GIA announces the release of a comprehensive global report on Aerospace Fasteners. The global market for Aerospace Fasteners is projected to reach US$8 billion by 2020, driven by the favorable outlook for the world commercial aviation industry.
San Jose, California (PRWEB) March 20, 2015
Follow us on LinkedIn – The aerospace fasteners market has evolved in sync with the aerospace industry. Development of commercial, shipping, military and business airplanes and highly advanced ballistic missiles and rockets, have exerted significant performance pressure on aircraft fasteners. Fasteners are required to be highly durable to withstand extreme gravitational pressures when in air. Although fasteners account for just 3% of the total airplane manufacturing cost, they represent important components that influence the overall safety and efficiency of an aircraft. The aerospace sector uses a variety of fasteners such as hi-locks, bolts, nuts, washers, rivets, collars, screws, spacers and pins. All these fasteners are required to be certified by stringent standards governing their production and use. Aircraft fasteners are generally identified by the designations, AN, NAS and MS, which also specify their uses.(…)
