Riveting Tools Market

Riveting Tools Market Size, Share, Growth Analysis, By Product(Pneumatic, Hydro-pneumatic, Battery Powered, Lazy Tong), By Application(Automotive & Aerospace, Building & Construction, Transportation, Woodworking & Decorative), By Regional(North America, Asia Pacific, Latin America) - Industry Forecast 2024-2031


Report ID: UCMIG20G2017 | Region: Global | Published Date: Upcoming |
Pages: 165 | Tables: 55 | Figures: 60

Riveting Tools Market Insights

Market Overview:

The global market size of riveting tools was USD 206.8 million in 2018 and is expected to grow at a CAGR of 4.5% from 2019 to 2025. The increasing demand for riveting tools in the construction industry for steel structure installations and infrastructure development is expected to drive market growth. Additionally, advanced riveting tools are used for installing the outer body and flooring of vehicles in transportation applications.

Riveting Tools Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.

Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.

The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Construction Machinery & Heavy Trucks by segment aggregation, the contribution of the Construction Machinery & Heavy Trucks in Capital Goods and vendor share.

To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.

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FAQs

The market for Riveting Tools was estimated to be valued at US$ XX Mn in 2021.

The Riveting Tools Market is estimated to grow at a CAGR of XX% by 2028.

The Riveting Tools Market is segmented on the basis of Product, Application, Regional.

Based on region, the Riveting Tools Market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America.

The key players operating in the Riveting Tools Market are Engineered Fastening Rivtec Ltd.,, Cherry Aerospace,, Gesipa Blindniettechnik GmbH,, Arconic Fastening Systems,, Sioux Tools,, Advanced Air Tools Company, Inc.,, Ace Rivet and Fastener Inc,, Honsel Umformtechnik,, Lobtex Co..

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Riveting Tools Market

Report ID: UCMIG20G2017

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