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Gas Spring Market Size, Share, and Industry Analysis By Type (Lockable Gas Spring, Tension and Traction Gas Spring, Gas Spring Dampers, and Others), By Application (Automotive, Industrial, Aerospace, Furniture, Medical, and Others), and Regional Forecast, 2025-2032

Region : Global | Report ID: FBI109917 | Status : Ongoing

 

KEY MARKET INSIGHTS

Gas springs are versatile hydro-pneumatic lifting mechanisms that use the reaction force of compressed gas to raise, lower, and support heavy objects more easily. It uses the reaction force that increases when the piston compresses the non-combustible nitrogen gas filled in the cylinder. The gas spring has mounting parts at both ends, and a rod with a piston is inserted into the cylinder. It has the advantage that it does not require a power supply and is compact compared to conventional springs. These spring types are used in various industrial, automotive, and other applications to help lift heavy loads and prevent them from shutting down and suddenly lowering.

The COVID-19 pandemic halted the supply chain, which delayed many projects, thus impacting the global gas spring market installation. Demand and prices were reduced, and investment in this sector was also impacted as industrial and automotive were slowed down and shut completely in many places. As a result of the lockdown and restrictions, demand for this equipment fell drastically. Moreover, the lockdown resulted in a shortage of raw materials and human resources, which impacted the overall production negatively.

KEY INSIGHTS

The report covers the following key insights:

  • Recent Advancements in the Gas Spring Market
  • Key Industry Trends
  • Regulatory Landscape for the Gas Spring Market
  • Key Industry Developments (Mergers, Acquisitions, and Partnerships)
  • Impact of COVID-19 on the Market

SEGMENTATION

By Type

By Application

By Geography

  • Lockable Gas Spring
  • Tension and Traction Gas Spring
  • Gas Spring Dampers
  • Others
  • Automotive
  • Industrial
  • Aerospace
  • Furniture
  • Medical
  • Others
  • North America (U.S. and Canada)
  • Europe (Germany, U.K., France, Italy, Spain, Russia, and Rest of Europe)
  • Asia Pacific (China, Japan, India, Australia, and the Rest of Asia Pacific)
  • Latin America (Mexico, Brazil, and Rest of Latin America)
  • Middle East & Africa (Saudi Arabia, South Africa, and Rest of Middle East & Africa)

 ANALYSIS BY TYPE

Based on type, the market is segmented into lockable gas spring, tension and traction gas spring, gas spring dampers, and others.

The lockable gas spring segment dominates the market share, and these adjustable locking gas springs are the most widely used for industrial applications. It consists of a piston rod that can be locked at any position in its stroke. The process is initiated by triggering a plunger that links with the piston rod. These gas springs can be found in applications to help lift balancing objects without using hydraulic equipment.

Tension and traction gas spring type maintain the tension that helps to provide tension on the belt drive and mechanical assemblies. The springs come in a variety of sizes and stroke ranges, which aid in determining their force range. They are manufactured from stainless steel. These spring types are used in automotive, furniture, or industrial applications where a lid or hatch needs to be lifted or pulled open. Gas spring dampers help regulate the speed and motion of the spring. They do this by using hydraulic oil. They are used in devices that move in a specified direction, such as doors, lids, and covers.

ANALYSIS BY APPLICATION

Based on application, the market is segmented into automotive, industrial, aerospace, furniture, medical, and others.

In the industrial sector, large gas springs are used in machines that are used in industrial manufacturing, specifically in the press tooling industry, where the forces exerted range from 2500 N to 400000 N. In the automobile industry, gas springs are used to make struts that can support the weight of hatchbacks, tailgates, and hoods. It plays a crucial role in the automotive industry, enhancing safety, convenience, and functionality. The aerospace and aviation sectors also rely on gas springs for critical applications such as aircraft doors, seat adjustments, cargo compartments, and others. Gas springs are utilized in medical equipment, such as hospital beds, surgical tables, and diagnostic machines, enabling precise positioning and adjustment.

REGIONAL ANALYSIS

The gas spring market has been studied across North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. Asia Pacific dominates the gas spring market.

Asia Pacific held a dominant share of the market, followed by North America and others. The automotive sector is growing at an extensive pace in this region, mainly in countries, such as the U.S., China, Japan, and India.

In Europe, the market is projected to witness good growth owing to a robust automotive base and the presence of some of the world’s leading automobile manufacturers in countries, such as Germany and the U.K. The Middle East and Africa are emerging markets, with countries, such as UAE, Saudi Arabia, South Africa, and Nigeria showing promising growth potential for the forecast period. Urbanization, economic diversification, and improvement in the automotive and medical fields are driving the demand in this region. Economic diversification efforts, urbanization, and a young population are driving demand for gas spring products and services in the region. Similarly, in Latin America, countries such as Brazil, Mexico, and Argentina show the presence of key players, thus creating a positive environment for the market to grow.

KEY PLAYERS COVERED

The report includes profiles of key players, such as Stalibus, ACE Controls Inc., Suspa GmbH, LANTAN Co., Ltd, Wan Der Ful, Co., Ltd., Bansbach easylift, Hahn Gasfedern GmbH, Foshan Shunde Huayang Gas Spring Co., Ltd., AVM Industries, and Vapsint. 



  • Ongoing
  • 2024
  • 2019-2023
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