Gas Springs Market size is valued at USD 2,741.9 million in 2021 and is expected to grow at a prominent growth rate 5.2% during the forecast period 2022 to 2028. The global market provides a detailed overview of the global Gas Springs market, and that can be segmented by Product Type, Application. By product type, the global Gas Springs market has been segmented into Lockable Gas Spring, Lift Gas Spring, Swivel Chair Gas Spring, Non-lockable Gas Spring, Damper, Gas Traction Spring. The Lockable Gas Spring Gas Springs segment is likely to be the largest and fastest-growing segment in terms of type. Based on Application, the global Gas Springs market is segmented into Automotive, Aerospace, Marine, Medical, Furniture, Industrial. Among these, the Automotive segment is expected to have the fastest-growing market during the forecast period 2022-2028.
In 2020, Renault Automotive has chosen 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’), has been bought by Stabilus, damping systems, and electromechanical drives for motion control.