The global Gas Spring market was valued at 755.56 Million USD in 2021 and will grow with a CAGR of 4.71% from 2021 to 2027, based on HNY Research newly published report.

The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).

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.

By Market Verdors:

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

By Types:

Lift gas spring

Lockable gas spring

Swivel chair gas spring

Gas traction springs

Damper

By Applications:

Aerospace

Medical

Furniture

Industrial

Automotive

Key Indicators Analysed

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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