Metal Bellows Market size was over USD 2.39 billion in 2024 and is expected to reach USD 5.16 billion by the end of 2037, growing at around 6.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of metal bellows is assessed at USD 2.51 billion. The market is expected to grow due to the rapid industrialization that is spreading throughout emerging economies throughout the forecast period. Less than 20% of the world's population lives in the 63 developed economies that make up the world today.
In addition to these, opportunities for the metal bellows sector are anticipated to arise from the development of highly efficient metal bellows that can tolerate high temperatures and pressure during the projected period. Furthermore, during the course of the forecast period, rising R&D expenditures by major players in the creation of novel materials will propel further growth in the worldwide metal bellows market.
Author Credits: Richa Gupta
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