The future of the global aerospace fastener market looks promising with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft segments. The global aerospace fastener market is expected to reach an estimated $6.0 billion by 2021 at a CAGR of 6.0% from 2016 to 2021. The major drivers of growth for this market are increasing aircraft delivery, increase in demand for wide body aircraft, and introduction of new aircraft programs.
Emerging trends, which have a direct impact on the dynamics of the aerospace fastener industry, include increase in penetration of titanium fasteners due to compatibility with composite parts and increase usage of titanium bolts in areas where high strength is required.
A total of 46 figures / charts and 22 tables are provided in this 122-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of the aerospace fastener market report, download the report brochure.
The study includes aerospace fastener market size and forecast for the global aerospace fastener market through 2021 segmented by aircraft type, material type, and region, as follows:
Aerospace fastener market by Material Type (Value ($ million) from 2010 to 2021):
Aluminum fastener Steel fastener Titanium fastener Other fastener
Aerospace fastener market by Aircraft Type (Value ($ million) from 2010 to 2021):
Commercial aircraft Regional aircraft General aviation Helicopter Military aircraft
Aerospace fastener market by Product Type (Value ($ million) 2015):
Rivets Bolts Others
Aerospace fastener market by Region (Value ($ million) from 2010 to 2021):
North America Europe Asia Pacific Rest of World
Aerospace fastener companies profiled in this market report includes Alcoa, Precision Castparts Corp., Lisi Aerospace, Stanley Engineered Fastening, National Aerospace Fasteners Corp., B&B Specialities, Inc., and Trimas are among the major suppliers of aerospace fasteners.
On the basis of its comprehensive research, Lucintel forecasts that titanium fasteners and other fasteners (superalloy) are expected to show above average growth during the forecast period.
Within the aircraft type, commercial aircraft segment is expected to remain the largest market during the forecast period as commercial aircraft has the largest number of fasteners when compared to any other aircraft.
North America is expected to remain the largest region due to high demand for newer aircraft and replacement of ageing fleet. Aircraft fastener demand is directly proportional to aircraft delivery.
Some of the features of “Global Aerospace Fastener Market 2015-2020: Trends, Forecast, and Opportunity Analysis” include:
Market size estimates: Growth opportunities in the global aerospace fastener market in terms of value ($ Mil) shipmentTrend and forecast analysis: Global aerospace fastener market trend (2010-2015) and forecast (2016-2021) by region and segmentSegmentation analysis: Global aerospace fastener market size from 2010 to 2021 by material type, aircraft type, and product type.Regional analysis: Global aerospace fastener market breakdown by key regions of North America, Europe, Asia Pacific and the Rest of the WorldGrowth opportunities: Analysis on growth opportunities in different types of material, aircraft, and regions of aerospace fastener market.Strategic analysis: This includes M&A, new product development, and competitive landscape of global aerospace fastener suppliers.Emerging applications: Emerging applications of the aerospace fastener in the global aerospace fastener market. Analysis of the competitive intensity of the industry based on Porter’s Five Forces model
This report answers the following 11 key questions:
Q.1 What are some of the most promising, high-growth opportunities for the aerospace fastener market by material type (Aluminum, Steel, Titanium, and Others), aircraft type (Commercial Aircraft, Regional Aircraft, General Aviation, Helicopter, and Military Aircraft), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2 Which product segments will grow at a faster pace and why?
Q.3 Which region will grow at a faster pace and why?
Q.4 What are the key factors affecting market dynamics? What are the drivers and challenges of the aerospace fastener market?
Q.5 What are the business risks and threats of this market?
Q.6 What are the emerging trends in this market and reasons behind them?
Q.7 What are some of the changing demands of customers in the aerospace fastener market?
Q.8 What are the new developments in the market and which aerospace fastener companies are leading these developments?
Q.9 Who are the major aerospace fastener suppliers? What strategic initiatives are being implemented by key players for business growth?
Q.10 What are some of the competitive products of aerospace fastener companies in this area and how great a threat do they pose for loss of market share through product substitution?
Q.11 What M&A activity has occurred in the last 5 years?