PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786946
PUBLISHER: Polaris Market Research | PRODUCT CODE: 1786946
The aerospace fasteners market size is expected to reach USD 11.52 billion by 2034, according to a new study by Polaris Market Research. The report "Aerospace Fasteners Market Share, Size, Trends, Industry Analysis Report By Product (Screws, Nuts & Bolts), By Material, By Aircraft, By Application, By Region; Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
Aerospace fasteners are high-performance joining components engineered to meet the strict mechanical, thermal, and vibration demands of aviation and space structures. The increasing use of lightweight composite materials in aircraft design is driving the aerospace fasteners market. Fasteners must evolve to offer compatibility with advanced materials without compromising strength or durability as manufacturers prioritize fuel efficiency and emission reduction. This transition is driving the development of corrosion-resistant, weight-optimized fasteners that maintain structural integrity while contributing to overall aircraft performance goals.
The rising adoption of smart manufacturing and assembly technologies within the aerospace industry boosts the demand. The integration of aerospace robotics and precision engineering is revolutionizing the installation of fasteners, improving both efficiency and consistency across production lines. The demand for fasteners designed to be compatible with automated systems is increasing as automation becomes more widespread. This shift enhances production throughput and also supports quality assurance, ultimately reinforcing the role of fasteners as critical enablers of next-generation aerospace manufacturing practices.
In terms of application, the engines segment is anticipated to expand at a CAGR of 6.2%, the highest among all segments, due to demanding performance requirements such as heat resistance, pressure tolerance, and structural durability.
Based on aircraft, the narrow-body aircraft segment led the market and reached USD 2.77 billion in 2024, owing to its extensive use in short- and medium-haul flights.
North America remains the dominant region, with a 37.76% global share in 2024 supported by its robust aerospace infrastructure, concentration of major manufacturers, and sustained investments in defense and commercial aviation sectors.
The Asia Pacific aerospace fasteners market is expected to register a CAGR of 4.80% during 2025-2034, fueled by expanding aircraft manufacturing, growing passenger demand, and increased military spending.
A few global key market players include Acument Global Technologies; B&B Specialties, Inc.; Boeing Distribution Services Inc.; Consolidated Aerospace Manufacturing; HC Pacific; Howmet Aerospace; LISI AEROSPACE; MS Aerospace; National Aerospace Fasteners Corporation; Precision Castparts Corp.; Stanley Black & Decker, Inc.; TFI Aerospace Corporation; TPS Aviation, Inc.; TriMas Corporation; and Wurth Group.
Polaris Market Research has segmented the aerospace fasteners market report on the basis of product, material, aircraft, application, and region:
By Product Outlook (Revenue, USD Billion, 2020-2034)
Screws
Nuts & Bolts
Rivets
Pins
Other Products
By Material Outlook (Revenue, USD Billion, 2020-2034)
Aluminum
Steel
Titanium
Super alloys
By Aircraft Outlook (Revenue, USD Billion, 2020-2034)
Narrow-body Aircraft
Wide-body Aircraft
Regional Jet
General Aviation
Military Aircraft
Other Aircrafts
By Application Outlook (Revenue, USD Billion, 2020-2034)
Airframe
Interiors
Engine
Control Surfaces
Landing Gear
Wheels & Brakes
By Regional Outlook (Revenue, USD Billion, 2020-2034)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Vietnam
Australia
Rest of Asia Pacific
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa