Stratview Research has published a report on the Gas Spring Market Segmented by Type (Lift Gas Spring, Lockable Gas Spring, Swivel Chair Gas Spring, Gas Traction Springs, Gas Spring Damper, and Others), By Application (Aerospace, Automotive, Medical, Industrial, Furniture, and Others), and Region. This market research report provides in-depth information on trends, dynamics, revenue opportunities, competitive landscape, and recent developments in the global gas spring market. The historic years considered for the study are 2016-2019, the base year is 2020, the estimated year is 2021, and the forecast period is 2022-2026.
Market Segments’ Analysis
The market researchers have studied the Gas Spring Market minutely for better understanding. The report consists of segment-wise details to assist the users in making suitable decisions for better growth opportunities. Below is the short piece of information –
Based on application, the gas spring market has been categorized into aerospace, automotive, medical, industrial, furniture, and others. Among these, the automotive segment witnessed the largest market share in 2020. This is mainly attributed to surging demand for gas springs in the automotive and industrial applications to adjust passenger seats and for closing & opening of bonnet and dicky.
The Asia Pacific market held a substantial share which is followed by North America. Both the regional markets are likely to witness robust CAGR in the gas spring market owing to strong automotive and industrial sectors in China, India, Japan, and the US. The Western Europe market is projected to register a healthy CAGR due to robust automotive base and presence of leading automobile manufacturers in Germany and the UK.
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What else are available in this report?
The answer lies in the TOC and other details. Take a sneak-peek into the TOCs of this report.
- Report Scope
- Report Objectives
- Research Methodology
- Market Segmentation
- Secondary Research
- Primary Research
- Breakdown of Primary Interviews by Region, Designation, and Value Chain
- Data Analysis and Triangulation
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