Product Code: GVR-4-68040-657-6
Aerospace Fasteners Market Summary
The global aerospace fasteners market size was estimated at USD 7.28 billion in 2024 and is projected to reach USD 13.61 billion by 2033, growing at a CAGR of 7.2% from 2025 to 2033. The market is witnessing significant growth due to the steady rise in commercial air travel, defense modernization programs, and the expansion of space exploration initiatives.
With increasing global passenger traffic and cargo movement, aircraft manufacturers are ramping up production to meet rising demand. This, in turn, is fueling the need for advanced, reliable, and lightweight fasteners that can withstand extreme environmental and mechanical stress in both commercial and military aircraft.
Key drivers of the market include a surge in aircraft fleet expansion, heightened demand for fuel-efficient aircraft, and the increasing use of composite materials in airframes and interiors. Fasteners are crucial for joining components in lightweight composite structures, which are replacing traditional metal counterparts to reduce overall aircraft weight and enhance fuel efficiency. Moreover, the growing demand for maintenance, repair, and overhaul (MRO) services globally is also boosting fastener replacement cycles, further driving market growth.
Innovations and trends shaping the aerospace fasteners market include the adoption of titanium and other advanced alloy fasteners for weight reduction and corrosion resistance, as well as the development of smart fasteners with embedded sensors for structural health monitoring. Additive manufacturing (3D printing) is also gaining traction for prototyping and low-volume production of customized fasteners. Additionally, automation in assembly lines, environmental regulations pushing for sustainable manufacturing practices, and the increasing use of digital supply chain systems are transforming the production and application of aerospace fasteners.
Global Aerospace Fasteners Market Report Segmentation
This report forecasts revenue growth at regional & country levels and provides an analysis on the industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the aerospace fasteners market on the basis of aircraft type, product, and region:
- Aircraft Type Outlook (Revenue, USD Million, 2021 - 2033)
- Commercial
- Business & General Aviation
- Military
- Product Outlook (Revenue, USD Million, 2021 - 2033)
- Bolts
- Nuts
- Screws
- Rivets
- Others
- Regional Outlook (Revenue, USD Million, 2021 - 2033)
- North America
- Europe
- UK
- Germany
- France
- Spain
- Italy
- Asia Pacific
- China
- Japan
- India
- South Korea
- Central & South America
- Middle East & Africa
Table of Contents
Chapter 1. Methodology and Scope
- 1.1. Market Segmentation & Scope
- 1.2. Market Definition
- 1.3. Information Procurement
- 1.3.1. Purchased Database
- 1.3.2. GVR's Internal Database
- 1.3.3. Secondary Sources
- 1.3.4. Third-Party Perspectives
- 1.3.5. Primary Research
- 1.4. Information Analysis
- 1.4.1. Data Analysis Models
- 1.5. Market Formulation & Data Visualization
- 1.6. Data Validation and Publishing
Chapter 2. Executive Summary
- 2.1. Market Outlook
- 2.2. Segmental Outlook
- 2.3. Competitive Insights
Chapter 3. Aerospace Fasteners Market Variables, Trends & Scope
- 3.1. Value Chain Analysis
- 3.2. Regulatory Framework
- 3.3. Technology Overview
- 3.4. Market Dynamics
- 3.4.1. Market driver analysis
- 3.4.1.1. Growing construction activities in the developing countries
- 3.4.1.2. Increasing adoption of prefabricated construction materials
- 3.4.2. Market restraint analysis
- 3.4.2.1. Need for regular deck maintenance
- 3.4.3. Industry opportunity
- 3.4.4. Market Challenges
- 3.5. Major Deals & Strategic Alliances Analysis
- 3.6. Business Environment Analysis
- 3.6.1. Porter's Analysis
- 3.6.1.1. Supplier Power
- 3.6.1.2. Buyer Power
- 3.6.1.3. Substitution Threat
- 3.6.1.4. Threat from New Entrant
- 3.6.1.5. Competitive Rivalry
- 3.6.2. PESTEL Analysis, by SWOT
- 3.6.2.1. Political Landscape
- 3.6.2.2. Environmental Landscape
- 3.6.2.3. Social Landscape
- 3.6.2.4. Technology Landscape
- 3.6.2.5. Economic Landscape
- 3.6.2.6. Legal Landscape
Chapter 4. Aerospace Fasteners Market: Aircraft Type Estimates & Trend Analysis
- 4.1. Aircraft Type Takeaways
- 4.2. Aircraft Type Market Share Analysis, 2025 - 2033
- 4.3. Aerospace Fasteners Market Estimates & Forecast, By Aircraft Type 2021 - 2033 (USD Million)
- 4.3.1. Commercial
- 4.3.2. Business & General Aviation
- 4.3.3. Military
Chapter 5. Aerospace Fasteners Market: Product Estimates & Trend Analysis
- 5.1. Product Takeaways
- 5.2. Product Market Share Analysis, 2025 - 2033
- 5.3. Aerospace Fasteners Market Estimates & Forecast, By Product 2021 - 2033 (USD Million)
- 5.3.1. Bolts
- 5.3.2. Nuts
- 5.3.3. Screws
- 5.3.4. Rivets
- 5.3.5. Others
Chapter 6. Aerospace Fasteners Market: Regional Estimates & Trend Analysis
- 6.1. Key Takeaways
- 6.2. Regional Market Share Analysis, 2025 - 2033
- 6.3. North America
- 6.3.1. North America aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.2. U.S.
- 6.3.2.1. U.S. aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.3. Canada
- 6.3.3.1. Canada aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.3.4. Mexico
- 6.3.4.1. Mexico aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4. Europe
- 6.4.1. Europe aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.2. UK
- 6.4.3. UK aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.4. Germany
- 6.4.5. Germany aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.6. France
- 6.4.7. France aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.8. Spain
- 6.4.9. Spain aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.4.10. Italy
- 6.4.11. Italy aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5. Asia Pacific
- 6.5.1. Asia Pacific aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.2. China
- 6.5.2.1. China aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.3. Japan
- 6.5.3.1. Japan aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.4. India
- 6.5.4.1. India aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.5.5. South Korea
- 6.5.5.1. South Korea aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.6. Central & South America
- 6.6.1. Central & South America aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
- 6.7. Middle East & Africa
- 6.7.1. Middle East & Africa aerospace fasteners market estimates & Forecasts, 2021 - 2033 (USD Million)
Chapter 7. Competitive Landscape
- 7.1. Recent Developments & Impact Analysis, By Key Market Participants
- 7.2. Competition Categorization
- 7.3. Company Market Positioning
- 7.4. Company Heat Map Analysis, 2022
- 7.5. Strategy Mapping, 2022
- 7.6. Company Listing
- 7.6.1. SFS Group
- 7.6.1.1. Company Overview
- 7.6.1.2. Financial Performance
- 7.6.1.3. Product Benchmarking
- 7.6.1.4. Strategic Initiatives
- 7.6.2. LISI Aerospace
- 7.6.2.1. Company Overview
- 7.6.2.2. Financial Performance
- 7.6.2.3. Product Benchmarking
- 7.6.2.4. Strategic Initiatives
- 7.6.3. Precision Castparts Corp.
- 7.6.3.1. Company Overview
- 7.6.3.2. Financial Performance
- 7.6.3.3. Product Benchmarking
- 7.6.3.4. Strategic Initiatives
- 7.6.4. Howmet Aerospace
- 7.6.4.1. Company Overview
- 7.6.4.2. Financial Performance
- 7.6.4.3. Product Benchmarking
- 7.6.4.4. Strategic Initiatives
- 7.6.5. MinebeaMitsumi Aerospace
- 7.6.5.1. Company Overview
- 7.6.5.2. Financial Performance
- 7.6.5.3. Product Benchmarking
- 7.6.5.4. Strategic Initiatives
- 7.6.6. 3V Fasteners
- 7.6.6.1. Company Overview
- 7.6.6.2. Financial Performance
- 7.6.6.3. Product Benchmarking
- 7.6.6.4. Strategic Initiatives
- 7.6.7. B&B Specialties Inc.
- 7.6.7.1. Company Overview
- 7.6.7.2. Financial Performance
- 7.6.7.3. Product Benchmarking
- 7.6.7.4. Strategic Initiatives
- 7.6.8. Boeing
- 7.6.8.1. Company Overview
- 7.6.8.2. Financial Performance
- 7.6.8.3. Product Benchmarking
- 7.6.8.4. Strategic Initiatives
- 7.6.9. TriMas Corporation
- 7.6.9.1. Company Overview
- 7.6.9.2. Financial Performance
- 7.6.9.3. Product Benchmarking
- 7.6.9.4. Strategic Initiatives
- 7.6.10. National Aerospace Fasteners Corporation (NAFCO)
- 7.6.10.1. Company Overview
- 7.6.10.2. Financial Performance
- 7.6.10.3. Product Benchmarking
- 7.6.10.4. Strategic Initiatives