Aircraft Fasteners Market Set to Reach US$ 10.2 Billion by 2032, Reports Stratview Research

Stratview Research, a leading global market research firm, forecasts that the global aircraft fasteners market will grow at an annual rate of 2.8%, reaching US$ 10.2 billion by 2032. The report provides a detailed outlook on regional and global markets, emerging trends, segment analysis, competitive landscape, and key market drivers.

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Key Report Highlights:
• Market Size by 2032: US$ 10.2 billion
• Growth Rate (CAGR): 2.8% (2025-2032)
• Forecast Period: 2025-2032
• Trend Period: 2019-2023
• Base Year: 2024
• Segments Covered: 7
• Number of Tables & Graphs: 100+

The report serves as a comprehensive decision-making tool for key stakeholders such as CXOs, business strategists, and investors, offering:
• Strategic Clarity: Insights into market trends, growth opportunities, and emerging challenges to streamline business strategies.
• Competitive Intelligence: Analysis of top players, their market positioning, and innovative strategies driving their success.
Future Readiness: A detailed outlook on evolving market dynamics, technological advancements, and industry disruptions.

Segment Insights on the Aircraft Fasteners Market:
The report dives deep into the segmentation of the aircraft fasteners market based on critical parameters:

• By Aircraft Type: The aircraft fasteners market is segmented into commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation. Commercial aircraft is anticipated to dominate, mainly due to high passenger demand and frequent maintenance needs. Larger fleet sizes and higher usage frequency in commercial aviation, compared to military or general aviation, also contribute significantly to its dominance in the market. Key drivers of this growth include increased production rates of major aircraft programs, the launch of fuel-efficient commercial models, the introduction of new programs such as the C919, B777x, and MC-21, and the expanding global aircraft fleet.
Military aircraft is the second-leading category of the market, as the demand for advanced fighter jets has increased significantly in recent years. The rising geopolitical tensions and security challenges have pushed many countries to upgrade their air forces, leading to heavy investments in the development and procurement of advanced fighter jets.

• By Product Type: The market is segmented into bolts, rivets, nuts, screws, pin fastening systems, and other product types. Nuts are projected to remain the dominant product, primarily due to their extensive use in aircraft assembly, where they are paired with bolts or screws to secure structural components. Their versatility and ease of use, along with the fact that they can be easily removed and reused, make them an essential fastening solution, especially in situations where regular maintenance or part replacements are necessary. Also, the availability of different types of aerospace-grade nuts, like self-locking nuts, wrenchable nuts, flange nuts, etc., ensures compatibility with various applications and materials, contributing to their continued dominance.
In contrast, rivets are expected to witness the fastest growth over the next eight years, driven by their benefits, including high strength, durability, resistance to vibration, quick installation, reliability, and ease of inspection and maintenance. Besides being strong and reliable, rivets are also quick to install and easy to check or replace during maintenance. These practical features make them a popular choice both when building aircraft and when carrying out repairs.

• By Fastener Type: The market is segmented into specialty fasteners and non-specialty fasteners. Non-specialty fasteners are projected to remain the dominant fastener type in the market during the forecast period due to their cost-effectiveness compared to specialized options. Non-specialty fasteners include common fasteners like nuts, bolts, and screws, which are widely used across various aircraft systems for their reliability, availability, and ease of installation. Their simplicity and lower cost make non-specialty fasteners a preferred choice for high-volume assembly tasks where advanced or customized solutions are not necessary.
However, specialty fasteners are anticipated to witness the fastest growth during this period, driven by advantages such as quicker assembly and suitability for surfaces that cannot accommodate holes. These fasteners are designed for specific or challenging use cases where traditional fasteners may not be ideal. These benefits are prompting airframers, notably Airbus, to transition from traditional fasteners to specialty options, particularly blind fasteners

• By Application Type: The market is segmented into the airframe, flight control surfaces, interior, engine, and other application types. The airframe is projected to remain the largest application area and is also expected to record the fastest growth during the forecast period. The airframe is the central framework and the largest structure in an aircraft, consisting of the fuselage, wings, empennage (tail section), and landing gear, most of which are secured with fasteners.
The massive number of fasteners needed for the airframe, along with their crucial role in maintaining the aircraft's safety and performance, creates a steady and high demand in this category. Aircraft airframes go through regular inspections, maintenance routines, and experience wear and tear from flight stress, environmental factors, and material fatigue. These challenges often require fasteners to be replaced or reinforced to ensure the aircraft remains airworthy.

• By Material Type: The market is segmented into titanium, steel, and other materials. Titanium is expected to remain the most preferred material and the fastest-growing material type in the coming years. The ongoing replacement of steel and other heavy metal-based fasteners with titanium fasteners is driven by their lightweight nature, excellent strength-to-weight ratio, and corrosion resistance. These properties are particularly important in aircraft, where weight reduction enhances fuel efficiency and payload capacity.
There is good compatibility between titanium and composite structures, creating a shift in industry players to switch towards titanium fasteners despite their high cost. A350, B787, and military aircraft programs, such as F-22, F/A-18, F-35, and the UH-60 Black Hawk helicopter, are among some of the key aircraft programs that have incorporated large quantities of titanium components, including fasteners. Additionally, titanium fasteners offer reliable and durable fastening solutions, further contributing to market growth during the forecast period.

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Which Region Shows the Most Promising Growth Forecast and Opportunity?
North America is expected to remain the largest market for aircraft fasteners during the forecast period. As the region's primary growth driver, the USA boasts the world's largest fleet of military aircraft and one of the largest commercial fleets. Key OEMs in the USA, including Boeing, Lockheed Martin, Bell Helicopter, Gulfstream Aerospace Corporation, and Cessna Aircraft Company, contribute significantly to the demand for fasteners.
Meanwhile, the Asia-Pacific region is expected to experience the highest growth during the same period. China and India are the main drivers of this growth, fueled by increasing demand for commercial aircraft to meet rising passenger traffic, the establishment of assembly plants for Boeing and Airbus in China, and the commercial launch of the indigenous COMAC C919 commercial aircraft.

Aircraft Fasteners Market Drivers:
The growth of the aircraft fasteners market is driven by a combination of macroeconomic factors, evolving industry needs, and technological innovation. Companies are recognizing the need to adapt to shifting market dynamics and are increasingly investing in research, product development, and strategic alliances to maintain their market edge.
Some of the key factors producing measurable change in the market dynamics are as follows:
• The development of lightweight and corrosion-resistant fasteners.
• Increase in air passenger traffic supporting the rise in aircraft production.
• The market entry of new players such as COMAC and Irkut.
• An increasing aircraft fleet size.

Top Companies in the Aircraft Fasteners Market:
The report profiles prominent companies operating in the aircraft fasteners market, providing detailed insights into their market positioning, key strategies, and competitive advantages. Listed below are some of the key players.
• Howmet Aerospace
• Precision Castparts Corp.
• LISI Aerospace
• Stanley Black & Decker Inc.
• TriMas Corporation
• National Aerospace Fasteners Corporation
• Avantus Aerospace

What Unique Insights Does This Report Offer?
This comprehensive report also answers the following critical questions:
• What is the projected market size and growth potential?
• Which regions and segments are most lucrative for investment?
• Who are the major players, and what are their strategies?
• What challenges and opportunities exist in the market?
• What key trends are shaping the market's future?

For Customization or Any Other Queries, get in Touch with Our Industry Experts at: sales@stratviewresearch.com

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Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
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