Gas Spring Market, Trends, Dynamics, and Market Analysis

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Presents a Research Report on Gas Spring Market
The report on Global Gas spring market is
segmented By Type (Lift Gas Spring, Lockable Gas
Spring, Swivel Chair Gas Spring, Gas Traction
Springs, Gas Spring Damper, and Others), By
Application (Aerospace, Automotive, Medical,
Industrial, Furniture, and Others), and Region.


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The Gas Spring Market Highlights Drivers

• Gas Spring Market is estimated to grow from USD
  2.52 billion in 2020 to USD 3.4 billion by 2026
  at a healthy CAGR of 5.2 during the forecast
  period.
• Gas spring is a particular type of spring that is
  generally framed with a steel cylinder containing
  glass that is compressed by a piston to exert the
  force.
• The gas spring exhibits better corrosion and
  wears resistance along with lower frictional
  attributes.
• Also, the process of construction of gas springs
  is eco-friendly and non-toxic.

• Market Insight
• Further, gas spring handles heavy objects with
  ease as compared to mechanical springs, which
  gives traction to the product demand.
• These springs use compressed gas which is
  enclosed within a cylinder and is sealed by a
  sliding position, in order to apply external
  force.
• By Application Type
• Based on application, the gas spring market has
  been categorized into aerospace, automotive,
  medical, industrial, furniture, and others.
• Among these, the automotive segment witnessed the
  largest market share in 2020.
• This is mainly attributed to surging demand for
  gas springs in the automotive and industrial
  applications to adjust passenger seats and for
  closing opening of bonnet and dicky.

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Market Insight Competitive Insights

• By Region
• The Asia Pacific market held a substantial share
  which is followed by North America.
• Both the regional markets are likely to witness
  robust CAGR in the gas spring market owing to
  strong automotive and industrial sectors in
  China, India, Japan, and the US.
• The Western Europe market is projected to
  register a healthy CAGR due to robust automotive
  base and presence of leading automobile
  manufacturers in Germany and the UK.
• Key Players
• 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.).

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Research Methodology
Data Analysis (Top Down and Bottom Up Approach)
Data Triangulation (Data Evaluation and Multiple
Data Triangulation)
Final Deliverables (Final Report with All
Findings)
Stratview Research follows a rigorous methodology
with high emphasis on primary research and
multiple ways of data triangulation. We conduct
primary research across the value chain to
provide 360 degree view of the market.
Secondary Research
Stratview Research Internal Knowledgebase
Primary Research

• Annual Reports / Fact Book
• Company Websites
• Magazines / Publications
• Press Releases Journals
• Industry News
• Association Articles
• Government Documents
• Social Media
• Others

• Robust database across value chain
• In-house industry veterans as advisors
• Project based subject matter experts

• Industry Players
• Industry Experts
• Suppliers
• Customers
• Associations
• Government Institutions
• Others

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Report Features

• This report provides market intelligence in the
  most comprehensive way. The report structure has
  been kept such that it offers maximum business
  value. It provides critical insights on the
  market dynamics and will enable strategic
  decision making for the existing market players
  as well as those willing to enter the market. The
  following are the key features of the report
• Market structure Overview, industry life cycle
  analysis, supply chain analysis.
• Market environment analysis Growth drivers and
  constraints, Porters five forces analysis, SWOT
  analysis.
• Market trend and forecast analysis.
• Market segment trend and forecast.
• Competitive landscape and dynamics Market share,
  product portfolio, product launches, etc.
• Attractive market segments and associated growth
  opportunities.
• Emerging trends.
• Strategic growth opportunities for the existing
  and new players.
• Key success factors.

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