North America Aerospace Titanium Fasteners Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Aircraft Type (Narrow Body Aircraft, Wide-Body Aircraft, General Aviation Aircraft, Cargo Aircraft, Helicopters, and Military Aircraft), Product Type (Bolts, Nuts, Screws, Rivets, and Others), Application (Flight Control Surface, Airframe, Engine, Interiors, and Landing Gear), and End User (Aircraft Manufacturers, MRO Services Providers, and Military Forces)
The North America aerospace titanium fasteners market is expected to grow from US$ 259.67 million in 2021 to US$ 382.11 million by 2028; it is estimated to register a CAGR of 5.7% from 2021 to 2028.
The aerospace industry relies on using lightweight materials to increase fuel efficiency. Since fasteners account for a significant number of aircraft models, the need for lightweight fasteners has become highly important. In the current scenario, the high demand for titanium fasteners among aircraft OEMs, aircraft component OEMs, and maintenance service providers is catalyzing the aerospace titanium fasteners market. The military aerospace sector is the major adopter of aerospace fasteners in the aerospace industry, followed by commercial aerospace and general aerospace. The increasing adoption of titanium fasteners in military aircraft due to its various benefits, such as high-temperature resistance, corrosion resistance, and nonmagnetic nature, is driving the market growth. Titanium's robust strength and low density provide the high levels of performance desired by aero engine manufacturers. Its high-temperature capability is appropriate for jet engines and airframe parts that must endure temperatures ranging from subzero to 600°C. Further, military helicopters and UAVs are demanding higher volumes of titanium fasteners for improved operational efficiency and fuel reduction benefits. Thus, the above-mentioned factors are driving the aerospace titanium fasteners market growth. The growing aircraft procurement across the region is also anticipated to propel the aerospace titanium fasteners market during the forecast period.
With new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the North America aerospace titanium fasteners market at a notable CAGR during the forecast period.
North America Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
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North America Aerospace Titanium Fasteners Market Segmentation
The North America aerospace titanium fasteners market is segmented into aircraft type, product type, application, end user, and country. Based on aircraft type, the market is categorized into narrow body aircraft, wide-body aircraft, general aviation aircraft, cargo aircraft, helicopters, and military aircraft. The narrow body aircraft segment dominated the market in 2020, and the wide body aircraft segment is expected to register the highest CAGR during the forecast period. Based on product type, the market is segmented into bolts, nuts, screws, rivets, and others. The bolts segment dominated the market in 2020, and the others segment is expected to register the highest CAGR during the forecast period. Based on application, the North America aerospace titanium fasteners market is segmented into flight control surface, airframe, engine, interiors, and landing gear. The airframe segment dominated the market in 2020, and the engine segment is expected to register the highest CAGR during the forecast period. Based on end user, the market is segmented into aircraft manufacturers, MRO services providers, and military forces. The aircraft manufacturers segment dominated the market in 2020, and the MRO service providers segment is expected to register the highest CAGR during the forecast period. Based on country, the North America aerospace titanium fasteners market is categorized into the US, Canada, and Mexico.
3V Fasteners; B&B Specialties, Inc.; Cherry Aerospace (PCC); Ferralloy Inc.; Leeart Industry Co., Ltd.; LISI Aerospace; Superbti Co., Ltd.; and TriMas Corporation are among the leading companies operating in the North America aerospace titanium fasteners market.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. North America Aerospace Titanium Fasteners Market Landscape
4.1 Market Overview
4.2 Porter’s Five Force Analysis
4.2.1 Bargaining Power of Buyers
4.2.2 Bargaining Power of Suppliers
4.2.3 Threat to New Entrants
4.2.4 Threat to Substitutes
4.2.5 Competitive Rivalry
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. North America Aerospace Titanium Fasteners Market – Key Industry Dynamics
5.1 Market Drivers
5.1.1 Growing Adoption in Military Aircraft
5.1.2 Accentuating Development by Aerospace Titanium Fastener Manufacturers
5.2 Market Restraints
5.2.1 Discontinuation of A380 and B747 Manufacturing
5.3 Market Opportunities
5.3.1 Demand of Light Weight Fasteners
5.4 Future Trends
5.4.1 Rising Adoption in Military UAV
5.5 Impact Analysis of Drivers and Restraints
6. Aerospace Titanium Fasteners Market – North America Analysis
6.1 North America Aerospace Titanium Fasteners Market Overview
6.2 North America Aerospace Titanium Fasteners Market Forecast and Analysis
7. North America Aerospace Titanium Fasteners Market Analysis – By Aircraft Type
7.1 Overview
7.2 North America Aerospace Titanium Fasteners Market, By Aircraft Type (2020 And 2028)
7.3 Narrow Body Aircraft
7.3.1 Overview
7.3.2 Narrow Body Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
7.4 Wide Body Aircraft
7.4.1 Overview
7.4.2 Wide Body Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
7.5 General Aviation
7.5.1 Overview
7.5.2 General Aviation: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
7.6 Cargo Aircraft
7.6.1 Overview
7.6.2 Cargo Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
7.7 Helicopters
7.7.1 Overview
7.7.2 Helicopters: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
7.8 Military Aircraft
7.8.1 Overview
7.8.2 Military Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
8. North America Aerospace Titanium Fasteners Market Analysis – By Product Type
8.1 Overview
8.2 North America Aerospace Titanium Fasteners Market, By Product Type (2020 And 2028)
8.3 Bolts
8.3.1 Overview
8.3.2 Bolts: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
8.4 Nuts
8.4.1 Overview
8.4.2 Nuts: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
8.5 Screws
8.5.1 Overview
8.5.2 Screws: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
8.6 Rivets
8.6.1 Overview
8.6.2 Rivets: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
8.7 Others
8.7.1 Overview
8.7.2 Others: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
9. North America Aerospace Titanium Fasteners Market Analysis – By Applications
9.1 Overview
9.2 North America Aerospace Titanium Fasteners Market, By Applications (2020 and 2028)
9.3 Flight Control Surfaces
9.3.1 Overview
9.3.2 Flight Control Surfaces: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
9.4 Airframe
9.4.1 Overview
9.4.2 Airframe: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
9.5 Engine
9.5.1 Overview
9.5.2 Engine: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
9.6 Interiors
9.6.1 Overview
9.6.2 Interiors: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
9.7 Landing Gear
9.7.1 Overview
9.7.2 Landing Gear: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
10. North America Aerospace Titanium Fasteners Market Analysis – By End User
10.1 Overview
10.2 North America Aerospace Titanium Fasteners Market, By End User (2020 and 2028)
10.3 Aircraft Manufacturers
10.3.1 Overview
10.3.2 Aircraft Manufacturers: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
10.4 MRO Service Providers
10.4.1 Overview
10.4.2 MRO Service Providers: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
10.5 Military Forces
10.5.1 Overview
10.5.2 Military Forces: Aerospace Titanium Fasteners Market Revenue and Forecast To 2028 (US$ Million)
11. North America Aerospace Titanium Fasteners Market – Country Analysis
11.1 Overview
11.1.1 North America: Aerospace Titanium Fasteners Market, by Key Country
11.1.1.1 US: Aerospace Titanium Fasteners Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.1.1 US: Aerospace Titanium Fasteners Market, By Aircraft Type
11.1.1.1.2 US: Aerospace Titanium Fasteners Market, By Product Type
11.1.1.1.3 US: Aerospace Titanium Fasteners Market, By Application
11.1.1.1.4 US: Aerospace Titanium Fasteners Market, By End Users
11.1.1.2 Canada: Aerospace Titanium Fasteners Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.2.1 Canada: Aerospace Titanium Fasteners Market, By Aircraft Type
11.1.1.2.2 Canada: Aerospace Titanium Fasteners Market, By Product Type
11.1.1.2.3 Canada: Aerospace Titanium Fasteners Market, By Application
11.1.1.2.4 Canada: Aerospace Titanium Fasteners Market, By End Users
11.1.1.3 Mexico: Aerospace Titanium Fasteners Market – Revenue and Forecast to 2028 (US$ Million)
11.1.1.3.1 Mexico: Aerospace Titanium Fasteners Market, By Aircraft Type
11.1.1.3.2 Mexico: Aerospace Titanium Fasteners Market, By Product Type
11.1.1.3.3 Mexico: Aerospace Titanium Fasteners Market, By Application
11.1.1.3.4 Mexico: Aerospace Titanium Fasteners Market, By End Users
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Leeart Industry Co., Ltd.
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Cherry Aerospace (PCC)
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Ferralloy Inc.
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Superbti Co.,ltd.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 3 V Fasteners
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 TriMas Corporation
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 B&B Specialties, Inc.
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
13.8 LISI Aerospace
13.8.1 Key Facts
13.8.2 Business Description
13.8.3 Products and Services
13.8.4 Financial Overview
13.8.5 SWOT Analysis
13.8.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. North America Aerospace Titanium Fasteners Market – Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Aerospace Titanium Fasteners Market, by Country – Revenue and Forecast to 2028 (US$ Million)
Table 3. US: Aerospace Titanium Fasteners Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Aerospace Titanium Fasteners Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Aerospace Titanium Fasteners Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 6. US: Aerospace Titanium Fasteners Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Aerospace Titanium Fasteners Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 8. Canada: Aerospace Titanium Fasteners Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 9. Canada: Aerospace Titanium Fasteners Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 10. Canada: Aerospace Titanium Fasteners Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 11. Mexico: Aerospace Titanium Fasteners Market, By Aircraft Type – Revenue and Forecast to 2028 (US$ Million)
Table 12. Mexico: Aerospace Titanium Fasteners Market, By Product Type – Revenue and Forecast to 2028 (US$ Million)
Table 13. Mexico: Aerospace Titanium Fasteners Market, By Application – Revenue and Forecast to 2028 (US$ Million)
Table 14. Mexico: Aerospace Titanium Fasteners Market, By End Users – Revenue and Forecast to 2028 (US$ Million)
Table 15. List of Abbreviation
LIST OF FIGURES
Figure 1. North America Aerospace Titanium Fasteners Market Segmentation
Figure 2. North America Aerospace Titanium Fasteners Market Segmentation – By Country
Figure 3. North America Aerospace Titanium Fasteners Market Overview
Figure 4. North America Aerospace Titanium Fasteners Market, By Aircraft Type
Figure 5. North America Aerospace Titanium Fasteners Market, By Country
Figure 6. North America Aerospace Titanium Fasteners Market– Porter’s Analysis
Figure 7. Ecosystem Analysis
Figure 8. Expert Opinion
Figure 9. North America Aerospace Titanium Fasteners Market: Impact Analysis of Drivers and Restraints
Figure 10. North America Aerospace Titanium Fasteners Market Forecast and Analysis (US$ Million)
Figure 11. North America Aerospace Titanium Fasteners Market, By Product type (2020 and 2028)
Figure 12. North America Narrow Body Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. North America Wide Body Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. North America General Aviation: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. North America Cargo Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 16. North America Helicopters: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. North America Military Aircraft: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. North America Aerospace Titanium Fasteners Market, By Product Type (2020 and 2028)
Figure 19. North America Bolts: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. North America Nuts: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. North America Screws: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. North America Rivets: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America Others: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 24. North America Aerospace Titanium Fasteners Market, By Applications (2020 and 2028)
Figure 25. North America Flight Control Surfaces: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 26. North America Airframe: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 27. North America Engine: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 28. North America Interiors: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 29. North America Landing Gear: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 30. North America Aerospace Titanium Fasteners Market, By End User (2020 and 2028)
Figure 31. North America Aircraft Manufacturers: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 32. North America MRO Service Providers: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 33. North America Military Forces: Aerospace Titanium Fasteners Market Revenue and Forecast to 2028 (US$ Million)
Figure 34. North America: Aerospace Titanium Fasteners Market, by Key Country – Revenue (2020) (US$ Million)
Figure 35. North America: Aerospace Titanium Fasteners Market Revenue Share, by Key Country (2020 & 2028)
Figure 36. US: Aerospace Titanium Fasteners Market – Revenue and Forecast to 2028 (US$ Million)
Figure 37. Canada: Aerospace Titanium Fasteners Market – Revenue and Forecast to 2028 (US$ Million)
Figure 38. Mexico: Aerospace Titanium Fasteners Market – Revenue and Forecast to 2028 (US$ Million)
- 3 V Fasteners
- B&B Specialties, Inc.
- Cherry Aerospace (PCC)
- Ferralloy Inc.
- Leeart Industry Co., Ltd.
- LISI Aerospace
- Superbti Co.,ltd.
- TriMas Corporation
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