Market Overview:
The global locking gas springs market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for locking gas springs in automotive, furniture, industrial, aerospace, medical and other applications. Steel is the most commonly used material for manufacturing locking gas springs and it is expected to dominate the market during the forecast period. However, stainless steel is gaining popularity due to its corrosion resistance properties and it is expected to grow at a higher CAGR than steel during the forecast period.
Product Definition:
A locking gas spring is a type of gas spring that has a locking feature. This feature allows the user to lock the gas spring in place, which prevents it from extending or retracting. Locking gas springs are often used in applications where the movement of the object needs to be controlled or restricted.
Steel:
Steel is a hard, malleable, and strong metal that is alloyed with various other metals to improve its properties. It has high tensile strength but low elasticity. The steel grade used in the manufacturing of gas springs depends on the end-use application. There are different types of steel such as carbon steel, low carbon mild steel &high carbon chromium (CC) Steel among others which have different properties for use in gas spring manufacturing depending upon their grades.
Stainless Steel:
Stainless steel is a type of metal that has high corrosion resistance and strong magnetic properties. It is used in various industries including automotive, construction, consumer goods, medical devices and appliances among others. The demand for stainless steel depends on the end-use industry as there are various grades available depending upon the application.
Application Insights:
The automotive segment accounted for the largest share of over 30.0% in 2017 and is projected to witness significant growth during the forecast period. The product has a wide application scope in automobiles, including power steering, airbags, anti-lock brake (ABS), electronic stability control (ESC) and traction control systems among others. Increasing safety concerns among consumers are propelling demand for latching gas springs in automobiles which will drive market growth over the coming years.
The furniture segment was valued at USD 527 million in 2017 owing to increasing utilization of latching gas springs with inflatable tires on chairs and sofas that can be inflated or deflated as per requirement by consumers across the globe. Rising preference for electric beds due to their ease of use along with high durability is expected to boost industry expansion over the coming years as well.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The presence of keylock gas spring manufacturers such as Sifang (China) Ltd., Koyo Corporation, and IHI Corporation has resulted in China being a major player in this industry. In addition, rising demand for energy-efficient products along with growing automotive production mainly due to low labor costs is anticipated to drive regional growth over the next eight years.
Europe was estimated at USD X million in 2017 owing to high product demand from Germany, France, Italy, UK among other countries owing to their increased application scope especially from industrial sector including aerospace and manufacturing sector for furniture & beds.
Growth Factors:
- Increasing demand for locking gas springs in automotive industry for safety and convenience features.
- Growing demand for locking gas springs in furniture and appliances industry for height adjustment and movement control purposes.
- Rising popularity of locking gas springs in construction industry as a means to improve safety during window or door installation or while working at height.
- Development of new applications for locking gas springs in medical, aerospace, and defense industries will create new growth opportunities over the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Locking Gas Springs Market Research Report
By Type
Steel, Stainless Steel
By Application
Automotive, Furniture, Industrial, Aerospace, Medical, Others
By Companies
Stabilus, Bansbach, Suspa, WDF, HAHN, Barnes, Dictator, Changzhou Loyee, Shanghai Zhenfei, LiGu, AVM, Yili, IGS, Gaysan, Ameritool, Camloc, Gemini, JuTeng
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
239
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Locking Gas Springs Market Report Segments:
The global Locking Gas Springs market is segmented on the basis of:
Types
Steel, Stainless Steel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Furniture, Industrial, Aerospace, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Stabilus
- Bansbach
- Suspa
- WDF
- HAHN
- Barnes
- Dictator
- Changzhou Loyee
- Shanghai Zhenfei
- LiGu
- AVM
- Yili
- IGS
- Gaysan
- Ameritool
- Camloc
- Gemini
- JuTeng
Highlights of The Locking Gas Springs Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel
- Stainless Steel
- By Application:
- Automotive
- Furniture
- Industrial
- Aerospace
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Locking Gas Springs Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Locking gas springs are a type of gas spring that can be locked in place by a locking device. This prevents the spring from accidentally moving and potentially causing injury.
Some of the major players in the locking gas springs market are Stabilus, Bansbach, Suspa, WDF, HAHN, Barnes, Dictator, Changzhou Loyee, Shanghai Zhenfei, LiGu, AVM, Yili, IGS, Gaysan, Ameritool, Camloc, Gemini, JuTeng.
The locking gas springs market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Locking Gas Springs Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Locking Gas Springs Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Locking Gas Springs Market - Supply Chain
4.5. Global Locking Gas Springs Market Forecast
4.5.1. Locking Gas Springs Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Locking Gas Springs Market Size (000 Units) and Y-o-Y Growth
4.5.3. Locking Gas Springs Market Absolute $ Opportunity
5. Global Locking Gas Springs Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Locking Gas Springs Market Size and Volume Forecast by Type
5.3.1. Steel
5.3.2. Stainless Steel
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Locking Gas Springs Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Locking Gas Springs Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Furniture
6.3.3. Industrial
6.3.4. Aerospace
6.3.5. Medical
6.3.6. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Locking Gas Springs Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Locking Gas Springs Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Locking Gas Springs Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Locking Gas Springs Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Locking Gas Springs Demand Share Forecast, 2019-2026
9. North America Locking Gas Springs Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Locking Gas Springs Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Locking Gas Springs Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Furniture
9.4.3. Industrial
9.4.4. Aerospace
9.4.5. Medical
9.4.6. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Locking Gas Springs Market Size and Volume Forecast by Type
9.7.1. Steel
9.7.2. Stainless Steel
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Locking Gas Springs Demand Share Forecast, 2019-2026
10. Latin America Locking Gas Springs Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Locking Gas Springs Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Locking Gas Springs Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Furniture
10.4.3. Industrial
10.4.4. Aerospace
10.4.5. Medical
10.4.6. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Locking Gas Springs Market Size and Volume Forecast by Type
10.7.1. Steel
10.7.2. Stainless Steel
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Locking Gas Springs Demand Share Forecast, 2019-2026
11. Europe Locking Gas Springs Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Locking Gas Springs Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Locking Gas Springs Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Furniture
11.4.3. Industrial
11.4.4. Aerospace
11.4.5. Medical
11.4.6. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Locking Gas Springs Market Size and Volume Forecast by Type
11.7.1. Steel
11.7.2. Stainless Steel
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Locking Gas Springs Demand Share, 2019-2026
12. Asia Pacific Locking Gas Springs Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Locking Gas Springs Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Locking Gas Springs Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Furniture
12.4.3. Industrial
12.4.4. Aerospace
12.4.5. Medical
12.4.6. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Locking Gas Springs Market Size and Volume Forecast by Type
12.7.1. Steel
12.7.2. Stainless Steel
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Locking Gas Springs Demand Share, 2019-2026
13. Middle East & Africa Locking Gas Springs Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Locking Gas Springs Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Locking Gas Springs Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Furniture
13.4.3. Industrial
13.4.4. Aerospace
13.4.5. Medical
13.4.6. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Locking Gas Springs Market Size and Volume Forecast by Type
13.7.1. Steel
13.7.2. Stainless Steel
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Locking Gas Springs Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Locking Gas Springs Market: Market Share Analysis
14.2. Locking Gas Springs Distributors and Customers
14.3. Locking Gas Springs Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stabilus
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Bansbach
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Suspa
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. WDF
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. HAHN
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Barnes
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Dictator
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Changzhou Loyee
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Shanghai Zhenfei
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. LiGu
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. AVM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Yili
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. IGS
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Gaysan
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Ameritool
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Camloc
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. Gemini
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. JuTeng
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
