DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/rsg53z/global_aerospace) has announced the addition of the "Global Aerospace Fasteners Market 2016-2020" report to their offering.
The report expects the global aerospace fasteners market to steadily grow during the forecast period, posting a CAGR of more than 7%. Aerospace fasteners are widely used in commercial and military aircraft, ballistic missiles and rockets, and they are also offered in aftermarket service. The aerospace industry makes use of a wide range of fasteners such as bolts, nuts, screws, rivets, pins, and hi-locks.
The growing demand for air travel worldwide has resulted in an increased demand for commercial aircraft fleet, which is a major driver stimulating the growth of the aerospace fasteners market globally. Many countries are investing in the acquisition of military planes, helicopters, and transport aircraft.
The aerospace fastener manufacturers are increasingly focusing on emerging regions like Mexico, Brazil, India, and North Africa because of their high demand for aircraft. This offers opportunities for third-party companies to collaborate with OEMs and open MRO service centers in these regions.
With a market share of more than 59%, the commercial aerospace segment holds the largest share of the global aerospace fasteners market in 2015. The commercial aerospace market is predicted to reach approximately $5 billion in revenue and will continue its dominance until 2020.
At present, the Americas dominates the aerospace fasteners market with many attractive investments contributing to its growth. The mergers of major airlines in the US is one of the main reasons driving the growth of the market as these airlines are investing in advanced technology and upgrading fasteners to enhance their flight safety and operations, thus having a positive impact on the market.
- 3V Fasteners
- B&B Specialties
- LISI Aerospace
- CDP Fastener Group
- National Aerospace Fasteners
- Stanley Aerospace Fastening
- TFI Aerospace
- Wesco Aircraft Holdings
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Global aerospace and defense supply chain system
PART 07: Global aerospace and defense value chain system
PART 08: Market segmentation by application
PART 09: Market share by applications
PART 10: Geographical segmentation
PART 11: Market drivers
PART 12: Impact of drivers
PART 13: Market challenges
PART 14: Impact of drivers and challenges
PART 15: Market trends
PART 16: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/rsg53z/global_aerospace