Industry Information

The market concentration of aerospace fasteners is high, and the advantages of Chinese enterprises in the international market competition are insufficient


According to the "China Aerospace fastener industry market in-depth assessment and investment feasibility consultation report from 2021 to 2025" released by the new thinking Industry Research Center, there are certain technical and financial barriers in the aerospace fastener industry, and the entry threshold of the industry is high, so the global aerospace fastener market concentration is high. Worldwide, aerospace fastener market is mainly concentrated in Europe, the United States and other countries and regions. Related companies include Alcoa, precision metal parts, Lisi and monogram. With the strong development of Asian economy, the development speed of aerospace and aviation market in the Asia Pacific region is accelerating, and the demand of aerospace and aviation fastener market is increasing. China will become an important driving force for the growth of aerospace and aviation fastener market in the Asia Pacific region with the advantages of low cost and raw materials.

Compared with developed countries such as Europe and the United States, the development time of China's aerospace fastener market is relatively short, most domestic enterprises are small, and there is a large room for improvement in terms of production capacity, R & D level, product grade, product types, etc. China is in the period of intensive replacement of high-end equipment, and aerospace fasteners, as an important part of high-end equipment, are highly valued by the relevant departments of the state. In recent years, the relevant departments have issued a series of favorable policies to encourage local enterprises to develop and produce high-end fasteners. In this context, the aerospace fastener market continues to develop well.

Compared with the market of industrial fasteners for automobile, electronic and communication equipment, aerospace fastener market is the market with the highest added value and the most stable price. There are a large number of fastener related enterprises in China, which are close to 7200, mainly distributed in the Yangtze River Delta, Pearl River Delta and Bohai rim. However, due to the limitation of technology, capital and other factors, the number of aerospace fastener manufacturers in China is small. Domestic aerospace fastener enterprises should increase their independent R & D capabilities to improve production efficiency, product quality and technical level through R & D. in the future, aerospace fastener manufacturers with core technologies will have more competitive advantages.