Global Metal Bellows Market By Type (Brass, Bronze, and Stainless Steel), By Application (Industrial, and Aerospace), By Region and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2019–2028

Market.us announces publication of its most recently generated research report titled, “Global Metal Bellows Market by Product Type (Non-Ferrous-Brass, Non-Ferrous-Beryllium bronze, Stainless steel, Other Product Types), By Application (Automotive, Non-Automotive), and by Region – Global Forecast to 2029.”, which offers a holistic view of the global metal bellows market through systematic segmentation that covers every aspect of the target market.

The global Metal Bellows market is projected to be US$ 1,034.8 Mn in 2019 to reach US$ 1,547.8 Mn by 2029 at a CAGR of 4.1%.

Metal bellows are resourceful, and a crucial enabling technology for a broad spectrum of engineering uses. They play a vital role in controlling pressure, vacuum, and motion. Various industry segments use metal bellows in a wide range of machine components and assemblies. Being precision-engineered spring-like and flexible components, they are typically custom-made, performing a range of engineering tasks. Metal bellows can convert pressure, mechanical, and temperature changes to rotational or linear motion. Although a bellow is only a minor part within the complete machine assembly, the part it plays is a crucial one in the functionality of the arrangement. While gracefully addressing several engineering encounters, metal bellows have a broad spectrum of applications. These include power generation, engine exhaust systems, marine, rail traction, oil and gas, district heating, water treatment, and wastewater and automotive applications. As part of a greater machine assembly or component, bellows generate a specifically defined dynamic response.

Increased disposable income is directly fueling the demand for a better lifestyle. This increases the demand in the automotive and non-automotive sector equally which will be a key driver in the metal bellows market.

Global Metal Bellows Market Revenue (US$ Mn), 2019–2029

However, some of the metals used, making bellows have limited suitability with some acids, causing hostile reactions to the fluid as well as the metal. The usage of steel to manufacture metal bellows is also a significant restraint to the metal bellows market due to the ability of steel to sustain low pressure. Nonetheless, the customer preferences for metal bellows is continuously changing across the world, and due to which, metal bellows producers are aiming at producing/manufacturing metal bellows with new designs according to the customer’s demand.

Global Metal Bellows market is segmented on the basis of product type, application and region. On the basis of product type, the market is segmented into Non-Ferrous-Brass, Non-Ferrous-Beryllium Bronze, Stainless steel, Other Product Types. The Stainless steel segment accounts for the majority share and is expected to register highest growth over forecast period. On the basis of Application, the market is segmented into Automotive, Non-Automotive. The Automotive segment accounts for a majority share in the global metal bellows market.

Global Metal Bellows Market by Formulation, 2019

On the basis of region, the market is segmented into USA, Europe, China, India, Japan, SEA, and ROW. China accounts for the majority share in the global Metal Bellows market owing to governments are encouraging the installation of metal bellows to create a safe environment. China is followed by Europe owing to increased disposable income. Regions such as USA, India, Japan, SEA, and ROW are expected to register stable growth over the forecast period.

The research report on the global Metal Bellows market includes profiles of some of major companies such as Witzenmann GmbH, Senior PLC, GEA Group, Penflex Corp., BOA Holding GmbH, EagleBurgmann Germany GmbH & Company KG, Hyspan Precision Products Inc, Weldmac Manufacturing Company, Triad Bellows Design & Manufacturing Inc, Technoflex Corporation, KSM Component Co. Ltd., Duraflex Inc., Microflex Inc, US Bellows Inc.

Key Market Segments:

Type

• Non-Ferrous-Brass
• Non-Ferrous-Beryllium Bronze
• Stainless steel

Application

• Automotive
• Non-Automotive

Key Market Players included in the report:

• Witzenmann GmbH
• Senior PLC
• GEA Group
• Penflex Corp.
• BOA Holding GmbH
• EagleBurgmann Germany GmbH & Company KG
• Hyspan Precision Products Inc
• Weldmac Manufacturing Company
• Triad Bellows Design & Manufacturing Inc
• Technoflex Corporation
• KSM Component Co. Ltd.
• Duraflex Inc.
• Microflex Inc
• US Bellows Inc

For the Metal Bellows Market research study, the following years have been considered to estimate the market size: