According to Coherent Market Insights, the global aerospace fasteners market size is expected to stand at USD 8.50 Bn in 2026 and is projected to reach USD 14 Bn by 2033, expanding at a compound annual growth rate (CAGR) of 8% from 2026 to 2033. The global aerospace fasteners market represents a critical component of the aviation industry's supply chain, encompassing specialized mechanical hardware designed to join or secure structural elements in aircraft manufacturing and maintenance operations.
These precision-engineered components include bolts, screws, nuts, rivets, washers, and pins that must withstand extreme operational conditions including high temperatures, pressure variations, vibration, and corrosive environments encountered in aerospace applications. The market serves both commercial and military aviation sectors, supporting aircraft manufacturers, maintenance, repair, and overhaul (MRO) service providers, and defense contractors worldwide.
Market Dynamics
The global aerospace fasteners market is primarily driven by the resurgent commercial aviation sector, with increasing passenger traffic and airline fleet expansion initiatives creating substantial demand for new aircraft production and subsequent fastener requirements. The growing emphasis on fuel efficiency and lightweight aircraft designs has accelerated the adoption of advanced composite materials and titanium-based fasteners, which offer superior strength-to-weight ratios compared to traditional steel alternatives. Military modernization programs across developed and emerging economies are contributing significantly to market growth, as defense contractors upgrade aging aircraft fleets and develop next-generation combat platforms requiring specialized fastening solutions.
However, the market faces considerable restraints including stringent regulatory requirements and lengthy certification processes that can delay product launches and increase development costs for manufacturers. Supply chain disruptions, particularly those affecting raw material availability and pricing volatility of specialized aerospace-grade materials, pose ongoing challenges to market participants. Economic uncertainties and potential reductions in defense spending could impact long-term growth prospects, while the complex manufacturing processes required for aerospace-grade fasteners create significant barriers to entry for new market participants.
Key Features of the Study
Market Segmentation
Table of Contents
*Browse 32 market data tables and 28 figures on ‘Aerospace Fasteners Market' - Global forecast to 2033
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