Heli-Coil Thread Inserts Market Size, Share, Growth, and Industry Analysis, By Type (Tanged Thread Inserts & Tangless Thread Inserts), By Application (Automotive, Electric and Electronics, Aerospace and Defense & Machinery) and Regional Forecast to 2032

HELI-COIL THREAD INSERTS MARKET REPORT OVERVIEW

The global Heli-Coil Thread Inserts Market Size was USD 417 million in 2023 and the industry is projected to touch USD 601.1 million by 2032, exhibiting a CAGR of 3.1% during the forecast period.

The Heli-Coil Thread Inserts Market is a niche category that revolves around meeting the market demand for long-lasting and highly reliable threading systems within the automotive, aerospace, electronics, and machinery industries. Heli-coil thread inserts are helical wire inserts that have to be incorporated into the substrates of soft materials or damaged surfaces so as to produce enhanced threads. These inserts are made to minimize thread stripping as well as maximize wear and hence are vital in applications that may require high strength and wear. The demand in the market stems from the availability of new industries that require fastening solutions for long-lasting efficiency in their machines.

COVID-19 Impact: Market Growth Restrained During Pandemic Due To Decline In Demand From Key Industries Like Automotive And Aerospace

The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.

The global Heli-Coil Thread Inserts Market was affected adversely during the COVID-19 pandemic due to issues such as disrupted global supply chain systems, manufacturing shutdowns, and low demand across the automotive and aerospace industries. Impositions such as lockdowns and restricted work environments slowed down manufacturing, hence stoning various projects and thus decreasing the utilization of thread inserts. This economic insecurity especially made many companies reduce their maintenance and new installations, thus reducing the market demand even further. Therefore, the market was affected by a steep drop during the period of the pandemic.

LATEST TRENDS

"Market growth is driven by innovation"

The trends that the Heli-Coil Thread Inserts Market currently sees include improvement of their material to enhance the overall product strength, use in lighter parts of automotive vehicles and other transportation equipment, and rising concerns for green technology. Of the specifications, one is the increasing popularity of tangless thread inserts that are far easier to both install and remove than the older models, decreasing the likelihood of debris formation. This trend is even more noticeable in the aerospace and electronics industries, where cleanliness and high precision, especially in the assembly process, are paramount. Customization options are also improving to meet the needs of the respective industries as well.

MARKET SEGMENTATION

By Type

Based on type the market can be categorized into Tanged Thread Inserts & Tangless Thread Inserts.

• Tanged Thread Inserts: Generally, for tanged thread inserts, there is a small tang provided at the bottom, which provides guidance during the insertion of the installation tool into the pre-tapped holes. They are usually employed in roubust fabrics, which are softer than the other types, and are often used in cases where there is a need for high strength and dependability of the end product. In most cases, the tang is left after installation only to be removed in order to accommodate bolts or screws.
• Tangless Thread Inserts: Tangless thread inserts do not have the tang that is present in the normal thread inserts, so they can be installed or even withdrawn without breaking off of the tang. This design also minimizes the presence of FOD in critical applications such as the aerospace and electronics industries. Tangless inserts also make installation and, overall, various forms of maintenance more efficient in many industries, including but not limited to manufacturing.

By Application

Based on application the market can be categorized into Automotive, Electric and Electronics, Aerospace and Defense & Machinery.

• Automotive: In the automobile industry, Heli-Coil screw inserts are used for both strengthening and repairing the thread holes of engine blocks, transmission casings, and other important parts. They offer strong threads in a light gauge, such as aluminum, to guarantee the nuts hold without coming loose or getting loose due to vibration. This application increases the durability and efficiency of automotive assemblies in high-strength applications.
• Electric and Electronics: Also, the uses of heli-coil thread inserts in the electric and electronics industries are as follows: In the electronic and electricity devices and equipment, the components are protected and fixed with high precision and strength. It provides them durable and anti-corrosive threads that enable them to hold fragile structures that are used in electric circuits and other housing structures. This guarantees easy flow of electricity and also shields delicate substances from being destroyed in the course of fixing them into place.
• Aerospace and Defense: The trends of aerospace and defense sectors find the heli-coil thread inserts suitable for the high-strength connection because of the resistance to extreme conditions. These inserts ensure safe ways of fastening in light materials that include titanium and aluminum that are used in making aircraft and other defense products. The application of the screws assists to avoid the stripping of thread and to provide safety and reliability in stressful conditions.
• Machinery: In the machinery manufacturing industry, for instance, Heli-Coil thread inserts are used in cars and other vehicles to either re-thread damaged fastening points or to improve the life of the fastening points in different facilities and machines. They are very essential to ensuring the threads’ strength in high-performance devices, including hydraulic presses and CNC machines. It must be noted that the inserts contribute to the ability to lengthen the operational time of the machinery and, as a consequence, decrease its maintenance downtime.

DRIVING FACTORS

"Market growth driven by aerospace demands"

The aerospace as well as the defense industries have demands of installation where high-strength and reliable fasteners are needed to survive extreme demand. These sectors require the use of Heli-Coil thread inserts for increasing reliability and avoiding thread breakage in light materials such as aluminum and titanium. It will also advance the Heli-Coil Thread Inserts Market Growth as more aircraft and defense equipment employ these inserts for important uses.

"Market growth rises with lightweight vehicle demand"

With the increasing trend towards lightweight vehicles for the purpose of attaining higher fuel economy and accomplishing lower emission rates, the requirements are moving towards faster-lasting solutions on softer substrates that include aluminum alloys. Heli-Coil thread inserts are able to produce deep, secure threads in these materials, which reduces the incidence of stripped threads and component wear. As the demand for lighter and more efficient vehicles increases, this in turn increases the demand for the thread inserts.

RESTRAINING FACTOR

"Market growth is limited by high costs"

Primarily, the use of Heli-Coil thread inserts is more expensive than other techniques of threading, as its installation may require the use of certain equipment as well as personnel. Some of these extra costs may pose problems in the particular manufacturing undertaking or organization with a small or limited budget to meet its costs. Therefore, the higher installation costs limit the growth of the market, especially in sensitive price areas and more so in usage areas.

HELI-COIL THREAD INSERTS MARKET REGIONAL INSIGHTS

The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.

"Market growth driven by North America's advanced industries"

North America holds the largest Heli-Coil Thread Inserts Market Share because industries such as aerospace, automotive, and defense that require superior threading are located within this region. Heli-coil inserts are adopted because of the region’s emphasis on adopting advanced manufacturing technologies and having high-quality standards. Also, there is increased focus on R&D activities and the strong supply chain that fosters growth in the market. North America’s focus on innovation and durability re-affirms its dominance in this market.

KEY INDUSTRY PLAYERS

"Product innovation by key players drives the market growth"

Due to the excellent effort and creativity of key industry players in the growth of the Heli-Coil Thread Inserts Market, they continue to dominate it through product innovation and development. Advanced materials and new efficient and varied designs are developed by leading companies for improving the performance of thread inserts and also investing in marketing and distribution. Due to their concentration on fulfilling market specialization requirements as well as refining the manufacturing process, market development and competition are encouraged.

TOP FIVE MARKET PLAYERS

• Wilhelm Böllhoff GmbH and Co. KG (Germany)
• STANLEY (U.S.)
• KATO Fastening Systems (U.S.)
• Helical Wire (U.S.)
• Bordo International (U.S.)

INDUSTRIAL DEVELOPMENT

March, 2023: Stanley Engineered Fastening, a leading company in the Heli-Coil Thread Inserts Market, has unveiled new stainless steel Heli-Coil inserts meant for use in highly demanding application areas such as aerospace and defense.

October 3, 2024: A large manufacturer released pre-coiled Heli-Coil kits for over-the-counter and commercial repair uses, facilitating ease of installation.

December 15, 2024: A aerospace company partnered with a manufacturer of Heli-Coil to develop temperature-resistant thread inserts for the next-generation of jet engines.

REPORT COVERAGE

This report is based on historical analysis and forecast calculation that aims to help readers get a comprehensive understanding of the global Heli-Coil Thread Inserts Market from multiple angles, which also provides sufficient support to readers’ strategy and decision-making. Also, this study comprises a comprehensive analysis of SWOT and provides insights for future developments within the market. It examines varied factors that contribute to the growth of the market by discovering the dynamic categories and potential areas of innovation whose applications may influence its trajectory in the upcoming years. This analysis encompasses both recent trends and historical turning points into consideration, providing a holistic understanding of the market’s competitors and identifying capable areas for growth.

This research report examines the segmentation of the market by using both quantitative and qualitative methods to provide a thorough analysis that also evaluates the influence of strategic and financial perspectives on the market. Additionally, the report's regional assessments consider the dominant supply and demand forces that impact market growth. The competitive landscape is detailed meticulously, including shares of significant market competitors. The report incorporates unconventional research techniques, methodologies and key strategies tailored for the anticipated frame of time. Overall, it offers valuable and comprehensive insights into the market dynamics professionally and understandably.