Press release
Global Automotive Fasteners Market Forecast 2023-2032 - Size, Lucrative Segments And Leading Regions
Automotive Fasteners Market
The Business Research Company's Automotive Fasteners Global Market Report 2023 identifies increasing demand for electric vehicles as the major driver for the Automotive Fasteners market's growth in the forecast period. Electric vehicles refer to vehicles that have been either partially or fully powered by electricity. EV general infrastructure equipment and battery casings require high-quality fastenings to provide security settings.
The global automotive fasteners market size will grow from $27.38 billion in 2022 to $29.43 billion in 2023 at a compound annual growth rate (CAGR) of 7.5%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The size of automotive fasteners market is expected to grow to $37.42 billion in 2027 at a CAGR of 6.2%.
Download Free Sample Of Automotive Fasteners Market Report - https://www.thebusinessresearchcompany.com/sample_request?id=7141&type=smp
Major competitors in the Automotive Fasteners market are Bulten AB, KAMAX, Sundram Fasteners, Stanley Black & Decker, Shanghai Tianbao Fastener Manufacturing Co. Ltd., Penn Engineering, Lisi Group.
A key trend in the Automotive Fasteners market includes new technological advancements. Major players operating in the automotive fasteners sector are focused on advanced technical improvements and enhancements to lead the market. For instance, in February 2020, Bulten, a Sweden-based supplier of fasteners to the international automotive industry, launched BUFOe, a new product line focusing on energy efficiency. A mix of materials and a manufacturing process are employed in Bulten's new product line, BUFOe, which eliminates the need for heat treatment and produces a fastener with a greatly reduced environmental effect.
Read More On The Global Automotive Fasteners Market Report Here:
https://www.thebusinessresearchcompany.com/report/automotive-fasteners-global-market-report
The Automotive Fasteners market is segmented -
• By Product: Threaded, Non-Threaded
• By Material Type: Iron, Steel, Aluminum, Brass, Plastic, Other Material Types
• By Propulsion: IC (Internal Combustion) Engine Vehicles, Electric Vehicles
• By Application: Engine, Chassis, Transmission, Steering, Front/Rear Axle, Interior Trim, Other Applications
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Automotive Fasteners market.
The Business Research Company's "Global Automotive Fasteners Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Automotive Fasteners Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=7141
The Table Of Content For The Automotive Fasteners Market Include:
1. Executive Summary
2. Table Of Contents
3. List Of Figures
4. List Of Tables
5. Report Structure
……………………………………………………..
19. Company Profiles
20. Key Mergers and Acquisitions
21. Opportunities And Strategies
22. Conclusions And Recommendations
23. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn:https://in.linkedin.com/company/the-business-research-company
Twitter:https://twitter.com/tbrc_info
Facebook:https://www.facebook.com/TheBusinessResearchCompany
YouTube:https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog:https://blog.tbrc.info/
Healthcare Blog:https://healthcareresearchreports.com/
Global Market Model:https://www.thebusinessresearchcompany.com/global-market-model
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultantsspecialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Automotive Fasteners Market Forecast 2023-2032 - Size, Lucrative Segments And Leading Regions here
News-ID: 3280347 • Views: …
More Releases from The Business research company
Blockchain Distributed Ledger Technology (DLT) In The Financial Sector Market In …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Blockchain Distributed Ledger Technology (DLT) In The Financial Sector Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
Driven by growing interest and investments in blockchain research from financial institutions, the acceptance of blockchain technology for international payment purposes, the application of distributed ledger technology in…
Future of the Bitumen Impregnated Fibreboard Market: Strategic Analysis and Fore …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Bitumen Impregnated Fibreboard Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for bitumen impregnated fibreboard has witnessed substantial growth lately. Projected to rise from $1.14 billion in 2024 to $1.22 billion in 2025, the market anticipates a compound annual growth rate (CAGR)…
Advancing Benefits Management Through AI Patra's New Digital Platform Industry T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Benefits Management Services Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent years, the market size for benefits management services has witnessed accelerated growth. The market is projected to expand from $10.08 billion in 2024 to $11.16 billion in 2025, showing a compound annual…
Major Growth Driver Identified in 2025 Battery Operated Crown Staplers Market: G …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Battery Operated Crown Staplers Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of battery-operated crown staplers has experienced significant expansion in the past few years. Its valuation is projected to rise from $0.84 billion in 2024 to $0.92 billion in 2025, witnessing…
More Releases for Fastener
Marine Fastener Market Size Analysis by Application, Type, and Region: Forecast …
According to Market Research Intellect, the global Marine Fastener market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
Due to the growing worldwide maritime sector, the marine fastener market is expected to increase significantly. This increase…
Automotive Fastener Market Is Booming Worldwide | Illinois Tools Work, Atotech, …
Advance Market Analytics published a new research publication on "Automotive Fastener Market Insights, to 2030" with 232+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Automotive Fastener market was mainly driven by the increasing R&D spending across the world. Some of the Major Key Players…
Marine Fastener Market to Witness Huge Growth by Key Players: Go2marine,Bainbrid …
The Latest research report on the "Marine Fastener Market (2023-2029)" - A fundamental analysis of market categories and subdivisions, including product types, applications, companies, and regions, is provided in this industry research analysis. In this press release, we are thrilled to introduce the newest report on the Marine Fastener Market for the year 2023. This comprehensive report analyzes the current market trends, growth opportunities, challenges, and future prospects of the…
Engine Fastener Market 2032
The Engine Fastener Market Research Report provides an in-depth analysis of the market dynamics, key players, and competitive landscape of the Engine Fastener industry. It aims to provide valuable insights into the market trends, growth opportunities, and challenges faced by the industry stakeholders. The report serves as a comprehensive guide for businesses and investors looking to make informed decisions in the Engine Fastener business.
The Engine Fastener Market share is influenced…
Future fastener developing trends
AEROSPACE FASTENER DEMAND:
Fasteners-the small parts, but they are an indispensable key component to support and connect the entire aircraft. According to Boeing and Airbus' forecast, the global aircraft demand in the next 20 years will exceed 40,000 aircraft, which even does not include military airplanes and helicopters. The number of fastener demand on each aircraft is millions at least. In terms of aluminum fastener sizes, aerospace fasteners with a diameter…
Global Plow Bolts Market Analysis 2020 MW Industries, Canco Fastener, Shanghai T …
Plow Bolts: Regional and Global Market Opportunities - Key Competitors, Industry Segments, and Strategic Analysis, 2020-2025
The market study is primarily based on primary and secondary data collected through systematic research approach. The research approach is defined by expert market analysts in line with business consultants and international research standards. Economic, political, and environmental regulations for Plow Bolts market are examined to draw the conclusion on macroeconomic business environment. The market…
