![Global Automotive Fasteners Market](https://res.cloudinary.com/devmoveo/image/upload/v1676528990/skyquest/gallery/Global-Automotive-Fasteners-Market.jpg)
Report ID: SQMIG15B2031
Report ID:
SQMIG15B2031 |
Region:
Global |
Published Date: February, 2024
Pages:
246
|
Tables:
210 |
Figures:
80
The fastest rate of growth is anticipated in North America during the forecast period. The requirement for replacement parts increases as more automobiles are put on the road. Additionally, this region is able to support the growth of automotive fasteners due to the existence of significant automotive and car manufacturers as well as the accessibility of cutting-edge technologies.
With increasing auto sales in regions like New Zealand, Australia, India, China, Japan, South Korea, and Indonesia, Asia-Pacific is predicted to open up opportunities for the fasteners market. The increased demand for vehicles with better safety and fuel efficiency is driving growth in the automotive fasteners market. The region has also seen technological improvements in the production of lightweight and long-lasting goods as a result of government restrictions for lightweight automobiles. The demand for automotive fasteners is being held back over the projection period by the high cost and low awareness of automotive components.
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Report ID: SQMIG15B2031