Automotive Leaf Spring Aftermarket Demand to Reach US$ 2.0 Billion in 2024, Says Stratview Research
Over the eons, the automotive industry has witnessed a remarkable transition in the leaf spring technology, material, style, design, etc.
- Over the eons, the automotive industry has witnessed a remarkable transition in the leaf spring technology, material, style, design, etc.
- As per Stratview Research, the global automotive leaf spring aftermarket is likely to witness a healthy growth rate over the next five years to reach an estimated value of US$ 1,998.8 million in 2024.
- Increasing automotive fleet size is the key driver of the leaf spring aftermarket in the automotive industry.
- Based on the spring type, the aftermarket is segmented as parabolic leaf spring and multi-leaf spring.