Growth forecasts set scene for Milan fasteners show
Monday, January 25, 2016
Forecasts of market growth are providing an optimistic backdrop for this year’s Fastener Fair Italy in Milan.
Worldwide demand for industrial fasteners is forecast to climb 5.4% annually through to 2018, boosted by the rapid growth in the Internet of Things, which is expected to see an increase from 6.6 billion connected devices in 2015 to 50 billion by 2020, and by moves towards Industry 4.0 – the industrial application of digital technologies. Forecasts put the value of the fasteners market at US$124 billion (€103.2 billion) by 2023.
Industry perceptions of good future business prospects are believed to be among a number of factors contributing to strong demand for stands at the show, which takes place at MiCo – Milano Congressi from 28-29 September 2016.
More top names book stands
By early January more than 110 of the industry’s leading domestic and foreign companies had guaranteed their participation in the event, part of the international series of Fastener Fair trade shows and the key showcase in Italy for producers and distributors of fastener and fixing products and technologies.
Among exhibitors targeting the important automotive market with specialist fastener products will be Turkish firm Göksan Otomotiv and Oetiker Deutschland from Germany. Components for industrial vehicles is a key activity for T.I.T. Europe, exclusive supplier in Italy of Titgemeyer products and distributor of chemical and mechanical fastening systems from some of the world's leading manufacturers
HEICO Italia will feature its HEICO-LOCK® fastening systems, and Nord-Lock will present its bolt securing products. Also taking part will be Norwegian firm TTAP Drive with its innovative drive systems offering their ultimate solutions in screw assembly.
Suppliers of wide ranges of fasteners to industry will include VIPA, with some 65,000 screws and bolts, clamps, fixing elements and other products on offer from its Rolo site in Reggio Emilia and its logistics facilities in France and Spain, and Fixi, distributor of blind rivets, threaded inserts, welding studs, inserts for plastic materials and wire inserts.
Offering chemistry, production technology and services for the surface finishing industries will be Atotech Italia, while exhibitors offering inspection and quality control systems will include Keyence Italia and Prüftechnik, a leading supplier of high-quality testing and measuring systems to high-profile clients.
Commenting on the progress of the event, Exhibition Director Olivia Griscelli said: “It is already very clear that Fastener Fair Italy will be a great showcase for the industry. With its great engineering skills and a global reputation, Italy is a very important market. So this is definitely an event not to be missed, especially with so many positive indications of future opportunities for companies in the fastener and fixing sector.”
Fastener Fair Italy is organised by Mack Brooks Exhibitions Ltd. It is part of the worldwide series of Fastener Fair exhibitions for the fastener and fixings industry. These include Fastener Fair India, Fastener Fair Mexico, Fastener Fair Russia, Fastener Fair Turkey and the flagship event Fastener Fair Stuttgart, the world’s leading international trade show for this sector.
Additional information on Fastener Fair Italy 2016, including details of exhibition stand options, are available on the show website www.fastenerfairitaly.com
For further press information contact:
Tel: +44 (0) 1273 300 434
For general information contact:
Natalia Charman, Exhibition Manager, Mack Brooks Exhibitions
Tel: +44 (0) 1727 814 400
Fax: +44 (0) 1727 814 401