semiconductor / news / / PR Newswire UK
The automotive fasteners market is entering a more performance-driven phase as electrification and lightweight vehicle design reshape how vehicles are assembled.
Automotive fasteners are increasingly engineered for EV systems and lightweight, mixed-material vehicle designs.
KEY POINTS
- Engineered fastener content per vehicle is rising, especially in EV battery packs and powertrain components.
- Asia Pacific, led by China, accounts for over 41% of the automotive fasteners market by production volume.
- Fastener demand is shifting from commodity supply to high-performance, application-specific solutions for OEMs.
COMPANIES
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