Dublin, Feb. 17, 2022 (GLOBE NEWSWIRE) -- The "Aerospace Fasteners Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027" report has been added to ResearchAndMarkets.com's offering.
The global aerospace fasteners market size reached US$ 6.19 Billion in 2021. Looking forward, the publisher expects the market to reach US$ 8.95 Billion by 2027, exhibiting a CAGR of 6.1% during 2022-2027. Keeping in mind the uncertainties of COVID-19, they are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor
Aerospace fasteners refer to various hardware tools such as screws, rivets, nuts, bolts and pins, which mechanically fix or join two or more components together. Aerospace fasteners are durable and secure and aid in enhancing the aircraft's efficiency while reducing its overall weight. They are commonly manufactured using aluminum, titanium and steel, owing to the high tensile/shear strength and corrosion resistance of these metals. These fasteners are used for creating non-permanent joints that can be dismantled or removed without damaging the surrounding equipment. Owing to this, they find extensive applications in assembling commercial and military aircraft, rockets, ballistic missiles and satellites
Aerospace Fasteners Market Trends:
The thriving civil aviation industry is one of the key factors driving the growth of the market. Inflating disposable incomes and growing urbanization have resulted in a rise in air commutation, which has consequently led to the increasing production of aircraft and thus, the usage of aerospace fasteners. Additionally, various airlines are heavily investing in premium cabin-interior products to enhance passengers' overall flight experience.
Moreover, technological advancements, such as the use of 3D printing and additive manufacturing (AM) technologies for producing aerospace components, is further augmenting the market growth. The market is also driven by the utilization of superalloys in the manufacturing of these products. Superalloys are more cost-effective and lightweight in comparison to other metals. They are also effective under high-temperatures and are stable under excessive turbulence. Other factors, including favorable government policies to improve air transport infrastructure, along with increasing space exploration activities, are projected to drive the market further
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global aerospace fasteners market, along with forecasts at the global and regional level from 2022-2027. Our report has categorized the market based on product type, material type, application, aircraft type and end-use sector
Breakup by Product Type:
- Rivets
- Screws
- Nuts and Bolts
- Washers
- Others
Breakup by Material Type:
- Aluminium
- Alloy Steel
- Titanium
- Others
Breakup by Application:
- Interior
- Control Surfaces
- Fuselage
Breakup by Aircraft Type:
- Narrow Body Aircraft
- Wide Body Aircraft
- Very Large Aircraft
- Fighter Jet
- Others
Breakup by End-Use Sector:
- Commercial
- Defense
- Others
Breakup by Region:
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Arconic Fastening Systems & Rings, B&B Specialties, LISI Aerospace, 3V Fasteners Company, National Fasteners Company, TriMas Corporation, Wesco Aircraft Holdings, CDP Fastener Group, TFI Aerospace Corporation, Stanley Engineered Fastening, Ho-Ho-Kus Inc, etc
The publisher's latest report provides a deep insight into the global aerospace fasteners market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter's five forces analysis, value chain analysis, etc. This report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the aerospace fasteners market in any manner.
Key Questions Answered in This Report:
- How has the global aerospace fasteners market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global aerospace fasteners industry?
- What has been the impact of COVID-19 on the global aerospace fasteners industry?
- What is the breakup of the market based on the product type?
- What is the breakup of the market based on the material type?
- What is the breakup of the market based on the application?
- What is the breakup of the market based on the aircraft type?
- What is the breakup of the market based on the end-use sector?
- What are the various stages in the value chain of the global aerospace fasteners industry?
- What are the key driving factors and challenges in the global aerospace fasteners industry?
- What is the structure of the global aerospace fasteners industry and who are the key players?
- What is the degree of competition in the global aerospace fasteners industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Aerospace Fasteners Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Breakup by Product Type
5.5 Market Breakup by Material Type
5.6 Market Breakup by Application
5.7 Market Breakup by Aircraft Type
5.8 Market Breakup by End-Use Sector
5.9 Market Breakup by Region
5.10 Market Forecast
6 SWOT Analysis
7 Value Chain Analysis
8 Porter's Five Forces Analysis
9 Market Breakup by Product Type
9.1 Rivets
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Screws
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Nuts and Bolts
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Washers
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Others
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Material Type
10.1 Aluminium
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Alloy Steel
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 Titanium
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Others
10.4.1 Market Trends
10.4.2 Market Forecast
11 Market Breakup by Application
11.1 Interior
11.1.1 Market Trends
11.1.2 Market Forecast
11.2 Control Surfaces
11.2.1 Market Trends
11.2.2 Market Forecast
11.3 Fuselage
11.3.1 Market Trends
11.3.2 Market Forecast
12 Market Breakup by Aircraft Type
12.1 Narrow Body Aircraft
12.1.1 Market Trends
12.1.2 Market Forecast
12.2 Wide Body Aircraft
12.2.1 Market Trends
12.2.2 Market Forecast
12.3 Very Large Aircraft
12.3.1 Market Trends
12.3.2 Market Forecast
12.4 Fighter Jet
12.4.1 Market Trends
12.4.2 Market Forecast
12.5 Others
12.5.1 Market Trends
12.5.2 Market Forecast
13 Market Breakup by End-Use Sector
13.1 Commercial
13.1.1 Market Trends
13.1.2 Market Forecast
13.2 Defense
13.2.1 Market Trends
13.2.2 Market Forecast
13.3 Others
13.3.1 Market Trends
13.3.2 Market Forecast
14 Market Breakup by Region
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Arconic Fastening Systems & Rings
15.3.2 B&B Specialties
15.3.3 LISI Aerospace
15.3.4 3V Fasteners Company
15.3.5 National Fasteners Company
15.3.6 TriMas Corporation
15.3.7 Wesco Aircraft Holdings
15.3.8 CDP Fastener Group
15.3.9 TFI Aerospace Corporation
15.3.10 Stanley Engineered Fastening
15.3.11 Ho-Ho-Kus Inc
For more information about this report visit https://www.researchandmarkets.com/r/yvl7py
