Global Automotive Fixers The Market Research Report provides a comprehensive analysis of market outlook, regulatory frameworks, and macro and micro-economic factors that influence market growth. The report is formulated through extensive research and research that provide accurate and genuine information on market size, market share, product range, net sales production and marketed market growth. The report provides key views on the competitive and regional landscape of the market to help strategic business plans and investors to help strategic business plans. Global automotive mounting markets are steady growth supported by increasing vehicle production, transition to electric vehicles (EV) and light car components. According to the latest industrial analysis, the market is expected to grow from $ 12.5 billion between 2024 and $ 21.5 billion by 2034, and the combined annual growth rate (CAGR) will be 5.5%.
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One of the most important reasons for this growth is the increasing demand for light, highly strength fasteners. As the automotive industry moves towards more fuel efficient vehicles, materials such as aluminum and titanium have gained popularity. These components help reduce the total weight of the vehicle while maintaining safety and durability.
The mortgage market also benefits from rapid expansion of the electric vehicle sector. EVs require specialized fasteners that can withstand higher temperatures and deal with electrical conductivity. This demand is expected to increase as the sale of electric vehicles increases by 30% per year.
In addition to lighter materials, the industry sees the rise of smart fasteners – components that include sensors to track performance and safety in real time. Companies such as Illinois Tool Works and Stanley Black & Decker are at the forefront of these innovations. For example, the recently launched corrosion -oriented fasteners from Stanley Black & Decker are specifically designed for EV and are predicted to implement a significant market share due to their improved durability.
The Regional Landscape Department of the Automotive Fasteners report provides deeper information on regulatory framework, current and evolving market development, production and consumer models, supply and demand dynamics, import/exports and the presence of large actors in the area.
The different areas analyzed in the report include:
• North America (United States, Canada)
• Europe (the United Kingdom, Italy, Germany, French, other EU)
• Asian and Pacific region (India, Japan, China, South Korea, Australia, other Apac)
• Latin America (Chile, Brazil, Argentina, Latin American other)
.
In addition, a 15%annual increase in lightweight materials, such as McKinsey and the International Energy Agency (IEA), will directly increase the demand for advanced fasteners. This is still supported by the government’s initiatives. The European Union’s strict emission standards and the US Ministry of Energy funding for light technology encourage car manufacturers to introduce new mortgage solutions.
However, the market also faces some challenges. Compliance with international manufacturing standards and environmental regulations – such as ISO/TS 16949 and EU REACH policy – can be expensive and time consuming for manufacturers. In particular, smaller companies can struggle to stay with these requirements.
The competition environment section provides valuable and functional insights related to the business of the automotive industry fastening market and covers the main profiling of market players. The report provides information on market share, product range, pricing analysis and strategic unions such as acquisitions, joint ventures, cooperation, partnerships, product launch and brand tenders. The report also deals with initiatives taken by key companies to combat the effect of Covid-19 Pandemic
The top ten companies
Stanley Black & Decker
Income: $ 14 billion
Region: North America
Nuclear product: fasteners and tools
Market Status: A leading player with a 12%market share
Strategic movements: Investing in intelligent mounting technology
Illinois tool works
Income: $ 13 billion
Region: North America
Nuclear product: fasteners and components
Market position: a leading player with a 10%market share
Strategic movements: Expanding production capacity in the Asia and Pacific region
Nifco
Income: $ 10 billion
Area: Asian and Pacific region
Nuclear product: plastic brackets
Market position: a leading player with an 8%market share
Strategic movements: Investing in lightweight materials
Consume
Income: $ 8 billion
Region: Europe
Nuclear product: fasteners and components
Market position: a leading player with a 6%market share
Strategic movements: Expanding production capacity in Europe
SFS group
Income: $ 7 billion
Region: Europe
Nuclear product: fasteners and components
Market Status: A leading player with a 5%market share
Strategic movements: Investing in advanced manufacturing techniques
Lisi
Income: $ 6 billion
Region: Europe
Nuclear product: fasteners and components
Market position: a leading player with a 4%market share
Strategic movements: Expanding production capacity in Europe
Meira Corporation
Income: $ 5 billion
Area: Asian and Pacific region
Nuclear product: fasteners and components
Market position: a leading player with a 3%market share
Strategic movements: Investing in advanced manufacturing techniques
Pela
Income: $ 4 billion
Area: Asian and Pacific region
Nuclear product: fasteners and components
Market Status: A leading player with a 2%market share
Strategic movements: Expanding production capacity in the Asia and Pacific region
Stanley designed the mounting
Income: $ 3 billion
Region: North America
Nuclear product: fasteners and components
Market Status: a leading player with 1%market share
Strategic movements: Investing in intelligent mounting technology
Araymond
Income: $ 2 billion
Region: Europe
Nuclear product: fasteners and components
Market position: a leading player with a 0.5% market share
Strategic movements: Expanding production capacity in Europe
The complexity of modern vehicle models increases the difficulties that require fasteners that operate in demanding conditions. This increases the need for higher investments in research and development. In addition, global events, including geopolitical issues and Covid-19 pandemic, caused by supply chain disruptions have increased the cost of raw materials by about 20 %, which affects the manufacturer’s margins.
The report branching into the car mounting market on the basis of different types of product types, applications, end -user industry and key areas of the world, where the market has already established its presence. The report provides a precise understanding of the supply of each segment and the amount of production and consumption.
Automotive Fasteners segmentation
According to the product type
Metal fasteners
Non-metal fasteners
By applying
Car assembly
Engine manufacturing
Body -white
The end user
OEM manufacturers
Aftermarket
According to the technology
Conventional fasteners
Intelligent fasteners
On the distribution channel
Direct sales
Distributors
The shortage of professional work and the need for modern production infrastructure remains continuous. According to a study by a European Automobile Manager’s Association, 62% of car suppliers mentions compliance with regulation as a significant barrier to market growth.
Know more about the report @ https://www.reportsanddata.com/report-detail/automotive-engine-acturaters-market
Despite these challenges, the outlook for the automotive industry mounting market is still strong. Vehicles’ growing demand, continuous material science innovation and increased EVS concentration are expected to keep the market steady upward over the next decade.
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