Aerospace Fastener Market Demand, Industry Challenges And Opportunities To 2028


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Uploaded on Mar 8, 2021

Category Business

The global aerospace fastener market is expected to reach USD 10.34 Billion by 2026, according to a new report by Reports and Data. T

Category Business

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Aerospace Fastener Market Demand, Industry Challenges And Opportunities To 2028

Aerospace Fastener Market To Reach USD 10.34 Billion By 2026 www.reportsanddata.com Market Summary Market Size – USD 6.21 billion in 2018, Market Growth - CAGR of 6.5%, Market Trends – Increasing demand for new aircraft The Global Aerospace Fastener Market is expected to reach USD 10.34 Billion by 2026, according to a new report by Reports and Data. The increasing demand for flight journey across the world is estimated to stimulate the market demand in the upcoming years. Further key findings from the report suggest • By product type, rivets held a substantial market share, in terms of volume, in 2018. • Aluminum fasteners dominated the market in 2018 and is expected to maintain its dominance in the forecast period growing at a rate of 6.4%. • By end user, the defense & space sector is forecasted to grow at a rate of 6.5% in the forecast period owing to the growing demand for fighter jets in the defense sector as well as increasing space exploration activities. • The market in North America is contributed to the largest market share in 2018 and is projected to grow at a rate of 6.0% in the forecast period attributed to high demand for new aircraft as well as modernization of existing fleet in the region. • Scarce availability of materials used in the production of aerospace fasteners may hamper the growth of the market in the forecast period.  www.reportsanddata.com Market Summary Key Players: Alcoa Fastening Systems & Rings, Stanley Black & Decker Inc., LISI Aerospace, Precision Castparts Corp., TriMas Corporation, National Aerospace Fasteners Corp., B&B Specialities Inc., 3V Fasteners Company Inc., TFI Aerospace Corp., and TPS Aviation, among others. Segmentation: Product Type Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026) • Screws & Bolts • Nuts • Rivets • Special Products • Others Material Type Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026) • Aluminum • Steel • Titanium • Super Alloys • Others Ask for Sample Report at: https://www.reportsanddata.com/sample-enquiry-form/1571 www.reportsanddata.com Market Summary Usage Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026) • Permanent • Temporary Aircraft Type Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016- 2026) • Wide Body • Single-Aisle • Regional Jets End User Outlook (Volume, Thousand Units; 2016-2026 and Revenue, USD Million; 2016-2026) • General Aviation • Commercial Aviation • Defense & Space Regional Outlook for analyses the following geographies: • North America • Asia-Pacific • South America • Middle East and Africa Request a discount on the report @ https://www.reportsanddata.com/discount-enquiry-form/1571 www.reportsanddata.com The report emphasizes the following key questions: Q.1.What are the most lucrative and promising growth prospects for the market? Q.2.Which sectors are expected to deliver a high growth rate and which industry aspects come into play in this advancement? Q.3.Which geographies are estimated to exhibit the highest growth and the underlying causes? Q.4.Which factors are impacting the future of the market and what are the driving factors? Q.5.What are the hurdles and challenges curtailing the industry’s growth in the forecast period? www.reportsanddata.com About Us Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. Contact US We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries John W including Healthcare, Technology, Chemicals, Power, and Head of Business Development Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends Reports And Data | Web: existent in the market. Reports and Data has a strong www.reportsanddata.com base of experienced analysts from varied areas of Direct Line: +1-212-710-1370 expertise. E-mail: [email protected] www.reportsanddata.com