Global Automotive Fasteners Sales Market by Type (Threaded Fasteners, Non-threaded Fasteners), By Application (Automotive OEM, Automotive Aftermarket) and Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast To 2028

The Global Automotive Fasteners Market size is expected to reach USD XX billion by 2028 at a CAGR of 7% during the forecast period. The demand for automotive fasteners is largely driven by the increasing production of cars and motorcycles across the world due to rapid economic growth in most countries. In addition, rising demand from emerging economies such as India and China has fueled automotive industry growth globally.

Automotive Fasteners are bolts, nuts, screws, and other metal fasteners used to join two or more pieces of a vehicle’s body panels. Automotive fasteners also include the assembly hardware in an automotive motor that holds together various moving parts inside such as bearings and gears.

On the basis of Types, the market is segmented into Threaded Fasteners and Non-Threaded Fasteners.

Threaded Fasteners:

Threaded fasteners are screws, bolts, and nuts that use threads to join two or more parts together. The threading is designed so the head of a threaded screw can be screwed into an appropriately sized hole in another part. Threads on both ends of the bolt will then grip tightly with each other to keep them from loosening as they carry weight over time.

Non-Threaded Fasteners:

Non-Threaded Fasteners can be defined as any type of fastener that does not have a thread. They are used in many different applications and industries, including automotive. Non-threaded fasteners can be found on the headrests located inside most cars today to allow for adjusting their height.

On the basis of Application, the market is segmented into Automotive OEM and Automotive Aftermarket. The Automotive OEM segment is further subdivided into Passenger cars, Light Commercial Vehicles (LCVs), Heavy Trucks, Medium Trucks, and Off-road vehicles.

On the basis of Region, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. The North American market is expected to grow at the highest CAGR during the forecast period. The Automotive Aftermarket segment is projected to hold an important share in this region which will be followed by OEMs. North American automotive components are used globally due to their high performance which has led them to gain substantial popularity among regional as well as global players.

Growth Factors For The Global Automotive Fasteners Market:

The global automotive fasteners market is expected to grow significantly over the forecast period driven by factors such as an increase in the number of light commercial vehicles sold worldwide, which will be used for different purposes like construction equipment transport or urban mass transportation; the growing popularity of electric-powered hybrid autos that require less maintenance and reduced downtime; decrease in the use of rubber suspension bushings (due to their brittle nature); increased usage of power steering systems with hydraulic assist rather than mechanical drive because they offer better control when driving on uneven surfaces.

 

Up Market Research published a new report titled “Automotive Fasteners Sales Market research report which is segmented by Types (Threaded Fasteners, Non-threaded Fasteners), By Applications (Automotive OEM, Automotive Aftermarket), By Players/Companies Würth, ITW, Stanley, Araymond, KAMAX, Shanghai PMC (Nedschroef), Aoyama Seisakusho, Meidoh, Fontana, Agrati, LISI, Nifco, Topura, Meira, BÃllhoff, Norma, Bulten, Precision Castparts, Chunyu, Boltun, Samjin, Sundram Fasteners, SFS, STL, Keller & Kalmbach, Piolax, EJOT, GEM-YEAR, RUIBIAO, Shenzhen AERO”. 

Report Scope

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

Global Automotive Fasteners Sales Market Report Segments:

The market is segmented by Type Threaded Fasteners, Non-threaded Fasteners and By Application Automotive OEM, Automotive Aftermarket.

Some of the companies that are profiled in this report are:

1. Würth
2. ITW
3. Stanley
4. Araymond
5. KAMAX
6. Shanghai PMC (Nedschroef)
7. Aoyama Seisakusho
8. Meidoh
9. Fontana
10. Agrati
11. LISI
12. Nifco
13. Topura
14. Meira
15. Böllhoff
16. Norma
17. Bulten
18. Precision Castparts
19. Chunyu
20. Boltun
21. Samjin
22. Sundram Fasteners
23. SFS
24. STL
25. Keller & Kalmbach
26. Piolax
27. EJOT
28. GEM-YEAR
29. RUIBIAO
30. Shenzhen AERO

Automotive Fasteners Sales Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period. It is a professional and a detailed report focusing on primary and secondary drivers, market share, leading segments and geographical analysis. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report.

Key Benefits for Industry Participants & Stakeholders:

• Industry drivers, restraints, and opportunities covered in the study
• Neutral perspective on the market performance
• Recent industry trends and developments
• Competitive landscape & strategies of key players
• Potential & niche segments and regions exhibiting promising growth covered
• Historical, current, and projected market size, in terms of value
• In-depth analysis of the Automotive Fasteners Sales Market

Overview of the regional outlook of the Automotive Fasteners Sales Market:

Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa (MEA). North America region is further bifurcated into countries such as U.S., and Canada. The Europe region is further categorized into U.K., France, Germany, Italy, Spain, Russia, and Rest of Europe. Asia Pacific is further segmented into China, Japan, South Korea, India, Australia, South East Asia, and Rest of Asia Pacific. Latin America region is further segmented into Brazil, Mexico, and Rest of Latin America, and the MEA region is further divided into GCC, Turkey, South Africa, and Rest of MEA.

Highlights of The Automotive Fasteners Sales Market Report:

1. The market structure and projections for the coming years.
2. Drivers, restraints, opportunities, and current trends of Automotive Fasteners Sales Market.
3. Historical data and forecast.
4. Estimations for the forecast period 2028.
5. Developments and trends in the market.
6. By Type:

                1. Threaded Fasteners

                2. Non-threaded Fasteners

                1. Automotive OEM

                2. Automotive Aftermarket

8. Market scenario by region, sub-region, and country.
9. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
10. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
11. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Automotive Fasteners Sales Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2028.

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• Correctly Positioning New Products
• Market Entry Strategies
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Reasons to Purchase the Automotive Fasteners Sales Market Report:

• The report includes a plethora of information such as market dynamics scenario and opportunities during the forecast period
• Segments and sub-segments include quantitative, qualitative, value (USD Million,) and volume (Units Million) data.
• Regional, sub-regional, and country level data includes the demand and supply forces along with their influence on the market.
• The competitive landscape comprises share of key players, new developments, and strategies in the last three years.
• Comprehensive companies offering products, relevant financial information, recent developments, SWOT analysis, and strategies by these players.