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The global Industrial Gas Spring market was valued at 177.02 Million USD in 2021 and will grow with a CAGR of 4.12% from 2021 to 2027, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
An Industrial Gas Spring is a type of spring that, unlike a typical metal spring, uses a compressed gas, contained in a cylinder and compressed by a piston, to exert a force. An Industrial Gas Spring in compression is similar to a coil spring but normally much flatter. Compression Industrial Gas Springs have the rod out and the load from the application forces the rod in. Typically mounted so they are rod down in the position in which they spend the most time. This allows the oil contained within Industrial Gas Spring to lubricate the rod seals. By varying the design of the piston, seals and bearings and by modifying the quantity and viscosity or the lubricating oil can provide Industrial Gas Springs with different operating characteristics. Europe occupied 38.95% of the production market in 2015. It is followed by United States and China, which respectively have around 19.82% and 28.25% of the global total industry. Other countries have a small amount of production. Geographically, Europe was also the largest consumption market in the world, which took about 32.80% of the global consumption volume in 2015. United States shared 27.96% of global total and China Shared 20.27%. Industrial Gas Spring is mainly in the field such as automotive, furniture and industrial, which respectively have around 31.99%, 24.60% and 16.18%of the global total industry. For industry structure analysis, the Industrial Gas Spring machine industry is not concentration. Stabilus is the market leader and occupied about 21.87% of the whole market. For forecast, the global Industrial Gas Spring machine revenue would keep increasing with annual growth rate with 2~6%. We tend to believe that this industry still has a bright future, considering the current demand of Industrial Gas Spring machine. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
By Market Verdors:
Stabilus
Suspa
Lant
Bansbach
WDF
HAHN
Barnes
Zhongde
Dictator
Changzhou
Shanghai Zhenfei
Aritech
Vapsint
LiGu
Huayang
AVM
ACE Automation
LongXiang
Weijhe
Yili
LiPinGe
IGS
Gaysan
Attwood
Ameritool
Metrol
Camloc
Alrose
Worldwide
Gemini
By Types:
Lift Industrial Gas Spring
Lockable Industrial Gas Spring
Swivel chair Industrial Gas Spring
Gas traction springs
Damper
By Applications:
Automotive
Furniture
Industrial
Aerospace
Medical
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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Assess the production processes, major issues, and solutions to mitigate the development risk.
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To understand the future outlook and prospects for the market.
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