Press release
Automotive Fastener Market is Set to Fly High in Years to Come
Market Insights Report published a new research publication on "Automotive Fastener Market Insights, to 2032" 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 key players profiled in the study are:
Acument Global Technologies Inc., ARaymond Network, Bollhoff Group, Bossard Group, Bulten AB, Fontana Gruppo S.p.A., Illinois Tool Works Inc. (ITW), KAMAX Holding GmbH & Co. KG, LISI Automotive, Nifco Inc., Norma Group SE, Stanley Black & Decker, Inc., Sundram Fasteners Limited, TR Fastenings Limited, Wurth Group.
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Scope of the Report of Automotive Fastener
The size of the Automotive Fastener Market was valued at USD 17.3 Billion in 2023 and is projected to reach USD 25.17 Billion by 2032, with an expected CAGR of 5.5% during the forecast period. The Automotive Fastener Market specializes in providing fastening solutions for building, putting together, and fixing cars. Fasteners, like bolts, nuts, screws, clips, rivets, and washers, play a vital role in fastening different sections of a vehicle, such as the engine, chassis, and interior. The growing need for lightweight, durable, and corrosion-resistant materials in line with changing automotive safety, performance, and fuel efficiency standards is fueling the market. With the increasing production of vehicles, particularly in the electric vehicle (EV) industry, the need for specialized fasteners is also on the rise to support advanced materials like aluminum, composites, and carbon fiber.
The titled segments and sub-section of the market are illuminated below:
by Capacity (Threaded, Non-threaded), by Material (Steel, Plastic, Others), by Characteristics (Permanent, Non-permanent), by Application (Passenger Car (PC), Light Commercial Vehicle (LCV), Heavy Commercial Vehicle (HCV)), by Distribution Channel (Automotive OEM, Aftermarket)
Market Drivers:
Rising demand for connected vehicles, Regulatory mandates, Advancements in technology, Growing fleet management needs, Emerging electric vehicle market
Market Trends:
Smart fasteners
Sustainable fasteners
3D printing of fasteners
Restrains:
Data security concerns, High initial investment
What can be explored with the Automotive Fastener Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyse and Measure the Global Automotive Fastener Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Automotive Fastener
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Automotive Fastener Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Automotive Fastener market
Chapter 2: Exclusive Summary - the basic information of the Automotive Fastener Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Automotive Fastener
Chapter 4: Presenting the Automotive Fastener Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2023
Chapter 6: Evaluating the leading manufacturers of the Automotive Fastener market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Automotive Fastener Market is a valuable source of guidance for individuals and companies.
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Market Insights Report is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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