Automotive Spring Market Size & Share 2026-2035

Automotive Spring Market Size

The global automotive spring market was valued at USD 4.1 billion in 2025. The market is expected to grow from USD 4.4 billion in 2026 to USD 7.8 billion in 2035 at a CAGR of 6.5%, according to latest report published by Global Market Insights Inc.

As one of the main parts of the vehicle structure, springs will continue to be an essential aspect of a vehicle body. Vehicle production, including passenger and commercial, is expanding worldwide, which results in sustainable growth for the automotive springs market. For the year 2025, more than 85 million vehicles were produced. All four quarters of 2025 have shown positive year-on-year.
 

For instance, according to the OICA production statistics, the global vehicle production has witnessed a growth of around 3.8% in the first three quarters of 2025 as compared to the same period of 2024. Similarly, in the third quarter of 2025, worldwide car production grew by 4.4% compared to the third quarter of 2024, increasing by 1.1% in Europe and 9.8% in China.
 

The growth is primarily attributed to rising vehicle ownership across the countries in the world as a result of increased disposable income that led consumers to afford vehicles and significantly increased the vehicle production worldwide.
 

Moreover, players in the automotive spring market have already started manufacturing lightweight springs because more people across the world are now shifting towards electric vehicles. Reducing the weight of springs could benefit the electric vehicles in extended range. OEMs are partnering with those who are using light materials such as plastics and carbon fibers, which are growing fast in terms of compound annual growth rate.
 

Geographically, many countries are now emerging as vehicle production hubs, such as India, Mexico, Thailand, Vietnam and some of the Middle East and African countries. Establishing local presence in these countries could benefit automotive spring suppliers positively in coming years.

Automotive Spring Market Trends

The market is changing with market trends. This change is driven by more vehicle production, the shift to electric vehicles, and advanced vehicle designs. Coil and leaf springs are important for passenger and commercial vehicles because they are reliable and cost-effective. They are especially useful in applications that need to handle heavy loads and last a long time.
 

Coil springs, commonly used in passenger cars, are now being used more in commercial vehicles. These springs are being made with lightweight and strong materials. Composite coil springs, like glass fiber/epoxy types, save 4-6 kg in weight per unit and resist corrosion better.
 

Leaf springs are still important, especially for commercial vehicles. New designs and materials are making them lighter and better. Parabolic leaf springs are 15-20% lighter than traditional ones. Some leaf springs now include sensors and modular designs, making them easier to maintain and more effective.
 

Lightweight materials are becoming more popular as automakers work to meet fuel-efficiency and emissions rules. Composite leaf springs, especially in electric and commercial vehicles, reduce weight and improve ride comfort and corrosion resistance. In February 2025, VB-Airsuspension added composite leaf springs to its products for X250-X290 chassis models. These springs reduce weight by up to 25 kg and improve ride quality compared to older parts.
 

As logistics and fleets grow, commercial vehicles need stronger and more reliable suspensions. In January 2026, EMCO Industries launched a high-performance mono-leaf spring for heavy-duty trailers. It supports a 22,400-pound axle weight, reduces weight, and meets strict durability standards. In October 2025, Monroe introduced a new air spring range for trucks, buses, and commercial vehicles from brands like Mercedes-Benz, IVECO, and Volvo. These springs improve safety and durability.
 

The aftermarket is growing as more people replace and upgrade springs. Digital tools are helping with predictive maintenance. Collaboration between OEMs, material suppliers, and researchers is speeding up innovation, especially in regions like Asia-Pacific and Europe, where automotive production is strong.
 

Automotive Spring Market Analysis

Based on product, the market is divided into coil springs, leaf springs, torsion springs, gas springs and others. The coil springs segment dominated the market with market share of around 40% and generating revenue of around USD 1.7 billion in 2025.
 

• Coil springs are a widely used spring type across all types of vehicles. Its high strength bears the vehicle’s high weight and is now being used for commercial vehicles. In the base year 2025, this segment accounted for about 40% of the market. More characteristics like these springs can absorb road shocks and maintain ride height in front and rear independent suspension systems, which are common in most passenger cars.
   
• These coil springs are also popular because they are reliable and easy to manufacture. Made from high-tensile steel, they perform well under different conditions and last a long time, which significantly improves ride comfort, handling, and safety. They work with dampers to smooth out road bumps and keep vehicles stable, which is important for customer satisfaction and safety tests.
• On the other hand, gas springs are expected to grow the fastest, with a CAGR of about 8.1% from 2026 to 2035. Nowadays, these types of springs are used in modern vehicles for features like hoods, trunk lids, liftgates, and adjustable seats. Gas springs control motion, preventing sudden closures and reducing the risk of hand injuries compared to mechanical springs.
   
• Electric vehicles (EVs) and hybrids use gas springs in battery covers, automated lift systems, and adjustable interiors. These springs provide precise motion control, which is important under changing conditions. As EV sales grow due to stricter emission rules and changing customer preferences, gas springs are becoming more important.

Based on material, the automotive spring market is divided into steel springs, composite springs, plastic springs and others. The steel springs segment accounts for 63.9% in 2025 and is expected to reach USD 4.8 billion by 2035.
 

• Steel price is very dynamic, despite this, automotive manufacturers rely on springs made of steel because of their high-end weight-to-strength ratio. Steel springs made up about 63.9% of the market in 2025. In the projected period, it will continue to be a widely used spring among other springs made of materials like carbon fiber, plastics and composites.
   
• Steel alloys, like silicon-manganese and chromium-vanadium, are used in suspension coil and leaf springs. These materials handle heavy vehicle loads, road shocks, and tough conditions without bending or breaking. This makes steel a good choice for many vehicles, from passenger cars to heavy trucks, where reliable performance is important.
   
• Steel springs are cheaper and can be made in large amounts with good quality. This makes them a popular choice for original equipment manufacturers (OEMs) and aftermarket replacements. Their low cost, strong supply chains, and reliable quality keep them in high demand in both growing and developed markets.
   
• Composite springs are expected to grow quickly, with a CAGR of about 7.9% from 2026 to 2035. They are lighter than steel springs, which helps reduce vehicle weight. These springs are made from materials like fiberglass and carbon-fiber-reinforced polymers, which are strong, flexible, and much lighter. Lighter springs improve fuel efficiency, make handling better, and increase the driving range for electric vehicles.
   

Based on vehicle, the automotive spring market is divided into passenger cars, commercial vehicles and two wheelers. The passenger cars segment is expected to grow at the fastest CAGR of 7.1% between 2026 and 2035.
 

• In the third quarter of 2025, global car production grew by 4.4% compared to the third quarter of 2024, increasing by 1.1% in Europe and 9.8% in China. Compared to the commercial vehicle registration, passenger vehicle registration is also high. Thus, the springs market is expected to see exponential growth in the passenger car segment.
   
• Many countries have reported mixed ownership ratios from low to high. For example, the European Commission reported that in 2023, there were on average 0.55 passenger cars per inhabitant in the EU. On top of that, this ratio is much higher in the US. According to the U.S. Census Bureau, 91.5% of U.S. households had at least one vehicle available in 2024.
   
• The demand for heavy-duty vehicles in logistics, construction, and farming is growing. These vehicles need strong suspension systems, like leaf and air springs, to handle rough roads and heavy loads. As more trucks and buses are being made worldwide, the need for new parts and replacements is also increasing, keeping spring sales steady. At the same time, the move toward lighter materials, better designs, and custom options for electric and other vehicles is creating new opportunities for suppliers to grow and improve.
   

Based on powertrain, the automotive spring market is divided into ICE and electric & hybrid. The electric & hybrid segment is expected to grow at the fastest CAGR of 8.3% between 2026 and 2035.
 

• Electric vehicle sales have grown by over 20% in 2025 as compared to the 2024 sales figure. It is estimated that the market for electric & hybrid segment will reach USD 3 billion by 2035. Factors like eco-friendly or zero-emission targets are boosting the demand for electric vehicles that will significantly represent the potential opportunity for  market players.
   
• The electric & hybrid segment is growing fast because more people are choosing electric and hybrid vehicles. These vehicles need special spring systems since their batteries are heavier, and their weight is distributed differently compared to traditional cars. To keep the ride smooth, handle the load, and ensure stability, these spring systems need to be redesigned. With EV sales expected to pass 20 million units by 2025 and make up over 25% of new car sales globally, the demand for these springs is rising.
   
• Another reason for the growth of this segment is the focus on better ride comfort and handling. These systems need springs that can handle specific loads and provide stability and comfort, especially in premium and utility vehicles. This is increasing the use of springs designed specifically for electric and hybrid vehicles.

The US automotive spring market reached USD 460.8 million in 2025, growing from USD 440 million in 2024.
 

• The United States is a major market for automotive suspension springs because it has a large vehicle manufacturing industry, a strong aftermarket, and high production of cars, pickups, SUVs, and trucks. U.S. leading in both usage and replacements. Spring suppliers benefit from steady vehicle production and the growing need to replace parts as vehicles get older.
   
• Government rules and policies are also affecting the demand for suspension parts. The U.S. Environmental Protection Agency (EPA) has set stricter emissions and fuel economy rules for vehicles made between 2027 and 2032. These rules aim to reduce pollution but also push automakers to use lightweight materials and advanced suspension systems to improve efficiency.
   
• Federal policies are also encouraging more zero-emission vehicles by 2030 under the Clean Car Standards. This is leading automakers to design springs that work better for the weight and handling needs of electric vehicles (EVs).
   
• Automakers in the U.S. are dealing with challenges from changing EV policies and supply chain issues. New proposals to increase "Buy America" requirements for federally funded EV infrastructure could help local manufacturing but might also make it harder to improve EV supply chains in the short term. Even with these challenges, advanced suspension technologies are becoming more common.
   

The North America region is estimated to reach USD 909.7 million by 2035 and expected to grow at a CAGR of 5.7% between 2026 and 2035.
 

• The automotive spring market is well-developed in this region and is mainly driven by commercial vehicle production, regular vehicle replacements, and fleet upgrades. North America accounts for a major portion of the global demand for automotive leaf springs, supported by Class 6-8 trucks and heavy-duty commercial fleets. Fleet operators often replace or upgrade leaf springs to improve ride quality and reduce driver fatigue, which boosts aftermarket sales.
• For coil springs, North America has a strong position globally because of high vehicle ownership and a well-established aftermarket network in the U.S. and Canada. Automakers in the region are increasingly using advanced spring designs to improve the performance and comfort of passenger cars, light trucks, SUVs, and commercial vehicles.
   
• Emissions and fuel economy rules are affecting how suspensions are made. In North America, the EPA's 2027-2032 standards for light and medium-duty vehicles are pushing automakers to make vehicles lighter and more efficient. This has increased interest in using lightweight spring materials, but steel is still common because it is strong and reliable.
   
• North America is moving slower on electrification compared to Asia Pacific, which has kept the demand for EV-specific suspension parts lower. Still, the growing electric vehicle markets in the U.S. and Canada are opening up new opportunities.
   

The Europe region holds 17.2% of the automotive spring market in 2025 and is expected to grow at the fastest CAGR of 8.2% between 2026 and 2035.
 

• Germany, France, the UK, and Italy are the main countries driving Europe’s market. These countries have strong car industries and a consistent need for replacement springs in both passenger and commercial vehicles. The focus on high-quality suspension systems helps meet strict safety and comfort standards, which supports the sales of coil and leaf springs.
   
• Government policies play a big role in shaping the automotive market in Europe. The European Green Deal aims to cut CO₂ emissions and plans to stop the sale of new combustion engine vehicles by 2035. However, recent changes in regulations give manufacturers more flexibility to meet the 2030 and 2035 emission targets.
   
• According to ACEA, in 2025, around 1.9 million new battery-electric cars were registered. The four largest markets, including Germany, accounted for over 43% growth, the Netherlands 18.1%, Belgium 12.6%, and France 12.5% cumulatively accounted for 62% of these registrations and showed strong growth.
   

Germany's automotive spring market is growing quickly in Europe, with a CAGR of 7.8% between 2026 and 2035.
 

• Germany is an important market for automotive spring systems in Europe because it is a major car manufacturing hub with many top carmakers and suppliers. Germany leads Europe in using the most automotive springs in cars and trucks.
   
• Coil and leaf springs are commonly used in luxury cars, performance vehicles, and commercial trucks. German suppliers work closely with global carmakers, which keeps the demand for springs steady.
   
• In 2025, Germany became the second-largest producer of electric vehicles (EVs) in the world, making about 1.67 million EVs, including battery and plug-in hybrids. This shows Germany’s big move toward EVs, which is also increasing the demand for springs used in heavier EVs. To support this, the German government reintroduced EV purchase subsidies ranging from €1,500 to €6,000. These subsidies, available to all manufacturers until 2029, are helping boost EV sales and the need for suspension parts.
   
• At the same time, Germany and the EU are dealing with mixed policy signals. The EU plans to allow only zero-emission vehicles by 2035, but recent talks suggest up to 10% of vehicles could still be non-zero emission after that. These policy changes, along with competition in the industry, could affect how quickly EV-specific spring technologies are adopted.
   

The Asia Pacific region is expected to grow at the CAGR of 6.7% between 2026 and 2035 in the automotive spring market.
 

• The Asia Pacific region is the largest in terms of vehicle production. In the market, the region holds about 58% share in 2025. Increasing vehicle production and the rise of electric vehicles (EVs) in countries like China, India, Japan, South Korea, and Southeast Asia have encouraged investors to form partnerships, localize their manufacturing hubs in countries of this region.
   
• More demand for passenger cars and commercial vehicles is driving the need for both traditional steel springs and advanced composite springs. EVs and hybrids especially need suspension systems that can handle heavier batteries while still giving a smooth and comfortable ride.
   
• Governments in the region are supporting this growth with policies that promote EVs and improve infrastructure. For example, China’s tax breaks and exemptions have helped boost New Energy Vehicle (NEV) sales. India’s PM-E-DRIVE program and its EV goals aim to increase EV use by 2030. Japan is focusing on developing new technologies to stay competitive in electric and software-driven vehicles. These efforts are increasing the use of electrified powertrains, which is also raising the demand for suspension systems made for EVs.
   

China is estimated to grow with a CAGR of 6.3% in the projected period between 2026 and 2035, in the Asia Pacific automotive spring market.
 

• China is the largest market for automotive spring systems by volume. This is due to its large automotive production, growing middle class, and increasing adoption of electric vehicles. Asia-Pacific leads in global HVAC volumes, with China contributing a major share.
   
• Moreover, the country is the biggest car market in the world, which creates a high demand for suspension parts like automotive springs in both passenger and commercial vehicles. According to the IEA, in 2024, China made up over 40% of global new energy vehicle (NEV) sales. With electric and hybrid cars becoming more common, China has become an important market for spring systems designed for heavier EVs and smoother rides.
   
• Government policies have played a big role in boosting the production and use of electric vehicles in China, which has also increased the need for springs. Purchase tax exemptions, fully waived until 2025, have made EVs cheaper and encouraged more people to buy them.
   

Mexico is estimated to grow with a CAGR of 5.3% between 2026 and 2035, in the Latin America automotive spring market.
 

• Mexico's automotive industry is an important part of the country’s economy, making up about 4.5% of the GDP through vehicle production and exports. The focus on exports keeps demand strong for suspension parts like automotive springs in both original equipment and aftermarket markets. Big automakers like Ford, GM, Volkswagen, and Nissan, along with factories like Ford's Hermosillo Assembly, help keep production steady.
   
• In recent years, the industry has faced some challenges. In 2025, exports and production dropped slightly because of tariffs and slower growth in key markets. A small drop in vehicle production at the end of 2025 showed how changes in production can affect the demand for auto parts like springs. This shows how much Mexico’s automotive supply chain depends on outside factors, especially demand from the U.S.
   
• On the policy side, Mexico is dealing with trade and tariff issues that affect vehicle production and parts supply. Proposed tariffs of up to 50% on imports from China and some Asian countries are meant to protect local industries and fix trade imbalances. However, these tariffs could also increase costs for imported parts, like spring materials, used in making vehicles. Another important factor is the 2026 review of the United States-Mexico-Canada Agreement (USMCA).
   

UAE to experience substantial growth in the Middle East and Africa automotive spring market in 2025.
 

• The UAE doesn’t produce as many vehicles as big manufacturing countries, but there is still strong demand for suspension parts from new energy vehicles. The government is working to grow the economy and invest in electric vehicles (EVs) and smart infrastructure, which is helping more people switch to EVs. Policies supporting EV charging stations and plans to reach net-zero emissions by 2050 are pushing this change.
   
• In coming years, it is expected that major EV manufacturers will expand into the country that will be creating more demand for springs that can handle the weight and performance needs of EVs.
   
• Some key trends in the UAE include more demand for high-quality suspension upgrades for luxury and performance cars, the growth of commercial fleets with a focus on electric vehicles, and the use of advanced materials and smart suspension technologies. As the UAE works toward its electric mobility goals, the need for both regular and EV-specific spring solutions is expected to grow.

Automotive Spring Market Share

The top 7 companies in the automotive spring industry are NHK Spring, Mitsubishi Steel, Mubea, Rassini, Sogefi, Thyssenkrupp and ZF Friedrichshafen contributing 65.7% of the market in 2025.
 

• NHK Spring makes many types of suspension springs for vehicles. These include coil springs, leaf springs, stabilizers, torsion bars, and links. They help absorb shocks, make rides smoother, and keep vehicles stable for both passenger and commercial vehicles.
   
• Mitsubishi Steel makes springs like coil springs, heavy-duty coil springs, leaf springs, and stabilizer bars. They use strict quality checks and efficient processes to meet different suspension needs.
   
• Mubea makes springs such as coil springs, stabilizer bars, disc springs, and lightweight suspension parts. These products improve vehicle performance, reduce weight, and meet various needs.
   
• Rassini makes strong coil and leaf springs that can handle heavy loads and last a long time. Their springs are used in passenger, commercial, and heavy-duty vehicles.
   
• Sogefi makes many types of springs, including wire-form, flat, extension, torsion, and compression springs. These springs are used in suspension systems and other vehicle parts for passenger and commercial vehicles.
   
• Thyssenkrupp makes coil springs, stabilizer bars, and other spring products. These are designed to improve driving comfort and safety for different vehicles.
   
• ZF Friedrichshafen makes suspension springs like coil and air springs. These are part of larger chassis systems and help improve ride comfort, stability, and performance.

Automotive Spring Market Companies

Major players operating in the automotive spring industry are:

• GKN Automotive
• Lesjofors
• Mitsubishi Steel
• Mubea
• NHK Spring
• Rassini
• Sogefi
• Thyssenkrupp
• UNI AUTO
• ZF Friedrichshafen
   

• NHK Spring is a market leader with large global production capacity. It has strong partnerships with OEMs and focuses on making high-quality suspension springs.
   
• Mitsubishi Steel uses its full manufacturing process, from raw materials to finished springs, to offer a wide range of springs. These springs improve ride comfort and durability for different types of vehicles.
   
• Mubea is recognized for its lightweight spring technologies and large-scale production. It creates suspension solutions that improve vehicle efficiency and meet the needs of electric vehicles.
   
• Rassini makes affordable suspension parts, especially for heavy-duty and commercial vehicles. It uses cost-effective production methods and has strong relationships with major vehicle manufacturers.
   
• Sogefi offers a wide range of suspension springs and related parts. It focuses on corrosion resistance, automated production, and serves both OEMs and the aftermarket.
   
• Thyssenkrupp combines expertise in metals and engineering to make strong, high-performance springs. It provides custom solutions for different vehicle types.
   
• ZF Friedrichshafen uses its automotive expertise to make suspension springs that fit into advanced chassis systems. It works closely with OEMs to improve vehicle performance.
   

Automotive Spring Industry News

• In February 2025, VB-Airsuspension added composite leaf springs to its product range for X250-X290 chassis models. These springs are lighter by up to 25 kg and improve ride comfort and height compared to the original suspension.
   

• In January 2026, EMCO Industries launched its High-Performance Mono-Leaf Spring for heavy-duty trailers. This spring, with a 22,400-pound gross axle weight rating, helps solve supply chain delays faced by OEMs and distributors.
   

• In October 2025, Monroe introduced new air springs for commercial vehicles. These springs improve safety, performance, and durability. They work with many trucks, buses, and vehicles from brands like Mercedes-Benz, IVECO, DAF, Renault Trucks, MAN, and Volvo.
   
• In August 2025, MG Motor Australia announced its first ute, the MG U9. It will have an independent multi-link coil-sprung rear suspension, making it different from other dual-cab utes like the LDV Terron 9.
   
• In May 2025, febi launched a new range of Air Suspension parts. This range includes Air Spring Struts, Air Springs, and Air Compressors, with over 100 parts for more than 4,000 vehicles. These parts match OE standards for brands like Mercedes-Benz, Audi, BMW, and Land Rover.
   

The automotive spring market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and volume (thousand units) from 2022 to 2035, for the following segments:

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Market, By Product

• Coil springs
• Leaf springs
• Torsion springs
• Gas springs
• Others

Market, By Material

• Steel springs
• Composite springs
• Plastic springs
• Others

Market, By Load Capacity

• Light-duty springs
• Medium-duty springs
• Heavy-duty springs

Market, By Vehicle

• Passenger cars
  • Hatchback
  • Sedan
  • SUV
• Commercial vehicles
  • LCV
  • MCV
  • HCV
• Two wheelers

Market, By Powertrain

• ICE
• Electric & hybrid
  • BEV
  • HEV
  • PHEV
  • FCEV

Market, By End Use

• Suspension system
• Engine valves
• Clutch assemblies
• Transmission system
• Others

Market, By Sales Channel

• OEM
• Aftermarket

The above information is provided for the following regions and countries:

• North America
  • US
  • Canada
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Czech Republic
  • Belgium
  • Russia
  • Netherlands
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Singapore
  • Malaysia
  • Indonesia
  • Vietnam
  • Thailand
• Latin America
  • Brazil
  • Mexico
  • Argentina
  • Colombia
• MEA
  • South Africa
  • Saudi Arabia
  • UAE