According to Cognitive Market Research, The Global Aircraft Fasteners Market size is USD 5.2 billion in 2023 and will expand at a compound annual growth rate (CAGR) of 7.50% from 2023 to 2030.
The demand for aircraft fasteners is rising due to the rising consumer spending on air travel has thereby created a lucrative business for the aviation industry and the increasing demand for comfortable, inexpensive, and fast-traveling solutions.
Demand for Threaded Fasteners remains higher in the aircraft fasteners market.
The Civil Aircraft category held the highest aircraft fasteners market revenue share in 2023.
North American aircraft fasteners will continue to lead, whereas the Asia-Pacific aircraft fasteners market will experience the most substantial growth until 2030.