Spring Market by Vehicle Type (Passenger Car, Light & Heavy Commercial Vehicle), Spring Type (Coil, Leaf, Balance, Flat), Application Type (Air Bag, Seat Belt, Suspension, Fuel Injection, Clutch, Valve), and Region - Global Trends and Forecast to 2020
Springs are being used in automobiles since a very long time because of the vital service in terms of comfort, safety and convenience that they provide. In case of suspension, they enhance the driver’s manoeuvrence over the vehicle as well as provide the comfort. For seat belt and airbags, they help to provide safety to the occupants, whereas in case of powertrain, the valve springs and fuel injector springs help in maintaining valve timing and fuel injection. The importance of springs in the automotive industry can be categorized in three main points. Firstly, the springs improve the performance of the components. The performance of a vehicle depends highly on a properly functioning transmission and to ensure that the springs need to be of high quality. Secondly, high quality springs also allow the vehicle to run efficiently which implies fuel saving. This becomes an important factor especially in the price sensitive economies of the developing and under developed nations. And last but not the least, good quality springs offer durability to the vehicle which is one of the biggest concerns when the vehicle is being purchased.
The suspension system in an automobile as stated above mitigates the shocks when the latter is moving on the surface. Springs are a part of the suspension system and are majorly of three types, leaf springs, coil springs and torsion bars.
Increase in disposable income is one of the factors which has fuelled the demand for passenger vehicles. With changing buyer’s perspective there is an increase in demand for luxury and comfort. Additionally, with increase stringency in safety norms, the demand for safety features has increased. Alternatively, increase in infrastructure investments, and industrialization there is an extensive commercialization. This in turn has also led to a high demand of commercial vehicles. As a collective result of all aforementioned factors, there is an increase in demand for automotive springs in the market.. India, which is projected to become the third largest manufacturer of automotive by 2020, contributes in a big way to this market. Asia-Oceania will be followed by Europe in the market.
This report classifies and defines the automotive spring market size, in terms of volume and value. It provides a comprehensive analysis and insights (both, qualitative and quantitative) into automotive spring market while highlighting the potential growth opportunities in the coming years and reviews the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape, and other key aspects with respect to automotive spring products. The report also covers who supplies whom data for all the key market players and the product life cycle for each spring type.
This report segments the automotive spring market
- By Application Type
- Air bags,
- Seat belts,
- Suspension,
- Fuel injection,
- Clutch,
- Valve,
- Others
- By Type
- Coil spring,
- Leaf spring
- Balance spring,
- Flat spring,
- Others
- By Region
- Asia-Oceania
- Europe,
- North America,
- ROW
The key players in the automotive spring market have also been identified and profiled.
Target Audience
- Automotive spring manufacturers
- Component & raw material suppliers
- Equipment service providers
- Government and research organizations
- Consulting companies of automotive sector
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Markets Covered
1.2.1 Global Automotive Spring Market, By Region
1.2.2 Global Automotive Spring Market, By Type
1.2.3 Global Automotive Spring Market, By Application Type
1.3 Stakeholders
1.4 Market Definitions
1.5 Market Scope
1.5.1 Markets Covered
1.5.2 Years Considered in the Report
2 Research Methodology
2.1 Market Size Estimation
2.2 Market Crackdown and Data Triangulation
2.3 Market Share Estimation
2.3.1 Key Data Points Taken From Secondary Sources
2.3.2 Key Data Points Taken From Primary Sources
2.3.3 Assumptions
2.3.4 Limitations
3 Executive Summary
4 Premium Insights
5 Market Overview
5.1 Introduction
5.2 Market Segmentation
5.3 Market Dynamics
5.3.1 Drivers
5.3.2 Restraints
5.3.3 Opportunites
5.3.4 Challenges
5.4 Porter’s Five Force Analysis
5.4.1 Threat From New Entrants
5.4.2 Threat From Substitutes
5.4.3 Bargaining Power of Suppliers
5.4.4 Bargaining Power of Buyers
5.4.5 Intensity of Competitive Rivalry
5.5 Burning Issues
5.6 Value Chain Analysis
6 Automotive Springs Market, By Application Type
6.1 Introduction
6.2 Air Bags
6.3 Seat Belts
6.4 Suspension
6.5 Fuel Injection
6.6 Clutch
6.7 Valve
6.8 Others
7 Automotive Springs Market, By Type
7.1 Introduction
7.2 Coil Spring
7.3 Leaf Spring
7.4 Balance Spring
7.5 Flat Spring
7.6 Others
8 Automotive Springs Market, By Region
8.1 Introduction
8.2 Pest Analysis
8.2.1 Political Factors
8.2.2 Economic Factors
8.2.3 Social Factors
8.2.4 Technological Factors
8.3 Global Market, By Region
8.3.1 Asia-Oceania Market, By Country
8.3.1.1 China
8.3.1.2 India
8.3.1.3 Japan
8.3.1.4 South Korea
8.3.1.5 Others
8.3.2 Europe Market, By Country
8.3.2.1 U.K
8.3.2.2 Germany
8.3.2.3 France
8.3.2.4 Others
8.3.3 North America Market, By Country
8.3.3.1 U.S.
8.3.3.2 Mexico
8.3.3.3 Canada
8.3.4 Row Market, By Country
8.3.4.1 Brazil
8.3.4.2 Russia
8.3.4.3 Others
9 Competitive Landscape
9.1 Overview
9.2 Competitive Situation and Trends
9.3 New Product Launches
9.4 Agreements, Partnerships, Collaborations, & Joint Ventures
9.5 Mergers & Acquisitions
9.6 Expansions
9.7 Supply Contracts
10 Company Profiles
10.1 Continental AG
10.2 Mubea
10.3 Mitsubishi Steel Mfg. Co. Ltd.
10.4 Fawer Automotive Parts Company Ltd.
10.5 NHK Spring Co., Ltd.,
10.6 Eaton Detroit Spring Inc.
10.7 Federal-Mogul
10.8 Sogefi Group
10.9 Chuhatsu
10.10 China Spring Corporation Ltd.
10.11 Dongfeng Motor Suspension Spring Company Limited
Growth opportunities and latent adjacency in Spring Market