Market Highlights

Next generation aircraft like A320 family, B787, B777X, and A380 constitute approx. 2.4 million to 3 million fasteners in an aircraft. The combined backlog of Boeing and Airbus as of today has an order book of close to 12,000 aircraft, representing between eight and 10 years’ production. Majority of backlogs are for A320 family aircraft and B737Max. Thus, the demand for fasteners will significantly grow in the forecast period.


The aerospace industry use wide range of fasteners such as nuts, bolts, screws, rivets, pins and high locks during the making of aircraft and its parts. The factors driving the market growth are growing demand for aircraft, use of titanium fasteners, fleet utilization, and aircraft replacement has strengthen the line fit and retrofit aerospace fasteners market. Market Research Future predicts the market to grow at a CAGR of around 7% during the forecast period, to reach $9 billion.

Access the market data and information presented through over 60 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on “Global Aerospace Fasteners Market Research Report- Forecast to 2021"

Geographically, North America would be the largest market for aerospace fasteners market in the forecast period. Whereas, APAC is likely to be the fastest growing market due to the significant increase in the number of aircraft and MRO opportunities in the region.


Key Players

The leading market players in the global Aerospace Fasteners Market primarily include 3V Fasteners, Alcoa, B&B Specialties, KLX, LISI Aerospace, STANLEY Engineered Fastening, NAFCO, Stanley Aerospace Fastening, and Acument Global Technologies.


Key Findings

In 2015, the Americas had the largest share of 45% in the market and is expected to lead with 40.5% market share by 2021
APAC is likely to be the fastest growing market, due to the significant increase in the number of aircraft in the region
Growing air traffic and aircraft utilization are the driving factors for aerospace fasteners market
Alcoa, 3V Fasteners, LISI Aerospace, B&B Specialties are the major vendors of aerospace fasteners market
By 2021, commercial aerospace is likely to have the market share of around 62%


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Target Audience

Commercial and Military Aircraft OEMs
Component and Raw Material Suppliers
Service Suppliers
Potential Investors
Key executive (CEO and COO) and strategy growth manager


Study Objective of Aerospace Fasteners Market

To provide detailed analysis of the market structure along with forecast for the next 5 years of the various segments and sub-segments of the Global Aerospace Fasteners Market
Upcoming technologies, high growth geographies and countries were identified
Regional and country specific demand and forecast for aerospace fasteners were studied
Key segments covered in the report are: application, aircraft class, and region
Under aircraft type, both commercial and military aircraft is taken into consideration
In service fleets, current aircraft orders and future deliveries were taken into consideration while forecasting the market for commercial and military fasteners
Average selling price for all different aircraft models and fasteners was finalized; same was referred for forecasting, keeping few assumptions into factor
For all the regions: key companies, forecast demand for aircraft, passenger traffic and fasteners demand were identified and then with historical Figure, data collected through primary and annual reports were triangulated to derive the regional market size



Regional and Country Analysis of Aerospace Fasteners Market


As per the MRFR analysis, the Americas Aerospace Fasteners market is poised to reach $XX billion in 2021, to grow at a CAGR of around 5% during the forecasted period. Whereas, EMEA and Asia Pacific will grow at a CAGR of around 7% and 12% respectively.

In 2014, more than 20,000 aircraft were in service globally, and this is likely to double in the next 20 years. By 2034, emerging regions like Asia and the Middle East are expected to have aircraft nearly 17,000 aircraft delivered. These factors will drive the market during the forecast period.

The report also covers country level analysis:


Americas (North and Latin)

US
Canada
Brazil
Others
Europe

Germany
France
Italy
Spain
UK
Rest of Europe
Asia – Pacific

China
India
Japan
Australia/New Zealand
Rest of Asia-Pacific
Middle East & Africa

UAE
Kuwait
Israel
Rest of middle East & Africa
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