Middle East & Africa Aerospace And Defense Springs Market Size & Outlook
The aerospace and defense springs market in Middle East & Africa is expected to reach a projected revenue of US$ 29.3 million by 2030. A compound annual growth rate of 5.2% is expected of Middle East & Africa aerospace and defense springs market from 2025 to 2030.
Revenue, 2024 (US$M)
$21.5
Forecast, 2030 (US$M)
$29.3
CAGR, 2025 - 2030
5.2%
Report Coverage
Middle East & Africa
Related Markets
MEA aerospace and defense springs market highlights
- The MEA aerospace and defense springs market generated a revenue of USD 20.9 million in 2023.
- The market is expected to grow at a CAGR of 5% from 2024 to 2030.
- In terms of segment, coil springs was the largest revenue generating type in 2023.
- Flat Spiral/ Power Springs is the most lucrative type segment registering the fastest growth during the forecast period.
MEA data book summary
| Market revenue in 2023 | USD 20.9 million |
| Market revenue in 2030 | USD 29.3 million |
| Growth rate | 5% (CAGR from 2024 to 2030) |
| Largest segment | Coil springs |
| Fastest growing segment | Flat Spiral/ Power Springs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flat Spiral/ Power Springs, Coil Springs, Torsion, Torque Coil, & Clutch Springs |
| Key market players worldwide | Argo Spring Manufacturing, Myers Spring, Ace Wire Spring and Form, Vulcan Spring, MW Industries, Nordia Springs, John Evans' Sons |
Other key industry trends
- In terms of revenue, MEA region accounted for 5.9% of the global aerospace and defense springs market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Europe is the fastest growing regional market and is projected to reach USD 159.8 million by 2030.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Aerospace and Defense Springs Market Scope
Aerospace and defense springs market segmentation & scope
Aerospace and Defense Springs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| John Evans' Sons | View profile | 51-100 | Lansdale, Pennsylvania, United States, North America | https://springcompany.com/ |
| Nordia Springs | View profile | 101-250 | Netanya, HaMerkaz, Israel, Asia | https://www.nordia.co.il/ |
| Vulcan Spring | View profile | 51-100 | Telford, Pennsylvania, United States, North America | https://www.vulcanspring.com |
| Ace Wire Spring and Form | View profile | 11-50 | Mckees Rocks, Pennsylvania, United States, North America | https://www.acewirespring.com |
| Myers Spring | View profile | 11-50 | Logansport, Indiana, United States, North America | https://www.myersspring.com |
| Argo Spring Manufacturing | View profile | 51-100 | Norwalk, California, United States, North America | https://www.argospringmfg.com |
| MW Industries | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.mwcomponents.com |
Middle East & Africa Aerospace and Defense Springs Market Outlook Share, 2024 & 2030 (US$M)
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
