How big is the aerospace fasteners market?

The global aerospace fasteners market size was estimated at USD 7.28 billion in 2024 and is expected to reach USD 7.80 billion in 2025.

What is the aerospace fasteners market growth?

The global aerospace fasteners market is expected to grow at a compound annual growth rate of 7.2% from 2025 to 2033 to reach USD 13.61 billion by 2033.

Which segment accounted for the largest aerospace fasteners market share?

The commercial segment of the market accounted for the largest revenue share of 67.0% in 2024, driven by the high production volumes of commercial aircraft from manufacturers like Boeing, coupled with the growing global air travel demand and the need for fleet expansion and modernization.

Who are the key players in aerospace fasteners market?

Some of the key players operating in the aerospace fasteners market include SFS Group, LISI Aerospace, Precision Castparts Corp., Howmet Aerospace, MinebeaMitsumi Aerospace, 3V Fasteners, Boeing, TriMas Corporation, National Aerospace Fasteners Corporation (NAFCO), and B&B Specialties Inc.

What are the factors driving the aerospace fasteners market?

Key factors driving the aerospace fasteners market include rising aircraft production, growing MRO demand, lightweight material adoption, and increased defense spending.