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Despite short-term demand fluctuations, Stratview Research’s estimates suggest that the global metal bellows market is expected to cross the landmark figure of US$ 1.0 billion by 2025, expecting a recovery after a downfall in 2020. The demand for metal bellows is highly subjected to the growth as well as the health of the end-use industries where these bellows are used. Major end-use industries were already under immense pressure and were struggling hard in order to rebound their demand. Several industry-specific regional factors were behind the truncated industry growth or decline. Aerospace & defense and automotive were the major industries that recorded a decline in the year 2019. The outbreak of COVID-19 further aggravated the industry concerns to an unprecedented level.
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