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Last Updated: Apr 25, 2025 | Study Period: 2023-2030
The suspension system of the car is not complete without leaf springs. They are set up to aid in bearing the full weight of the car or truck. Moreover, leaf springs control the wheelbase lengths when the vehicle is speeding up or slowing down and preserve the tyres' grip on the pavement.
In comparison to coil springs, leaf springs are also far more durable. With less deflection than coils, they can support much higher loads. It is also simpler to lift or lower trucks with leaf springs.
The simplicity of the leaf springs can be both a benefit and a drawback.Leaf springs are the best choice for commercial vehicles since they sustain the chassis' weight.
They additionally manage axle damping. The high rear moment centre and large spring base allow for more effective control of the chassis roll.
The roll inclinations will decrease if the springs are set more apart.Because it is quite similar to piling numerous leaves on top of one another, the leaf spring was given that name.
The very thin arc, which typically has a gap, can be attached to a bottom piece that also has a little gap. Making it is not at all challenging. Nowadays, the leaf spring is hardly ever employed.
The India leaf spring suspension market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.
For more than 60 years, Jamna Auto Industries Ltd. (JAI) has been in the leaf spring business. JAI is the third-largest spring maker in the world, with eight manufacturing locations dispersed throughout India. While mechanical suspensions use leaf springs.
The Indian automobile industry received this lift axle air suspension very well, and within two to three years of its release on the Indian market for rigid vehicles, the majority of OEMs began adopting it.
In order to guarantee that it could introduce the most appropriate product for Indian road conditions in the shortest amount of time, it was permitted to carry one tonne more of additional load per axle if fitted with air suspension, air suspension system for trailers.
Sl no | Topic |
1 | Market Segmentation |
2 | Scope of the report |
3 | Abbreviations |
4 | Research Methodology |
5 | Executive Summary |
6 | Introduction |
7 | Insights from Industry stakeholders |
8 | Cost breakdown of Product by sub-components and average profit margin |
9 | Disruptive innovation in the Industry |
10 | Technology trends in the Industry |
11 | Consumer trends in the industry |
12 | Recent Production Milestones |
13 | Component Manufacturing in US, EU and China |
14 | COVID-19 impact on overall market |
15 | COVID-19 impact on Production of components |
16 | COVID-19 impact on Point of sale |
17 | Market Segmentation, Dynamics and Forecast by Geography, 2023-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2023-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2023-2030 |
21 | Product installation rate by OEM, 2023 |
22 | Incline/Decline in Average B-2-B selling price in past 5 years |
23 | Competition from substitute products |
24 | Gross margin and average profitability of suppliers |
25 | New product development in past 12 months |
26 | M&A in past 12 months |
27 | Growth strategy of leading players |
28 | Market share of vendors, 2023 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |