Global Spring Market Size study, by Type (Leaf Spring, Helical Spring, Others) by End Use (Automotive and Transportation, Construction, Agriculture and forestry, Manufacturing and others) and Regional Forecasts 2021-2027
- BIZ4670743
- 200 Pages
- November 2021
- Construction & Manufacturing
Global Spring Market is valued approximately USD 24.66 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2021-2027. Manufacturing of springs from light weight and high strength metals and alloys to reduce weight and to increase the strength has increased the application of springs in aircraft, satellite, and automobile manufacturing. Growing development and adoption of manufacturing methods will boost the market in the upcoming years, there is no alternate of spring present in the present era which eill fuel the market in forecast period For instance,.According to Global EV outlook, in 2019, China(4.9%) and Europe(4.9%) achieved new records in electric vehicle market share which results in boosting the market. (Manufacturing of springs from light weight and high strength metals and alloys to reduce weight and to increase the strength has also increased the application of springs in aircraft satellite and automobile manufacturing which will bosst the market in the uocoming years, Increase use of springs in wide range of integral components like acutators, engines and fuel pumps,Growth in aerospace and defense sector will fuel the market in the upcoming years ) However, fluctuation in raw material prices impedes the growth of the market over the forecast period of 2021-2027. Also, rising automation in various industries results in boosting the market therefore, adoption & demand for spring market is likely to increase the market growth during the forecast period.
The regional analysis of global Spring market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. APAC is the leading region across the world in terms of market share owing to the increase demand for spring from the automobile, transportation, and manufacturing sectors due to the development of manufacturing facilities by the industry leaders in this region .Whereas, Europe is anticipated to exhibit highest growth rate over the forecast period 2021-2027. Factors such as presence of automobile , aerospace and defense would create lucrative growth prospects for the Spring market across Europe
Major market player included in this report are:
GALA Group
Ace Wire Spring & Form Co.Inc
Bal Seal Engineering Inc
Barnes Group Inc
Carl Haas Gmbh
EBSCO Spring Co.
Frauenthal Holding AG
Hendrickson usa LLC
IFC Composite Gmbh
Jamna Auto Industries Ltd
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Type:
Leaf Spring
Helical Spring
Others
By End Use:
Automotive and transportation
Construction
Agriculture and Forestry
Manufacturing
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global Spring Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Global Spring Market, by Region, 2019-2027 (USD Billion)
1.2.2. Global Spring Market, by type, 2019-2027 (USD Billion)
1.2.3. Global Spring Market, by application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global spring Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Spring Market Dynamics
3.1. Emission management software Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing development and adoption of manufacturing methods
3.1.1.2. No other alternate of spring
3.1.2. Market Challenges
3.1.2.1. Fluctuation in raw material prices
3.1.3. Market Opportunities
3.1.3.1. Rising automation in various industries
Chapter 4. Global Spring Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Spring Market, by Type
5.1. Market Snapshot
5.2. Global Spring Market by Type , Performance - Potential Analysis
5.3. Global Spring Market Estimates & Forecasts by Type 2018-2027 (USD Billion)
5.4. Spring Market, Sub Segment Analysis
5.4.1. Leaf Spring
5.4.2. Helical Spring
5.4.3. Others
Chapter 6. Global Spring Market, by End Use
6.1. Market Snapshot
6.2. Global Spring Market by End Use , Performance - Potential Analysis
6.3. Global Spring Market Estimates & Forecasts by End Use 2018-2027 (USD Billion)
6.4. Spring Market, Sub Segment Analysis
6.4.1. Automotive and Transportation
6.4.2. Construction
6.4.3. Agriculture and Forestry
6.4.4. Manufacturing
6.4.5. Others
Chapter 7. Global Spring Market, Regional Analysis
7.1. Spring Market, Regional Market Snapshot
7.2. North America Spring Market
7.2.1. U.S. Spring Market
7.2.1.1. Type breakdown estimates & forecasts, 2018-2027
7.2.1.2. End Use breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Spring Market
7.3. Europe Spring Market Snapshot
7.3.1. U.K. Spring Market
7.3.2. Germany Spring Market
7.3.3. France Spring Market
7.3.4. Spain Spring Market
7.3.5. Italy Spring Market
7.3.6. Rest of Europe Spring Market
7.4. Asia-Pacific Spring Market Snapshot
7.4.1. China Spring Market
7.4.2. India Spring Market
7.4.3. Japan Spring Market
7.4.4. Australia Spring Market
7.4.5. South Korea Spring Market
7.4.6. Rest of Asia Pacific Spring Market
7.5. Latin America Spring Market Snapshot
7.5.1. Brazil Spring Market
7.5.2. Mexico Spring Market
7.6. Rest of The World Spring Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. GALA Group
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Ace Wire Spring & Form Co.Inc
8.2.3. Bal Seal Engineering Inc
8.2.4. Barnes Group Inc
8.2.5. Carl Haas Gmbh
8.2.6. EBSCO Spring Co.
8.2.7. Frauenthal Holding AG
8.2.8. Hendrickson usa LLC
8.2.9. IFC Composite Gmbh
8.2.10. Jamna Auto Industries Ltd
Chapter 9. Research Process
9.1. Research Process
9.1.1. Data Mining
9.1.2. Analysis
9.1.3. Market Estimation
9.1.4. Validation
9.1.5. Publishing
9.2. Research Attributes
9.3. Research Assumption
TABLE 1. Global Spring market, report scope
TABLE 2. Global Spring market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global Spring market estimates & forecasts by Type 2018-2027 (USD Billion)
TABLE 4. Global Spring market estimates & forecasts by End Use 2018-2027 (USD Billion)
TABLE 5. Global Spring market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 6. Global Spring market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Spring market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Spring market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Spring market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Spring market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Spring market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Spring market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Spring market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Spring market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. U.S. Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. U.S. Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 17. U.S. Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 18. Canada Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 19. Canada Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 20. Canada Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. UK Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 22. UK Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 23. UK Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. Germany Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 25. Germany Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Germany Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. RoE Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 28. RoE Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. RoE Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. China Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 31. China Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. China Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. India Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 34. India Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. India Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. Japan Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 37. Japan Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Japan Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. RoAPAC Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 40. RoAPAC Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. RoAPAC Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. Brazil Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 43. Brazil Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. Brazil Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Mexico Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 46. Mexico Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. Mexico Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. RoLA Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 49. RoLA Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. RoLA Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. Row Spring market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 52. Row Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Row Spring market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. List of secondary sources, used in the study of global Spring market
TABLE 55. List of primary sources, used in the study of global Spring market
TABLE 56. Years considered for the study
TABLE 57. Exchange rates considered
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