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Gas Struts and Spring Systems Market: Global Opportunity Analysis and Industry Forecast, 2020–2027

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Jan 2021 | 51 Views
 
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Gas springs are versatile hydro-pneumatic (containing both gas and liquid) lifting mechanisms that help raise, lower and support heavy objects easily. As the name suggests, these springs rely on pressurized gas to support or oppose a range of external forces. The compressed gas offers a controlled way of storing and releasing energy as smooth, cushioned movement, transferred via a sliding piston and rod. They are also commonly referred to as gas struts, rams or dampers. A standard gas spring is used to support objects as they move, a gas damper is used to control or limit that motion, and a damped gas spring tends to handle a bit of both. Gas struts and spring systems are primarily used to counterbalance or support moving masses. These systems consist of a piston rod and a pressure tube with a piston unit. Gas struts and spring systems are filled with non-toxic nitrogen under high pressure. In addition, a defined amount of oil is used in the interior of gas struts and springs for end-position damping and lubrication. They are most widely seen in various configurations of door hardware. In everyday use, gas springs are now very commonly found in vehicle compartments, supporting adjustable chairs and tables, on all manner of easy-open hatches and panels, and even in small electronic devices.

Market scope and structure analysis:

Report Metric

Details

  Market size available for years

  2019–2027

  Base year considered

  2019

  Forecast period

  2020–2027

  Forecast units

  Value (USD Million)

  Segments covered

Type, Extension Type, Application, Industry Vertical, and Region

  Regions covered

North America (U.S., Mexico and Canada), Europe (Germany, UK, France, Italy, and the Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and the Rest of Asia-Pacific), LAMEA (Latin America, Middle East, and Africa)

  Companies covered

The major players include Stabilus GmbH, Hahn Gasfedern GmbH, ACE Controls Inc., Suspa GmbH, Lantan gas spring Co., Ltd., AVM Industries, Gemini Gas Springs Inc., Barnes Group, Camloc Motion Control Limited, and Metrol Springs Limited.

 

Top impacting factors: Market Scenario Analysis, Trends, Drivers and Impact Analysis

Gas struts and spring systems are lightweight, corrosion resistant, durable, easy to install, and reliable. These features are expected to boost the demand for gas struts and spring systems in the automotive industry. Growth of residential and automotive industries has fueled the demand for gas struts and spring systems across the world. Increasing usage in aerospace and automotive industries has led to increasing demand for nitrogen gas springs, which is anticipated to fuel the global market for gas struts and spring systems in the next few years. Misusing or mishandling nitrogen gas springs can lead to potentially dangerous bursts that can cause serious injuries. This is one of the restraining factors of gas struts and spring systems market. The major market players are trying to develop more durable compression gas springs by use of various base materials apart from steel and alloys such as titanium. 

The global gas struts and spring systems market trends are as follows:

Surge in use of gas springs in automotive sector

The automotive sector is very important to the global gas struts and spring systems market because gas struts and spring systems are used in motion control of bonnets, hatches, doors, lids and other varied applications in the automotive industry. Nitrogen gas spring is a type of spring comprising a precision rod/shaft attached to a piston moving within a sealed cylinder, in which nitrogen gas is filled at high pressure. The gas pressure acts on the piston inside the cylinder and provides resistant force. Other advantages are that these are corrosion-free, heavy-duty, and have an average lifespan of around 10 years which is expected to drive market growth. Some cars will incorporate multiple sets of gas springs into the design of their various hoods, panels and compartments, but by far the most common usage is in boot-lifting mechanisms. In particular, nearly all hatchbacks and estate cars will have gas struts affixed to the rear assembly, helping to lift, support and lower their heavy tailgates smoothly and effortlessly. 

Growth of urbanization and smart city projects 

Rapid urbanization and growth in real estate business has significantly helped the growth of the gas struts and spring systems market. Due to increasing smart city trend coupled with increasing preference for smart home automation, gas springs are expected to find wide scope in terms of application, and further present high potential opportunities for key players operating in the global market. Gas springs are used in furniture such as in office chairs, beds, cabinets, kitchen shelves, etc. in order to provide ease of handling and are efficient for lifting, supporting, and other uses. Household, school or workplace doors usually incorporate some sort of traction or pull-type gas spring, to help them open easily under pressure but return quickly to a closed position when not in use. Conversely, cabinet doors and access hatches often require the exact opposite function, allowing considerable weight to be lifted easily, and remain fully open until manually pulled shut again. Certain doors such as those with folding mechanisms may even require a variable speed gas strut, to allow for smooth operation as different parts of the door move at different rates, and to dampen movement as partitions slide into one another. The gas springs commonly used for office chairs are generally arranged in more of a damping configuration, where greater resistance is met as the chair is lowered, and less as it is raised. 

Key segments covered:

Segments

Sub-segments

  Type

  • Extension-damped gas struts
  • Compressed-damped gas struts
  • Compressed and extension-damped gas springs
  • Gas springs without damping
  • Others

  Extension type

  • Full extension
  • Single extension
  • Over extension
  • Others

  Application

  • Gas springs for doors
  • Gas springs for cars
  • Gas springs for chairs
  • Others

  Industry vertical

  • Automotive
  • Aerospace
  • Marine
  • Medical
  • Furniture
  • Industrial

 

Key benefits of the report:

  • This study presents the analytical depiction of the global gas struts and spring systems industry along with the current trends and future estimations to determine the imminent investment pockets.
  • The report presents information related to key drivers, restraints, and opportunities along with detailed analysis of the global gas struts and spring systems share.
  • The current market is quantitatively analyzed from 2019 to 2027 to highlight the global gas struts and spring systems market growth scenario.
  • Porter’s five forces analysis illustrates the potency of buyers & suppliers in the market. 
  • The report provides a detailed global gas struts and spring systems market analysis based on competitive intensity and how the competition will take shape in coming years. 
 
With collective industry experience of about 200 years of its analysts and experts, Allied Market Research (AMR) encompasses most infallible research methodology for its market intelligence and industry analysis. We do not only engrave the deepest levels of markets but also sneak through its slimmest details for the purpose of our market estimates and forecasts. Our approach helps in building greater market consensus view for size, shape and industry trends within each industry segment. We carefully factor in industry trends and real developments for identifying key growth factors and future course of the market. Our research proceeds are the resultant of high quality data, expert views and analysis and high value independent opinions. Our research process is designed to deliver balanced view of the global markets and allow stakeholders to make informed decisions.

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We refer a broad array of industry sources for our secondary, which typically include; however, not limited to: Company SEC filings, annual reports, company websites, broker & financial reports and investor presentations for competitive scenario and shape of the industry

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