Market Overview:
The global hydroformed metal bellows market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for hydroformed metal bellows in various applications, such as instrumentation industry, aerospace, electronics industry, medical and others. In terms of type, the single wall segment is expected to dominate the global hydroformed metal bellows market during the forecast period. However, multi-wall segment is projected to grow at a higher CAGR than single wall segment during the forecast period.
Product Definition:
Hydroformed metal bellows are a type of metal bellows that are formed using hydroforming. Hydroforming is a process where a sheet of metal is placed into a die and then pressurized with water or another fluid. This causes the metal to expand, which forms it into the desired shape. Hydroformed metal bellows have many advantages over traditional stamped or welded bellows. They are stronger, more durable, and can be made in much smaller sizes than traditional bellows.
Single Wall:
Single wall is a thin metal sheet, which is used in the forming process of hydroformed metal. It has several advantages over the multi-wall structure including lower dielectric constant and better flexibility at low temperatures. The single-walled form can be produced with smooth or rough surfaces, depending on the application requirements.
Multi-walls:
Multi-walls are a stack of thin metal sheets that are welded or hot-dipped galvanized to form a single unitary structure. The multi-wall is used in the hydroformed metal bellows market owing to properties such as high tensile strength, flexibility, and durability. It is also resistant to corrosion and has excellent dielectric properties which makes it suitable for applications where electric insulation is required.
Application Insights:
In terms of revenue, the instrumentation industry dominated the global hydroformed metal bellows market with a share of over 35.0% in 2017. This is attributed to rising demand for industrial automation and sophisticated equipment in various industries such as oil & gas, chemical, petrochemical, power generation and aerospace among others. The instrumentation industry requires a large number of metal bellows that are capable of operating at high temperatures along withstanding extreme pressures without undergoing any permanent deformation or change in shape. These factors have resulted in an increased demand for hydroformed metal bellows across the globe from various application industries over the past few years.
The medical sector is expected to witness significant growth during forecast years on account of increasing healthcare spending by governments worldwide coupled with growing population and changing lifestyles which has led to an increase in health problems including cardiovascular diseases, high blood pressure levels etc., especially prevalent among developing countries like China India Brazil Thailand Indonesia etc.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to rising product demand from various end-use industries such as aerospace & defense, electronics, medical, and others. China is one of the largest producers of hydroformed metal bellows in this region owing to easy availability of raw materials coupled with cheap labor cost.
The Asia Pacific market was followed by Europe which accounted for a share of more than 20% in 2017 owing to high demand from automotive industry for interior components such as instrument panel assembly and others. North America also had a significant share due to growing requirement for lightweight components that require minimum material usage along with high strength component parts that are required by aircraft manufacturers across U.S., Canada, and Mexico for manufacturing airframe parts including exterior panels, flooring system components among others).
Growth Factors:
- Increasing demand for automobiles due to rising population and income levels in developing countries is expected to drive the growth of the hydroformed metal bellows market.
- Growing demand for fuel-efficient vehicles is also anticipated to boost the market growth over the forecast period.
- Rising adoption of advanced technologies, such as electric vehicles, is projected to create new opportunities for market players in the hydroformed metal bellows market during the forecast period.
- Stringent emission norms by regulatory authorities are likely to propel demand for fuel-efficient vehicles, which will subsequently boost growth of the hydroformed metal bellows market during the forecast period.
Scope Of The Report
Report Attributes
Report Details
Report Title
Hydroformed Metal Bellows Market Research Report
By Type
Single Wall, Multi-walls
By Application
Instrumentation Industry, Aerospace, Electronics Industry, Medical, Others
By Companies
Witzenmann, BOA Group, Senior, MIRAPRO, Flexider, Technoflex, KSM Corporation, Weldmac, Aerosun Corporation, Jiangsu Shuguang, Witzenmann, Ekkeagle, Sigma-Netics, MW Industries, Inc
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
159
Number of Tables & Figures
112
Customization Available
Yes, the report can be customized as per your need.
Global Hydroformed Metal Bellows Market Report Segments:
The global Hydroformed Metal Bellows market is segmented on the basis of:
Types
Single Wall, Multi-walls
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Instrumentation Industry, Aerospace, Electronics Industry, Medical, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Witzenmann
- BOA Group
- Senior
- MIRAPRO
- Flexider
- Technoflex
- KSM Corporation
- Weldmac
- Aerosun Corporation
- Jiangsu Shuguang
- Witzenmann
- Ekkeagle
- Sigma-Netics
- MW Industries, Inc
Highlights of The Hydroformed Metal Bellows Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Wall
- Multi-walls
- By Application:
- Instrumentation Industry
- Aerospace
- Electronics Industry
- Medical
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Hydroformed Metal Bellows Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Hydroformed metal bellows are a type of industrial gas bellows that are made from a sheet of metal that is formed into the shape of a bellows. The metal is then heated to temperatures above its melting point, and the pressure inside the bellows is increased until it reaches its operating pressure. This process forms the metal into the desired shape, and it can be used to expand or contract gases or liquids.
Some of the key players operating in the hydroformed metal bellows market are Witzenmann, BOA Group, Senior, MIRAPRO, Flexider, Technoflex, KSM Corporation, Weldmac, Aerosun Corporation, Jiangsu Shuguang, Witzenmann, Ekkeagle, Sigma-Netics, MW Industries, Inc.
The hydroformed metal bellows market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Hydroformed Metal Bellows Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Hydroformed Metal Bellows Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Hydroformed Metal Bellows Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Hydroformed Metal Bellows Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Hydroformed Metal Bellows Market Size & Forecast, 2020-2028
4.5.1 Hydroformed Metal Bellows Market Size and Y-o-Y Growth
4.5.2 Hydroformed Metal Bellows Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Single Wall
5.2.2 Multi-walls
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Instrumentation Industry
6.2.2 Aerospace
6.2.3 Electronics Industry
6.2.4 Medical
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Hydroformed Metal Bellows Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Hydroformed Metal Bellows Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Single Wall
9.6.2 Multi-walls
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Instrumentation Industry
9.10.2 Aerospace
9.10.3 Electronics Industry
9.10.4 Medical
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Single Wall
10.6.2 Multi-walls
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Instrumentation Industry
10.10.2 Aerospace
10.10.3 Electronics Industry
10.10.4 Medical
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Single Wall
11.6.2 Multi-walls
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Instrumentation Industry
11.10.2 Aerospace
11.10.3 Electronics Industry
11.10.4 Medical
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Single Wall
12.6.2 Multi-walls
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Instrumentation Industry
12.10.2 Aerospace
12.10.3 Electronics Industry
12.10.4 Medical
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Single Wall
13.6.2 Multi-walls
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Instrumentation Industry
13.10.2 Aerospace
13.10.3 Electronics Industry
13.10.4 Medical
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Hydroformed Metal Bellows Market: Competitive Dashboard
14.2 Global Hydroformed Metal Bellows Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Witzenmann
14.3.2 BOA Group
14.3.3 Senior
14.3.4 MIRAPRO
14.3.5 Flexider
14.3.6 Technoflex
14.3.7 KSM Corporation
14.3.8 Weldmac
14.3.9 Aerosun Corporation
14.3.10 Jiangsu Shuguang
14.3.11 Witzenmann
14.3.12 Ekkeagle
14.3.13 Sigma-Netics
14.3.14 MW Industries, Inc
