| Product Code: ETC7537766 | Publication Date: Sep 2024 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sumit Sagar | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |
India`s automotive suspension spring import shipments in 2024 show a significant growth trajectory with a high compound annual growth rate (CAGR) of 20.37% from 2020 to 2024. The top exporting countries to India for these products include Germany, USA, China, South Korea, and Japan. Despite the growth in import volumes, the market remains competitive with low concentration, as indicated by the Herfindahl-Hirschman Index (HHI). The strong growth rate of 17.94% from 2023 to 2024 underscores the increasing demand for automotive suspension springs in the Indian market.

1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Automotive Suspension Spring Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Automotive Suspension Spring Market Revenues & Volume, 2021 & 2031F |
3.3 India Automotive Suspension Spring Market - Industry Life Cycle |
3.4 India Automotive Suspension Spring Market - Porter's Five Forces |
3.5 India Automotive Suspension Spring Market Revenues & Volume Share, By Spring Type, 2021 & 2031F |
3.6 India Automotive Suspension Spring Market Revenues & Volume Share, By Vehicle Type, 2021 & 2031F |
3.7 India Automotive Suspension Spring Market Revenues & Volume Share, By Material, 2021 & 2031F |
3.8 India Automotive Suspension Spring Market Revenues & Volume Share, By Sales Channel, 2021 & 2031F |
4 India Automotive Suspension Spring Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for passenger vehicles in India |
4.2.2 Growing focus on vehicle performance and ride comfort |
4.2.3 Technological advancements in automotive suspension systems |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices affecting production costs |
4.3.2 Regulatory challenges and compliance requirements |
4.3.3 Competition from substitute materials or technologies |
5 India Automotive Suspension Spring Market Trends |
6 India Automotive Suspension Spring Market, By Types |
6.1 India Automotive Suspension Spring Market, By Spring Type |
6.1.1 Overview and Analysis |
6.1.2 India Automotive Suspension Spring Market Revenues & Volume, By Spring Type, 2021- 2031F |
6.1.3 India Automotive Suspension Spring Market Revenues & Volume, By Coil Spring, 2021- 2031F |
6.1.4 India Automotive Suspension Spring Market Revenues & Volume, By Leaf Spring, 2021- 2031F |
6.1.5 India Automotive Suspension Spring Market Revenues & Volume, By Torsion Bar, 2021- 2031F |
6.2 India Automotive Suspension Spring Market, By Vehicle Type |
6.2.1 Overview and Analysis |
6.2.2 India Automotive Suspension Spring Market Revenues & Volume, By Passenger Vehicle, 2021- 2031F |
6.2.3 India Automotive Suspension Spring Market Revenues & Volume, By Commercial Vehicle, 2021- 2031F |
6.3 India Automotive Suspension Spring Market, By Material |
6.3.1 Overview and Analysis |
6.3.2 India Automotive Suspension Spring Market Revenues & Volume, By Alloy Steel, 2021- 2031F |
6.3.3 India Automotive Suspension Spring Market Revenues & Volume, By Carbon Steel, 2021- 2031F |
6.3.4 India Automotive Suspension Spring Market Revenues & Volume, By Stainless Steel, 2021- 2031F |
6.3.5 India Automotive Suspension Spring Market Revenues & Volume, By Others, 2021- 2031F |
6.4 India Automotive Suspension Spring Market, By Sales Channel |
6.4.1 Overview and Analysis |
6.4.2 India Automotive Suspension Spring Market Revenues & Volume, By OEM, 2021- 2031F |
6.4.3 India Automotive Suspension Spring Market Revenues & Volume, By Aftermarket, 2021- 2031F |
7 India Automotive Suspension Spring Market Import-Export Trade Statistics |
7.1 India Automotive Suspension Spring Market Export to Major Countries |
7.2 India Automotive Suspension Spring Market Imports from Major Countries |
8 India Automotive Suspension Spring Market Key Performance Indicators |
8.1 Average lifespan of automotive suspension springs |
8.2 Adoption rate of advanced suspension technologies in vehicles |
8.3 Frequency of suspension system maintenance and repairs |
9 India Automotive Suspension Spring Market - Opportunity Assessment |
9.1 India Automotive Suspension Spring Market Opportunity Assessment, By Spring Type, 2021 & 2031F |
9.2 India Automotive Suspension Spring Market Opportunity Assessment, By Vehicle Type, 2021 & 2031F |
9.3 India Automotive Suspension Spring Market Opportunity Assessment, By Material, 2021 & 2031F |
9.4 India Automotive Suspension Spring Market Opportunity Assessment, By Sales Channel, 2021 & 2031F |
10 India Automotive Suspension Spring Market - Competitive Landscape |
10.1 India Automotive Suspension Spring Market Revenue Share, By Companies, 2024 |
10.2 India Automotive Suspension Spring Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |