Aerospace Fasteners Market expected to reach $7.73 Billion by 2021

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Aerospace Fasteners Market expected to reach
7.73 Billion by 2021, at a CAGR of 7.08 from
2016 to 2021 Exclusive Report by
MarketsandMarkets The report "Aerospace
Fasteners Market by Product (Rivets, Screws, Nuts
Bolts), Application (Interior, Fuselage,
Control Surface),
Aircraft Type (NBA, VLA, RTA, Business Fighter
Jets), End
WBA, Jets, User,
Material Type and Region - Global Forecast to
2021", The aerospace fasteners market is
projected to grow from USD 5.49 Billion in 2016
to USD 7.73 Billion by 2021, at a CAGR of
7.08. Increasing number of aircraft orders and
continuous demand for precision made,
technologically advanced fasteners are
some of the key factors expected to drive the
global aerospace fasteners market. Browse 90
market data Tables and 76 Figures spread through
156 Pages and in-depth TOC on "Aerospace
Fasteners Market - Global Forecast to 2021" Early
buyers will receive 10 customization on this
report. Rivets segment is estimated to account
for the largest market share during the forecast
period On basis of product type, the aerospace
fasteners market is segmented into rivets,
screws, nuts bolts, and others (hi locks,
collar, and so on). Rivets segment is estimated
to account for the largest market share during
the forecast period. They are used extensively
during manufacturing and maintenance process as
they have high tensile strength and ability to
affix critical structural components together.
Considering the requirement for fuel-efficient
and lightweight aircraft, there is a huge demand
for precision made, technologically sound,
lightweight, and high-performance fasteners.
Innovations in research and development for
lightweight and high performance aerospace
fasteners will drive this market in the coming
years. Download PDF Brochure _at_ https//www.markets
andmarkets.com/pdfdownloadNew.asp?id260904137
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The wide body aircraft segment is expected to
grow at the highest rate during the forecast
period The aerospace fasteners market has been
segmented and analyzed on the basis of aircraft
type into narrow body aircraft, wide body
aircraft, very large aircraft, regional jets,
and business jets. Wide body aircraft segment is
anticipated to grow at the highest pace during
the forecast period and dominate the market owing
to the efficiency of wide body aircraft and the
rise in passenger traffic. Increasing
connectivity between important geographical
locations of developing and developed regions has
led to a rise in demand for wide body
aircraft. The aerospace fasteners market is
expected to grow at the highest rate in the Asia-
Pacific region The aerospace fasteners market is
on a rise in the Asia-Pacific region due to the
presence of aircraft manufacturers in China and
Russia. The rise in number of component
manufacturers in Japan, India, and China
contribute are also the major factors driving
the growth of aerospace fasteners market in this
region. Ask for Sample Report _at_
https//www.marketsandmarkets.com/requestsampleNew
.asp?id260904137 Key Market Players Key players
operating in the aerospace fasteners market are
Alcoa Fastening Systems Rings (U.S.), LISI
Aerospace (U.S.), Precision Castparts Corp.
(U.S.), and Stanley Black Decker Inc. (U.S.).
Contracts, new product launches, expansions,
partnership, collaborations, and agreements are
the major growth strategies adopted by the
players to strengthen their position in this
market. Dont miss out on business opportunities
in Aerospace Fasteners Market. Speak to our
analyst and gain crucial industry insights that
will help your business grow. About
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