Fixed Wing Aircraft Rivets Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

MARKET OVERVIEW

A rivet is basically a metal pin with a "shop head" on one end and a "shaped head" on the other end. Unique rivets and strong shank rivets are the two styles of rivets that are utilized in aircrafts. Aerospace rivets are utilized to secure fittings to various parts of aircraft and for joining aircraft skin sections and spar sections. Additionally, aerospace rivets are used for joining a large number of bracing members and other components. Fixed wing aircraft rivets market is anticipated to grow notably all over the world.

MARKET SCOPE

The "Global Fixed Wing Aircraft Rivets Market Analysis to 2031" is a specialized and in-depth study of the aerospace and defense industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fixed wing aircraft rivets market with detailed market segmentation by platform, product type, end-user and geography. The report provides key statistics on the market status of the leading fixed wing aircraft rivets market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

•   Based on platform, the global fixed wing aircraft rivets market is segmented into General aviation aircraft, commercial aircraft and military aircraft.
  
•   On the basis of product type, the market is segmented into blind rivet, solid shank rivet, pull-thru rivets, bulbed cherrylock rivet and others.
  
•   Based on end-user, the global fixed wing aircraft rivets market is segmented into OEMs and MRO service providers.
  

MARKET DYNAMICS

Drivers:

•   Growing aviation sector in various countries of the world.
  
•   Increasing per capita disposable income in various developing countries.
  

Restraints:

•   Fluctuating norms by respective authorities may hinder the market growth
  

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), and Rest of the World (RoW). The fixed wing aircraft rivets market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 17 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive porter's five forces analysis affecting the fixed wing aircraft rivets market worldwide.

IMPACT OF COVID-19 ON FIXED WING AIRCRAFT RIVETS MARKET

The pandemic of COVID-19 has impacted the aviation industry to a great extent. Before the pandemic began, the demand for fixed-wing aircraft rivets in the aviation sector was growing notably owing to higher investment and increasing disposable income. Restriction of the limited workforce, temporary manufacturing shutdown, limited availability of raw material, and delay in scheduled deliveries has affected the production process negatively. Airbus delivered 566 jets in 2021 as compared to 863 in 2021. Some of the key market players are trying to focus on adopting respective strategies for overcoming production challenges. Companies are exploring the possibilities of smart transportation services, autonomous manufacturing technologies, and planning to begin in-house raw material production for reducing the dependency on raw material suppliers. Demand for blind rivets, pull-thru rivets, solid shank rivets, and bulbed cherrylock rivets in the commercial and general aviation sector is impacted negatively. With ease in restriction, the aviation sector has started coming back to its normal state.

MARKET PLAYERS

The report covers key developments in the fixed wing aircraft rivets market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fixed wing aircraft rivets market are anticipated to lucrative growth opportunities in the future with the rising demand for fixed wing aircraft rivets in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fixed wing aircraft rivets market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

•   B and B Specialties, Inc.
  
•   Ho-Ho-Kus, Inc.
  
•   Howmet Aerospace
  
•   LISI AEROSPACE
  
•   National Aerospace Fasteners Corporation
  
•   Palmer Bolt and Supply
  
•   Precision Castparts Corp.
  
•   Stanley Black and Decker, Inc.
  
•   TFI Aerospace
  
•   TriMas
  

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Fixed Wing Aircraft Rivets Report Scope