Global Gas Spring Market Is Expected To Be Valued At Us$ 4,191.6 Million With A Cagr Of 5.6% Over The Forecast Period
The lift gas spring segment dominated the gas spring market in 2017 and is expected to continue to do so during the forecast period. Lift gas springs are non-lockable energy storage elements with hydro-pneumatic rams that can be charged with inert gases such as nitrogen under pressure. The high-pressure nitrogen gas exerts equal pressure on surfaces with different cross-sectional piston areas, resulting in a force in the direction of travel. The generated force is proportional to the piston rod diameter and charging pressure. The lift gas spring makes opening and lifting operations a breeze, reducing the object's actual weight to zero or negligible.
Global Gas Spring Market generated revenue of us$ 2,487.4 million in 2017. By 2027, the gas spring market is expected to be valued at US$ 4,191.6 million with a CAGR of 5.6% over the forecast period.
Stabilus, HAHN Gasfedern GmbH, ACE Controls Inc. (Stabilus GmbH), Suspa GmbH, LANTAN gas spring Co., Ltd., WAN DER FUL CO., LTD., BANSBACH EASYLIFT, DICTATOR Technik GmbH, Changzhou JuTeng Gas Spring Co., Ltd., VAPSINT s.r.l., Shunde Huayang Gas Spring Co., Ltd., AVM INDUSTRIES (Beijer Alma).
Gas springs are made with the most cutting-edge technology. PED 97/23 EG, the Pressure Equipment Directive, is used as a guideline and is taken into account. Gas springs come with a standard worldwide warranty of 2,000,000 strokes up to a stroke of 50 mm and a maximum service life of 10 years, as required by law.
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