The global aerospace fastener market is expected to reach

New Post Public Reply Private Reply Replies (0) Message Board

News Desk 2018

Jan 10, 2017 at 10:15 AM 107

The global aerospace fastener market is expected to reach $6.0 billion by 2021

IRVING, Texas, Jan. 10, 2017 (GLOBE NEWSWIRE) -- According to a new market report published by Lucintel, the future of the global aerospace fastener market looks promising with opportunities in commercial aircraft, regional aircraft, general aviation, helicopter, and military aircraft segments. The global aerospace fastener market is expected to reach an estimated $6.0 billion by 2021 at a CAGR of 6.0% from 2016 to 2021. The major drivers of growth for this market are increasing aircraft delivery, increase in demand for wide body aircraft, and introduction of new aircraft programs.

This report has 46 figures/charts and 22 tables spread through 122 pages. For more detail on this report please click link http://www.lucintel.com/aerospace_fastener_market_2016.aspx

In this market, fasteners are made with aluminum, steel, titanium, and other materials (superalloy). On the basis of its comprehensive research, Lucintel forecasts that titanium fasteners and other fasteners (superalloy) are expected to show above average growth during the forecast period.

Within the aircraft type, commercial aircraft segment is expected to remain the largest market during the forecast period as commercial aircraft has the largest number of fasteners when compared to any other aircraft.

North America is expected to remain the largest region due to high demand for newer aircraft and replacement of ageing fleet. Aircraft fastener demand is directly proportional to aircraft delivery. APAC is expected to witness the highest growth over the forecast period due to growth in aircraft manufacturing.

For business expansion, Lucintel’s report suggests new product development to provide better corrosion resistant properties, higher strength, and weight reduction. The report further suggests the development of partnerships with customers to create win-win situations.

Emerging trends, which have a direct impact on the dynamics of the industry, include increase in penetration of titanium fasteners due to compatibility with composite parts and increase in usage of titanium bolts in areas where high strength is required. Alcoa, Precision Castparts Corp., Lisi Aerospace, Stanley Engineered Fastening, National Aerospace Fasteners Corp., B&B Specialities, Inc., and Trimas are among the major suppliers of aerospace fasteners.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global aerospace fastener market by aircraft type, material type and region, and has compiled a comprehensive research report entitled “ Growth Opportunities in the Global Aerospace Fastener Market 2016-2021: Trends, Forecast, and Opportunity Analysis .” This Lucintel report serves as a springboard for growth strategy, as it provides a comprehensive data and analysis on trends, key drivers, and directions.

Download Free PDF Report Brochure here http://www.lucintel.com/rb/aerospace_fastener..._2016.aspx

The study includes a forecast for the global aerospace fastener market by aircraft type, material type, and region, as follows:

By Material Type (Value ($ million) from 2010 to 2021):

Aluminum fastener
Steel fastener
Titanium fastener
Other fastener

By Aircraft Type (Value ($ million) from 2010 to 2021):

Commercial aircraft
Regional aircraft
General aviation
Helicopter
Military aircraft

By Product Type (Value ($ million) 2015):

Rivets
Bolts
Others

By Region (Value ($ million) from 2010 to 2021):

North America
Europe
Asia Pacific
Rest of World

Browse related reports from here http://www.lucintel.com/reports/aerospace_def...eport.aspx

This 122-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link http://www.lucintel.com/toc/aerospace_fastene..._2016.aspx or helpdesk@lucintel.com .

Click here to download sample http://www.lucintel.com/ds/aerospace_fastener..._2016.aspx

Visit Lucintel Blog Here: http://www.lucintel.com/blog/

About Lucintel Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com .

Connect with us on LinkedIn here https://www.linkedin.com/company/lucintel?trk=top_nav_home

Roy Almaguer Director of Client Engagements Tel. +1-210-878-7693 roy.almaguer@lucintel.com

Newer

Older

Scroll down for more posts ▼

Top 10 Most Recent News Articles

Advenica: Rising Star in Secure File Transfer Market

Advenica's Ascent in Secure File Transfer The cybersecurity world never sleeps, and with the rapid pace of digital threats, it's no surprise that secure file transfer solutions are becoming hotter commodities than coffee pots on Wall Street. Advenica, a name that might not ring a bell for everyone, has emerged as an 'Emerging Leader' in MarketsandMarkets' latest...

KuCoin's KCUSD Tackles Stablecoin Idle Capital Problem

KuCoin's Bold Move with KCUSD Folks, the cat's outta the bag with KuCoin's latest maneuver—introducing KCUSD. At first glance, it seems like they're just introducing another fancy stablecoin product, but peel the onion and there's more to it. We're talking about shaking up how stablecoins sit tight doing nada in the crypto world. KCUSD is out to make those idle balances...

Europe's Largest Carbon Capture Facility Launches

A New Chapter in Industrial Decarbonization Today's not just your average ribbon-cutting ceremony; it's a landmark turn in our journey toward a cleaner Europe. Yara's Sluiskil plant in the Netherlands just fired up Europe's biggest carbon capture facility, marking a crucial pivot point in industrial decarbonization. We're talking about capturing a staggering 800,000 tons...

Sungrow's MGTL Series: A Game-Changer in Solar Tech

Smarter Energy Systems Are Here Gone are the days when solar inverters were just clunky bits of tech you threw on a roof. Sungrow's latest MGTL Series, revealed in Da Nang, marks a revolutionary step for Southeast Asia, Africa, Latin America, and beyond. They're not just talking the talk—they're bringing real innovation to the table. Why the MGTL Series Stands Out Look,...

Snack Bars Market to Hit $32.66B by 2031: Growth and Challenges

Snack Bars Navigate a Transforming Market There's a headwind in the snack bars market as it looks to lift off from $21.94 billion and land at $32.66 billion by 2031. That's a solid climb at an 8.28% CAGR. What's fueling this leap? A desire for convenient, portable nutrition that's squeezing into every nook of modern life—from the gym to the car, to your kid's lunchbox....

Michigan Roof Inspections: Seasonal Insights That Count

Weather's Wrath and the Michigan Roof Here's the deal: Michigan doesn't mess around when it comes to weather. We're talking harsh winters with piles of snow, followed by muggy summers that toss storms like they're confetti. Keeping that roof in top shape isn't just some luxury; it’s a downright necessity. Gut-punch reality? Many ignore it until it's too late. That's...

53% of European Telecom Users Eye Provider Switch

Change Is Brewing in Europe's Telecom Markets Seems like Europe's telco scene is simmering. Over half of consumers in major European markets are giving their mobile providers the side-eye, ready to jump ship. That's putting the heat on operators who once banked on loyalty programs to keep their customer base intact. Diverse Loyalty Challenges Across Europe What's...

Overpricing in Atlanta Luxury Real Estate: Risks & Rewards

When Pricing Sends the Wrong Message Jump into the high stakes poker game of Atlanta's luxury real estate, and you'll find that pricing strategy is your make-or-break move. Jud Whitlock, a seasoned veteran over at Atlanta Fine Homes/Sotheby's International Realty, lays it all down: in this digital age, pricing too high is akin to waving a red flag at savvy buyers armed...

Thermoplastic Polyimide: A $0.86 Billion Market by 2032

It's not often you get hyped about a compound with a name like 'thermoplastic polyimide,' but hold your horses—this isn't just any chemical. If you're watching markets with a sharp eye, you’ll see this thing estimated at $0.56 billion in 2026, gunning for a hefty $0.86 billion by 2032. We're talking about a solid 7.4% CAGR ride here folks, according to new data from...

DNOW Faces Class Action: Proxy Missteps Under Fire

DNOW's Rough Patch: Investors, Beware Here's a tangled mess for you: DNOW Inc., a name that should've been cruising post-merger, now finds itself smack in the middle of a class action lawsuit. Blame it on some botched acquisition moves with MRC Global Inc. The suits claim DNOW's management may have played fast and loose with the truth during their big merger spiel. When...