For the first time in its history, wire 2020 will host fastener and spring forming independent exhibition areas under its roof in Düsseldorf.
For quite some time now the organisers of the global trade fair wire and cable have observed developments on national and international markets and interviewed exhibitors and potential customers – always with a view to being close to the market and able to respond to current needs of the wire and cable industries. With these two new exhibition areas Fasteners and Springs, Messe Düsseldorf responds to market needs while closing the gap between machinery, plant, raw materials and finished products at the same time.
“The finished products fasteners and springs are especially ideal complements for the machinery, equipment and raw materials we have presented at wire in Düsseldorf so far. This extension of ranges guarantees wire an additional pillar with growth potential from 2020,” delights Friedrich-Georg Kehrer, global portfolio director metals and flow technologies.
Fasteners and springs are required virtually everywhere because every technical system needs them to work, one way or the other. The automotive industry – also a driver of innovation in this field – plays a leading role here. Today’s passenger cars, for example, contain more than 1,000 screw connections – 300 of them in the combustion engine – and some 1,000 springs.
Fasteners at wire 2020
The market volume for fasteners earmarked for the automotive industry alone is thought to have amounted to some US$ 20 billion in 2017 and it is expected to reach almost USD 21.5 billion in 2018 and rise to over US 25 billion by 2025 with an average compound annual growth rate (CAGR) of 2.4 %.
According to the “Deutscher Schraubenverband e.V. (DSV – German Screw Federation) 796,000t of fasteners worth € 3.3 billion were produced in Germany in 2017, one of the leading producing and exporting countries for screws and fasteners. Of these 794,000t (€4.5 billion) went to exports. The same year the country imported 895,000 t of fasteners. The German screw-making industry comprises some 50 manufacturers with a total of 8,000 employees.
Apart from the automotive industry and its OEMs the principal buyers of fasteners are producers of household appliances, electrical equipment and furniture, the construction industry as well as machinery, apparatus and steel engineering; these are also new target groups with different demands.
As big and international as ever – presenting 1,442 exhibitors from 51 countries on some 65,000 square metres of net exhibition space and over 42,000 trade visitors wire 2018 broke all the records attained in its over 30 years of success history at Düsseldorf fairgrounds.
In April 2018 the key players of the wire and cable industries were on site presenting their machinery, equipment, raw materials, technologies and services to a global audience. Two thirds of the exhibiting companies came from abroad, and in terms of visitors wire Düsseldorf also counts as one of the most international events in the growing trade fair portfolio metals and flow technologies.
Having joined the magazine in 2012, Claire developed her knowledge of the industry through the numerous company visits, exhibitions and conferences she attended both in the UK and abroad.
Claire prides herself on keeping readers well informed and up to date with the latest industry news.