February 27, 2017 09:32 AM Eastern Standard Time
DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the "Industrial Fasteners Market 2014 – 2025" report to their offering.The global industrial fasteners market is expected to reach USD 134.20 billion by 2025 The growing demand for automobiles, electronics appliances, aircraft, industrial machinery, and medical equipment will drive product demand over the upcoming years. Furthermore, increasing government spending on infrastructure and machinery sector is expected to aid in the market expansion.
The usage of industrial fasteners in maintenance, repair, and overhaul (MRO) industry will foresee substantial revenue growth at a CAGR of 5.3% from 2016 to 2025. Rising MRO activities in various sectors including automotive, aerospace, electronics, construction, and electrical will increase market size. The growing requirement for enhanced efficiency from machines is anticipated to fuel the need for MRO activities, which in turn is expected to spur the industrial fastener demand over the upcoming years.
North America accounted for 20.9% of the global revenue share in 2015 and is projected to show growth on account of rising usage of the product in the aerospace and automotive sectors over the upcoming years. Moreover, the presence of the large automotive manufacturers, such as Chrysler, Dodge, Jeep, Ford, Chevrolet, Buick, Cadillac, and Lincoln, will drive demand over the forecast period.
Companies Mentioned
Alcoa, Inc.
Precision Castparts Corporation
Illinois Tool Works Incorporated (ITW)
Acument Global Technologies
ATF
Dokka Fasteners
LISI Group – Link Solutions for Industry
Nippon Industrial Fasteners Company (Nifco)
Stanley Black & Decker
Penn Engineering
Hilti AG
Standard Fasteners Ltd.
EJOT
Kova Fasteners Pvt. Ltd.
MW Industries
Key Topics Covered:1. Methodology and Scope
2. Executive Summary
3. Industrial Fasteners Market Variables, Trends & Scope
4. Industrial Fasteners Market: Product Estimates & Trend Analysis
5. Industrial Fasteners Market: Application Estimates & Trend Analysis
6. Industrial Fasteners Market: Regional Estimates & Trend Analysis
7. Competitive Landscape
8. Competitive Landscape
For more information about this report visit http://www.researchandmarkets.com/research/tkxhqw/industrial
