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A rivet is a metal pin having a “formed head” at one end and a “shop head” on other. Two types of rivets are used in aircrafts: solid shank rivets and special (blind) rivets. Aerospace rivets are used for joining aircraft skin sections, spar sections, and for securing fittings to various parts of aircraft. Additionally, aerospace rivets are also used fastening innumerable bracing members and several other parts together. The rivets form a bond which is as strong as the material joined. Aerospace rivets are manufactured with higher standards and specifications as compared with general use rivets. Few standard aerospace rivet types are 100 degree countersunk, 78 degree countersunk, brazier head and flat head.
COVID-19 Scenario analysis:
Increase in number of aircraft orders, rise in the demand of military aircraft across the globe, and rise in travel & tourism are some of the major factors which drive the growth of the fixed wing aircraft rivets market. However, high production cost of aircraft rivets is hindering the growth of fixed wing aircraft rivets market. On the contrary, the emergence of 3D printing in aerospace manufacturing is expected to generate new growth opportunities in the global fixed wing aircraft rivets market in the future.
Increase in number of aircraft orders due to the rise in air passenger traffic is driving the growth of the aerospace market. Additionally, growing tourism across the globe and decreasing fuel prices also contributing in the demand of new aircrafts. Such rise in aircraft deliveries will require additional hardware such as fixed wing aircraft rivets. Hence, increase in aircraft orders will create demand of fixed wing aircraft rivets and thereby will drive the global fixed wing aircraft rivets market.
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Questions answered in the fixed wing aircraft rivets market research report:
Fixed Wing Aircraft Rivets Market Report Highlights
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Key Market Players | Howmet Aerospace, Chicago Nut & Bolt, Stanley Black & Decker Inc., TFI Aerospace, TriMas, Palmer Bolt & Supply, LISI Aerospace, Ho-Ho-Kus Inc, B&B Specialties Inc., Precision Castparts Corp., National Aerospace Fasteners Corporation |
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