US Spring Market - Forecasts & Trends (2017-2025)
This report is best suitable for you if you:
• Are planning to enter a new geographical market and wish to know which one is best for your product
• Already work in a given market and want to update your knowledge on the topic
• Are developing/reviewing your company strategy and wish to know the existing trends in the market
• Want to find the best country to import a product from
• Are consulting a client in the given industry and wish to get a deep understanding of the situation in the market
• Are planning to open new production facilities and wish to choose the best location.
The report serves the above mentioned purposes by providing a deep survey of the key indicators of the spring market. It includes a market overview, which consolidates the key conclusions made from the analysis of the market survey, giving insights on the most influential markets based on the comparative analysis. The report also provides a forecast of how the market is expected to change in the coming years, based on historical trends, external and internal factors, and the main drivers changing the market. Each section contains a an in-depth study of the data provided. Specifically, the report exhibits the historical developments and actual prospects of spring production volumes, consumption data, as well as producer prices.
The trade section provides crucial data, such as historical data on imports/exports, changes in the direction of trade, as well as import/export prices. Analysis of spring trade shows the opportunities that are opening before producers and suppliers in a changing market.
Product coverage: Hot formed steel springs, excluding wire; Cold formed steel springs, excluding wire; Precision mechanical wire springs.
Countries coverage: the U.S.
In 2015, the value of spring production in the U.S. amounted to $3.8B, increasing by +3.6% against the previous year level. Overall, the U.S. spring output pursued a significant growth from 2007 to 2015. The total output figures increased at an average annual rate of +3.1%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2011, when the output figure increased by +22% from the previous year level. Over the period under review, the total value of spring shipments reached its maximum level in 2015, and is likely to continue its growth in the immediate term.
Other wire springs accounted for the highest share (32% in 2015) of U.S. spring manufacturing, leaving a considerable room for precision mechanical wire springs (28%). The other related products with less notable individual shares together comprised approx. 39% of the total output.
• Spring market value and size;
• Major trends in the spring market;
• Forecast of the market dynamics in the medium term;
• Exports, imports and trade balance;
• Import and export prices;
• Life cycle of the spring industry;
• Number of establishments and their locations;
• Spring industry productivity.
• Key market players and their profiles.
Our methodology consists of obtaining information from various trusted sources (both paid and open), which include, but are not limited to:
• International official statistical agencies
• Governmental statistical agencies
• Official trade statistics
• Paid trade databases
• Industrial associations
• Company reports
• Industry experts.
Heraeus Medical Components,
Bal Seal Engineering,
Dudek & Bock Spring Manufacturing Co ,
Spring Suhm Works ,
Mubea, Matthew Warren,
The Caldwell Manufacturing Company,
Automatic Spring Products Corporation,
Peterson American Corp.,
Oshkosh Coil Spring,
Winamac Coil Spring ,
Spring Rowley & Stamping Corporation,
The Mapes Piano String Co,
R & L Spring Company,
Haven Steel Products,
Spring Newcomb Corp,
Rassini Chassis Systems,
Precision Products Group,
Mssc US ,
Prestolite Wire Corporation,
Ssab Texas Inc,
Wire Products Company,
Suzuki Garphyttan Corp.,
Nhk Spring Precision of America,
Our research team compare the information gathered, confirm it with sources when required, and analyze the collected data, developing a full clear picture of the market and coming up with the final numbers. It is crucial to understand the trends of the market, for which we do provide study, taking into account events in the market, in adjacent and related markets, raw material markets, and markets, which are the main demand creators for the product under research. As for the forecast, it is conducted using analytical models of data on consumption, production, exports, imports, prices, as well as the industry trends, economic trends, consumption trends, possible political and technological trends.
IndexBox is a leading market research publisher in the world. You can find more than 25,000 research reports in our web store, which cover global industries and regional markets. All the worldwide marketing data you need is at your fingertips.
Company Name: IndexBox
Contact Person: Kirill Bezverhi
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