Global Gas Struts Market Research Report Information By Type, By Application, And by Region Market Forecast Till 2035

Description

List of Tables

Global 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, Europe, Asia-Pacific, And Rest of the World) Market Forecast Till 2035

Overview of the Market

The market for gas struts was estimated to be worth USD 3,497.84 million in 2023 and is projected to increase at a compound annual growth rate (CAGR) of 5.61% from 2024 to 2035, reaching USD 6,705.50 million. One of the main factors propelling market expansion is the rise in auto manufacturing and sales, especially in developing nations.

Due to the need for reliable and effective lifting and guiding mechanisms in motors, the automotive industry's demand for gasoline struts is still rising. Gas struts provide regulated movement and support functions in a variety of vehicle applications, including seats, hoods, trunks, and tailgates. The need for gasoline struts is expected to soar as the automobile industry grows globally, particularly in emerging regions, highlighting their significance in contemporary car functionality and design.

Additionally, the growing need for ergonomic solutions and ingenious household products is driving the expansion of Gas Struts' applications in the furniture and device industries. Gas struts improve individual comfort and convenience by enabling movable peak desks, reclining chairs, and storage cubicles in fixtures.

Perspectives on Market Segments

Automotive Gas Struts and Spring Systems and Industrial Gas Struts and Spring Systems are included in the Gas Struts Market split by Type.

The automotive, aerospace, marine, medical, furniture, and industrial sectors make up the Gas Struts Market segmentation based on application.

Regional Perspectives

The report offers market insights for North America, Europe, Asia-Pacific, and the rest of the world by region. Market expansion is fueled by the North American automobile industry's consistent expansion as well as the growing use of gas struts for enhanced vehicle functionality and safety features.

The second-largest market share is held by the gas struts market in Europe. Passenger automobiles, commercial vehicles, and specialty vehicles are all produced in Europe's thriving automotive sector. Gas struts are crucial parts used in hoods, tailgates, trunk lids, and bonnets, among other automobile uses.

The Asia-Pacific Gas Struts Market is anticipated to expand at the quickest compound annual growth rate. The automobile sector is expanding significantly in the Asia-Pacific area due to factors like urbanization, rising disposable incomes, and growing demand for both passenger and commercial vehicles. Gas struts are crucial parts utilized in hoods, tailgates, trunk lids, and doors, among other automobile uses.

Key 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 other major players in the Gas Struts market are investing in R&D in an effort to boost market demand.

Product Code: MRFR/E&P/20234-HCR

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 22
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 39
- 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 - 19
- 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 72
7.5 Medical 72
7.6 Furniture 73
7.7 Industrial 73
7.8 Others 73

8 GLOBAL GAS STRUTS MARKET, By Region

8.1 Overview 75
8.3 USA 80
8.4 CANADA 81
8.5 Mexico 82
8.6 Europe 83
8.7 Germany 86
8.9 UK 88
8.10 Spain 89
8.11 Italy 90
8.12 rest of europe
8.13 Asia pacific
8.14 china 95
8.15 India 96
8.16 japan 97
8.17 south korea
8.19 Vietnam 100
8.20 rest of asia pacific
8.21 South America
8.22 brazil 106
8.23 argentina 107
8.24 rest of south america ................................................................................................................................
8.25 Middel East and Africa
8.26 Saudi Arabia
8.27 UAE 113
8.28 Bahrain 114
8.29 Oman 115
8.30 Qatar 116
8.31 Kuwait 117
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