Press release
Automotive Gas Springs Market to Surpass USD 2.37 Billion by 2034, Expanding at 4.18% CAGR from USD 1.58 Billion in 2024
Automotive Gas Springs Market
The global automotive gas springs market is set to experience moderate but steady growth, reaching a valuation of approximately USD 2,377.30 million by 2034, up from USD 1,578.49 million in 2024. This reflects a compound annual growth rate (CAGR) of around 4.18% between 2025 and 2034. The rising demand for comfort, safety, and improved ergonomics in vehicles is a core driver of this growth.
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Gas springs, also known as gas struts or gas shocks, are widely used in automobiles for controlled motion and dampening applications in tailgates, hoods, seats, trunk lids, and glove compartments. The market is benefiting from rising automotive production, increasing penetration of electric vehicles (EVs), and technological innovations in lightweight and corrosion-resistant components.
Key Market Drivers:
✅ 1. Growth in Automotive Production and Aftermarket:
Increasing passenger and commercial vehicle production globally fuels demand for factory-installed gas springs.
Expansion of the automotive aftermarket, particularly in Asia-Pacific and Latin America, contributes to replacement demand.
✅ 2. Emphasis on Passenger Comfort & Ergonomics:
Enhanced user experience, especially for tailgates, bonnets, and rear hatch lifts, is driving gas spring integration.
Premium vehicles and SUVs increasingly use gas springs for luxury features like soft-close and automatic lift gates.
✅ 3. Rise of Electric & Hybrid Vehicles:
EVs often require gas springs for multiple compartment access points, including front trunks (frunks).
Lightweight, high-efficiency gas springs are in demand for energy efficiency in EVs.
✅ 4. Technological Advancements:
Emergence of dynamic lockable gas springs, adjustable force gas springs, and stainless-steel corrosion-resistant designs.
Market Challenges:
Volatility in Raw Material Prices: Steel, aluminum, and nitrogen costs affect profit margins.
Design Complexity for Custom Applications: Bespoke designs for luxury and commercial vehicles require higher R&D investments.
Substitute Technologies: Electrically operated actuators are an emerging alternative, especially in high-end cars.
Market Opportunities:
Smart Gas Springs: Integration with IoT sensors and smart tailgate systems for automation and remote access.
EV Component Customization: Scope for lighter, compact designs tailored to the smaller engine compartments of EVs.
OEM Partnerships: Collaboration with vehicle manufacturers for embedded gas spring solutions during vehicle prototyping stages.
Market Segmentation:
🔹 By Type:
Lift Gas Springs
Lockable Gas Springs
Swivel Gas Springs
Tension Gas Springs
Damper Gas Springs
🔹 By Vehicle Type:
Passenger Cars
Light Commercial Vehicles (LCVs)
Heavy Commercial Vehicles (HCVs)
Electric Vehicles
🔹 By Application:
Tailgates & Trunk Lids
Hoods & Bonnet Supports
Seat Adjustments
Glove Compartments
Sunroof Mechanisms
🔹 By Sales Channel:
OEM (Original Equipment Manufacturer)
Aftermarket
Regional Analysis:
🌍 Asia-Pacific:
Largest and fastest-growing region, led by China, India, Japan, and South Korea.
Booming vehicle production and localization of auto component manufacturing.
🌍 North America:
Stable growth due to sustained demand for pickup trucks, SUVs, and luxury vehicles.
Focus on automated tailgate systems supports OEM-level adoption.
🌍 Europe:
High penetration in premium automotive segment and strong regulatory push for lightweight components.
Germany, France, and UK leading demand due to established OEM base.
🌍 Latin America and MEA:
Moderate growth driven by vehicle assembly plants in Mexico and Brazil.
Opportunities exist in the aftermarket and commercial vehicle segment.
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Competitive Landscape:
The market is moderately fragmented, with a mix of global leaders and regional manufacturers. Companies focus on durability, compact design, and corrosion resistance as key differentiation factors. Strategic moves include R&D investments, OEM collaborations, and regional manufacturing expansions.
The global automotive gas springs market is led by players like:
Showa Corporation
Stabilus GmbH
HAHN Gasfedern GmbH
Zhuhai Oudun Auto Parts Co. Ltd.
Hitachi Astemo
Ningbo GasTac Gas Spring Co. Ltd.
Suspa GmbH
Lesjöfors Automotive
Shanghai BOXI Auto Parts Co. Ltd.
Tunalift Gas Spring
Bansbach Easylift GmbH
GAYSAN
AVM Industries LLC
American Gas Springs (AGS)
Vapsint S.r.l.
Recent Developments:
2024: Stabilus introduced a line of sustainably produced gas springs using recycled materials.
2023: Suspa partnered with an EV manufacturer to supply tailgate gas springs for electric SUVs.
2023: ZF expanded its facility in Mexico to cater to increasing North American demand.
Future Outlook:
The next decade will bring smarter, lighter, and more durable gas spring solutions, driven by trends like electrification, automation, and vehicle personalization. Growth in EV production and rising consumer expectations around comfort and accessibility will keep the automotive gas spring market on an upward trajectory.
Conclusion:
The global automotive gas springs market is expected to grow from USD 1,578.49 million in 2024 to USD 2,377.30 million by 2034, at a CAGR of 4.18%. Innovation, electrification, and demand for vehicle customization will continue to shape market evolution, offering lucrative opportunities for both manufacturers and suppliers across OEM and aftermarket channels.
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