Automotive Leaf Spring Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Report Covers Global Automotive Leaf Spring Market Companies and it has been segmented by Type (Semi-Elliptic, Elliptic, Parabolic, and Others), Vehicle Type (Passenger Cars, Light Commercial Vehicles, and Heavy Commercial Vehicles), Sales channel (OEMs and Aftermarkets), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The report offers market size and forecasts for the Automotive Leaf Spring Market in value (USD Billion) for all the above segments.

Automotive Leaf Spring Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Automotive Leaf Spring Market Size

Automotive Leaf Spring Market Summary
Study Period 2019 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
CAGR 4.56 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific
Market Concentration Medium

Major Players

Automotive Leaf Spring Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Automotive Leaf Spring Market with other markets in Automotive Industry

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Automotive Leaf Spring Market Analysis

The Automotive Leaf Spring Market is expected to register a CAGR of 4.56% during the forecast period.

Over the long term, the market is driven by the demand increase in demand for commercial vehicles and an increased demand for vehicle comfort. Furthermore, the significant development of the e-commerce industry across the globe is likely to foster the demand for light commercial vehicles to cater to the demand of vehicle manufacturers, increasing worldwide demand for automobile leaf springs. Furthermore, the growing culture of sports utility vehicles in countries like India, China, and the United States will drive the market growth.

For example, according to premium car Manufacturer Mercedes Benz, the share of SUVs in the overall Indian passenger cars market grew to 47% in 2022, which was 22% five years back.

However, the springs tend to lose structure and sag over time. When the sag is uneven, it might change the vehicle's cross weight, which can impair the handling slightly. It can also affect the angle of the axle to the mount. Acceleration and braking torque can generate wind-up and vibration. It might hamper the market growth during the forecast period.

Asia-Pacific dominates the automotive leaf spring market owing to China's highest passenger car sales in 2022, followed by India and Japan.

  • For instance, According to the International Organisation of Motor Vehicle Manufacturers, China contains the highest no sales of passenger vehicles at 23 million units in 2022. Moreover, the majority of suppliers in the region seek to produce lightweight solutions utilizing superior materials as it allows them to adhere to the set standards.

Furthermore, because of their lightweight and great durability, composite leaf springs are progressively replacing conventional leaf springs. Thus, the above factors will drive the market growth.

Automotive Leaf Spring Industry Overview

The Automotive Leaf Spring market in the region is fairly consolidated, with major players like EATON Detroit Spring, Inc., Sogefi SpA, and MITSUBISHI STEEL MFG. CO., LTD., NHK SPRING Co., Ltd., and Jamna Auto Industries Ltd., capturing the major market share amongst others.

Many players are investing in new technologies to gain the upper hand over their competition and focusing on new launches.

  • In May 2022, Dongfeng Motor RUS announced the launch of the DF6 pickup truck in Russia. It is a frame pickup with robust and dependable construction, as well as comfort and off-road capability. The strong undercarriage, with double-wishbone front suspension and a rear-dependent leaf spring, is suitable for Russian roads.

Automotive Leaf Spring Market Leaders

  1. EATON Detroit Spring, Inc.

  2. Sogefi SpA

  3. MITSUBISHI STEEL MFG. CO., LTD.

  4. NHK SPRING Co.,Ltd.

  5. Jamna Auto Industiries Ltd.

  6. *Disclaimer: Major Players sorted in no particular order
Automotive Leaf Spring Market Concentration
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Automotive Leaf Spring Market News

  • January 2023: Kraftfahrzeug Trunkenpolz Mattighofen will soon be playing around with composite leaf spring suspension on its motocross offerings.
  • June 2022: Foton Commercial Vehicles launched the New and Improved Foton Tunland E+ Pickup Truck in Nepal. The vehicle is equipped with a double-wishbone with coil springs and a leaf spring with a shock absorber.

Automotive Leaf Spring Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET DYNAMICS

  • 4.1 Market Drivers
    • 4.1.1 Increase in Sales of Commercial Vehicles
  • 4.2 Market Restraints
    • 4.2.1 The Spring tends to Loose Structure With Time
  • 4.3 Porter's Five Forces Analysis
    • 4.3.1 Bargaining Power of Suppliers
    • 4.3.2 Bargaining Power of Buyers/Consumers
    • 4.3.3 Threat of New Entrants
    • 4.3.4 Threat of Substitute Products
    • 4.3.5 Intensity of Competitive Rivalry

5. MARKET SEGMENTATION (Market Size in Value USD)

  • 5.1 Type
    • 5.1.1 Semi-Elliptic
    • 5.1.2 Elliptic
    • 5.1.3 Parabolic
    • 5.1.4 Other Types
  • 5.2 Vehicle Type
    • 5.2.1 Passenger Cars
    • 5.2.2 Light Commercial Vehicle
    • 5.2.3 Heavy Commercial Vehicle
  • 5.3 Sales Channel
    • 5.3.1 OEMs
    • 5.3.2 Aftermarkets
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.1.1 United States
    • 5.4.1.2 Canada
    • 5.4.1.3 Rest of North America
    • 5.4.2 Europe
    • 5.4.2.1 Germany
    • 5.4.2.2 United Kingdom
    • 5.4.2.3 France
    • 5.4.2.4 Russia
    • 5.4.2.5 Spain
    • 5.4.2.6 Rest of Europe
    • 5.4.3 Asia-Pacific
    • 5.4.3.1 India
    • 5.4.3.2 China
    • 5.4.3.3 Japan
    • 5.4.3.4 South Korea
    • 5.4.3.5 Rest of Asia-Pacific
    • 5.4.4 Rest of the World
    • 5.4.4.1 South America
    • 5.4.4.2 Middle-East and Africa

6. COMPETITIVE LANDSCAPE

  • 6.1 Vendor Market Share
  • 6.2 Company Profiles*
    • 6.2.1 EATON Detroit Spring, Inc.
    • 6.2.2 Sogefi SpA
    • 6.2.3 Mitsubishi Steel Mfg. Co., Ltd.
    • 6.2.4 NHK SPRING Co.,Ltd.
    • 6.2.5 Jamna Auto Industiries Ltd.
    • 6.2.6 Rassini
    • 6.2.7 Mack Springs Pvt. Ltd.
    • 6.2.8 EMCO INDUSTRIES
    • 6.2.9 Roc Springs
    • 6.2.10 Dendoff Springs Ltd.

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Automotive Leaf Spring Industry Segmentation

Leaf springs are an essential component of a vehicle, especially for a commercial vehicle suspension system. They are made up of several layers of leaves that vary in size, with the largest layer on top and each layer linked to the next. Leaf springs are joined to the frame directly, either at both ends or at one end. The front end of the latter is fastened to the frame, while the other end is tied to a short swinging arm by a shackle. The primary function of leaf springs is to offer passenger comfort by reducing vertical vibration produced by nonuniformity in road geometry.

The automotive leaf spring market is segmented by type, vehicle type, sales channel, and geography.

By type, the market is segmented into semi-elliptic, elliptic, parabolic, and others. By vehicle type, the market is segmented into passenger cars, light commercial vehicles, and heavy commercial vehicles. By sales channel, the market is segmented into OEMs and aftermarkets. By Geography, the market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. The report offers market size and forecasts for the automotive leaf spring market in value (USD) for the above segments.

Type Semi-Elliptic
Elliptic
Parabolic
Other Types
Vehicle Type Passenger Cars
Light Commercial Vehicle
Heavy Commercial Vehicle
Sales Channel OEMs
Aftermarkets
Geography North America United States
Canada
Rest of North America
Europe Germany
United Kingdom
France
Russia
Spain
Rest of Europe
Asia-Pacific India
China
Japan
South Korea
Rest of Asia-Pacific
Rest of the World South America
Middle-East and Africa
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Automotive Leaf Spring Market Research FAQs

What is the current Automotive Leaf Spring Market size?

The Automotive Leaf Spring Market is projected to register a CAGR of 4.56% during the forecast period (2025-2030)

Who are the key players in Automotive Leaf Spring Market?

EATON Detroit Spring, Inc., Sogefi SpA, MITSUBISHI STEEL MFG. CO., LTD., NHK SPRING Co.,Ltd. and Jamna Auto Industiries Ltd. are the major companies operating in the Automotive Leaf Spring Market.

Which is the fastest growing region in Automotive Leaf Spring Market?

Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Automotive Leaf Spring Market?

In 2025, the Asia-Pacific accounts for the largest market share in Automotive Leaf Spring Market.

What years does this Automotive Leaf Spring Market cover?

The report covers the Automotive Leaf Spring Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Automotive Leaf Spring Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Automotive Leaf Spring Industry Report

Statistics for the 2025 Automotive Leaf Spring market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Automotive Leaf Spring analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.