Press release
Automotive Fasteners Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Illinois Tool Works Inc, KAMAX Holding GmbH & Co. KG, Lisi S.A., Stanley Black & Decker, Bulten AB, Nifco Inc
Automotive Fasteners Global Market Report
The Business Research Company presents an extensive market research report on the Automotive Fasteners Global Market Report 2024, furnishing businesses with a competitive edge through a detailed examination of the market structure, encompassing estimates for various segments and sub-segments.
Furthermore, the report highlights on emerging trends, significant drivers, challenges, and opportunities, providing all necessary data for thriving in the industry. This report market research offers a comprehensive perspective, including an in-depth analysis of the present and future scenarios within the industry.
Market Sizing:
The automotive fasteners market size has grown steadily in recent years. It will grow from $27.74 billion in 2023 to $28.65 billion in 2024 at a compound annual growth rate (CAGR) of 3.3%. The growth in the historic period can be attributed to increased automobiles production, increased demand for commercial vehicles, and strong economic growth in emerging markets.
The automotive fasteners market size is expected to see steady growth in the next few years. It will grow to $31.81 billion in 2028 at a compound annual growth rate (CAGR) of 2.7%. The growth in the forecast period can be attributed to increasing demand for electric vehicles and supportive government regulations. Major trends in the forecast period include launching self-clinching fasteners, developing new technological solutions, launching lightweight carbon fiber fasteners, launching new, innovative products, undergoing partnerships and collaborations.
Request for free sample report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=7141&type=smp
Key Market Players:
Major companies operating in the automotive fasteners market report are Illinois Tool Works Inc, KAMAX Holding GmbH & Co. KG, Lisi S.A., Stanley Black & Decker, Bulten AB, Nifco Inc, PennEngineering, Sundram Fasteners Limited, The SFS Group AG, Agrati, KOVA Fasteners Pvt. Ltd., Deepak Fasteners Limited (DFL), TorqBolt Inc., Jyoti Engineering (Jyoti), Boltport Fasteners (BPF), Kaloti Group of Companies, Ananka Fasteners Manufacturers, Caliber Enterprises (India), Yijin Hardware Co., Ltd, Shanghai Jianxin Hardware Co., Ltd, Jiaxing Qimu Trading Co., Ltd., Handan Zhongpin Fasteners Manufacturing Co., Ltd, Tianjin Fine Fasteners Co., Ltd, Tucker GmbH, Keller & Kalmbach GmbH, GWR Fasteners Limited, Kebrell Nuts & Bolts Ltd, FASTENEX, S.L., Rivit s.r.l., Bontempi Vibo, TR VIC Italy, Fiera srl, Zavod Signal, Ideal-Plast LLC, LitPromGarant -NN LLC, Proftruba LLC, Coba Automotive Rus LLC, Spring Alians LLC, Ural Spring Plant, Nedschroef, Zwick Roell Group, Belenus of Brazil S / A, METALAC, Fastener SRL, BULONERA BAF SRL, AI-Rashed Fasteners, Prince Fasteners Manufacturing Co Ltd, Petrofast Middle East FZC, Asia Bolts Industries LLC, EJOT Middle East, TripleFast Middle East, Kuban Karare, Phillips screw company, Westfield Fasteners Limited
Market Drivers:
The increasing demand for electric vehicles is expected to propel the growth of the automotive fasteners market going forward. 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. For instance, according to a study by Bloomberg New Energy Finance (BNEF) report, electric vehicles will account for 10% of global passenger vehicle sales by 2025, rising to 28% in 2030 and 56% in 2040. Therefore, the rise of electric vehicles will drive the growth of the automotive fasteners market.
Learn More About The Market Report -
https://www.thebusinessresearchcompany.com/report/automotive-fasteners-global-market-report
The automotive fasteners market covered in this report is segmented -
1) By Product: Threaded, Non-Threaded
2) By Material Type: Iron, Steel, Aluminium, Brass, Plastic, Other Material Types
3) By Propulsion: IC (Internal Combustion) Engine Vehicles, Electric Vehicles, Hybrid And Alternative Fuel Vehicles
4) By Application: Engine, Chassis, Transmission, Steering, Front Or Rear Axle, Interior Trim, Other Applications
The report answers the following questions:
What are the primary factors propelling the market during the projected period?
In which region is the most substantial growth expected?
Which trend will take center stage in the upcoming period?
Want To Know More About The Business Research Company?
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
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 "
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise 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 Automotive Fasteners Market 2024-2033 : Industry Analysis, Size, Share, Growth And Forecast | Illinois Tool Works Inc, KAMAX Holding GmbH & Co. KG, Lisi S.A., Stanley Black & Decker, Bulten AB, Nifco Inc here
News-ID: 3376744 • Views: …
More Releases from The Business Research Company
Event Camera Module Market Landscape to 2034: Key Forces Shaping the Next Decade …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Event Camera Module Industry Market Size Be by 2025?
The market for event camera modules has experienced swift expansion in the past few years. Expectations are to see it rise from $3.82 billion in 2024 to $4.53 billion in 2025, with a compound annual growth rate…
Enterprise Imaging Information Technology (IT) Market Poised to Hit $3.89 Billio …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Enterprise Imaging Information Technology (IT) Market Size By 2025?
The size of the enterprise imaging information technology (IT) market has seen significant expansion in the past few years. Its size is predicted to escalate from $2.10 billion in 2024 to $2.39 billion in 2025, reflecting…
Key Trends Reshaping the Electronic Payment Processing Market: Enhancing Transac …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Electronic Payment Processing Market Size Growth Forecast: What to Expect by 2025?
The market size of electronic payment processing has seen a swift surge in recent years. It's set to expand from $100.73 billion in 2024 to $112.36 billion in 2025, boasting a compound annual growth rate (CAGR) of…
Increasing Proliferation Of Internet Of Things (IoT) Devices Fueling The Growth …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Edge Artificial Intelligence Accelerator Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of the edge artificial intelligence accelerator has witnessed a significant surge recently. It is projected to expand from $8.28 billion in 2024 to $11.10 billion in 2025, boasting a compound…
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…
