Aerospace Fasteners Market expected to reach $7.73 Billion by 2021

1. Aerospace Fasteners Market expected to reach $7.73 Billion by 2021, at a CAGR of 7.08% from 2016 to 2021 – Exclusive Report by MarketsandMarkets The report "Aerospace Fasteners Market by Product (Rivets, Screws, Nuts & Bolts), Application (Interior, Fuselage, Control Surface), Aircraft Type (NBA, WBA, VLA, RTA, Business Jets, Fighter Jets), End User, Material Type and Region - Global Forecast to 2021", 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%. Increasing number of aircraft orders and continuous demand for precision made, technologically advanced fasteners are some of the key factors expected to drive the global aerospace fasteners market. Browse 90 market data Tables and 76 Figures spread through 156 Pages and in-depth TOC on "Aerospace Fasteners Market - Global Forecast to 2021" Early buyers will receive 10% customization on this report. Rivets segment is estimated to account for the largest market share during the forecast period On basis of product type, the aerospace fasteners market is segmented into rivets, screws, nuts & bolts, and others (hi locks, collar, and so on). Rivets segment is estimated to account for the largest market share during the forecast period. They are used extensively during manufacturing and maintenance process as they have high tensile strength and ability to affix critical structural components together. Considering the requirement for fuel-efficient and lightweight aircraft, there is a huge demand for precision made, technologically sound, lightweight, and high-performance fasteners. Innovations in research and development for lightweight and high performance aerospace fasteners will drive this market in the coming years. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=260904137

2. The wide body aircraft segment is expected to grow at the highest rate during the forecast period The aerospace fasteners market has been segmented and analyzed on the basis of aircraft type into narrow body aircraft, wide body aircraft, very large aircraft, regional jets, and business jets. Wide body aircraft segment is anticipated to grow at the highest pace during the forecast period and dominate the market owing to the efficiency of wide body aircraft and the rise in passenger traffic. Increasing connectivity between important geographical locations of developing and developed regions has led to a rise in demand for wide body aircraft. The aerospace fasteners market is expected to grow at the highest rate in the Asia- Pacific region The aerospace fasteners market is on a rise in the Asia-Pacific region due to the presence of aircraft manufacturers in China and Russia. The rise in number of component manufacturers in Japan, India, and China contribute are also the major factors driving the growth of aerospace fasteners market in this region. Ask for Sample Report @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=260904137 Key Market Players Key players operating in the aerospace fasteners market are Alcoa Fastening Systems & Rings (U.S.), LISI Aerospace (U.S.), Precision Castparts Corp. (U.S.), and Stanley Black & Decker Inc. (U.S.). Contracts, new product launches, expansions, partnership, collaborations, and agreements are the major growth strategies adopted by the players to strengthen their position in this market. Don’t miss out on business opportunities in Aerospace Fasteners Market. Speak to our analyst and gain crucial industry insights that will help your business grow. About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 5000 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions. Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies

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