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Automotive Fasteners Market Size to Grow $6.02 Billion | 59% of Market Growth Comes from Asia Pacific

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New York, May 31, 2022 /PRNewswire/—— Lightweight fastener solutions are gaining popularity is a trend Automotive Fastener Market. Manufacturers are introducing lightweight solutions to increase the strength and performance of fasteners. Lightweight materials are primarily used in vehicle applications such as body, chassis and interiors, as well as powertrain components.

Technavio has released its latest market research report titled

Technavio has released its latest market research report titled “Automotive Fasteners Market by Application and Geography – Forecast and Analysis 2021-2025”

Automotive fastener market size is expected to grow $6.02 billion From 2020 to 2025. Moreover, the market’s growth momentum will accelerate at a CAGR of 6.47% during the forecast period.

View sample report Learn about other factors influencing market growth

Automotive Fastener Market: Application Prospects
By application, the market is segmented into passenger vehicles and commercial vehicles.This passenger car This segment will witness significant market share growth during the forecast period.Improved economic conditions in emerging economies, such as India, China, Braziland Mexico Increased demand for technologically advanced and fuel-efficient passenger cars. The Asia-Pacific region contributes the most to passenger vehicle sales and production.

Automotive Fasteners Market: Geographical Landscape
By geography, the market has been segmented into Asia Pacific, Europe, North America, South Americaand multilateral environmental agreements. Asia-Pacific There will be considerable growth during the forecast period. 59% of the overall market growth is expected to come from the Asia Pacific region. China, Japanand South Korea (Republic of Korea) are some of the major countries in the automotive fastener market in Asia Pacific. Growing automotive production in the region will drive the growth of the automotive fasteners market in Asia Pacific over the forecast period. Moreover, the market in this region will grow faster than the market in other regions.

To understand the contribution of each segment, Check out our sample report now

Supplier Analysis
Some of the major suppliers operating in the market include Bulten AB, EJOT Holding GmbH & Co. KG, Illinois Tool Works Inc., KAMAX Holding GmbH & Co. KG, Koninklijke Nedschroef Holding BV, Norm Fasteners, Penn Engineering, Rocknel Fastener Inc. , SBE-VARVIT Spa and some suppliers of Sundaram Fasteners Ltd. The main products are listed below:

  • Bulten AB – The company supplies automotive fasteners to a variety of automotive original equipment manufacturers.

  • EJOT Holding GmbH & Co. KG – The company supplies automotive fasteners to a variety of automotive original equipment manufacturers.

  • Illinois Tool Works Inc – The company designs and manufactures innovative fasteners for original equipment manufacturers and their top suppliers.

  • KAMAX Holding GmbH & Co. KG – The company supplies automotive fasteners to a variety of automotive original equipment manufacturers.

  • Koninklijke Nedschroef Holding BV – The company supplies automotive fasteners to a variety of automotive original equipment manufacturers.

What our reports provide:

  • Regional and country-level segment market share assessments

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  • Market data covering 2020, 2021 to 2025

  • Market Trends (Drivers, Opportunities, Threats, Challenges, Investment Opportunities and Recommendations)

  • Strategic recommendations for key business areas based on market estimates

  • Competitive landscapes map key common trends

  • Company profile including detailed strategy, financials and recent developments

  • Supply chain trends map the latest technological advancements

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Automotive Steer-by-Wire Market by Technology and Geography – Forecast and Analysis 2022-2026

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Market Scope of Automotive Fasteners

Report Scope

detail

page number

120

base year

2020

forecast period

2021-2025

Growth Momentum and CAGR

Accelerating at a CAGR of 6.47%

Market Growth 2021-2025

$6.02 billion

market structure

fragmentization

Year-on-year growth (%)

3.57

Regional Analysis

Asia Pacific, Europe, North America, South America and MEA

Executive Market Contribution

Asia Pacific 59%

major consuming countries

China, United States, Japan, Germany and South Korea (Republic of Korea)

Competitive Landscape

Leading Companies, Competitive Strategies, Scope of Consumer Engagement

Company Profile

Bulten AB, EJOT Holding GmbH & Co. KG, Illinois Tool Works Inc., KAMAX Holding GmbH & Co. KG, Koninklijke Nedschroef Holding BV, Norm Fasteners, Penn Engineering, Rocknel Fastener Inc., SBE-VARVIT Spa and Sundaram Fasteners Ltd.

Market dynamics

Parent Market Analysis, Market Growth Inducers and Barriers, Fast-Growing and Slow-Growing Segments Analysis, COVID 19 Impact and Future Consumer Dynamics, Market Situation Analysis During Forecast Period,

Custom permissions

If our reports do not contain the data you are looking for, you can contact our analysts and customize the segmentation.

Table of contents

1.executive Summary

2 Market structure

3 Market size

4 Five Forces Analysis

5 Market Segmentation by Application

6 Customer Landscape

7 Geographical Landscape

8 Drivers, challenges and trends

9 Supplier Landscape

10 Supplier Analysis

11 Appendix

about us
Technavio is the world’s leading technology research and consulting company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. Technavio’s report library has more than 500 professional analysts and contains more than 17,000 reports and counts covering 800 technologies and spanning 50 countries. Their customer base includes businesses of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research and actionable market insights to identify opportunities in existing and potential markets and assess their competitive position in changing market scenarios.

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