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Premium Report Details
Base Year: 2024
Companies covered: 15
Tables & Figures: 397
Countries covered: 18
Pages: 230
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Gas Springs Market
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Gas Springs Market Size
The global gas springs market size was valued at USD 2.4 billion in 2024 and is estimated to grow at a CAGR of 4.2% through 2034, due to the increasing incorporation of automation into various industries. As firms implement automation technologies to streamline and simplify processes, the demand for dependable motion control devices like gas springs has surged. Gas springs are frequently found in automated applications where smooth and consistent operation is required, including robotic manipulators, liftable modules, and material handling devices.
Additionally, they are utilized in manufacturing machines such as CNCs and automatic assembly lines for a variety of operations that require lifting, tilting, and balancing. Increasingly advanced automation technologies are deployed in areas such as healthcare, office equipment, and automotive, where gas springs are required to adjust products efficiently to improve ergonomics while also enhancing safety. In comparison to electric or hydraulic actuators, gas springs are less expensive, making them an appealing option for small and medium enterprises pursuing cost-efficient automation methods.
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In this context, the rise of smart manufacturing alongside the advent of Industry 4.0 has extended the potential applications of gas springs to more automated and interconnected systems, which require low amounts of external energy to control fine movements efficiently. With growing automation, trends such as increased deployment of gas springs in the automotive and industrial machinery sectors and the efficient integration of gas springs into automated systems in these industries, gas springs are expected to have a steady rise in demand as they provide enhanced reliability and effectiveness.
Gas Springs Market Trends
Gas Springs Market Analysis
North America: North America gas springs market is gaining traction due to the advancements in automation, ergonomic design, and the automotive industry growing. The United States of America is at the forefront of this growth with the recent surge of adoption of smart manufacturing and Industry 4.0. Control gas springs are employed in a range of industries such as automotive, aerospace, or furniture for motion control and positioning in automated systems. The lightweight and energy efficiency considered by the automotive industry means that gas springs are used in tailgates, hoods, and seating systems.
Asia-Pacific: The gas springs market is being boosted by rapid growth in industrial output along with a robust manufacturing sector within the Asia Pacific region. Countries such as India, Japan, and China are at the forefront of the market, with their needs in the automotive, electronics, and industrial machinery. Robotic arms and assembly lines, as well as other automated equipment used in the production of goods, require the use of gas springs. Hoods, tailgates, doors, and adjustable seating in the automotive sector in countries such as China and South Korea use gas springs.
Europe: The European Union market is tagged to grow with the strong demand across aerospace, medical equipment, and the automotive industry. With countries such as Germany and France developing their aerospace market, the need for gas springs within the aircraft seating, doors, panels, and cargo systems is witnessed. Within the medical field, gas springs are at the centre of adjustable beds and other machinery required for easy and precise use. Not to mention, EVs have accelerated the automotive market replacing combustion engine vehicles. Gas springs are ideal as they aid in reducing vehicle weight and maximizing usability within EV components including tailgates, hoods, and vehicle seats.
Gas Springs Market Share
Stabilus, Suspa, ACE Controls, Bansbach Easylift, and Hahn Gas Springs are renowned for their leadership in gas spring production. They ensure more market capture through strategies of melding advanced technology and a variety of products with a robust international marketing approach. Stabilus has carved a niche in the market for its cutting-edge gas springs and advanced systems, for instance smart gas springs featuring sensors and IoT technology. Suspa's products are custom built to suit energy-efficient ergonomic solutions for the automotive and furniture sectors and reach the targets through appointed agents. ACE Controls primarily focuses on motion control and damping, thus offering a range of gas springs for industrial robots and machinery applications.
Bansbach Easylift targets the automotive and industrial machinery sectors and offers strong a variety of custom self-casted and machined components tailored to ergonomic designs and excellent thermal insulation. Hahn Gas Springs specializes in engineering custom solutions for automotive, medical devices, and other markets requiring precision components. These companies tend to use advanced technology along with a variety of products and a strong marketing strategy to remain competitive.
Gas Springs Market Companies
Major players operating in the gas springs industry are:
Gas Springs Market Industry News
The gas springs market research report includes in-depth coverage of the industry, with estimates & forecasts in terms of revenue (USD Billion) and Volume (Million Units) from 2021 to 2034, for the following segments:
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Market, By Type
Market, By Mounting Orientation
Market, By Maximum Force
Market, By Application
Market, By End-use
Market, By Distribution Channel
The above information is provided for the following regions and countries: