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Automotive Suspension Coil Springs, Global Market Size Forecast,Top 15 Players Rank and Market Share

An automotive suspension coil spring is a form of spring that is commonly used for suspension purposes in wheeled vehicles. Coil springs were called a carriage spring, and sometimes it was referred to as a helical spring. A coil spring is that device which is used for storing the mechanical energy. Coil springs absorbs shocks and release after some time. Coil spring maintains the force between two contacting surfaces and make sufficient gap between them. Coil springs can be used as torsion springs and they are formed by winding a wire on the periphery of cylinder.
According to the new market research report “Global Automotive Suspension Coil Springs Market Report 2023-2029”, published by QYResearch, the global Automotive Suspension Coil Springs market size is projected to reach USD 2.81 billion by 2029, at a CAGR of 1.9% during the forecast period.
The global key manufacturers of Automotive Suspension Coil Springs include NHK Spring, Mubea, Daewon Kang Up, Sogefi Group, Rassini, Chuo Spring, ThyssenKrupp, DRiV Incorporated, Mitsubishi Steel Mfg, China Spring Corporation, etc. In 2021, the global top five players had a share approximately 46.0% in terms of revenue.

About QYResearch
QYResearch founded in California, USA in 2007.It is a leading global market research and consulting company. With over 16 years’ experience and professional research team in various cities over the world QY Research focuses on management consulting, database and seminar services, IPO consulting, industry chain research and customized research to help our clients in providing non-linear revenue model and make them successful. We are globally recognized for our expansive portfolio of services, good corporate citizenship, and our strong commitment to sustainability. Up to now, we have cooperated with more than 60,000 clients across five continents. Let’s work closely with you and build a bold and better future.
QYResearch is a world-renowned large-scale consulting company. The industry covers various high-tech industry chain market segments, spanning the semiconductor industry chain (semiconductor equipment and parts, semiconductor materials, ICs, Foundry, packaging and testing, discrete devices, sensors, optoelectronic devices), photovoltaic industry chain (equipment, cells, modules, auxiliary material brackets, inverters, power station terminals), new energy automobile industry chain (batteries and materials, auto parts, batteries, motors, electronic control, automotive semiconductors, etc.), communication industry chain (communication system equipment, terminal equipment, electronic components, RF front-end, optical modules, 4G/5G/6G, broadband, IoT, digital economy, AI), advanced materials industry Chain (metal materials, polymer materials, ceramic materials, nano materials, etc.), machinery manufacturing industry chain (CNC machine tools, construction machinery, electrical machinery, 3C automation, industrial robots, lasers, industrial control, drones), food, beverages and pharmaceuticals, medical equipment, agriculture, etc.

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Last Update : Apr 18, 2024 3:22 AM
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