World Metal Spring Market to Grow 3.8% Annually from 2014 to 2018
According to recently published research conducted by a leading international market research company, Global Research & Data Services, the expansion of the global metal spring industry is forecast to reach 3.8% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 5.3%. Currently, helical springs account for 46.4% of the global demand while the remaining market share is divided between leaf springs (29.1%) and other metal springs (24.6%).
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