Industry News
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Automotive Leaf Spring Market
Expansion in the global commercial transportation sector is a key factor that is fueling the automotive leaf spring industry size. Leaf springs are used in heavy-duty commercial vehicles including trucks, buses, railway carriers, and sports utility vehicles (SUVs). Increase in fleet size of logis...Read more -
Who are the leading innovators in leaf spring assembly for the automotive industry?
The automotive industry has seen significant advancements in leaf spring assembly, driven by the need for improved performance, durability, and weight reduction. Leading innovators in this field include companies and research institutions that have pioneered new materials, manufacturing technique...Read more -
Do modern trucks still use leaf springs?
Modern trucks still use leaf springs in many cases, although the suspension systems have evolved significantly over the years. Leaf springs remain a popular choice for heavy-duty trucks, commercial vehicles, and off-road vehicles due to their durability, simplicity, and ability to handle heavy lo...Read more -
Development trend of leaf springs in 2025: lightweight, intelligent, and green
In 2025, the leaf spring industry will usher in a new round of technological changes, and lightweight, intelligent, and green will become the main development direction. In terms of lightweight, the application of new materials and new processes will significantly reduce the weight of leaf spring...Read more -
Leading innovators in leaf spring assembly for the automotive industry
According to GlobalData’s Technology Foresights, which plots the S-curve for the automotive industry using innovation intensity models built on over one million patents, there are 300+ innovation areas that will shape the future of the industry. Within the emerging innovation stage, multi-spark i...Read more -
Leaf Spring Market Expected to Grow Steadily with a CAGR of 1.2%
The global Leaf Spring market was valued at USD 3235 million in 2023 and is anticipated to reach USD 3520.3 million by 2030, witnessing a CAGR of 1.2% during the forecast period 2024-2030. Leaf Springs Market Valuation in 2023: The global keywords market was valued at USD 3235 million by 2023...Read more -
Automotive Leaf Spring Market Trends
Increasing sales of Commercial Vehicles boost the market growth. The rise in disposable incomes in both developing and developed countries and growing construction activities and urbanization are also projected to drive the adoption of commercial vehicles, which will result in the growth of t...Read more -
Driven by Rising Demand for Commercial Vehicles
The rise in production of commercial vehicles, driven primarily by the expansion of e-commerce and logistics sectors, has significantly heightened the demand for heavy-duty leaf springs. Simultaneously, the growing interest in SUVs and pickup trucks, popular for their rugged terrain cap...Read more -
What Are the Challenges and Opportunities in the Spring Suspension Market?
The automotive leaf spring suspension market faces a blend of challenges and opportunities as it adapts to the evolving demands of the global automotive industry. One of the primary challenges is the growing competition from alternative suspension systems, such as air and coil springs, which...Read more -
Opportunities Emerge Amid Competition from Air and Coil Systems
The global market for Automotive Leaf Spring Suspension was estimated at US$40.4 Billion in 2023 and is projected to reach US$58.9 Billion by 2030, growing at a CAGR of 5.5% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, h...Read more -
Leaf spring technology leads industry innovation and assists industrial development
In recent years, leaf spring technology has set off a wave of innovation in the industrial field and has become one of the important engines promoting industrial development. With the continuous advancement of manufacturing technology and material science, leaf springs are becoming an indispe...Read more -
Which material is better for SUP7, SUP9, 50CrVA, or 51CrV4 in steel plate springs
Choosing the best material among SUP7, SUP9, 50CrVA, and 51CrV4 for steel plate springs depends on various factors such as mechanical properties required, operating conditions, and cost considerations. Here’s a comparison of these materials: 1.SUP7 and SUP9: These are both carbon stee...Read more
