Global Bolts Market Report and Forecast 2025-2034

Global Bolts Market Growth

High-strength bolts are expected to witness a surge in demand from the automotive industry, as the emergence of electric vehicles necessitates the need for miniaturisation of electronic components that reduce the weight of the vehicle and enhance its energy efficiency. By 2030, nearly 40% of overall vehicle sales worldwide are expected to become EVs. In 2023, every ¼ vehicle sold worldwide was an EV, with Norway (90%) and China (40%) leading the global sales of EVs. This is expected to contribute to market expansion in the coming years.

As per the FBI’s UCR (Uniform Crime Reporting Program) 2019, nearly 3,062 burglaries happen daily in the United States. A property crime is committed every 4.4 seconds but only 14% of them can be solved due to lack of evidence. An average burglary costs nearly USD 2,692 to the homeowner. In 2022, the average value of stolen items overall was USD 463,576,405,747, with goods worth nearly $97,386 stolen during the daytime. Nearly 42% of burglars break in through household windows. Houston (14,664), Seattle (9,692), and Las Vegas (7,822) witnessed the highest incidence of burglaries in 2021. Nearly 75% of the American population does not have a home security system to prevent these break-ins. The reliance on sturdy bolts to improve household safety is expected to drive the market growth.

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Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Purchase the Regional Overview for USD 1099

If you choose to purchase the full report at a later stage, the amount already paid will be adjusted, and you will only need to pay the remaining balance.

Global Bolts Industry Segmentation

Global Bolts Market Share

Based on region, the market is segmented into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. Over the forecast period of 2025-2034, Latin America is expected to grow at a CAGR of 5%, due to the increasing demand for security and surveillance webcams for ensuring public security.

Leading Companies in the Global Bolts Market

Major market players are expected to automate the process of fixing and fastening bolts to improve the accuracy and reliability of operations. Self-sealing nuts are also enhancing the lifespan of bolts due to their watertight nature.

• B&G Manufacturing Co. Inc.

• Boltport Fasteners LLP

• Brunner Manufacturing Co., Inc.

• KD Fasteners, Inc.

• F. REYHER Nchfg. GmbH & Co. KG

• Fabory Poland Spzoo

• Keller & Kalmbach GmbH

• Avighan A.B Steels

• Cooper Turner Beck Group

• Fastenal Company

• Others