Press release
Automotive Leaf Spring Market Set to Witness an Uptick during 2016 - 2026 : Persistence Market Research
Automotive Leaf Spring Market, Automotive Leaf Spring
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Global Automotive Leaf Spring Market: Segmentation
The global Automotive Leaf Spring market can be segmented on the basis of spring type, material type, vehicle type and spring location
Based on the spring type, global automotive leaf spring market can be segmented into
• Mono Leaf Spring
• Multi Leaf Spring
Based on the material type, global automotive leaf spring market can be segmented into
• Metal leaf springs
• Composite leaf springs
Based on the vehicle type, global automotive leaf spring market can be segmented into
• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
Based on the location of spring, global automotive leaf spring market can be segmented into
• Front
• Rear
Global Automotive Leaf Spring Market: Dynamics
Rising vehicle production, coupled with growing population primarily in countries like Mexico, China and USA and aftermarket demand from large vehicle fleet segment is the major reason boosting the demand of automotive leaf springs and thus in turn driving the global automotive leaf spring market.
Global Automotive Leaf Spring Market: Region-wise Outlook
Considering regions, Asia-Pacific is expected to share the major share in the global automotive leaf spring market in the near future. Asia-Pacific is followed by Europe, Americas and Japan in the market. APAC is expected to dominate the other regions owing to the rising production of light commercial vehicles, heavy commercial vehicles in developing countries such as India and China.
Reduction of weight and cost of leaf springs in order to reduce the overall weight of the vehicle is one of the major challenge in the global automotive leaf spring market.
The key trend identified in the global automotive leaf spring market include the utilization of composite springs in the manufacturing of vehicles because the composite springs provide fatigue resistance, natural frequency, excellent strength to weight ratio and are five times durable as compared to their steel counterpart.
Global Automotive Leaf Spring Market: Key Players
Examples of some of the market participants in the automotive leaf spring market identified across the value chain include Hendrickson USA, L.L.C., Frauenthal Holding AG, Rassini- NHK Autopecas, Jamna Auto Industries Ltd., Dongfeng Motor Suspension Spring Co., Ltd., Olgun Celik A.S., Sogefi SpA, and others.
Product innovation, mergers & acquisitions and long term original equipment manufacturers contracts are some of the vital strategies adopted by the global manufacturers in order to enhance their position in the market.
The report covers exhaust analysis on:
• Market Segments
• Market Dynamics
• Market Size
• Supply & Demand
• Current Trends/Issues/Challenges
• Competition & Companies involved
• Technology
• Value Chain
Regional analysis includes:
• North America (U.S., Canada)
• Latin America (Mexico. Brazil)
• Western Europe (Germany, Italy, France, U.K, Spain)
• Eastern Europe (Poland, Russia)
• Asia Pacific (China, India, ASEAN, Australia & New Zealand)
• Japan
• Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
For more information, please e-mail us at: sales@persistencemarketresearch.com
Report Highlights:
• Detailed overview of parent market
• Changing market dynamics in the industry
• In-depth market segmentation
• Historical, current, and projected market size in terms of volume and value
• Recent industry trends and developments
• Competitive landscape
• Strategies of key players and products offered
• Potential and niche segments, geographical regions exhibiting promising growth
• A neutral perspective on market performance
• Must-have information for market players to sustain and enhance their market footprint
About Us
Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.
PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.
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