Automotive Gas Springs Market Size, Share, Trends, Growth 2034

Automotive Gas Springs Industry Prospective:

The global automotive gas springs market size was worth around USD 1,578.49 million in 2024 and is predicted to grow to around USD 2,377.30 million by 2034, with a compound annual growth rate (CAGR) of roughly 4.18% between 2025 and 2034.

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Automotive Gas Springs Market: Overview

Automotive gas springs are critical components of the automotive industry used for the smooth functioning of certain automobile parts. Automotive gas springs use pressurized gases such as nitrogen to promote controlled movement of automotive parts such as hoods, doors, seats, and tailgates, among other components.

Automotive gas springs have two main parts: a piston rod and a stainless steel container equipped with pressurized gas. The whole structure supports the rod when extended and pressure is released from the container, allowing vertical movement. The demand for automotive gas springs is growing steadily. The exponential growth in the automotive industry is one of the key market growth propellers.

Additionally, introducing next-generation vehicles such as electric variants and self-driving cars is expected to generate more growth opportunities for the automotive gas springs industry players.

However, the constant repair work required to keep automotive gas springs functional will affect the overall market revenue in the coming years. Moreover, the technology is facing replacement concerns with the launch of new and more effective alternatives.

Key Insights:

• As per the analysis shared by our research analyst, the global automotive gas springs market is estimated to grow annually at a CAGR of around 4.18% over the forecast period (2025-2034)
• In terms of revenue, the global automotive gas springs market size was valued at around USD 1,578.49 million in 2024 and is projected to reach USD 2,377.30 million by 2034.
• The automotive gas springs market is projected to grow at a significant rate due to the rising sales of passenger cars.
• Based on the application, the tailgates & rear hatches segment is growing at a high rate and will continue to dominate the global market as per industry projections.
• Based on the material, the steel gas springs segment is anticipated to command the largest market share.
• Based on region, Asia-Pacific is projected to dominate the global market during the forecast period.

Automotive Gas Springs Market: Growth Drivers

Rising sales of passenger cars to propel market expansion in the coming years

The global automotive gas springs market is expected to be driven by the rising sales of passenger cars. The global economy is witnessing a sharp change in consumer lifestyle. More people, including buyers in emerging economies, are willing to spend on personal comfort, such as owning a vehicle.

According to official reports, more than 90% of US households own at least one passenger car. On the other hand, emerging economies such as India and African nations have also registered record sales in the last few years.

In Africa, around 1 million cars were sold in 2024, according to official statistics. Automotive makers are investing in innovation to develop affordable vehicles to reach the masses.

As per future forecasts, around 14 new vehicles below INR 10 lakh are expected to be launched in the Indian market in 2024. As the number of vehicle owners grows, the industry for automotive gas springs can expect renewed revenue.

Surge in used cars market growth rate to propel industry demand during the projection period

The used cars market has witnessed steady growth in the last 5 years. One of the major factors influencing growth in the used cars segment is the ongoing consolidation of the market. Regional governments have played a critical role in organizing the otherwise unorganized sector, allowing more consumers to show trust in used cars.

Moreover, the introduction of authorized digital applications for trading used cars has further helped the industry thrive recently. According to industry research, India’s used car market was valued at over USD 32 billion in 2024 and is expected to grow at a faster CAGR during the projection period.

In February 2025, Spain-based Dealcar, a software-as-a-service (SaaS) provider dealing with trading activities specific to automotive, announced that it had received seed funding of EUR 3 million as the company plans to deploy Dealcar Pay in the coming years. The global automotive gas springs market is expected to benefit from such advancements in the future.

Automotive Gas Springs Market: Restraints

Cost related to the regular maintenance of springs to impact the final revenue

The global automotive gas springs industry is projected to be restricted due to the high cost of regular equipment maintenance. Automotive springs, because of frequent use, are subject to regular wear and tear.

The average cost of repairing gas springs can range between USD 50 and USD 150, depending on the model of the vehicle and the gas spring type. Moreover, the high cost of advanced gas springs can further limit the overall expansion of the market players.

Automotive Gas Springs Market: Opportunities

Introduction of new gas springs in the market to generate growth opportunities

The global automotive gas springs market is projected to generate growth opportunities due to the rising introduction of new models in the market.

For instance, in November 2024, Fibro, one of the world’s leading suppliers of tool-making and novel solutions for the industry, announced the launch of a new range of gas springs. The new product line is 100% compliant with standard efficiency, safety, and quality parameters.

Some of the changes in modern automotive gas springs include improved safety features and higher load capacity. Some of the other advancements in the industry include the use of corrosion-resistant alloys and carbon fiber-reinforced materials to improve the overall performance of gas springs and make them functional in extreme conditions as well.

Furthermore, next-generation automotive gas springs equipped with advanced sensors and settings for Internet-of-Things (IoT) connectivity will further help the industry players thrive in the long term.

Launch of electric vehicles (EVs) and self-driving cars to open more doors for higher growth

The increasing introduction of EVs and next-generation vehicles in the automotive industry is expected to deliver new avenues for further growth of automotive gas spring providers.

The equipment is primarily used in trunks, tailgates, and hoods of EVs, especially in affordable electric vehicles. As EV manufacturers seek ways to reduce production costs, they may be more inclined toward using gas springs designed for automotives.

Automotive Gas Springs Market: Challenges

Introduction of advanced substitutes to challenge market expansion

The global automotive gas springs industry is projected to be challenged by the introduction of advanced substitutes. One of the prominent alternatives to gas springs is in the form of electric actuators used primarily in luxury vehicles and certain EVs. Furthermore, mechanical springs continue to enjoy popularity among several vehicle producers, further fragmenting the industry.

Automotive Gas Springs Market: Report Scope

Automotive Gas Springs Market: Segmentation

The global automotive gas springs market is segmented based on application, tension, material, and region.

Based on the application, the global market segments are tailgates & rear hatches, hood & trunk lid systems, and doors. In 2024, the highest revenue was generated in the tailgates & rear hatches segment. Due to the heavy weight of rear hatches and tailgates, they typically require additional force to lift and hold. The surge in the sale of sports utility vehicles and hatchbacks is propelling the segmental demand rate, according to research. The global SUV market is expected to grow at a CAGR of nearly 11% during the forecast period.

Based on type, the global automotive gas springs industry is divided into tension gas springs, lockable gas springs, and compression gas springs.

Based on the material, the global market segments are stainless steel gas springs and steel gas springs. The industry generated the highest revenue in the steel gas springs segment since the material is readily available at cost-effective prices. Stainless steel gas springs are more expensive and hence have higher usage in high-end cars. Automotive gas springs can last up to 5 years if used under correct conditions and maintained well over the years.

Automotive Gas Springs Market: Regional Analysis

Asia-Pacific to lead the market growth rate during the projection period

The global automotive gas springs market is expected to be led by Asia-Pacific during the forecast period. Japan, China, India, and South Korea will emerge as the leading regional market revenue generators. China is, at present, one of the world’s largest automobile makers, dominating not only in Asia-Pacific but across other regions as well.

In March 2025, official reports emerged suggesting that Chinese automotive manufacturer BYD is working on constructing one of the world’s largest industrial facilities. The current unit already extends up to 4 phases, and an additional 50 square miles will be added to the facility in the coming years. According to reports, upon completion, the new manufacturing site will be larger than the city of San Francisco in the USA.

Furthermore, China has already ramped up its investment in EV production as global demand continues to soar. India, Japan, and South Korea are projected to further aid growth in Asia-Pacific. Regional government support and consumer preferences will be pivotal to the final revenue generated by Asia-Pacific in the coming years.

Automotive Gas Springs Market: Competitive Analysis

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.

The global automotive gas springs market is segmented as follows:

By Application

• Tailgates & Rear Hatches
• Hood & Trunk Lid Systems
• Doors

By Type

• Tension Gas Springs
• Lockable Gas Springs
• Compression Gas Springs

By Material

• Stainless Steel Gas Springs
• Steel Gas Springs

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa