Global Aerospace And Defense Springs Market Size & Outlook
The global aerospace and defense springs market size was estimated at USD 372.0 million in 2024 and is projected to reach USD 548.6 million by 2030, growing at a CAGR of 6.7% from 2025 to 2030.
Revenue, 2024 (US$M)
$372.0
Forecast, 2030 (US$M)
$548.6
CAGR, 2025 - 2030
6.7%
Report Coverage
Worldwide
Global aerospace and defense springs market, 2018-2030 (US$M)
Related Markets
Global aerospace and defense springs market highlights
- The global aerospace and defense springs market generated a revenue of USD 356.6 million in 2023 and is expected to reach USD 548.6 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.3% by 2030.
- In terms of segment, coil springs accounted for a revenue of USD 153.2 million in 2023.
- Flat Spiral/ Power Springs is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, France is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 356.6 million |
| Market revenue in 2030 | USD 548.6 million |
| Growth rate | 6.3% (CAGR from 2024 to 2030) |
| Largest segment | Coil springs |
| Fastest growing segment | Flat Spiral/ Power Springs |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Flat Spiral/ Power Springs, Coil Springs, Torsion, Torque Coil, & Clutch Springs |
Other key industry trends
- In terms of revenue, the North America accounted for 23.3% of the global aerospace and defense springs market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, France is the fastest growing regional market and is projected to reach USD 25.0 million by 2030.
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Aerospace and Defense Springs Market Scope
Aerospace and defense springs market segmentation & scope
Aerospace and Defense Springs Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| John Evans' Sons | View profile | 51-100 | Lansdale, Pennsylvania, United States, North America | https://springcompany.com/ |
| Nordia Springs | View profile | 101-250 | Netanya, HaMerkaz, Israel, Asia | https://www.nordia.co.il/ |
| Vulcan Spring | View profile | 51-100 | Telford, Pennsylvania, United States, North America | https://www.vulcanspring.com |
| Ace Wire Spring and Form | View profile | 11-50 | Mckees Rocks, Pennsylvania, United States, North America | https://www.acewirespring.com |
| Myers Spring | View profile | 11-50 | Logansport, Indiana, United States, North America | https://www.myersspring.com |
| Argo Spring Manufacturing | View profile | 51-100 | Norwalk, California, United States, North America | https://www.argospringmfg.com |
| MW Industries | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.mwcomponents.com |
Global aerospace and defense springs market size, by regions, 2018-2030 (US$M)
Top 10 countries: Aerospace and defense springs market size, 2024 (US$M)
Global aerospace and defense springs market share, by type, 2024 & 2030 (%, US$M)
Aerospace and defense springs market: Opportunity assessment by country
Global aerospace and defense springs market, by region, 2024 (US$M)
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