Set Screw Market by Material (Steel, Copper, Aluminum, Other), by Application (Automotive Industry, Machinery Industry, Construction Industry, MRO, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2025-2033
The Set Screw Market size was valued at USD 2.5 billion in 2023 and is projected to reach USD 4.9 billion by 2032, exhibiting a CAGR of 12.8 % during the forecast period. The set screw is a very tiny yet significant fastener preferred for maintaining an object in or against something else, usually by the use of an inward force. These include the cup point, cone point, flat point, and knurled cup point, all of which can be suited to specific uses based on the amount of holding force needed, as well as the distribution of that force on the surface of the sphere being turned. Some of the common design characteristics include having a threaded body and a staggered or proud head for engaging with surfaces. These screws are universally used for numerous industrial applications such as in the machinery and automotive Industry, electronics and construction industries. They are great for creating a consistent and variable joint type most especially where mechanical fasteners cannot be used at all. Advantages are easy to assemble, reliable, and can take a good impact of vibration and shock; guaranteeing that all parts stay put.
Aspects | Details |
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Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.8% from 2019-2033 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2019-2033 |
Base Year | 2024 |
Estimated Year | 2025 |
Forecast Period | 2025-2033 |
Historical Period | 2019-2024 |
Growth Rate | CAGR of 12.8% from 2019-2033 |
Segmentation |
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Note* : In applicable scenarios
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