Riveting Tool Market Report: Trends, Forecast and Competitive Analysis to 2030

Riveting Tool Trends and Forecast

The future of the global riveting tool market looks promising with opportunities in the automotive & aerospace, building & construction, transportation, and woodworking & decorative applications. The global riveting tool market is expected to reach an estimated $0.27 billion by 2030 with a CAGR of 4.2% from 2024 to 2030. The major drivers for this market are rising preference for battery-powered riveting tools and increasing demand for these tools from automotive and aerospace industry.

A more than 150-page report is developed to help in your business decisions.

Riveting Tool by Segment

The study includes a forecast for the global riveting tool by product, application, and region.

Riveting Tool Market by Product [Shipment Analysis by Value from 2018 to 2030]:

• Pneumatic
• Hydro-Pneumatic
• Battery Powered
• Lazy Tong
• Hand Held Lever

Riveting Tool Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Automotive & Aerospace
• Building & Construction
• Transportation
• Woodworking & Decorative
• Others

Riveting Tool Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Riveting Tool Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies riveting tool companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the riveting tool companies profiled in this report include-

• Arconic
• AVK Industrial Products
• Cherry Aerospace
• GESIPA Blindniettechnik
• Honsel
• KARAT INDUSTRIAL
• MPK Special Tools
• Rivtec
• Sioux Tools
• Stanley Black & Decker

Riveting Tool Market Insights

Lucintel forecasts that pneumatic riveting tool is expected to witness the highest growth over the forecast period.

Within this market, automotive will remain the largest segment due to significant use of riveting tools in the production of both passenger automobiles and commercial vehicles.

APAC will remain the largest region over the forecast period due to rising demand for riveting tool from various end use industries, such as automotiove, construction, and manufacturing sector of the region.

Features of the Global Riveting Tool Market

Market Size Estimates: Riveting tool market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Riveting tool market size by product, application, and region in terms of value ($B).

Regional Analysis: Riveting tool market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different products, applications, and regions for the riveting tool market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the riveting tool market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the riveting tool market size?

Answer: The global riveting tool market is expected to reach an estimated $0.27 billion by 2030.

Q2. What is the growth forecast for riveting tool market?

Answer: The global riveting tool market is expected to grow with a CAGR of 4.2% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the riveting tool market?

Answer: The major drivers for this market are rising preference for battery-powered riveting tools and increasing demand for these tools from automotive and aerospace industry.

Q4. What are the major segments for riveting tool market?

Answer: The future of the riveting tool market looks promising with opportunities in the automotive & aerospace, building & construction, transportation, and woodworking & decorative applications.

Q5. Who are the key riveting tool market companies?

Answer: Some of the key riveting tool companies are as follows:

• Arconic
• AVK Industrial Products
• Cherry Aerospace
• GESIPA Blindniettechnik
• Honsel
• KARAT INDUSTRIAL
• MPK Special Tools
• Rivtec
• Sioux Tools
• Stanley Black & Decker

Q6. Which riveting tool market segment will be the largest in future?

Answer: Lucintel forecasts that pneumatic riveting tool is expected to witness the highest growth over the forecast period.

Q7. In riveting tool market, which region is expected to be the largest in next 5 years?

Answer: APAC will remain the largest region over the forecast period due to rising demand for riveting tool from various end use industries, such as automotiove, construction, and manufacturing sector of the region.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the riveting tool market by product (pneumatic, hydro-pneumatic, battery powered, lazy tong, and hand held lever), application (automotive & aerospace, building & construction, transportation, woodworking & decorative, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?