- Lockable Gas Spring
- Lift Gas Spring
- Swivel Chair Gas Spring
- Non-lockable Gas Spring
- Damper
- Gas Traction Spring
Gas Springs Market size was valued at USD 2,741.9 million in 2022 and is expected to grow at a prominent growth rate of 5.2% during the forecast period 2023 to 2029. The global market provides a detailed overview of the global Gas Springs market, which can be segmented by Product Type and application. The global Gas Springs market has been segmented by product type into Lockable Gas Springs, Lift Gas Springs, Swivel Chair Gas springs, Non-lockable Gas springs, Damper, and Gas Traction springs. The Lockable Gas Spring Gas Springs segment is likely to be the largest and fastest-growing in terms of type. Based on Application, the global Gas Springs market is segmented into Automotive, Aerospace, Marine, Medical, Furniture, and Industrial. Among these, the Automotive segment is expected to have the fastest-growing market during the forecast period 2023-2029.
Gas Springs Market Key Developments:
- In 2020, Renault Automotive chose TECAPRES as a supplier of gas springs. The highest levels of service and quality demanded by the automobile sector have been a goal for TECAPRES.
- In 2019, The well-known supplier of motion control solutions for the aircraft sector, General Aerospace GmbH ('General Aerospace'), was bought by Stabilus, damping systems, and electromechanical drives for motion control.
Gas Springs Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
5.2%
Largest Market
North American
Fastest Growing Market
Asia-Pacific
Gas Springs Market Dynamics
Rising demand for gas springs in sectors like healthcare, transportation, and aerospace is anticipated to significantly fuel gas springs market expansion. To meet the needs of end-use industries, gas spring producers are concentrating on providing a wide variety of gas springs.
North America Got Significant Share
Gas Springs Market Regional Analysis
North America dominated the market in historic year 2021 and expected to witness the highest market share during the forecast period. USA is a significant market for struts and spring systems in North America due to rise in aircraft production in country.
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The Gas springs market provides granular level information about the market size, regional market share, historic market (2018-2022) and forecast (2023-2029)
- The Gas springs market covers in-detail insights about the competitor's overview, company share analysis, key market developments, and their key strategies
- The Gas springs market outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The Gas springs market tracks recent innovations, key developments, and start-up details that are actively working in the market
- The Gas springs market provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Gas Springs Market Segmentation
By Product Type
By Application
- Automotive
- Aerospace
- Marine
- Medical
- Furniture Industrial
By Geography
- North America
- Europe
- Asia Pacific
- Latin America
- MEA
Frequently Asked Questions
The global Gas Springs market size is valued at USD 2,741.9 million in 2022 and is expected to grow at a prominent growth rate during the forecast period 2023 to 2029.
Customers can employ customised gas springs by choosing their preferred output power, end fittings, and other mechanisms, this leads to increase demand of gas spring
Stabilus (Luxembourg), HAHN Gasfedern GmbH (Germany), ACE Controls Inc. (The U.S.), Suspa GmbH (Germany), LANTAN gas spring Co., Ltd. (China), WAN DER FUL CO., LTD. (China), BANSBACH EASYLIFT (Germany), DICTATOR Technik GmbH (Germany), Changzhou JuTeng Gas Spring Co., Ltd. (China), VAPSINT s.r.l. (Italy), Shunde Huayang Gas Spring Co.,Ltd. (China), and AVM INDUSTRIES (The U.S.)..
| 1. Executive Summary |
| 2. Global Gas Springs Market Introduction |
| 2.1. Global Gas Springs Market - Taxonomy |
| 2.2. Global Gas Springs Market -Definitions |
| 2.2.1. Product Type |
| 2.2.2. Application |
| 3. Global Gas Springs Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Global Gas Springs Market Dynamic Factors - Impact Analysis |
| 3.6. Global Gas Springs Market - Competition Landscape |
| 4. Global Gas Springs Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 |
| 4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Gas Springs Market, By Product Type, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1. Lockable Gas Spring |
| 5.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Lift Gas Spring |
| 5.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Swivel Chair Gas Spring |
| 5.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Non-lockable Gas Spring |
| 5.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 5.5. Damper |
| 5.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.5.3. Market Opportunity Analysis |
| 5.6. Gas Traction Spring |
| 5.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 5.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.6.3. Market Opportunity Analysis |
| 6. Global Gas Springs Market Forecast, By Application, 2018 - 2022 and Forecast, 2023 - 2029 |
| 6.1. Automotive |
| 6.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Aerospace |
| 6.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 6.3. Marine |
| 6.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.3.3. Market Opportunity Analysis |
| 6.4. Medical |
| 6.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.4.3. Market Opportunity Analysis |
| 6.5. Furniture |
| 6.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.5.3. Market Opportunity Analysis |
| 6.6. Industrial |
| 6.6.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 6.6.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.6.3. Market Opportunity Analysis |
| 7. Global Gas Springs Market Forecast, By Region, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.1.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Europe |
| 7.2.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.2.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Asia-Pacific |
| 7.3.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.3.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.4.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East and Africa |
| 7.5.1. Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 7.5.2. Year-over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 7.6. Global Gas Springs Market - Opportunity Analysis Index, By Product Type, Application, and Region, 2023 - 2029 |
| 8. North America Gas Springs Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 8.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 8.1.1. Lockable Gas Spring |
| 8.1.2. Lift Gas Spring |
| 8.1.3. Swivel Chair Gas Spring |
| 8.1.4. Non-lockable Gas Spring |
| 8.1.5. Damper |
| 8.1.6. Gas Traction Spring |
| 8.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 8.2.1. Automotive |
| 8.2.2. Aerospace |
| 8.2.3. Marine |
| 8.2.4. Medical |
| 8.2.5. Furniture |
| 8.2.6. Industrial |
| 8.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 8.3.1. USA |
| 8.3.2. Canada |
| 8.4. North America Gas Springs Market - Opportunity Analysis Index, By Product Type, Application, and Country, 2023 - 2029 |
| 8.5. North America Gas Springs Market Dynamics - Trends |
| 9. Europe Gas Springs Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 9.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1. Lockable Gas Spring |
| 9.1.2. Lift Gas Spring |
| 9.1.3. Swivel Chair Gas Spring |
| 9.1.4. Non-lockable Gas Spring |
| 9.1.5. Damper |
| 9.1.6. Gas Traction Spring |
| 9.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 9.2.1. Automotive |
| 9.2.2. Aerospace |
| 9.2.3. Marine |
| 9.2.4. Medical |
| 9.2.5. Furniture |
| 9.2.6. Industrial |
| 9.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 9.3.1. Germany |
| 9.3.2. UK |
| 9.3.3. France |
| 9.3.4. Spain |
| 9.3.5. Italy |
| 9.3.6. Russia |
| 9.3.7. Poland |
| 9.3.8. Rest of Europe |
| 9.4. Europe Gas Springs Market - Opportunity Analysis Index, By Product Type, Application, and Country, 2023 - 2029 |
| 9.5. Europe Gas Springs Market Dynamics - Trends |
| 10. Asia-Pacific Gas Springs Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 10.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1. Lockable Gas Spring |
| 10.1.2. Lift Gas Spring |
| 10.1.3. Swivel Chair Gas Spring |
| 10.1.4. Non-lockable Gas Spring |
| 10.1.5. Damper |
| 10.1.6. Gas Traction Spring |
| 10.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 10.2.1. Automotive |
| 10.2.2. Aerospace |
| 10.2.3. Marine |
| 10.2.4. Medical |
| 10.2.5. Furniture |
| 10.2.6. Industrial |
| 10.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 10.3.1. Japan |
| 10.3.2. China |
| 10.3.3. India |
| 10.3.4. ASEAN |
| 10.3.5. Australia & New Zealand |
| 10.3.6. Rest of Asia-Pacific |
| 10.4. Asia-Pacific Gas Springs Market - Opportunity Analysis Index, By Product Type, Application, and Country, 2023 - 2029 |
| 10.5. Asia-Pacific Gas Springs Market Dynamics - Trends |
| 11. Latin America Gas Springs Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 11.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1. Lockable Gas Spring |
| 11.1.2. Lift Gas Spring |
| 11.1.3. Swivel Chair Gas Spring |
| 11.1.4. Non-lockable Gas Spring |
| 11.1.5. Damper |
| 11.1.6. Gas Traction Spring |
| 11.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 11.2.1. Automotive |
| 11.2.2. Aerospace |
| 11.2.3. Marine |
| 11.2.4. Medical |
| 11.2.5. Furniture |
| 11.2.6. Industrial |
| 11.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 11.3.1. Brazil |
| 11.3.2. Mexico |
| 11.3.3. Argentina |
| 11.3.4. Rest of Latin America |
| 11.4. Latin America Gas Springs Market - Opportunity Analysis Index, By Product Type, Application, and Country, 2023 - 2029 |
| 11.5. Latin America Gas Springs Market Dynamics - Trends |
| 12. Middle East and Africa Gas Springs Market Analysis, 2018 - 2022 and Forecast, 2023 - 2029 (Revenue, USD Mn) |
| 12.1. By Product Type Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1. Lockable Gas Spring |
| 12.1.2. Lift Gas Spring |
| 12.1.3. Swivel Chair Gas Spring |
| 12.1.4. Non-lockable Gas Spring |
| 12.1.5. Damper |
| 12.1.6. Gas Traction Spring |
| 12.2. Application Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn), Y-o-Y Growth (%) and Market Share (%) |
| 12.2.1. Automotive |
| 12.2.2. Aerospace |
| 12.2.3. Marine |
| 12.2.4. Medical |
| 12.2.5. Furniture |
| 12.2.6. Industrial |
| 12.3. Country Analysis 2018 - 2022 and Forecast 2023 - 2029 by Revenue (USD Mn) Y-o-Y Growth (%) and Market Share (%) |
| 12.3.1. Gulf Cooperation Council (GCC) Countries |
| 12.3.2. Israel |
| 12.3.3. South Africa |
| 12.3.4. Rest of MEA |
| 12.4. MEA Gas Springs Market - Opportunity Analysis Index, By Product Type, Application, and Country, 2023 - 2029 |
| 12.5. MEA Gas Springs Market Dynamics - Trends |
| 13. Competition Landscape |
| 13.1. Strategic Dashboard of Top Market Players |
| 13.2. Company Profiles (Introduction, Financial Analysis, Application & Service Offerings, Key Developments, Strategies, and SWOT Analysis) |
| 13.2.1. Industrial Gas Spring, Inc. |
| 13.2.2. ACE Controls Inc. |
| 13.2.3. Bansbach Easylift GmbH |
| 13.2.4. WAN DER FUL CO., LTD. |
| 13.2.5. Metrol Spring Limited |
| 13.2.6. Stabilus GmbH |
| 13.2.7. ChangZhou LongXiang Gas Spring Co.,Ltd |
| 13.2.8. Ameritool Manufacturing Inc. |
| 13.2.9. AVM INDUSTRIES |
| 13.2.10. Barnes Group Ltd. |
| 13.2.11. SUSPA GmbH |
| 13.2.12. LESJÖFORS GROUP |
| 13.2.13. IDEAL Gas Spring Pvt. Ltd. |
| 14. Research Methodology |
| 15. Key Assumptions and Acronyms |
- Industrial Gas Spring, Inc.
- ACE Controls Inc.
- Bansbach Easylift GmbH
- WAN DER FUL CO., LTD.
- Metrol Spring Limited
- Stabilus GmbH
- ChangZhou LongXiang Gas Spring Co.,Ltd
- Ameritool Manufacturing Inc.
- AVM INDUSTRIES
- Barnes Group Ltd.
- SUSPA GmbH
- LESJÖFORS GROUP
- IDEAL Gas Spring Pvt. Ltd.