Automotive Leaf Spring Market Top Companies to be worth US$7,631.1 mn by 2025
A newly compiled business intelligence study by Transparency Market Research (TMR) notifies that the global automotive leaf spring market is prospering, and has project the demand to expand at a notable CAGR of 6.1% during the forecast period of 2017 to 2025. The lead analyst of the report states that while the automotive industry has been consistently touching new peaks in the past couple of decades on the back of increasing disposable income of urban populations, suspension units are essential for load capacity of the vehicles as well as for safety and comfort for passengers. Presently, a moderately consolidated competitive landscape has been detected by the TMR report in the global automotive leaf spring market, wherein a handful of players accounted for a prominent chunk of shares as of 2017. Rassini, Hendrickson USA, L.L.C., Dongfeng Motors, Sogefi SpA, Jamna Auto Industries, Emco Industries, LITEFLEX, NHK Springs Co. Ltd., Mubea, SGL Group, IFC Composite, Frauentha...