Transportation & Logistics Industry Today

Global Leaf Spring Sales Market Research Report 2018

The global Leaf Spring market is valued at 3060 million US$ in 2017 and will reach 3370 million US$ by the end of 2025, growing at a CAGR of 1.2% during 2018-2025.
Published 21 June 2018
This report studies the global Leaf Spring market status and forecast, categorizes the global Leaf Spring market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).

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.

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Due to developing of commercial vehicle market, demand of Leaf Spring is growing higher. In recent years, due to the policy promoting, commercial vehicle in Europe and USA mostly use air suspensions. However, developing countries are still providing strong demand of Leaf Spring, such as China, India and Middle East etc. Viewed from the supply side, there are many manufacturers in the Leaf Spring industry, while from the demand side; the current demand for Leaf Spring is growing.

At present, there are many domestic manufacturers in China. Most of the domestic companies have less technology and financial ability and they are facing the competition from the foreign companies.

To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of the domestic companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. Due to the stable automotive OEM market, Leaf Spring market will still be a market leading by a few companies in future.

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In order to feed the changing technical requirements, Leaf Spring manufacturers need to pay attention to the technical innovation. In future, high performance and new material will be the technology trends of Leaf Spring.

The global Leaf Spring market is valued at 3060 million US$ in 2017 and will reach 3370 million US$ by the end of 2025, growing at a CAGR of 1.2% during 2018-2025.

The major players covered in this report

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

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

  •     United States
  •     Europe
  •     China
  •     Japan
  •     Southeast Asia
  •     India

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

  •     Multi-leaf Spring
  •     Mono-leaf Spring

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

  •     Bus
  •     Truck
  •     Other
Click to view the full report TOC, figure and tables:

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