PUBLISHER: Lucintel | PRODUCT CODE: 1079301
PUBLISHER: Lucintel | PRODUCT CODE: 1079301
Automotive Fastener Market Trends and Forecast
The future of the global automotive fastener market looks promising with opportunities in the passenger car and light commercial vehicle segment. The global automotive fastener market is expected to reach an estimated $28.1 billion by 2027 and it is forecast to grow at a CAGR of 4.6% from 2021 to 2027. The major growth drivers for this market are increasing vehicle production and increasing migration of OEMs from standard fasteners to customized fasteners.
Emerging Trends in the Automotive Fastener Market
Emerging trends, which have a direct impact on the dynamics of the industry, include development of light weight material fasteners and introduction of self-contained in-die fasteners.
A total of 188 figures / charts and 157 tables are provided in this 283-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope, benefits, companies researched, and other details of the global automotive fastener market report, please download the report brochure.
Automotive Fastener Market by Segments
Lucintel forecasts that threaded fastener segment will remain the largest segment by product type and is expected to witness the highest growth over the forecast period. The study includes trends and forecast for the global automotive fastener market by product type, material type, coating type, characteristics, end user, type, application, vehicle type, and region, as follows:
Automotive Fastener Market by Product Type ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by Characteristic ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by Coating Type ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by Material Type ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by End User ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by Fastener type ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by Application ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by Vehicle Type ($ Million Shipment Analysis from 2016 to 2027):
Automotive Fastener Market by Region[Value ($ Million) and Volume (Million Units) from 2016 to 2027]:
United States
Canada
Mexico
United Kingdom
France
Germany
Italy
Russia
China
India
Japan
Indonesia
South Korea
Brazil
Turkey
List of Automotive Fastener Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies automotive fastener companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the automotive fastener companies profiled in this report includes.
Automotive Fastener Market Insights
Features of the Global Automotive Fastener Market
FAQ
Q1. What is the automotive fastener market size?
Answer: The global automotive fastener market is expected to reach an estimated $28.1 billion by 2027.
Q2. What is the growth forecast for automotive fastener market?
Answer: The automotive fastener market is expected to grow at a CAGR of 4.6% from 2021 to 2027.
Q3. What are the major drivers influencing the growth of the automotive fastener market?
Answer: The major drivers for this market are increasing vehicle production and increasing migration of OEMs from standard fasteners to customized fasteners.
Q4. What are the major coating type or end use industries for automotive fastener?
Answer: Zinc coating is the major segment by coating type for automotive fastener.
Q5. What are the emerging trends in automotive fastener market?
Answer: Emerging trends, which have a direct impact on the dynamics of the industry, include development of light weight material fasteners and introduction of self-contained in-die fasteners.
Q6. Who are the key automotive fastener companies?
Answer: Some of the key automotive fastener companies are as follows:
Q7.Which automotive fastener segment will be the largest in future?
Answer: Lucintel forecasts that threaded fasteners segment is the largest segment and is expected to witness the highest growth over the forecast period as it offers high corrosion resistance and durable bond than non-threaded fasteners.
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Q8: In automotive fastener market, which region is expected to be the largest in next 5 years?
Answer:Asia-Pacific region will remain the largest region and is also expected to witness the highest growth over the forecast period due to increased vehicle production and rising demand for compact vehicles.
Q9. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% Customization Without any Additional Cost.