Global Aerospace Fasteners Market to Reach 7.07% CAGR over 2023-2030

Global Aerospace Fasteners Market is predicted to reach USD 7.74 billion at a CAGR of 7.07% during the forecast period:

Market Research Future (MRFR) has published a cooked research report on the “Global Aerospace Fasteners Market” that contains information from 2018 to 2030.  The Global Aerospace Fasteners Market is estimated to register a CAGR of 7.07% during the forecast period of 2023 to 2030.

MRFR recognizes the following companies as the key players in the Global Aerospace Fasteners Market —  3V Fasteners Company (US), TriMas (US), Alcoa Corporation (US), Arconic Inc (US), B&B SpecialtiesInc (US),  Ho-Ho-Kus Inc (US), TFI Aerospace (Canada), The Boeing Company (US), National Aerospace Fasteners Corporation (Taiwan)

Market Highlights

The Aerospace Fasteners Market is accounted to register a CAGR of 7.07% during the forecast period and is estimated to reach USD 7.74 billion by 2030.

The aerospace fasteners market has been experiencing steady growth over the years, driven by factors such as increasing air passenger traffic, growing demand for new aircraft deliveries, and rising defense expenditure in various countries. The market encompasses a wide range of fasteners, including rivets, bolts, screws, nuts, and pins, among others, which are used in different applications within the aerospace sector.

Segment Analysis

The Global Aerospace Fasteners Market has been segmented based Product, Material, End-user

The   Aerospace Fasteners market segmentation, based on Product, includes Nuts & Bolts, Rivets, Screws and others. The Rivets segment dominated the market, accounting for 65-68% of market revenue. There will be considerable demand for the rivets section throughout the anticipated time. Due to its benefits over alternative fasteners, rivets are now used more frequently in the manufacture of airplanes, which is the cause of this expansion. Rivets provide benefits such as solid connection to aerostructure, excellent reliability when exposed to vibration, and time-consuming installation. Due to their benefits, rivets are predicted to become increasingly popular in the assembly and production of aerostructures, which will increase passenger safety.

The   Aerospace Fasteners market segmentation, based on Material, includes Aluminum, Alloy Steel, and Titanium. The Titanium category generated the most income. Fasteners made of superalloys or titanium are more in demand as manufacturers of aerostructures need more and more robust and highly dependable fastening. The advantages of titanium fasteners are excellent heat resistance, low weight, and good stiffness under adverse situations.

Based on End Users, the   Aerospace Fasteners industry has been segmented into Fuselage, Control Surfaces and Interior, neurology clinics, and others. Fuselage held the largest segment share in 2022. The highest market revenue share in 2022 belonged to the fuselage segment, which is anticipated to grow quickly over the projected period. The Fuselage is the primary structural element that typically serves as an aircraft's structure. Aluminum fuselages were utilized in the past, but modern aircraft are built using composite-based fuselages because they lessen the risk of damage to the aircraft's body while still performing well. The rise in revenue for this market segment is driven by rising aircraft demand.

Regional Analysis

The Global Aerospace Fasteners Market, based on region, has been divided into North America, Europe, Asia-Pacific and the Rest of the World. North America has a significant presence in the aerospace industry with major aircraft manufacturers and suppliers based in the region. The United States, in particular, is a hub for aerospace manufacturing. The demand for aerospace fasteners in North America is driven by the high production rate of commercial and military aircraft. The presence of key players, such as Boeing and Lockheed Martin, contributes to the growth of the aerospace fasteners market in this region.

Europe is another prominent region in the aerospace industry. Countries like France, Germany, and the United Kingdom have a strong presence in aircraft manufacturing and assembly. The European aerospace fasteners market benefits from the demand generated by leading aerospace companies like Airbus. Additionally, the region has a robust network of aerospace suppliers and manufacturers, which supports the growth of the market.

The Asia-Pacific region has emerged as a significant player in the aerospace industry in recent years. Countries like China and India are investing heavily in aerospace manufacturing and have witnessed rapid growth in the sector. The increasing demand for commercial aircraft, coupled with the expanding defense budgets in the region, drives the demand for aerospace fasteners. Moreover, the presence of a large number of aerospace component manufacturers and suppliers in countries like Japan and South Korea contributes to the market growth in this region.

Key Findings of the Study

• The Global Aerospace Fasteners Market is expected to reach USD 7.74 billion by 2030 at a CAGR of 7.07% during the forecast period.


• North America has a significant presence in the aerospace industry with major aircraft manufacturers and suppliers based in the region. The United States, in particular, is a hub for aerospace manufacturing.


• The Aerospace Fasteners market segmentation, based on Product, includes Nuts & Bolts, Rivets, Screws and others. The Rivets segment dominated the market, accounting for 65-68% of market revenue.


• 3V Fasteners Company (US), TriMas (US), Alcoa Corporation (US), Arconic Inc (US), B&B SpecialtiesInc (US), Ho-Ho-Kus Inc (US), TFI Aerospace (Canada), The Boeing Company (US), and National Aerospace Fasteners Corporation (Taiwan)