Metal Bellows Market Trend 2020, Growth, Leading Companies with Impact of Covid-19, Business Scenario, Emerging Dynamics, Industry Share and Revenue Forecast by 2030

Metal bellows are flexible elements used in various industrial applications where compression is expected when the pressure is applied from the other side of any elastic vessel.

Metal bellows are designed in a way that they compress or expand on the application of pressure, and come back to their original share once the pressure is removed.

As they are most commonly used as a part of piping applications, their convolution geometry and thickness is designed according to the temperature and pressure range as well as pipe capacity.

In cases where pipes expand due to increase in temperatures, metal bellows act as a resistance by limiting the compression by force.Metal bellows are commonly used in various industries such as manufacturing, water treatment, mining, automotive, power generation, and wind energy generation.

Though the global metal bellows market is characterised with stringent governmental regulations, end user preference for metal bellows over its other alternatives is expected to boost the profitability of manufacturers across various regions.

Demand for Metal Bellows in Aerospace & Defense Industry to Grow Strong

The adoption of metal bellows in a wide range of end-use industries such as automotive, semiconductor, oil & gas, and pharmaceuticals is significantly high, which is mainly driving the metal bellows market.

However, the demand is relatively higher in the aerospace & defense industry, and this is mainly influencing the growth prospects of the global metal bellows market.

In the past two years, the aerospace & defense industry witnessed a major downfall in the commercial aircraft manufacturing and deliveries, which is mainly attributed to the worldwide outbreak of the novel coronavirus. However, the demand for metal bellows in the industry remained fundamentally strong as leading players in the aerospace industry.

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Global leaders such as Airbus and Boeing, are known to be holding a significantly large backlog of orders, and this is currently holding up the production activities for these players.

In addition, the industry is witnessing a growing number of new original equipment manufacturers (OEMs) entering the landscape, along with the rising development of fuel-efficient alternatives for conventional elements of commercial aerospace products.

This indicates that the adoption of metal bellows in the global aerospace & defense industry will further bolster the growth of the global metal bellows market in the coming years.

Metal Bellows Market: Competitive Landscape

Some of the leading stakeholders in the global metal bellows market include

  • Servometer
  • EnPro Industries Inc.
  • EagleBurgmann KE
  • Meggitt PLC
  • U.S. Bellows Inc.
  • KSM Corporation
  • Technoflex Corporation
  • BOA Holding GmbH
  • Freudenberg Group
  • MW Industries

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