Global Aerospace Fasteners Market to Reach $6.9 Billion by 2027
Amid the COVID-19 crisis, the global market for Aerospace Fasteners estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$6.9 Billion by 2027, growing at a CAGR of 4% over the period 2020-2027.
The U.S. Market is Estimated at $1.4 Billion, While China is Forecast to Grow at 7.1% CAGR
The Aerospace Fasteners market in the U.S. is estimated at US$1.4 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.5 Billion by the year 2027 trailing a CAGR of 7.1% over the analysis period 2020 to 2027.
Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.3% and 3% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 2.1% CAGR.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
Influencer Market Insights
World Market Trajectories
Aerospace Fasteners: An Introductory Prelude
Recent Market Activity
A Niche Segment within the Industrial Fasteners Industry
Fasteners Trend with the Aerospace Sector
Future Prospects Remain Favorable for Aerospace Fasteners
Advanced Tools Come to Fore in Fastener Manufacturing
Focus on Safety and Performance Spurs Tool Innovations
Impact of Composites on Fasteners
Countersunk Head Rivets Gain Prominence in Smooth Finish Applications
Concerns over Viability & Safety of Secondary Locking Devices Bodes Well
Issues & Challenges
Tight Supply Chain Resulting in Extended Lead Times
Long-Term Supply Contracts Narrow Operating Margins for Ti Suppliers
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Aerospace Fasteners by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
World Historic Review for Aerospace Fasteners by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
World 15-Year Perspective for Aerospace Fasteners by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific, Latin America, Middle East and Africa Markets for Years 2012, 2020 & 2027
