Fastener Market Report Overview:
Fastener Market size was valued at USD 91.43 Bn. in 2022 and the Fastener’s total revenue is expected to grow by 4.8% from 2023 to 2029, reaching nearly USD 126.95 Bn
The Fastener market has been forecasted by region, type, and application, with sales and revenue. The Fastener market research highlights the market share, main suppliers, distributors, changing price patterns, and the raw material supply chain. The market report gives companies deep insights into the global Fastener industry dynamics.
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Fastener Market Scope and Research Methodology
The report majorly focuses on the Fastener market dynamics including drivers, restraints, challenges and opportunities. This information on the market dynamics is provided region-wise and segment-wise in the Fastener market report, which makes it an investor’s guide. Data was collected for the report by using primary and secondary research methods, which were combined to make the Fastener market report error-free and authentic. After determining the total market size, the market was divided into various segments and sub-segments and the segments were verified through primary research by conducting in-depth interviews with the individuals holding influential positions in the Fastener industry. The bottom-up approach was used to estimate the regional and global Fastener market size. By using Secondary research, major Fastener key players in the industry were identified and their revenues were determined through primary and secondary research. The secondary research includes data collection from official databases of various organizations and government sites, industry journals, white papers, annual reports and suppliers in the Fastener industry along with paid and free databases, while primary research includes in-depth interviews with opinion leaders and industry experts.
Fastener Market Segmentation:
The automotive segment accounted for the largest revenue share of 30.2% in 2022 and is expected to expand at a CAGR of 3.8% during the forecast period. High production volumes of automotive vehicles across Asia Pacific have been a key factor driving industry growth over the past few years. Fasteners are an essential component of the automotive industry and are available in numerous varieties, sizes, and shapes. The common fasteners used in the automotive industry include nuts, bolts, screws, rivets, studs, bits, anchors, and panel fasteners. Metal fasteners have been dominating the fastener industry traditionally, and this trend is likely to continue over the projected period. Aerospace has been a major application segment in the global industrial fasteners market as it consumes high volumes of primegrade fasteners. The aerospace industry is considered to be a key market for industrial fasteners, as the quantity used in the manufacturing of an aircraft is significantly higher in comparison tany other applications, including automotive, industrial machinery, and railways.
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Fastener Market Key Players:
Arconic Fastening Systems and Rings
Acument Global Technologies, In
ATF, Inc.
Dokka Fasteners A S
LISI Group - Link Solutions for Industry
Nippon Industrial Fasteners Company (Nifco)
Hilti Corporation
MW Industries, Inc.
Birmingham Fasteners and Supply, Inc.
SESCO Industries, Inc
Fastener Market Regional Analysis:
The Fastener market report is segmented into key regions, such as North America, Asia Pacific, Europe, Middle East and Africa, and South America. Furthermore, the report includes market size, CAGR, import and export, and country-level analysis, integrating the demand and supply forces of the Fastener market in these countries.
Key Questions answered in the Fastener Market Report are:
- What is the expected CAGR of the Fastener market during the forecast?
- What is the expected Fastener market size during the forecast period?
- Which regional Fastener market is expected to hold the largest share during the forecast period?
- What are the market segments?
- Which production technology is utilized for Fastener?
- What trends are driving the market growth?
- Who are the global key players in the Fastener market?
- What is the global market status of the Fastener market?
- What was volume, manufacture value, price, and revenue of Fastener market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
- Market Segmentation – A detailed analysis of the segments and their sub-segments
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of Business by Region
- Recommendations
About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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