Market Overview:
The global elevator bolts market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for elevators in residential and commercial applications. Steel elevator bolts are expected to dominate the market during the forecast period, owing to their high strength and durability. Stainless steel elevator bolts are also expected to witness significant growth due to their corrosion resistance properties.
Product Definition:
Elevator bolts are used to fasten two or more pieces of metal together. They are commonly used in elevator construction and repair.
Steel:
Steel is one of the most common materials used in manufacturing bolts for elevators. It has a wide range of applications and growth factors which are responsible for its unique properties. Steel can be segmented into two different types based on it's physical appearance; hot rolled steel & cold drawn steel. Cold drawn steel has higher yield strength as compared to hot rolled but both have similar tensile strength & elongation values.
Stainless Steel:
Stainless steel is a durable type of metal that has high resistance against corrosion. It is also known as ferritic or Hai Karate. The material has various beneficial properties such as ductility, hardness, and yield strength which makes it suitable for use in applications where high performance and durability are required.
The global stainless steel market size was valued at USD 18 billion in 2015.
Application Insights:
The commercial segment accounted for the largest share of exceeding 60.0% in 2017. The growing construction industry, particularly in developing countries such as India and China, is expected to drive the demand for industrial machinery over the forecast period. In addition, increasing investments by companies including Siemens and ABB are expected to propel product demand over the next eight years.
The residential application segment is projected to expand at a CAGR of XX%, in terms of revenue from 2018 to 2030 owing to increased urbanization due largely without doubt to population growth coupled with migration from rural areas towards cities globally which has resulted in an increase ¢â‚¬Ëœ units per household globally thus resulting into an upsurge in product demand within this sector as well-established fixtures require them while installing new electrical or electronic goods at home or workplace respectively globally Elevator bolts are used across various applications including residential buildings, office buildings.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in urbanization, which has resulted in increased construction activities. This, coupled with increasing demand for commercial spaces such as malls and retail outlets, is likely to drive product demand over the forecast period.
Europe accounted for a significant share of revenue on account of high application scope within the region. Countries such as Germany, U.K., Italy and France are among those that witness maximum usage of elevators across various applications due to their large size along with high standard of living pertaining to consumer preference towards luxury lifestyle along with ease for accessibility after implementation of EU directives under Title VIIA ( accessibility).
Growth Factors:
- Elevator Bolts market is driven by the growth in construction and infrastructure industry.
- The Elevator Bolts market is driven by the increasing demand for elevators and escalators in the commercial sector.
- The Elevator Bolts market is driven by the growing demand for energy-efficient elevators and escalators.
- The Elevator Bolts market is driven by the increasing demand for safety-certified elevators and escalators.
- The Elevator Bolts market is expected to be propelled by the growth of smart cities across the globe
Scope Of The Report
Report Attributes
Report Details
Report Title
Elevator Bolts Market Research Report
By Type
Steel, Stainless Steel
By Application
Residential, Commercial
By Companies
KD FASTENERS, Masterpiece Taiwan, STL Fasteners, American Bolt & Screw, Fasteners Inc., Helix Steel Products Corporation, ASM, J.I. Morris, National Bolt & Nut Corporation, Fuji Fastener, Leland Industries, Asia Bolts Industries, Viraj, PCC Fasteners, Buckeye Fasteners Company, Schmeck Verbindungstechnik GmbH
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Elevator Bolts Market Report Segments:
The global Elevator Bolts market is segmented on the basis of:
Types
Steel, Stainless Steel
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- KD FASTENERS
- Masterpiece Taiwan
- STL Fasteners
- American Bolt & Screw
- Fasteners Inc.
- Helix Steel Products Corporation
- ASM
- J.I. Morris
- National Bolt & Nut Corporation
- Fuji Fastener
- Leland Industries
- Asia Bolts Industries
- Viraj
- PCC Fasteners
- Buckeye Fasteners Company
- Schmeck Verbindungstechnik GmbH
Highlights of The Elevator Bolts Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Steel
- Stainless Steel
- By Application:
- Residential
- Commercial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Elevator Bolts Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Elevator bolts are metal fasteners used to secure elevator cables and other components.
Some of the key players operating in the elevator bolts market are KD FASTENERS, Masterpiece Taiwan, STL Fasteners, American Bolt & Screw, Fasteners Inc., Helix Steel Products Corporation, ASM, J.I. Morris, National Bolt & Nut Corporation, Fuji Fastener, Leland Industries, Asia Bolts Industries, Viraj, PCC Fasteners, Buckeye Fasteners Company, Schmeck Verbindungstechnik GmbH.
The elevator bolts market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Elevator Bolts Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Elevator Bolts Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Elevator Bolts Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Elevator Bolts Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Elevator Bolts Market Size & Forecast, 2018-2028 4.5.1 Elevator Bolts Market Size and Y-o-Y Growth 4.5.2 Elevator Bolts Market Absolute $ Opportunity
Chapter 5 Global Elevator Bolts Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Elevator Bolts Market Size Forecast by Type
5.2.1 Steel
5.2.2 Stainless Steel
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Elevator Bolts Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Elevator Bolts Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Elevator Bolts Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Elevator Bolts Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Elevator Bolts Analysis and Forecast
9.1 Introduction
9.2 North America Elevator Bolts Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Elevator Bolts Market Size Forecast by Type
9.6.1 Steel
9.6.2 Stainless Steel
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Elevator Bolts Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Elevator Bolts Analysis and Forecast
10.1 Introduction
10.2 Europe Elevator Bolts Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Elevator Bolts Market Size Forecast by Type
10.6.1 Steel
10.6.2 Stainless Steel
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Elevator Bolts Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Elevator Bolts Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Elevator Bolts Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Elevator Bolts Market Size Forecast by Type
11.6.1 Steel
11.6.2 Stainless Steel
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Elevator Bolts Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Elevator Bolts Analysis and Forecast
12.1 Introduction
12.2 Latin America Elevator Bolts Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Elevator Bolts Market Size Forecast by Type
12.6.1 Steel
12.6.2 Stainless Steel
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Elevator Bolts Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Elevator Bolts Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Elevator Bolts Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Elevator Bolts Market Size Forecast by Type
13.6.1 Steel
13.6.2 Stainless Steel
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Elevator Bolts Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Elevator Bolts Market: Competitive Dashboard
14.2 Global Elevator Bolts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 KD FASTENERS
14.3.2 Masterpiece Taiwan
14.3.3 STL Fasteners
14.3.4 American Bolt & Screw
14.3.5 Fasteners Inc.
14.3.6 Helix Steel Products Corporation
14.3.7 ASM
14.3.8 J.I. Morris
14.3.9 National Bolt & Nut Corporation
14.3.10 Fuji Fastener
14.3.11 Leland Industries
14.3.12 Asia Bolts Industries
14.3.13 Viraj
14.3.14 PCC Fasteners
14.3.15 Buckeye Fasteners Company
14.3.16 Schmeck Verbindungstechnik GmbH