Gas Struts Market
Gas Struts Market (By Type (Automotive Gas Struts and Spring Systems, Industrial Gas Struts and Spring Systems), By Application (Automotive, Aerospace, Marine, Medical, Furniture, Industrial), By Region and Companies)
August 2024
Energy and Power
Pages: 138
ID: IMR1190
Gas Struts Market Overview
Global Gas Struts Market size is expected to be worth around USD 4.9 Billion by 2033 from USD 2.9 Billion in 2023, growing at a CAGR of 5.4% during the forecast period from 2023 to 2033.
The gas struts market refers to the industry that manufactures and sells gas struts, which are devices used to support, lift, or adjust the height and position of various objects. These struts are filled with gas, usually nitrogen, and are commonly found in items like car hoods, hatchbacks, office chairs, and even in some types of machinery. They help make lifting and lowering tasks easier and smoother, providing controlled movement and support.
The demand for gas struts is growing because they are used in many everyday items and industrial applications. As more people buy cars, furniture, and appliances, the need for reliable and durable gas struts increases. Additionally, advancements in technology and design have made gas struts more efficient and versatile, boosting their popularity in various sectors, including automotive, furniture, and industrial equipment.
Drivers for the Gas Struts Market
Increasing Demand in the Automotive Industry
The automotive industry is a major driver for the gas struts market. Gas struts are extensively used in vehicles for various applications, such as supporting the opening and closing of hoods, trunk lids, and tailgates. As the global production and sales of vehicles continue to rise, especially with the increase in electric and hybrid vehicles, the demand for gas struts is growing. These struts provide ease of use and enhanced safety, making them a crucial component in modern vehicles. Additionally, the focus on improving fuel efficiency has led to the adoption of lightweight materials in gas strut manufacturing, further boosting their demand in the automotive sector.
Advancements in Aerospace Applications
The aerospace industry also significantly contributes to the growth of the gas struts market. Gas struts are employed in a variety of aerospace applications, including aircraft seats, cockpit canopies, and cargo compartments. With the increasing number of air travel passengers and rising defense expenditures, there is a heightened need for reliable and efficient components in aircraft. Gas struts help in achieving smooth and controlled movements, essential for the operational efficiency and safety of aircraft. The continuous advancements in aerospace technology and the expansion of air fleets globally are driving the demand for gas struts in this sector.
Growing Use in Furniture and Ergonomic Solutions
Gas struts are gaining popularity in the furniture industry due to their ability to provide easy adjustment and improved ergonomics. They are used in office chairs, height-adjustable desks, and various other types of furniture to facilitate smooth movement and enhance user comfort. The increasing focus on workplace ergonomics and employee well-being is propelling the adoption of gas struts in office furniture. Furthermore, the trend towards compact and space-saving furniture in urban living spaces is boosting the demand for gas struts, which help optimize space and provide better functionality.
Rising Demand in Industrial Applications
In industrial settings, gas struts are utilized for lifting, counterbalancing, and adjusting heavy machinery and equipment. They play a vital role in enhancing the efficiency and safety of operations in assembly lines, packaging machines, and robotic systems. The industrial sector's emphasis on automation and precision in manufacturing processes has led to a growing demand for gas struts. These components help achieve precise control and smooth movement, which are crucial for maintaining productivity and reducing operational risks in industrial environments.
Medical Equipment and Healthcare Sector
The healthcare sector is another significant area where gas struts are extensively used. They are found in medical equipment such as adjustable beds, examination tables, and medical chairs. The demand for ergonomic and customizable medical devices is driving the market for gas struts in this sector. These struts enable easy adjustment and positioning of medical equipment, enhancing patient comfort and caregiver convenience. With the increasing focus on healthcare infrastructure and the need for advanced medical devices, the demand for gas struts in this sector is expected to rise.
Adoption of Automation and Robotics
The increasing adoption of automation and robotics across various industries is also a key driver for the gas struts market. Gas struts are essential for ensuring precise and reliable motion control in automated systems. As industries continue to integrate advanced robotics and automated machinery into their operations, the need for components that provide smooth and controlled movements is growing. Gas struts fulfill this requirement, contributing to the efficiency and effectiveness of automated processes. The expansion of automation and robotics is thus expected to drive the demand for gas struts in the coming years.
Restraints for the Gas Struts Market
High Production Costs
One of the primary restraints for the gas struts market is the high cost of production. The manufacturing process of gas struts involves precision engineering and high-quality materials, such as steel and nitrogen gas, which are expensive. Additionally, the need for advanced machinery and skilled labor further drives up production costs. These high production costs result in higher prices for the end products, making them less accessible to cost-sensitive markets and consumers.
Safety Concerns
Safety issues associated with gas struts are another major challenge. Misuse or mishandling of gas struts, particularly those containing high-pressure nitrogen gas, can lead to dangerous bursts and serious injuries. This potential for accidents necessitates stringent safety standards and handling procedures, which can be difficult to enforce consistently across different regions and industries. The perceived risk may deter some consumers from opting for gas struts, thereby limiting market growth.
Environmental Regulations
Environmental regulations also pose a significant restraint to the gas struts market. The production and disposal of gas struts involve materials and processes that can have environmental impacts. For instance, the release of nitrogen gas and the disposal of metal components require careful management to prevent environmental harm. Compliance with these regulations can be costly and complex, particularly for smaller manufacturers, which may struggle to meet stringent environmental standards.
Market Competition
The gas struts market is highly competitive, with numerous players vying for market share. This intense competition can drive down prices and profit margins, making it challenging for companies to invest in innovation and expansion. Additionally, the presence of alternative technologies, such as mechanical springs and hydraulic struts, provides consumers with multiple options, which can further dilute the demand for gas struts.
Limited Awareness and Adoption
Another restraint is the limited awareness and adoption of gas struts in certain regions and industries. While gas struts are widely used in automotive, aerospace, and industrial applications, their benefits and applications are not as well known in other sectors. This lack of awareness can result in slower adoption rates and hinder market penetration. Efforts to educate potential users about the advantages of gas struts are necessary to overcome this barrier and drive market growth.
Opportunity in the Gas Struts Market
Increasing Demand Across Industries
The gas struts market is experiencing significant growth opportunities due to its widespread application across various industries. These components, also known as gas springs or gas shocks, are essential for providing controlled motion and support. They are extensively used in automotive hoods and tailgates, furniture, medical equipment, and more. The growing demand for energy-efficient and environmentally friendly solutions further drives market expansion, as gas struts offer reliable and efficient performance.
Technological Advancements
Technological advancements are another key factor boosting the gas struts market. Continuous improvements in product performance and durability are making gas struts more appealing to a broader range of applications. Innovations such as adjustable force gas springs and advanced sealing technologies enhance the functionality and lifespan of these products, attracting more industries to adopt them. As industries strive for automation and enhanced user experience, the adoption of technologically advanced gas struts is set to rise.
Growing Automotive Sector
The automotive sector remains a significant driver of the gas struts market. With the increasing production of vehicles globally, the demand for gas struts in applications like hood supports, tailgate assists, and seat adjustments is rising. Moreover, the trend towards lightweight and electric vehicles necessitates the use of high-quality, durable components, further boosting the demand for advanced gas struts. This sector's growth is expected to continue driving the market over the coming years.
Expanding Applications in Furniture and Medical Equipment
Beyond the automotive industry, the furniture and medical equipment sectors present substantial growth opportunities for the gas struts market. In furniture, gas struts are used in adjustable chairs, tables, and storage solutions, providing smooth and reliable motion. In the medical field, they are crucial for hospital beds, examination tables, and other adjustable medical devices, enhancing functionality and patient comfort. The expanding applications in these sectors contribute significantly to market growth.
Regional Growth Opportunities
Regionally, North America and Europe hold significant market shares, driven by robust automotive and industrial sectors, stringent safety regulations, and technological advancements. However, the Asia-Pacific region is emerging as a lucrative market due to rapid industrialization, urbanization, and increasing investments in automotive and infrastructure development. The growing manufacturing activities and infrastructure projects in Latin America and the Middle East & Africa also present steady growth opportunities for the gas struts market .
Trends for the Gas Struts Market
Growing Automotive Applications
One major trend in the gas struts market is their increasing use in the automotive industry. Gas struts are essential components in car design, providing controlled movement for hoods, trunks, and tailgates. As car manufacturers aim to improve vehicle performance and safety, the demand for high-quality gas struts continues to rise. This trend is driven by the growing production of automobiles worldwide, especially in regions like North America and Europe, which have strong automotive industries.
Adoption of Ergonomic Furniture and Smart Homes
Another significant trend is the growing use of gas struts in ergonomic furniture and smart home solutions. Consumers are increasingly prioritizing comfort and convenience in their living spaces, leading to a higher demand for furniture and appliances that incorporate gas struts. These components provide smooth and controlled movements, enhancing the functionality and user experience of various household items, such as adjustable chairs and beds.
Industrial and Automation Applications
The industrial sector is also seeing an uptick in the adoption of gas struts. In industries like aerospace, machinery, and robotics, gas struts are used to improve safety, efficiency, and precision. As industrial automation and advanced manufacturing technologies become more prevalent, the need for reliable and durable gas struts is increasing. This trend underscores the importance of gas struts in modern engineering and production processes.
Technological Advancements
Technological advancements in gas strut design and manufacturing are further shaping the market. Innovations that enhance the performance, durability, and efficiency of gas struts are attracting more industries to adopt these components. For instance, new materials and designs that reduce weight while maintaining strength are particularly appealing in sectors like automotive and aerospace, where performance and efficiency are critical.
Regional Market Dynamics
Regionally, the gas struts market shows varied growth patterns. North America and Europe hold significant market shares due to their established automotive and industrial sectors. Meanwhile, the Asia-Pacific region is emerging as a lucrative market, driven by rapid industrialization, urbanization, and increased investments in automotive and infrastructure development. Countries like China, Japan, and South Korea are key players in this growth, contributing to the dynamic expansion of the gas struts market.
Sustainability and Energy Efficiency
Finally, there is a growing emphasis on sustainability and energy efficiency in the gas struts market. Manufacturers are focusing on developing environmentally friendly products that comply with stringent regulations. This trend is particularly evident in Europe, where energy-efficient solutions are highly valued. As industries worldwide adopt greener practices, the demand for eco-friendly gas struts is expected to rise, driving further innovation and market growth .
Segments Covered in the Report
By Type
o Automotive Gas Struts and Spring Systems
o Industrial Gas Struts and Spring Systems
By Application
o Automotive
o Aerospace
o Marine
o Medical
o Furniture
o Industrial
Segment Analysis
By Type Analysis
Automotive Gas Struts and Spring Systems and Industrial Gas Struts and Spring Systems are included in the segmentation of the Gas Struts market based on Type. The market was dominated in 2023 by the Automotive Gas Struts and Spring Systems segment. The market for gasoline struts is primarily driven by the automotive industry. Gas Struts are employed in several car applications, including seats, tailgates, hoods, and trunks. There will always be an overwhelming need for automotive gas struts because of the sheer number of cars produced worldwide and the continual need for cutting-edge car amenities.
By Application Analysis
Based on application, the Gas Struts Market is divided into the following segments: Automotive, Aerospace, Marine, Medical, Furniture, and Industrial. The automotive category produced the highest revenue in 2023. One of the major global consumers of gasoline is thought to be the automotive sector. The need for gas shocks is always rising because of rising auto production and sales, particularly in developing nations. The growth of the fuel struts market is driven by the expansion of the automotive industry.
In the aerospace sector, gas struts have played a significant role by offering a variety of uses for aircraft systems and modules. Aircraft hatches and access doors employ gas struts to facilitate opening and shutting. These struts provide smooth, controlled movements to ensure effective access during maintenance, inspection, and boarding procedures. Car hoods and trunks frequently use gas struts to help with opening and closing. Their smooth and controlled movement makes them more user-friendly and safer. Gas struts are widely used in medical equipment to modify height. This includes operating tables, exam tables, dentist chairs, and adjustable beds. The demand for medical equipment that is both adaptable and ergonomic has boosted the market for gas struts in this specific category.
Regional Analysis
In 2023, North America held a majority of the market share. The market has been propelled by the ongoing expansion of the automotive sector as well as the rising acceptance of gas shocks for their improved utility and safety in cars. Due to an increase in manufacturers in the US and Canada, the gas strut industry is expanding. Because of its top manufacturers and access to high-quality gas struts, North America still commands a sizable portion of the industry. The growing demand for long-lasting characteristics, which is fueled by the gas struts market, further solidifies its dominance in that market.
The second-largest market share is held by the Europe Gas Struts market. Producing passenger automobiles, commercial vehicles, and specialty vehicles, Europe has a thriving automotive sector. Gas Struts are crucial parts that are utilized on hoods, tailgates, trunk lids, and bonnets, among other automotive uses. In addition, the UK Gas Struts market was expanding at the fastest rate in the European Union, while the German Gas Struts market maintained the biggest market share.
According to projections, the Asia-Pacific Gas Struts Market will expand at the quickest rate possible between 2023 and 2033. The automotive sector is expanding significantly in the Asia-Pacific area due to factors such as urbanization, rising disposable incomes, and growing demand for passenger and commercial vehicles. Gas Struts are crucial parts that go into hoods, tailgates, trunk lids, and doors, among other vehicle applications. Additionally, the Asia-Pacific region's fastest-growing Gas Struts market was India, while China held the greatest market share.
Competitive Analysis
Prominent industry participants are making significant R&D investments to broaden their product offerings, hence contributing to the further expansion of the Gas Struts market. To increase their worldwide presence, market players are also engaging in a range of strategic initiatives. Notable changes in the industry include the introduction of new products, contracts, mergers and acquisitions, increased investment, and cooperation with other businesses. To grow and thrive in an increasingly cutthroat and dynamic market, the Gas Struts sector needs to provide affordable products.
Recent Developments
June 2024: BRISTOL, Connecticut A long-term renewal of a repair services agreement was announced by Barnes and RTX's Pratt & Whitney Canada as a significant milestone during the recent MRO Americas event in Chicago. The companies are dedicated to collaborating on the maintenance, repair, and overhaul of extremely complicated parts used in aero engine cases, rotating components, shrouds, and seals. They are leaders in the industry for aerospace aftermarket solutions.
January 2021: The launch of hundreds of new Gas Springs to their vast catalog offering was announced by ASRaymond. Pre-engineered Gas Springs, also known as Gas Struts or Gas Shocks, are part of the standard components product line and are designed to fit a range of applications. With over 12,000 Standard Gas Springs available today, clients may find the perfect strut for their application with greater ease.
Key Market Players in the Gas Struts Market
o ACE Controls Inc.
o Ameritool Manufacturing Inc.
o Camloc Motion Control Limited
o Dictator Technik GmbH
o Barnes Group Ltd.
o ChangZhou LongXiang Gas Spring Co. Ltd.
o Other Key Players
Report Features |
Description |
Market Size 2023 |
USD 2.9 Billion |
Market Size 2033 |
USD 4.9 Billion |
Compound Annual Growth Rate (CAGR) |
5.4% (2023-2033) |
Base Year |
2023 |
Market Forecast Period |
2024-2033 |
Historical Data |
2019-2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
By Type, Application, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The U.S., Canada, Germany, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
ACE Controls Inc., Ameritool Manufacturing Inc., Gemini Gas Springs Inc., Bansbach Easylift GmbH, AVM INDUSTRIES, Camloc Motion Control Limited, Aritech Gas Spring, Dictator Technik GmbH, Barnes Group Ltd., ChangZhou LongXiang Gas Spring Co. Ltd., Other Key Players |
Key Market Opportunities |
Increasing Demand Across Industries |
Key Market Dynamics |
Increasing Demand in the Automotive Industry |
Frequently Asked Questions
1. What would be the forecast period in the Gas Struts Market?
Answer: The forecast period in the Gas Struts Market report is 2024-2033.
2. How much is the Gas Struts Market in 2023?
Answer: The Gas Struts Market size was valued at USD 2.9 Billion in 2023.
3. Who are the key players in the Gas Struts Market?
Answer: ACE Controls Inc., Ameritool Manufacturing Inc., Gemini Gas Springs Inc., Bansbach Easylift GmbH, AVM INDUSTRIES, Camloc Motion Control Limited, Aritech Gas Spring, Dictator Technik GmbH, Barnes Group Ltd., ChangZhou LongXiang Gas Spring Co. Ltd., Other Key Players
4. What is the growth rate of the Gas Struts Market?
Answer: Gas Struts Market is growing at a CAGR of 5.4% during the forecast period, from 2023 to 2033.