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Size, Share and Growth Insight of Aerospace Fasteners Market 2019 – Analysis by Top Key Players Like 3V Fasteners Company, Aloca, B&B Specialties, KLX, LISI, CDP Fastener Group, National Aerospace Fasteners Forecast Till 2023

02-18-2019 11:13 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

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Aerospace Fasteners Market

Aerospace Fasteners Market

The Aerospace Fasteners Market is expected to grow at a CAGR of 7.85% during the period 2017-2023 - Global Aerospace Fasteners Market Information by Application (Commercial Aerospace and Military), Aircraft Class (Commercial Aircraft & Military Aircraft), and Region (Americas (North and Latin), Europe, Asia Pacific, Middle East & Africa)- Forecast To 2023.

Aerospace Fasteners Market Overview:
The aerospace industry use wide range of fasteners such as nuts, bolts, screws, rivets, pins and high locks during the making of aircraft and its parts. The factors driving the market growth are growing demand for aircraft, use of titanium fasteners, fleet utilization, and aircraft replacement has strengthen the line fit and retrofit Aerospace Fasteners Market. Market Research Future predicts the market to grow at a “CAGR of around 7%” during the forecast period, to reach $9 billion.

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Next generation aircraft like A320 family, B787, B777X, and A380 constitute approx. 2.4 million to 3 million fasteners in an aircraft. The combined backlog of Boeing and Airbus as of today has an order book of close to 12,000 aircraft, representing between eight and 10 years’ production. Majority of backlogs are for A320 family aircraft and B737Max. Thus, the demand for fasteners will significantly grow in the forecast period.
Access the market data and information presented through over 60 tables and figures spread 80+ pages of the project report. Avail in-depth table of content (TOC) & market synopsis on “Global Aerospace Fasteners Market” Research Report- Forecast to 2021

Key Players in Aerospace Fasteners Market:

The global Aerospace Fasteners Market is highly competitive, and vendors compete based on cost, product quality, reliability, and aftermarket service. To survive and succeed in such a competitive environment, it is important for vendors to provide cost-effective and high-quality aerospace fasteners with latest technology and materials.

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• 3V Fasteners Company(U.S.)
• Aloca (U.S.)
• B&B Specialties(CA)
• KLX(U.S.)
• LISI (France)
• CDP Fastener Group(MA)
• National Aerospace Fasteners (Taiwan)
• Stanley Aerospace Fastening(USA)
• TFI Aerospace(Canada)
• Wesco Aircraft Holdings(U.S.)

Intended Audience in Aerospace Fasteners Market:

• Distributer & Supplier companies
• End Users
• Consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

Market Regional Analysis:
The Americas is home to a few of the world's most renowned commercial aircraft and business jet manufacturers, namely, Boeing, Bombardier, Gulfstream, and Embraer. Companies such as Boeing often engage in R&D projects with the manufacturers of aerospace fasteners. U.S., in particular, is making substantial investments in producing advanced fastening systems, which will be integrated across modern fighter jets and MEA such as Boeing 787.

North America extensively invests in the aerospace titanium fasteners, and generates a very high demand for these fastening systems. Although, Brazil and Canada make some investments in the development of these fastening systems, yet the market is primarily dominated by the U.S.

The mergers of major airlines in the U.S. (American Airlines with US Airways, United with Continental, Delta with Northwest, and Southwest with AirTran) have made the country’s airline industry the most profitable in the global aviation market. These airlines are investing in advanced technology and upgrading fasteners to enhance their flight safety and operations, which will have a positive impact on the market.

Similarly, Europe has been at the forefront of commercial aviation innovations, particularly with the recent nanotechnology-based innovations depicting the lightweight and energy-efficiency characteristics for metal-based components, which presents a number of opportunities for local manufacturers and stakeholders of aerospace fasteners. It develops advanced aerospace fasteners by unifying metallurgy with aeronautical excellence.

Access Full Report of Aerospace Fasteners Market @ https://www.marketresearchfuture.com/reports/aerospace-fasteners-market-1138

About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

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Email: sales@marketresearchfuture.com

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