The Europe Automotive Fasteners Market would witness market growth of 5.2% CAGR during the forecast period (2023-2030).
Fasteners are pieces of mechanical equipment that hold, connect, or affix two or more pieces. The industry for fasteners that is expanding the fastest is the automotive sector. Several materials, including aluminum, iron, brass, nickel, stainless steel, and plastic, are used to make automotive fasteners. They are further divided into different categories based on their special characteristics. Automotive fasteners are frequently used to carry weights, stop joint leaks, and hold vehicle parts together to prevent separation or instability. To meet the needs of the market, a wide range of shapes, coatings, colors, and appealing designs are offered for vehicle fasteners.
The growing acceptance of technology in cars, rising disposable income, and changing consumer preferences for smart vehicles are some factors boosting the market. The demand for automotive fasteners is expected to increase over the forecasted period due to the necessity for various types of fasteners to fit current electronic components such as sensors, high-frequency signals, improved trims, etc. Furthermore, people worldwide are attracted to electric vehicles since they are sustainable and environmentally beneficial.
The expansion of the automotive industry is vital to the European economy. The automotive industry in the European Union employs 2.6 million individuals or 8.5% of all manufacturing employment. In addition, the EU is one of the world’s leading manufacturers, and the automotive industry is the largest private investor in research and development (R&D). Thus, the European Commission promotes technical harmony and finances R&D to increase competitiveness and maintain the technological leadership of the automotive industry. In addition, German manufacturers of lightweight commercial trailers produce more than the government requires. The expansion of the automotive industry would eventually result in the development of the market.
The Germany market dominated the Europe Automotive Fasteners Market by Country in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $2,033.1 Million by 2030. The UK market is exhibiting a CAGR of 4.3% during (2023 - 2030). Additionally, The France market would experience a CAGR of 5.9% during (2023 - 2030).
Based on Type, the market is segmented into Threaded, and Non-Threaded. Based on Material Type, the market is segmented into Metal, and Plastic. Based on Characteristic, the market is segmented into Removable, and Fixed. Based on Vehicle Type, the market is segmented into Passenger Car, and Commercial Vehicles. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Automotive Fasteners Market is Projected to reach USD 33 Billion by 2030, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Bulten AB, KAMAX Holding GmbH & Co. KG, Stanley Black & Decker, Inc., Berkshire Hathaway, Inc., Illinois Tool Works Inc., SFS Group AG, LISI GROUP, Westfield Fasteners Ltd, Shanghai Prime Machinery Co., Ltd. (Shanghai Electric Group Company Limited) and Sundram Fasteners Limited (TVS Group).
Scope of the Study
Market Segments Covered in the Report:
By Type
By Material Type
By Characteristic
By Vehicle Type
- Passenger Car
- Commercial Vehicles
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Bulten AB
- KAMAX Holding GmbH & Co. KG
- Stanley Black & Decker, Inc.
- Berkshire Hathaway, Inc.
- Illinois Tool Works Inc.
- SFS Group AG
- LISI GROUP
- Westfield Fasteners Ltd
- Shanghai Prime Machinery Co., Ltd. (Shanghai Electric Group Company Limited)
- Sundram Fasteners Limited (TVS Group)
TABLE 1 Europe Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 2 Europe Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 3 Europe Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 4 Europe Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 5 Europe Threaded Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Threaded Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Non-Threaded Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Non-Threaded Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 10 Europe Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 11 Europe Metal Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Metal Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Plastic Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Plastic Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 16 Europe Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 17 Europe Removable Market by Country, 2019 - 2022, USD Million
TABLE 18 Europe Removable Market by Country, 2023 - 2030, USD Million
TABLE 19 Europe Fixed Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Fixed Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 22 Europe Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 23 Europe Passenger Car Market by Country, 2019 - 2022, USD Million
TABLE 24 Europe Passenger Car Market by Country, 2023 - 2030, USD Million
TABLE 25 Europe Commercial Vehicles Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Commercial Vehicles Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Automotive Fasteners Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Automotive Fasteners Market by Country, 2023 - 2030, USD Million
TABLE 29 Germany Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 30 Germany Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 31 Germany Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 32 Germany Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 33 Germany Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 34 Germany Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 35 Germany Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 36 Germany Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 37 Germany Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 38 Germany Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 39 UK Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 40 UK Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 41 UK Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 42 UK Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 43 UK Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 44 UK Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 45 UK Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 46 UK Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 47 UK Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 48 UK Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 49 France Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 50 France Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 51 France Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 52 France Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 53 France Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 54 France Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 55 France Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 56 France Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 57 France Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 58 France Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 59 Russia Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 60 Russia Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 61 Russia Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 62 Russia Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 63 Russia Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 64 Russia Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 65 Russia Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 66 Russia Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 67 Russia Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 68 Russia Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 69 Spain Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 70 Spain Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 71 Spain Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 72 Spain Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 73 Spain Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 74 Spain Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 75 Spain Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 76 Spain Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 77 Spain Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 78 Spain Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 79 Italy Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 80 Italy Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 81 Italy Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 82 Italy Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 83 Italy Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 84 Italy Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 85 Italy Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 86 Italy Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 87 Italy Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 88 Italy Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 89 Rest of Europe Automotive Fasteners Market, 2019 - 2022, USD Million
TABLE 90 Rest of Europe Automotive Fasteners Market, 2023 - 2030, USD Million
TABLE 91 Rest of Europe Automotive Fasteners Market by Type, 2019 - 2022, USD Million
TABLE 92 Rest of Europe Automotive Fasteners Market by Type, 2023 - 2030, USD Million
TABLE 93 Rest of Europe Automotive Fasteners Market by Material Type, 2019 - 2022, USD Million
TABLE 94 Rest of Europe Automotive Fasteners Market by Material Type, 2023 - 2030, USD Million
TABLE 95 Rest of Europe Automotive Fasteners Market by Characteristic, 2019 - 2022, USD Million
TABLE 96 Rest of Europe Automotive Fasteners Market by Characteristic, 2023 - 2030, USD Million
TABLE 97 Rest of Europe Automotive Fasteners Market by Vehicle Type, 2019 - 2022, USD Million
TABLE 98 Rest of Europe Automotive Fasteners Market by Vehicle Type, 2023 - 2030, USD Million
TABLE 99 Key Information – Bulten AB
TABLE 100 Key Information – KAMAX Holding GmbH & Co. KG
TABLE 101 Key Information – SFS Group AG
TABLE 102 Key Information – Westfield Fasteners Ltd
TABLE 103 Key Information – Shanghai Prime Machinery Co.,Ltd.
TABLE 104 Key Information – Sundram Fasteners Limited
TABLE 105 Key Information – Berkshire Hathaway, Inc.
TABLE 106 Key Information – LISI GROUP
TABLE 107 Key Information – Stanley Black & Decker, Inc.
TABLE 108 Key Information – Illinois Tool Works, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Automotive Fasteners Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors automotive fasteners market
FIG 4 Porter’s Five Forces Analysis – Automotive Fasteners Market
FIG 5 Europe Automotive Fasteners Market share by Type, 2022
FIG 6 Europe Automotive Fasteners Market share by Type, 2030
FIG 7 Europe Automotive Fasteners Market by Type, 2019 - 2030, USD Million
FIG 8 Europe Automotive Fasteners Market share by Material Type, 2022
FIG 9 Europe Automotive Fasteners Market share by Material Type, 2030
FIG 10 Europe Automotive Fasteners Market by Material Type, 2019 - 2030, USD Million
FIG 11 Europe Automotive Fasteners Market share by Characteristic, 2022
FIG 12 Europe Automotive Fasteners Market share by Characteristic, 2030
FIG 13 Europe Automotive Fasteners Market by Characteristic, 2019 - 2030, USD Million
FIG 14 Europe Automotive Fasteners Market share by Vehicle Type, 2022
FIG 15 Europe Automotive Fasteners Market share by Vehicle Type, 2030
FIG 16 Europe Automotive Fasteners Market by Vehicle Type, 2019 - 2030, USD Million
FIG 17 Europe Automotive Fasteners Market share by Country, 2022
FIG 18 Europe Automotive Fasteners Market share by Country, 2030
FIG 19 Europe Automotive Fasteners Market by Country, 2019 - 2030, USD Million
FIG 20 Recent strategies and developments: Bulten AB
FIG 21 Swot Analysis: Bulten AB
FIG 22 Swot Analysis: KAMAX Holding GmbH & Co. KG
FIG 23 Swot Analysis: SFS Group AG
FIG 24 Swot Analysis: Westfield Fasteners Ltd
FIG 25 Swot Analysis: Shanghai Prime Machinery Co., Ltd.
FIG 26 Swot Analysis: Sundram Fasteners Limited
FIG 27 Swot Analysis: LISI GROUP
FIG 28 Swot Analysis: Stanley Black & Decker, Inc.