Global Spring Market Size, Share, Growth Analysis Report - Forecast 2034
Spring Market By Type (Compression Spring, Extension Spring, Torsion Spring, Constant Force Spring, Others), By Material (Steel, Stainless Steel, Bronze, Beryllium, Others), By End-user (Automotive, Aerospace, Industrial Equipment, Consumer Goods, Medical Devices, Others), By Function (Load-bearing, Energy Storage, Tension Control), and By Region: Global and Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, and Forecasts 2025 - 2034
Category: Consumer Goods Report Format : PDF
Pages: 220 Report Code: ZMR-7171
Published Date: Jun-2025 Status : Published
| Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
|---|---|---|---|
| USD 26.31 Billion | USD 42.40 Billion | 4.89% | 2024 |
Table Of Content
- Chapter 1. Preface
- 1.1 Report Description and Scope
- 1.2 Research scope
- 1.3 Research methodology
- 1.3.1 Market Research Type
- 1.3.2 Market research methodology
- Chapter 2. Executive Summary
- 2.1 Global Spring Market, (2023 - 2030) (USD Billion)
- 2.2 Global Spring Market : snapshot
- Chapter 3. Global Spring Market - Industry Analysis
- 3.1 Spring Market: Market Dynamics
- 3.2 Market Drivers
- 3.2.1 Growing demand in the aviation sector to propel market growth
- 3.3 Market Restraints
- 3.3.1. Fluctuating prices of raw materials to restrict the market growth
- 3.4 Market Opportunities
- 3.4.1. Growing electric vehicles (EVs) segment to provide growth opportunities
- 3.5 Market Challenges
- 3.5.1. High competition to challenge market growth
- 3.6 Porter’s Five Forces Analysis
- 3.7 Market Attractiveness Analysis
- 3.7.1 Market attractiveness analysis By End-User
- 3.7.2 Market attractiveness analysis By Type
- Chapter 4. Global Spring Market- Competitive Landscape
- 4.1 Company market share analysis
- 4.1.1 Global Spring Market: company market share, 2022
- 4.2 Strategic development
- 4.2.1 Acquisitions & mergers
- 4.2.2 New Product launches
- 4.2.3 Agreements, partnerships, cullaborations, and joint ventures
- 4.2.4 Research and development and Regional expansion
- 4.3 Price trend analysis
- 4.1 Company market share analysis
- Chapter 5. Global Spring Market - End-User Analysis
- 5.1 Global Spring Market overview: By End-User
- 5.1.1 Global Spring Market share, By End-User, 2022 and 2030
- 5.2 Agriculture & Forestry
- 5.2.1 Global Spring Market by Agriculture & Forestry, 2023 - 2030 (USD Billion)
- 5.3 Automotive & Transportation
- 5.3.1 Global Spring Market by Automotive & Transportation, 2023 - 2030 (USD Billion)
- 5.4 Manufacturing
- 5.4.1 Global Spring Market by Manufacturing, 2023 - 2030 (USD Billion)
- 5.5 Construction
- 5.5.1 Global Spring Market by Construction, 2023 - 2030 (USD Billion)
- 5.6 Others
- 5.6.1 Global Spring Market by Others, 2023 - 2030 (USD Billion)
- 5.1 Global Spring Market overview: By End-User
- Chapter 6. Global Spring Market - Type Analysis
- 6.1 Global Spring Market overview: By Type
- 6.1.1 Global Spring Market share, By Type, 2022 and 2030
- 6.2 Helical Spring
- 6.2.1 Global Spring Market by Helical Spring, 2023 - 2030 (USD Billion)
- 6.3 Leaf Spring
- 6.3.1 Global Spring Market by Leaf Spring, 2023 - 2030 (USD Billion)
- 6.4 Coil Spring
- 6.4.1 Global Spring Market by Coil Spring, 2023 - 2030 (USD Billion)
- 6.5 Others
- 6.5.1 Global Spring Market by Others, 2023 - 2030 (USD Billion)
- 6.1 Global Spring Market overview: By Type
- Chapter 7. Spring Market - Regional Analysis
- 7.1 Global Spring Market Regional Overview
- 7.2 Global Spring Market Share, by Region, 2022 & 2030 (USD Billion)
- 7.3. North America
- 7.3.1 North America Spring Market, 2023 - 2030 (USD Billion)
- 7.3.1.1 North America Spring Market, by Country, 2023 - 2030 (USD Billion)
- 7.3.1 North America Spring Market, 2023 - 2030 (USD Billion)
- 7.4 North America Spring Market, by End-User, 2023 - 2030
- 7.4.1 North America Spring Market, by End-User, 2023 - 2030 (USD Billion)
- 7.5 North America Spring Market, by Type, 2023 - 2030
- 7.5.1 North America Spring Market, by Type, 2023 - 2030 (USD Billion)
- 7.4. Europe
- 7.4.2 Europe Spring Market, 2023 - 2030 (USD Billion)
- 7.4.2.1 Europe Spring Market, by Country, 2023 - 2030 (USD Billion)
- 7.4.2 Europe Spring Market, 2023 - 2030 (USD Billion)
- 7.4 Europe Spring Market, by End-User, 2023 - 2030
- 7.4.1 Europe Spring Market, by End-User, 2023 - 2030 (USD Billion)
- 7.5 Europe Spring Market, by Type, 2023 - 2030
- 7.5.1 Europe Spring Market, by Type, 2023 - 2030 (USD Billion)
- 7.5. Asia Pacific
- 7.5.3 Asia Pacific Spring Market, 2023 - 2030 (USD Billion)
- 7.5.3.1 Asia Pacific Spring Market, by Country, 2023 - 2030 (USD Billion)
- 7.5.3 Asia Pacific Spring Market, 2023 - 2030 (USD Billion)
- 7.4 Asia Pacific Spring Market, by End-User, 2023 - 2030
- 7.4.1 Asia Pacific Spring Market, by End-User, 2023 - 2030 (USD Billion)
- 7.5 Asia Pacific Spring Market, by Type, 2023 - 2030
- 7.5.1 Asia Pacific Spring Market, by Type, 2023 - 2030 (USD Billion)
- 7.6. Latin America
- 7.6.4 Latin America Spring Market, 2023 - 2030 (USD Billion)
- 7.6.4.1 Latin America Spring Market, by Country, 2023 - 2030 (USD Billion)
- 7.6.4 Latin America Spring Market, 2023 - 2030 (USD Billion)
- 7.4 Latin America Spring Market, by End-User, 2023 - 2030
- 7.4.1 Latin America Spring Market, by End-User, 2023 - 2030 (USD Billion)
- 7.5 Latin America Spring Market, by Type, 2023 - 2030
- 7.5.1 Latin America Spring Market, by Type, 2023 - 2030 (USD Billion)
- 7.7. The Middle-East and Africa
- 7.7.5 The Middle-East and Africa Spring Market, 2023 - 2030 (USD Billion)
- 7.7.5.1 The Middle-East and Africa Spring Market, by Country, 2023 - 2030 (USD Billion)
- 7.7.5 The Middle-East and Africa Spring Market, 2023 - 2030 (USD Billion)
- 7.4 The Middle-East and Africa Spring Market, by End-User, 2023 - 2030
- 7.4.1 The Middle-East and Africa Spring Market, by End-User, 2023 - 2030 (USD Billion)
- 7.5 The Middle-East and Africa Spring Market, by Type, 2023 - 2030
- 7.5.1 The Middle-East and Africa Spring Market, by Type, 2023 - 2030 (USD Billion)
- Chapter 8. Company Profiles
- 8.1 Betts Spring Manufacturing
- 8.1.1 Overview
- 8.1.2 Financials
- 8.1.3 Product Portfolio
- 8.1.4 Business Strategy
- 8.1.5 Recent Developments
- 8.2 Lee Spring
- 8.2.1 Overview
- 8.2.2 Financials
- 8.2.3 Product Portfolio
- 8.2.4 Business Strategy
- 8.2.5 Recent Developments
- 8.3 Acxess Spring
- 8.3.1 Overview
- 8.3.2 Financials
- 8.3.3 Product Portfolio
- 8.3.4 Business Strategy
- 8.3.5 Recent Developments
- 8.4 Associated Spring
- 8.4.1 Overview
- 8.4.2 Financials
- 8.4.3 Product Portfolio
- 8.4.4 Business Strategy
- 8.4.5 Recent Developments
- 8.5 Katy Spring & Mfg. Inc.
- 8.5.1 Overview
- 8.5.2 Financials
- 8.5.3 Product Portfolio
- 8.5.4 Business Strategy
- 8.5.5 Recent Developments
- 8.6 Century Spring Corp
- 8.6.1 Overview
- 8.6.2 Financials
- 8.6.3 Product Portfolio
- 8.6.4 Business Strategy
- 8.6.5 Recent Developments
- 8.7 Murphy & Read Spring Manufacturing Co.
- 8.7.1 Overview
- 8.7.2 Financials
- 8.7.3 Product Portfolio
- 8.7.4 Business Strategy
- 8.7.5 Recent Developments
- 8.8 Peterson Spring
- 8.8.1 Overview
- 8.8.2 Financials
- 8.8.3 Product Portfolio
- 8.8.4 Business Strategy
- 8.8.5 Recent Developments
- 8.9 Master Spring and Wire Form Co.
- 8.9.1 Overview
- 8.9.2 Financials
- 8.9.3 Product Portfolio
- 8.9.4 Business Strategy
- 8.9.5 Recent Developments
- 8.10 MW Industries Inc.
- 8.10.1 Overview
- 8.10.2 Financials
- 8.10.3 Product Portfolio
- 8.10.4 Business Strategy
- 8.10.5 Recent Developments
- 8.11 Hardware Products Company
- 8.11.1 Overview
- 8.11.2 Financials
- 8.11.3 Product Portfolio
- 8.11.4 Business Strategy
- 8.11.5 Recent Developments
- 8.12 Vulcan Spring & Mfg. Co.
- 8.12.1 Overview
- 8.12.2 Financials
- 8.12.3 Product Portfolio
- 8.12.4 Business Strategy
- 8.12.5 Recent Developments
- 8.13 Custom Spring Corporation
- 8.13.1 Overview
- 8.13.2 Financials
- 8.13.3 Product Portfolio
- 8.13.4 Business Strategy
- 8.13.5 Recent Developments
- 8.14 Diamond Wire Spring Company
- 8.14.1 Overview
- 8.14.2 Financials
- 8.14.3 Product Portfolio
- 8.14.4 Business Strategy
- 8.14.5 Recent Developments
- 8.15 The Yost Superior Co.
- 8.15.1 Overview
- 8.15.2 Financials
- 8.15.3 Product Portfolio
- 8.15.4 Business Strategy
- 8.15.5 Recent Developments
- 8.16 North Shore Steel
- 8.16.1 Overview
- 8.16.2 Financials
- 8.16.3 Product Portfolio
- 8.16.4 Business Strategy
- 8.16.5 Recent Developments
- 8.17 Duer Carolina Coil Inc.
- 8.17.1 Overview
- 8.17.2 Financials
- 8.17.3 Product Portfolio
- 8.17.4 Business Strategy
- 8.17.5 Recent Developments
- 8.18 Springfield Spring Corporation
- 8.18.1 Overview
- 8.18.2 Financials
- 8.18.3 Product Portfolio
- 8.18.4 Business Strategy
- 8.18.5 Recent Developments
- 8.19 Ajax Spring & Manufacturing Co. Inc.
- 8.19.1 Overview
- 8.19.2 Financials
- 8.19.3 Product Portfolio
- 8.19.4 Business Strategy
- 8.19.5 Recent Developments
- 8.20 Myers Spring Co. Inc.
- 8.20.1 Overview
- 8.20.2 Financials
- 8.20.3 Product Portfolio
- 8.20.4 Business Strategy
- 8.20.5 Recent Developments
- 8.21 W.B. Jones Spring Co. Inc.
- 8.21.1 Overview
- 8.21.2 Financials
- 8.21.3 Product Portfolio
- 8.21.4 Business Strategy
- 8.21.5 Recent Developments
- 8.22 Coiling Technologies Inc.
- 8.22.1 Overview
- 8.22.2 Financials
- 8.22.3 Product Portfolio
- 8.22.4 Business Strategy
- 8.22.5 Recent Developments
- 8.23 Scherdel Sales & Technology Inc.
- 8.23.1 Overview
- 8.23.2 Financials
- 8.23.3 Product Portfolio
- 8.23.4 Business Strategy
- 8.23.5 Recent Developments
- 8.24 Michigan Steel Spring Co.
- 8.24.1 Overview
- 8.24.2 Financials
- 8.24.3 Product Portfolio
- 8.24.4 Business Strategy
- 8.24.5 Recent Developments
- 8.25 Peterson American Corporation.
- 8.25.1 Overview
- 8.25.2 Financials
- 8.25.3 Product Portfolio
- 8.25.4 Business Strategy
- 8.25.5 Recent Developments
- 8.1 Betts Spring Manufacturing
Table Of Figures
- 1. Market research Type
- 2. Market research methodology
- 3. Global Spring Market, 2023 - 2030 (USD Billion)
- 4. Porter’s Five Forces Analysis
- 5. Global Spring Market attractiveness, By End-User
- 6. Global Spring Market attractiveness, By Type
- 7. Global Spring Market share by End-User, 2023 and 2030 (USD Billion)
- 8. Global Spring Market by Agriculture & Forestry, 2023 - 2030 (USD Billion)
- 9. Global Spring Market by Automotive & Transportation, 2023 - 2030 (USD Billion)
- 10. Global Spring Market by Manufacturing, 2023 - 2030 (USD Billion)
- 11. Global Spring Market by Construction, 2023 - 2030 (USD Billion)
- 12. Global Spring Market by Others, 2023 - 2030 (USD Billion)
- 13. Global Spring Market share by Type, 2023 and 2030 (USD Billion)
- 14. Global Spring Market by Helical Spring, 2023 - 2030 (USD Billion)
- 15. Global Spring Market by Leaf Spring, 2023 - 2030 (USD Billion)
- 16. Global Spring Market by Coil Spring, 2023 - 2030 (USD Billion)
- 17. Global Spring Market by Others, 2023 - 2030 (USD Billion)
- 18. Global Spring Market share, by Region, 2023 and 2030
- 19. North America Spring Market, 2023 - 2030 (USD Billion)
- 20. Europe Spring Market, 2023 - 2030 (USD Billion)
- 21. Asia Pacific Spring Market, 2023 - 2030 (USD Billion)
- 22. Latin America Spring Market, 2023 - 2030 (USD Billion)
- 23. The Middle-East and Africa Spring Market, 2023 - 2030 (USD Billion)
Table Of Tables
- 1. Global Spring Market: Snapshot
- 2. Drivers of the Spring Market: impact analysis
- 3. North America Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 4. North America Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 5. U.S. Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 6. U.S. Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 7. Canada Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 8. Canada Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 9. Europe Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 10. Europe Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 11. Germany Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 12. Germany Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 13. France Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 14. France Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 15. U.K. Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 16. U.K. Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 17. Italy Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 18. Italy Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 19. Spain Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 20. Spain Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 21. Rest of Europe Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 22. Rest of Europe Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 23. Asia Pacific Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 24. Asia Pacific Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 25. China Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 26. China Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 27. Japan Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 28. Japan Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 29. India Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 30. India Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 31. South Korea Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 32. South Korea Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 33. South-East Asia Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 34. South-East Asia Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 35. Rest of Asia Pacific Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 36. Rest of Asia Pacific Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 37. Latin America Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 38. Latin America Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 39. Brazil Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 40. Brazil Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 41. Mexico Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 42. Mexico Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 43. Rest of Latin America Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 44. Rest of Latin America Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 45. The Middle-East and Africa Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 46. The Middle-East and Africa Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 47. GCC Countries Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 48. GCC Countries Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 49. South Africa Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 50. South Africa Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
- 51. Rest of Middle-East Africa Spring Market revenue, By End-User, 2023 - 2030 (USD Billion)
- 52. Rest of Middle-East Africa Spring Market revenue, By Type, 2023 - 2030 (USD Billion)
Methodology
FrequentlyAsked Questions
The industry deals with the manufacturing and distribution springs which are mechanical components and used in various mechanical systems and machines.
The global spring market is expected to grow due to Industrial automation, automotive production, and machinery demand drive market growth. Increasing use in electronics and precision devices supports expansion.
According to a study, the global spring market size was worth around USD 26.31 Billion in 2024 and is expected to reach USD 42.40 Billion by 2034.
The global spring market is expected to grow at a CAGR of 4.89% during the forecast period.
Asia-Pacific is expected to dominate the spring market over the forecast period.
Leading players in the global spring market include Betts Spring Manufacturing, Lee Spring, Acxess Spring, Associated Spring, Katy Spring & Mfg., Inc., Century Spring Corp, Murphy & Read Spring Manufacturing Co., Peterson Spring, Master Spring and Wire Form Co., MW Industries, Inc., Hardware Products Company, Vulcan Spring & Mfg. Co., Custom Spring Corporation, Diamond Wire Spring Company, The Yost Superior Co., North Shore Steel, Duer Carolina Coil, Inc., Springfield Spring Corporation, Ajax Spring & Manufacturing Co., Inc., Myers Spring Co. Inc., W.B. Jones Spring Co. Inc., Coiling Technologies, Inc., Scherdel Sales & Technology, Inc., Michigan Steel Spring Co., and Peterson American Corporation., among others.
The report explores crucial aspects of the spring market, including a detailed discussion of existing growth factors and restraints, while also examining future growth opportunities and challenges that impact the market.
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