Press release
Industrial Gas Spring Market Set for Rapid Growth, to Reach $2500 Mn by 2025
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.
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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.
The global Industrial Gas Spring market is valued at 1810 million US$ in 2017 and will reach 2500 million US$ by the end of 2025, growing at a CAGR of 4.1% during 2018-2025.
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The major manufacturers covered in this report
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
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
India
Southeast Asia
Other regions (Central & South America, Middle East & Africa)
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Lift Industrial Gas Spring
Lockable Industrial Gas Spring
Swivel chair Industrial Gas Spring
Gas traction springs
Damper
Others
By Application, the market can be split into
Automotive
Furniture
Industrial
Aerospace
Medical
Others
Buy Full Market Report Now, Report delivery time within 24 hours @ (Pages: 123|Tables: 147): https://www.qyresearch.com/settlement/pre/9458a862d9a47712ef8bd37051b6d6dd,0,1,Global%20Industrial%20Gas%20Spring%20Market%20Professional%20Survey%20Report%202018
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