Stratview Research in its recent report has offered an overlook of the current Metal Bellows Market scenarios and has also estimated the market size to reach US$ 1.04 billion by 2025. The insights highlighted in the report are based on data that is carefully collected from reliable sources and is then scrutinized to have a proper analysis.
Not only the report offers the market size but also details about the market segmentation with its share. Stratview Research also extends its research to offer a forecast of the market during the period, to provide the clients with base knowledge of the market and make strategies to have beneficial results ahead.

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Metal bellows are a type of flexible seals used in pipe joints. They help in mitigating movement caused by thermal fluctuation, equipment movement, and vibration or pressure pulsation by converting movements into linear or rotational motion in any piping system. They also reduce the chances of leakage of any fluid or pressure in pipe joints. The performance of bellows depends on several factors including the type of raw material used and its properties, design factor, manufacturing process, etc. Metal bellows are used in a diverse range of applications ranging from the aerospace & defense to pharmaceutical, industrial automation, semiconductor manufacturing, solar power generation, water & wastewater treatment plant, and oil & gas industries.
The year 2019 was very challenging, especially for the automotive and aerospace industries, owing to the huge decline in the automotive and commercial aircraft production. For instance; the grounding of B737 Max, P&W 1100G engine series failure (A320neo), delayed market entry of key aircraft programs such as B777X, revised production rates of key aircraft programs, such as B787 in the wake of the cancellation of orders from China and other parts of the world are some of the burning challenges, negatively impacting the entire supply chain including the demand for metal bellows in the aerospace industry.

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The metal bellows market is segmented based on the material type as titanium alloys, stainless steel alloys, nickel alloys, and others. Titanium alloys are likely to remain the most dominant material type and are likely to witness the highest growth over the next five years. Growing composites content in the aerospace industry coupled with excellent compatibility of titanium with composites, increasing penetration of lightweight materials, growing usage of titanium alloys in the high-end cars to reduce weight and to gain high strength, and desirable properties of titanium concerning corrosion and thermal expansion are some of the factors behind the superior growth of titanium alloys in the market.
Based on the product type, the market is segmented as edge-welded bellows, mechanically formed bellows, electroformed bellows, and others. Edge-welded bellow is likely to remain the most dominant product type and is likely to register an excellent CAGR during the forecast period, whereas mechanically formed bellow is likely to remain the second-largest product type over the same period. Edge-welded bellows are preferred for extreme temperature applications and corrosive environments, such as aircraft engines, semiconductor manufacturing equipment, oil & gas instruments, and medical device.
Based on the end-use industry, the market is segmented as aerospace & defense, automotive, oil & gas, semiconductor, pharmaceutical, and others. Aerospace & defense is likely to remain the most dominant segment over the next five years. The year 2020 seems to be tough, owing to a host of factors such as the grounding of the B737max, the impact of the coronavirus outbreak forcing airlines to halt their operations globally, airframers to halt the aircraft production in China, the USA, and Europe for an undetermined time.
In terms of region, Asia-Pacific is projected to remain the largest and fastest-growing market for metal bellows during the forecast period. The short-term market demand is challenging in the Asia-pacific region with China and South Korea being severely impacted by the coronavirus outbreak: Airbus has temporarily closed its A320 and A330 completion centers of Tianjin, China. However, the region’s market is expected to rebound in the coming quarters with reopening of assembly plants by Boeing and Airbus, upcoming oil & gas projects, growing electronics industry, technological innovations in the automotive and mobile industries. North America is projected to remain the second-largest market during the forecast period. The USA is the growth engine of the North American metal bellows market. The country is the hub for the aerospace industry with the presence of several aircraft OEMs, metal bellow suppliers, and raw material suppliers.

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Highlights of the Report:
The recent COVID-19 outbreak is severely affecting the end-use industries of metal bellows such as aerospace and automotive. The rapid spread of the coronavirus pandemic (COVID-19) is projected to continue through the second quarter of 2020 and have a severe impact on these industries. Although the recovery is uncertain and depends on the post-virus economic environment and potential government stimulus, the long-term outlook seems vigorous for the metal bellows market with attractive growth opportunities for the market participants in years to come. The metal bellows market is forecasted to reach an estimated value of US$ 1.04 billion in 2025.
The supply chain of this market comprises raw material suppliers, metal bellow manufacturers, tier players, and end-users. The key players in the market are Senior Plc., Freudenberg Group, EnPro Industries Inc., Witzenmann GmbH, Eaton Corporation Plc, U.S. Bellows, Inc., AESSEAL plc, Smith Group, Meggitt PLC, and MW Industries. Execution of mergers & acquisitions and the formation of collaboration with OEMs for the joint development of metal bellows are some of the strategies adopted by the major players to gain a competitive edge in the market.

Features of the Report
This report offers high-quality insights and is the outcome of detailed research methodology comprising extensive secondary research, rigorous primary interviews with industry stakeholders and validation and triangulation with Stratview Research’s internal database and statistical tools.

The Metal Bellows Market analysis report discusses the following heads in great detail:

• Market structure: Overview, industry life cycle analysis, supply chain analysis
• Market environment analysis: Growth drivers and constraints, Porter’s five forces analysis, SWOT analysis
• Market trend and forecast analysis
• Market segment trend and forecast
• Competitive landscape and dynamics: Market share, product portfolio, product launches, etc.
• Attractive market segments and associated growth opportunities
• Emerging trends
• Strategic growth opportunities for the existing and new players
• Key success factors