Press release
Aerospace & Defense Metal Bellows Market is Forecasted to Reach US$ 308.8 million in 2028, Says Stratview Research
The global aerospace & defense metal bellows market is projected to witness a growth rate of 7.6% annually from 2023 to 2028, with an anticipated size of US$ 308.8 million by 2028, according to an analysis by Stratview Research.Stratview Research, a global market research firm has launched a report on the global aerospace & defense metal bellows market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
Click here to get a free sample of the report:
https://www.stratviewresearch.com/Request-Sample/3751/aerospace-&-defense-metal-bellows-market.html#form
Report Highlights:
Market Size in 2028: US$ 308.8 million
Growth (CAGR): 7.6% during 2023-2028
Forecast Period: 2023-2028
Trend Period: 2017-2021
Base Year: 2022
Number of Segments Covered: 6
Number of Tables & Graphs: 100+
Segment Insights on the Aerospace & Defense Metal Bellows Market:
The global aerospace & defense metal bellows market is segmented based on product type, material type, joint type, platform type, application type, and region.
Based on product type - The aerospace & defense metal bellows market is segmented into edge-welded bellows, mechanically formed bellows, and others. Edge-welded bellows are expected to remain the largest and fastest-growing product type in the market during the forecast period. Edge-welded bellows offer a wide range of operating temperatures, superior stroke capabilities, and more precise spring rates, making them suitable for a variety of applications where performance is critical.
Based on the material type - The market is segmented into titanium alloys, stainless steel alloys, nickel alloys, and others. Titanium alloy-based metal below is expected to remain the dominant as well as the fastest-growing material type in the market during the forecast period. Titanium alloy bellows provide many advantages, such as extremely lightweight construction, high strength, excellent price-performance ratio, and high corrosive fluid resistance.
Also, the rising demand for lightweight construction, high-strength material, and good media compatibility drives the demand for titanium in the A&D industry. It is estimated that there would be a further increase in the penetration of titanium in the crucial sections (including metal bellows) of the latest aircraft programs.
Based on the application type - The market is segmented into airframes, engines, and others. The airframe is estimated to remain the most dominant application in the coming years. The engine also accounts for a reasonable share of the market.
Key application areas of the engine are bleeding air ducts, drain systems, firewall seals, nacelle seals, and duct seals. Major material types used in engine applications are high-temperature titanium alloys, CRES, and nickel alloys.
To know the most attractive segments, visit:
https://www.stratviewresearch.com/3751/aerospace-&-defense-metal-bellows-market.html
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that North America is expected to remain the largest market for aerospace & defense metal bellows during the forecast period. This growth outlook is majorly attributed to the following-
- This region has a presence of a large number of major OEMs and aerospace giants, such as Boeing, which make the region a growth engine of the aerospace industry.
- Most of the aerospace & defense metal bellows suppliers have their presence in the region.
- Asia-Pacific, a relatively small market, is likely to heal up at the fastest pace in the post-pandemic market scenario.
- The region's market will be driven by a host of factors including an expected increase in the demand for commercial aircraft to support rising passenger traffic, the opening of assembly plants of Boeing and Airbus in China for B737, A320, A330, and A350 aircraft programs; upcoming indigenous commercial and regional aircraft (COMAC C919); rising aircraft fleet size; and increasing military expenditure by key countries such as China and India.
Aerospace & Defense Metal Bellows Market Drivers:
Some of the key drivers listed in the report are given below.
- Rise in the use of metal bellows for various applications in the aerospace industry.
- Increasing preference for metal bellows for high-temperature applications.
- Huge order backlogs of commercial aircraft, and expected rise in the production rate of the key aircraft programs.
Top Companies in the Aerospace & Defense Metal Bellows Market:
Stratview Research has identified the following companies as the top market players (Based on Dominance).
• AMETEK, Inc. (FMH Aerospace Corp.)
• EagleBurgmann Germany GmbH & Co. KG
• Eaton Corporation Plc
• Enpro Industries
• Meggitt PLC
• MW Industries
• Senior plc
• Smiths Group plc
• U.S. Bellows, Inc.
• Unison Industries, LLC
What Unique Insights Does this Report Offer?
This report provides comprehensive insights into the Aerospace & Defense Metal Bellows Market, answering critical questions like:
• How big is the sales opportunity?
• Which regions offer the best sales opportunities?
• Which are the most attractive market segments?
• Which are the top players and their market positioning?
• How complex is the business environment?
• What are the factors affecting the market?
For Customization or Any Other Queries, Get in Touch with Our Industry Experts at - sales@stratviewresearch.com
Related Reports:
• Metal Bellows Market: https://www.stratviewresearch.com/822/metal-bellows-market.html
• Aerospace Nickel Alloys Market: https://www.stratviewresearch.com/3947/aerospace-nickel-alloys-market.html
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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
Stratview Research has been helping companies meet their global and regional growth objectives by offering customized research services. These include market assessment, due diligence, opportunity screening, voice of customer analysis, market entry strategies, and more.
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