Global Leaf Spring Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Leaf Spring Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Leaf Spring is a simple form of spring commonly used for the suspension in wheeled vehicles. Usually, Leaf spring is assembly of several leaf springs which is made of steel. At present, leaf spring assembly is mostly applied on commercial vehicles.

Leaf spring assembly has its advantages compared to the coil spring. Leaf spring assembly has a stronger bearing capacity but a weaker comfort.

According to our (Global Info Research) latest study, the global Leaf Spring market size was valued at US$ 3372 million in 2023 and is forecast to a readjusted size of USD 3655 million by 2030 with a CAGR of 1.2% during review period.

Global Leaf Spring key players include Fangda, Hendrickson, Dongfegn, Jamna Auto Industries, Fawer, etc. Global top five manufacturers hold a share over 25%.

China is the largest market, with a share about 40%, followed by Europe, and North America, both have a share about 30 percent.

In terms of product, Multi-leaf is the largest segment, with a share over 65%. And in terms of application, the largest application is Truck, followed by Bus, etc.

This report is a detailed and comprehensive analysis for global Leaf Spring market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Leaf Spring market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Leaf Spring market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Leaf Spring market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Leaf Spring market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Leaf Spring

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Leaf Spring market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Fangda, Hendrickson, Dongfegn, Jamna Auto Industries, Fawer, RSA, Shuaichao, Eaton Detroit Spring, Chongqing Hongqi, Hubei Shenfeng, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Leaf Spring market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Multi-Leaf Spring
Mono-Leaf Spring

Market segment by Application
Bus
Truck
Others

Major players covered
Fangda
Hendrickson
Dongfegn
Jamna Auto Industries
Fawer
RSA
Shuaichao
Eaton Detroit Spring
Chongqing Hongqi
Hubei Shenfeng
NHK Spring
Leopord
Mitsubishi Steel
Shuangli Banhuang
OLGUN CELIK
Standens
Owen Springs
Hayward
Hunan Yitong
Sogefi
Anhui Anhuang
Shandong Fangcheng
Zhengzhou Xinjiaotong
Jiangxi Automobile Leaf Spring
Eagle Suspensions

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 Leaf Spring product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Leaf Spring, with price, sales quantity, revenue, and global market share of Leaf Spring from 2019 to 2024.

Chapter 3, the Leaf Spring competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Leaf Spring breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

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 2019 to 2024.and Leaf Spring market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Leaf Spring.

Chapter 14 and 15, to describe Leaf Spring sales channel, distributors, customers, research findings and conclusion.