DUBLIN, October 24, 2016 /PRNewswire/ --
Research and Markets has announced the addition of the "Global Industrial Fasteners Market 2016-2020" report to their offering.
The global industrial fasteners market is forecast to grow at a CAGR of 4.05% during the period 2016-2020.
Commenting on the report, an analyst from the research team said: One of trend observed in the market is eliminating defective fasteners with 3D inspection. Manufacturers operating within the fastener industry are resorting to high-resolution 3D inspection to ensure effective elimination of defective parts from their production unit and ensure zero defect in the final output. Sorting, gauging, and cylindrical part inspection, which previously involved the use of laser, vision, and eddy current for measuring dimensions and to find out metallurgical defects, are now adopted for high-speed inspection of fasteners that include screws, bolts, studs, nuts, fittings, washers, bushings, and cylindrical parts.
According to the report, one of driver observed in the market emergence of self-clinching fasteners. Self-clinching fasteners are a reliable solution that offers reusable and permanent load-bearing threads. These are ideal for applications that involve thin sheet metals that require good pullout and torque loads to provide safe fastening. They are often installed during the fabrication process.
Further, the report states that one of challenge observed in the market is problems with mechanical fasteners. Traditional joining techniques impose the risk of difficulties in the assembly process. Factors like metal distortion and tearing under the impact of heavy fatigue conditions reduce the reliability and longevity of assembly parts. In the process of addressing these issues, manufacturers of mechanical fasteners decrease the gap between the rivets or bolts. This leads to increased number of fasteners required as well as associated costs.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
- What will the market size be in 2020 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
Companies Mentioned Include:
- Acument Global Technologies
- baier & michels
- Cardinal Fastener
- Cherry Aerospace
- Cold Heading Company
- Delo Screw Products
- Fatigue Technology
- Federal Screw Works
- Ferry Cap & Set Screw
- Monogram Aerospace Fasteners
- Nitto Seiko
- Nelson Stud Welding
- Pan American Screw
- Park-Ohio Holdings
- PB Fasteners
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market drivers
PART 07: Impact of drivers
PART 08: Market challenges
PART 09: Impact of drivers and challenges
PART 10: Market trends
PART 11: Market segmentation by end-user
PART 12: Geographical segmentation
PART 13: Vendor landscape
PART 14: Key vendor analysis
PART 15: Appendix
PART 16: About the Author
For more information about this report visit http://www.researchandmarkets.com/research/wrhfl9/global_industrial
Research and Markets
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SOURCE Research and Markets