The global extension springs market is expected to grow at a CAGR of 4.5% during the forecast period, to reach USD 3.2 billion by 2030. The automotive segment is expected to be the fastest-growing segment in the global extension springs market, with a CAGR of 5.6% from 2021 to 2030. The automotive segment is projected to account for over one-third of the total revenue generated by extension springs in 2030, as it will be driven by increasing demand for vehicles and rising production levels across various regions globally.
Some Of The Growth Factors Of This Market:
- Extension springs are used in a wide range of applications, including furniture, appliances, and vehicles.
- Extension springs are used in the automotive industry for seat belts and airbags as well as in the furniture industry for recliners and sofas.
- The extension springs market is driven by factors such as increasing demand for comfort products, growing population, and increasing disposable income levels across the globe.
- Increasing demand for comfort products is one of the major drivers that will drive the extension spring market growth over the forecast period.
Industry Growth Insights published a new data on “Extension Springs Market”. The research report is titled “Extension Springs Market research by Types (Carbon Steel Extension Springs, Stainless Steel Extension Springs, Others), By Applications (Automotive, Mechanical, Medical Equipment, Others), By Players/Companies Springmasters, Lee Spring, Century Spring Corp.(MW Industries), Acxess Spring, Associated Spring Raymond(Barnes Group Inc.), WB Jones Spring Co. Inc, Diamond Wire Spring, Lesjofors AB, Murphy & Read Manufacturing Co., Vanel, MISUMI Group Inc., Tennessee Spring and Metal, LLC., RMW Industries Inc., ZiBo Gold-Star Spring Factory”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Extension Springs Market Research Report
By Type
Carbon Steel Extension Springs, Stainless Steel Extension Springs, Others
By Application
Automotive, Mechanical, Medical Equipment, Others
By Companies
Springmasters, Lee Spring, Century Spring Corp.(MW Industries), Acxess Spring, Associated Spring Raymond(Barnes Group Inc.), WB Jones Spring Co. Inc, Diamond Wire Spring, Lesjofors AB, Murphy & Read Manufacturing Co., Vanel, MISUMI Group Inc., Tennessee Spring and Metal, LLC., RMW Industries Inc., ZiBo Gold-Star Spring Factory
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Extension Springs Market Report Segments:
The global Extension Springs market is segmented on the basis of:
Types
Carbon Steel Extension Springs, Stainless Steel Extension Springs, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Mechanical, Medical Equipment, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Springmasters
- Lee Spring
- Century Spring Corp.(MW Industries)
- Acxess Spring
- Associated Spring Raymond(Barnes Group Inc.)
- WB Jones Spring Co. Inc
- Diamond Wire Spring
- Lesjofors AB
- Murphy & Read Manufacturing Co.
- Vanel
- MISUMI Group Inc.
- Tennessee Spring and Metal, LLC.
- RMW Industries Inc.
- ZiBo Gold-Star Spring Factory
Highlights of The Extension Springs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Carbon Steel Extension Springs
- Stainless Steel Extension Springs
- Others
- By Application:
- Automotive
- Mechanical
- Medical Equipment
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Extension Springs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Extension Springs are metal coils that are inserted into the body of a car to increase its suspension height. This allows the car to travel over bumps and potholes with less damage, and makes it easier for drivers to control their vehicle.
Some of the major companies in the extension springs market are Springmasters, Lee Spring, Century Spring Corp.(MW Industries), Acxess Spring, Associated Spring Raymond(Barnes Group Inc.), WB Jones Spring Co. Inc, Diamond Wire Spring, Lesjofors AB, Murphy & Read Manufacturing Co., Vanel, MISUMI Group Inc., Tennessee Spring and Metal, LLC., RMW Industries Inc., ZiBo Gold-Star Spring Factory.
The extension springs market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Extension Springs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Extension Springs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Extension Springs Market - Supply Chain
4.5. Global Extension Springs Market Forecast
4.5.1. Extension Springs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Extension Springs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Extension Springs Market Absolute $ Opportunity
5. Global Extension Springs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Extension Springs Market Size and Volume Forecast by Type
5.3.1. Carbon Steel Extension Springs
5.3.2. Stainless Steel Extension Springs
5.3.3. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Extension Springs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Extension Springs Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Mechanical
6.3.3. Medical Equipment
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Extension Springs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Extension Springs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Extension Springs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Extension Springs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Extension Springs Demand Share Forecast, 2019-2026
9. North America Extension Springs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Extension Springs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Extension Springs Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Mechanical
9.4.3. Medical Equipment
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Extension Springs Market Size and Volume Forecast by Type
9.7.1. Carbon Steel Extension Springs
9.7.2. Stainless Steel Extension Springs
9.7.3. Others
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Extension Springs Demand Share Forecast, 2019-2026
10. Latin America Extension Springs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Extension Springs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Extension Springs Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Mechanical
10.4.3. Medical Equipment
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Extension Springs Market Size and Volume Forecast by Type
10.7.1. Carbon Steel Extension Springs
10.7.2. Stainless Steel Extension Springs
10.7.3. Others
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Extension Springs Demand Share Forecast, 2019-2026
11. Europe Extension Springs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Extension Springs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Extension Springs Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Mechanical
11.4.3. Medical Equipment
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Extension Springs Market Size and Volume Forecast by Type
11.7.1. Carbon Steel Extension Springs
11.7.2. Stainless Steel Extension Springs
11.7.3. Others
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Extension Springs Demand Share, 2019-2026
12. Asia Pacific Extension Springs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Extension Springs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Extension Springs Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Mechanical
12.4.3. Medical Equipment
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Extension Springs Market Size and Volume Forecast by Type
12.7.1. Carbon Steel Extension Springs
12.7.2. Stainless Steel Extension Springs
12.7.3. Others
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Extension Springs Demand Share, 2019-2026
13. Middle East & Africa Extension Springs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Extension Springs Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Extension Springs Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Mechanical
13.4.3. Medical Equipment
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Extension Springs Market Size and Volume Forecast by Type
13.7.1. Carbon Steel Extension Springs
13.7.2. Stainless Steel Extension Springs
13.7.3. Others
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Extension Springs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Extension Springs Market: Market Share Analysis
14.2. Extension Springs Distributors and Customers
14.3. Extension Springs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Springmasters
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Lee Spring
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Century Spring Corp.(MW Industries)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Acxess Spring
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Associated Spring Raymond(Barnes Group Inc.)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. WB Jones Spring Co. Inc
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Diamond Wire Spring
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Lesjofors AB
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Murphy & Read Manufacturing Co.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Vanel
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. MISUMI Group Inc.
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Tennessee Spring and Metal, LLC.
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. RMW Industries Inc.
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. ZiBo Gold-Star Spring Factory
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
