Lewes, DE -- (SBWIRE) -- 09/18/2018 -- Leaf Spring Market will register a 1.3% CAGR in terms of revenue, reach US$ 3310 million by 2023, from US$ 3060 million in 2017.

Leaf Spring is a simple form of spring commonly used for the suspension in wheeled vehicles. Usually, Leaf spring is assembly of several leaf springs which is made of steel. At present, leaf spring assembly is mostly applied on commercial vehicles.

Leaf spring assembly has its advantages compared to the coil spring. Leaf spring assembly has a stronger bearing capacity but a weaker comfort.

Due to developing of commercial vehicle market, demand of Leaf Spring is growing higher. In recent years, due to the policy promoting, commercial vehicle in Europe and USA mostly use air suspensions. However, developing countries are still providing strong demand of Leaf Spring, such as China, India and Middle East etc. Viewed from the supply side, there are many manufacturers in the Leaf Spring industry, while from the demand side; the current demand for Leaf Spring is growing.

At present, there are many domestic manufacturers in China. Most of the domestic companies have less technology and financial ability and they are facing the competition from the foreign companies.

To grab more market, the little companies have to expand the technology, capital investment and brand influence. To meet the challenge of the domestic companies and keep their leading stage, leading companies need to increase the technology innovation and speed up the product upgrading. Due to the stable automotive OEM market, Leaf Spring market will still be a market leading by a few companies in future.

In order to feed the changing technical requirements, Leaf Spring manufacturers need to pay attention to the technical innovation. In future, high performance and new material will be the technology trends of Leaf Spring.

Over the next five years, Study projects that Leaf Spring will register a 1.3% CAGR in terms of revenue, reach US$ 3310 million by 2023, from US$ 3060 million in 2017.

This report studies the global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa, focuses on the top 5 players in each region, with sales, price, revenue and market share from 2013 to 2018, the top players:
Fangda
Hendrickson
Dongfegn
Jamna Auto Industries
Fawer
RSA
Shuaichao
Eaton Detroit Spring
Chongqing Hongqi
Hubei Shenfeng
NHK Spring
Leopord
Mitsubishi Steel
Shuangli Banhuang
OLGUN CELIK
Standens
Owen Springs
Hayward
Hunan Yitong
Sogefi
Anhui Anhuang
Shandong Fangcheng
Zhengzhou Xinjiaotong
Jiangxi Automobile Leaf Spring
Eagle Suspensions

Market Segment by Regions, this report splits Global into several key Regions, with sales, revenue, market share of top players in these regions, from 2013 to 2018 (forecast), like
North America (United States, Canada and Mexico)
Asia-Pacific (China, Japan, Southeast Asia, India and Korea)
Europe (Germany, UK, France, Italy and Russia etc.)
South America (Brazil, Chile, Peru and Argentina)
Middle East and Africa (Egypt, South Africa, Saudi Arabia)

Split by Product Types, with sales, revenue, price, market share of each type, can be divided into
Multi-leaf Spring
Mono-leaf Spring

Split by applications, this report focuses on sales, market share and growth rate in each application, can be divided into
Bus
Truck
Other

Spanning over 162 pages "Forecast of Global Leaf Spring Players Market 2023" report covers Leaf Spring Market Overview, Global Leaf Spring Sales, Revenue (Value) and Market Share by Players, Global Leaf Spring Sales, Revenue (Value) by Regions, Type and Application (2013-2018), North America Top 5 Players Leaf Spring Sales, Revenue and Price, Europe Top 5 Players Leaf Spring Sales, Revenue and Price, Asia-Pacific Top 5 Players Leaf Spring Sales, Revenue and Price, South America Top 5 Players Leaf Spring Sales, Revenue and Price, Middle East & Africa Top 5 Players Leaf Spring Sales, Revenue and Price, Global Leaf Spring Players Profiles/Analysis, Global Leaf Spring Market Forecast (2018-2023), Leaf Spring Manufacturing Cost Analysis, Industrial Chain, Sourcing Strategy and Downstream Buyers, Marketing Strategy Analysis, Distributors/Traders, Market Effect Factors Analysis, Research Findings and Conclusion, Appendix.

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