Global EV Plastic Suspension Springs Market 2024-2030
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Global EV Plastic Suspension Springs Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

EV PLASTIC SUSPENSION SPRINGS MARKET

 

INTRODUCTION

A car is fundamentally a very large mass of metal, plastic, rubber, glass, and fabric, regardless of the brand or model. Physics states that several various forces will be acting on you and your car while all of that weight is moving quickly.

 

Some of those pressures are to be countered by your suspension, while others are to be redirected or absorbed. For instance, if the road is a bit rough and you are rounding a curve, your car may have a tendency to lean over and bounce a little, which may cause your tires to lose traction on the road.

 

All of the components that move about (or remain in place) to maintain tire contact with the road and prevent your car from bouncing around erratically collectively are referred to as the suspension.

 

It is in charge of providing you with a comfortable ride, balancing the weight of your automobile, and enabling the proper angles, heights, and movements of your wheels during acceleration, deceleration, and turning.

 

All suspension systems, in general, are made up of a number of springs, dampers, and bars that are connected to one another and your car's body. While there are many variations among the different designs, the fundamental ideas are always the same. Ride and handling are the two key factors on which most manufacturers concentrate when developing suspension.

 

EV PLASTIC SUSPENSION SPRINGS MARKET SIZE AND FORECAST

 

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The Global EV Plastic Suspension Springs market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

 

EV PLASTIC SUSPENSION SPRINGS MARKETNEW PRODUCT LAUNCH

Before the year is out, Audi will add new, thinner Plastic Suspension Springs made of glass fiber-reinforced polymer (GFRP) to an upper mid-size vehicle.

 

The GFRP spring that Audi created in partnership with an Italian supplier even has a unique appearance. It is bright green, the fiber strand is thicker than a steel spring's wire, and it has fewer coils overall but a little greater overall diameter. It is, however, around 40% lighter.

 

A GFRP spring with the same qualities weighs just about 1.6 kilograms, compared to the nearly 2.7 kilos of a steel spring for an upper mid-size model.

 

Before the year is out, an upper mid-size vehicle from Audi will include new, thin suspension springs constructed of glass fiber-reinforced polymer (GFRP).

 

Even visually, the GFRP spring is distinct from a steel spring. Audi developed it in partnership with an Italian supplier. It features a lighter shade of green, a fiber strand that is thicker than the steel spring's wire, a slightly larger overall diameter, and fewer coils. It is about 40% lighter, though. A GFRP spring with the same qualities weighs just about 1.6 kilograms, compared to a steel spring for an upper mid-size model that is close to 2.7 kilos.

 

EV PLASTIC SUSPENSION SPRINGS MARKETCOMPANY PROFILE

  • Draco Spring
  • Marelli
  • Rassini
  • Kilen Springs
  • Renton Coil Spring

 

THIS REPORT WILL ANSWER THE FOLLOWING QUESTIONS OFEV PLASTIC SUSPENSION SPRINGS MARKET

  1. How many EV Plastic Suspension Springs are manufactured per annum globally? Who are the sub-component suppliers in different regions?
  2. Cost breakup of a Global EV Plastic Suspension Springs and key vendor selection criteria
  3. Where are the EV Plastic Suspension Springs manufactured? What is the average margin per unit?
  4. Market share of Global EV Plastic Suspension Springs market manufacturers and their upcoming products
  5. The cost advantage for OEMs who manufacture Global EV Plastic Suspension Springs in-house
  6. key predictions for the next 5 years in the Global EV Plastic Suspension Springs market
  7. Average B-2-B EV Plastic Suspension Springs market price in all segments
  8. Latest trends in the EV Plastic Suspension Springs market, by every market segment
  9. What is the market size (both volume and value) of the EV Plastic Suspension Springs market in 2024-2030 and every year in between?
  10. Production breakup of EV Plastic Suspension Springs market, by suppliers and their OEM relationship

 

Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix