Report cover image

Industrial Springs Market Size, Share & Trends Analysis Report By Product Type (Compression Springs, Extension Springs), By End-use, By Region, And Segment Forecasts, 2025 - 2033

Publisher Grand View Research
Published Oct 30, 2025
Length 101 Pages
SKU # GV20575380

Description

Industrial Springs Market Summary

The global industrial springs market size was estimated at USD 4.91 billion in 2024 and is projected to reach USD 7.12 billion by 2033, growing at a CAGR of 4.2% from 2025 to 2033, driven by the expanding manufacturing and automotive industries, which rely heavily on springs for shock absorption, load management, and motion control. Springs are essential components in machinery, engines, and suspension systems, ensuring operational stability and mechanical precision.

The growth of electric and hybrid vehicles has further increased demand for lightweight and high-performance spring materials. In addition, continuous industrial automation and the rising adoption of robotics in production lines are creating a strong need for customized spring solutions. These factors collectively enhance market growth across both developed and emerging economies.

The increasing investments in infrastructure development and construction projects worldwide are significantly contributing to the growth of the industrial springs industry. Springs are widely used in heavy machinery, elevators, cranes, and vibration isolation systems, supporting large-scale engineering operations. The modernization of public transportation systems, including railways and metros, further amplifies demand for durable and high-load capacity springs. Moreover, the emphasis on efficient, long-lasting, and corrosion-resistant components is encouraging manufacturers to innovate and adopt advanced alloys and composite materials in spring production.

The aerospace and defense industries are emerging as key drivers of the industrial springs industry due to the growing demand for precision-engineered components capable of withstanding extreme conditions. Springs are integral to landing gear systems, actuators, and control mechanisms in aircraft and military vehicles. Increasing global defense budgets and the rise in commercial aircraft production are boosting the adoption of high-strength, fatigue-resistant springs. In addition, advancements in material science, including titanium and nickel-based alloys, are enabling the development of lightweight springs with superior performance characteristics. This trend is expected to strengthen market growth in high-technology sectors.

Global Industrial Springs Market Report Segmentation

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the global industrial springs market report based on product type, end use, and region:
  • Product Type Outlook (Revenue, USD Million, 2021 - 2033)
  • Compression Springs
  • Extension Springs
  • Torsion Springs
  • Flat Springs
  • Others
  • End Use Outlook (Revenue, USD Million, 2021 - 2033)
  • Manufacturing
  • Automotive & Transportation
  • Aerospace & Defense
  • Construction
  • Others
  • Regional Outlook (Revenue, USD Million, 2021 - 2033)
  • North America
  • U.S.
  • Canada
  • Mexico
  • Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Asia Pacific
  • China
  • Japan
  • India
  • Latin America
  • Middle East & Africa
Please note The report will be delivered in 4-8 business days upon order notification.

Table of Contents

101 Pages
Chapter 1. Methodology and Scope
1.1. Research Methodology
1.2. Research Scope & Assumption
1.3. Information Procurement
1.3.1. Purchased Database
1.3.2. GVR’s Internal Database
1.3.3. Secondary Sources & Third-Party Perspectives
1.3.4. Primary Research
1.4. Information Analysis
1.4.1. Data Analysis Models
1.5. Market Formulation & Data Visualization
1.6. List of Data Sources
Chapter 2. Executive Summary
2.1. Market Outlook, 2024 (USD Million)
2.2. Segmental Outlook
2.3. Competitive Insights
Chapter 3. Industrial Springs Market Variables, Trends & Scope
3.1. Market Lineage/Ancillary Market Outlook
3.2. Industry Value Chain Analysis
3.2.1. Sales Channel Analysis
3.3. Regulatory Framework
3.3.1. Analyst Perspective
3.3.2. Regulations & Standards
3.4. Market Dynamics
3.4.1. Market Driver Analysis
3.4.2. Market Restraint Analysis
3.4.3. Industry Opportunities
3.4.4. Industry Challenges
3.5. Business Environmental Tools Analysis: Global Industrial Springs Market
3.5.1. Porter’s Five Forces Analysis
3.5.1.1. Bargaining Power of Suppliers
3.5.1.2. Bargaining Power of Buyers
3.5.1.3. Threat of Substitution
3.5.1.4. Threat of New Entrants
3.5.1.5. Competitive Rivalry
3.5.2. PESTLE Analysis
3.5.2.1. Political Landscape
3.5.2.2. Economic Landscape
3.5.2.3. Social Landscape
3.5.2.4. Technology Landscape
3.5.2.5. Environmental Landscape
3.5.2.6. Legal Landscape
3.6. Market Disruption Analysis
Chapter 4. Global Industrial Springs Market: Product Type Estimates & Trend Analysis
4.1. Key Takeaways
4.2. Product Type Movement Analysis & Market Share, 2024 & 2033
4.3. Global Industrial Springs Market, By Product Type, 2021 - 2033 (USD Million)
4.4. Compression Springs
4.4.1. Compression Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.5. Extension Springs
4.5.1. Extension Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.6. Torsion Springs
4.6.1. Torsion Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.7. Flat Springs
4.7.1. Flat Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
4.8. Others
4.8.1. Industrial Springs Market Estimates And Forecasts, by Others, 2021 - 2033 (USD Million)
Chapter 5. Global Industrial Springs Market: End Use Estimates & Trend Analysis
5.1. Key Takeaways
5.2. End Use Movement Analysis & Market Share, 2024 & 2033
5.3. Global Industrial Springs Market, By End Use, 2021 - 2033 (USD Million)
5.4. Manufacturing
5.4.1. Industrial Springs Market Estimates And Forecasts, for Manufacturing, 2021 - 2033 (USD Million)
5.5. Automotive & Transportation
5.5.1. Industrial Springs Market Estimates And Forecasts, for Automotive & Transportation, 2021 - 2033 (USD Million)
5.6. Aerospace & Defense
5.6.1. Industrial Springs Market Estimates And Forecasts, for Aerospace & Defense, 2021 - 2033 (USD Million)
5.7. Construction
5.7.1. Industrial Springs Market Estimates And Forecasts, for Construction, 2021 - 2033 (USD Million)
5.8. Others
5.8.1. Industrial Springs Market Estimates And Forecasts, for Others, 2021 - 2033 (USD Million)
Chapter 6. Global Industrial Springs Market: Regional Estimates & Trend Analysis
6.1. Key Takeaways
6.2. Regional Market Share Analysis, 2024 & 2033
6.3. North America
6.3.1. North America Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.2. North America Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.3. North America Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.3.4. U.S.
6.3.4.1. U.S. Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.4.2. U.S. Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.4.3. U.S. Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.3.5. Canada
6.3.5.1. Canada Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.5.2. Canada Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.5.3. Canada Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.3.6. Mexico
6.3.6.1. Mexico Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.3.6.2. Mexico Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.3.6.3. Mexico Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4. Europe
6.4.1. Europe Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.2. Europe Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.3. Europe Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.4. Germany
6.4.4.1. Germany Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.4.2. Germany Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.4.3. Germany Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.5. UK
6.4.5.1. UK Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.5.2. UK Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.5.3. UK Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.6. France
6.4.6.1. France Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.6.2. France Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.6.3. France Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.7. Italy
6.4.7.1. Italy Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.7.2. Italy Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.7.3. Italy Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.4.8. Spain
6.4.8.1. Spain Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.4.8.2. Spain Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.4.8.3. Spain Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5. Asia Pacific
6.5.1. Asia Pacific Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.2. Asia Pacific Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.3. Asia Pacific Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5.4. China
6.5.4.1. China Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.4.2. China Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.4.3. China Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5.5. India
6.5.5.1. India Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.5.2. India Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.5.3. India Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.5.6. Japan
6.5.6.1. Japan Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.5.6.2. Japan Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.5.6.3. Japan Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.6. Latin America
6.6.1. Latin America Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.6.2. Latin America Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.6.3. Latin America Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
6.7. Middle East & Africa
6.7.1. Middle East & Africa Industrial Springs Market Estimates And Forecasts, 2021 - 2033 (USD Million)
6.7.2. Middle East & Africa Industrial Springs Market Estimates And Forecasts, By Product Type, 2021 - 2033 (USD Million)
6.7.3. Middle East & Africa Industrial Springs Market Estimates And Forecasts, By End Use, 2021 - 2033 (USD Million)
Chapter 7. Supplier Intelligence
7.1. Kraljic Matrix
7.2. Engagement Model
7.3. Negotiation Strategies
7.4. Sourcing Best Practices
7.5. Vendor Selection Criteria
Chapter 8. Competitive Landscape
8.1. Key Players, their Recent Developments, and their Impact on Industry
8.2. Competition Categorization
8.3. Company Market Position Analysis
8.4. Company Heat Map Analysis
8.5. Strategy Mapping, 2024
8.6. Company Listing
8.6.1. Lee Spring
8.6.1.1. Company Overview
8.6.1.2. Financial Performance
8.6.1.3. Product Benchmarking
8.6.1.4. Strategic Initiatives
8.6.2. Century Spring Corp.
8.6.2.1. Company Overview
8.6.2.2. Financial Performance
8.6.2.3. Product Benchmarking
8.6.2.4. Strategic Initiatives
8.6.3. Lesjöfors AB
8.6.3.1. Company Overview
8.6.3.2. Financial Performance
8.6.3.3. Product Benchmarking
8.6.3.4. Strategic Initiatives
8.6.4. Diego Spring Company
8.6.4.1. Company Overview
8.6.4.2. Financial Performance
8.6.4.3. Product Benchmarking
8.6.4.4. Strategic Initiatives
8.6.5. The Spring Store
8.6.5.1. Company Overview
8.6.5.2. Financial Performance
8.6.5.3. Product Benchmarking
8.6.5.4. Strategic Initiatives
8.6.6. W.B. Jones Spring Company
8.6.6.1. Company Overview
8.6.6.2. Financial Performance
8.6.6.3. Product Benchmarking
8.6.6.4. Strategic Initiatives
8.6.7. Associated Spring Raymond
8.6.7.1. Company Overview
8.6.7.2. Financial Performance
8.6.7.3. Product Benchmarking
8.6.7.4. Strategic Initiatives
8.6.8. MW Industries, Inc.
8.6.8.1. Company Overview
8.6.8.2. Financial Performance
8.6.8.3. Product Benchmarking
8.6.8.4. Strategic Initiatives
8.6.9. Kamakura Seisakusho Co., Ltd.
8.6.9.1. Company Overview
8.6.9.2. Financial Performance
8.6.9.3. Product Benchmarking
8.6.9.4. Strategic Initiatives

Pricing

Currency Rates
How Do Licenses Work?

How Do Licenses Work?

The primary function of a report license is to define how many people within a company are authorized to use the purchased report. This is separate to how a report might be delivered. Unless specifically identified otherwise, the purchase option is Single User. Below is a helpful description of that license, along with a sampling of others most commonly offered.

  • This license allows only one user to have access to and to use/read the report. It is not one user at a time or one user group; it is an individual who will be reading and utilizing the report.

  • This license allows for the entire purchasing company to read and use the report. This is the license level that would allow for a report to be placed on an internal company shared drive for access by all employees of that direct company. This license does not extend to parent or sister company use.

  • This license is designed to allow an entire department within a company full access to a report. The departmental license is a great option for companies that have more than one location and the department is spread out all over the country/world

  • This license is for companies that have one location where they want the report to be accessible by all employees within that physical location.

  • This is the most flexible of the licensing options. Some publishers will allow you to get a license for a preset number of people (typically 5). These licenses are ideal for small work groups.

License options are at the discretion of each publisher. As such, not all licenses indicated above are available for every product. If you are uncertain of the best license for your needs or would like a license that is not proactively available, please contact us and we will be happy to assist.

Request A Sample
Head shot

Questions or Comments?

Our team has the ability to search within reports to verify it suits your needs. We can also help maximize your budget by finding sections of reports you can purchase.
Chat Now
Contact Us