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In the field of aerospace engineering, specialty fasteners are a group of fasteners that are primarily used to serve a specific purpose. These requirements could include sandwich panel installation, mounting to surfaces that are unable to accept through-hole technology, high speed/automated assembly, blind assembly, thin sheet assembly, optimization of preload in highly loaded joints, and frequent joint access. As a result, specialty fasteners are capable of saving on the time required in the assembly process and thereby bypassing the need for additional fastening components, which translates into reduced costs.Due to these offerings, the global aircraft specialty fasteners market has been rapidly expanding at a healthy rate. As per the estimates, the industry is expected to reach a valuation of USD 1.3 billion in the forecast period. Apart from the advantages mentioned above, the rise of the global aircraft specialty fasteners market could be a result of the increase in the global air passenger traffic that has triggered the increase in the aircraft fleet size.
Key Players
PCC Fasteners
Arconic
LISI Aerospace
NAFCO
TriMas Corporation
MS Aerospace
Stanley Black and Decker (Nelson Fastener Systems)
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Segmentation
The report classifies the aircraft specialty market on the basis of the type of specialty fastener, the primary categories being: Threaded Fasteners and Non-Threaded Fasteners.
Further, based on the application, the sector can also be divided as:
Civil Aircraft
Military Aircraft
Between the two application-based criteria, the Civil Aviation industry is expected to be the most promising segment in the global aircraft specialty fasteners front.
Regional Analysis
For the purpose of this report, the region-wise analysis is carried out on the following categories:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
As per the assessment, North America will continue to reign the global aircraft specialty fasteners market.
Industry News
With Brexit in view, the fastener industry in the UK is about to take a hit. Since the UK imports most of its fasteners from the European Union, the companies and clients will find it hard to renegotiate terms. To ensure a smooth and seamless transition, the UK is holding a Fastener Exhibition and Conference to draft strategies for minimum impact.
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Table Of Content:
1 Market Overview
2 Manufacturers Profiles
3 Global Market Competition, by Players
4 Global Market Size by Regions
5 North America Revenue by Countries
6 Europe Revenue by Countries
7 Asia-Pacific Revenue by Countries
8 South America Revenue by Countries
9 Middle East and Africa Revenue by Countries
10 Global Market Segment by Type
11 Global Market Segment by Application
12 Global Market Size Forecast (2019-2024)
13 Research Findings and Conclusion
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