PUBLISHER: Grand View Research | PRODUCT CODE: 1790121
PUBLISHER: Grand View Research | PRODUCT CODE: 1790121
U.S. Aerospace Fasteners Market Summary
The U.S. aerospace fasteners market size was estimated at USD 2.49 billion in 2024 and is projected to reach USD 4.70 billion by 2033, growing at a CAGR of 7.3% from 2025 to 2033. The market is witnessing a steady rise in demand due to the resurgence of the aviation industry and increased aircraft production.
As commercial airlines work to modernize and expand their fleets, the need for high-performance, lightweight, and durable fastening components has grown significantly. In addition, the defense sector continues to be a major contributor, with ongoing procurement and maintenance of military aircraft driving consistent demand for aerospace-grade fasteners. The expanding space industry and the rise of new aerial platforms, including unmanned aerial vehicles and eVTOLs, further amplify the requirement for highly specialized fastener solutions.
Several factors are driving this demand surge. One key driver is the aviation industry's focus on fuel efficiency and weight reduction, prompting a shift toward advanced materials such as titanium and high-strength aluminum alloys. In addition, the emphasis on safety, performance, and regulatory compliance necessitates precision-engineered fastening systems. The integration of advanced electronics and sensors into aircraft also requires miniaturized and custom fasteners that can withstand extreme conditions. Moreover, increased government investment in defense and aerospace programs supports a strong pipeline of new aircraft, which in turn sustains fastener demand across both original equipment manufacturers and the maintenance, repair, and overhaul (MRO) segment.
Innovations in the U.S. aerospace fasteners market are centered around material science, digital manufacturing, and sustainability. Manufacturers are increasingly adopting additive manufacturing and automation to produce fasteners with complex designs while improving efficiency and reducing waste. Enhanced coatings and finishes are being developed to improve corrosion resistance and eliminate the use of hazardous substances. Digital technologies such as AI, IoT, and blockchain are being utilized for quality control, supply chain transparency, and lifecycle management of components. These innovations not only improve the performance and reliability of fasteners but also align with the aerospace industry's broader goals of safety, sustainability, and operational excellence.
U.S. Aerospace Fasteners Market Report Segmentation
This report forecasts revenue growth at country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2021 to 2033. For this study, Grand View Research has segmented the U.S. aerospace fasteners market report based on aircraft type, and product: