Global Spring Market Size & Outlook, 2025-2030
Global spring market, 2018-2030 (US$M)
Related Markets
Global spring market highlights
- The global spring market generated a revenue of USD 11,796.9 million in 2024 and is expected to reach USD 16,279.1 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 5.6% by 2030.
- In terms of segment, helical spring accounted for a revenue of USD 5,424.9 million in 2024.
- Helical Spring is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 11,796.9 million |
| Market revenue in 2030 | USD 16,279.1 million |
| Growth rate | 5.6% (CAGR from 2025 to 2030) |
| Largest segment | Helical spring |
| Fastest growing segment | Helical Spring |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Leaf Spring, Helical Spring, Disk Spring |
Other key industry trends
- In terms of revenue, the North America accounted for 22.3% of the global spring market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 861.0 million by 2030.
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Spring Market Scope
Spring Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Tufcot Engineering | View profile | - | Sheffield, Sheffield, United Kingdom, Europe | https://www.tufcot.com/ |
| Gala | View profile | 501-1000 | Thane, Maharashtra, India, Asia | http://www.galagroup.com/ |
| Bansbach easylift GmbH | View profile | 251-500 | Lorch, Baden-Wurttemberg, Germany, Europe | https://www.bansbach.com |
| Lee Spring | View profile | 251-500 | Brooklyn, New York, United States, North America | http://leespring.com |
| Bal Seal Engineering, Inc. | View profile | 501-1000 | Foothill Ranch, California, United States, North America | http://balseal.com |
| Hendrickson | View profile | 1001-5000 | Itasca, Illinois, United States, North America | http://www.hendrickson-intl.com/Home.aspx |
| Barnes | View profile | 5001-10000 | Bristol, Connecticut, United States, North America | https://www.onebarnes.com |
| John Evans' Sons | View profile | 51-100 | Lansdale, Pennsylvania, United States, North America | https://springcompany.com/ |
| Ace Wire Spring and Form | View profile | 11-50 | Mckees Rocks, Pennsylvania, United States, North America | https://www.acewirespring.com |
Global spring market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to spring market will help companies and investors design strategic landscapes.
Helical spring was the largest segment with a revenue share of 45.99% in 2024. Horizon Databook has segmented the Global spring market based on leaf spring, helical spring, disk spring covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Spring Type Outlook (Revenue, USD Million, 2018-2030)
- Leaf Spring
- Elliptical Leaf Spring
- Semi Elliptical Leaf Spring
- Quarter Elliptical Leaf Spring
- Three-quarter Elliptical Leaf Spring
- Transverse Leaf Spring
- Helical Spring
- Compression Spring
- Extension Spring
- Torsion Spring
- Spiral Spring
- Disk Spring
- Belleville Disk Spring
- Curved Disk Spring
- Slotted Disk Spring
- Wave Disk Spring
- Leaf Spring
- Global Spring End Use Outlook (Revenue, USD Million, 2018-2030)
- Automotive and Transportation
- Construction
- Agriculture & Forestry
- Manufacturing
- Aerospace
- Railway
- Electronics
- Oil and Gas
- Renewables
- Others
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Target buyers of Global spring market databook
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Our clientele includes a mix of spring market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global spring market , including forecasts for subscribers. This global databook contains high-level insights into Global spring market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global spring market size, by regions, 2018-2030 (US$M)
Top 10 countries: Spring market size, 2024 (US$M)
Global spring market share, by type, 2024 & 2030 (%, US$M)
Spring market: Opportunity assessment by country
Global spring market, by region, 2024 (US$M)
Related statistics
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