Stratview Research publishes a new report titled Aircraft Blind Bolts Market which is segmented by Aircraft Type (Commercial Aircraft, Regional Aircraft, Helicopter, Military Aircraft, and General Aviation), by Application Type (Airframe, Control Surfaces, Interior, Engine, and Others), by Material Type (Titanium Bolts, Aluminum Bolts, Steel Bolts, and Other Bolts), by Blind Bolt Type (Drive-Nut Bolt and Pull Type Bolt), by End-User Type (OE and Aftermarket), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

Market Insights

Blind bolts currently account for less than 5% of the total aircraft fasteners market. However, the bolt type is expected to be one of the fastest-growing fastener types in the aircraft industry in the coming five years to reach an estimated value of US$ 238.7 million in 2024.

Global Aircraft Blind Bolts Market Report Segments:

The aircraft blind bolts market is segmented based on the aircraft type as commercial aircraft, regional aircraft, helicopter, military aircraft, and general aviation. Commercial aircraft is expected to remain the largest and fastest-growing segment of the market during the forecast period. Increasing demand for blind fasteners over traditional fasteners; increasing production rates of key programs, such as B737, A320 family, B787, and A350XWB; market entry of new players, such as COMAC and Irkut; introduction of variants of existing best-selling aircraft programs, such as B737 max, A320neo, and B777X; and rising commercial aircraft fleet size across regions are the key factors propelling the demand for blind bolts in the commercial aircraft segment.

Based on the application type, the market is segmented as airframe, control surfaces, interior, engine, and others. The airframe application is expected to remain the most dominant segment of the market during the forecast period. The airframe is the largest structure in the aircraft where blind bolts are used in a wide array of applications including wings and fuselage, leading to its dominance in the market.

Based on the material type, the aircraft blind bolts market is segmented into titanium blind bolts, aluminum blind bolts, steel blind bolts, and other blind bolts. Titanium blind bolts are expected to remain the largest segment of the market during the forecast period and are also expected to witness the highest growth during the same period. There has been an incessant replacement of steel and other heavy metal-based blind bolts with titanium blind bolts, owing to their excellent performance at a relatively low weight.

In terms of regions, North America is expected to remain the largest market for aircraft blind bolts during the forecast period. The USA is the growth engine of the region’s market with the presence of major aircraft OEMs, tier players, blind bolt suppliers, and end users. All the major blind bolt manufacturers have their presence in the region to address the emergent needs of the OEMs in order to be the partner for their upcoming aircraft programs or upcoming fuel-efficient variants of existing aircraft programs.

Asia-Pacific is expected to experience the highest growth in the market during the forecast period. The highest growth of Asia-Pacific is mainly attributable to the increasing aircraft fleet to support rising passenger traffic; the opening of assembly plants of Boeing and Airbus for B737, A320, and A330 aircraft programs; increasing procurement of military aircraft owing to the rising defense budget; and upcoming indigenous commercial and regional aircraft (C919 and MRJ).

Why is this report beneficial?

The report covers comprehensive data on emerging trends, market drivers, growth opportunities, and restraints that can change the market dynamics of the industry. It provides an in-depth analysis of the market segments which include products, applications, and competitor analysis.

It also offers –

-        Market Overview

-        Key Manufacturers Profiles

-        Market Analysis by Region

-        Market Segment by Type

-        Market Segment by Application

-        Raw Material and Supply Chain

-        Other Key Research Findings

All the data compiled by the market experts is the outcome of rigorous primary and secondary research conducted on the market players and reliable sources, including company white papers, journals, press releases, and more.

Key players active in the market –

The following are some of the key players in the Aircraft Blind Bolts Market:

• TriMas Corporation
• Arconic Inc.
• PCC Fasteners
• LISI Aerospace
• Stanley Black and Decker, Inc.
• Kwikbolt Limited.

Customization of the report –

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