Report Code : CVMI2412279 | Published Date : March 3, 2025
The Global Automotive Fasteners Market was valued at USD 23.1 billion in 2023 and is projected to reach USD 36.8 billion by 2031, growing at a CAGR of 6.0%. The market is undergoing a quiet revolution, with smart fastening solutions and lightweight materials transforming this essential component category.
2024 Technological Breakthroughs
- Smart Fastening Systems
- Stanley Black & Decker's Intelligent Torque Bolts transmit real-time clamping force data using IoT.
- Würth's SmartTag fasteners change color once the proper torque is achieved.
- Advanced Materials
- Arconic's HuckFast CFRP fasteners reduce weight by 65% vs steel
- Böllhoff's RIVTAC nylon fasteners withstand 200°C in underhood applications
- Automated Solutions
- Atlas Copco's AI-powered QST-30 achieves 99.99% torque accuracy
- DEPRAG's self-learning screwdrivers adapt to material variations
Market Drivers
- Lightweighting Imperative
- Each 50g reduction in fastener weight saves 1kg overall vehicle weight
- Ford F-150 uses 800+ aluminum fasteners per vehicle
- EV-Specific Demands
- Battery enclosure fasteners require 2x vibration resistance
- Tesla Cybertruck's exoskeleton uses 45% more fasteners than conventional designs
- Quality Assurance Requirements
- 98% of OEMs now mandate digital torque records
- VW's MQB platform standardizes 1,200 fastener types
Competitive Landscape
Company |
Market Share |
Flagship Innovation |
Strategic Edge |
Würth Group |
22% |
SmartTag Fastener System |
Aftermarket dominance |
Stanley B&D |
20% |
Intelligent Torque Bolt |
OEM partnerships |
Böllhoff |
18% |
RIVTAC Polymer Fasteners |
Lightweight specialist |
Emerging Disruptors:
- SmartBolt: IoT-enabled tension monitoring (Series B funding)
- GrapheneFast: Nano-coated anti-corrosion fasteners
Market Segmentation
- By Product Type:
- Threaded (55%)
- Non-threaded (XX%)
- Specialty (XX%)
- By Material:
- Steel (60%)
- Aluminum (XX%)
- Plastics (XX%)
- By Application:
- Chassis (XX%)
- Interior (25%)
- Powertrain (XX%)
Recent Developments (2024)
- May 2024: Tesla patents self-tightening battery fasteners
- July 2024: Würth acquires AI torque monitoring startup FastenAI
Reasons To Buy

Scope

Key Players
- Automotive Fasteners Market – Böllhoff Group
- Stanley Black & Decker Inc.
- Illinois Tool Works Inc.
- LISI Group
- Nifco Inc.
- KAMAX Holding GmbH & Co. KG
- Sundram Fasteners Limited
- SFS Group AG
- EJOT Holding GmbH & Co. KG
- ARaymond.
Global Automotive Fasteners Market Report
- 1. Global Automotive Fasteners Market Research Report
- 1.1 Study Objectives
- 1.2 Global Automotive Fasteners Market - Overview
- 1.3 Reason to Read This Report
- 1.4 Methodology and Forecast Analysis
- 2.1 Global Automotive Fasteners Market Research Report – Detailed Scope and Definitions
- 2.1.1 By Type
- 2.1.2 By Vehicle Type
- 2.1.3 By End-user Industry
- 2.1.4 By Application
- 2.1.5 By Region
- 3.1. Drivers - Macro-Economic Based, Supply Side, and Demand Side Drivers
- 3.2. Restraints – By Type, By Vehicle Type, By End-user Industry, By Application, By Country
- 3.3. Opportunities – By Type, By Vehicle Type, By End-user Industry, By Application, By Country
- 3.4. Trends – By Type, By Vehicle Type, By End-user Industry, By Application, By Country
- 3.5. PEST Analysis
- 3.6. Porters Five Rule Analysis
- 3.7. Company’s Share Analysis (CSA) by Region or By Country
- 3.8. Global Automotive Fasteners Market Research Report – DROTs Impact Analysis
- 4.1. Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 4.2. Annual Market Trend Assessment – Year-on-Year (YoY) Growth Analysis (%)
- 4.3. Incremental Market Value/Volume Opportunity between 2019 - 2023 and 2024 - 2031
- 4.4. Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.1 Bolts
- 5.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.2 Nuts
- 5.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.3 Screws
- 5.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.4 Rivets
- 5.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 5.5 Clips & Clamps
- 5.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 5.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 5.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 5.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.1 Passenger Vehicles
- 6.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.2 Commercial Vehicles
- 6.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 6.3 Electric Vehicles
- 6.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 6.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 6.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 6.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.1 Automotive
- 7.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 7.2 OEMs
- 7.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 7.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 7.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 7.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.1 Interior
- 8.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.2 Exterior
- 8.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 8.3 Under-the-hood.
- 8.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 8.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 8.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 8.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.1 North America
- 9.1.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.1.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.1.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.1.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.2 Europe
- 9.2.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.2.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.2.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.2.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.3 Asia-Pacific
- 9.3.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.3.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.3.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.3.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.4 Latin America
- 9.4.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.4.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.4.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.4.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.5 Middle East & Africa
- 9.5.1 Market Performance Review & Future Outlook: Assessing 2019 - 2023 and Predicting 2024 - 2031 Trends (USD Millions)
- 9.5.2 Annual Market Trend Assessment – Yearly Growth Observation (Y-O-Y)(%)
- 9.5.3 Incremental Market Value/Volume Opportunity between 2019 - 2023 and From 2024 to 2031
- 9.5.4 Market Shares Analysis in Years - 2019, 2023, 2024 and 2031
- 9.6 Global Automotive Fasteners Market - Opportunity Analysis Index, By Type, By Vehicle Type, By End-user Industry, By Application, and Region, 2024 - 2031
- 10.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 10.1.1 Bolts
- 10.1.2 Nuts
- 10.1.3 Screws
- 10.1.4 Rivets
- 10.1.5 Clips & Clamps
- 10.2.1 Passenger Vehicles
- 10.2.2 Commercial Vehicles
- 10.2.3 Electric Vehicles
- 10.3.1 Automotive
- 10.3.2 OEMs
- 10.4.1 Interior
- 10.4.2 Exterior
- 10.4.3 Under-the-hood.
- 10.5.1 United States
- 10.5.2 Canada
10.7 Regional Trends Analysis
10.8 North America Global Automotive Fasteners Market Research Report - Company Profiles- 10.8.1 Company 1 (United States)
- 10.8.2 Company 2 (Canada)
- 10.8.3 Company 3 (Canada)
- 11.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 11.1.1 Bolts
- 11.1.2 Nuts
- 11.1.3 Screws
- 11.1.4 Rivets
- 11.1.5 Clips & Clamps
- 11.2.1 Passenger Vehicles
- 11.2.2 Commercial Vehicles
- 11.2.3 Electric Vehicles
- 11.3.1 Automotive
- 11.3.2 OEMs
- 11.4.1 Interior
- 11.4.2 Exterior
- 11.4.3 Under-the-hood.
- 11.5.1 Germany
- 11.5.2 United Kingdom
- 11.5.3 France
- 11.5.4 Spain
- 11.5.5 Italy
- 11.5.6 Russia
- 11.5.7 Netherlands
- 11.5.8 Poland
- 11.5.9 Rest of Europe
11.7 Regional Trends Analysis
11.8 Europe Global Automotive Fasteners Market Research Report - Company Profiles- 11.8.1 Company 1 (Germany)
- 11.8.2 Company 2 (United Kingdom)
- 11.8.3 Company 3 (United Kingdom)
- 12.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 12.1.1 Bolts
- 12.1.2 Nuts
- 12.1.3 Screws
- 12.1.4 Rivets
- 12.1.5 Clips & Clamps
- 12.2.1 Passenger Vehicles
- 12.2.2 Commercial Vehicles
- 12.2.3 Electric Vehicles
- 12.3.1 Automotive
- 12.3.2 OEMs
- 12.4.1 Interior
- 12.4.2 Exterior
- 12.4.3 Under-the-hood.
- 12.5.1 China
- 12.5.2 Japan
- 12.5.3 India
- 12.5.4 South Korea
- 12.5.5 Australia & NZ
- 12.5.6 ASEAN
- 12.5.7 Rest of Asia-Pacific
12.7 Regional Trends Analysis
12.8 Asia-Pacific Global Automotive Fasteners Market Research Report - Company Profiles- 12.8.1 Company 1 (China)
- 12.8.2 Company 2 (Japan)
- 12.8.3 Company 3 (Japan)
- 13.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 13.1.1 Bolts
- 13.1.2 Nuts
- 13.1.3 Screws
- 13.1.4 Rivets
- 13.1.5 Clips & Clamps
- 13.2.1 Passenger Vehicles
- 13.2.2 Commercial Vehicles
- 13.2.3 Electric Vehicles
- 13.3.1 Automotive
- 13.3.2 OEMs
- 13.4.1 Interior
- 13.4.2 Exterior
- 13.4.3 Under-the-hood.
- 13.5.1 Brazil
- 13.5.2 Mexico
- 13.5.3 Argentina
- 13.5.4 Peru
- 13.5.5 Colombia
- 13.5.6 Rest of Latin America
13.7 Regional Trends Analysis
13.8 Latin America Global Automotive Fasteners Market Research Report - Company Profiles- 13.8.1 Company 1 (Brazil)
- 13.8.2 Company 2 (Mexico)
- 13.8.3 Company 3 (Mexico)
- 14.1 By Type Analysis 2019 - 2023 and Forecast, 2024 - 2031 by Market Assessment (USD Mn), Yearly Growth Rate (%), and Market Presence (%)
- 14.1.1 Bolts
- 14.1.2 Nuts
- 14.1.3 Screws
- 14.1.4 Rivets
- 14.1.5 Clips & Clamps
- 14.2.1 Passenger Vehicles
- 14.2.2 Commercial Vehicles
- 14.2.3 Electric Vehicles
- 14.3.1 Automotive
- 14.3.2 OEMs
- 14.4.1 Interior
- 14.4.2 Exterior
- 14.4.3 Under-the-hood.
- 14.5.1 Saudi Arabia
- 14.5.2 UAE
- 14.5.3 South Africa
- 14.5.4 Egypt
- 14.5.5 Israel
- 14.5.6 Rest of Middle East and Africa
14.7 Regional Trends Analysis
14.8 Middle East & Africa Global Automotive Fasteners Market Research Report - Company Profiles- 14.8.1 Company 1 (Saudi Arabia)
- 14.8.2 Company 2 (UAE)
- 14.8.3 Company 3 (UAE)
- 15.1 Strategic Dashboard of Top Market Players
15.2 Company Profiles (Introduction, Financial Assessments, Portfolio of Offerings, Milestones and Achievements, Strategic Initiative, and SWOT Analysis)- 15.2.1 Automotive Fasteners Market – Böllhoff Group
- 15.2.2 Stanley Black & Decker Inc.
- 15.2.3 Illinois Tool Works Inc.
- 15.2.4 LISI Group
- 15.2.5 Nifco Inc.
- 15.2.6 KAMAX Holding GmbH & Co. KG
- 15.2.7 Sundram Fasteners Limited
- 15.2.8 SFS Group AG
- 15.2.9 EJOT Holding GmbH & Co. KG
- 15.2.10 ARaymond.
17. Principal Presumptions and Acronyms