What is Rivet Gun Market Scope?
Rivet Guns are a type of tool that is used to drive rivets in tight spaces. These guns are preferred in various industries and applications over other alternatives due to the precision of the driving force they can generate. Rivet guns are available in various sizes and shapes and also come with a variety of handles and grips. Rivet guns are generally lightweight tools and ergonomically designed so that they are easy to use. Furthermore, the growing demand for pneumatic rivet guns and the rising online sales are the factors that are anticipated to grow the market during the forecast period.
The Rivet Gun market study is being classified by Type (Manual Rivet Gun, Pneumatic Rivet Gun and Electric Rivet Gun), by Application (Automotive & Transportation, General Manufacturing, Building & Construction and Others) and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from United States will contribute to the maximum growth of Global Rivet Gun market throughout the predicted period.
Arconic Inc. (United States), Stanley Black & Decker, Inc. (United States), Astro Pneumatic Tool Company (United States), Campbell Hausfeld (United States), Malco Products, SBC (United States), JPW Industries (United States), Fastening Systems International (United States), Gagebilt (United States), Degometal (France) and GESIPA Blindniettechnik GmbH (Germany) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are Ingersoll-Rand plc (Ireland), Lobtex Co. Ltd. (Japan), Rivtec (New Zealand), FAR Rivet Guns (Italy), Desoutter Tools (France) and Airpro Industry Corp (Taiwan).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Rivet Gun market by Type, Application and Region.
On the basis of geography, the market of Rivet Gun has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
In August 2014, Atlas Copco North America, Asia-Pacific, and U.K. Holding Company have completed the acquisition of all entities of self-pierce riveting specialist Henrob with main sites in the UK and the US.
On 16 January 2020, STANLEY Assembly Technologies, the global leader in precision fastening, has launched the high-performance BR12PP-8 smart rivet tool, that allows manufacturers to reduce scrap, optimize the assembly area, and provide real-time process data.
Influencing Market Trend
- Cordless Rivet Gun or Battery Operated Rivet Gun
Market Drivers
- Increasing Number of Applications and Exponential Growth in Automotive and Aerospace Industry Owing To High Precision, Accuracy, and Reliability
- Surge in Number of Large-Scale Infrastructure Projects Such As Transportation and Energy-Related Projects
Opportunities
- Rapid Urbanization and Growing Building and Construction Sector across the Globe
- Growth of Semiconductor and Electronics Industries
Restraints
- High Cost of the Battery Operated Product
Challenges
- Lack of Skilled and Trained Workforce
Key Target Audience
Rivet Gun Manufacturers, Parts Suppliers, Distributors/Traders/Exporters/Importers, End-Use Industries and Others
Customization available in this Study:
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