Automotive Composite Leaf Springs Market forecasted to reach US$ 86.6 million in 2023
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  • Automotive Composite Leaf Springs Market forecasted to reach US$ 86.6 million in 2023

     



    (Transportation-News.com, January 17, 2019 )
    Stratview Research has launched a research report on Automotive Composite Leaf Springs Market. The objective of this report is to identify the Trend, Forecast, Competitive Analysis, and Growth Opportunity of Automotive Composite Leaf Springs Market from 2018 to 2023.

    This 242-page report is segmented in five ways to provide a 360-degree holistic view. The segments are –
    • By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium- and Heavy-Duty Commercial Vehicle)
    • By Installation Type (Transversal, Longitudinal)
    • By Manufacturing Process (Compression Molding Process, Prepreg Layup Process, Other Processes)
    • By Location (Front Leaf Spring, Rear Leaf Spring)
    • By Region
    o North America (Country Analysis: The USA, Canada, and Mexico)
    o Europe (Country Analysis: France, Germany, Sweden, Italy, Russia, and Rest of Europe)
    o Asia-Pacific (Country Analysis: China, South Korea, India, and Rest of Asia-Pacific)
    o Rest of the World (Country Analysis: Brazil, Argentina, and Others)

    Stratview Research has presented the study of Automotive Composite Leaf Springs Market over the trend period of 2012 to 2017 and forecast period of 2018 to 2023. The report provides detailed insights on the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
    The key automotive OEMs are Daimler, GM, Volvo, Fiat, Iveco, Peterbilt, Navistar, and Mahindra & Mahindra. The global automotive composite leaf spring is a highly consolidated market. The key leaf spring manufacturers are Liteflex LLC, IFC Composite, and Benteler-SGL.

    Go through the detailed scope: https://www.stratviewresearch.com/toc/181/automotive-composite-leaf-springs-market.html
    Or
    Get a free sample of the report: https://www.stratviewresearch.com/Request-Sample/181/automotive-composite-leaf-springs-market.html

    Demand of composites in automotive industry for leaf springs
    The global automotive composite leaf spring is a niche market and currently represents less than 1% of the total automotive leaf springs (metals + composites) market. It is likely to remain niche in the foreseeable future but possesses significant growth potential in the coming years. It is forecasted to grow at an attractive rate over the next five years to reach US$ 86.6 million in 2023. Increasing automobile production, an increasing demand for lightweight leaf springs to achieve stringent government regulations of many countries, such as CAFÉ Standards, and the market entry of new players targeting local markets are the major factors that are proliferating the growth of the composite leaf springs market in the automotive industry.

    About Stratview Research
    Stratview Research is a trusted brand globally, providing high quality research and strategic insights that help companies worldwide in effective decision making.


    Stratview Research

    Ritesh Gandecha

    +1-313-307-4176

    sales@stratviewresearch.com

    Source: EmailWire.Com

    Source: EmailWire.com

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