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Automotive Coil Spring Market

Automotive Coil Spring - Global Market Outlook (2019-2027)

4.4 (66 reviews)
Published: July 2020 ID: SMRC19640
4.4 (66 reviews)
Published: July 2020 ID: SMRC19640

This report covers the impact of COVID-19 on this global market

According to Stratistics MRC, the Global Automotive Coil Spring Market is accounted for $7.04 billion in 2019 and is expected to reach $12.09 billion by 2027 growing at a CAGR of 7.0% during the forecast period. Some of the key factors propelling the market growth are the rising number of heavyweight trucks, rise in disposable income of people, and increased popularity of helical springs. However, the corrosion associated with the product is the restraining factor for the growth of the market.

An automotive coil spring is a type of spring that is generally used for the suspension purposes in wheeled vehicles. Coil springs absorb shocks and release it after a particular time. It also maintains the force between two contacting surfaces and makes sufficient gap between them. Coil springs find application as torsion springs and they are formed by winding wire on the periphery of the cylinder. 

By application, the commercial vehicle segment is expected to grow at a significant market share during the forecast period owing to an increase in penetration of coil springs in commercial vehicles. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period due to the high production of vehicles in the region and demand for a higher amount of automotive components.

Some of the key players in Automotive Coil Spring Market include Hendrickson, Clifford Springs Ltd, Soni Auto & Allied Industries Ltd, Kilen Springs, Aniceto Gomez SA, Lesjöfors Automotive, Jamna Auto Industries, Betts SPRING MANUFACTURING, Ace Wire Spring & Form Co Inc, Olgun Celik, Suspension Spring Specialist Inc, EMCO, Rassini, Draco Spring Mfg Co, and Sogefi SpA.

Types Covered:
• Progressively Wound Spring
• Helical Coil Spring

Process Methods Covered:
• Cold Cooling
• Hot Cooling

Diameters Covered:
• Below 1 Inch
• 1-2 Inch
• 2-4 Inch
• Above 4 Inch

Materials Covered:
• Carbon Steel
• Alloy Steel
• Stainless Steel
• Copper Base Alloy
• Nickel Base Alloy
• Cobalt-Nickel

Shapes Covered:
• Variable Rate Springs
• Constant Rate Springs

Products Covered:
• Mattress Springs
• Compression Coil Springs
• Volute Springs
• Buckling Springs
• Tension/Extension Coil Springs
• Upholstery Springs
• Torsion Springs

Applications Covered:
• Passenger Vehicle
• Commercial Vehicle

End Users Covered:
• Aftermarket
• Original Equipment Manufacturer (OEM)

Regions Covered:
• North America0
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand      
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliance

1 Executive Summary    
      
2 Preface     

 2.1 Abstract    
 2.2 Stake Holders   
 2.3 Research Scope   
 2.4 Research Methodology  
  2.4.1 Data Mining  
  2.4.2 Data Analysis  
  2.4.3 Data Validation  
  2.4.4 Research Approach  
 2.5 Research Sources   
  2.5.1 Primary Research Sources 
  2.5.2 Secondary Research Sources 
  2.5.3 Assumptions  
       
3 Market Trend Analysis   
 3.1 Introduction   
 3.2 Drivers    
 3.3 Restraints    
 3.4 Opportunities   
 3.5 Threats    
 3.6 Product Analysis   
 3.7 Application Analysis   
 3.8 End User Analysis   
 3.9 Emerging Markets   
 3.10 Impact of Covid-19   
      
4 Porters Five Force Analysis   
 4.1 Bargaining power of suppliers  
 4.2 Bargaining power of buyers  
 4.3 Threat of substitutes   
 4.4 Threat of new entrants  
 4.5 Competitive rivalry   
      
5 Global Automotive Coil Spring Market, By Type 
 5.1 Introduction   
 5.2 Progressively Wound Spring  
 5.3 Helical Coil Spring   
      
6 Global Automotive Coil Spring Market, By Process Method
 6.1 Introduction   
 6.2 Cold Cooling   
 6.3 Hot Cooling   
      
7 Global Automotive Coil Spring Market, By Diameter 
 7.1 Introduction   
 7.2 Below 1 Inch   
 7.3 1-2 Inch    
 7.4 2-4 Inch    
 7.5 Above 4 Inch   
      
8 Global Automotive Coil Spring Market, By Material 
 8.1 Introduction   
 8.2 Carbon Steel    
 8.3 Alloy Steel   
 8.4 Stainless Steel   
 8.5 Copper Base Alloy   
 8.6 Nickel Base Alloy   
 8.7 Cobalt-Nickel   
      
9 Global Automotive Coil Spring Market, By Shape 
 9.1 Introduction   
 9.2 Variable Rate Springs   
 9.3 Constant Rate Springs  
      
10 Global Automotive Coil Spring Market, By Product 
 10.1 Introduction   
 10.2 Mattress Springs   
 10.3 Compression Coil Springs  
 10.4 Volute Springs   
 10.5 Buckling Springs   
 10.6 Tension/Extension Coil Springs  
 10.7 Upholstery Springs   
 10.8 Torsion Springs   
      
11 Global Automotive Coil Spring Market, By Application
 11.1 Introduction   
 11.2 Passenger Vehicle   
  11.2.1 Executive   
  11.2.2 Minicompact  
  11.2.3 Compact   
  11.2.4 Supermini   
  11.2.5 Sports Car  
  11.2.6 Mid-Size   
  11.2.7 Luxury   
  11.2.8 Multi Purpose Vehicle (MPV) 
  11.2.9 Sport Utility Vehicle (SUV) 
 11.3 Commercial Vehicle   
  11.3.1 Light Commercial Vehicle 
  11.3.2 Medium and High Commercial Vehicle Buses
  11.3.3 Medium and High Commercial Vehicle Trucks
      
12 Global Automotive Coil Spring Market, By End User 
 12.1 Introduction   
 12.2 Aftermarket   
 12.3 Original Equipment Manufacturer (OEM) 
      
13 Global Automotive Coil Spring Market, By Geography
 13.1 Introduction   
 13.2 North America   
  13.2.1 US   
  13.2.2 Canada   
  13.2.3 Mexico   
 13.3 Europe    
  13.3.1 Germany   
  13.3.2 UK   
  13.3.3 Italy   
  13.3.4 France   
  13.3.5 Spain   
  13.3.6 Rest of Europe  
 13.4 Asia Pacific   
  13.4.1 Japan   
  13.4.2 China   
  13.4.3 India   
  13.4.4 Australia   
  13.4.5 New Zealand  
  13.4.6 South Korea  
  13.4.7 Rest of Asia Pacific  
 13.5 South America   
  13.5.1 Argentina   
  13.5.2 Brazil   
  13.5.3 Chile   
  13.5.4 Rest of South America 
 13.6 Middle East & Africa   
  13.6.1 Saudi Arabia  
  13.6.2 UAE   
  13.6.3 Qatar   
  13.6.4 South Africa  
  13.6.5 Rest of Middle East & Africa 
      
14 Key Developments    
 14.1 Agreements, Partnerships, Collaborations and Joint Ventures
 14.2 Acquisitions & Mergers  
 14.3 New Product Launch   
 14.4 Expansions   
 14.5 Other Key Strategies   
      
15 Company Profiling    
 15.1 Hendrickson   
 15.2 Clifford Springs Ltd   
 15.3 Soni Auto & Allied Industries Ltd  
 15.4 Kilen Springs   
 15.5 Aniceto Gomez SA   
 15.6 Lesjöfors Automotive  
 15.7 Jamna Auto Industries  
 15.8 Betts SPRING MANUFACTURING 
 15.9 Ace Wire Spring & Form Co Inc  
 15.10 Olgun Celik   
 15.11 Suspension Spring Specialist Inc  
 15.12 EMCO    
 15.13 Rassini    
 15.14 Draco Spring Mfg Co   
 15.15 Sogefi SpA   


List of Tables     
1 Global Automotive Coil Spring Market Outlook, By Region (2018-2027) ($MN)
2 Global Automotive Coil Spring Market Outlook, By Type (2018-2027) ($MN)
3 Global Automotive Coil Spring Market Outlook, By Progressively Wound Spring (2018-2027) ($MN)
4 Global Automotive Coil Spring Market Outlook, By Helical Coil Spring (2018-2027) ($MN)
5 Global Automotive Coil Spring Market Outlook, By Process Method (2018-2027) ($MN)
6 Global Automotive Coil Spring Market Outlook, By Cold Cooling (2018-2027) ($MN)
7 Global Automotive Coil Spring Market Outlook, By Hot Cooling (2018-2027) ($MN)
8 Global Automotive Coil Spring Market Outlook, By Diameter (2018-2027) ($MN)
9 Global Automotive Coil Spring Market Outlook, By Below 1 Inch (2018-2027) ($MN)
10 Global Automotive Coil Spring Market Outlook, By 1-2 Inch (2018-2027) ($MN)
11 Global Automotive Coil Spring Market Outlook, By 2-4 Inch (2018-2027) ($MN)
12 Global Automotive Coil Spring Market Outlook, By Above 4 Inch (2018-2027) ($MN)
13 Global Automotive Coil Spring Market Outlook, By Material (2018-2027) ($MN)
14 Global Automotive Coil Spring Market Outlook, By Carbon Steel (2018-2027) ($MN)
15 Global Automotive Coil Spring Market Outlook, By Alloy Steel (2018-2027) ($MN)
16 Global Automotive Coil Spring Market Outlook, By Stainless Steel (2018-2027) ($MN)
17 Global Automotive Coil Spring Market Outlook, By Copper Base Alloy (2018-2027) ($MN)
18 Global Automotive Coil Spring Market Outlook, By Nickel Base Alloy (2018-2027) ($MN)
19 Global Automotive Coil Spring Market Outlook, By Cobalt-Nickel (2018-2027) ($MN)
20 Global Automotive Coil Spring Market Outlook, By Shape (2018-2027) ($MN)
21 Global Automotive Coil Spring Market Outlook, By Variable Rate Springs (2018-2027) ($MN)
22 Global Automotive Coil Spring Market Outlook, By Constant Rate Springs (2018-2027) ($MN)
23 Global Automotive Coil Spring Market Outlook, By Product (2018-2027) ($MN)
24 Global Automotive Coil Spring Market Outlook, By Mattress Springs (2018-2027) ($MN)
25 Global Automotive Coil Spring Market Outlook, By Compression Coil Springs (2018-2027) ($MN)
26 Global Automotive Coil Spring Market Outlook, By Volute Springs (2018-2027) ($MN)
27 Global Automotive Coil Spring Market Outlook, By Buckling Springs (2018-2027) ($MN)
28 Global Automotive Coil Spring Market Outlook, By Tension/Extension Coil Springs (2018-2027) ($MN)
29 Global Automotive Coil Spring Market Outlook, By Upholstery Springs (2018-2027) ($MN)
30 Global Automotive Coil Spring Market Outlook, By Torsion Springs (2018-2027) ($MN)
31 Global Automotive Coil Spring Market Outlook, By Application (2018-2027) ($MN)
32 Global Automotive Coil Spring Market Outlook, By Passenger Vehicle (2018-2027) ($MN)
33 Global Automotive Coil Spring Market Outlook, By Executive (2018-2027) ($MN)
34 Global Automotive Coil Spring Market Outlook, By Minicompact (2018-2027) ($MN)
35 Global Automotive Coil Spring Market Outlook, By Compact (2018-2027) ($MN)
36 Global Automotive Coil Spring Market Outlook, By Supermini (2018-2027) ($MN)
37 Global Automotive Coil Spring Market Outlook, By Sports Car (2018-2027) ($MN)
38 Global Automotive Coil Spring Market Outlook, By Mid-Size (2018-2027) ($MN)
39 Global Automotive Coil Spring Market Outlook, By Luxury (2018-2027) ($MN)
40 Global Automotive Coil Spring Market Outlook, By Multi Purpose Vehicle (MPV) (2018-2027) ($MN)
41 Global Automotive Coil Spring Market Outlook, By Sport Utility Vehicle (SUV) (2018-2027) ($MN)
42 Global Automotive Coil Spring Market Outlook, By Commercial Vehicle (2018-2027) ($MN)
43 Global Automotive Coil Spring Market Outlook, By Light Commercial Vehicle (2018-2027) ($MN)
44 Global Automotive Coil Spring Market Outlook, By Medium and High Commercial Vehicle Buses (2018-2027) ($MN)
45 Global Automotive Coil Spring Market Outlook, By Medium and High Commercial Vehicle Trucks (2018-2027) ($MN)
46 Global Automotive Coil Spring Market Outlook, By End User (2018-2027) ($MN)
47 Global Automotive Coil Spring Market Outlook, By Aftermarket (2018-2027) ($MN)
48 Global Automotive Coil Spring Market Outlook, By Original Equipment Manufacturer (OEM) (2018-2027) ($MN)
      
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.

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