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Riveting Tools Market Global Trends, Market Share, Industry Size, Growth, Opportunities, and Market Forecast 2019 to 2029

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Riveting in prominently used in fabrication processes for joining two components. Orbital, pressed and radial riveting are the technologies that are widely used as it encourages high-quality joints with reduced cycle time and less amount of input fo
Riveting Tools Market Global Trends, Market Share, Industry Size, Growth,
Opportunities, and Market Forecast 2019 to 2029
Overview
The Global Riveting Tools Market was valued at USD 320 million by 2029 end and is
projected to register a CAGR of over 5% during the forecast period 2019 to 2029.
Global Riveting Tools Market Introduction:
Riveting in prominently used in fabrication processes for joining two components.
Orbital, pressed and radial riveting are the technologies that are widely used as it
encourages high-quality joints with reduced cycle time and less amount of input
force. Basically, they are a type of fasteners that connect the head and tail of the tool
using a smooth cylindrical shaft.
Global Riveting Tools Market Overview:
Based on the type of tool, the market is bifurcated into pneumatic, battery-powered
and hand-held. The hydro-pneumatic tools that are primarily used in aerospace and
transportation is likely to witness significant market growth during the forecast
period. Additionally, the riveting tools are used in the assembly section of vehicle
manufacturing which is likely to increase its demand in upcoming years.
The hand-held riveting tools are primarily used in building and construction sector.
Its usage for the maintenance and repair, roofing and flashing, air conditioning
installations and in-sheet metal construction shall increase the demand of riveting
tools thus boosting the market further.
Application-wise, the market is fragmented into automotive, aerospace, building &
construction and transportation. Riveting tools are used in transportation vehicles
for maintaining high stress resistance in these vehicles which increases their demand
thus propelling the market further.
Global Riveting Tools Market Regional Insight:
The global market is regionally categorised into Asia Pacific, North America, Europe,
Latin America and rest of the world. The product demand in Europe is positively
influenced by the development of eco-efficient and lightweight vehicles.
South and Central America regions to experience a rise in demand for riveting tools
due to the soaring adoption of rivets as fasteners in aerospace and automotive
industries.
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Global Riveting Tools Market Segmentation:
1. By Region
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Asia Pacific
North America
Europe
Latin America
Rest of the World
2. By Type
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Pneumatic
Battery-powered
Hand-held
3. By Application
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Automotive
Aerospace
Building & Construction
Transportation
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Competitive Landscape:
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Tier 1 players- established companies in the market with a major market share
Tier 2 players
Emerging players which are growing rapidly
New Entrants
Key Market Players:
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Stanley Engineered Fastening Rivtec Ltd.
Arconic Fastening Systems
Advanced Air Tools Company Inc.
Sioux Tools
FutureWise Key Takeaways:
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Growth prospects
SWOT analysis
Key trends
Key data-points affecting market growth
Objectives of the Study:
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To provide with an exhaustive analysis on the riveting tools market by region, by
type, by application
To cater comprehensive information on factors impacting market growth (drivers,
restraints, opportunities, and industry-specific restraints)
To evaluate and forecast micro-markets and the overall market
To predict the market size, in key regions (along with countries)— Asia Pacific. North
America, Europe, Latin America and rest of the world
To record evaluate and competitive landscape mapping- product launches,
technological advancements, mergers and expansions
Inquire further details about this report at: [email protected]
About FutureWise Research:
We specialise in high-growth niche markets, assuring flexibility, agility and
customised solutions for our clients. Through in-depth market insights and
consultancy, we present our clients with the tools they need to be at the forefront of
their industry – a position secured for far more than the near future.
Contact Us:
Company Name: FutureWise Research
Contact Person: Vinay Thaploo
Email: [email protected]
Phone: +44 141 628 9353 / +1 970 279 4295
City: Leeds
Country: United Kingdom
Website: www.futurewiseresearch.com
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