Global Automotive Leaf Springs Market Size, Share and Trends Analysis, By Type (Mono Leaf Springs and Multi-Leaf Springs), By Application (Passenger Cars, Light-Duty Vehicles, and Medium and Heavy-Duty Vehicles), Forecast (2022-2028)  

The global automotive leaf spring market is expected to develop at a CAGR of 3.5% during the forecast period. The requirement for leaf springs in passenger automobiles has risen as vehicle weight and height have increased, putting more strain on suspension systems. Automobile leaf springs are a type of spring found in vehicles. It can be found on the rear axle, as well as some front axles, and on the suspension. The vehicle leaf springs support load transfer from one side to the other, such as while braking, turning bends, or climbing slopes. The primary purpose of automobile leaf springs is to eliminate the bouncing motion that happens while driving straight over obstacles. The most frequent type of leaf spring is the mono leaf spring. Mono Leaf Springs are often used in passenger cars owing to their flexibility, which provides a more comfortable ride for passengers while also being easier on suspension parts. A leaf coil spring with two or more leaves is known as a multi-leaf spring.

The suspension system of medium and heavy-duty trucks is primarily made up of leaf springs. They aid in shock absorption, load-bearing, and provides a better mix of ride quality and control. Both sides of the vehicle leaf spring are parallel to each other, and an axle carrier provides the necessary support. The friction between the axle and the leaf springs is reduced by using coil bushing. As a result, it aids in the reduction of vibrations caused by a vehicle going at fast speeds on difficult terrain. This is also utilized to offer passenger comfort in vehicles that travel long distances, such as heavy-duty trucks. The suspension system of medium and heavy-duty trucks is primarily made up of leaf springs. They aid in shock absorption, load-bearing, and give a nice mix of ride quality and control. Both sides of the vehicle leaf spring are parallel to each other, and an axle carrier provides the necessary support. The friction between the axle and the leaf springs is reduced by using coil bushing. As a result, it aids in the reduction of vibrations caused by a vehicle going at fast speeds on difficult terrain. This is also utilized to offer passenger comfort in vehicles that travel long distances, such as heavy-duty trucks.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Sogefi SpA, Jamna Auto Industries, and Emco Industries, among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

 

Global Automotive Leaf Springs Market Report by Segment

By Type

• Mono Leaf Springs
• Multi-Leaf Springs

By Application

• Passenger Cars
• Light-Duty Vehicles
• Medium and Heavy-Duty Vehicles

Global Automotive Leaf Springs Market Report by Region

North America

• US
• Canada

Europe

• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe

Asia-Pacific

• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific

Rest of the World

• Latin America
• Middle-East and Africa