The global aircraft blind fasteners market is projected to witness a growth rate of 5.0% annually from 2024 to 2032, with an anticipated size of US$ 682 million by 2032, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global aircraft blind fasteners market which provides a comprehensive outlook of the global and regional industry forecast, current & emerging trends, segment analysis, competitive landscape, & more.
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Report Highlights
| Market Size in 2032 (million US$) | 682 |
| Growth (CAGR) | 5.0% during 2024-2032 |
| Forecast Period | 2024-2030 |
| Trend Period | 2018-2022 |
| Base Year | 2023 |
| Number of Segments Covered | 6 |
| Number of Tables & Graphs | 100+ |
| Country-Level Market Assessment | 19 |
Segment Insights on the Aircraft Blind Fasteners Market:
The global aircraft blind fasteners market is segmented based on aircraft type, product type, application type, material type, end-user type, and region.
Based on aircraft type – The aircraft blind fasteners market is segmented into commercial aircraft, regional aircraft, helicopters, military aircraft, and general aviation. Commercial aircraft are projected to remain both the dominant and fastest-growing aircraft type in the market during the forecast period. This dominance is attributed to their larger and more complex structures, which require many fasteners. Additionally, the increasing production rates of major programs like the B737 and A320, the anticipated entry of new aircraft programs such as the C919, B777x, and MC-21, and the growing commercial aircraft fleet size are expected to propel market growth further.
Based on the material type – The aircraft blind fasteners market is segmented into titanium, steel, aluminum, and others. Titanium is expected to continue as the leading and fastest-growing material type in the aircraft blind fasteners market over the next eight years. Its widespread adoption in aircraft is driven by numerous advantages, such as excellent compatibility with composite parts, superior corrosion resistance, exceptional mechanical properties, heat resistance, and a high strength-to-weight ratio.
Based on the application type – The aircraft blind fasteners market is segmented into the airframe, engine, flight control surfaces, interiors, and others. The airframe is expected to remain the primary driver of demand for blind fasteners in aircraft throughout the forecast period. As the largest structure in an aircraft, the airframe utilizes blind fasteners extensively in various applications, such as wings and fuselage, solidifying its dominant position in the market.
Which Region Shows the Most Promising Growth Forecast and Opportunity?
The analysis suggests that Europe is anticipated to remain the largest market for aircraft blind fasteners during the forecast period. This growth outlook is majorly attributed to the following–
- The strong presence of leading aircraft OEMs such as Airbus.
- Airbus’s commitment to increasing production rates for key aircraft programs like the A320, A330, and A350, backed by a substantial order backlog of 7,967 aircraft as of June 30, 2023, significantly contributes to market dominance.
- Additionally, Boeing’s establishment of production facilities in the region and investments in new facilities further bolster Europe’s market position.
Likewise, Asia-Pacific, on the other hand, is expected to exhibit the fastest growth during the same period. This growth is fueled by increasing demand for blind fasteners, supported by the opening of assembly plants by Boeing and Airbus in China for models like the B737, A330, and A320. Economies such as China and India are driving this growth, with rising passenger traffic spurring high demand for commercial aircraft across the region.
Aircraft Blind Fasteners Market Drivers:
Some of the key drivers listed in the report are given below.
- Rising aircraft production, increased demand for lightweight and durable components, and advancements in aerospace manufacturing.
- Growing commercial aviation and defense budgets, along with the need for efficient maintenance solutions.
Top 5 Companies in the Aircraft Blind Fasteners Market:
The global market for aircraft blind fastenerss is highly concentrated, with the top four companies capturing a lion’s share. Apart from technological expertise and financial capabilities, the growth of companies is directly dependent on government support and overall industry conditions. Stratview Research has identified the following companies as the top market players (arranged alphabetically).
- Avantus Aerospace
- Howmet Aerospace
- LISI Aerospace
- Precision Castparts Corp.
- Stanley Black and Decker, Inc.
What Deliverables Will You Get in this Report?
| Key questions this report answers | Relevant contents in the report |
| How big is the sales opportunity? | In-depth analysis of the Aircraft Blind Fasteners Market |
| How lucrative is the future? | Market forecast and trend data and emerging trends |
| Which regions offer the best sales opportunities? | Global, regional, and country-level historical data and forecasts |
| Which are the most attractive market segments? | Market segment analysis and forecast |
| Who are the top players and their market positioning? | Competitive landscape analysis, Market share analysis |
| How complex is the business environment? | Porter’s five forces analysis, PEST analysis, Life cycle analysis |
| What are the factors affecting the market? | Drivers & challenges |
| Will I get the information on my specific requirements? | 10% free customization |
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About us –
Stratview Research is a global market research firm that highly specializes in aerospace & defense, chemicals, and a few other industries.
It launches a limited number of reports annually on the above-mentioned specializations. Thorough analysis and accurate forecasts in this report enable the readers to take convincing business decisions.
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