Jan 21, 2020   SOURCE: BusinessWire

Global Aerospace Fasteners Market Estimated to Grow with a CAGR of Around 6% During the Forecast Period, 2019-2024 - ResearchAndMarkets.com

The "Aerospace Fasteners Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024" report has been added to ResearchAndMarkets.com's offering.

The global aerospace fasteners market is expected to grow at a CAGR of around 6% during 2019-2024. 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.

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.

This 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 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

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting 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 Market Breakup by Product Type

5.4 Market Breakup by Material Type

5.5 Market Breakup by Application

5.6 Market Breakup by Aircraft Type

5.7 Market Breakup by End-Use Sector

5.8 Market Breakup by Region

5.9 Market Forecast

6 SWOT Analysis

6.1 Overview

6.2 Strengths

6.3 Weaknesses

6.4 Opportunities

6.5 Threats

7 Value Chain Analysis

8 Porter's Five Forces Analysis

8.1 Overview

8.2 Bargaining Power of Buyers

8.3 Bargaining Power of Suppliers

8.4 Degree of Competition

8.5 Threat of New Entrants

8.6 Threat of Substitutes

9 Market Breakup by Product Type

9.1 Rivets

9.2 Screws

9.3 Nuts and Bolts

9.4 Washers

9.5 Others

10 Market Breakup by Material Type

10.1 Aluminium

10.2 Alloy Steel

10.3 Titanium

10.4 Others

11 Market Breakup by Application

11.1 Interior

11.2 Control Surfaces

11.3 Fuselage

12 Market Breakup by Aircraft Type

12.1 Narrow Body Aircraft

12.2 Wide Body Aircraft

12.3 Very Large Aircraft

12.4 Fighter Jet

12.5 Others

13 Market Breakup by End-Use Sector

13.1 Commercial

13.2 Defense

13.3 Others

14 Market Breakup by Region

14.1 North America

14.2 Europe

14.3 Asia Pacific

14.4 Middle East and Africa

14.5 Latin America

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

15.3.10 TFI Aerospace Corporation

15.3.11 Stanley Engineered Fastening

15.3.12 Ho-Ho-Kus Inc

For more information about this report visit https://www.researchandmarkets.com/r/2ega46