 17 September, 2023
    • |
  • Global
    • |
  • 123 Pages
    • |
  • GIR (Global Info Research)
    • |
  • Automobile & Transportation

According to our (Global Info Research) latest study, the global Suspension Spring market size was valued at USD 7027.6 million in 2022 and is forecast to a readjusted size of USD 8374.3 million by 2029 with a CAGR of 2.5% during review period.
A suspension spring is a component of a vehicle's suspension system that helps absorb shocks, maintain tire contact with the road, and provide a comfortable and stable ride. It is responsible for supporting the weight of the vehicle and minimizing the effects of road irregularities.
Global 5 largest manufacturers of Suspension Spring are NHK Spring, Rassini, Vibracoustic, Mubea and Sogefi, which make up about 37%. Among them, NHK Spring is the leader with about 9% market share.
Asia-Pacific is the largest market, with a share about 52%, followed by Europe and North America, with share about 22% and 15%. In terms of product type, Coil Spring occupy the largest share of the total market, about 45%. And in terms of product application, the largest application is Passenger Car, followed by Commercial Vehicle.
The Global Info Research report includes an overview of the development of the Suspension Spring industry chain, the market status of Passenger Car (Coil Spring, Air Spring), Commercial Vehicle (Coil Spring, Air Spring), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Suspension Spring.
Regionally, the report analyzes the Suspension Spring markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Suspension Spring market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Suspension Spring market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Suspension Spring industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Coil Spring, Air Spring).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Suspension Spring market.
Regional Analysis: The report involves examining the Suspension Spring market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Suspension Spring market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Suspension Spring:
Company Analysis: Report covers individual Suspension Spring manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Suspension Spring This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Passenger Car, Commercial Vehicle).
Technology Analysis: Report covers specific technologies relevant to Suspension Spring. It assesses the current state, advancements, and potential future developments in Suspension Spring areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Suspension Spring market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Suspension Spring market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Coil Spring
Air Spring
Leaf Spring
Market segment by Application
Passenger Car
Commercial Vehicle
Major players covered
NHK Spring
Rassini
Vibracoustic
Mubea
Sogefi
Continental
Mitsubishi Steel
Hendrickson
Thyssenkrupp
Jamna Auto Industries
Chuo Spring
Firestone
Dongfeng Motor Suspension
Fangda Special Steel
Lesjöfors
Zhejiang Meili
Hwaway
Fawer
Eibach
KYB
Shandong Leopard
Betts Spring
Vikrant Auto
BJ Spring
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Suspension Spring product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Suspension Spring, with price, sales, revenue and global market share of Suspension Spring from 2018 to 2023.
Chapter 3, the Suspension Spring competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Suspension Spring breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Suspension Spring market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Suspension Spring.
Chapter 14 and 15, to describe Suspension Spring sales channel, distributors, customers, research findings and conclusion.


1 Market Overview

  • 1.1 Product Overview and Scope of Suspension Spring
  • 1.2 Market Estimation Caveats and Base Year
  • 1.3 Market Analysis by Type
    • 1.3.1 Overview: Global Suspension Spring Consumption Value by Type: 2018 Versus 2022 Versus 2029
    • 1.3.2 Coil Spring
    • 1.3.3 Air Spring
    • 1.3.4 Leaf Spring
  • 1.4 Market Analysis by Application
    • 1.4.1 Overview: Global Suspension Spring Consumption Value by Application: 2018 Versus 2022 Versus 2029
    • 1.4.2 Passenger Car
    • 1.4.3 Commercial Vehicle
  • 1.5 Global Suspension Spring Market Size & Forecast
    • 1.5.1 Global Suspension Spring Consumption Value (2018 & 2022 & 2029)
    • 1.5.2 Global Suspension Spring Sales Quantity (2018-2029)
    • 1.5.3 Global Suspension Spring Average Price (2018-2029)

2 Manufacturers Profiles

  • 2.1 NHK Spring
    • 2.1.1 NHK Spring Details
    • 2.1.2 NHK Spring Major Business
    • 2.1.3 NHK Spring Suspension Spring Product and Services
    • 2.1.4 NHK Spring Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.1.5 NHK Spring Recent Developments/Updates
  • 2.2 Rassini
    • 2.2.1 Rassini Details
    • 2.2.2 Rassini Major Business
    • 2.2.3 Rassini Suspension Spring Product and Services
    • 2.2.4 Rassini Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.2.5 Rassini Recent Developments/Updates
  • 2.3 Vibracoustic
    • 2.3.1 Vibracoustic Details
    • 2.3.2 Vibracoustic Major Business
    • 2.3.3 Vibracoustic Suspension Spring Product and Services
    • 2.3.4 Vibracoustic Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.3.5 Vibracoustic Recent Developments/Updates
  • 2.4 Mubea
    • 2.4.1 Mubea Details
    • 2.4.2 Mubea Major Business
    • 2.4.3 Mubea Suspension Spring Product and Services
    • 2.4.4 Mubea Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.4.5 Mubea Recent Developments/Updates
  • 2.5 Sogefi
    • 2.5.1 Sogefi Details
    • 2.5.2 Sogefi Major Business
    • 2.5.3 Sogefi Suspension Spring Product and Services
    • 2.5.4 Sogefi Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.5.5 Sogefi Recent Developments/Updates
  • 2.6 Continental
    • 2.6.1 Continental Details
    • 2.6.2 Continental Major Business
    • 2.6.3 Continental Suspension Spring Product and Services
    • 2.6.4 Continental Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.6.5 Continental Recent Developments/Updates
  • 2.7 Mitsubishi Steel
    • 2.7.1 Mitsubishi Steel Details
    • 2.7.2 Mitsubishi Steel Major Business
    • 2.7.3 Mitsubishi Steel Suspension Spring Product and Services
    • 2.7.4 Mitsubishi Steel Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.7.5 Mitsubishi Steel Recent Developments/Updates
  • 2.8 Hendrickson
    • 2.8.1 Hendrickson Details
    • 2.8.2 Hendrickson Major Business
    • 2.8.3 Hendrickson Suspension Spring Product and Services
    • 2.8.4 Hendrickson Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.8.5 Hendrickson Recent Developments/Updates
  • 2.9 Thyssenkrupp
    • 2.9.1 Thyssenkrupp Details
    • 2.9.2 Thyssenkrupp Major Business
    • 2.9.3 Thyssenkrupp Suspension Spring Product and Services
    • 2.9.4 Thyssenkrupp Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.9.5 Thyssenkrupp Recent Developments/Updates
  • 2.10 Jamna Auto Industries
    • 2.10.1 Jamna Auto Industries Details
    • 2.10.2 Jamna Auto Industries Major Business
    • 2.10.3 Jamna Auto Industries Suspension Spring Product and Services
    • 2.10.4 Jamna Auto Industries Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.10.5 Jamna Auto Industries Recent Developments/Updates
  • 2.11 Chuo Spring
    • 2.11.1 Chuo Spring Details
    • 2.11.2 Chuo Spring Major Business
    • 2.11.3 Chuo Spring Suspension Spring Product and Services
    • 2.11.4 Chuo Spring Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.11.5 Chuo Spring Recent Developments/Updates
  • 2.12 Firestone
    • 2.12.1 Firestone Details
    • 2.12.2 Firestone Major Business
    • 2.12.3 Firestone Suspension Spring Product and Services
    • 2.12.4 Firestone Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.12.5 Firestone Recent Developments/Updates
  • 2.13 Dongfeng Motor Suspension
    • 2.13.1 Dongfeng Motor Suspension Details
    • 2.13.2 Dongfeng Motor Suspension Major Business
    • 2.13.3 Dongfeng Motor Suspension Suspension Spring Product and Services
    • 2.13.4 Dongfeng Motor Suspension Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.13.5 Dongfeng Motor Suspension Recent Developments/Updates
  • 2.14 Fangda Special Steel
    • 2.14.1 Fangda Special Steel Details
    • 2.14.2 Fangda Special Steel Major Business
    • 2.14.3 Fangda Special Steel Suspension Spring Product and Services
    • 2.14.4 Fangda Special Steel Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.14.5 Fangda Special Steel Recent Developments/Updates
  • 2.15 Lesjöfors
    • 2.15.1 Lesjöfors Details
    • 2.15.2 Lesjöfors Major Business
    • 2.15.3 Lesjöfors Suspension Spring Product and Services
    • 2.15.4 Lesjöfors Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.15.5 Lesjöfors Recent Developments/Updates
  • 2.16 Zhejiang Meili
    • 2.16.1 Zhejiang Meili Details
    • 2.16.2 Zhejiang Meili Major Business
    • 2.16.3 Zhejiang Meili Suspension Spring Product and Services
    • 2.16.4 Zhejiang Meili Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.16.5 Zhejiang Meili Recent Developments/Updates
  • 2.17 Hwaway
    • 2.17.1 Hwaway Details
    • 2.17.2 Hwaway Major Business
    • 2.17.3 Hwaway Suspension Spring Product and Services
    • 2.17.4 Hwaway Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.17.5 Hwaway Recent Developments/Updates
  • 2.18 Fawer
    • 2.18.1 Fawer Details
    • 2.18.2 Fawer Major Business
    • 2.18.3 Fawer Suspension Spring Product and Services
    • 2.18.4 Fawer Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.18.5 Fawer Recent Developments/Updates
  • 2.19 Eibach
    • 2.19.1 Eibach Details
    • 2.19.2 Eibach Major Business
    • 2.19.3 Eibach Suspension Spring Product and Services
    • 2.19.4 Eibach Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.19.5 Eibach Recent Developments/Updates
  • 2.20 KYB
    • 2.20.1 KYB Details
    • 2.20.2 KYB Major Business
    • 2.20.3 KYB Suspension Spring Product and Services
    • 2.20.4 KYB Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.20.5 KYB Recent Developments/Updates
  • 2.21 Shandong Leopard
    • 2.21.1 Shandong Leopard Details
    • 2.21.2 Shandong Leopard Major Business
    • 2.21.3 Shandong Leopard Suspension Spring Product and Services
    • 2.21.4 Shandong Leopard Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.21.5 Shandong Leopard Recent Developments/Updates
  • 2.22 Betts Spring
    • 2.22.1 Betts Spring Details
    • 2.22.2 Betts Spring Major Business
    • 2.22.3 Betts Spring Suspension Spring Product and Services
    • 2.22.4 Betts Spring Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.22.5 Betts Spring Recent Developments/Updates
  • 2.23 Vikrant Auto
    • 2.23.1 Vikrant Auto Details
    • 2.23.2 Vikrant Auto Major Business
    • 2.23.3 Vikrant Auto Suspension Spring Product and Services
    • 2.23.4 Vikrant Auto Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.23.5 Vikrant Auto Recent Developments/Updates
  • 2.24 BJ Spring
    • 2.24.1 BJ Spring Details
    • 2.24.2 BJ Spring Major Business
    • 2.24.3 BJ Spring Suspension Spring Product and Services
    • 2.24.4 BJ Spring Suspension Spring Sales Quantity, Average Price, Revenue, Gross Margin and Market Share (2018-2023)
    • 2.24.5 BJ Spring Recent Developments/Updates

3 Competitive Environment: Suspension Spring by Manufacturer

  • 3.1 Global Suspension Spring Sales Quantity by Manufacturer (2018-2023)
  • 3.2 Global Suspension Spring Revenue by Manufacturer (2018-2023)
  • 3.3 Global Suspension Spring Average Price by Manufacturer (2018-2023)
  • 3.4 Market Share Analysis (2022)
    • 3.4.1 Producer Shipments of Suspension Spring by Manufacturer Revenue ($MM) and Market Share (%): 2022
    • 3.4.2 Top 3 Suspension Spring Manufacturer Market Share in 2022
    • 3.4.2 Top 6 Suspension Spring Manufacturer Market Share in 2022
  • 3.5 Suspension Spring Market: Overall Company Footprint Analysis
    • 3.5.1 Suspension Spring Market: Region Footprint
    • 3.5.2 Suspension Spring Market: Company Product Type Footprint
    • 3.5.3 Suspension Spring Market: Company Product Application Footprint
  • 3.6 New Market Entrants and Barriers to Market Entry
  • 3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

  • 4.1 Global Suspension Spring Market Size by Region
    • 4.1.1 Global Suspension Spring Sales Quantity by Region (2018-2029)
    • 4.1.2 Global Suspension Spring Consumption Value by Region (2018-2029)
    • 4.1.3 Global Suspension Spring Average Price by Region (2018-2029)
  • 4.2 North America Suspension Spring Consumption Value (2018-2029)
  • 4.3 Europe Suspension Spring Consumption Value (2018-2029)
  • 4.4 Asia-Pacific Suspension Spring Consumption Value (2018-2029)
  • 4.5 South America Suspension Spring Consumption Value (2018-2029)
  • 4.6 Middle East and Africa Suspension Spring Consumption Value (2018-2029)

5 Market Segment by Type

  • 5.1 Global Suspension Spring Sales Quantity by Type (2018-2029)
  • 5.2 Global Suspension Spring Consumption Value by Type (2018-2029)
  • 5.3 Global Suspension Spring Average Price by Type (2018-2029)

6 Market Segment by Application

  • 6.1 Global Suspension Spring Sales Quantity by Application (2018-2029)
  • 6.2 Global Suspension Spring Consumption Value by Application (2018-2029)
  • 6.3 Global Suspension Spring Average Price by Application (2018-2029)

7 North America

  • 7.1 North America Suspension Spring Sales Quantity by Type (2018-2029)
  • 7.2 North America Suspension Spring Sales Quantity by Application (2018-2029)
  • 7.3 North America Suspension Spring Market Size by Country
    • 7.3.1 North America Suspension Spring Sales Quantity by Country (2018-2029)
    • 7.3.2 North America Suspension Spring Consumption Value by Country (2018-2029)
    • 7.3.3 United States Market Size and Forecast (2018-2029)
    • 7.3.4 Canada Market Size and Forecast (2018-2029)
    • 7.3.5 Mexico Market Size and Forecast (2018-2029)

8 Europe

  • 8.1 Europe Suspension Spring Sales Quantity by Type (2018-2029)
  • 8.2 Europe Suspension Spring Sales Quantity by Application (2018-2029)
  • 8.3 Europe Suspension Spring Market Size by Country
    • 8.3.1 Europe Suspension Spring Sales Quantity by Country (2018-2029)
    • 8.3.2 Europe Suspension Spring Consumption Value by Country (2018-2029)
    • 8.3.3 Germany Market Size and Forecast (2018-2029)
    • 8.3.4 France Market Size and Forecast (2018-2029)
    • 8.3.5 United Kingdom Market Size and Forecast (2018-2029)
    • 8.3.6 Russia Market Size and Forecast (2018-2029)
    • 8.3.7 Italy Market Size and Forecast (2018-2029)

9 Asia-Pacific

  • 9.1 Asia-Pacific Suspension Spring Sales Quantity by Type (2018-2029)
  • 9.2 Asia-Pacific Suspension Spring Sales Quantity by Application (2018-2029)
  • 9.3 Asia-Pacific Suspension Spring Market Size by Region
    • 9.3.1 Asia-Pacific Suspension Spring Sales Quantity by Region (2018-2029)
    • 9.3.2 Asia-Pacific Suspension Spring Consumption Value by Region (2018-2029)
    • 9.3.3 China Market Size and Forecast (2018-2029)
    • 9.3.4 Japan Market Size and Forecast (2018-2029)
    • 9.3.5 Korea Market Size and Forecast (2018-2029)
    • 9.3.6 India Market Size and Forecast (2018-2029)
    • 9.3.7 Southeast Asia Market Size and Forecast (2018-2029)
    • 9.3.8 Australia Market Size and Forecast (2018-2029)

10 South America

  • 10.1 South America Suspension Spring Sales Quantity by Type (2018-2029)
  • 10.2 South America Suspension Spring Sales Quantity by Application (2018-2029)
  • 10.3 South America Suspension Spring Market Size by Country
    • 10.3.1 South America Suspension Spring Sales Quantity by Country (2018-2029)
    • 10.3.2 South America Suspension Spring Consumption Value by Country (2018-2029)
    • 10.3.3 Brazil Market Size and Forecast (2018-2029)
    • 10.3.4 Argentina Market Size and Forecast (2018-2029)

11 Middle East & Africa

  • 11.1 Middle East & Africa Suspension Spring Sales Quantity by Type (2018-2029)
  • 11.2 Middle East & Africa Suspension Spring Sales Quantity by Application (2018-2029)
  • 11.3 Middle East & Africa Suspension Spring Market Size by Country
    • 11.3.1 Middle East & Africa Suspension Spring Sales Quantity by Country (2018-2029)
    • 11.3.2 Middle East & Africa Suspension Spring Consumption Value by Country (2018-2029)
    • 11.3.3 Turkey Market Size and Forecast (2018-2029)
    • 11.3.4 Egypt Market Size and Forecast (2018-2029)
    • 11.3.5 Saudi Arabia Market Size and Forecast (2018-2029)
    • 11.3.6 South Africa Market Size and Forecast (2018-2029)

12 Market Dynamics

  • 12.1 Suspension Spring Market Drivers
  • 12.2 Suspension Spring Market Restraints
  • 12.3 Suspension Spring Trends Analysis
  • 12.4 Porters Five Forces Analysis
    • 12.4.1 Threat of New Entrants
    • 12.4.2 Bargaining Power of Suppliers
    • 12.4.3 Bargaining Power of Buyers
    • 12.4.4 Threat of Substitutes
    • 12.4.5 Competitive Rivalry
  • 12.5 Influence of COVID-19 and Russia-Ukraine War
    • 12.5.1 Influence of COVID-19
    • 12.5.2 Influence of Russia-Ukraine War

13 Raw Material and Industry Chain

  • 13.1 Raw Material of Suspension Spring and Key Manufacturers
  • 13.2 Manufacturing Costs Percentage of Suspension Spring
  • 13.3 Suspension Spring Production Process
  • 13.4 Suspension Spring Industrial Chain

14 Shipments by Distribution Channel

  • 14.1 Sales Channel
    • 14.1.1 Direct to End-User
    • 14.1.2 Distributors
  • 14.2 Suspension Spring Typical Distributors
  • 14.3 Suspension Spring Typical Customers

15 Research Findings and Conclusion

    16 Appendix

    • 16.1 Methodology
    • 16.2 Research Process and Data Source

    Summary:
    Get latest Market Research Reports on Suspension Spring . Industry analysis & Market Report on Suspension Spring is a syndicated market report, published as Global Suspension Spring Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Suspension Spring market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.

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