Acknowledging the kind of traction gained by this market, recently published a study report by industry data analytics asserts the global size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 6.2% during the review period (2022 to 2027)
Bolt (Fastener) Market Overview
Bolt (Fastener) Market is growing at a faster pace with substantial growth rates over the last few years and is valued that the market will grow meaningfully in the predicted period. 2022 to 2027.The increasing automotive production and rapidly growing construction sector are chiefly heavy the market value. The rising request for clasps in the atmosphere industry is further supporting the market value. The cumulative demand for hybrid fasteners and miniature fastener in the industrial industry is moreover hurrying the market value. The Global Bolt (Fastener) Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Bolt (Fastener) Market highlights the potential growth opportunities in upcoming years, while reviewing the market drivers, restraints, growth indicators, challenges, market dynamics, competitive landscape and other key aspects in the global market. The Global Bolt (Fastener) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry. This Research Study compares the markets of Pre COVID-19 and Post COVID-19 with the impact of COVID-19 on the regional economy.
Industry News-
October 08, 2021: ARaymond announced that it has acquired Castello Italia S.p.A., a company specialized in tube production for the pneumatic and industrial markets.The purchase of the tubing manufacturing company will broaden ARaymond’s product offerings for the truck market and open up new diversification opportunities within some selected industrial sectors.
Oct. 12, 2021: PennEngineering, the market leader in fastening solutions, announced it has expanded its global presence, launching its first PEM® location in Tokyo, Japan. The expansion reflects PennEngineering®’s commitment to the region, and its focus on providing direct access to PEM® and Haeger® products and local resources, including advanced engineering and product support.
Who are the Major Players in Bolt (Fastener) Market?
Top Key players in the Bolt (Fastener) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The companies referred in the market research report includes Würth, KAMAX, Acument, Stanley, LISI Group, Araymond, Marmon, Infasco, Gem-Year, Nucor Fastener, Arconic (Alcoa), CISER, Sundram Fasteners, TR Fastenings, Karamtara, Cooper & Turner, Tianbao Fastener, ATF, Ganter, Nitto Seiko, Oglaend System, XINXING FASTENERS, Penn Engineering, AFI Industries and others.
What are the major Applications, Types and Regions for Bolt (Fastener) Market?
Bolt (Fastener) Market is segmented based on the type, applications, companies and regions.
By Type, Bolt (Fastener) Market has been segmented into
- Half Screw Bolt
- Full Screw Bolt
The end user’s industry application on Bolt (Fastener) Market is,
- Automotive
- Machinery
- Construction
- MRO
- Other
Regional Analysis -
The Global Bolt (Fastener) Market is classified into North America, Europe, Asia Pacific, and Rest of the world,. Europe is the second-largest regional segment on account of considerable product demand from the developed economies of Germany, the U.K., Russia, Italy, and France. The automotive industry accounted for a major share in terms of revenue generated in the region.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Bolt (Fastener) Market report scope?
Report Attributes
|
Report Details
|
Forecast Period 2022 to 2028 CAGR
|
CAGR of 6.2% during the review period (2022 to 2027).
|
By Type
|
- Half Screw Bolt
- Full Screw Bolt
|
By Application
|
- Automotive
- Machinery
- Construction
- MRO
- Other
|
By Companies
|
Würth, KAMAX, Acument, Stanley, LISI Group, Araymond, Marmon, Infasco, Gem-Year, Nucor Fastener, Arconic (Alcoa), CISER, Sundram Fasteners, TR Fastenings, Karamtara, Cooper & Turner
|
Regions Covered
|
- North America
- Europe
- Asia-Pacific
- Rest of the World
|
Countries Covered
|
- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
|
Base Year
|
2022
|
Historical Year
|
2017 to 2021
|
Forecast Year
|
2022 to 2027
|
Number of Pages
|
139
|
Customization Available
|
Yes, the report can be customized as per your needs
|
Key Takeaways from this Bolt (Fastener) Report
- Evaluate Bolt (Fastener) market potential through analyzing growth rates (CAGR %), Volume (Units) and Value ($M) data given at country level - for product types, end use applications and by different industry verticals.
- Understand the different dynamics influencing the market - key driving factors, challenges and hidden opportunities.
- Get in-depth insights on your competitor performance - market shares, strategies, financial benchmarking, product benchmarking, SWOT and more.
- Analyze the sales and distribution channels across key geographies to improve top-line revenues.
- Understand the industry supply chain with a deep dive on the value augmentation at each step, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Bolt (Fastener) market entropy - M&A's, deals, partnerships, product launches of all key players for the past 4 years.
- Evaluate the supply-demand gaps, import-export statistics and regulatory landscape for more than top 20 countries globally for the market.
All our reports are customizable to your company needs to a certain extent, we do provide 5 free consulting hours along with purchase of each report, and this will allow you to request any additional data to customize the report to your needs.
Frequently Asked Question -
What is the total market value of bolt market?
The bolt market size was valued at $46,854.3 million in 2022.
What are the key trends in the bolt market?
Growth in construction sector and manufacturing sector are the key trends in the bolt market.
How the company profile has been selected?
The company profile has been selected on factors such as geographical presence, market dominance (in terms of revenue and volume sales), various strategies and recent developments.
Who are the key players in industrial fasteners market?
Some of the key players operating in the industrial fasteners market include Arconic Fastening Systems and Rings, Acument Global Technologies, Inc., ATF, Inc., Dokka Fasteners A S, LISI Group, Nippon Industrial Fasteners Company (Nifco), Hilti Corporation.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
