openPR Logo
Press release

Automotive Leaf Spring Market is expected to register CAGR of 6.5% by 2027 | Rassini (Mexico), Hendrickson USA L.L.C. , Sogefi SpA , Jamna Auto Industries

10-14-2022 11:10 AM CET | Logistics & Transport

Press release from: Market Research Future - MRFR

Automotive Leaf Spring Market

Automotive Leaf Spring Market

Automotive Leaf Spring Market Overview

The global automobile leaf spring market was estimated at a CAGR of 6.5% by 2025 during the forecast period. The automotive leaf spring was used as the suspension system which supports the vehicle by absorbing the bumps on uneven road tracks. Such a type of spring comprises leaves that consist of one or more leaves. These are the type of traditional suspension systems for wheeled vehicles and are mainly used in LCVs and HCVs. The manufacturing process of automotive leaf springs includes shearing of flat bars, center hole punching, heating treatment, and heating process.

The demand for the global automobile leaf spring market increased as the demand for light commercial vehicles and the demand for vehicle comfort during the long run increased. There was also an increase in per capita disposable income which increases the concern for the service of vehicles and comfort of the vehicles which increases the demand and consumption of automotive leaf springs across OEMs and aftermarkets. The demand for light commercial vehicles was fueled by the rapid expansion of the global e-commerce industry.

Get Free Sample of Report @

The demand for light commercial vehicles also increases the demand for the global automobile leaf spring market. The lightweight components' growth led to the reduction of the weight of the vehicle and improve its performance of the vehicle. During the forecast period, the use of lightweight components provides an opportunity for the global automobile leaf spring market. The composite leaf springs replace the steel leaf springs in heavy commercial vehicles.

During the forecast period, the continuous fluctuation in the prices of raw materials and changes in the policies of the trade led to a decrease in the growth of the global automobile leaf spring market. The parabolic segment dominates the global automobile leaf spring market during the forecast period. During the forecast period, the metal segment dominates the market in terms of both, value and volume.

The intended audience involved in the global automobile leaf spring market is auto leaf spring manufacturers, traders and exporters, automotive components manufacturers, automotive components distributors & dealers/ retailers, and automotive suspension manufacturers.

Automotive Leaf Spring Market Segmentation

The global automobile leaf spring market was segmented based on type, material, sales channel, and vehicle type.

Based on type, the global automobile leaf spring market was divided into semi elliptic, parabolic, elliptic, and others.

Based on material, the global automobile leaf spring market was divided into composite and metal.

Based on sales channel, the global automobile leaf spring market was divided into aftermarket and OEM.

Based on vehicle type, the global automobile leaf spring market was divided into heavy commercial vehicles, passenger cars, and light commercial vehicles.

Read Report Overview @

Automotive Leaf Spring Market Regional Classification

The global automobile leaf spring market was spread in the following regions - Asia-Pacific, Europe, North America, and rest of the World.

Automotive Leaf Spring Industry News

The key players involved in the global automobile leaf spring market are LITE FLEX (US); Rassini (Mexico); IFC Composite GmbH (Germany); Hendrickson USA, L.L.C. (US); NHK Springs Co. Ltd (Japan); Sogefi SpA (Italy); Benteler-SGL (Austria); Jamna Auto Industries (India), OlgunCelik San. Tic. A.S (Turkey) and Emco Industries (India).

Table Of Contents

1. Executive Summary

2. Scope Of The Report

2.1. Market Definition

2.2. Scope Of The Study

2.2.1. Definition

2.2.2. Research Objective

2.2.3. Assumptions

2.2.4. Limitations

2.3. Research Process

2.3.1. Primary Research

2.3.2. Secondary Research

2.4. Market Size Estimation

2.5. Forecast Model

3. Market Landscape

3.1. Porter's Five Forces Analysis

3.1.1. Threat Of New Entrants

3.1.2. Bargaining Power Of Buyers

3.1.3. Threat Of Substitutes

3.1.4. Segment Rivalry

3.1.5. Bargaining Power Of Buyers

3.2. Value Chain/Supply Chain Analysis

4. Market Dynamics

4.1. Introduction

4.2. Market Drivers

4.3. Market Restraints

4.4. Market Opportunities

4.5. Market Trends

5. Global Automotive Leaf Spring Market, By Type

5.1. Parabolic

5.1.1. Market Estimates & Forecast, 2020-2027

5.1.2. Market Estimates & Forecast By Region, 2020-2027

5.2. Elliptic

5.2.1. Market Estimates & Forecast, 2020-2027

5.2.2. Market Estimates & Forecast By Region, 2020-2027

5.3. Semi-Elliptic

5.3.1. Market Estimates & Forecast, 2020-2027

5.3.2. Market Estimates & Forecast By Region, 2020-2027

5.4. Others

5.4.1. Market Estimates & Forecast, 2020-2027

5.4.2. Market Estimates & Forecast By Region, 2020-2027

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by Components, Application, Logistics and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Market Research Future
99 Hudson Street,5Th Floor
New York, New York 10013
United States of America

This release was published on openPR.

Permanent link to this press release:

Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Automotive Leaf Spring Market is expected to register CAGR of 6.5% by 2027 | Rassini (Mexico), Hendrickson USA L.L.C. , Sogefi SpA , Jamna Auto Industries here

News-ID: 2767590 • Views: 543

More Releases from Market Research Future - MRFR

Off-Road Equipment Market Size Worth at USD 523 billion by 2038 | Caterpillar In …
Market Overview The off-road equipment market is projected to reach USD 523 billion and at a CAGR of 4 % by 2021-2028 during the forecast period. The consumers who operate off-road vehicles include off-road equipment carrying their tasks on and above ground. The off-road vehicles come in a wide range of styles, including big mining trucks, farm equipment and more. The main factor driving market expansion is the regulations governing large machinery.
Open IoT Platform Market is Anticipated to Reach US$ 59 Billion by 2030
Market Highlights The open IoT platform market is growing rapidly over 22% of CAGR and is expected to reach at approx. USD 59 Billion by the end of forecast period. As compared to other regions, the open IoT platform market in North America is expected to witness significant growth and hold the largest market share during the forecast period. U.S and Canada are anticipated to drive the growth of open IoT platform
Digital Marketing Software Market Projected to Hit USD $264.5 Billion at a 19.20 …
Market Overview The Digital Marketing Software industry is expected to witness a growth of over USD 264.5 Billion by the year 2030 while registering a CAGR of 19.20%. The Digital Marketing Software market value was USD 23 million in the year 2019, it has witnessed a huge growth rate in a short period. The digital marketing share in the overall marketing budget of organizations and real-time marketing is on the rise,
Mobile Security Software to Will Receive Outstanding Growth of USD 42.13 Billion …
Market Overview: The market research made on the mobile security software shows a potential growth at the valuation of USD 42.13 Billion during the forecast timeline which with 2030 with a CAGR of 14.58%. The market for mobile security software is growing and further is likely to offer some of the best opportunities in the BFSI, defense, healthcare, government, IT, and telecom sector. There are some prominent drivers for such market growth

All 5 Releases

More Releases for Spring

Spring for Citrus Spring Now!
Here at Green Decore, not only are we committed to ensuring that customers across the USA have access to the latest floor décor with our fab ranges of rugs for both homes and gardens, we're also determined to ensure that everybody lives in a sweet-smelling home too. That's why we've added a stylish range of scented candles to our website. Our Vernal Collection of Scented Candles features ten fabulous fragrances, each
Compression Spring Industry 2019 Market Size, Types, Application and Top Vendors …
The Global Compression Spring Industry 2019 is increasing demand for lightweight and maintenance free springs are some of the key factors driving the market globally. Innovations in production technology which led to development of more reliable products is propelling the market towards further growth. However, lack of efficiency while carrying heavy loads may hamper the growth of this market. Get Sample copy @ Key Market Players: - Lee Spring, Acxess Spring,
Research report covers the Gas Spring Market share and Growth, 2018 to 2028(Lock …
Gas Spring Market: Introduction The evolution in the residential and automotive sectors has led to higher acceptance of equipment such as gas spring that are used for opening, lifting, closing, adjusting and positioning applications in varied fields. A gas spring is a type of spring other than typical mechanical spring that generally relies on elastic deformation. It uses compressed gas contained within a walled cylinder closed by a sliding piston to
Global Compression Springs Market Insights 2018-2025: Lee Spring,Acxess Spring,C …
Compression springs are devices made up of helically formed coils with pitch in between used to push back on an applied force or load in order to return to its original position when the force or load is released. They are the most commonly used type of spring as well as the most economical. This report studies the Compression Springs market size (value and volume) by players, regions, product types and
Global Compression Spring Market 2018 - Lee Spring, CENTURY SPRING
Apex Market Reports, recently published a detailed market research study focused on the “Compression Spring Market” across the global, regional and country level. The report provides 360° analysis of “Compression Spring Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Compression Spring on
Constant Force Spring range from Lee Spring
Constant Force Springs from Lee Spring offer an excellent mechanism for applications where a constant load is required. Some of the many applications of constant force springs are in counterbalances, door closers, cable retractors, hose retrievers, tool head returns, cabinet and furniture components, gym equipment, hair dryers, toys, electric motors, appliances, space vehicles, and other long-motion functions. Specifically, motor springs are used for cable retraction, power generation etc., while power springs