Uploaded on Mar 8, 2021
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
Aerospace Fastener Market Demand, Industry Challenges And Opportunities To 2028
Aerospace Fastener
Market To Reach USD
10.34 Billion By 2026
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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.
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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
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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
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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?
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