Electric Rivet Gun Market was valued at USD 1.2 Billion in 2022 and is projected to reach USD 2.5 Billion by 2030, growing at a CAGR of 10.5% from 2024 to 2030.
The global electric rivet gun market was valued at approximately USD 1.2 billion in 2022. The market is projected to expand at a compound annual growth rate (CAGR) of 6.8% from 2023 to 2028, driven by increasing demand in automotive, aerospace, and manufacturing sectors. This growth is attributed to the rising need for efficient and automated riveting solutions that enhance productivity and reduce manual labor. As industries increasingly adopt electric rivet guns for their precision and speed, the market is expected to witness significant expansion. The North American and European regions are prominent contributors to the market, although the Asia-Pacific region is anticipated to exhibit the highest growth rate due to rapid industrialization and infrastructure development.
Emerging market opportunities are prominent in developing economies where industrialization and urbanization are accelerating. The shift towards advanced manufacturing technologies and the growing emphasis on high-quality, durable products are creating a favorable environment for electric rivet gun adoption. Additionally, innovations in rivet gun technology, such as battery-powered models with extended operational life and enhanced ergonomics, are likely to open new avenues for market growth. The demand for electric rivet guns is expected to be bolstered by increasing investments in automation and improvements in product design that align with industry requirements.
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Stanley Black & Decker
Ingersoll-Rand
RIVETEC Ltd
GESIPA Blindniettechnik GmbH
Atlas Copco
Arconic
Astro Pneumatic Tool
Campbell Hausfeld
Malco s
Degometal
Lobtex
JPW Industries
FAR Rivet Guns
Honsel Umformtechnik
Fastening Systems International
Gagebilt
Desoutter Tools
Airpro Industry Corp
SRC Metal (Shanghai) Co. Ltd
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Electric Rivet Gun Market
Automotive & Transportation
General Manufacturing
Electronics
Building & Construction
Others
Based on Types the Market is categorized into Below types that held the largest Electric Rivet Gun market share In 2023.
Light Duty Rivet Gun (Less Than 3mm)
Medium Duty Rivet Gun (3mm-5mm)
Heavy Duty Rivet Gun (More Than 5mm)
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Electric Rivet Gun Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Electric Rivet Gun Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Electric Rivet Gun Market, By Type
6. Global Electric Rivet Gun Market, By Application
7. Global Electric Rivet Gun Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Electric Rivet Gun Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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