Summary
As the world continues to deal with COVID-19, economies are moving into recession, under multiple adverse factors, the GDP of European and American countries in the second quarter suffered a historical contraction. At an annualized rate, the US GDP fell by 32.9% month on month, while the overall GDP of the euro zone fell by 12.1%.
Moreover, the economic prospects of Europe and the United States in the third quarter under the epidemic situation are hardly optimistic. The resumption of work and production not only brought economic data back, but also triggered a rebound in the epidemic situation. At present, the United States is still the 'epicenter' of the global epidemic. The total number of confirmed cases has exceeded 4.8 million, and the epidemic situation in some European countries has also rebounded. Affected by this, more than 20 states in the United States have announced the suspension or withdrawal of part of the economic restart plan. Britain and Italy have also decided to extend the state of emergency. The rebound of the epidemic situation has posed considerable risks to the economic prospects of Europe and the United States.
In the second quarter of this year, US GDP shrank by 9.5% on a month on month basis, or 32.9% at an annual rate, the largest decline since the 1940s. Data show that the sharp decline in personal consumption is the main drag on the U.S. GDP growth in the second quarter.
Compared with the United States, Europe's economic contraction in the second quarter was smaller, but it was also the lowest on record, with Germany and France contracting more than 10%. According to the data released by the Federal Bureau of statistics, Germany's GDP fell by 10.1% in the second quarter after adjusting for prices, seasons and working days, the largest decline since the quarterly economic data were available in 1970.
Thanks to the effective control and policy support of the new epidemic, China's economy rebounded sharply in the second quarter. The growth rate of manufacturing industry, which accounted for about 28% of GDP, rebounded sharply to 4.4% from the negative value in the first quarter. Chinese original equipment manufacturers (OEMs) and suppliers are ramping up production. And there are increased investments in digital footprints in manufacturing. OEMs in other parts of the world are offering incentives to drive sales. XYZResearch published a report for global Automotive Oil Tempered Spring Steel Wires market in this environment.
In terms of revenue, this research report indicated that the global Automotive Oil Tempered Spring Steel Wires market was valued at USD XXX million in 2019, and it is expected to reach a value of USD XXX million by 2026, at a CAGR of XX % over the forecast period 2021-2026. Correspondingly, the forecast analysis of Automotive Oil Tempered Spring Steel Wires industry comprises of China, USA, Japan, India, Korea and South America, with the production and revenue data in each of the sub-segments.
The ???Suzuki Garphyttan aims at producing XX Automotive Oil Tempered Spring Steel Wires in 2020, with XX % production to take place in global market, ????Kobelco accounts for a volume share of XX %.
Regional Segmentation (Value; Revenue, USD Million, 2015 - 2026) of Automotive Oil Tempered Spring Steel Wires Market by XYZResearch Include
China
EU
USA
Japan
India
Southeast Asia
South America
Competitive Analysis; Who are the Major Players in Automotive Oil Tempered Spring Steel Wires Market?
Suzuki Garphyttan
Kobelco
Kiswire
Neturen
Posco
Bekaert
Sumitomo(SEI)
Roeslau
Sugita
Suncall
American Spring Wire
Shinko Wire
Pengg Austria
...
Major Type of Automotive Oil Tempered Spring Steel Wires Covered in XYZResearch report:
High Fatigue Wire
Medium Fatigue Wire
Other
Application Segments Covered in XYZResearch Market
Valve Spring
Suspension Spring
Other
For any other requirements, please feel free to contact us and we will provide you customized report.
Table of Contents
Global Automotive Oil Tempered Spring Steel Wires Market Analysis 2020, With Top Companies, Production, Revenue, Consumption, Price and Growth Rate
1 Market Scope
1.1 Product Details and Introduction
1.1.1 High Fatigue Wire -Product Introduction and Major Manufacturers
1.1.2 Medium Fatigue Wire -Product Introduction and Major Manufacturers
1.1.3 Other -Product Introduction and Major Manufacturers
1.2 Market Snapshot
1.2.1 Major Companies Overview
1.2.2 Market Concentration
1.2.3 Six-Year Compound Annual Growth Rate (CAGR)
2 Global Automotive Oil Tempered Spring Steel Wires Market Assessment, by Segmentation
2.1 Type Breakdown Estimates & Forecast, Sales Volume (2015-2026)
2.2 Type Breakdown Estimates & Forecast, Sales Value (2015-2026)
2.3 Application Breakdown Estimates & Forecast, by Application (2015-2026)
3 Regional Market Analysis
3.1 China Automotive Oil Tempered Spring Steel Wires Market
3.1.1 Top Companies leading Automotive Oil Tempered Spring Steel Wires Development in China (2015-2020)
3.1.2 Sales Value of Major Company in China Market (2015-2020)
3.1.3 China Automotive Oil Tempered Spring Steel Wires Price (USD/Unit), by Type (2019-2020)
3.1.4 Sales in China Market, by Type (2015-2026)
3.2 EU Automotive Oil Tempered Spring Steel Wires Market
3.2.1 Top Companies leading Automotive Oil Tempered Spring Steel Wires Development in EU (2015-2020)
3.2.2 Sales Value of Major Company in EU Market (2015-2020)
3.2.3 EU Automotive Oil Tempered Spring Steel Wires Price (USD/Unit), by Type (2019-2020)
3.2.4 Sales in EU Market, by Type (2015-2026)
3.3 USA Automotive Oil Tempered Spring Steel Wires Market
3.3.1 Top Companies leading Automotive Oil Tempered Spring Steel Wires Development in USA (2015-2020)
3.3.2 Sales Value of Major Company in USA Market (2015-2020)
3.3.3 USA Automotive Oil Tempered Spring Steel Wires Price (USD/Unit), by Type (2019-2020)
3.3.4 Sales in USA Market, by Type (2015-2026)
3.4 Japan Automotive Oil Tempered Spring Steel Wires Market
3.4.1 Top Companies leading Automotive Oil Tempered Spring Steel Wires Development in Japan (2015-2020)
3.4.2 Sales Value of Major Company in Japan Market (2015-2020)
3.4.3 Japan Automotive Oil Tempered Spring Steel Wires Price (USD/Unit), by Type (2019-2020)
3.4.4 Sales in Japan Market, by Type (2015-2026)
3.5 India Automotive Oil Tempered Spring Steel Wires Market
3.5.1 Top Companies leading Automotive Oil Tempered Spring Steel Wires Development in India (2015-2020)
3.5.2 Sales Value of Major Company in India Market (2015-2020)
3.5.3 India Automotive Oil Tempered Spring Steel Wires Price (USD/Unit), by Type (2019-2020)
3.5.4 Sales in India Market, by Type (2015-2026)
3.6 Southeast Asia Automotive Oil Tempered Spring Steel Wires Market
3.6.1 Top Companies leading Automotive Oil Tempered Spring Steel Wires Development in Southeast Asia (2015-2020)
3.6.2 Sales Value of Major Company in Southeast Asia Market (2015-2020)
3.6.3 Southeast Asia Automotive Oil Tempered Spring Steel Wires Price (USD/Unit), by Type (2019-2020)
3.6.4 Sales in Southeast Asia Market, by Type (2015-2026)
3.7 South America Automotive Oil Tempered Spring Steel Wires Market
3.7.1 Top Companies leading Automotive Oil Tempered Spring Steel Wires Development in South America (2015-2020)
3.7.2 Sales Value of Major Company in South America Market (2015-2020)
3.7.3 South America Automotive Oil Tempered Spring Steel Wires Price (USD/Unit), by Type (2019-2020)
3.7.4 Sales in South America Market, by Type (2015-2026)
4 Value Chain (Impact of COVID-19)
4.1 Automotive Oil Tempered Spring Steel Wires Value Chain Analysis
4.1.1 Upstream
4.1.2 Downstream
4.2 COVID-19 Impact on Automotive Oil Tempered Spring Steel Wires Industry
4.2.1 Industrial Policy Issued Under the Epidemic Situation
4.3 Cost-Under the Epidemic Situation
4.3.1 Cost of Raw Material
4.4 Channel Analysis
4.4.1 Distribution Channel-Under the Epidemic Situation
4.4.2 Distributors
5 Regional Market Forecast (2021-2026)
5.1 Global Automotive Oil Tempered Spring Steel Wires Sales and Growth Rate (2021-2026)
5.2 Global Automotive Oil Tempered Spring Steel Wires Sales Value and Growth Rate (2021-2026)
6 Automotive Oil Tempered Spring Steel Wires Competitive Analysis
6.1 Suzuki Garphyttan
6.1.1 Suzuki Garphyttan Company Profiles
6.1.2 Suzuki Garphyttan Product Introduction
6.1.3 Suzuki Garphyttan Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.1.4 SWOT Analysis
6.2 Kobelco
6.2.1 Kobelco Company Profiles
6.2.2 Kobelco Product Introduction
6.2.3 Kobelco Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.2.4 SWOT Analysis
6.3 Kiswire
6.3.1 Kiswire Company Profiles
6.3.2 Kiswire Product Introduction
6.3.3 Kiswire Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.3.4 SWOT Analysis
6.4 Neturen
6.4.1 Neturen Company Profiles
6.4.2 Neturen Product Introduction
6.4.3 Neturen Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.4.4 SWOT Analysis
6.5 Posco
6.5.1 Posco Company Profiles
6.5.2 Posco Product Introduction
6.5.3 Posco Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.5.4 SWOT Analysis
6.6 Bekaert
6.6.1 Bekaert Company Profiles
6.6.2 Bekaert Product Introduction
6.6.3 Bekaert Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.6.4 SWOT Analysis
6.7 Sumitomo(SEI)
6.7.1 Sumitomo(SEI) Company Profiles
6.7.2 Sumitomo(SEI) Product Introduction
6.7.3 Sumitomo(SEI) Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.7.4 SWOT Analysis
6.8 Roeslau
6.8.1 Roeslau Company Profiles
6.8.2 Roeslau Product Introduction
6.8.3 Roeslau Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.8.4 SWOT Analysis
6.9 Sugita
6.9.1 Sugita Company Profiles
6.9.2 Sugita Product Introduction
6.9.3 Sugita Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.9.4 SWOT Analysis
6.10 Suncall
6.10.1 Suncall Company Profiles
6.10.2 Suncall Product Introduction
6.10.3 Suncall Automotive Oil Tempered Spring Steel Wires Production, Revenue (2015-2020)
6.10.4 SWOT Analysis
6.11 American Spring Wire
6.12 Shinko Wire
6.13 Pengg Austria
7 Conclusion
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