Global Gas Spring Market Research Report 2021

A gas spring is a type of spring that, unlike a typical metal spring, uses a compressed gas, contained in a cylinder and compressed by a piston, to exert a force.
Asia-Pacific occupied 37.2% of the sales market in 2016. It is followed by Europe and North America, which respectively have around 26.09% and 24.94% of the global total industry. Other countries have a small amount of production.

Gas spring is mainly in the field such as automotive, furniture and industrial, which respectively have around 30.52%, 25.33% and 15.98%of the global total industry.

For industry structure analysis, the Gas spring machine industry is not 52concentration. Stabilus is the market leader and occupied about 28.76% of the whole market in 2016.

For forecast, the global gas spring machine revenue would keep increasing with annual growth rate with 2~6%. We tend to believe that this industry still has a bright future, considering the current demand of gas spring machine. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.

Market Analysis and Insights: Global Gas Spring Market
The global Gas Spring market was valued at US$ 792.4 million in 2019 and it is expected to reach US$ 1064.7 million by the end of 2026, growing at a CAGR of 4.3% during 2021-2026.

Global Gas Spring Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.

Global Gas Spring Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027. by Application segment also provides consumption during the forecast period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Segment by Type
Lift gas spring
Lockable gas spring
Swivel chair gas spring
Gas traction springs
Damper
Others

Segment by Application
Aerospace
Medical
Furniture
Industrial
Automotive
Others

By Company
Stabilus
Suspa
Lant
Bansbach
WDF
HAHN
Barnes
Zhongde
Dictator
Changzhou
Shanghai Zhenfei
Aritech
Vapsint
LiGu
Huayang
AVM
ACE Automation
LongXiang
Weijhe
Yili
LiPinGe
IGS
Gaysan
Attwood
Ameritool
Metrol
Camloc
Alrose
Worldwide
Gemini

Production by Region
North America
Europe
China
Japan

Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E