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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, aircraft 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 surge in travel & tourism are some of the major factors that drive the growth of the rotary wing aircraft rivets market. However, high production cost of military helicopter rivets is hampering the growth of the rotary wing aircraft rivets market. On the contrary, the emergence of 3D printing in aerospace manufacturing is expected to generate new growth opportunities for the rotary wing aircraft rivets market in the future.
Increase in defence budgets of several countries such as China & India in recent years and rise in terrorist activities in the several parts of the world have created high demand of rotary wing military aircrafts such as attack helicopters, military transport helicopters, etc. For instance, in February 2020, India signed a deal with USA to further purchase MH-60 Romeo & Apache attack helicopters worth 3 billion USD. Such growing procurements of rotary wing military aircrafts have resulted in increased demand of aircraft fasteners such as rotary wing aircraft rivets. Hence, rise in demand of rotary wing military aircrafts is positively impacting in the growth of global rotary wing aircraft rivets market.
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Questions answered in the rotary wing aircraft rivets market research report:
Rotary Wing Aircraft Rivets Market Report Highlights
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Key Market Players | TriMas, Ho-Ho-Kus Inc, Howmet Aerospace, National Aerospace Fasteners Corporation, TFI Aerospace, Precision Castparts Corp., LISI Aerospace, Chicago Nut & Bolt, Stanley Black & Decker Inc., Palmer Bolt & Supply, B&B Specialties Inc. |
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