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A gas spring is a type of spring that, unlike a typical metal spring, uses a compressed gas, contained in a cylinder and compressed by a piston, to exert a force. A gas spring in compression is similar to a coil spring but normally much flatter. Compression gas springs have the rod out and the load from the application forces the rod in. Typically mounted so they are rod down in the position in which they spend the most time.
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Gas spring industry is a large market; the total revenue of the manufacturing enterprises in this industry is about 2027 Million USD in 2016. Asia-Pacific occupied 37.2% of the sales market in 2016. It is followed by Europe and North America, which respectively have around 26.09% and 24.94% of the global total industry. Other countries have a small amount of production. Gas spring is mainly in the field such as automotive, furniture and industrial, which respectively have around 30.52%, 25.33% and 15.98%of the global total industry.
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For industry structure analysis, the Gas spring machine industry is not 52concentration. Stabilus is the market leader and occupied about 28.76% of the whole market in 2016.
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For QYResearch forecast, the global gas spring machine revenue would keep increasing with annual growth rate with 2~6%. QYR tend to believe that this industry still has a bright future, considering the current demand of gas spring machine. As for product prices, the slow downward trend in recent years will continue in the next few years, as competition intensifies. Similarly, there will be fluctuations in gross margin.
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