Automotive Fasteners - Global Strategic Business Report

The global market for Automotive Fasteners is estimated at US$17.8 Billion in 2023 and is projected to reach US$25.0 Billion by 2030, growing at a CAGR of 4.9% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions.

The growth in the automotive fastener market is driven by several factors, including the rising production of electric vehicles (EVs), which require specialized fasteners to accommodate unique design and safety requirements. The increasing focus on lightweighting to improve fuel efficiency and reduce emissions has led to a higher demand for fasteners made from advanced materials like titanium and composites. Technological advancements, such as the integration of smart fasteners equipped with sensors for real-time monitoring of tension and integrity, are also fueling market growth. Additionally, the expansion of the automotive industry in emerging markets, where vehicle ownership is rising, is contributing to increased demand for fasteners. Consumer preferences for enhanced vehicle performance and safety features are driving the development of high-performance fasteners that ensure robust and reliable connections. Furthermore, the trend towards vehicle customization and the growing aftermarket for automotive parts are creating new opportunities for fastener manufacturers to supply a diverse range of products tailored to specific consumer needs.

Key Insights:

• Market Growth: Understand the significant growth trajectory of the Threaded Fastener segment, which is expected to reach US$20.3 Billion by 2030 with a CAGR of a 5.2%. The Non-Threaded Fastener segment is also set to grow at 3.8% CAGR over the analysis period.
• Regional Analysis: Gain insights into the U.S. market, estimated at $2.9 Billion in 2023, and China, forecasted to grow at an impressive 7.3% CAGR to reach $6.3 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.

Why You Should Buy This Report:

• Detailed Market Analysis: Access a thorough analysis of the Global Automotive 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 Automotive 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 Automotive 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?

Report Features:

• Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 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 Avery Dennison Corporation, APM Automotive Holdings Bhd., Bharat Forge Ltd., and more.
• Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.

Select Competitors (Total 117 Featured):

• Avery Dennison Corporation
• APM Automotive Holdings Bhd.
• Bharat Forge Ltd.
• Acument Global Technologies, Inc.
• Adolf Wurth Gmbh & Co. KG (Wurth Group)
• AVK Industrial Products
• Arconic, Inc.
• ATF, Inc.
• Avibank Mfg., Inc.
• Aoyama Seisakusho Co., Ltd.
• A. Agrati SpA
• Armour Screw Company
• Avdel (India) Pvt. Ltd.
• Abbott Interfast LLC
• A & G Fasteners Pty Ltd.