Global Aerospace Titanium Fasteners Market: Key Regions and Forecasts by Technavio

LONDON–()–The global
aerospace titanium fasteners market
is expected to grow
at a CAGR of almost 7% during the forecast period, according to
Technavio’s latest market research.

In this market research report, Technavio
covers the market outlook and growth prospects of the global aerospace
titanium fasteners
market for 2017-2021. The
market is further categorized into two application segments comprising
of military aerospace and commercial aerospace, of which the military
aerospace segment accounted for more than 61% of the market share in
2016.

“With the transformation of the aerospace industry, titanium
fasteners have evolved to be prominently used in the aircraft
manufacturing and assembly processes. These systems play a significant
role in defining the design philosophy, longevity, and structural
integrity of a number of aircraft metallic structures,”
says
Avimanyu Basu, a lead aerospace
components
research expert from Technavio.

Technavio’s research analysts segment the global aerospace titanium
fasteners market into the following regions:

Aerospace titanium fasteners market in the Americas

The Americas is home to few of the world’s most renowned commercial
aircraft and business jet manufacturers, which include Boeing,
Bombardier, Gulfstream, and Embraer. Companies such as Boeing often
engage in R&D projects with the manufacturers of aerospace fasteners.
The US is making substantial investments in producing advanced fastening
systems, which will be integrated across modern fighter jets and MEA
such as Boeing 787.

North America extensively invests in aerospace titanium fasteners, and
thus generates a very high demand for these fastening systems. Although,
Brazil and…

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