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.
Elevate your business strategy with comprehensive market data. Request a sample report now:https://www.zionmarketresearch.com/sample/automotive-gas-springs-market
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.
Exhaustive Market Report: A Complete Study-https://www.zionmarketresearch.com/report/automotive-gas-springs-market
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.
More Trending Reports by Zion Market Research -
https://kiyatechno.blogspot.com/2025/08/tcms-market-size-drivers-trends-and.html
https://kiyatechno.blogspot.com/2025/08/cell-based-assays-market-size-share.html
https://kiyatechno.blogspot.com/2025/08/smart-advertising-market-size-share.html
https://kiyatechno.blogspot.com/2025/08/smart-education-learning-market-size.html
Asia Pacific Office
3rd Floor,
Mrunal Paradise, Opp Maharaja Hotel,
Pimple Gurav, Pune 411061,
Maharashtra, India
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL FREE +1-855-465-4651
Email: sales@zionmarketresearch.com
Zion Market Research is an obligated company. We create futuristic, cutting edge, informative reports ranging from industry reports, company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us-after all-if you do well, a little of the light shines on us.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your 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 here
News-ID: 4129980 • Views: …
More Releases from Zion Market Research
Shrink Film for Beverage Multipacks Market Valued at USD 1,410.42 Million in 202 …
The global shrink film for beverage multipacks market was valued at USD 1,410.42 million in 2024 and is projected to reach USD 2,718 million by 2034, growing at a CAGR of 6.78% between 2025 and 2034. The market growth is driven by increasing demand for cost-effective and eco-friendly packaging, rising consumption of beverages, and advancements in recyclable and sustainable film materials.
Shrink films - also known as shrink wraps - are…
Truffle Chocolate Market Valued at USD 1,382.68 Million in 2024, Expected to Sur …
The global truffle chocolate market was valued at USD 1,382.68 million in 2024 and is projected to reach USD 2,348.43 million by 2034, expanding at a CAGR of 5.44% between 2025 and 2034. The market is witnessing robust growth driven by increasing consumer demand for premium and artisanal confectionery, rising e-commerce penetration, and the growing popularity of gifting culture worldwide.
Truffle chocolates - known for their rich texture, indulgent flavor, and…
Grocery Locker in Supermarket Market Valued at USD 144.95 Million in 2024 - Expe …
The global grocery locker in supermarket market is experiencing steady growth, with an estimated value of USD 144.95 million in 2024, projected to reach USD 251.14 million by 2034. This growth is anticipated to occur at a CAGR of 5.65% between 2025 and 2034. The market's expansion is primarily fueled by increasing consumer demand for contactless shopping solutions, the rise of e-commerce and click-and-collect services, and the need for labor…
Philippines Warehousing Market Size to Reach USD 1,871.98 Million by 2034, Growi …
According to the latest industry analysis by Zion Market Research, the Philippines warehousing market was valued at approximately USD 781.3 million in 2024 and is projected to reach nearly USD 1,871.98 million by 2034, expanding at a CAGR of around 8.4% between 2025 and 2034. The study provides an in-depth analysis of market trends, growth drivers, challenges, and opportunities shaping the future of the warehousing industry in the Philippines.
🏭 Overview
Warehousing…
More Releases for Gas
City Gas Distribution Market 2022 key developmental strategies implemented by th …
The City Gas Distribution report is an in-depth examination of the global City Gas Distribution's general consumption structure, development trends, sales techniques, and top nations' sales. The research looks at well-known providers in the global City Gas Distribution industry, as well as market segmentation, competition, and the macroeconomic climate. A complete City Gas Distribution analysis takes into account a number of aspects, including a country's population and business cycles, as…
Know about City Gas Distribution Market Growth with Top Companies details like: …
The City Gas Distribution Market 2020-2024 Report involve of strong research on global City Gas Distribution industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global City Gas Distribution market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide City Gas Distribution…
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments.
Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/1011059
City Gas Distribution Industry 2019 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. This report…
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - …
Global City Gas Distribution Market Research Report consists of all the significant data related to the global market. The report presents a comprehensive analysis of the various industry growth factors, including the market trends, dynamics, estimates, production and consumption ratio, industry development factors, size, share, supply and demand, forecast trends, sales, as well as several other factors. The report has been generated leveraging a blend of the primary and secondary…
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary
WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database.
This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an…
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa …
A network that deliver the gas in the city.
Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments.
The report Global City Gas Distribution Market 2018 focuses on fundamental know-how of City Gas Distribution segment. The report provides comprehensive study and vivid description of drivers, limitations, openings, request factors, market size, conjectures, and patterns in the Worldwide…
