Automotive Bolt (Fastener) Market size was valued at USD 21.3 Billion in 2024 and is projected to reach USD 29.6 Billion by 2033, exhibiting a CAGR of 4.5% from 2026 to 2033.
The global automotive bolt (fastener) market was valued at approximately USD 26.3 billion in 2022 and is projected to grow at a CAGR of 5.1% from 2023 to 2030. This market growth is driven by the increasing demand for lightweight and high performance fasteners in the automotive industry. North America and Europe hold significant shares of the automotive bolt market due to the presence of major automotive manufacturers and a strong emphasis on vehicle safety standards. In 2022, North America accounted for a market share of 29.7%, valued at USD 7.8 billion, while Europe held a share of 25.4%, valued at USD 6.7 billion. The Asia Pacific region is expected to witness the highest growth during the forecast period, driven by the rapidly expanding automotive production in countries such as China, India, and Japan. The Asia Pacific market is expected to reach USD 12.6 billion by 2030, growing at a CAGR of 6.2% from 2023 to 2030.
Latin America and the Middle East & Africa (MEA) are anticipated to see moderate growth in the automotive bolt market due to increasing automotive manufacturing activities. Latin America, which accounted for USD 1.5 billion in 2022, is expected to grow at a CAGR of 4.4%, while the MEA region, valued at USD 1.0 billion in 2022, is projected to grow at a CAGR of 3.9% during the forecast period. The demand for automotive bolts in these regions is primarily driven by the expansion of automotive production facilities and rising vehicle sales. The ongoing shift towards electric vehicles (EVs) also presents new opportunities for automotive bolt manufacturers, as these vehicles require advanced and specialized fastening solutions for lightweight structures and battery pack assemblies.
Get | Download Sample Copy with TOC, Graphs & List of Figures @ http://verifiedmarketreports.com/download-sample/?rid=809534&utm_source=Pulse_G_April&utm_medium=226
Würth
KAMAX
ITW
SFS intec
LISI
Keller & Kalmbach
NORMA
STANLEY
Araymond
Aoyama Seisakusho
Meidoh
ZF TRW
Meira
Topura
Böllhoff
Precision CastpartsCorp.
PSM International
Samjin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase Of This Report @ https://www.verifiedmarketreports.com/ask-for-discount/?rid=809534&utm_source=Pulse_G_April&utm_medium=226
Growing demand for below applications around the world has had a direct impact on the growth of the Global Automotive Bolt (Fastener) Market
Hex Bolts
Carriage Bolts
Flange Bolts
Shoulder Bolts
Thumb Screws
Carbon Steel
Alloy Steel
Engine Components
Body & Chassis
Electrical Systems
Suspension System
Interior Fittings
Passenger Cars
Commercial Vehicles
Motorcycles
Electric Vehicles
Heavy-Duty Trucks
OEM (Original Equipment Manufacturer)
Aftermarket
Retail Stores
Online Platforms
Wholesale Distributors
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ https://www.verifiedmarketreports.com/product/automotive-bolt-fastener-market/
1. Introduction of the Global Automotive Bolt (Fastener) Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Automotive Bolt (Fastener) Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Automotive Bolt (Fastener) Market, By Type
6. Global Automotive Bolt (Fastener) Market, By Application
7. Global Automotive Bolt (Fastener) Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Automotive Bolt (Fastener) Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Research and Consulting firm servicing over 5000+ US clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/