United States Spring Market Size, Share, and COVID-19 Impact Analysis, By Type (Leaf Spring, Helical Spring, and Disk Spring), By Industry End Use (Construction, Manufacturing, Aerospace, Railway, Electronics, Oil and Gas, Renewables, Automotive & Transportation, and Others), and United States Spring Market Insights, Industry Trend, Forecasts to 2035

United States Spring Market Size Insights Forecasts to 2035

• The US Spring Market Size Was Estimated at USD 1868.8 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 6.11% from 2025 to 2035
• The US Spring Market Size is Expected to Reach USD 3589.1 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the United States Spring Market Size is anticipated to reach USD 3589.1 million by 2035, growing at a CAGR of 6.11% from 2025 to 2035. The expansion of the United States spring market is propelled by rising demand for springs in a number of end-use sectors, including industrial, forestry, agriculture, and automobiles.

Market Overview

A spring is a mechanical component designed to absorb and release energy. It is typically made of elastic materials, such as steel, and is shaped into bars, arcs, or coils. The market for springs will also likely grow as production technologies advance and are increasingly used. One of the notable changes in production technology is the usage of automated drives and robotic arms, which eliminates the need for manual labour. The spring market is growing due to the increasing usage of lightweight, high-strength metals. Manufacturers are utilizing new-age materials to light the mass of springs while enhancing their longevity and load capacity factors that make them readily used in satellite, automotive, and aerospace applications. The demand for lightweight materials is growing in sectors where structural optimization and fuel efficiency are paramount. This will also be advantageous for the spring market. One of the most significant growth opportunities in the spring market is the surging response of the electric vehicle (EV) segment of the automotive market. There will be a heightened demand for effective spring mechanisms due to the increasing public awareness about the environmental impact of gas-powered vehicles and a focus on transitioning to a more sustainable style of development, such as electric vehicles. The landscape is changing due to the usage of automated production and advanced manufacturing techniques, including cold forming and additive techniques.

Report Coverage

This research report categorizes the market for the United States spring market based on various segments and regions and forecasts revenue growth and analyses trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United States spring market. Recent market developments and competitive strategies such as expansion, product launch, development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United States spring market.

Driving Factors

The growth of the United States spring market is boosted by the increasing demand in the aviation industry. The spring market is projected to experience stable growth due to numerous applications in this field, as they are utilized to produce durable and lightweight aviation components. Some examples include control systems, engine parts, and gear systems. Springs are used in gear systems, for example, to provide a functioning landing gear system. Springs help to reduce the forces on the airframe and passengers by helping to absorb and disperse the energy created during landing impact. Springs are also a vital component of other aircraft components, such as engines and control systems.

Restraining Factors

The United States spring market faces obstacles like the fluctuating prices of essential raw materials used in the spring manufacturing process. Steel and alloys are the most commonly used materials in the steel process, and they are extremely price sensitive because the export prices of these materials are affected by many factors, including the economic conditions of trading countries.

Market Segmentation

The United States spring market share is classified into type and industry end use.

• The helical spring segment held the largest market share in 2024 and is expected to grow at a remarkable CAGR during the forecast period.

The United States spring market is segmented by type into leaf spring, helical spring, and disk spring. Among these, the helical spring segment held the largest market share in 2024 and is expected to grow at a remarkable CAGR during the forecast period. The segment is driven because of its advantages, including its coil construction. Due to their elastic force, a helical spring can store energy when compressed, then release it to ensure passenger comfort, even on bumpy roads. This market is further solidified by helical springs' notoriety for their unparalleled shock and impact absorption for markets including railroads, automotive, and aerospace.

• The automotive & transportation segment held the highest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period.

Based on the industry end use, the United States spring market is segmented into construction, manufacturing, aerospace, railway, electronics, oil and gas, renewables, automotive & transportation, and Others. Among these, the automotive & transportation segment held the highest revenue share in 2024 and is expected to grow at a significant CAGR during the forecast period. The segmental growth is propelled by the growing need for lightweight, high-strength, and high-performance automotive components. The importance of springs is demonstrated by their incorporation into essential systems like suspension and engine components.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United States spring market, along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborate analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Lee Spring
• Bal Seal Engineering, Inc.
• Hendrickson
• John Evans' Sons
• Ace Wire Spring and Form
• Eaton Detroit Spring, Inc.
• Sogefi Group
• Rassini
• Others

Recent Development

• In January 2025, Barnes Group Inc., a major player in the spring market, announced the completion of its acquisition by Apollo Funds in an all-cash transaction valued at approximately USD 3.6 million. The acquisition marks a significant milestone in Barnes' evolution, enabling the company to accelerate its transformation strategy, expand its spring product offerings, and enhance its industrial capabilities. With Apollo’s backing, Barnes aims to drive innovation and achieve sustained growth across key industries including automotive, aerospace, and industrial manufacturing.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at the United States, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United States spring market based on the following segments:

United States Spring Market, By Type

• Leaf Spring
• Helical Spring
• Disk Spring

United States Spring Market, By Industry End Use

• Construction
• Manufacturing
• Aerospace
• Railway
• Electronics
• Oil and Gas
• Renewables
• Automotive & Transportation
• Others