0

Automotive Fasteners Market by End-user, Vehicle Type, and Geography - Forecast and Analysis 2023-2027

  • Published: Dec 2022
  • Pages: 155
  • SKU: IRTNTR44977
Technavio

Enjoy complimentary customisation on priority with our Enterprise License!

Safe and Secure SSL Encrypted

info
close
  • Single:

    One user only.
    Quick & easy download option

  • Enterprise:

    Unlimited user access (Within your organization)
    Complimentary Customization Included

2500 USD

The automotive fasteners market is estimated to grow at a CAGR of 8% between 2022 and 2027. The size of the market is forecast to increase by USD 8,379.8 million. The growth of the market depends on serval factors, including the cost advantages of using plastic automotive fasteners, the growing popularity of structural blind fasteners, and the stringent regulations to control emissions.

This report extensively covers market segmentation by end-user (OEM and aftermarket), vehicle type (passenger cars and commercial vehicles), and geography (APAC, Europe, North America, South America, and Middle East and Africa). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Automotive Fasteners Market During the Forecast Period?

Automotive Fasteners Market Size

To learn more about this report, Download Report Sample

Parent Market Analysis

The global automotive fasteners market is a part of the global automotive components and accessories market. Technavio categorizes the global automotive fasteners market as a part of the global automotive components and accessories market. The global automotive components and accessories market covers companies engaged in the production of parts and accessories for automobiles like passenger cars, electric vehicles (EVs), commercial vehicles (CVs), heavy-duty vehicles, off-road vehicles, motorcycles, scooters, quad bikes, and three-wheelers. Our research report has extensively covered external factors influencing the parent market growth during the forecast period.

Automotive Fasteners Market: Key Drivers, Trends, Challenges, and Customer Landscape

The cost advantages of using plastic automotive fasteners are notably driving the market growth, although factors such as fasteners-related recall due to improper manufacturing procedures may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Automotive Fasteners Market Driver

One of the key factors driving the automotive fasteners market is the cost advantages of using plastic automotive fasteners. In many automotive applications, plastic is replacing metal. Plastic clips, for example, are replacing metal brackets as mounting supports for heating, ventilation, and air conditioning (HVAC) and brake lines in automotive fluid routing assemblies. Using plastic instead of metal has a number of cost advantages, including material and labor costs. A rubber insert/grommet must be used in certain places in vehicle assemblies to prevent contact between two metal parts, which leads to galvanic corrosion. A rubber insert/grommet is not required for plastic parts.

As a result, the use of plastics eliminates the entire material and lowers the material and labor costs associated with grommet installation. Furthermore, plastics have a faster turnaround and throughput time than metal. This increases production volume while lowering the cost per part manufactured, lowering the manufacturing cost. Moreover, several cost advantages, such as material, labor, manufacturing, and shipping coupled with the non-corrosive nature and versatility of plastic fasteners, which allows them to be made into complex shapes, will drive the market during the forecast period.

Significant Automotive Fasteners Market Trend

The growing popularity of lightweight fastener solutions is another factor supporting the automotive fastener market growth in the forecast period. Automotive fastener manufacturers are being compelled by changes and advancements in the industry to introduce lightweight innovations to improve the strength and performance of fasteners. Fasteners should provide lightweight solutions without compromising strength as the automotive industry moves toward the trend of lighter vehicles. Lightweight materials are commonly used in vehicle applications such as the body, chassis, and interior, as well as powertrain components.

To join these components, manufacturers use various technologies such as clinching, flow drilling screws for metal, and thread-forming screws for plastics. Self-piercing riveting is used by automakers to join a variety of parts. The weight of the vehicle can be reduced because of these automotive fastening technologies. Though these technological advancements are widely accepted and used in the automotive industry, they are restricted to luxury vehicles. During the forecast period, these fastening technologies are expected to be expanded to mid-segment vehicles as well, accelerating market growth.

Major Automotive Fasteners Market Challenge

Fasteners-related recall due to improper manufacturing procedures will be a major challenge for the automotive fasteners market during the forecast period. Depending on the reason for the recall, the cost of a product recall is shared across the value chain in the automotive industry. In the case of automotive fasteners, the following are the two most common causes of failure that would result in vehicle recalls: The use of poor materials and surface treatments results in a low-quality product with poor fastener design and assembly.

Furthermore, by following proper manufacturing and quality control procedures during and after the fabrication of fasteners, these issues can be reduced or eliminated. Moreover, failures due to improper joint design are uncommon in automotive fasteners, but when they do happen, they can result in 100% system failure. As a result, one of the major challenges for the global automotive fasteners market is product recall due to fastener-related issues, which impedes market growth.

Key Automotive Fasteners Market Customer Landscape

The report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Automotive Fasteners Market Share by Geography

Global Automotive Fasteners Market Customer Landscape

Who are the Major Automotive Fasteners Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.

agrati.com - The company offers fastening and component solutions such as nuts and internally threaded fasteners, for different applications in the automotive, and commercial vehicle markets. Also, Under this segment, the company offers advanced fastening system and automotive OEMs.

The report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • Acument Global Technologies Inc.
  • Bulten AB
  • EJOT HOLDING GmbH & Co. KG
  • Illinois Tool Works Inc.
  • KAMAX Holding GmbH & Co KG
  • Koninklijke Nedschroef Holding BV
  • Nifco Inc.
  • Norm Holding
  • Penn Engineering
  • Phillips Screw Co.
  • Precision Castparts Corp.
  • Raygroup SASU
  • Rocknel Fastener Inc.
  • SBE VARVIT Spa
  • Simmonds Marshall Ltd.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Automotive Fasteners Market?

The market share growth by the OEM segment will be significant during the forecast period. The OEM holds the highest share of the global automotive fasteners market in 2022 and is expected to continue during the forecast period. In the automotive industry, OEMs use fasteners for various applications. In most cases, these automotive fasteners are first tested to ensure they will perform well once the vehicle hits the market. Such factors ill increase segment growth during the forecast period.

Automotive Fasteners Market Size

Get a glance at the market contribution of various segments Request a PDF Sample

The OEM segment was valued at USD 14,778.56 million in 2017 and continue to grow by 2021Automotive fasteners allow dissimilar materials to join without using adhesives, which can be messy, and bonds may not be as strong as those created by screws or automotive bolts. Thus, with the increasing production activities in the automotive sector, the demand for automotive fasteners will also increase during the forecast period. Thus, the OEM segment in the global automotive fasteners market is expected to grow during the forecast period. 

Which are the Key Regions for the Automotive Fasteners Market?

Automotive Fasteners Market Share by Geography

For more insights on the market share of various regions Request PDF Sample now!

APAC is estimated to contribute 59% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. APAC is expected to be the fastest-growing region for the automotive fasteners market during the forecast period. The growth of APAC in the automotive fasteners market is expected to outpace the growth of the market in Europe and North America during the forecast period. APAC has become both the largest and fastest-growing vehicle market in the world. Most revenue is expected to emanate from China, Japan, and India due to growing automobile production in these countries. The growth in automotive vehicle production in this region is driven by automobile manufacturers, such as GM, Ford, Volkswagen, and Daimler, who have shifted their production bases to the developing countries in APAC.

In 2020, the outbreak of COVID-19 severely affected the growth of the automotive sector in APAC. However, with the lifting of lockdowns in the second half of 2020, due to the initiation of vaccination programs across APAC, manufacturing and retail activities peaked steadily in the region. This is expected to drive the demand for automotive fasteners from the automotive industry for various applications during the forecast period. Moreover, the automotive industry in APAC, especially in India and China, is expected to grow significantly during the forecast period. 

Segment Overview

The report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. The market has been segmented by End-user (OEM and Aftermarket), Vehicle Type (Passenger cars and Commercial vehicles), and Geography (APAC, Europe, North America, South America, and Middle East and Africa).

  • End-user Outlook (USD Million, 2017 - 2027)
    • OEM
    • Aftermarket
  • Vehicle Type Outlook (USD Million, 2017 - 2027)
    • Passenger cars
    • Commercial vehicles
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • South America
      • Chile
      • Argentina
      • Brazil
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa

Automotive Fasteners Market Scope

Report Coverage

Details

Page number

155

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 8%

Market growth 2023-2027

USD 8,379.8 million

Market structure

Fragmented

YoY growth 2022-2023(%)

6.82

Regional analysis

APAC, Europe, North America, South America, and Middle East and Africa

Performing market contribution

APAC at 59%

Key countries

US, China, Japan, India, and Germany

Competitive landscape

Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

A.AGRATI Spa, Acument Global Technologies Inc., Bulten AB, EJOT HOLDING GmbH & Co. KG, Illinois Tool Works Inc., KAMAX Holding GmbH & Co KG, Koninklijke Nedschroef Holding BV, Nifco Inc., Norm Holding, Penn Engineering, Phillips Screw Co., Precision Castparts Corp., Raygroup SASU, Rocknel Fastener Inc., SBE VARVIT Spa, Simmonds Marshall Ltd., Stanley Black and Decker Inc., Sterling Tools Ltd, Sundaram Fasteners Ltd, and Trifast plc

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Request PDF sample

What are the Key Data Covered in this Automotive Fasteners Market Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the automotive fasteners market between 2023 and 2027
  • Precise estimation of the size of the automotive fasteners market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the market industry across APAC, Europe, North America, South America, and Middle East and Africa
  • Thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of automotive fasteners market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global automotive fasteners market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global automotive fasteners market 2017 - 2021 ($ million)
    • 4.2 End-user Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – End-user Segment 2017 - 2021 ($ million)
    • 4.3 Vehicle type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by End-user

    • 6.1 Market segments
      • Exhibit 30: Chart on End-user - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on End-user - Market share 2022-2027 (%)
    • 6.2 Comparison by End-user
      • Exhibit 32: Chart on Comparison by End-user
      • Exhibit 33: Data Table on Comparison by End-user
    • 6.3 OEM - Market size and forecast 2022-2027
      • Exhibit 34: Chart on OEM - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on OEM - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on OEM - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on OEM - Year-over-year growth 2022-2027 (%)
    • 6.4 Aftermarket - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Aftermarket - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Aftermarket - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Aftermarket - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Aftermarket - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by End-user
      • Exhibit 42: Market opportunity by End-user ($ million)

    7 Market Segmentation by Vehicle Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Vehicle Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Vehicle Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Vehicle Type
      • Exhibit 45: Chart on Comparison by Vehicle Type
      • Exhibit 46: Data Table on Comparison by Vehicle Type
    • 7.3 Passenger cars - Market size and forecast 2022-2027
      • Exhibit 47: Chart on Passenger cars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on Passenger cars - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on Passenger cars - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on Passenger cars - Year-over-year growth 2022-2027 (%)
    • 7.4 Commercial vehicles - Market size and forecast 2022-2027
      • Exhibit 51: Chart on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on Commercial vehicles - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on Commercial vehicles - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on Commercial vehicles - Year-over-year growth 2022-2027 (%)
    • 7.5 Market opportunity by Vehicle Type
      • Exhibit 55: Market opportunity by Vehicle Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 57: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 58: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 59: Chart on Geographic comparison
      • Exhibit 60: Data Table on Geographic comparison
    • 9.3 APAC - Market size and forecast 2022-2027
      • Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 North America - Market size and forecast 2022-2027
      • Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.6 South America - Market size and forecast 2022-2027
      • Exhibit 73: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.7 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.8 China - Market size and forecast 2022-2027
      • Exhibit 81: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.9 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.10 Japan - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.11 India - Market size and forecast 2022-2027
      • Exhibit 93: Chart on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on India - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on India - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on India - Year-over-year growth 2022-2027 (%)
    • 9.12 Germany - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 101: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 102: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 103: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 104: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 105: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 106: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 107: Matrix on vendor position and classification
            • 12.3 A.AGRATI Spa
              • Exhibit 108: A.AGRATI Spa - Overview
              • Exhibit 109: A.AGRATI Spa - Product / Service
              • Exhibit 110: A.AGRATI Spa - Key offerings
            • 12.4 Acument Global Technologies Inc.
              • Exhibit 111: Acument Global Technologies Inc. - Overview
              • Exhibit 112: Acument Global Technologies Inc. - Product / Service
              • Exhibit 113: Acument Global Technologies Inc. - Key offerings
            • 12.5 Bulten AB
              • Exhibit 114: Bulten AB - Overview
              • Exhibit 115: Bulten AB - Business segments
              • Exhibit 116: Bulten AB - Key offerings
              • Exhibit 117: Bulten AB - Segment focus
            • 12.6 EJOT HOLDING GmbH and Co. KG
              • Exhibit 118: EJOT HOLDING GmbH and Co. KG - Overview
              • Exhibit 119: EJOT HOLDING GmbH and Co. KG - Product / Service
              • Exhibit 120: EJOT HOLDING GmbH and Co. KG - Key offerings
            • 12.7 Illinois Tool Works Inc.
              • Exhibit 121: Illinois Tool Works Inc. - Overview
              • Exhibit 122: Illinois Tool Works Inc. - Business segments
              • Exhibit 123: Illinois Tool Works Inc. - Key offerings
              • Exhibit 124: Illinois Tool Works Inc. - Segment focus
            • 12.8 KAMAX Holding GmbH and Co KG
              • Exhibit 125: KAMAX Holding GmbH and Co KG - Overview
              • Exhibit 126: KAMAX Holding GmbH and Co KG - Product / Service
              • Exhibit 127: KAMAX Holding GmbH and Co KG - Key offerings
            • 12.9 Koninklijke Nedschroef Holding BV
              • Exhibit 128: Koninklijke Nedschroef Holding BV - Overview
              • Exhibit 129: Koninklijke Nedschroef Holding BV - Product / Service
              • Exhibit 130: Koninklijke Nedschroef Holding BV - Key offerings
            • 12.10 Nifco Inc.
              • Exhibit 131: Nifco Inc. - Overview
              • Exhibit 132: Nifco Inc. - Business segments
              • Exhibit 133: Nifco Inc. - Key offerings
              • Exhibit 134: Nifco Inc. - Segment focus
            • 12.11 Norm Holding
              • Exhibit 135: Norm Holding - Overview
              • Exhibit 136: Norm Holding - Product / Service
              • Exhibit 137: Norm Holding - Key offerings
            • 12.12 Penn Engineering
              • Exhibit 138: Penn Engineering - Overview
              • Exhibit 139: Penn Engineering - Product / Service
              • Exhibit 140: Penn Engineering - Key offerings
            • 12.13 Phillips Screw Co.
              • Exhibit 141: Phillips Screw Co. - Overview
              • Exhibit 142: Phillips Screw Co. - Product / Service
              • Exhibit 143: Phillips Screw Co. - Key offerings
            • 12.14 Raygroup SASU
              • Exhibit 144: Raygroup SASU - Overview
              • Exhibit 145: Raygroup SASU - Product / Service
              • Exhibit 146: Raygroup SASU - Key offerings
            • 12.15 Rocknel Fastener Inc.
              • Exhibit 147: Rocknel Fastener Inc. - Overview
              • Exhibit 148: Rocknel Fastener Inc. - Product / Service
              • Exhibit 149: Rocknel Fastener Inc. - Key offerings
            • 12.16 SBE VARVIT Spa
              • Exhibit 150: SBE VARVIT Spa - Overview
              • Exhibit 151: SBE VARVIT Spa - Product / Service
              • Exhibit 152: SBE VARVIT Spa - Key offerings
            • 12.17 Sundaram Fasteners Ltd
              • Exhibit 153: Sundaram Fasteners Ltd - Overview
              • Exhibit 154: Sundaram Fasteners Ltd - Product / Service
              • Exhibit 155: Sundaram Fasteners Ltd - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 156: Inclusions checklist
                • Exhibit 157: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 158: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 159: Research methodology
                • Exhibit 160: Validation techniques employed for market sizing
                • Exhibit 161: Information sources
              • 13.5 List of abbreviations
                • Exhibit 162: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              TechnavioINFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases
              Technavio

              TechnavioDATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts
              Technavio

              TechnavioREPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape
              Interested in this report?
              Get your sample now!
              Automotive Fasteners market growth will increase by $8379.8 million during 2023-2027.
              The automotive fasteners market is expected to grow at a CAGR of 8% during 2023-2027.
              Technavio has segmented the automotive fasteners market by end-user (OEM and Aftermarket) ,vehicle type (Passenger cars, Commercial vehicles, North America, South America, and MEA) , and geography (APAC, Europe, North America, South America, and Middle East and Africa).
              A.AGRATI Spa, Acument Global Technologies Inc., Bulten AB, EJOT HOLDING GmbH and Co. KG, Illinois Tool Works Inc., KAMAX Holding GmbH and Co KG, Koninklijke Nedschroef Holding BV, Nifco Inc., Norm Holding, Penn Engineering, Phillips Screw Co., Precision Castparts Corp., Raygroup SASU, Rocknel Fastener Inc., SBE VARVIT Spa, Simmonds Marshall Ltd., Stanley Black and Decker Inc., Sterling Tools Ltd, Sundaram Fasteners Ltd, Trifast plc are a few of the key vendors in the automotive fasteners market.
              APAC will register the highest growth rate of 58.5% among the other regions. Therefore, the automotive fasteners market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
              The key factors driving the automotive fasteners market growth are:
              • Cost advantages of using plastic automotive fasteners
              • Growing popularity of lightweight fasteners solutions
              The automotive fasteners market vendors should focus on grabbing business opportunities from the oem segment as it accounted for the largest market share in the base year.
              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?
              • Off-the-shelf research reports
              • Reports can be tailored to meet the customer's needs
              • Trusted by more than 100 fortune 500 organizations
              • Information about the market's key drivers, trends, and challenges
              • Parent market analysis
              • Every week, 50,000 people visit our subscription platform
              • Detailed vendors report with competitive landscape
              • Covid-19 impact and recovery analysis
              • Data on revenue-generating market segments
              • Details on the market shares of various regions
              • Five-force market analysis

              Certified ISO 9001 : 2015

              We are ISO recognized

              We are ISO 9001:2015 recognized that ensures quality services and product delivery to our clients.

              We are GDPR and CCPA compliant

              We are GDPR and CCPA compliant! Your transaction & personal information is protected from unauthorized use.

              Safe and Secure SSL Encrypted
              Technavio

              info
              close
              • Single:

                One user only.
                Quick & easy download option

              • Enterprise:

                Unlimited user access (Within your organization)
                Complimentary Customization Included

              2500 USD

              Technavio Get the report (PDF) sent to your email within minutes.

              Subscribe & Save

              Get lifetime access to our
              Technavio Insights

              Customized Report as per your Business Needs

              • Our analysts will work directly with you and understand your needs
              • Get data on specified regions or segments, competitor and Vendors
              • Data will be formatted and presented as per your requirements
              • We offer $1000 worth of FREE customization at the time of purchase

              Let us help you make report more suited to your requirements.

              • Get a competitive breakdown as per your niche industry
              • Customize the data with various metrics that meet your business prerequisite
              • Understand Revenue Sources, Customers and many more
              • Details on Market Share
              • These customizations are done in a short amount of time by our analysts and industry experts
              Technavio
              Enquire Before Buying
              17,000 reports available | Plans starting from just 5,000 USD | Get FREE trial>>