The global demand for Gas Spring Market is presumed to reach the market size of nearly USD XX MN by 2027 from USD XX MN in 2020 with a CAGR of XX% under the study period 2021 - 2027.
A gas spring is also known as a tension spring, gas-pressure spring, or gas damper. It is a device that pneumatically stores energy by using compressed nitrogen gas-filled inside a cylinder sealed with a sliding piston. This rod-like closed system supports lids, covers, hatches, and doors that are horizontally mounted. It is also used to lift, lower, position and counterbalance large objects safely. A gas spring construction is simple because it comprises a few basic components such as cylinder, piston rod, seal, and end attachments. Unlike mechanical springs, it is versatile and finds usage in various applications such as automobiles, furniture, aerospace, medical, industrial manufacturing, among others. Most commonly, it is utilized in hatches and hoods requiring controlled opening and closing.
The global gas spring market looks quite promising during the forecast period. The key factor driving the market is the rapidly increasing demand for gas springs by various end-use industries. Increasing application of nitrogen gas spring, particularly in the automotive and aerospace industry, owing to its advantages, for instance, the adjustable force also paves growth. It is increasingly being utilized in applications requiring high strength. The fact that it can be repaired and reused in numerous end-use industries is fuelling the market. Over the past few years, mechanical springs are gradually being replaced by nitrogen gas springs due to customization capabilities, improved performance, and compact size. The utilization of gas springs by industrial machine manufacturers will favor its market. On the other hand, the gas spring market faces major challenges due to the complex manufacturing process and strict testing standards. In addition, large-scale production of gas springs is also a constraint for manufacturers. These factors may hamper the growth of the gas spring market during the assessment period.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of gas spring. The growth and trends of gas spring industry provide a holistic approach to this study.
This section of the gas spring market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Maximum Force
By Mounting Orientation
- Below 250 N Gas Springs
- 251 – 500 N Gas Springs
- 501 – 750 N Gas Springs
- 751 – 1000 N Gas Springs
- Above 1000 N Gas Springs
By Maximum Stroke Length
- Horizontal Gas Springs
- Vertical Gas Springs
- Custom Orientation
- <75 Mm Gas Springs
- 76 - 150 Mm Gas Springs
- 151 - 300 Mm Gas Springs
- 301 - 450 Mm Gas Springs
- >450 Mm Gas Springs
- Gas Springs For Automotive
- Gas Springs For Aerospace, Marine & Rail
- Gas Springs For Home And Office Equipment
- Gas Springs For Industrial Machinery & Automation
- Gas Springs For Healthcare
This section covers the regional outlook, which accentuates current and future demand for the Gas Spring market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Gas Spring Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the gas spring market include ADB Safegate, Stabilus GmbH, Beijer Alma, Barnes Group, Suspa GmbH, Bansbach Easylift, Camloc, Dadco, Special Springs, Dictator Technik GmbH, Pascal Engineering, Tecapres, and Showa Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
This market research report has been produced by gathering information based on primary and secondary research. Secondary research has been done using various sources, including (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. Additionally, our team conducts extensive primary research with key industry participants to gather first-hand data. The data is then analyzed and validated by industry experts.
In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.