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(Transportation-News.com, January 16, 2019 )
Stratview Research announces the launch of a new research report on Aircraft Blind Bolts Market 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), Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024
The Aircraft Blind Bolts Market: Highlights
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$ 306.5 million in 2024. The market for aircraft blind bolts is gradually consolidating as the major companies are performing mergers & acquisitions to quickly gain the leading position in the market. For instance; TriMas Corporation, a leading global manufacturer of highly engineered aircraft products, acquired the Allfast Fastening Systems at a total purchase price of approximately US$ 360 million. After the acquisition of Allfast Fastening Systems; TriMas Corporation has become a leader in the aircraft blind bolts market.
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Blind bolts are multi-piece assemblies, capable of being installed from one side of the workpiece. They are typically used in those aircraft structures that require high strength and can be accessed from one side only. Blind bolts are used in the multiple areas of an aircraft such as wings, nacelles, and interiors. Blind bolts provide exceptional strength, vibration resistance, and excellent sheet pull together characteristics. The most commonly used materials for making blind bolts in the aircraft industry are titanium, aluminum, and steel. As the penetration of composites is growing in the aircraft industry, the usage of titanium in the manufacturing of fasteners including blind bolts is also growing. Titanium offers weight-savings advantage along with better corrosion resistance as compared to other metal and metal alloys.
The key players in the aircraft blind bolts market are TriMas Corporation, Arconic Inc., PCC Fasteners, LISI Aerospace, Stanley Black and Decker, and Kwikbolt Limited. Development of lightweight and durable aircraft blind bolts and execution of mergers & acquisitions are the key strategies adopted by the major players to gain a competitive edge in the market.
Stratview Research
Ritesh Gandecha
+1-313-307-4176
sales@stratviewresearch.com
Source: EmailWire.Com 
Source: EmailWire.com
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