Gas Spring Market Outlook To 2023 – Stabilus, Suspa, Lant, Bansbach, WDF, HAHN, Barnes, Zhongde, Dictator, Changzhou, Shanghai Zhenfei, Aritech, Vapsint, LiGu, Huayang, AVM, ACE Automation, LongXiang, Weijhe

Dec 2018, New York USA (News) - Over the next five years, RRI Information projects that Gas Spring will register a XX% CAGR in terms of revenue, reach US$ XX million by 2023, from US$ XX million in 2017. A 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.
Asia-Pacific occupied 37.2% of the sales market in 2016. It is followed by Europe and North America, which respectively have around 26.09% and 24.94% of the global total industry. Other countries have a small amount of production.
Gas spring is mainly in the field such as automotive, furniture and industrial, which respectively have around 30.52%, 25.33% and 15.98%of the global total industry.

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For forecast, the global 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 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.

Major Market Players
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
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To calculate the market size, RRI Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
• Lift gas spring
• Lockable gas spring
• Swivel chair gas spring
• Gas traction springs
• Damper
• Others
Segmentation by application:
• Aerospace
• Medical
• Furniture
• Industrial
• Automotive
• Others

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Research objectives
• To study and analyze the global Gas Spring consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
• To understand the structure of Gas Spring market by identifying its various sub-segments.
• Focuses on the key global Gas Spring manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
• To analyze the Gas Spring with respect to individual growth trends, future prospects, and their contribution to the total market.
• To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
• To project the consumption of Gas Spring submarkets, with respect to key regions (along with their respective key countries).

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