GAS SPRING MARKET ANALYSIS

Regional Analysis

Global Gas Spring Market: Regional Insights

North America held a dominant position in the global gas spring market in 2022, accounting for 35.7% share in terms of market share, followed by Europe and Asia Pacific region.

Figure 1: Global Gas Spring Market Share (%), By Region, 2022

North America is expected to hold a dominant position in the global gas spring market over the forecast period. There is great demand for renovation and residential projects in North America. The rising disposable income and improved living standards of people are enticing people to renovate their houses or buy new houses. This increases the demand for furniture and gas springs are used in kitchen and home furniture on a large scale. Hence, the demand for gas springs is expected to show significant growth during the forecast period. Europe is one of the leading regions in the global gas spring market and is expected to show positive growth in the near future owing to technological advancements such as dynamic damping that was introduced for automotive applications

• North America: U.S. and Canada
• Latin America: Brazil, Argentina, Mexico, and Rest of Latin America
• Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe
• Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific
• Middle East: GCC Countries, Israel, and Rest of Middle East
• Africa: South Africa, North Africa, and Central Africa