Gas Struts Market: Global Industry Analysis and Forecast (2024-2030)

  • The Gas Struts Market size was valued at USD 2.8 Bn. in 2023 and the total Gas Struts Market size is expected to grow at a CAGR of 5.20% from 2024 to 2030, reaching nearly USD 3.99 Bn. by 2030.

  • Format : PDF | Report ID : SMR_2112

Gas Struts Market Overview

The gas struts market is a rapidly growing sector in the automotive and industrial equipment industries, offering hydraulic devices for controlled and smooth motion in various applications. These systems are widely used in automotive hoods, trunks, seats, industrial machinery, furniture, and aerospace. The market is driven by the need for improved comfort, safety, and efficiency in various industries. Gas struts, also known as rams or dampers, provide a controlled way of storing and releasing energy through a sliding piston and rod. They are primarily used to counterbalance or support moving masses and consist of a piston rod and pressure tube with a piston unit. They are filled with non-toxic nitrogen under high pressure and use a defined amount of oil for end-position damping and lubrication.

 

The gas struts market is influenced by technological advancements, industry regulations, customer preferences, and economic conditions. Manufacturers must stay updated to maintain a competitive edge. Key players focus on product differentiation, quality, and cost optimization. Collaboration with industry stakeholders like automotive manufacturers and equipment suppliers is crucial. The demand for gas struts is driven by ergonomic fixtures and smart domestic solutions, with the market increasing unexpectedly because of technological improvements convenience, and connectivity.

Gas Struts Market

 

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Gas Struts Market Dynamics:

The demand for fuel struts in the automotive industry is increasing because of the need for more efficient lift guide mechanisms in motors Gas struts are used in automotive applications such as hood, trunk, tailgate, and seats to support measured motion. Availability of productivities As the automotive market increases globally, the demand for gas struts is projected to increase, highlighting the importance in present automotive design and presentation Gas because of ergonomic solutions and smart home products because of demand in furniture and appliance industries Struts are popular Gas struts offer height changeable tables, recliner chairs and storing areas to exploit personal relaxation and accessibility.

 

The market of smart homes is also growing, driven by consumer demand for technological advancement, convenience, and connectivity. Gas struts play an important role in enabling the clean and controlled running of smart home applications, such as adjustable cabinets, elevators, and hidden storage solutions when with increasing adoption of smart home technology, gas struts the demand there is expected to increase significantly, driving the automotive Gas Struts market size.

Gas Struts Market1

The Gas Struts Market faces difficulties such as fluctuating raw material prices, stringent regulatory standards, and strong global and regional rivalry. These factors impact production and pricing strategies, making production complex and costly. To maintain market competitiveness and productivity, ongoing innovations in product differentiation and organization are needed. Also, global economic indecision, supply chain disruptions, and reliance on cyclical sectors like automotive and aerospace complicate the market position. To overcome these challenges, technical developments, investment, and flexibility are needed.

 

The Gas Struts Market has been experiencing growth because of the increasing demand for specialized gas struts in the automotive segment, mostly for electric and hybrid vehicles. Improvements in material sciences and developed machinery offer opportunities for lighter, more durable, and effective gas struts. The market is also increasing in the aerospace, furniture, medical equipment, and industrial technology segments. Strategic collaborations facilitate technological innovation and market growth. The growing focus on smart and IoT-enabled devices opens opportunities for integrating gas struts with sensor technologies. To capitalize on these opportunities, proactive investment in research and development, market diversification, and product alignment with customer needs are required.

 

Gas Struts Market Segment Analysis:

Based on Application, The gas Struts in the aerospace industry have been major, providing several applications for aircraft systems and modules. Gas struts are used in aircraft hatches and access doors to help with opening and closing. To ensure effective access during maintenance, inspection, and boarding procedures, these struts offer smooth, controlled movements. For assistance with opening and closing, gas struts are often utilized in car hoods and trunks. They provide better safety and convenience of use by offering smooth and controlled movement. Medical equipment frequently uses gas struts to adjust height. This covers dental chairs, operating tables, exam tables, and adjustable beds. The market of gas struts in this particular category has been driven by the need for medical equipment that is both ergonomic and adjustable.

Gas Struts Market2

 

Gas Struts Market Regional Insight:

North America dominated for XX% of the market share in 2023. The market has been driven by the automotive industry's continuous growth as well as the increasing popularity of gas Struts for vehicles' enhanced safety and usefulness. The market of gas Struts is growing as a result of higher manufacturers in the US and Canadian markets. North America continues to hold a major share of the market, primarily because of its top manufacturing companies and the availability of premium Gas Struts. Its dominance in the gas Struts market is further cemented by the rising need for features that are long-lasting and driven by the gas struts market.

Gas Struts Market3

Gas Struts Market Competitive Landscape:

  • 10.04.2024, SUSPA gas pressure springs in the Biohort garden box the interaction of the SUSPA gas springs and the Biohort garden box combines functionality and style in a unique way. The Biohort garden boxes are 100% made in Austria and are known for their first-class quality.

 

  • June 13, 2024, BRISTOL, Conn During the recent MRO Americas show in Chicago, Barnes and RTX’s Pratt & Whitney Canada announced a significant milestone a long-term extension of a repair services agreement. As industry leaders in aerospace aftermarket solutions, the companies are committed to partnering on the maintenance, repair, and overhaul of highly complex parts used in aero engine cases, rotating components, shrouds, and seals.

Gas Struts Market Scope

Market Size in 2023

USD 2.8 Bn.

Market Size in 2030

USD 3.99 Bn.

CAGR (2024-2030)

5.20 %

Historic Data

2018-2022

Base Year

2023

Forecast Period

2024-2030

   Segments

By Type

Automotive Gas Struts and Spring Systems

Industrial Gas Struts and Spring Systems

By Application

Automotive

Aerospace

Marine

Medical

Furniture

Industrial

Regional Scope

North America- United States, Canada, and Mexico

Europe – UK, France, Germany, Italy, Spain, Sweden, Russia, and Rest of Europe

Asia Pacific – China, India, Japan, South Korea, Australia, ASEAN, Rest of APAC

Middle East and Africa - South Africa, GCC, Egypt, Rest of the Middle East and Africa

South America – Brazil, Argentina, Rest of South America

 

Key Player in the Gas Struts Market

  1. ACE Controls Inc. - USA
  2. Gemini Gas Springs Inc. - USA
  3. Ameritool - USA
  4. Bansbach Easylift - Germany
  5. Camloc Motion Control Limited - UK
  6. Stabilus - Germany
  7. WAN DER FUL CO.LTD. - Taiwan
  8. SUSPA GmbH - Germany
  9. IDEAL Gas Spring Pvt. Ltd. - India
  10. Metrol Spring Limited - UK
  11. Industrial Gas Spring Inc. - USA
  12. Hahn Gasfedern GmbH - Germany
  13. Barnes Group - USA
  14. Vapsint - China
  15. Showa Corporation - Japan
  16. Lesjofors Automotive - Sweden
  17. Winson Gas Spring - China
  18. Zhili Gas Spring – China
  19. XX.inc


Frequently Asked Questions

The forecast period of the market is 2024 to 2030.

1.    Gas Struts Market: Research Methodology 
2.    Gas Struts Market: Executive Summary
3.    Gas Struts Market: Competitive Landscape
4.    Potential Areas for Investment

4.1. Stellar Competition Matrix
4.2. Competitive Landscape
4.3. Key Players Benchmarking
4.4. Market Structure
4.4.1.    Market Leaders 
4.4.2.    Market Followers
4.4.3.    Emerging Players

4.5. Consolidation of the Market
4.6. Import and export of Gas Struts Market 
5.    Gas Struts Market : Dynamics
5.1. Market Driver 
5.1.1.    Increasing Consumer Awareness
5.1.2.    Innovation in Product Offerings

5.2. Market Trends by Region
5.2.1.    North America
5.2.2.    Europe
5.2.3.    Asia Pacific
5.2.4.    Middle East and Africa
5.2.5.    South America

5.3. Market Drivers by Region
5.3.1.    North America
5.3.2.    Europe
5.3.3.    Asia Pacific
5.3.4.    Middle East and Africa
5.3.5.    South America

5.4. Market Restraints
5.5. Market Opportunities
5.6. Market Challenges
5.7. PORTER’s Five Forces Analysis
5.8. PESTLE Analysis
5.9. Strategies for New Entrants to Penetrate the Market
5.10. Regulatory Landscape by Region
5.10.1.    North America
5.10.2.    Europe
5.10.3.    Asia Pacific
5.10.4.    Middle East and Africa
5.10.5.    South America

6.    Gas Struts Market Size and Forecast by Segments (by value Units)
6.1. Gas Struts Market Size and Forecast, by Type (2023-2030)
6.1.1.    Automotive Gas Struts and Spring Systems
6.1.2.    Industrial Gas Struts and Spring Systems

6.2. Gas Struts Market Size and Forecast, by Application (2023-2030)
6.2.1.    Automotive
6.2.2.    Aerospace
6.2.3.    Marine
6.2.4.    Medical
6.2.5.    Furniture
6.2.6.    Industrial

6.3. Gas Struts Market Size and Forecast, by Region (2023-2030)
6.3.1.    North America
6.3.2.    Europe
6.3.3.    Asia Pacific
6.3.4.    Middle East and Africa
6.3.5.    South America

7.    North America Gas Struts Market Size and Forecast (by value Units)
7.1. North America Gas Struts Market Size and Forecast, by Type (2023-2030)
7.1.1.    Automotive Gas Struts and Spring Systems
7.1.2.    Industrial Gas Struts and Spring Systems

7.2. North America Gas Struts Market Size and Forecast, by Application (2023-2030)
7.2.1.    Automotive
7.2.2.    Aerospace
7.2.3.    Marine
7.2.4.    Medical
7.2.5.    Furniture
7.2.6.    Industrial

7.3. North America Gas Struts Market Size and Forecast, by Country (2023-2030)
7.3.1.    United States
7.3.2.    Canada
7.3.3.    Mexico

8.    Europe Gas Struts Market Size and Forecast (by Value Units)
8.1. Europe Gas Struts Market Size and Forecast, by Type (2023-2030)
8.1.1.    Automotive Gas Struts and Spring Systems
8.1.2.    Industrial Gas Struts and Spring Systems

8.2. Europe Gas Struts Market Size and Forecast, by Application (2023-2030)
8.2.1.    Automotive
8.2.2.    Aerospace
8.2.3.    Marine
8.2.4.    Medical
8.2.5.    Furniture
8.2.6.    Industrial

8.3. Europe Gas Struts Market Size and Forecast, by Country (2023-2030)
8.3.1.    UK
8.3.2.    France
8.3.3.    Germany
8.3.4.    Italy
8.3.5.    Spain
8.3.6.    Sweden
8.3.7.    Austria
8.3.8.    Rest of Europe

9.    Asia Pacific Gas Struts Market Size and Forecast (by Value Units)
9.1. Asia Pacific Gas Struts Market Size and Forecast, by Type (2023-2030)
9.1.1.    Automotive Gas Struts and Spring Systems
9.1.2.    Industrial Gas Struts and Spring Systems

9.2. Asia Pacific Gas Struts Market Size and Forecast, by Application (2023-2030)
9.2.1.    Automotive
9.2.2.    Aerospace
9.2.3.    Marine
9.2.4.    Medical
9.2.5.    Furniture
9.2.6.    Industrial

9.3. Asia Pacific Gas Struts Market Size and Forecast, by Country (2023-2030)
9.3.1.    China
9.3.2.    S Korea
9.3.3.    Japan
9.3.4.    India
9.3.5.    Australia
9.3.6.    Asean
9.3.7.    Rest of Asia Pacific

10.    Middle East and Africa Gas Struts Market Size and Forecast (by Value Units)
10.1. Middle East and Africa Gas Struts Market Size and Forecast, by Type (2023-2030)
10.1.1.    Automotive Gas Struts and Spring Systems
10.1.2.    Industrial Gas Struts and Spring Systems

10.2. Middle East and Africa Gas Struts Market Size and Forecast, by Application (2023-2030)
10.2.1.    Automotive
10.2.2.    Aerospace
10.2.3.    Marine
10.2.4.    Medical
10.2.5.    Furniture
10.2.6.    Industrial

10.3. Middle East and Africa Gas Struts Market Size and Forecast, by Country (2023-2030)
10.3.1.    South Africa
10.3.2.    GCC
10.3.3.    Rest of ME&A

11.    South America Gas Struts Market Size and Forecast (by Value Units)
11.1. South America Gas Struts Market Size and Forecast, by Type (2023-2030)
11.1.1.    Automotive Gas Struts and Spring Systems
11.1.2.    Industrial Gas Struts and Spring Systems

11.2. South America Gas Struts Market Size and Forecast, by Application  (2023-2030)
11.2.1.    Automotive
11.2.2.    Aerospace
11.2.3.    Marine
11.2.4.    Medical
11.2.5.    Furniture
11.2.6.    Industrial

11.3. South America Gas Struts Market Size and Forecast, by Country (2023-2030)
11.3.1.    Brazil
11.3.2.    Argentina
11.3.3.    Rest of South America

12.    Company Profile: Key players
12.1. ACE Controls Inc.                   
12.1.1.    Company Overview
12.1.2.    Financial Overview
12.1.3.    Business Portfolio
12.1.4.    SWOT Analysis
12.1.5.    Business Strategy 
12.1.6.    Recent Developments

12.2. Gemini Gas Springs Inc.
12.3. Ameritool 
12.4. Bansbach Easylift 
12.5. Camloc Motion Control Limited
12.6. Stabilus 
12.7. WAN DER FUL CO.LTD.
12.8. SUSPA GmbH
12.9. IDEAL Gas Spring Pvt. Ltd.
12.10. Metrol Spring Limited
12.11.  Industrial Gas Spring Inc. 
12.12. Hahn Gasfedern GmbH
12.13. Barnes Group
12.14. Vapsint
12.15. Showa Corporation
12.16. Lesjofors Automotive
12.17. Winson Gas Spring
12.18. Zhili Gas Spring
12.19. XX.inc
13.    Key Findings
14.    Industry Recommendation

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