Press release
Industrial Gas Spring Market Worth USD 2500 Mn Size with Development Trends, Supporting Growth and Forecast till 2025 | Worldwide Key Players Shares and Volume
Industrial Gas Spring Market Highlights: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.
The Global Industrial Gas Spring Market is valued at US$ 1810 Million in 2018 is expected to reach US$ 2500 Million by the end of 2025, growing at a CAGR of 4.1% during 2019-2025. 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.
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.
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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.
This report focuses on Industrial Gas Spring volume and value at global level, regional level and company level. From a global perspective, this report represents overall Industrial Gas Spring market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.
At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.
The following manufacturers are covered:
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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Industrial Gas Spring Market Segment by Regions
North America
Europe
China
Japan
Industrial Gas Spring Market Segment by Type
Lift Industrial Gas Spring
Lockable Industrial Gas Spring
Swivel chair Industrial Gas Spring
Gas traction springs
Damper
Others
Industrial Gas Spring Market Segment by Application
Automotive
Furniture
Industrial
Aerospace
Medical
Others
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