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.
Market Analysis and Insights: Global Automotive Coil Spring Market
Due to the COVID-19 pandemic, the global Automotive Coil Spring market size is estimated to be worth US$ 595 million in 2021 and is forecast to a readjusted size of US$ 595 million by 2028 with a CAGR of 1.9% during the review period. Fully considering the economic change by this health crisis, by Outside Diameter accounting for % of the Automotive Coil Spring global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Outside Diameter segment is altered to an % CAGR throughout this forecast period.
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.
Global Automotive Coil Spring Scope and Market Size
The global Automotive Coil Spring market is segmented by company, region (country), by Outside Diameter and by Application. Players, stakeholders, and other participants in the global Automotive Coil Spring market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Outside Diameter and by Application for the period 2017-2028.
Segment by Outside Diameter
Below 4 Inch
Above 4 Inch
Segment by Application
Automotive OEM
Automotive Aftermarket
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
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