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The global aerospace fasteners market is poised for significant growth, fueled by advancements in aerospace technologies, increased aircraft production, and rising demand for lightweight, efficient components. With a projected Compound Annual Growth Rate (CAGR) of 8.1% from 2024 to 2030, the market is expected to reach USD 12.95 billion by 2030, up from USD 7.51 billion in 2023.
This market growth is driven by key developments in the aerospace sector, including innovations in materials, design, and manufacturing processes. The press release explores the dynamic trends, emerging opportunities, and consolidation activities shaping the aerospace fasteners market across various regions.
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