Springs Market for Automotive, By Application (Air Bag, Seat Belt, Suspension, Fuel Injection, Clutch, Valve, Others), Type (Coil Springs, Leaf Spring, Balance Spring, Flat Spring, Others), Vehicle Type and Region – Global Trends and Forecast to 2021
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 handling over the vehicle as well as provide the comfort. The study will segments the automotive spring market on the basis of region, type, and by application type. The automotive spring market has been classified by type in Coil spring, leaf spring, balance spring, flat spring, and others. The automotive spring market is further segmented on the basis of the application in air bags, seat belts, suspension, fuel injection, clutch, valve, and others. In this study, 2015 will be considered as the base year, and 2016 to 2021 as the forecast period to estimate the market size of automotive spring market.
Increase in disposable income is one of the factors which has fueled 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 factors, there is an increase in demand for automotive springs in the market
Objectives of the Study
- To define, describe, and project the automotive spring market on the basis of type, application type, and region
- To analyze the system and component-level markets for growth trends, future prospects, and their contribution to the overall component manufacturing industry
- To identify the market dynamics and analyze their impact on the automotive spring market
- To provide the market size and forecast the automotive spring market for four key regions namely, Asia-Oceania, Europe, North America, and RoW (Rest of the World)
- To strategically profile key automotive spring manufacturers and comprehensively analyze their market shares
- To analyze stakeholders in the market and provide a detailed competitive landscape
- To analyze competitive developments such as joint ventures, mergers & acquisitions, new product launches, expansions, and other industry activities carried out by key industry participants
The research methodology used in the report involves various secondary sources, including paid databases and directories. A bottom-up approach will be followed to derive the market size, in terms of volume and value. The market size will be validated by in-depth interviews with industry experts, excerpts and secondary research.
Target Audience
- Automotive Spring Manufacturers
- Component & Raw Material Suppliers
- Government and Research Organizations
- Investment Firms
- Equity Research Firms
- Private Equity Firms
Want to explore hidden markets that can drive new revenue in Springs Market?
- By Application
- Air bags
- Seat belts
- Suspension
- Fuel injection
- Clutch
- Valve
- Others
- By Spring Type
- Coil spring
- Leaf spring
- Balance spring
- Flat spring
- Others
- By Region
- Asia-Oceania
- Europe
- North America
- ROW
- By Vehicle Type
- Passenger Car
- LCV
- HCV
Table of Contents
1 Introduction
1.1 Objectives of the Study
1.2 Markets Covered
1.3 Stakeholders
1.4 Market Definitions
1.5 Market Scope
1.5.1 Markets Covered
1.5.2 Years Considered in the Report
1.6 Limitations
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
2.4 Assumptions
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
6 Automotive Springs Market, By Application
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 Spring 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 Global Market, By Region
8.2.1 Asia-Oceania Market, By Country
8.2.1.1 China
8.2.1.2 India
8.2.1.3 Japan
8.2.1.4 South Korea
8.2.1.5 Others
8.2.2 Europe Market, By Country
8.2.2.1 U.K
8.2.2.2 Germany
8.2.2.3 France
8.2.2.4 Others
8.2.3 North America Market, By Country
8.2.3.1 U.S.
8.2.3.2 Mexico
8.2.3.3 Canada
8.2.4 RoW Market, By Country
8.2.4.1 Brazil
8.2.4.2 Russia
9.3.4.3 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 Springs Market