
Wind Power Fastener Market Size, Share, and Analysis, By Type (Bolts, Nuts, Screws, Washers, Others), By Materials (Stainless Steel, Alloy Steel, Brass, Aluminium, Copper), By Application (Tower Constructions, Turbine Bases, Turbine Blades Bolts, Nacelle)
Description
Wind Power Fastener Market Size, Share, and Analysis, By Type (Bolts, Nuts, Screws, Washers, Others), By Materials (Stainless Steel, Alloy Steel, Brass, Aluminium, Copper), By Application (Tower Constructions, Turbine Bases, Turbine Blades Bolts, Nacelle) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
Wind Power Fastener Market Size, Share, and Analysis, By Type (Bolts, Nuts, Screws, Washers, Others), By Materials (Stainless Steel, Alloy Steel, Brass, Aluminium, Copper), By Application (Tower Constructions, Turbine Bases, Turbine Blades Bolts, Nacelle) and By Region (North America, Europe, Asia-Pacific, And Rest of the World) And Regional Forecast 2024-2034
PRODUCT OVERVIEW
Wind Power Fastener Market is anticipated to grow at a CAGR of 7.9% in the forecast period (2024-2034), with the market size valued at USD 2.1 billion in 2023 and projected to reach USD 4.8 billion by 2034.
Wind Power Fasteners refer to the specialized mechanical parts, such as bolts, nuts, washers and screws that are used in the manufacturing and maintenance of wind turbines. They are the essential components that play an important role in the formation of wind turbines, providing solidity and durability to the turbine components. In relation to wind energy, fasteners are used essentially to attach different parts of turbine, such as turbine bases, turbine blades, tower sections, nacelles and other elements. Wind fasteners are designed robustly, as they need to resist significant mechanical functions, vibrations, and conditions, as wind turbines operate in complex settings. Selection of high end fasteners is necessary in order to ensure the longevity and effective working of turbines, and meeting the essential industrial demand.
MARKET HIGHLIGHTS
Wind Power Fastener Market is anticipated to reach USD 4.8 billion, growing at a CAGR of 7.9% during the forecast period, owing to the overall rising push towards green energy with developments on new fastener designs. Wind turbines help in renewable energy generation, these turbines require fasteners and fastener application engineering. Wind power fasteners usually come in various types such as bolts, screw, bearings and washers which are generally made up of materials like stainless steel, alloy steel, brass, aluminium and copper. These fasteners are collectively used in turbine parts such as turbine bases, turbine bolts and nacelles. Rising investments by the governments and manufacturers to develop a reliable renewable energy system will help in influencing driving market demand and overall development.
Wind Power Fastener Market Segments:
- By Type
- Bolts
- Nuts
- Screws
- Washers
- Others
- By Materials
- Stainless Steel
- Alloy Steel
- Brass
- Aluminium
- Copper
- By Application
- Tower Constructions
- Turbine Bases
- Turbine Blades Bolts
- Nacelle
Growth Drivers
Increasing demand for wind energy in the power industry will provide robust market growth
Technological innovations and advancements in new fasteners designs
Restraint
Price Sensitivity may hinder market growth for the industry
Key Players
- Dyson Corporation
- Dokka Fasteners
- Ford Fasteners, Inc.
- Hilti Corporation
- Stanley Black & Decker, Inc.
- BOSCH Rexroth AG
- Finework (Hu Nan) New Energy Technology Co., Ltd.
- LISI Aerospace & Defense
- S&W Fastening Systems
- The Cooper & Turner Group
- The Fasteners House
- Viraj Profiles Ltd
- Whitlock (part of The Swage Group)
- Yiwu Huasheng Fastener Co., Ltd.
- Other Prominent Players (Company Overview, Business Strategy, Key Product Offerings, Financial Performance, Key Performance Indicators, Risk Analysis, Recent Development, Regional Presence, SWOT Analysis)
- North America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAG.R – United States and Canada
- Latin America Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – Mexico, Argentina, Brazil and Rest of Latin America
- Europe Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – United Kingdom, France, Germany, Italy, Spain, Belgium, Hungary, Luxembourg, Netherlands, Poland, NORDIC, Russia, Turkey and Rest of Europe
- Asia Pacific Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – India, China, South Korea, Japan, Malaysia, Indonesia, New Zealand, Australia and Rest of APAC
- Middle East and Africa Market Size, Share, Trends, Opportunities, Y-o-Y Growth, CAGR – North Africa, Israel, GCC, South Africa and Rest of MENA
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
Table of Contents
510 Pages
- 1. Executive Summary
- 1.1.Regional Market Share
- 1.2. Business Trends
- 1.3.Wind Power Fastener Market: COVID-19 Outbreak
- 1.4.Regional Trends
- 1.5. Segmentation Snapshot
- 2. Research Methodology
- 2.1. Research Objective
- 2.2.Research Approach
- 2.3.Data Sourcing and Methodology
- 2.4. Primary Research
- 2.5. Secondary Research
- 2.5.1. Paid Sources
- 2.5.2.Public Sources
- 2.6.Market Size Estimation and Data Triangulation
- 3. Market Characteristics
- 3.1. Market Definition
- 3.2.Wind Power Fastener Market: COVID-19 Impact
- 3.3.Key Segmentations
- 3.4. Key Developments
- 3.5. Allied Industry Data
- 4. Wind Power Fastener Market – Industry Insights
- 4.1.Industry Segmentation
- 4.2. COVID-19 overview on world economy
- 4.3. Industry ecosystem Channel analysis
- 4.4. Innovation & Sustainability
- 5. Macroeconomic Indicators
- 6. Recent Developments
- 7.Market Dynamics
- 7.1. Introduction
- 7.2.Growth Drivers
- 7.3.Market Opportunities
- 7.4. Market Restraints
- 7.5.Market Trends
- 8. Risk Analysis
- 9. Market Analysis
- 9.1. Porters Five Forces
- 9.2.PEST Analysis
- 9.2.1. Political
- 9.2.2.Economic
- 9.2.3.Social
- 9.2.4.Technological
- 10. Wind Power Fastener Market
- 10.1.Overview
- 10.2. Historical Analysis (2019-2022)
- 10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
- 11.Wind Power Fastener Market Size & Forecast 2024A-2034F
- 11.1.Overview
- 11.2. Key Findings
- 11.3. Market Segmentation
- 11.3.1.By Type
- 11.3.1.1. Bolts
- 11.3.1.1.1. By Value (USD Million) 2024-2034F
- 11.3.1.1.2.Market Share (%) 2024-2034F
- 11.3.1.1.3.Y-o-Y Growth (%) 2024-2034F
- 11.3.1.2.Nuts
- 11.3.1.2.1.By Value (USD Million) 2024-2034F
- 11.3.1.2.2. Market Share (%) 2024-2034F
- 11.3.1.2.3. Y-o-Y Growth (%) 2024-2034F
- 11.3.1.3. Screws
- 11.3.1.3.1.By Value (USD Million) 2024-2034F
- 11.3.1.3.2. Market Share (%) 2024-2034F
- 11.3.1.3.3. Y-o-Y Growth (%) 2024-2034F
- 11.3.1.4.Washers
- 11.3.1.4.1.By Value (USD Million) 2024-2034F
- 11.3.1.4.2. Market Share (%) 2024-2034F
- 11.3.1.4.3. Y-o-Y Growth (%) 2024-2034F
- 11.3.1.5.Others
- 11.3.1.5.1.By Value (USD Million) 2024-2034F
- 11.3.1.5.2. Market Share (%) 2024-2034F
- 11.3.1.5.3. Y-o-Y Growth (%) 2024-2034F
- 11.3.2. By Materials
- 11.3.2.1.Stainless Steel
- 11.3.2.1.1.By Value (USD Million) 2024-2034F
- 11.3.2.1.2. Market Share (%) 2024-2034F
- 11.3.2.1.3. Y-o-Y Growth (%) 2024-2034F
- 11.3.2.2. Alloy Steel
- 11.3.2.2.1. By Value (USD Million) 2024-2034F
- 11.3.2.2.2.Market Share (%) 2024-2034F
- 11.3.2.2.3.Y-o-Y Growth (%) 2024-2034F
- 11.3.2.3.Brass
- 11.3.2.3.1. By Value (USD Million) 2024-2034F
- 11.3.2.3.2.Market Share (%) 2024-2034F
- 11.3.2.3.3.Y-o-Y Growth (%) 2024-2034F
- 11.3.2.4. Aluminum
- 11.3.2.4.1. By Value (USD Million) 2024-2034F
- 11.3.2.4.2.Market Share (%) 2024-2034F
- 11.3.2.4.3. Y-o-Y Growth (%) 2024-2034F
- 11.3.2.5. Copper
- 11.3.2.5.1. By Value (USD Million) 2024-2034F
- 11.3.2.5.2.Market Share (%) 2024-2034F
- 11.3.2.5.3.Y-o-Y Growth (%) 2024-2034F
- 11.3.3. By Application
- 11.3.3.1.Tower Constructions
- 11.3.3.1.1.By Value (USD Million) 2024-2034F
- 11.3.3.1.2. Market Share (%) 2024-2034F
- 11.3.3.1.3. Y-o-Y Growth (%) 2024-2034F
- 11.3.3.2.Turbine Bases
- 11.3.3.2.1. By Value (USD Million) 2024-2034F
- 11.3.3.2.2.Market Share (%) 2024-2034F
- 11.3.3.2.3.Y-o-Y Growth (%) 2024-2034F
- 11.3.3.3. Turbine Blades Bolts
- 11.3.3.3.1. By Value (USD Million) 2024-2034F
- 11.3.3.3.2.Market Share (%) 2024-2034F
- 11.3.3.3.3.Y-o-Y Growth (%) 2024-2034F
- 11.3.3.4. Nacelle
- 11.3.3.4.1. By Value (USD Million) 2024-2034F
- 11.3.3.4.2. Market Share (%) 2024-2034F
- 11.3.3.4.3. Y-o-Y Growth (%) 2024-2034F
- 12. North America Wind Power Fastener Market Size & Forecast 2024A-2034F
- 12.1. Overview
- 12.2. Key Findings
- 12.3. Market Segmentation
- 12.3.1. By Type
- 12.3.2.By Materials
- 12.3.3.By Application
- 12.4. Country
- 12.4.1. United States
- 12.4.2.Canada
- 13. Europe Wind Power Fastener Market Size & Forecast 2024A-2034F
- 13.1. Overview
- 13.2. Key Findings
- 13.3. Market Segmentation
- 13.3.1. By Type
- 13.3.2.By Materials
- 13.3.3.By Application
- 13.4. Country
- 13.4.1.Germany
- 13.4.2.United Kingdom
- 13.4.3.France
- 13.4.4. Italy
- 13.4.5.Spain
- 13.4.6.Russia
- 13.4.7.Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
- 14. Asia-Pacific Wind Power Fastener Market Size & Forecast 2024A-2034F
- 14.1.Overview
- 14.2. Key Findings
- 14.3. Market Segmentation
- 14.3.1. By Type
- 14.3.2.By Materials
- 14.3.3.By Application
- 14.4. Country
- 14.4.1. India
- 14.4.2.China
- 14.4.3. South Korea
- 14.4.4. Japan
- 14.4.5. Rest of APAC
- 15. Middle East and Africa Wind Power Fastener Market Size & Forecast 2024A-2034F
- 15.1.Overview
- 15.2. Key Findings
- 15.3. Market Segmentation
- 15.3.1. By Type
- 15.3.2.By Materials
- 15.3.3.By Application
- 15.4. Country
- 15.4.1. Israel
- 15.4.2.GCC
- 15.4.3.North Africa
- 15.4.4. South Africa
- 15.4.5.Rest of Middle East and Africa
- 16. Latin America Wind Power Fastener Market Size & Forecast 2024A-2034F
- 16.1. Overview
- 16.2. Key Findings
- 16.3. Market Segmentation
- 16.3.1. By Type
- 16.3.2.By Materials
- 16.3.3.By Application
- 16.4. Country
- 16.4.1. Mexico
- 16.4.2.Brazil
- 16.4.3.Rest of Latin America
- 17. Competitive Landscape
- 17.1. Company market share, 2023
- 17.2.Key player overview
- 17.3. Key stakeholders
- 18. Company Profiles
- 18.1.Dyson Corporation
- 18.1.1.Company Overview
- 18.1.2.Financial Overview
- 18.1.3.Key Product; Analysis
- 18.1.4.Company Assessment
- 18.1.4.1.Product Portfolio
- 18.1.4.2. Key Clients
- 18.1.4.3. Market Share
- 18.1.4.4. Recent News & Development (Last 3 Yrs.)
- 18.1.4.5. Executive Team
- 18.2. Dokka Fasteners
- 18.3. Ford Fasteners, Inc.
- 18.4.Hilti Corporation
- 18.5. Stanley Black & Decker, Inc.
- 18.6. BOSCH Rexroth AG
- 18.7. Finework (Hu Nan) New Energy Materials Co., Ltd.
- 18.8.LISI Aerospace & Defense
- 18.9. S&W Fastening Systems
- 18.10. The Cooper & Turner Group
- 18.11.The Fasteners House
- 18.12.Viraj Profiles Ltd
- 18.13.Whitlock (part of The Swage Group)
- 18.14.Yiwu Huasheng Fastener Co., Ltd.
- 18.15.Other Prominent Players
- 19. Appendix
- 20.Consultant Recommendation
Pricing
Currency Rates
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