October 12, 2016
SKU: IRTNTR10625
This industry research report identifies Acument Global Technologies, Alcoa, Bulten, and ITW as the key vendors in the global industrial fasteners market. This industry research report also presents a competitive analysis of the market by end-users (automotive, construction, mining, marine, and others) and by geography (the Americas, APAC, and EMEA).
Overview of the global industrial fasteners market
Market research analysts at Technavio predict that the global industrial fasteners market will grow steadily during the next four years and post a CAGR of about 4% by 2020. This market research analysis identifies the emergence of self-clinching fasteners as one of the primary growth factors for this market. Self-clinching fasteners offer reusable and permanent load-bearing threads and come as the reliable solution for thin metal assemblies that involve thin sheet metals and require good pullout and torque loads, to provide safe fastening. Self-clinching fasteners come in a wide array of types and variations and since they require only a single mating piece to complete the assembling process, they significantly reduce the number of attachment hardware, such as lock washers, loose washers, and nuts. This makes the assembling process much easier and quick, which will aid in the growth of the market in the coming years.One of the major trends that will gain traction in this market is the elimination of defective fasteners with 3D inspection. The adoption of lightweight materials in vehicle manufacturing reduces the overall weight and the cost of production. This led to the rise in demand for materials such as aluminum, magnesium, zinc, and plastics and has increased the need to ensure and maintain the production rate and quality of the fasteners associated with these lightweight materials. This will induce industrial fastener manufacturers to adopt high-resolution 3D inspection to effectively eliminate defective parts and ensure zero defect in the final output.
Competitive landscape and key vendors
Characterized by the presence of several large and small scale vendors, this market appears to be highly fragmented and is dominated by the international players. The market is moderately capital-intensive, which poses as a stiff barrier to the local or domestic fasteners manufacturers. As international players are focusing on expanding their global reach and enhancing market shares, small players are finding it quite difficult to compete with them especially in terms of features such as quality, features, functionalities, and services. The introduction of new products with advanced features and technologies, will intensify the competitive environment in the coming years.The leading vendors in the market are –
Acument Global Technologies
Alcoa
Bulten
ITW
The other prominent vendors in the market are American Industrial Partners, Atlas Bolt and Screw, Air Industries, Ajax Metal Processing, Allfast Fastening Systems, Aoyama Seisakusho, ARaymond, ARNOLD Umformtechnik, ASYST Technologies, Automatic Screw Machine Products, Avibank Manufacturing, AVK Industrial Products, AAA Aircraft Supply, baier & michels, Cardinal Fastener, Cherry Aerospace, Cold Heading Company, Delo Screw Products, Würth Des Moines Bolt, Dokka Fasteners, Doncasters, EBC Industries, EJOT Holding, Pentair Engineered Electrical & Fastening Solutions, Fabristeel, FACIL Flexible Fastening Solutions, Fastenal, Fatigue Technology, Federal Screw Works, Ferry Cap & Set Screw, Fontana Luigi SpA, General Fasteners, GESIPA Fasteners USA, Global Fastener Alliance, SPS Greer Stop Nut, Hilti, Infasco, Indiana Automotive Fasteners, KAMAX Holding, Nedschroef Ultra Fasteners, Lamons, LISI, MacLean-Fogg, Marmon, MNP, Monogram Aerospace Fasteners, Nitto Seiko, Nucor, Nelson Stud Welding, Net Shaped Solutions, Nifco, Nylok, Pan American Screw, Park-Ohio Holdings, PB Fasteners, PennEngineering, PIOLAX, Powers Fasteners, RB&W Manufacturing, Robertson, Sundram Fasteners, Saturn Fasteners, SFS, Shanghai Prime Machinery, Shur-Lok, Southco, Specialty Bar Products Company, Stanley Black & Decker, Supply Technologies, TriMas Corporation, and Western Builders Supply.Segmentation by end-users and analysis of the industrial fasteners market
Automotive
Construction
Mining
Marine (…)
via Global Industrial Fasteners Market 2016-2020 | Technavio – Discover Market Opportunities.