China's Spring Industry
2026-01-15 18:50:50
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Driven strongly by downstream industries over the past decade, China's spring in
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Driven strongly by downstream industries over the past decade, China's spring industry has achieved a structural leap from 'quantity' to 'quality'. In 2022, the industry scale reached 34.6 billion yuan, and from 2023 to 2025, the suspension spring and stabilizer bar market maintained a steady compound annual growth rate of 4.13%, overall expanding robustly. Technologically, enterprises represented by Meili Technology have completed the transformation from manual winding to fully automated production lines, successfully breaking through in 'bottleneck' areas such as air suspension springs for new energy vehicles and high-precision European standard mold springs. The tolerance control of domestic springs has improved from ±0.08mm to ±0.02mm, and the fatigue life has exceeded 2 million cycles. The application of new materials has accelerated, with alloy spring steel accounting for over 60% and titanium alloy and carbon fiber composite springs achieving a 50% weight reduction and doubled lifespan in the aerospace and robotics fields. Although there is no specific policy plan, policies such as the '13th Five-Year Plan' for strategic emerging industries, the promotion of new energy vehicles, and Smart Manufacturing 2025 provide synergistic support. The industry is highly concentrated in the Yangtze River Delta and Pearl River Delta, with enterprises deeply embedded in the global automotive and robotics supply chains, continuously enhancing their export competitiveness. Currently, the industry is transitioning from low-end OEM to high-value-added precision manufacturing, but there are still shortcomings in the localization rate of high-end materials and simulation design capabilities.
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shanghai caite international trade co.,ltd
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