Stratview Research delivers key insights on the global Automotive Leaf Spring Aftermarket. According to Stratview Research, the market is segmented by Vehicle Type (Passenger Car, LCV, M&HCV, and Others), Spring Type (Parabolic Leaf Spring and Multi-Leaf Spring), Location Type (Front Suspension and Rear Suspension), and Rest of the World [Brazil, Argentina, and Others]).

Market Insights

The report suggests that the overall Automotive Leaf Spring Aftermarket was estimated to grow from USD 18,53,707.5 million in 2020 to USD 19,98,769.5 million by 2024 at a CAGR of over 2.0% during the forecast period.

Market Segments' Analysis

The market is segmented based on the vehicle type as Passenger Car, LCV, M&HCV, and Other Vehicles. M&HCV is expected to remain the growth engine of the aftermarket with a market share of more than 74% in 2018

By Type of Springs

Based on the spring type, the market is segmented as parabolic leaf spring and multi-leaf spring. parabolic leaf spring is expected to remain the dominant spring type in the aftermarket accounting for >28%, whereas multi-leaf spring held a market share of >25% in 2018.

By Location Type

Based on the location type, the market is segmented as front suspension and rear suspension. The rear suspension dominated the segment with a market share of more than 77% in 2018.

Regional Insights

Asia-Pacific is expected to remain the largest leaf spring aftermarket with a market share of more than 43% in 2018. 

Key Players

The following are some of the key players in the automotive leaf spring aftermarket:

• Jamna Auto Industries

• Rassini

• Dongfeng Motor Suspension Spring Co., Ltd.

FREQUENTLY ASKED QUESTIONS

The report answers several questions related to the market. The user can get to know the answers to the following questions…

-          What is the global demand for automotive leaf spring aftermarket in terms of revenue?

-          Which are the prominent players in the market?

-          At what CAGR is the market projected to grow within the forecast period?

-          What are the driving factors fuelling the growth of the market?

-          Which region accounted for the largest share in the market?

-          How did the Covid19 impacted the market?

-          How long will it take to recover from the Covid impact?

Why Stratview Research?

-          Exhaustive qualitative and quantitative data

-          Uninterrupted post-sales support

-          Appropriate market trend and forecast analysis.

-          All-inclusive report

-          Decent price-performance ratio

-          Reliable data

-          Attractive market segments and associated growth opportunities.

-          Customised report services

About Us –

Stratview Research is a leading global market research firm providing expert research solutions, trusted by clients worldwide. To keep our clients ahead of the curve, we provide data backed by extensive market research and in-depth industry knowledge. The broad spectrum of integrated insights is referred to, and cited by press releases, interview with key players, white papers, journals, etc. Stratview research also offers custom research services across the sectors. In case of any custom research requirement related to market assessment, competitive benchmarking, sourcing and procurement, target screening, and others, please connect with our team.

Get in touch with us for more details –

Call: +1-313-307-4176 Or Mail Us:  sales@stratviewresearch.com