Global Automotive Gas Springs Market Growth 2023-2029

Global Automotive Gas Springs Market Growth 2023-2029

The main components of automotive gas springs are a cylinder, a piston rod with piston head, a seal and a guide. The cylinder is filled with compressed nitrogen gas. They are mainly used in automotive trunk and hood; also commercial vehicle seat, coach luggage door, side door. By tube dimension, 12 mm~28mm is the most common size.

LPI (LP Information)' newest research report, the “Automotive Gas Springs Industry Forecast” looks at past sales and reviews total world Automotive Gas Springs sales in 2022, providing a comprehensive analysis by region and market sector of projected Automotive Gas Springs sales for 2023 through 2029. With Automotive Gas Springs sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Automotive Gas Springs industry.

This Insight Report provides a comprehensive analysis of the global Automotive Gas Springs landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Automotive Gas Springs portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Automotive Gas Springs market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Automotive Gas Springs and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Automotive Gas Springs.

The global Automotive Gas Springs market size is projected to grow from US$ 1117.5 million in 2022 to US$ 1416.4 million in 2029; it is expected to grow at a CAGR of 1416.4 from 2023 to 2029.

Global key automotive gas springs players include Stabilus, Suspa and American Gas Springs (AGS) etc. The top 3 companies hold a share about 21%. Europe is the largest market with a share about 44%, followed by China and North America.

In terms of product, lift gas spring (non-locking) is the largest segment with a share about 75%. And in terms of applications, the largest application is OEM with a share about 75%.

This report presents a comprehensive overview, market shares, and growth opportunities of Automotive Gas Springs market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Lift Gas Spring (Non-locking)
Lockable Gas Springs

Segmentation by application
OEM
Aftermarket

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Stabilus
Suspa
American Gas Springs (AGS)
Bansbach
Lesjofors
Wan Der Ful Co
HAHN Gasfedern
AVM Industries
Hitachi Astemo
Anhui Lant
Vapsint
GAYSAN
Tunalift Gas Spring
Ningbo GasTac Gas Spring Co
Shanghai Boxi
Zhuhai Oudun

Key Questions Addressed in this Report

What is the 10-year outlook for the global Automotive Gas Springs market?

What factors are driving Automotive Gas Springs market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Automotive Gas Springs market opportunities vary by end market size?

How does Automotive Gas Springs break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.