MRRS adds "Aerospace Fasteners Market by Product , Application, Aircraft Type , End User, Material Type and Region – Global Forecast to 2021" latest studies,published in December 2016. It is a professional and in-depth study.

The aerospace fasteners market is projected to grow from USD 5.49 billion in 2016 to USD 7.73 billion by 2021, at a CAGR of 7.08%. Factors influencing the growth of this market include the rise in aircraft orders due to the growth in air transport in emerging economies. The growth of aerospace fasteners market is directly proportional to the health of the airline industry. Due to application specific requirements of raw materials and limited number of suppliers, raw materials management is a burning issue for aerospace fastener manufacturers.
Increased efficiencies and lower oil prices have saved the airline industry tens of billions of dollars. The airline industry also produced record breaking operating results in terms of profits and increased efficiencies, which have resulted in increased implementation of new aircraft. In the next 10 years, the number of wide body airplanes entering the replacement zone will double.
With the rise in aircraft orders in emerging regions such as Asia–Pacific and also in North America and Europe, the requirement for aerospace fasteners is high. Maintenance activities for existing aircraft fleet will also lead to increased demand of aerospace fasteners. Nuts & bolts are used extensively during manufacturing and maintenance process as they have high tensile strength and their ability to affix critical structural components together. Owing to this, the nuts & bolts segment is projected to be the fastest-growing segment during the forecast period.

Figure And Tables

TABLE 1 AEROSPACE FASTENERS MARKET SIZE, BY PRODUCT , 2014-2021 (USD MILLION) 53
TABLE 2 AEROSPACE FASTENERS MARKET SIZE, BY MATERIAL TYPE, 
2016-2021 (USD MILLION) 56
TABLE 3 AEROSPACE FASTENERS MARKET SIZE, BY APPLICATION, 
2014-2021 (USD MILLION) 59
TABLE 4 AEROSPACE FASTENERS MARKET SIZE, BY END USER, 2014-2021 (USD MILLION) 62
TABLE 5 AEROSPACE FASTENERS MARKET SIZE, BY AIRCRAFT TYPE, 
2014-2021 (USD MILLION) 65
 ...

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