Global Automotive Coil Spring Market Growth 2023-2029

Global Automotive Coil Spring Market Growth 2023-2029

A coil spring, also known as a helical spring, is a mechanical device which is typically used to store energy and subsequently release it, to absorb shock, or to maintain a force between contacting surfaces.

This report only cover coil springs used for automotive chassis/suspension.

LPI (LP Information)' newest research report, the “Automotive Coil Spring Industry Forecast” looks at past sales and reviews total world Automotive Coil Spring sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Coil Spring sales for 2023 through 2029. With Automotive Coil Spring sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Coil Spring industry.

This Insight Report provides a comprehensive analysis of the global Automotive Coil Spring landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Coil Spring portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Coil Spring market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Coil Spring and breaks down the forecast by outside diameter, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Coil Spring.

The global Automotive Coil Spring market size is projected to grow from US$ 582.1 million in 2022 to US$ 667.3 million in 2029; it is expected to grow at a CAGR of 667.3 from 2023 to 2029.

At present, there are mass of manufacturers in the market. Leading companies in the market are GKN, Sogefi Group, Mubea Fahrwerksfedern GmbH, Mitsubishi Steel, Federal-Mogul, Lesjöfors AB, NHK Spring and Kilen Springs, etc, with about 40% market shares.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Coil Spring market by product outside diameter, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by outside diameter

Below 4 Inch

Above 4 Inch

Segmentation by application

Automotive OEM

Automotive Aftermarket

This report also splits the market by region:

Americas

United States

Canada

Mexico

Brazil

APAC

China

Japan

Korea

Southeast Asia

India

Australia

Europe

Germany

France

UK

Italy

Russia

Middle East & Africa

Egypt

South Africa

Israel

Turkey

GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

GKN

Sogefi Group

Mubea Fahrwerksfedern GmbH

Mitsubishi Steel

Federal-Mogul

Lesjöfors AB

NHK Spring

Kilen Springs

Hyperco

Betts Spring

Fuda Group

LIHUAN

JinYing

Yutian Hengtong

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Coil Spring market?

What factors are driving Automotive Coil Spring market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Coil Spring market opportunities vary by end market size?

How does Automotive Coil Spring break out outside diameter, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.