Market Overview:
The global riveting tools market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for riveting tools in the aerospace industry, automotive industry, and manufacturing sector. Additionally, rising demand for lightweight and fuel-efficient vehicles is also propelling the growth of the global riveting tools market. However, volatility in raw material prices may restrain the growth of this market to some extent during the forecast period.
Product Definition:
Riveting tools are used to join two pieces of metal together by driving a rivet through the pieces. The rivet is then peened over on the other side to hold it in place. Riveting is a strong and durable way to join two pieces of metal together, and it is often used in construction or manufacturing.
Pneumatic Riveting Tools:
Pneumatic riveting tools are used for applying significant pressure on the rivetting surface to ensure a strong bond. The pneumatic riveting tools have an advantage over air-powered guns in that they can be used for both spot and general duty applications, whereas air-powered guns can only be used for spot applications.
The global Pneumatic Rivet Tools market was valued at USD 557.1 million in 2016.
Battery Operated Riveting Tools:
Battery operated riveting tools are portable and can be easily handled by the operator due to its lightweight. These tools have a long working time, high speed, and strong output which makes them more efficient as compared to electric riveting tools. The battery operated riveting tool has an advantage over conventional electric rivet guns in that they do not require any external power source for operation.
Application Insights:
The manufacturing segment dominated the global riveting tools market in 2017, accounting for a revenue share of over 40%. The growth can be attributed to increasing demand from various industries including automotive, aerospace and defense. Riveting is used in aircraft manufacturing as it provides fasteners with high strength and thermal stability at low cost. In addition, rivets are used to couple panels or other materials during the production of an aircraft fuselage or a jet engine.
Automotive application is expected to witness significant growth over the forecast period owing to rising demand for vehicles coupled with improving economic conditions in key markets such as China and India. Battery-operated riveting tools are widely used due to their ease of use along with high productivity levels attained by these machines across several applications areas such as body panel repair & replacement, interior trim & bumper installation etcetera.
Regional Analysis:
Asia Pacific dominated the global riveting tools market in 2017 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing automotive production, construction activities, and aerospace industry. China is one of the largest producers of automobiles as well as other manufacturing equipment owing to low labor cost associated with it. This trend is projected to drive regional growth over the next eight years.
The Asia Pacific has a large number of manufacturers who are focusing on providing high-quality products at competitive prices within a short time frame which has resulted in increased demand for riveting tools within this region.
Growth Factors:
- Increasing demand for riveting tools from the automotive and aerospace industries due to the growing need for lightweight and durable components.
- The increasing popularity of riveting as a fastening method, especially in high-volume production applications.
- The development of new and innovative riveting tools that can be used in a variety of applications.
- Growing demand from emerging markets such as Asia Pacific and Latin America due to the growth of these regions' manufacturing sectors.
- Rising investments by tool manufacturers in research and development activities to develop new products that can meet the needs of their customers
Scope Of The Report
Report Attributes
Report Details
Report Title
Riveting Tools Market Research Report
By Type
Pneumatic Riveting Tools, Battery Operated Riveting Tools, Hand Operated Riveting Tools
By Application
Aerospace Industry, Automotive, Manufacturing, Others
By Companies
Stanley Engineered Fastening Rivtec, Cherry Aerospace, Gesipa Blindniettechnik GmbH, Arconic Fastening Systems, Sioux Tools, Advanced Air Tools Company, Ace Rivet and Fastener Inc, Honsel Umformtechnik, Lobtex, FAR Tools, KARAT Industrial Corporation, E Ding, Soartec Industrial Corporation, Toptul Taiwan, Shanghai Fast-Fix Rvet Corp, Ningbo Maowang Rivet Mfg
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
249
Number of Tables & Figures
175
Customization Available
Yes, the report can be customized as per your need.
Global Riveting Tools Market Report Segments:
The global Riveting Tools market is segmented on the basis of:
Types
Pneumatic Riveting Tools, Battery Operated Riveting Tools, Hand Operated Riveting 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 Industry, Automotive, Manufacturing, 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:
- Stanley Engineered Fastening Rivtec
- Cherry Aerospace
- Gesipa Blindniettechnik GmbH
- Arconic Fastening Systems
- Sioux Tools
- Advanced Air Tools Company
- Ace Rivet and Fastener Inc
- Honsel Umformtechnik
- Lobtex
- FAR Tools
- KARAT Industrial Corporation
- E Ding
- Soartec Industrial Corporation
- Toptul Taiwan
- Shanghai Fast-Fix Rvet Corp
- Ningbo Maowang Rivet Mfg
Highlights of The Riveting 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:
- Pneumatic Riveting Tools
- Battery Operated Riveting Tools
- Hand Operated Riveting Tools
- By Application:
- Aerospace Industry
- Automotive
- Manufacturing
- 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 Riveting 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.
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- Correctly Positioning New Products
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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?
Riveting tools are a type of hand tool used to rivet metal parts together. They have a round or hexagonal head with several sharp teeth that cut the metal as it is riveted.
Some of the major companies in the riveting tools market are Stanley Engineered Fastening Rivtec, Cherry Aerospace, Gesipa Blindniettechnik GmbH, Arconic Fastening Systems, Sioux Tools, Advanced Air Tools Company, Ace Rivet and Fastener Inc, Honsel Umformtechnik, Lobtex, FAR Tools, KARAT Industrial Corporation, E Ding, Soartec Industrial Corporation, Toptul Taiwan, Shanghai Fast-Fix Rvet Corp, Ningbo Maowang Rivet Mfg.
The riveting tools market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Riveting 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. Riveting Tools Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Riveting Tools Market - Supply Chain
4.5. Global Riveting Tools Market Forecast
4.5.1. Riveting Tools Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Riveting Tools Market Size (000 Units) and Y-o-Y Growth
4.5.3. Riveting Tools Market Absolute $ Opportunity
5. Global Riveting 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. Riveting Tools Market Size and Volume Forecast by Type
5.3.1. Pneumatic Riveting Tools
5.3.2. Battery Operated Riveting Tools
5.3.3. Hand Operated Riveting Tools
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Riveting 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. Riveting Tools Market Size and Volume Forecast by Application
6.3.1. Aerospace Industry
6.3.2. Automotive
6.3.3. Manufacturing
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Riveting 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. Riveting 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 Riveting 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. Riveting 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 Riveting Tools Demand Share Forecast, 2019-2029
9. North America Riveting 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 Riveting 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 Riveting Tools Market Size and Volume Forecast by Application
9.4.1. Aerospace Industry
9.4.2. Automotive
9.4.3. Manufacturing
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Riveting Tools Market Size and Volume Forecast by Type
9.7.1. Pneumatic Riveting Tools
9.7.2. Battery Operated Riveting Tools
9.7.3. Hand Operated Riveting 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 Riveting Tools Demand Share Forecast, 2019-2029
10. Latin America Riveting 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 Riveting 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 Riveting Tools Market Size and Volume Forecast by Application
10.4.1. Aerospace Industry
10.4.2. Automotive
10.4.3. Manufacturing
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Riveting Tools Market Size and Volume Forecast by Type
10.7.1. Pneumatic Riveting Tools
10.7.2. Battery Operated Riveting Tools
10.7.3. Hand Operated Riveting 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 Riveting Tools Demand Share Forecast, 2019-2029
11. Europe Riveting 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 Riveting 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 Riveting Tools Market Size and Volume Forecast by Application
11.4.1. Aerospace Industry
11.4.2. Automotive
11.4.3. Manufacturing
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Riveting Tools Market Size and Volume Forecast by Type
11.7.1. Pneumatic Riveting Tools
11.7.2. Battery Operated Riveting Tools
11.7.3. Hand Operated Riveting Tools
11.8. Basis Point Share (BPS) Analysis 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 Riveting Tools Demand Share, 2019-2029
12. Asia Pacific Riveting 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 Riveting 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 Riveting Tools Market Size and Volume Forecast by Application
12.4.1. Aerospace Industry
12.4.2. Automotive
12.4.3. Manufacturing
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Riveting Tools Market Size and Volume Forecast by Type
12.7.1. Pneumatic Riveting Tools
12.7.2. Battery Operated Riveting Tools
12.7.3. Hand Operated Riveting 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 Riveting Tools Demand Share, 2019-2029
13. Middle East & Africa Riveting 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 Riveting 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 Riveting Tools Market Size and Volume Forecast by Application
13.4.1. Aerospace Industry
13.4.2. Automotive
13.4.3. Manufacturing
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Riveting Tools Market Size and Volume Forecast by Type
13.7.1. Pneumatic Riveting Tools
13.7.2. Battery Operated Riveting Tools
13.7.3. Hand Operated Riveting 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 Riveting Tools Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Riveting Tools Market: Market Share Analysis
14.2. Riveting Tools Distributors and Customers
14.3. Riveting Tools Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Stanley Engineered Fastening Rivtec
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Cherry Aerospace
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Gesipa Blindniettechnik GmbH
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Arconic Fastening Systems
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Sioux Tools
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Advanced Air Tools Company
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Ace Rivet and Fastener Inc
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Honsel Umformtechnik
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lobtex
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. FAR Tools
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. KARAT Industrial Corporation
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. E Ding
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Soartec Industrial Corporation
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Toptul Taiwan
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Shanghai Fast-Fix Rvet Corp
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Ningbo Maowang Rivet Mfg
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
