Nitrogen Gas Springs – Top Key Players
Nitrogen gas spring is a type of spring comprising a precision rod/shaft attached to a piston moving within a sealed cylinder, in which nitrogen gas is filled at high pressure. The gas pressure acts on the piston inside the cylinder and provides resistant force.
However, vast amount of energy is discharged if not used efficiently which could restrain market growth. There is approx. 300 bar pressure inside a nitrogen gas spring system. Misusing or mishandling of nitrogen gas springs can lead to potentially dangerous bursts that can cause the rod to eject up to 1,500 feet, reaching more than 200 miles per hour and cause serious injuries.
Standard of living and growing aging population is on the rise. The global geriatric populace is increasing at a relatively rapid pace, and demand for movement supported/assisted and automated systems in vehicles and other aspects of daily life such as for automatic opening and closing cabinets, doors, positioning beds, recliners, seats etc. is expected to increase, in turn boosting growth of the global nitrogen gas springs market to a significant extent in future.
In addition, motor vehicle production, demand, and technological advancements have been witnessing steady and rapid growth over the past few years, which is anticipated to drive demand for nitrogen gas springs to a significant extent in future. Moreover, nitrogen is abundantly available, low cost, and exhibits various usable properties for use in gas springs, which cannot ideally be realized when using other types and materials for this application. These are other factors expected to fuel the global market growth over forecast period.
Key players in the global hydraulic components market include MISUMI Group, Inc., Barnes Group Inc. (Hyson & Kaller), DADCO, Inc., Fibro Gmbh., Mollificio Bordignon srl, Pascal Corporation, Xinda Precision Machinery Manufacturing Co., Ltd., Quiri Hydromecanique, AZOL-GAS