Press Release

Welded Metal Bellows Market to Reach USD 354.3 Million by 2027; Increasing Adoption for Aerospace Industry to Bolster Growth

Key Players in Welded Metal Bellows Market are KSM CO. LTD., BOA Group, TECHNETICS GROUP, AESSEAL, Metal-Flex Welded Bellows Inc., Duraflex Inc., Mirapro Co. Ltd., Flex–A-Seal, Weldmac Manufacturing Co., Eagle Industry Co., Ltd., Hyspan Precision Products, Inc.

The global welded metal bellows market size stood at USD 239.8 Million in 2019 and is estimated to reach USD 354.3 Million by 2027, exhibiting a CAGR of 5.1% during the forecast period between 2020-2027.

Before 2020, the welded metal bellows market was growing significantly owing to its increasing adoption in critical applications. The widespread impact of the Covid-19 pandemic has resulted in the decline of the market growth opportunities, sales and revenue owing to the lockdown announced by several government agencies. Moreover, the impact on manufacturing industry has been relatively limited. Briefly, the influence primarily lies in supply chain obstruction and difficulty in improving production owing to the lack of traffic restrictions and personnel mobility. The enormity of these disruptions increases as the time to recovery extends. Thereby, the market is expected to grow gradually in the coming years and recover momentarily over the forecast period.

The report provides a 360-degree overview of the market, listing various factors restricting, propelling, and obstructing the market in the forecast duration. The report also provides additional information such as interesting insights, key industry developments, detailed segmentation of the market, list of prominent players operating in the market, and other Welded Metal Bellows Market Market trends. The report is available for sale on the company website.

To get the short-term and long-term impact of COVID-19 on this Market, Visit:https://www.fortunebusinessinsights.com/enquiry/covid19-impact/welded-metal-bellows-market-103019

The emergence of COVID-19 has brought the world to a standstill. We understand that this health crisis has brought an unprecedented impact on businesses across industries. However, this too shall pass. Rising support from governments and several companies can help in the fight against this highly contagious disease. There are some industries that are struggling and some are thriving. Overall, almost every sector is anticipated to be impacted by the pandemic. We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

A welded metal bellows is a type of dynamic seal that is capable of providing a great range of motion along with possessing zero leakage capability. They are manufactured from sheet stock and consist of high nickel alloys, stainless steel, titanium, and other types of alloys to suit the particular application requirement from several industries. Bellows are further used extensively and consist of two flat boards that can either be a circular of pear-shaped, which is hinged across one end and connected around the edges to form an airtight joint.

The market segments are stainless steel, high nickel alloys, and others (copper bellows, etc.). Among these, stainless steel welded bellows remain dominant and are anticipated to observe a significant growth in the coming period. Moreover, the welded stainless steel bellows are the common and easily available metal bellows ideal to withstand very low temperatures. These bellows provide a high degree of flexibility and pressure resistance capabilities owing to its excellent tensile strength viable to maximize stroke and minimize package size. The major applications wherein these bellows are deployed include electrical interrupters, power transmission systems, and industrial controls. Therefore, considering all its features, the adoption of such bellows will increase, which in turn will expect to boost the market over the forecast period.

Furthermore, Nickel welded bellows refer to the bellows which are ideally suited for high temperature owing to its properties of hard material with excellent corrosion resistance. This type of metal bellows is extensively used in aerospace applications. Therefore, the growth of high nickel alloys is expected to grow gradually over the forecast period.

Regional Analysis for Welded Metal Bellows Market Market:

  • North America (the USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of the Middle East & Africa)

Major Table of Contents for Welded Metal Bellows Market Market:

  1. Introduction
  2. Executive Summary
  3. Market Dynamics
  4. Key Welded Metal Bellows Market Market Insights
  5. Global Market Analysis, Insights and Forecast, 2015-2027
  6. North America Market Analysis, Insights and Forecast, 2015-2027
  7. Europe Market Analysis, Insights and Forecast, 2015-2027
  8. Asia Pacific Market Analysis, Insights and Forecast, 2015-2027
  9. The Middle East and Africa Market Analysis, Insights and Forecast, 2015-2027
  10. Latin America Market Analysis, Insights and Forecast, 2015-2027
  11. Competitive Landscape
  12. Global Welded Metal Bellows Market Market Revenue Share Analysis, By Key Players, 2020
  13. Company Profiles

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