The global market for Aerospace Fasteners was valued at US$7.3 Billion in 2024 and is projected to reach US$11.3 Billion by 2030, growing at a CAGR of 7.6% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.Healthy Outlook for the World Commercial Aviation Industry Suggests Opportunities for Aerospace Fasteners
Global Aerospace Fasteners Market - Key Trends & Drivers Summarized
Aerospace fasteners are critical components in the assembly and maintenance of aircraft and aerospace structures, providing the necessary strength and durability to withstand extreme conditions and stresses. These fasteners include bolts, screws, nuts, rivets, and specialized fastening systems designed to secure various parts of an aircraft, such as the fuselage, wings, and control surfaces. Aerospace fasteners are manufactured from high-strength materials like titanium, stainless steel, and superalloys to ensure reliability and performance in demanding environments. Precision and quality are paramount in the production of aerospace fasteners, as they play a crucial role in the safety and integrity of the aircraft.The aerospace fasteners market is driven by the growth of the aerospace industry, which includes commercial aviation, defense, and space exploration. The increasing production of commercial aircraft, driven by rising air travel demand and fleet modernization programs, is a significant driver of the market. The defense sector's continuous investments in advanced military aircraft and unmanned aerial vehicles (UAVs) are also contributing to the demand for aerospace fasteners. Additionally, the burgeoning space industry, with its focus on satellite deployment, space exploration missions, and space tourism, is creating new opportunities for fastener manufacturers. Technological advancements in materials and manufacturing processes, such as 3D printing and automated assembly, are further enhancing the capabilities and applications of aerospace fasteners.
The growth in the aerospace fasteners market is driven by several factors. Firstly, the increasing production and modernization of commercial and military aircraft are boosting the demand for high-quality fasteners. Secondly, the growth of the space industry, with its expanding range of missions and applications, is driving the need for specialized fasteners. Thirdly, advancements in materials and manufacturing technologies are enhancing the performance and reliability of aerospace fasteners. Lastly, stringent safety and quality standards in the aerospace industry are ensuring a steady demand for precision-engineered fastening solutions. These factors collectively contribute to the robust growth of the aerospace fasteners market.
Scope of the Study
The report analyzes the Aerospace Fasteners market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments:
Product (Rivets, Screws, Nuts & Bolts, Other Product Types), End-Use (Commercial Aviation, Defense & Space, General Aviation).Geographic Regions/Countries:
World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Spain; Russia; Rest of Europe; Asia-Pacific; Australia; India; South Korea; Rest of Asia-Pacific; Latin America; Argentina; Brazil; Mexico; Rest of Latin America; Middle East; Iran; Israel; Saudi Arabia; UAE; Rest of Middle East; Africa.Key Insights:
- Market Growth: Understand the significant growth trajectory of the Rivets segment, which is expected to reach US$4.8 Billion by 2030 with a CAGR of a 8.4%. The Screws segment is also set to grow at 7.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $2.3 Billion in 2024, and China, forecasted to grow at an impressive 8.9% CAGR to reach $1.4 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players such as Carpenter Technology Corporation, Ateliers De La Haute Garonne Ets Auriol Et Cie, Acument Global Technologies, Inc., Allfast Fastening Systems, AVK Industrial Products and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Aerospace Fasteners Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Aerospace Fasteners Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Aerospace Fasteners Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 144 major companies featured in this Aerospace Fasteners market report include:
- Carpenter Technology Corporation
- Ateliers De La Haute Garonne Ets Auriol Et Cie
- Acument Global Technologies, Inc.
- Allfast Fastening Systems
- AVK Industrial Products
- B&B Specialties, Inc.
- California Screw Products Corporation
- Click Bond, Inc.
- Arconic, Inc.
- ATF, Inc.
- Avibank Mfg., Inc.
- Cherry Aerospace
- Chun Yu Group
- Clarendon Specialty Fasteners
- Avdel (India) Pvt. Ltd.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Carpenter Technology Corporation
- Ateliers De La Haute Garonne Ets Auriol Et Cie
- Acument Global Technologies, Inc.
- Allfast Fastening Systems
- AVK Industrial Products
- B&B Specialties, Inc.
- California Screw Products Corporation
- Click Bond, Inc.
- Arconic, Inc.
- ATF, Inc.
- Avibank Mfg., Inc.
- Cherry Aerospace
- Chun Yu Group
- Clarendon Specialty Fasteners
- Avdel (India) Pvt. Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 482 |
Published | February 2025 |
Forecast Period | 2024 - 2030 |
Estimated Market Value ( USD | $ 7.3 Billion |
Forecasted Market Value ( USD | $ 11.3 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |