Market Values:
The Global Industrial Fasteners Market reached a valuation of US$ 88.26 billion in 2022, and it is estimated to exhibit a Compound Annual Growth Rate (CAGR) of 3.5% over the forecast period.
Report Scope:
The Industrial Fasteners Market report encompasses an in-depth analysis of market trends from 2022 to forecasted trends through 2029. The base year for the report is 2022, with real output data from companies shaping the numbers. The impact of the COVID-19 pandemic on demand, supply, and the market for the next two years is also scrutinized. The research methodology employed ensures a comprehensive and accurate representation of the market dynamics.
Research Methodology:
To compile this report, an exhaustive research methodology was adopted, considering the base year as 2022. The report evaluates the impact of lockdowns on demand and supply, offering insights into the market’s trajectory for the next two years.
Details insights on this market, request for methodology here : https://www.maximizemarketresearch.com/request-sample/29316
Dynamics:
The report identifies key dynamics influencing the Industrial Fasteners Market, including the growing mechanization and industrialization, demand for machinery and equipment, and the impact of the COVID-19 pandemic on key players in the market. It delves into the opportunities presented by miniaturization in various end-user industries and examines the slowdown in industrial production, which can impact fastener demand.
Regional Insights:
Despite challenges at the domestic level, the Asia Pacific region remains the largest in the world, representing over 45% of global output. The region’s emergence as a high-growth sector, driven by foreign investments in manufacturing, makes it an attractive hub for fastener demand. In India, government initiatives for industrial development and smart cities are expected to boost the demand for fasteners. The U.S. Fastener Industry, a vital segment of the U.S. industrial sector, contributes significantly to the economy.
Market Segment Analysis:
The report segments the Industrial Fasteners Market based on raw materials (plastic and metal) and applications. The metal segment, owing to its high tensile strength and enhanced lifespan, is expected to account for a significant revenue share. In terms of applications, the automotive segment is anticipated to dominate the market, with over 33% share in 2020, driven by the production of commercial and passenger vehicles.
Strategic Insights:
Key insights highlight the need for innovative technologies and product development in the fastening industry. Emphasis is placed on the production of functional and miniature fasteners to meet evolving market demands. Unconventional fastener materials are playing a role in offering benefits with all-metal fasteners. Key players are urged to focus on understanding modern capabilities and market shifts to shape the future of the fastener industry.
Conclusion:
The Global Industrial Fasteners Market Report aims to provide a comprehensive analysis for stakeholders in the industry. The report covers the past and current status of the industry, with forecasted market size and trends. It includes a detailed study of key players, market dynamics, and competitive analysis. The report serves as an invaluable guide for investors and decision-makers.
Speak with our research analyst: https://www.maximizemarketresearch.com/request-sample/29316
What is Industrial Fasteners Market Segmentation?
by Raw Material
Plastic
Metal
by Product
Externally Threaded
Internally Threaded
Non-Threaded
Aerospace Grade
Who are Industrial Fasteners Market Key Players?
1. Penn Engineering & Manufacturing Corporation
2. KOVA Fasteners Pvt. Ltd.
3. Acument Global Technologies Inc.
4. Arconic Inc.
5. Standard Fasteners Ltd.
6. Decker Industries Corporation
7. Brunner Manufacturing Co., Inc.
8. Eastwood Manufacturing
9. Stanley Black & Decker Inc.
10. MW Industries Inc.
11. Illinois Tool Works
12. Bulten AB
13. MacLean-Fogg Company
14. MISUMI Group Inc.
15. Nifco Inc.
16. Fortana Group
17. Hilti Corporation
18. LISI Group
19. Precision Castparts Corp.
20. The SFS Group
21. A&G Fasteners
22. SA Fasteners.
To Gain More Insights into the Market Analysis, Browse Summary of the Research Report : https://www.maximizemarketresearch.com/market-report/global-industrial-fasteners-market/29316/
Table of content for the Industrial Fasteners Market includes:
- Global Industrial Fasteners Market : Research Methodology
- Global Industrial Fasteners Market : Executive Summary
- Market Overview and Definitions
- Introduction to the Global Market
- Summary
- Key Findings
- Recommendations for Investors
- Recommendations for Market Leaders
- Recommendations for New Market Entry
- Global Industrial Fasteners Market : Competitive Analysis
- MMR Competition Matrix
- Market Structure by region
- Competitive Benchmarking of Key Players
- Consolidation in the Market
- M&A by region
- Key Developments by Companies
- Market Drivers
- Market Restraints
- Market Opportunities
- Market Challenges
- Market Dynamics
- PORTERS Five Forces Analysis
- PESTLE
- Regulatory Landscape by region
- North America
- Europe
- Asia Pacific
- Middle East and Africa
- South America
- COVID-19 Impact
- Company Profile: Key players
- Company Overview
- Financial Overview
- Global Presence
- Capacity Portfolio
- Business Strategy
- Recent Developments
Key Offerings:
- Past Market Size and Competitive Landscape
- Industrial Fasteners Market Size, Share, Size & Forecast by different segment |
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Industrial Fasteners Market Segmentation – A detailed analysis by Product
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
About Us
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
- MAXIMIZE MARKET RESEARCH PVT. LTD.
- ⮝ 3rd Floor, Navale IT park Phase 2,
- Pune Banglore Highway, Narhe
- Pune, Maharashtra 411041, India.
- ✆ +91 9607365656
