
Gas Struts Market Research Report Information By Type (Automotive Gas Struts and Spring Systems, Industrial Gas Struts and Spring Systems), By Application (Automotive, Aerospace, Marine, Medical, Furniture, and Industrial), And by Region (North America, E
Description
The global gas struts market was valued at USD 3,497.84 million in 2023 and is anticipated to expand at a compound annual growth rate (CAGR) of 5.61% from 2024 to 2035, culminating in a value of USD 6,705.50 million in 2035. One of the primary market drivers that contributes to market growth is the increase in automobile production and sales, particularly in emerging markets.
The automobile industry's demand for gasoline struts is on the rise, as a result of the necessity for reliable and efficient lifting and guidance mechanisms in motors. The controlled movement and support functionalities of Gas Struts are significantly employed in automotive applications, including hoods, compartments, tailgates, and seats. The significance of gasoline struts in contemporary car design and functionality is underscored by the anticipated significant increase in demand for them as the automotive industry expands globally, particularly in emerging markets.
Furthermore, the demand for ergonomic solutions and intelligent domestic products is driving the increasing use of Gas Struts in the furniture and device industries. Gas struts enable the installation of storage compartments, reclining chairs, and adjustable peak desks in fixtures, thereby improving personal comfort and convenience.
Market segment insights
Automotive Gas Struts and Spring Systems and Industrial Gas Struts and Spring Systems comprise the Gas Struts Market segmentation by Type.
Automotive, aerospace, marine, medical, furniture, and industrial comprise the Gas Struts Market segmentation by application.
Regional Perspectives
The study offers market insights for North America, Europe, Asia-Pacific, and the Rest of the World by region. The market is driven by the constant expansion of the automotive sector in North America and the growing popularity of Gas Struts, which are used to enhance the functionality and safety features of vehicles.
The second-largest market share is attributed to the European Gas Struts market. The automotive industry in Europe is robust and is distinguished by the production of passenger automobiles, commercial vehicles, and specialty vehicles. Gas struts are indispensable components for a variety of automotive applications, such as hoods, tailgates, trunk covers, and bonnets.
The Asia-Pacific Gas Struts Market is anticipated to experience the most rapid rate of growth during study period. The automotive industry in the Asia-Pacific region is experiencing substantial development because of urbanization, rising disposable incomes, and the growing demand for passenger and commercial vehicles. In a variety of automotive applications, including hoods, tailgates, trunk covers, and doors, gas struts are indispensable components.
Major Players
ACE Controls Inc., Gemini Gas Springs Inc., Ameritool Manufacturing Inc., AVM INDUSTRIES, Bansbach Easylift GmbH, Aritech Gas Spring, Camloc Motion Control Limited, Barnes Group Ltd., Dictator Technik GmbH, ChangZhou LongXiang Gas Spring Co.Ltd., Stabilus GmbH, WAN DER FUL CO.LTD., SUSPA GmbH, IDEAL Gas Spring Pvt. Ltd., Metrol Spring Limited, LANTAN, Shunde Huayang Gas Spring Co.Ltd., Industrial Gas Spring Inc., and others are attempting to increase market demand by investing in research and development operations.
The automobile industry's demand for gasoline struts is on the rise, as a result of the necessity for reliable and efficient lifting and guidance mechanisms in motors. The controlled movement and support functionalities of Gas Struts are significantly employed in automotive applications, including hoods, compartments, tailgates, and seats. The significance of gasoline struts in contemporary car design and functionality is underscored by the anticipated significant increase in demand for them as the automotive industry expands globally, particularly in emerging markets.
Furthermore, the demand for ergonomic solutions and intelligent domestic products is driving the increasing use of Gas Struts in the furniture and device industries. Gas struts enable the installation of storage compartments, reclining chairs, and adjustable peak desks in fixtures, thereby improving personal comfort and convenience.
Market segment insights
Automotive Gas Struts and Spring Systems and Industrial Gas Struts and Spring Systems comprise the Gas Struts Market segmentation by Type.
Automotive, aerospace, marine, medical, furniture, and industrial comprise the Gas Struts Market segmentation by application.
Regional Perspectives
The study offers market insights for North America, Europe, Asia-Pacific, and the Rest of the World by region. The market is driven by the constant expansion of the automotive sector in North America and the growing popularity of Gas Struts, which are used to enhance the functionality and safety features of vehicles.
The second-largest market share is attributed to the European Gas Struts market. The automotive industry in Europe is robust and is distinguished by the production of passenger automobiles, commercial vehicles, and specialty vehicles. Gas struts are indispensable components for a variety of automotive applications, such as hoods, tailgates, trunk covers, and bonnets.
The Asia-Pacific Gas Struts Market is anticipated to experience the most rapid rate of growth during study period. The automotive industry in the Asia-Pacific region is experiencing substantial development because of urbanization, rising disposable incomes, and the growing demand for passenger and commercial vehicles. In a variety of automotive applications, including hoods, tailgates, trunk covers, and doors, gas struts are indispensable components.
Major Players
ACE Controls Inc., Gemini Gas Springs Inc., Ameritool Manufacturing Inc., AVM INDUSTRIES, Bansbach Easylift GmbH, Aritech Gas Spring, Camloc Motion Control Limited, Barnes Group Ltd., Dictator Technik GmbH, ChangZhou LongXiang Gas Spring Co.Ltd., Stabilus GmbH, WAN DER FUL CO.LTD., SUSPA GmbH, IDEAL Gas Spring Pvt. Ltd., Metrol Spring Limited, LANTAN, Shunde Huayang Gas Spring Co.Ltd., Industrial Gas Spring Inc., and others are attempting to increase market demand by investing in research and development operations.
Table of Contents
156 Pages
- 1 Executive Summary
- 2 Market Introduction
- 2.1 Definition
- 2.2 Scope Of The Study
- 2.3 Research Objective
- 2.4 Market Structure
- 3 Research Methodology
- 3.1 Overview
- 3.2 Data Flow
- 3.2.1 Data Mining Process
- 3.3 Purchased Database:
- 3.4 Secondary Sources:
- 3.4.1 Secondary Research Data Flow:
- 3.5 Primary Research:
- 3.5.1 Primary Research Data Flow:
- 3.5.2 Primary Research: Number Of Interviews Conducted
- 3.5.3 Primary Research: Regional Coverage
- 3.6 Approaches For Market End User Estimation:
- 3.6.1 Revenue Analysis Approach
- 3.6.2 Data Forecasting
- 3.6.3 Data Forecasting Technique
- 3.7 Data Modeling
- 3.7.1 Microeconomic Factor Analysis:
- 3.7.2 Data Modeling:
- 3.8 Teams And Analyst Contribution
- 4 Market Dynamics
- 4.1 Introduction
- 4.2 Drivers
- 4.2.1 Increasing Demand From The Automotive Industry
- 4.2.2 Rising Demand From The Aerospace And Defense Sector
- 4.2.3 Advancements In Gas Strut Technology
- 4.3 Restraints
- 4.3.1 Price Volatility Of Raw Materials
- 4.3.2 Environmental And Disposal Concerns
- 4.4 Opportunity
- 4.4.1 Expansion Into Emerging Markets
- 4.4.2 Integration Of Smart And Sensor-enabled Gas Struts
- 4.5 Impact Analysis Of Covid –
- 4.5.1 Disruptions In Supply Chains And Raw Material Shortages
- 4.5.2 Decline In Industrial And Automotive Demand
- 4.5.3 Shifts In Consumer Behavior And New Growth Opportunities
- 4.5.4 Acceleration Of Automation And Industry 4.0 Trends
- 4.5.5 Post-pandemic Market Recovery And Outlook
- 4.6 Impact Analysis Of Russia-ukraine War On The Global Gas Struts Market
- 4.6.1 Supply Chain Disruptions And Raw Material Constraints
- 4.6.2 Impact On The Automotive And Aerospace Sectors
- 4.6.3 Rising Energy Costs And Manufacturing Challenges
- 4.6.4 Geopolitical Uncertainty And Economic Slowdown
- 4.6.5 Opportunities For Market Adaptation And Regional Shifts
- 5 Market Factor Analysis
- 5.1 Supply/Value Chain Analysis
- 5.1.1 Participants
- 5.1.1.1 Raw Material Analysis
- 5.1.1.1.1 Raw Material Selection And Procurement
- 5.1.1.1.2 Quality And Purity Standards
- 5.1.1.1.3 List Of Raw Material Suppliers (Company Name, Type Of Product, Headquarters, And Contact Details) ..
- 5.1.1.2 Manufacturers/Assemblers
- 5.1.1.2.1 Processing & Production
- 5.1.1.2.2 Formulation And Product Development
- 5.1.1.2.3 List Of Manufacturers (Company Name, Headquarters, And Contact Details)
- 5.1.1.3 Distributors
- 5.1.1.3.1 Logistics
- 5.1.1.3.2 Sales And Marketing Strategies
- 5.1.1.3.3 List Of Distributors (Company Name, Type Of Product, Headquarters, And Contact Details)
- 5.1.1.4 End Users
- 5.1.1.4.1 Customer Needs, Preferences, Pain Points & End-use Industries
- 5.1.1.4.2 List Of End Users (Company Name, Type Of Product, Headquarters, And Contact Details)
- 5.1.2 Value Percolation Across The Chain
- 5.1.3 Integration Levels
- 5.1.4 Key Issues Addressed
- 5.2 Porter’s Five Forces Model
- 5.2.1 Threat Of New Entrants
- 5.2.2 Bargaining Power Of Suppliers
- 5.2.3 Threat Of Substitutes
- 5.2.4 Bargaining Power Of Buyers
- 5.2.5 Intensity Of Rivalry
- 5.3 Broad Level Gap Analysis To Understand Untapped Areas
- 5.3.1 Based On Pipe Size
- 5.3.2 Based On Application
- 5.4 Regulatory Framework
- 5.4.1 Government Policies
- 5.4.2 Certifications And Standards
- 5.4.3 Environmental Consideration
- 5.5 R&D Update
- 5.5.1 Current Scenario
- 5.5.2 Future Roadmap
- 5.5.3 Challenges
- 5.5.4 Novel Applications
- 5.5.5 Key Developments
- 5.6 Pestle Analysis
- 5.6.1 Political
- 5.6.2 Economic
- 5.6.3 Social
- 5.6.4 Technological
- 5.6.5 Environmental
- 5.6.6 Legal
- 6 Global Gas Struts Market, By Output Power
- 6.1 Introduction
- 6.2 Automotive Gas Struts And Spring System
- 6.3 Industrial Gas Struts And Spring Systems
- 7 Global Gas Struts Market, By Application
- 7.1 Introduction
- 7.2 Automotive
- 7.3 Aerospace
- 7.4 Marine
- 7.5 Medical
- 7.6 Furniture
- 7.7 Industrial
- 7.8 Others
- 8 Global Gas Struts Market, By Region
- 8.1 Overview
- 8.3 Usa
- 8.4 Canada
- 8.5 Mexico
- 8.6 Europe
- 8.7 Germany
- 8.9 Uk
- 8.10 Spain
- 8.11 Italy
- 8.12 Rest Of Europe
- 8.13 Asia Pacific
- 8.14 China
- 8.15 India
- 8.16 Japan
- 8.17 South Korea
- 8.19 Vietnam
- 8.20 Rest Of Asia Pacific
- 8.21 South America
- 8.22 Brazil
- 8.23 Argentina
- 8.24 Rest Of South America
- 8.25 Middel East And Africa
- 8.26 Saudi Arabia
- 8.27 Uae
- 8.28 Bahrain
- 8.29 Oman
- 8.30 Qatar
- 8.31 Kuwait
- 8.32 South Africa
- 8.33 Rest Of Middle East & Africa
- 9 Competitive Landscape
- 9.1 Introduction
- 9.2 Competition Dashboard
- 9.2.1 Product Portfolio
- 9.2.2 Regional Presence
- 9.2.3 Strategic Alliances
- 9.2.4 Industry Experiences
- 9.3 Market Share Analysis, 2023
- 9.4 Who Are The Major Disruptors & Innovators
- 9.5 What Strategies Are Being Adopted By Market Leaders
- 9.6 Key Developments & Growth Strategies
- 9.6.1 Merger And Acquisition
- 10 Company Profiles
- 10.1 Ace Controls Inc.
- 10.1.1 Company Overview
- 10.1.2 Key Developments
- 10.1.3 Products Offered
- 10.1.4 Swot Analysis
- 10.1.5 Key Strategy
- 10.2 Gemini Gas Springs Inc.
- 10.2.1 Company Overview
- 10.2.2 Products Offered
- 10.2.3 Key Developments
- 10.2.4 Swot Analysis
- 10.2.5 Key Strategy
- 10.3 Ameritool, Inc
- 10.3.1 Company Overview
- 10.3.2 Products Offered
- 10.3.3 Key Developments
- 10.3.4 Swot Analysis
- 10.3.5 Key Strategy
- 10.4 Avm Industries
- 10.4.1 Company Overview
- 10.4.2 Products Offered
- 10.4.3 Key Developments
- 10.4.4 Swot Analysis
- 10.4.5 Key Strategy
- 10.5 Bansbach Easylift Gmbh
- 10.5.1 Company Overview
- 10.5.2 Products Offered
- 10.5.3 Key Developments
- 10.5.4 Swot Analysis
- 10.5.5 Key Strategy
- 10.6 Aditech Produktions Gmbh
- 10.6.1 Company Overview
- 10.6.2 Products Offered
- 10.6.3 Key Developments
- 10.6.4 Swot Analysis
- 10.6.5 Key Strategy
- 10.7 Camloc Motion Control Ltd
- 10.7.1 Company Overview
- 10.7.2 Products Offered
- 10.7.3 Key Developments
- 10.7.4 Swot Analysis
- 10.7.5 Key Strategy
- 10.8 Metrol Springs Limited
- 10.8.1 Company Overview
- 10.8.2 Products Offered
- 10.8.3 Key Developments
- 10.8.4 Swot Analysis
- 10.8.5 Key Strategy
- 10.9 Dictator Technik Gmbh
- 10.9.1 Company Overview
- 10.9.2 Products Offered
- 10.9.3 Key Developments
- 10.9.4 Swot Analysis
- 10.9.5 Key Strategy
- 10.10 Changzhou Longxiang Gas Spring Co. Ltd.
- 10.10.1 Company Overview
- 10.10.2 Products Offered
- 10.10.3 Key Developments
- 10.10.4 Swot Analysis
- 10.10.5 Key Strategy
- List Of Tables
- Table 1 Global Gas Struts Market, By Type, 2019- 2035 (Usd Million)
- Table 2 Global Gas Struts Market, By Application, 2019- 2035 (Usd Million)
- Table 3 Global Gas Struts Market, By Region, 2019-2035 (Usd Million)
- Table 4 North America: Gas Struts Market, By Country, 2019-2035 (Usd Million)
- Table 5 North America Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 6 North America Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 7 Usa Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 8 Usa Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 9 Canada Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 10 Canada Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 11 Mexico Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 12 Mexico Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 13 Europe: Gas Struts Market, By Country, 2019-2032 (Usd Million)
- Table 14 Europe Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 15 Europe Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 16 Germany Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 17 Germany Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 18 France Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 19 France Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 20 Uk Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 21 Uk Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 22 Spain Gas Struts Market, By Type, 2019-2035 (Usd Million)
- Table 23 Spain Gas Struts Market, By Application, 2019-2035 (Usd Million)
- Table 24 Italy Gas Struts Market, By Type, 2019-2035 (Usd Million)
- List Of Figures
- Figure 1 Global Gas Struts Market Segment
- Figure 2 Global Gas Struts Market: Growth Factor Analysis (2023-2032)
- Figure 3 Driver Impact Analysis (2023-2032)
- Figure 4 Restraint Impact Analysis (2023-2032)
- Figure 5 Supply Chain: Us Grid-forming Inverters For Micorgrids Market
- Figure 6 Porter’s Five Forces Model: Global Gas Struts Market
- Figure 7 Global Gas Struts Market, By Type, Segment Attractiveness Analysis
- Figure 8 Global Gas Struts, By Type, 2023 (% Share)
- Figure 9 Global Gas Struts Market, By Application, Segment Attractiveness Analysis
- Figure 10 Global Gas Struts Market, By Application, 2023 (% Share)
- Figure 11 Global Gas Struts Market, By Region, 2023 (% Share)
- Figure 12 North American Market: Swot Analysis
- Figure 13 North America: Gas Struts Market Share, By Country, 2023 (% Share)
- Figure 14 Europe Market: Swot Analysis
- Figure 15 Europe: Gas Struts Market Share, By Country, 2023 (% Share)
- Figure 16 Asia Pacific Market: Swot Analysis
- Figure 17 Asia Pacific: Gas Struts Market Share, By Country, 2023 (% Share)
- Figure 18 South America Market: Swot Analysis
- Figure 19 South America: Gas Struts Market Share, By Country, 2023 (% Share)
- Figure 20 Middel East And Africa: Swot Analysis
- Figure 22 Competitor Dashboard: Global Gas Struts Market
- Figure 23 Global Gas Struts Market: Competitive Analysis, 2023
- Figure 24 Ace Controls Inc: Swot Analysis
- Figure 25 Gemini Gas Springs Inc: Swot Analysis
- Figure 26 Ameritool, Inc: Swot Analysis
- Figure 27 Avm Industries: Swot Analysis
- Figure 28 Bansbach Easylift Gmbh: Swot Analysis
- Figure 29 Aditech Produktions Gmbh: Swot Analysis
- Figure 30 Camloc Motion Control Ltd: Swot Analysis
- Figure 31 Metrol Springs Limited: Swot Analysis
- Figure 32 Dictator Technik Gmbh: Swot Analysis
- Figure 33 Changzhou Longxiang Gas Spring Co. Ltd: Swot Analysis
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