Assembly Fastening Tools Market Size - By Type, Tool Type, Control Mechanism, End-use, Distribution Channel & Forecast 2023

Description

List of Tables

Global Assembly Fastening Tools Market will witness more than 4.4% CAGR between 2023 and 2032, catalyzed by prominent companies showcasing new products at industry events. These launches serve as pivotal platforms, unveiling cutting-edge technologies and innovations that revolutionize assembly processes. As leading brands introduce advanced tools and solutions at these events, interest and demand surge.

For instance, in April 2023, During the Assembly Show South 2023, Sumake North America introduced its new semi-automatic benchtop machine. This cutting-edge system streamlines screw feeder operations, removing the necessity for manual driver handling by operators. The resulting advanced automation speeds up production while generating cost efficiencies, marking a significant stride in enhancing assembly efficiency and productivity. Professionals seek optimized high-performance tools showcased at such gatherings to streamline production, enhance efficiency, and meet evolving industry demands. These events act as accelerators, propelling market growth while reshaping the landscape of assembly fastening technologies.

The overall Assembly Fastening Tools Market share is classified based on tool type, end-use, and region.

Inline tool segment will undergo significant development from 2023 to 2032. These specialized devices redefine assembly processes, offering precision and efficiency in various industries. Inline tools streamline operations, ensuring accurate fastening while minimizing errors. Their ergonomic design enhances user comfort and productivity, making them indispensable for assembly lines. As industries emphasize speed and accuracy in production, the demand for inline tools surges, reflecting their pivotal role in optimizing assembly processes and meeting stringent quality standards in modern manufacturing setups.

Assembly fastening tools market size from the heavy equipment segment will register a noteworthy CAGR from 2023 to 2032. These sectors demand robust, high-torque tools for precision assembly in machinery and large-scale structures. Specialized tools designed for heavy-duty applications ensure secure fastening are critical for equipment reliability and safety. As heavy equipment industries prioritize efficiency and accuracy in assembly, the demand for advanced fastening tools rises. Tools capable of handling the unique demands of heavy-duty assembly processes become instrumental, supporting the seamless construction and maintenance of substantial industrial machinery and infrastructure.

Europe assembly fastening tools industry will demonstrate a commendable growth rate from 2023 to 2032. The increased emphasis on precision engineering and advanced manufacturing across the region fuels the need for cutting-edge assembly tools. European industries prioritize quality and efficiency, driving the adoption of high-tech fastening solutions.

Stricter regulations and a focus on sustainable production amplify the demand for tools that optimize assembly processes. As Europe leads in innovation and industrial automation, the market experiences a surge in demand for fastening tools, highlighting their pivotal role in enhancing manufacturing precision and productivity across the continent. For instance, in July 2023, Express Assembly introduced the SMT-C2 Smart Controller and Transducerized Screwdriver, a high-tech tightening solution. Featuring an angle-tightening driver paired with a touchscreen interface, it guarantees accurate and controlled fastening operations.

Product Code: 7436

Chapter 1 Methodology & Scope

1.1 Market scope & definition
1.2 Base estimates & calculations
1.3 Forecast calculation
1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
  - 1.4.2.1 Paid sources
  - 1.4.2.2 Public sources

Chapter 2 Executive Summary

2.1 Assembly fastening tools market 360 degree synopsis, 2018 - 2032
2.2 Business trends
2.3 Regional trends
2.4 Type trends
2.5 Tool type trends
2.6 Control mechanism trends
2.7 End-use trends
2.8 Distribution channel trends

Chapter 3 Assembly Fastening Tools Industry Insights

3.1 Impact of COVID-19
3.2 Industry ecosystem analysis
3.3 Technological overview
3.4 Key news and initiatives
- 3.4.1 Partnership/Collaboration
- 3.4.2 Merger/Acquisition
- 3.4.3 Investment
- 3.4.4 Product launch & innovation
3.5 Regulatory landscape
3.6 Impact forces
- 3.6.1 Growth drivers
- 3.6.2 Industry pitfalls & challenges
3.7 Key supplier analysis
3.8 Growth potential analysis
3.9 Porter's analysis
3.10 PESTEL analysis

Chapter 4 Competitive Landscape, 2022

4.1 Introduction
4.2 Company market share, 2022
4.3 Competitive analysis of major market players, 2022
4.4 Competitive positioning matrix, 2022
4.5 Strategic outlook matrix, 2022

Chapter 5 Assembly Fastening Tools Market Estimates & Forecast, By Type

5.1 Key trends, by type
5.2 Corded
- 5.2.1 DC Electric Tools
  - 5.2.1.1 Screwdriver
  - 5.2.1.2 Wrench
  - 5.2.1.3 Nutrunners
  - 5.2.1.4 Others (Presses, Balancers, Retractors, etc.)
- 5.2.2 Pneumatic
  - 5.2.2.1 Screwdriver
  - 5.2.2.2 Wrench
  - 5.2.2.3 Nutrunners
  - 5.2.2.4 Others (Presses, Balancers, Retractors, etc.)
5.3 Cordless
- 5.3.1 Screwdriver
- 5.3.2 Wrench
- 5.3.3 Nutrunner
- 5.3.4 Others (Presses, Balancers, Retractors, etc.)

Chapter 6 Assembly Fastening Tools Market Estimates & Forecast, By Tool Type Material

6.1 Key trends, by tool type
6.2 Right Angle Tool
6.3 Inline Tool
6.4 Pistol Grip Tool
6.5 Others (Torque Tool, Pneumatic Tools, etc.)

Chapter 7 Assembly Fastening Tools Market Estimates & Forecast, By Control Mechanism

7.1 Key trends, by control mechanism
7.2 Transducer Controlled
7.3 Current Controlled
7.4 Clutch Controlled

Chapter 8 Assembly Fastening Tools Market Estimates & Forecast, By End-use

8.1 Key trends, by end-use
8.2 Aerospace & Defense
8.3 Heavy equipment
8.4 Automotive
8.5 Semiconductor & Electronics
8.6 Construction
8.7 Others (Marine, Telecommunication, etc.)

Chapter 9 Assembly Fastening Tools Market Estimates & Forecast, By Distribution channel

9.1 Key trends, by distribution channel
9.2 Direct
- 9.2.1 Company Owned Stores
- 9.2.2 Company Owned Websites
9.3 Indirect

Chapter 10 Assembly Fastening Tools Market Estimates & Forecast, By Region

10.1 Key trends, by region
10.2 North America
- 10.2.1 U.S.
- 10.2.2 Canada
10.3 Europe
- 10.3.1 UK
- 10.3.2 Germany
- 10.3.3 France
- 10.3.4 Italy
- 10.3.5 Spain
- 10.3.6 Russia
10.4 Asia Pacific
- 10.4.1 China
- 10.4.2 India
- 10.4.3 Japan
- 10.4.4 South Korea
- 10.4.5 Australia
- 10.4.6 Malaysia
- 10.4.7 Indonesia
10.5 Latin America
- 10.5.1 Brazil
- 10.5.2 Mexico
- 10.5.3 Argentina
10.6 MEA
- 10.6.1 GCC
- 10.6.2 South Africa

Chapter 11 Company Profiles

11.1 Stanley Black & Decker
11.2 Robert Bosch GmbH
11.3 Hilti Corporation
11.4 Makita Corporation
11.5 Atlas Copco
11.6 Ingersoll Rand
11.7 Snap-on Incorporated
11.8 Techtronic Industries (TTI)
11.9 Apex Tool Group
11.10 DEWALT (a division of Stanley Black & Decker)
11.11 Panasonic Corporation
11.12 Hitachi Koki Co., Ltd. (Metabo HPT)
11.13 Chicago Pneumatic (a brand of Atlas Copco)
11.14 Senco Brands, Inc.
11.15 Desoutter Industrial Tools