Market Overview:
The global assembly fastening tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for assembly fastening tools in various applications such as aerospace & defense, heavy equipment, automotive, semiconductors & electronics, and others. In addition, the growing demand for cordless tools is also contributing to the growth of this market. However, factors such as high cost of advanced assembly fastening tools may restrain the growth of this market during the forecast period.
Product Definition:
Assembly Fastening Tools are the tools that help in assembling the components of a product. This includes screws, bolts, nails, and other such items. Assembly Fastening Tools are important because they help to hold the components of a product together, which ultimately results in a finished product.
Corded Tools:
Corded tools are hand-held power tools that are battery-powered or plug into an electric outlet. The most common types of corded tools used in the automotive industry include wrenches, screwdrivers, pry bars, and impact drivers. Cordless drills have gained popularity as they provide a convenient option for professionals who work on small jobs frequently.
Cordless Tools:
Cordless tools are battery-powered equipment that is used for performing operations without a cord. The market size of the global cordless tools industry was valued at USD 9,100 million in 2015 and is expected to grow at a CAGR of XX% from 2016 to 2024.
The growth can be attributed to the increasing demand for these products across various industries such as automotive, construction, electronics manufacturing and repair among others.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to increasing production levels of electric vehicles (EVs) across major economies such as China, Japan, and Germany. Furthermore, stringent regulations regarding energy consumption and emission reduction are expected to drive demand for fastening tools in this sector over the coming years.
The aerospace & defense segment is anticipated to witness significant growth during the forecast period owing to an increase in military spending across various countries including Russia, India and China which has resulted in an increased requirement for aircraft components along with other related equipment & systems. This factor is likely to fuel product demand from 2018 through 2030 thereby contributing towards overall market expansion during that period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030. The region has been witnessing strong growth in several industries, such as aerospace & defense and heavy equipment, owing to rapid industrialization and urbanization. Moreover, rising disposable income levels are anticipated to fuel the demand for consumer goods in countries like China and India. This will result in increased demand for fastening tools across various applications over the forecast period.
Europe accounted for more than 25% of total share in 2017 owing to high product adoption across numerous applications including automotive, electronics & semiconductors, construction & architecture among others.
Growth Factors:
- Increasing demand for lightweight and fuel-efficient vehicles
- Growing automotive industry in developing countries
- Rising demand for electric and hybrid vehicles
- Proliferation of advanced assembly technologies
- Growing popularity of modular construction
Scope Of The Report
Report Attributes
Report Details
Report Title
Assembly Fastening Tools Market Research Report
By Type
Corded Tools, Cordless Tools
By Application
Aerospace & Defense, Heavy Equipment, Automotive, Semiconductors & Electronics, Others
By Companies
Apex Tool Group, Atlas Copco, Estic Corporation, HIKOKI (Koki Holdings Co., Ltd.), Hilti Corporation, Ingersoll-Rand, Makita Corporation, Panasonic Corporation, Robert Bosch GmbH, Stanley Black & Decker, Techtronic Industries, Uryu Seisaku
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
230
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Assembly Fastening Tools Market Report Segments:
The global Assembly Fastening Tools market is segmented on the basis of:
Types
Corded Tools, Cordless Tools
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Aerospace & Defense, Heavy Equipment, Automotive, Semiconductors & Electronics, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Apex Tool Group
- Atlas Copco
- Estic Corporation
- HIKOKI (Koki Holdings Co., Ltd.)
- Hilti Corporation
- Ingersoll-Rand
- Makita Corporation
- Panasonic Corporation
- Robert Bosch GmbH
- Stanley Black & Decker
- Techtronic Industries
- Uryu Seisaku
Highlights of The Assembly Fastening Tools Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corded Tools
- Cordless Tools
- By Application:
- Aerospace & Defense
- Heavy Equipment
- Automotive
- Semiconductors & Electronics
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Assembly Fastening Tools Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Assembly fastening tools are a type of hand tool that are used to fasten parts together. They include various types of screws, nails, and rivets.
Some of the key players operating in the assembly fastening tools market are Apex Tool Group, Atlas Copco, Estic Corporation, HIKOKI (Koki Holdings Co., Ltd.), Hilti Corporation, Ingersoll-Rand, Makita Corporation, Panasonic Corporation, Robert Bosch GmbH, Stanley Black & Decker, Techtronic Industries, Uryu Seisaku.
The assembly fastening tools market is expected to register a CAGR of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Assembly Fastening Tools Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Assembly Fastening Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Assembly Fastening Tools Market - Supply Chain
4.5. Global Assembly Fastening Tools Market Forecast
4.5.1. Assembly Fastening Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Assembly Fastening Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. Assembly Fastening Tools Market Absolute $ Opportunity
5. Global Assembly Fastening Tools Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Assembly Fastening Tools Market Size and Volume Forecast by Type
5.3.1. Corded Tools
5.3.2. Cordless Tools
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Assembly Fastening Tools Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Assembly Fastening Tools Market Size and Volume Forecast by Application
6.3.1. Aerospace & Defense
6.3.2. Heavy Equipment
6.3.3. Automotive
6.3.4. Semiconductors & Electronics
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Assembly Fastening Tools Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Assembly Fastening Tools Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Assembly Fastening Tools Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Assembly Fastening Tools Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Assembly Fastening Tools Demand Share Forecast, 2019-2026
9. North America Assembly Fastening Tools Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Assembly Fastening Tools Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Assembly Fastening Tools Market Size and Volume Forecast by Application
9.4.1. Aerospace & Defense
9.4.2. Heavy Equipment
9.4.3. Automotive
9.4.4. Semiconductors & Electronics
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Assembly Fastening Tools Market Size and Volume Forecast by Type
9.7.1. Corded Tools
9.7.2. Cordless Tools
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Assembly Fastening Tools Demand Share Forecast, 2019-2026
10. Latin America Assembly Fastening Tools Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Assembly Fastening Tools Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Assembly Fastening Tools Market Size and Volume Forecast by Application
10.4.1. Aerospace & Defense
10.4.2. Heavy Equipment
10.4.3. Automotive
10.4.4. Semiconductors & Electronics
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Assembly Fastening Tools Market Size and Volume Forecast by Type
10.7.1. Corded Tools
10.7.2. Cordless Tools
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Assembly Fastening Tools Demand Share Forecast, 2019-2026
11. Europe Assembly Fastening Tools Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Assembly Fastening Tools Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Assembly Fastening Tools Market Size and Volume Forecast by Application
11.4.1. Aerospace & Defense
11.4.2. Heavy Equipment
11.4.3. Automotive
11.4.4. Semiconductors & Electronics
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Assembly Fastening Tools Market Size and Volume Forecast by Type
11.7.1. Corded Tools
11.7.2. Cordless Tools
11.8. Basis Point Share (BPS) Analysi by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Assembly Fastening Tools Demand Share, 2019-2026
12. Asia Pacific Assembly Fastening Tools Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Assembly Fastening Tools Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Assembly Fastening Tools Market Size and Volume Forecast by Application
12.4.1. Aerospace & Defense
12.4.2. Heavy Equipment
12.4.3. Automotive
12.4.4. Semiconductors & Electronics
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Assembly Fastening Tools Market Size and Volume Forecast by Type
12.7.1. Corded Tools
12.7.2. Cordless Tools
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Assembly Fastening Tools Demand Share, 2019-2026
13. Middle East & Africa Assembly Fastening Tools Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Assembly Fastening Tools Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Assembly Fastening Tools Market Size and Volume Forecast by Application
13.4.1. Aerospace & Defense
13.4.2. Heavy Equipment
13.4.3. Automotive
13.4.4. Semiconductors & Electronics
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Assembly Fastening Tools Market Size and Volume Forecast by Type
13.7.1. Corded Tools
13.7.2. Cordless Tools
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Assembly Fastening Tools Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Assembly Fastening Tools Market: Market Share Analysis
14.2. Assembly Fastening Tools Distributors and Customers
14.3. Assembly Fastening Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Apex Tool Group
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Atlas Copco
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Estic Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. HIKOKI (Koki Holdings Co., Ltd.)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hilti Corporation
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Ingersoll-Rand
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Makita Corporation
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Panasonic Corporation
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Robert Bosch GmbH
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Stanley Black & Decker
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Techtronic Industries
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Uryu Seisaku
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook