Aerospace Fasteners Market by Application, Material, and Geography - Forecast and Analysis 2020-2024

 

The aerospace fasteners market and it is poised to grow by USD 2.51 billion during 2020-2024, progressing at a CAGR of almost 6% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.



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Frequently Asked Questions:

  • Based on segmentation by material, which is the leading segment in the market?
    Aluminum.
  • What are the major trends in the market?
    Advantages of additive manufacturing technology.
  • At what rate is the market projected to grow?
    The market is projected to grow at a CAGR of almost 6% during 2020-2024.
  • Who are the top players in the market?
    Arconic Inc., B&B Specialties Inc., Berkshire Hathaway Inc., Boeing Co., Click Bond Inc., LISI SA, MinebeaMitsumi Inc., National Aerospace Fasteners Corp., Stanley Black & Decker Inc., and TriMas Corp. are the top players in the market.
  • What are the key market drivers and challenges?
    The market is driven by the rising need for lightweight materials. However, aircraft order cancellations might hamper the market growth.

The market is concentrated, and the degree of concentration will accelerate during the forecast period. Arconic Inc., B&B Specialties Inc., Berkshire Hathaway Inc., Boeing Co., Click Bond Inc., LISI SA, MinebeaMitsumi Inc., National Aerospace Fasteners Corp., Stanley Black & Decker, Inc., and TriMas Corp. are some of the major market participants. The rising need for lightweight materials will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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Aerospace Fasteners Market 2020-2024: Segmentation

Aerospace fasteners market is segmented as below:

  • Application
    • Commercial And Business Aviation
    • Defense And Space
  • Material
    • Aluminum
    • Titanium
    • Superalloys
    • Steel
  • Geographic Landscape
    • APAC
    • Europe
    • MEA
    • North America
    • South America

 

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