Market Size in 2024 | Market Forecast in 2034 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1,578.49 Million | USD 2,377.30 Million | 4.18% | 2024 |
FrequentlyAsked Questions
Automotive gas springs are critical components of the automotive industry used for the smooth functioning of certain automobile parts.
The global automotive gas springs market is expected to be driven by the rising sales of passenger cars.
According to study, 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.
The CAGR value of the automotive gas springs market is expected to be around 4.18% during 2025-2034.
The global automotive gas springs market is expected to be led by Asia-Pacific during the forecast period.
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), and Vapsint S.r.l.
The report explores crucial aspects of the automotive gas springs market, including a detailed discussion of existing growth factors and restraints, while browsing future growth opportunities and challenges that impact the market.
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