100 likes | 109 Views
This report, from Stratview Research, studies the global leaf spring market in the automotive industry over the trend period from 2013 to 2018 and the forecast period from 2019 to 2024. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
E N D
Presents a Research Report on Automotive Leaf Spring Market Automotive Leaf Spring Market by Vehicle Type (Passenger Car, Light-Duty Commercial Vehicle, Medium- & Heavy-Duty Vehicle, and Others), by Spring Type (Parabolic Leaf Spring and Multi-Leaf Spring), by Material Type (Metal Leaf Springs and Composite Leaf Springs), by Location Type (Front Suspension and Rear Suspension), by Manufacturing Process Type (Shot Peening, HP-RTM, and Others), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024 sales@stratviewresearch.com +1-313-307-4176 www.stratviewresearch.com Market Reports Advisory & Consulting Sourcing Intelligence
Automotive Leaf Spring Market Growth and Forecast Highlights & Drivers • The market for automotive leaf springs is set to reach an estimated value of US$ 5.8 billion in 2024, witnessing a healthy growth in the coming years. • Several factors are bolstering the demand for leaf springs among which, rising production of LCVs and MHCVs is the biggest growth driver. • Other noticeable driving factors are advancements in the leaf spring technology, such as parabolic leaf springs; greater demand for lightweight springs, especially composite leaf springs; and rising automotive fleet. • The major leaf spring manufacturers are strategically focusing on the development of advanced leaf springs in order to retain the leading position in this fiercely competitive market. • Metal leaf spring manufacturers are advancing their product portfolio by introducing parabolic springs, whereas composite leaf spring manufacturers are trying to develop composite leaf springs for heavy-duty commercial vehicles. • Asia-Pacific is expected to remain the largest market for leaf springs in the foreseen future, because of increasing production of MHCVs in the developing Asian economies, such as China and India.
Market Insights • By Vehicle Type • MHCV dominates the market in terms of value and is likely to maintain its dominance in the coming five years as well. • Large production base of MHCVs coupled with high penetration of leaf springs in MHCVs and large MHCV fleet are the key whys and wherefores behind the dominance of MHCVs in the market. • By Material Type • Steel leaf spring is expected to remain the larger spring type in the next five years. • Composite spring is likely to witness the higher growth for the same period. • By Region • China, Japan, and South Korea are likely to remain the major markets in the region. • India is likely to be the new growth engine of the region’s market in the coming five years. • Asia-Pacific is expected to remain the largest market for leaf springs in the foreseen future, because of increasing production of MHCVs in the developing Asian economies, such as China and India. • The USA and Mexico are likely to be the major markets in North America, whereas Russia, Germany, and France are the major markets in Europe.
Competitive Insights • The USA and Mexico are likely to be the major markets in North America, whereas Russia, Germany, and France are the major markets in Europe. • Key Companies Analysed • SGL Group • Dongfeng Motor Suspension Spring Co., Ltd. • EMCO Industries • FAW Group Corporation • Hendrickson International • IFC Composite • Jamna Auto Industries • Life Flex LLC • NHK Spring Co.; Ltd. • Rassini • Sogefi Group
Data Analysis (Top Down and Bottom Up Approach) Research Methodology Data Triangulation (Data Evaluation and Multiple Data Triangulation) Final Deliverables (Final Report with All Findings) Stratview Research follows a rigorous methodology with high emphasis on primary research and multiple ways of data triangulation. We conduct primary research across the value chain to provide 360 degree view of the market. • Secondary Research • Stratview Research Internal Knowledgebase Primary Research • Annual Reports / Fact Book • Company Websites • Magazines / Publications • Press Releases & Journals • Industry News • Association Articles • Government Documents • Social Media • Others • Robust database across value chain • In-house industry veterans as advisors • Project based subject matter experts • Industry Players • Industry Experts • Suppliers • Customers • Associations • Government Institutions • Others
Report Features • This report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market. The following are the key features of the report: • Market structure: Overview, industry life cycle analysis, supply chain analysis. • Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis. • Market trend and forecast analysis. • Market segment trend and forecast. • Competitive landscape and dynamics: Market share, product portfolio, product launches, etc. • Attractive market segments and associated growth opportunities. • Emerging trends. • Strategic growth opportunities for the existing and new players. • Key success factors.
Market Segmentation • By Vehicle Type • Passenger Car • Light-Duty Commercial Vehicles • Medium- & Heavy-Duty Commercial Vehicles • Others • By Spring Type • Parabolic Springs • Multi-Leaf Springs • By Spring Location Type • Front Suspension • Rear Suspension • By Material Type • Metal Leaf Springs • Composite Leaf Springs
Market Segmentation • By Manufacturing Process Type • Shot Peening • HP-RTM • Others • By End User Type • OE • Aftermarket • By Region • North America (Country Analysis: The USA and Others) • Europe (Country Analysis: France, Germany, The UK, and Rest of Europe) • Asia-Pacific (Country Analysis: China, Japan, and Rest of Asia-Pacific) • Rest of the World (Country Analysis: Brazil and Others)
About Stratview Research Stratview Research is a global market intelligence firm providing high quality syndicated reports, custom research and consulting services. Our Services Why Us? High Customer Delight Rich Industry Experience Robust Methodology Effective Business Decisions
Contact Us for More Information and Sample Pages Ask for Sample Pages here: https://www.stratviewresearch.com/Request-Sample/272/automotive-leaf-springs-market.html Email us at: sales@stratviewrsearch.com Call Us: +1-313-307-4176